Great video!! Thanks for sharing! Quick question, on the ACB example you mentioned the stacking of the sellers at 16.51 but you didn’t sell. Can you elaborate your thought process of seeing that stacking but holding through it? I really appreciate all of the content!
Thank you so much. This whole market has become my obsession over the last 8mnths that I finally got into after years of debating..I'm going for consistency over huge lumps.if I do make massive gains cool, but I'd rather be consistent and.steadiky grow
I’ve watched pretty much every Ross video for the last several months but I stumbled upon this one and holy, this is a whole different level of instruction. Thanks for putting this on your “favorite videos” playlist Ross 👊🏼
This is incredibly hard to execute but is trading perfection fine tuned over years and years of practice. Your ability to teach is second-to-none. Great lesson!
I honestly can’t believe you shared this without charging. This was gold for me. So many pieces of information came together for me just within the first 13 minutes (yes I’m really that bad at this).
@@DaytradeWarrior great vid. having trouble finding charting sofware that refreshes fast enough for scalping. my tc2000 is once a second. do you have any sugestions?
Hey Ross I'm highly thankful for your help. I'm from Germany and startet trading a week ago. I'm in a simular position you were when you startet trading. I got into trading without knowledge and took a huge loss. Then i found you and your tipps. I start to understand the Candlesticks, when and where to buy or sell and i thank you for that. I dont have much money but i got my rules to go with like you trained me and i hope to get steady progress and to get more accurate. Again thank you.
Well, BIB Cryptocurrency Exchange is hitting a new milestone. They will be having their Initial Exchange Offering their own exchange platform and will be selling 1Billion tokens (200,000USD value) Don't miss it 😄
Hey Ross, I blindly traded a $150 account down to $7, and then thought, maybe I should learn about the stock market before I trade anymore. Anyways, after hours and hours of studying and watching videos and learning about charts and patterns and everything else (mostly your videos) I have now turned that $7 into almost $45 in just about a month and a half. Thank you for your content. I am going to take your class, I just can't right now because of work. But, thanks for your information that you provide!
What an amazing video! Wow! I never realized that you sell on the ASK with an offset! I've been placing my sell orders on the bid, thus killing my P&L when spreads are larger and position size is larger. I left sooo much money on the table selling this way! Thank you so much Ross! Amazing video!
Good morning Sir, wow thanks so much, i have learned too much by watching your video, i am from Kenya (Africa), i wish i watched longtime before, i don't know how to trades, but by watching your videos i will start trading. Am continues learning from you, when i am ready, i will start.. May our Lord continue blessings you so much
Hey! i hope ill be like you some day, im pretty sure i can do it, im almost 2 years into day trading and ive taught myself so much and seeing your videos confirms ive been right this whole time with alot of my chart predictions, idk how but anyway its great to watch your videos i inspire to be like you for real and im 100% commited
I did it; I timed my exits and entries perfectly! It took three years! I get it now, but I bought only tops for about a year, that made me a natural at shorting!!❤
the small account example was amazing, I enjoyed that one the most, because it speak to me the most as a small account trader (a nicer way to say beginner trader lol)
Thank you so much for all of your content and time investment. It truly hits home on all levels. These lifestyle sales men had me all over the place and they will always teach you just enough to lose your money and never provide all of the proper info of pairings of indicators. I’m currently recovering from large losses and will be joining the Warrior squad the very moment I have the funds together. I cannot wait and appreciate the free content in the meantime. You are a massive breath of fresh air in this community and your work will not fall short on me
@@DaytradeWarrior see you in a couple of weeks. I’m a few trades away and cannot wait. Thanks again for the CALM and COLLECTED share of info. Breath of fresh air in this vertical
You should make a video on when entries don’t go well and when to cut trades rather than only showing winning trades. There’s a lot of false breakouts that occur while trading especially in todays market.
I’ve been getting beat up the last two weeks by not exiting my trades & by entering trades too early. If I’d just stick to my strategy I’d be up probably 1000 percent in the last month. Anyway, your story about your beginning of your trading journey & your passion for trading inspired me not to give up. I just need to be more disciplined and stick to my strategy. Thanks for all you do Ross! I appreciate your passion and dedication and all the knowledge you share w us!
My biggest struggle was/is ROMO. I learned from one other your other videos that's what it's called. I've been watching your videos along with others and reading book for a few years. I've now been able to quit my retail job this year and trade full time.
Hi, I''m learning to trade for 3 years now and have no idea what I'm doing. Thank you for doing this! I can't afford the course now but I'm learning so much from you! THANKS!
Your knowledge has been so so so useful to a new trader looking to soak as much info as possible before dipping my hand into the market! Thanks lots Ross
Whata great quality video. I’m hooked. I stopped it few times to make sure I grasp everything slowly. Then went back looked at few charts and it all made sense.
Love the content brother! I bet I rewound 20 times. It's pretty late to so my eyes are heavy. Your such a good person I just enjoy all your interactions and instructing. I have much to learn still but I find repeated exposure to different views has been the best for me to grow. Love your content brother ❤️ 😊
Hi Ross, I waited 6 months for this video. I didn't think it would be entrys and exits, what a pleasant surprise. I'll study this tutorial everyday for the next month. Thank you Warrior Trading!
