Comment by LouisSayers

Comment by LouisSayers 5 days ago

2 replies

I've seen people on tiktok that exclusively trade options. It's not something I've looked into but my take after 6 months is that you basically find an approach that works for you, whether that be trading stocks, commodities, options etc and the time-scale that you trade.

Personally I like to do primarily tech stocks and mix it up doing swing trading (holding multiple days) with a bit of scalping as well (buy / sells over minutes).

At first I lost a lot of money scalping but now I seem to have a much higher success rate - you start to notice certain patterns in the way stocks move if you watch the charts long enough, and I've been learning to have more conviction in my positions.

brcmthrowaway 5 days ago

Maybe algotrading is the answer

  • LouisSayers 4 days ago

    Yes, I might consider doing this but need to consistently feel confident doing it manually first. I did set up a docker instance to connect to my broker, so perhaps a goal for this year!