I’ve been trying to trade consistently but I feel stuck.
I follow SMA 9/20, EMA 9/200, VWAP, SMMA 200, Volume, MACD. I usually watch 4–5 stocks, check news, and then take trades (mostly call options).
I use two accounts (margin + cash). Some days I make a bit, some days I don’t trade because of limits, and overall I’m either breakeven or down.
I’m aiming for around $100–$200 per day with about $3k buying power, but it’s not working out consistently. A lot of my trades are around earnings or same-day expiry options.
Few things I’m struggling with:
- Should I focus on just 1–2 stocks instead of tracking many?
- Do people usually take multiple trades a day or just one good setup?
- Do you have a fixed % where you always take profit?
- Is buying options the problem here? Should I just trade stocks instead?
Even after trying to follow rules, it still feels like I’m just guessing sometimes.
Would appreciate any honest advice from people who’ve been through this.