Why most day traders lose money

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  • เผยแพร่เมื่อ 4 ต.ค. 2024

ความคิดเห็น • 120

  • @MXALOVE
    @MXALOVE 11 หลายเดือนก่อน +49

    It doesn't matter whether or not you make 20 cents or 20 thousand dollars, the skill is all that matters here and when you can be profitable month over month, year over year, you win.

    • @DaytradeWarrior
      @DaytradeWarrior  11 หลายเดือนก่อน +5

      that's exactly right!

    • @Rei-m3g
      @Rei-m3g 9 หลายเดือนก่อน

      I treat it as a game .
      I wanna beat the market

  • @gigibarrett1777
    @gigibarrett1777 ปีที่แล้ว +28

    I’m so thankful i saw this… i know I definitely needed to here this … makes perfect sense ..thank you

  • @skatir9
    @skatir9 11 หลายเดือนก่อน +17

    I've been following Ross for years. My big growth came when I started taking 1-2% profits over and over, sometimes a dozen trades a week. Those $24 profits became $240 profits in six months, still taking 1-2% on each trade.

  • @JasRog1026
    @JasRog1026 ปีที่แล้ว +23

    I started a momoo acct with $1500 4 months ago, and have slowly grown it to almost 6k 😊😊

  • @gussalcedo7047
    @gussalcedo7047 ปีที่แล้ว +23

    You’re 100% right brother… you might get lucky and get 1 dollar out of the market on a random day but those .15 or .20 cent wins is where it’s at

    • @DaytradeWarrior
      @DaytradeWarrior  ปีที่แล้ว +2

      Thank you!

    • @kingdomlamb7741
      @kingdomlamb7741 7 หลายเดือนก่อน

      @@DaytradeWarriorAnother thing I can see messing up new traders such as myself is extreme fomo due to the pdt rule and missing opportunities because you can’t buy or sell on the biggest opportunity

  • @Vi.king18
    @Vi.king18 7 หลายเดือนก่อน +2

    This came out of my feed at the right time. I've been missing signals and entries. Thank you for the reminder that it's not an overnight deal.

  • @leikeze2x
    @leikeze2x ปีที่แล้ว +18

    I had so many blown accounts, and the most valuable lesson I got is just to be patient, have good risk management and scale up my account. It doesn't matter how small or big your account is, just be patient.

  • @MillieMuncher360
    @MillieMuncher360 6 หลายเดือนก่อน +3

    Don't forget that the risk/reward is multiplied equally both ways. If that $0.12 increase is $1200 profit, the the $0.12 decrease is $1200 loss. So if a small account only makes $24 on the profit then the loss is only $24 and that's where you use the information to learn and perfect your trading patterns so that some day you can get to the big leagues and not worry about the bad trades as much

  • @WinleyB
    @WinleyB 5 หลายเดือนก่อน +2

    Wise advice! Right now I’m going through changes with this perspective. And that’s the key 🤞🏼

  • @davesian1893
    @davesian1893 10 หลายเดือนก่อน +3

    Ross is the man. Been watching him for years. Love this guy. 💯 Percent right

  • @uglytv3335
    @uglytv3335 ปีที่แล้ว +17

    Don't look at your $ look at your %

    • @DaytradeWarrior
      @DaytradeWarrior  ปีที่แล้ว +1

      👍

    • @kingdomlamb7741
      @kingdomlamb7741 7 หลายเดือนก่อน +1

      Exactly if you can consistently have a green % on your account p&l and it’s 5% or more every week then you’re on track to scaling up with money in great amounts in 2 years

    • @MindfulMatters734
      @MindfulMatters734 2 หลายเดือนก่อน

      ​@@kingdomlamb7741I have some big bear ai stocks that have already doubled what I paid for them, but didn't want to get rid of it because of the potential of more gain. Now I feel I'm being greedy.😂

  • @r.arodriquez4392
    @r.arodriquez4392 9 หลายเดือนก่อน

    Thanks! you always have great advice 🙏🏾

  • @Thinktwice3x
    @Thinktwice3x 3 หลายเดือนก่อน

    this guy is on point all the time-and i listen to him everytime but i am just too hard headed- lol

  • @mabs21
    @mabs21 ปีที่แล้ว +16

    Love it.. thanks.. my goal is to make 5 cents per share with a 4K cash account. I only make 2 trades of 1000 per day. I’m practicing on my entries and exits and controlling my feelings. Consistency is the key. A couple of years then I’ll increase my size. 👍🏼is a marathon not sprint right?

