How to Invest Smartly?
If I had to start over: my 30 day plan to make $1,000,000 day trading ASAP:
- Pick 3 tickers. $S&P 500(.SPX)$, $Invesco QQQ(QQQ)$, $Meta Platforms, Inc.(META)$. Nothing else.
- Mark every key support and resistance level on the weekly and daily charts.
- Watch price. Don't touch anything. Just observe.
- Study how price reacts at your marked levels. No trades yet.
- Build your morning routine. 4:30am. Meditation. Pre-market prep. Non-negotiable.
- Trade your levels with insignificant capital. See if price respects them.
- Review every move you watched this week. Write it all down.
- Identify your one setup. The one that makes the most sense to you.
- Start trading small. Assume every position could go to zero.
- Take one trade only. Execute the plan. Close the charts.
- Review yesterday's trade. Why did you get in? Why did you get out?
- Sit on your hands if the level isn't there. Miss the move. That's fine.
- Size down the moment you feel emotional. Come back tomorrow.
- End of week 2. Review every trade. Find the pattern in your mistakes.
- Meditate before the open. Every single morning from here.
- If you're up, withdraw something. Start building the habit now.
- One setup. One ticker today. Maximum focus.
- Study the 5 consecutive red days pattern. Learn mean reversion.
- No trades today if the level isn't perfect. Patience is the strategy.
- Review your journal. You should have 10+ trades logged by now.
- End of week 3. If you're consistent, size up slightly. Only slightly.
- Identify your worst habit. Revenge trading. Chasing. Averaging down. Fix one.
- Pre-market plan written before 9am. Know exactly what you're waiting for.
- Let a winner run today. Don't close it early.
- Close the charts after your trade. Stop watching PnL all day.
- Review your best trade this month. Understand exactly why it worked.
- Review your worst trade this month. Understand exactly why it didn't.
- End of week 4. Calculate your R. Are you consistent?
- Write down the 3 rules you broke this month. Don't break them in month 2.
The million isn't made in 30 days.
But the foundation is.
Keep going.
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
