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Documentation Index

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Execute your first intraday trade with AI guidance. Start small, learn fast. Note: Day trading is advanced and not the default for most modern retail traders. If you’re earlier in your journey (0.5–3 years, time‑constrained, social‑influenced), start with Money Monty (generalist) or Maverick (swing) workflows first, and use paper trading. ⏱️ Complete in: 20-30 minutes 📱🌐 Platform: Both 👤 Best for: Experienced day traders (use paper trading first!)

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🎯 What You’ll Learn

  • How to find day trade setups
  • Entry and exit timing
  • Risk management
  • Using AI for trade ideas
  • Closing positions same day
Important: Use Ape Paper Trading Account for your first 10-20 day trades!

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📋 Prerequisites

Before you start:
  • ✅ Have Ape Paper Trading Account (or real brokerage connected)
  • ✅ Selected Blitz companion (day trader focus; advanced)
  • ✅ Market is open (9:30 AM - 4:00 PM ET)
  • ✅ Have 30 minutes to actively monitor

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🚀 Step-by-Step Workflow

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Step 1: Find a Day Trade Setup (5 min)

Go to Chat, use Quick Prompt: Tap “Major Support and Resistance” for your ticker, or ask:
“Find me a day trade stock setup right now”
AI might respond:
“TSLA day trade setup:
  • Entry: $465-467
  • Target: $472 (+1.5%)
  • Stop loss: $462 (-0.6%)
  • Volume strong, breaking resistance
  • Risk/reward: 2.5:1”

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Step 2: Research the Stock (2 min)

Tap TSLA to open ticker page:
  • Check Snapshot Grades (want Technical A or B)
  • Check current price
  • Confirm volume is high
  • Check news (any catalyst?)
If grades look good → Continue If Technical grade D or F → Skip, ask AI for another setup

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Step 3: Plan Your Trade (3 min)

Write down (or mentally note):
  • Entry price: $465-467
  • Target price: $472
  • Stop loss: $462
  • Position size: Start small! (100 shares paper, or 10-20 shares real)
  • Max loss if stopped: ~$50 (manageable)
Risk only 1-2% of your account on first trades!

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Step 4: Execute Entry (2 min)

When price hits your entry zone ($465-467): Option A: From Chat
  • Tap “Execute Trade” button (if AI gave you a setup)
  • Review order: Buy 100 shares TSLA, Limit $466
  • Confirm
Option B: From Ticker Page
  • Ticker page → Trade button
  • Buy 100 shares, Limit $466
  • Confirm
Order placed! ✅

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Step 5: Set Stop Loss Immediately (1 min)

As soon as you’re filled:
  1. Go to Portfolio tab
  2. Find your TSLA position
  3. Set stop loss order: Sell 100 shares at $462
  4. Confirm
This protects you if trade goes wrong! Never skip this step.

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Step 6: Monitor Position (Variable)

Now you wait and watch: If stock moves toward target ($472):
  • ✅ Great! Be patient
  • Don’t get greedy, stick to plan
If stock moves toward stop ($462):
  • ⚠️ Prepare to exit
  • Stop loss will trigger automatically
If stock just chops around $465-467:
  • 😐 Normal, give it time
  • If no movement after 1-2 hours, consider exiting break-even
Check every 15-30 minutes, not every minute (avoid stress)

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Step 7: Take Profits at Target (2 min)

Stock hits $472! Target reached! Execute exit:
  1. Portfolio → Tap TSLA position
  2. Sell 100 shares, Market order (or Limit $472)
  3. Confirm
  4. Cancel your stop loss order (no longer needed)
Trade closed! ✅ Profit: Bought at 466,soldat466, sold at 472 = +$600 on 100 shares! (+1.3%)

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Step 8: Review Your Trade (5 min)

Win or lose, always review: Questions to ask:
  1. Did I follow my plan? (entry, target, stop)
  2. Was my entry price good?
  3. Did I exit too early/late?
  4. What could I improve?
  5. Was position size appropriate?
Write notes (journal):
“TSLA day trade +600.Setupwassolid,entrygood,tookprofitsattarget.Couldhaveheldfor600. Setup was solid, entry good, took profits at target. Could have held for 474 but sticking to plan is more important. Good trade.”
Learning from every trade = getting better

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💡 Key Day Trading Rules

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Rule #1: Close Everything by 4 PM

  • Day trades = same day in and out
  • Don’t hold overnight (defeats the purpose)
  • Avoid after-hours risk

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Rule #2: Use Stop Losses ALWAYS

  • Protect your downside
  • Automated exit if wrong
  • Prevents big losses

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Rule #3: Start Small

  • 10-20 shares real money
  • Or 100+ shares paper trading
  • Build confidence first

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Rule #4: Only Trade High Volume Stocks

  • Volume > 5M shares
  • Easy to enter and exit
  • Tight spreads

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Rule #5: Don’t Revenge Trade

  • Lost money? Stop for the day
  • Emotional trading = more losses
  • Come back tomorrow fresh

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⚠️ Common Mistakes (Avoid These!)

Mistake #1: No Stop Loss
  • Result: Big losses
  • Fix: ALWAYS set stop immediately after entry
Mistake #2: Holding Losers
  • Result: -1% becomes -5%, -10%
  • Fix: Cut losses fast, stop loss does this
Mistake #3: Moving Target/Stop
  • Result: “Just $2 more…” then it crashes
  • Fix: Stick to original plan, no changes mid-trade
Mistake #4: Trading Too Large
  • Result: Stress, big losses
  • Fix: Start tiny, build size slowly
Mistake #5: Trading Too Much
  • Result: Death by 1000 cuts (fees, bad trades)
  • Fix: 1-3 trades per day max when starting

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📊 Example Day Trade Results

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Winning Trade

  • Entry: NVDA @ $880
  • Exit: $888
  • Profit: +$800 on 100 shares (+0.9%)
  • Time: 1.5 hours
  • Result: ✅ Good

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Losing Trade (Stopped Out)

  • Entry: AMD @ $180
  • Stop hit: $178
  • Loss: -$200 on 100 shares (-1.1%)
  • Time: 30 minutes
  • Result: ❌ Loss, but controlled

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Break-Even Trade

  • Entry: AAPL @ $175
  • Exit: $175.10 (no movement)
  • Profit: +$10 (essentially break-even)
  • Time: 2 hours
  • Result: ⚪ Neutral, move on
Win rate goal: 50-60% winning trades Average win > Average loss = profitable over time

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🎓 Next Steps After First Trade

After 1 trade:
  • Review it
  • Rest
  • Do another tomorrow
After 10 trades:
  • Calculate win rate
  • Calculate average profit/loss
  • Identify patterns
After 50 trades:
  • You’re developing skills
  • Consider slightly larger size
  • Still paper trading? Switch to small real money
After 100 trades:
  • You’re a day trader now
  • Know what works for YOU
  • Scale up cautiously

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❓ FAQ

Q: What if I get stopped out? A: That’s why stops exist! Small loss, move on. Next trade. Q: Should I day trade every day? A: No! Only when setups are there. Some days = no trades. Q: Can I make a living day trading? A: Eventually, maybe. But takes 1-2 years to master. Start part-time. Q: How much money do I need? A: 5,000 minimum (PDT rule if <25K). But use paper trading first!

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What’s Next?

More Day Trading: Continue Learning:
Your First Day Trade = The Beginning of Your Trading Journey! Start small, learn fast, grow steady! 🚀📈