  • @jorgegarcia3358
    @jorgegarcia3358 ปีที่แล้ว +4

    Im paper trading until i consistently make gains before i start playing with real money

  • @Jdawg42069
    @Jdawg42069 11 หลายเดือนก่อน +4

    Consistency is the key 🔐 I appreciate your vids Ross you continue to spread some of the most knowledgeable information on day trading out their while keeping it realistic 🤙

  • @slim_garrison
    @slim_garrison 10 หลายเดือนก่อน

    So true! Ross laying down the facts 👍

  • @theroyalfamily7819
    @theroyalfamily7819 4 หลายเดือนก่อน

    That makes great sense. Get a dollar a share profit point.

  • @ukrainianman812
    @ukrainianman812 ปีที่แล้ว +5

    You are the GOAT

  • @MaddieFishblob
    @MaddieFishblob 9 หลายเดือนก่อน +1

    Yesterday I made $12, and today I entered some losing trades and made $2 total profit. Which I actually consider a win considering it’s my first week😗 & anyways, it might be better to start out with a smaller account cuz the pressure of larger numbers could easily lead to more mistakes if you aren’t ready for it

    • @Rei-m3g
      @Rei-m3g 9 หลายเดือนก่อน

      Wow ! Amazing

    • @michaelryan3158
      @michaelryan3158 7 หลายเดือนก่อน

      If you are on warrior trading subscription do you know how to get 3 charts to of the same stock with different time tickers?

  • @brians.4403
    @brians.4403 ปีที่แล้ว +2

    Rock solid advice 💯

  • @Matt-qx3jb
    @Matt-qx3jb ปีที่แล้ว +2

    If you have a small account you need to trade on margin which is higher risk but can make for a lot of profit potential

    • @DaytradeWarrior
      @DaytradeWarrior  ปีที่แล้ว +1

      Good point Matt!

    • @kingdomlamb7741
      @kingdomlamb7741 7 หลายเดือนก่อน

      Also the instant buying power on days where you know your opportunity is at its so beneficial rather than having a good day but can’t make anymore trades because funds need to settle in 2 days

  • @Jake-xe9kt
    @Jake-xe9kt 4 หลายเดือนก่อน

    So true Ross! Thx!

  • @justinmorton1774
    @justinmorton1774 ปีที่แล้ว +4

    What you’re saying applied directly to me….. so I let my ego go…. Studied multiple trade theories from yourself and other successful traders…and now I’m averaging $600 a day….. thanks so much

    • @DaytradeWarrior
      @DaytradeWarrior  ปีที่แล้ว

      You're welcome!

    • @manij1078
      @manij1078 10 หลายเดือนก่อน

      Hi, How much are you trading with to make $600per day?

    • @justinmorton1774
      @justinmorton1774 10 หลายเดือนก่อน

      @@manij1078 roughly about a thousand shares

  • @exaltedone2799
    @exaltedone2799 5 หลายเดือนก่อน

    I have the most success when I get in and get out while it's still climbing or at the first bit of hesitancy to move higher. It's when I hold it that it goes back to even or lower.

  • @fernando3061
    @fernando3061 ปีที่แล้ว +1

    Hey Ross, so I'm super happy with 24 bucks. I mean robinhood doesn't charge fees on options so if I start with 240, which I did, and I make 24 bucks that's amazing. That's 10%. Honestly I'm happy with 5 bucks. Due to this mentality I've turned 240 into 560 in 7 days of trading. I'm pretty excited cause I just get out if things go red, I don't like the idea of fomo so it doesn't really bother me.

