I just found Day trading recently. This is very interesting and i am trying to learn from last 3 months. just doing paper trading right now. after making 9k. i lost it all.
so my question is people really make money or it just just a win loss game. you win 1 trade and loss 5.
please reply. your answers will effect my learning i want to do this but sometimes this question comes in my mind.
Some genuinely make money.
Theyâre a small minority. It has a learning-curve, of course. But itâs possible. It takes time.
How many you win/lose and what size the average wins/losses are go together.
You can win money with a method with a low win-rate if the wins are big and the losses are small. You can also lose money with a method with a high win-rate if the losses are too big.
You âjustâ need to win more from all your losses added together than you lose from all your losses added together.
You have to understand some arithmetic and statistics, and be able to backtest various methods to know whether you can do that. None of the people who try to skip over that part (and there are a lot of them!) ever becomes profitable. So thereâs a learning-curve involved.
Meanwhile welcome to Babypips!
I really feel you on this. Iâve been learning and trading for a while now, and I can tell you â yes, people do make money in day trading, but it takes time, consistency, and a lot of mindset work.
The early phase is usually rough. Losing after a big win is something every trader goes through. Iâve had moments where I felt like I was finally âgetting it,â only to wipe out gains with a few bad trades. Itâs not about one win and five losses â itâs about how you manage those wins and losses. You can be wrong more often than youâre right and still be profitable if your losses are small and your wins are big enough.
Focus less on the money and more on building a solid strategy, understanding risk management and tracking your trades and emotions.
Donât let the losses discourage you, use them as feedback and keep learning.
Yes, people do make money in day trading, but itâs important to remember that itâs not a guaranteed way to earn. Itâs more about strategy, managing risk, and developing discipline. Many traders experience more losses than wins, but the key is ensuring that the wins outweigh the losses in the long term. Some people can achieve success by sticking to a well-thought-out plan, practicing patience, and avoiding emotional decisions.
When you win a trade, itâs easy to get excited, but itâs crucial not to let that influence your next moves. Likewise, losses can feel discouraging, but theyâre also an opportunity to learn and refine your approach. Day trading involves a lot of emotional management as well, which can be just as important as understanding market trends and patterns.
So, yes, it can feel like a game of win-loss at times, but it doesnât have to be. With paper trading, youâre already taking a great first stepâgetting a feel for the market without risking real money. Keep practicing, stay disciplined, and focus on learning rather than just chasing wins.
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It works, its risky but it works i however would not recommend it if you have dept or are about to take loans or something. Takes time to understand how everything works, much much time but as everything i believe this also can be mastered. Its all about your tactic, testing tactics and when they work and you understand them, then and only then you apply this tactics into a real market.
Yes,some people make money from trading everyday.
And this is what i have now
It took me 5 years looking at charts to get to 85-92% win rate.
You have a long journey my friend,just remember that itâs possible 
This is realy impressive⌠cheers
You do that by trading mostly without a stop-loss, coolBuTcute? 
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Yes,if I know that price must fall or rise,I dont need stop loss.
90% of time i dont use stop loss
Letâs hope your internet connection is the most reliable in the world, and that thereâs never a sudden, unexpected news spike while you have a trade open! 
You are actually trading with a stop-loss, really, though: itâs just that the one youâve chosen for each of those trades is the default one called âaccount margin call levelâ. 
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My friend,if everyone is selling now (for ex) and you buy,how can unexpected news spike bother you? it will spike up obviously âŚ
Thatâs why i come here only once in a year,because people here are so misled⌠they will never accept that makers have nothing to do with real worldâŚBut why would they? when its 10x easier to draw 1 line and thatâs it.
You must look at charts from this point of view
1-- Everyone buying ,because they thought that price will go through ressistance line,but it didnt of course.
2-LL He stopped those buyers,and made a lower low to make everyone believe in short,because for majority this is a good setup to sell( he forces you to sell,he makes you believe in sell,this way he creates liquidity for his possition to be oppened )
3 When price started to rise,at all those mini consolidations people started to sell,so price rise. I can open 1 trade and keep it till the end,or i can open 20-30 trades with small profits and close it (just open buy -goes in profit close,open another one and so on until the end of show ) Thatâs why you dont really need a stop loss when you trade.
4-Red line is just the area full of stop losses ,is the area where HIS possition will be oppened.
In order to profit everyday from trading,you need that type of thinkingâŚ
Smth like thisâŚas you guys see ,you dont really need a stop loss⌠because the price could not (technically and mathematically ) drop,before he stops out everyone. Only after he stops them,price can fallâŚ
Silly of me. Thanks for correcting my ignorance: of course itâs always 100% reliable and completely obvious in which direction an unexpected news spike will go. No need to bother even with a disaster-stop: after all, nobodyâs internet connection or power supply has ever dropped out for a minute. 
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Thank you for your positive replies. I will continue learn trading. it doesnât matter how long it gonna take, i know once i learned i gonna make good money.
Can you guys tell me how and where to learn strategy? right now i am learning from youtube but thereâs lot of different strategies which are not working
For sure!
The one near-certainty is that nobody who can trade with any steady success would need or want to spend their time putting videos on Youtube. Thatâs a really dreadful way to try to learn - and in forums itâs all too easy to identify the struggling traders whose education was limited to marketing sources like that. 
I strongly recommend three books.
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âProfitability & Systematic Tradingâ by Michael Harris
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âBeyond Technical Analysisâ by Tushar S. Chande
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âTrade Your Way to Financial Freedomâ by Van K. Tharp
When youâre ready, Hardeep, and are far enough along the learning curve, this post may also help you, and has certainly helped many others here -
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Iâm concerned (and to be honest most surprised!) that nobody has yet commented on this, which was - for me - the most significant part of your post.
The reason itâs so important is that it illustrates a real risk-management problem, and without addressing that first, all the rest is academic because you could have a perfect, ideal day-trading method but still not trade profitably, overall, if you can make $9,000 profit and lose it all back (even on demo). I donât mean it rudely but thatâs illustrative of gambling, not trading.
Itâs pretty clear from what youâve said above that you almost certainly have something like a position-sizing problem.
Whatever else you do, wherever else you look, whichever advice you like, I respectfully but strongly advise you to read urgently the Harris book listed above, and at least the second half of the Tharp book (you can read it out of order!). And good luck!
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I strongly recommend just watching only one chart and only on m1 time frame. The reason is simple ,its because when He collect traders to stop them and open His position by their stop loses ,he always use the same manipulation ,its just one,mathematically and technically he can not invent different manipulation to open his position,its just one. On m1 timeframe you see it everyday 2-3 times on each chart, on higher timeframes he does the same but he needs more time, the more you watch m1 ,the better you understand how he manipulates price,and after few years you will figure it out that He can do it only in one way. Wish you good luck
And by the way,forget about books or youtube videos,its waste of time ,trust me. You will figure it out eventually if you follow my advice ^ _ ^