Need advice!
Hello I have been trading for a 9 months now & I seen profits but more losses than profits I am thinking I need to go back & see what I am missing in my knowledge.
ex: FVG volume profile support & resistance order blocks supply & demand zones I have watched videos on all of it but it seems like I am still not getting them I currently trade prop firms ES & NQ and options trading SPY & QQQ in Robinhood & interactive broker.
I have Trading view premium with lux algo ultimate plan (indicators for price action concepts & signal & overlays) as well I have just recently purchased quant data but it seems to me I have all the tools in my hand but I am not using them properly.
My daily routine around 7:30am I go on investopedia to see the stocks market published summary I then go on trading view to see what happened over night in my 5 min and 15 min chart to see if there is any bullish or bearish divergence that happens over night I usually wait till 9am before I go into any trade to see what is happening and when I see its is coming down or up to a certain price or level I go to my Robinhood account and go in for a call or put depends on what I am understanding the markets direction is for that day. ES for SPY and NQ for QQQ. I have noticed my Thursday’s are my most consistent loses and Tuesday was 2nd most consistent day that I lose my schedule and routing are all the same Mon-Friday but I am not sure what I am doing wrong.
Ex: last thursday September 4th I saw there was not good news on job growth or something like that I do not remember exactly what has come out but that day ES did not go down at all it just kept going up I asked chat GPT & google AI what was my reasoning for being wrong on my direction & was told just because it is bad news for job growth that doesn’t necessarily mean the market will react the way as well on the same day if job growth is bad that is good for stock market because then interest rate cuts will more certain driving up the stock market & Friday sept 5th came around 9 am I went in for a put because I knew it was over bought and made my money back that I lost on Thursday. Same thing happened this week Thursday 11th I knew it was happening again with another CPI news that came out not looking too well so I waited for price to keep jumping up and went in for a put that expires Friday because I had a “gut feeling” Friday sept 12th it will do the same thing but Friday came around and it held for most of the day & I ended up taking a lose which is my fault for assuming Friday would’ve been a drop. I do 0dte 1dte options due to cheap value and since I technically day trade I don’t hold anything over night unless if there are exceptions in this case I thought this was an exception to my rule of holding over night & of course end of day Friday it started dropping lol but my question is I am obviously still not good at this & I want to go back and see where are the holes in my knowledge because I know they are there so where should I seek good knowledge or education any YouTube recommendations plate forms etc?? Please and thank you!
Posted Sep 13, 2025, 10:41 PM UTC