    • @DaytradeWarrior
      @DaytradeWarrior  ปีที่แล้ว +1

      right on!

    • @fernando3061
      @fernando3061 ปีที่แล้ว

      @@DaytradeWarrior You know what tho? I feel safe with just 1 or 2 contracts right now, slow and steady I think because I tried slightly higher lot sizes and it really changes the game especially when you're starting out. I'm going back to be a slow turtle.

  • @theroyalfamily7819
    @theroyalfamily7819 4 หลายเดือนก่อน

    Great Analogy..

  • @lewisscott2385
    @lewisscott2385 5 หลายเดือนก่อน

    Hi, I'm using trading 212 and I'm struggling to find the stocks that I can daily trade with, I'm starting small with $20 trades

  • @aidenthompson3899
    @aidenthompson3899 ปีที่แล้ว +1

    I’ve always had a problem with this so Ross, Under what conditions if any is it a good idea to hold loosing trade overnight or for a few days?

    • @DaytradeWarrior
      @DaytradeWarrior  ปีที่แล้ว

      Hey Aiden, Ross does not hold any positions overnight, especially if it's a losing position already.

    • @DaytradeWarrior
      @DaytradeWarrior  ปีที่แล้ว +1

      Personally I never hold day trades overnight, it’s not how I manage risk. I cut the loss. Yea sometimes they move higher days later but many also go lower.

  • @MickeyMekhael
    @MickeyMekhael 9 หลายเดือนก่อน

    U r the best

  • @allwedoistwin
    @allwedoistwin 8 หลายเดือนก่อน

    Thank you

  • @mikeadaml
    @mikeadaml ปีที่แล้ว

    Thank you Ross

  • @blakehorton6306
    @blakehorton6306 5 หลายเดือนก่อน

    Here’s the thing, it’s easy to be happy with a 5% profit on a 100k account. It’s a lot harder to be happy with a 5% profit on a 500 dollar account. It’s easier to take a “small” profit at a higher account than it is at a small account.

    • @1gregmoreira
      @1gregmoreira 3 หลายเดือนก่อน +1

      Of course. But that doesn’t mean that you should be breaking rules
      If a 50 percent gain was plausible or even possible with every trade… then the professionals would be aiming for these gigantic gains as well.
      But they don’t because it’s very unlikely. So you should assume it is unlikely for you as well and instead trade in a sustainable way
      As you get better and better at recognizing opportunities and spotting trends etc… it’s inevitable that here and there you will jump into a trade that does in fact net you a larger win. But you can’t force them.

  • @barbaramancini366
    @barbaramancini366 ปีที่แล้ว

    Holy mey. Nail on head. Thx again

  • @Duckhunterbyu
    @Duckhunterbyu 9 หลายเดือนก่อน

    💯

  • @bryan77727
    @bryan77727 ปีที่แล้ว

    Very good ross

  • @don-jp2rs
    @don-jp2rs 9 หลายเดือนก่อน

    do u offer some metershop program ?
    I only trade stocks on Interactive Brokers

    • @DaytradeWarrior
      @DaytradeWarrior  9 หลายเดือนก่อน

      You can check out our Warrior Pro program contents here: www.warriortrading.com/trading-courses/ Feel free to reach out to our team at team@warriortrading.com with any questions!

