Things are changing. Better to do an ROI comparison on college costs vs a paid apprenticeship and investing (not day trading) in the stock market. It used to be that you would need to go to college just to give you the necessary knowledge to do an ROI. But now all of the information that you would need is available for free on the Internet.
%% Good questions; +did you take Dave Ramsey in Hi School?? 2]Prefer a public forum. MANY best traders-investors do; AUM, business, farm , garden, business.......................Mr Nobert said ''you repeated '' Yes ,I meant to.LOL
There have been many comments recently, and I appreciate everyone's dedication to my question. Still, I found that many people are going off-topic or are simply not helpful. Let me position myself in another way. For those who would like to answer the thread, please, if interested, offer me suggestions on what steps a short-term trader like me should take next in improving trading strategies, considering my age and status. If you would like to share other opinions, such as "focus on your college," "invest long-term instead of trading short-term," or "go get other jobs," please do not post them here, as I have never requested ideas such as those. You could directly message me privately. Thank you for your cooperation.
read a ton of books, study this forum and ask pointed questions. Be open to other methods rather than support and resistance. if that’s also off topic then you are done. your thread topic has been addressed several times on this forum already. Anyone contributing here is doing so out of their own kindness despite your lack of initiative in doing your own reading.
Thank you for your advice. I am incorporating new concepts such as anchored VWAP, MacD, and Fibonacci retracement as I continue to trade stocks. The current trading software that I use is ThinkorSwim, which I believe is a sophisticated trading platform that I will use for many years as I inching myself to become a real trader. As you have mentioned, the university is indeed my backup plan, and in fact, my college scholarship offers me more than the direct tuition cost and indirect expenses which is another reason I want to improve my skills before trading larger quantity and the probability of facing larger losses. Thank you again for your comment and support.
I have already gone through all updated commentaries, and the few clues I have are reading books that were suggested in addition to a few other commenters who emphasize training psychological mentality and pattern spotting. I have never mentioned in my comment that I wouldn't try new trading strategies and tools that may help me as I adapt to the current market more. In fact, I regularly check this thread to see if there are any other helpful tools or advice that other traders have. If you believe that I haven't appreciated the comments enough, then you don't have to post any replies here.
Delta1 (shares, futures, no convexity) is really fcking hard. There are a handful of guys on here who are profitable. A handful. I trade vol. I had a great Delta1 PNL-run in 2019-2021 but as soon as I met my target I went back to trading equity-vol.
@PPC is an alias of a banned nick @Xela. You need to avoid various serial trolls who are absolutely clueless. @Handle123, PPC, et al.