Diaries of a Day Trader
I thought I start a blog on my adventures as a day trader as I start this new journey.
What Is a Day Trader?
A day trader
Do not follow my trades, you will not make money following someone else.
My blog won't teach anyone how to be a profitable trader other than pointing out some traders who make money and provide free and/or paid education. Alot good free education. Watching a legit trader trade in real time usually is a paid service. No, I have Zero interest selling anything, got better things to do.
Ignore my trades, just a blog for me to record keep, not to help anyone make money in real time as I am busy trading so not gonna post my trades in real time.
I'll ship you $10K USD if you see me sell a service that I profit from here or anywhere else on the internet
Kinda my blog, can post whatever I want bro. If you think I am a fraud you can report me to the admin and I'll gladly show them my accounts and my trading via live streaming and if they think I am a fraud I will stop blogging.
Dekmar trades is live trading on youtube from 7am to mid morning, been watching him this week
90% of "gurus" on social media lose money from trading and are trying to sell a service or course. They won't show their broker statements or have their broker account linked to Kinfo. Madaz posting on X his -$646K losing streak from tilting/revenge trading. Like I said, he posts his wins and his losses. Probably one of the top scalpers I know but even then you can get on a losing streak.
As a trader, you should be able to read sec filings. There was a merger vote on friday for MGOL to merge with HIEMAR which approved a 30 for 1 stock conversion. HIEMAR is valued at $300M with 56M float giving a stock value price of $5.20. For every 30 HIEMAR stock you will get 1 HIEMAR stock after the merger. That means MGOL shares should be valued at $0.18. This is a sell the news even where you should be shorting MGOL sometime just after the vote being passed in the $1 range The voting happened at 11am Friday. THe stock faded in the afternoon friday and is sitting at 51 cents. IF my calculations are correct, it should fade down towards 18 cents over the next few days. This is a great short swing trade.
damn im bout to ressurect somethin thats been left alone for a few months (hope all is well SkyClassic)
was curious about how you approach day trading as far as analysis - what specifically makes a stock's intraday volatility prime conditions to find an entrance/exit and are there ever trades you hold longer than 24 hrs or am i taking it too literally?
also what conditions of volatility that would indicate ripeness for a swing also let you now that it wont suffer further exageration of price changes? (eg. identify a stock that is likely to jump 5 points because of 'x' before close as opposed to a stock that is going to jump 5 points every 20 minutes because of 'absolutely no clue')
My trades last between minutes to many days depending on the setup. I have several setups that work for me as well as other good traders.
In this example. SMCI had news on this day where it announced adjusted earnings guidance that caused it to create new high. As you can see the stock was kinda going sideways for a while till the news came out. I longed the stock when it gaped up on the news making new all time highs. I have the 9ema, 20 ema and 50 ema on my chart. You can see it surfs the 9ema (green line) then starts to over extend the 9ema on the day it had the big red candle. The price of the stock was higher premarket that day which is where I sold. When it starts to over extend the 9ema is when you know it's time to start selling you long or try and short it.
Here is an example of a short, NMAX was a recent IPO that opened at $12 and went to $280s in 2 days. I use the 15 minute chart as I can't use the daily chart as there is not enough days to plot a meaningful chart. I have the 9, 20, 50 ema, You can see the over extensions. Those are where you want to exit your longs or short it...but shorting is extremely risk on a stock that can move 1, 000% in 1 day. So, in this case, being less agressive and shorting the break down of the low of day that was made on this day's monring bounce is a safe place to short and to get a good piece of the meat. The reason why it went up so much was that they never distributed the shares to the IPO purchases so there was no shares to sell on day 1 and day 2. On day 3, the IPO subscribers go thier shares and started to sell and take profits which is where it dumped. Also, we call it backside when the stock price stays under the 9, 20, 50 ema's. You have to be careful trying to short front side where the stock price stays above the emas. Where I shorted it (red mark) you can cover your short end of day or hold it for several days or take partial profits and swing the rest. Stocks that make 500% moves are watched for possible trades, being patient on a stock that makes 1, 000 plus % move is critical.
Each setup has a grade of A+ to B-, My A+ has 10 to 20x the size of a B- setup Now, scammy small cap stocks are traded differently and the setup is different. I'll discuss those when I have some examples, they are usually closed within the same day.
my suggestion is to use paper money account when you start or try a new setup and see if you can make money in a paper account for 6 months straight or just trade 1, 5, 10 shares with real money. It's very rare someone just starts trading and makes money.
It's not easy explaining intraday day trading. Most of it are small cap shit companies. I'm looking to short the parabolic move, buying the news (have to be in the first minute that news breaks or the first dip and continuation of the news move). There are breakouts of consolidation areas and shorting the roll over. These require some feel to the game and are not easy to master for intraday trades where you can exit after a few minutes to hours. Takes years to master these and I learned off of traders with 1+ yerars of experience. Most intraday traders lose money the first 3 years.
All 3 of these traders lost money the first 3 years. I was taught by a trader who worked with TheShortBear when they started trading, losing money then eventually making money after 3 years. TheShortBear runs a hedge fund now.
This was written by a trader iby a trader after the tariffs were announced. Someone who just started out trading would not understand what and why he was trading. Trading isn't a get rich quick scheme.
Shorted PONY on the pop to $10s this morning (April 30). faded rather quickly then bounced a bit and went sideways. Swinging it for a few days, looking to see low *s tomorrow. Will cut it if it holds 9.50s tomorrow. Stock went on a 2 day run, pulled back day3, ran day 4, pulled back day 5, pulled back day 6 (today, April 30). So, from $4 to $11. We should be back side here, expecting to get to low $8s maybe $7s in a few days. I shorted small PM, added some after open, covered my short, reshorted it when it squeezed to $10s. the first chart, 15minute chart shows the bigger picture, the 1 minute chart shows may first failed short attempt and the successful second attempt at $10s. I didn't trade like this my first few years. Wasn't good enough.