  • @Imhimdogg
    @Imhimdogg ปีที่แล้ว

    I love to gamble I’ll invest long term when I’m up 100k. Saw a play for 10c almost bought 24k shares but in two hours it went to 90c so I’m bummed

  • @Cebudude
    @Cebudude ปีที่แล้ว

    Your right on multiple levels , wish i could afford To adavngage my Self but cant afford that at rhis time ? You should raffle a free scholarship

    • @DaytradeWarrior
      @DaytradeWarrior  ปีที่แล้ว +1

      thank you! I don't have any plans for a raffle right now but will let you know if that changes

    • @Cebudude
      @Cebudude ปีที่แล้ว +1

      @@DaytradeWarrior cool

  • @AlexanderJaney
    @AlexanderJaney 6 หลายเดือนก่อน

    Idc what that price is as long it is 20% gain. I take out 10% loss

  • @Beach-day-76
    @Beach-day-76 8 หลายเดือนก่อน

    Start small you have time too grow

  • @belbahrimourad3179
    @belbahrimourad3179 ปีที่แล้ว +4

    I'm trying with 40% per day 🤣🤣

    • @DaytradeWarrior
      @DaytradeWarrior  ปีที่แล้ว

      Keep at it!

    • @vnlilman
      @vnlilman ปีที่แล้ว +1

      I'm tryna turn $100 into $10,000

  • @banginzaza
    @banginzaza ปีที่แล้ว

    Now I see why stock trader are asking Forex Prop Firms do they have stocks. Lol

  • @mikemovila7732
    @mikemovila7732 11 หลายเดือนก่อน

    When I saw the video on your biggest loss on your birthday I realized trading is one of the most difficult things you do. I believe you should start telling people that first

  • @crazy-maxedout8512
    @crazy-maxedout8512 11 หลายเดือนก่อน

    Why not just trade Forex?

  • @rayb3000
    @rayb3000 10 หลายเดือนก่อน

    Anybody else make sense of this?

  • @tronghungdao251
    @tronghungdao251 11 หลายเดือนก่อน

    ❤❤❤😅😅😅

  • @MaxMax-uu3bs
    @MaxMax-uu3bs 9 หลายเดือนก่อน

    I’ll take 24 bucks and make it $48 tomorrow. Take your time you have a new stock every day. Just chill take 1-2 trades a day and double your profits every day without blowing up your account. You have time just chill

    • @DaytradeWarrior
      @DaytradeWarrior  9 หลายเดือนก่อน

      All about steady growth, keep it up.

  • @AlbertoGonzalez-tc2ju
    @AlbertoGonzalez-tc2ju ปีที่แล้ว +1

    🤔

  • @mishaluna163
    @mishaluna163 ปีที่แล้ว

    How did you know about the conversation I was having with myself today?!

  • @cbane
    @cbane ปีที่แล้ว

    What the degens hear: "so you should Yolo otm 0tde options to finally catch your break"

  • @Martyr217
    @Martyr217 ปีที่แล้ว

    I just look at percentages and not dollars.

  • @Exzal123
    @Exzal123 ปีที่แล้ว

    that's it

  • @lbz_2k732
    @lbz_2k732 ปีที่แล้ว +1

    Because they are not you. Lol

  • @Darionix
    @Darionix ปีที่แล้ว

    33

  • @bryan77727
    @bryan77727 ปีที่แล้ว

    Ross

  • @Cryptowski
    @Cryptowski 9 หลายเดือนก่อน

    + = +!

  • @awwudi
    @awwudi 10 หลายเดือนก่อน

    Im cheap 5 dollars or 5k im cheap. Im still making more then your average bank at 5 dollars just sitting there😂

  • @smeshnoymatvey2054
    @smeshnoymatvey2054 ปีที่แล้ว

    No evidence that you trade 6-figure account.

    • @DaytradeWarrior
      @DaytradeWarrior  ปีที่แล้ว +2

      Ross’s broker statements are available at warriortrading.com. You can view them anytime…www.warriortrading.com/verified-earnings-2023/

    • @donaldlyons17
      @donaldlyons17 9 หลายเดือนก่อน

      Well but even so if he has a 10K account and gets 1 to 2% he can stil end up with $100 to $200 dollars...

  • @ricklorion
    @ricklorion ปีที่แล้ว

    Thank you

  • @Jshaw101
    @Jshaw101 ปีที่แล้ว

    Thank you