Probably one of the best intraday traders in recent years, Lance Breitstein. If you think you're just gonna start intraday trading and make money, lol. I had several friends ask me "I want to start trading but don't want to put in the thousands of hours". My response is "OK, start with a paper trading account and see if you can consistently make money for 6 months straight". They say "OK" then I never hear back from them
https://www.youtube.com/watch?v=sMofWAJg3Ok
This is the person that elevated my trading to where it is today. I paid $2.5k USD for 6 months of trading mentorship/program in 20222. You won't find any advertising on the internet about him offering this course other than a few twitter tweets. I doubt he will teach again so not saying to take the course if he did offer it again. Also, his style of trading matched mine so it made sense for me and I knew how he traded before I paid. Not saying it makes sense for you if he did offer a course again. He blew up his trading account when he started and took a 2 year break to save money to try again.
Moved my trading accounts that were at TD Direct Investment to Questrade. Questrade has zero commission trading for stocks and 99 cents per option trading for Canadians. THe app is nicer to trade on as well. Spy made news highs. It feels like we're in a bull market. Account at $3.2M Canadian now, was at $2.6M end of Dec (posted a screenshot back then). Still learning more setups to trade. Avg price of the stocks in this pic are the transfer prices from TD, not my entry price.
SPY ATHs, some tech/AI stocks are breaking out to new highs, others are close to previous highs, market feels bullish. Who ever replaces Powell in 2026 will likely cut interest rates so markets pricing that in now. I feel bullish for tech/AI for rest of 2025.
Ai is carrying this stock market, huge earnings beats by MSFT and META. Cap Ex spend are increasing for the Mega Caps, NVDA should do well next earnings. NVAD consolidated for 6 months from 110 to 140 so this current leg up should settle around the $200 price range.
Hit $3.5M $CAN on my large account, goal is to get to $4m CAN and start selling covered calls to generate cash.
Put $6K USD into a new broker used for day trading in January of this year, Traded well first 2 months then got sloppy, started to trade alot better past month, This account currently sitting at $60ish K USD. So 10x in half a year. Definitely getting better as a trader every month, still see 4 years of improving my skillz. Real happy of where I am as of today in my journey as a trader. I do more risky daytrades, shorting small caps, buying IPOs. etc. with this small account
FIG IPOed yesterday, opening print $85. I longed the $100 hold of VWAP after open, still holding, currently at $130s, not sure when I'm taking profits, it all depends on price action today and where it holds support, accumulation. IPOs are doing well this year, if you buy the opening price on Crypto or Ai related IPOs you are profiting alot. This is a new broker I am trying out so I only wired in $6K USD in January as I wanted to make sure it got thru. 3 weeks and didn't show up in the broker account so I asked my Bank to do a trace and see where it went. It shows up in week 4. I was gonna deposit more $$ but how long it took I said screw it. It was panful trading with $6K lol, $60K is more manageable but would like to get it to $100K to get multiple trades going on as well as selling and buying call options. Broker added more ways to deposit and withdraw money so it shouldn't be as painful going foward.
I'm short some shares of ATYR. Phase 3 data readout should come out Monday or Tuesday. I expect the phase 3 data to be bad. Will add to my short position after data readout on Monday or Tuesday if I can get in before it tanks to sub $2. I'm short from $6.30s. I make money if the stock tanks, don't follow me as this is risky without proper sizing
The phase 3 data released this morning was bad, I added to my short premarket. $11K profit on the short
Bought some long MLGO shares, scammy pump and dump stock, did a 1 for 30 reverse split in the spring, seem like the bottom is in at $8. I bought some shares high $8 and $9 avg in two of my accounts. Stock went ober $10 today, Starting to move up now. Risky trade so only a small amount of shares. Now, I have to patiently wait
$4M CAN milestone, expect markets to go on a bull run to end of year. Doesn't feel real to me. I am improving as a trader and gaining more confidence, still see myself having another 4 years of improvements to my trading. I read, research, review about 4 hrs a day.
One of the best traders in this era giving some good info for free on youtube. He talks about Qullamaggies's swing long setups, the same setups that made me 90% of my profits in 2024. I belong to Lance's paid membership for 1 year, my membership will expire in November, will not renew since he covered pretty much everything I was interested in. Lance provides alot of free info on X and youtube. I don't recommend anyone buy courses from anyone as all that stuff can be found for free . Lance donates everything he makes from memberships to charity, Qullamaggies provided all of his info for free I learned his setups for free, one of the best swing long setups in a bull market.
The only thing I think you need to pay for is to see a verified trader who trades like you trade live every day showing his entries and exits for like 6 months. Only a few legit traders who do that, tons of losing traders charging for services lol.
I spent about 3000 to 4000 hrs learning how to trade over 4 years and I think I still have 4 years of being able to improve. I am kind of amused at the number of traders who think they can just start trading and make money, kinda like gonna just start playing poker and start making money. Trading is gambling, has the same characteristics like sports betting, , horse racing, poker. In all of them, you are looking for positive EV situations. Probably why I was able to adjust to trading so quickly.
Watching alot of MLB playoff games now. I remember watching alot back when I bet on baseball. The stuff I know in my brain like: stadium position wrt North, stadium dimensions, wind direction impacts on fly balls, whether the retractable roof was going to be open or close, humidity, temperature, pitcher versus batter stats, umpire strike zones,
Go Jays go!
A legit day trader who goes live for free on youtube every once in a while, shows all his trades