I saved this video for watching later and it's been there for along time until I watched it today .. big thanks I really appreciate you trying to help because it did help me a lot
Great video, Ross! One thing that I struggle with is determining if a chart is 'too extended'. For example, during your morning show, I may see a stock starting to form a nice 1 minute pattern but then you mention that the 5 min chart is 'too extended'. What is your definition of 'too extended'? Do you base it off the 9ma, 20ma, vwap, or all? If you see a nice pattern forming, would you hesitate to take the trade if you believe it's too extended?
Hey Brad, it is typically a combination of a few factors. There is no one indicator that Ross uses. A good rule of thumb that Ross uses is to focus on the first 2-3 breakout setups, after that the likelihood of the breakout working is lower.
When the stock becomes too extended you will start noticing that the pullbacks are not as deep as they become shallower and choppier when nearing a reversal. I recommend using the 4+ the 8ema (5min.) , wait for the stock to close below the 8 or you could wait for the crossover. Once the 8 crosses over the 4ema, its usually a good indication of a pull back. If you look for shallower dips and watch those moving averages-both should help you gauge if ready to pullback/reverse. Those are my favs. Im just trying to give back ;) I hope it helps!
Thank you and I appreciate that you take the time to help other pple learn I have been trying to learn off and on for 2-3 years now and you really have been essential to closing the gaps for me ❤
Gotta say, just started watching your videos... been a while now been and have been learning so much and getting better in my simulator and feel more confident the more I study. I will definitely look into enrolling into WT Pro in the near future. Great content.
Thanks Ross Your info of trading the price jump has changed my trading and I started trading that way just yesterday and things have changed, I finally seen a profit.. thanks for sharing your knowledge and information. Mark
I would enjoy joining your course, but unfortunately ,I'm strapped for the time being Sir. Thankfully, your an awesome teacher, I will join . See ya soon :) .
Check out our Big Holiday Sale at Warrior Trading! Save 40% off Memberships or Trading Courses with code TRADE2023: www.warriortrading.com/memberships/
Ross, your willingness to share your knowledge is admirable. Can't put into words how much you have helped me. Just want to say thank you bro. I wish I had the $ to take your course.
I so wish I had found you before I bought a subscription to another platform! I learned more from this one video about entry/exit than I've learned there in the last three months. What you said at ~1:00:00 about the disconnect between high level and specifics is EXACTLY what I'm feeling from them. Guess I'll try to pinch some more pennies to get your program.
Hey Ross, if the market makers are hunting your stop loss, why don't you just get them to hunt your stop and bring the price down over and over again, I wonder how low they will go over and over again just to hit your stop... You should just have a huge short position (through another broker), and then have the market maker chase your stops, over and over again, then after they keep going lower and lower, chasing stop after stop, you get the price low enough to cover your huge short position you created in your other account
You’ve 100% changed my mindset on stock trading. I’m brand new to this an had a risky mindset to it now that you’ve explained it. I hope to take your techniques to practice. Hopefully changing my day trading success.
When i first started to day trade, i instinctively knew NOT to set stop-loss limits even though all the teachers, books, and channels advised me to do so "to mitigate risk". Which is understandable for beginners or those who lack basic insight, but for me mitigating risk _meant_ NOT setting up those stop-losses. It relieves me of anxiety (and gladdens my heart) to hear that you, as a professional, support this practice in your own trading.
not having a stop loss puts you in the position to be tempted to hold losers for too long and also if there comes just some super unforeseen flush down that you can't possible predict then even being a half second too late on the exit button can mean a way bigger loss than if you had a stop loss set. just dont set the stop loss too tight, give the trade breating room but also set clear rules. that works for me best. after all, we must all find our strategy, not copying a certain one. as we are all different personalities, so are the strategies fitting certain personalities better than others.
Hey Ross, love all your content. Has helped me a ton. I have been practicing in the simulator on Webull for 6 months. I manage risk fairly well at the moment. I average 7% daily when I trade in profit. 2% loss max on red days. I want to start with trading $100. I know I will not get a lot of practice only with 3 trades a week. Would you do this on TD Ameritrade, Webull, or Robinhood? I want to build up to a few thousand over the next year while I am still practicing before moving to a better trading system.
Hey Logan, Thank you! As you know the United States has what's called the Pattern Day Trader (PDT) Rule. That means you need a minimum of $25,000 cash balance in your broker account in order to day trade more than 3x in a 5 day period. Since most traders take 3-5 trades per day, they are considered Pattern Day Traders. You can see some examples and in-depth explanation here: www.warriortrading.com/pattern-day-trader-rule/ and here th-cam.com/video/CDPxDCMHM10/w-d-xo.html Many of our new students don't have $25k. You can open a brokerage with as little as $500 at some places. Offshore brokerage CME Group is one of these brokers. TradeZero (non-U.S. students only, not eligible for Canadian students) requires a minimum of $1,000 to qualify for our rebate program ( www.warriortrading.com/tradezero-broker-rebate-program/ ) and Lightspeed requires $25,000 ( www.warriortrading.com/lightspeed-broker-rebate-program/ ). And of course, you have the option of a cash account at a US brokerage! Here's a helpful place to go to explore your options further: www.warriortrading.com/how-to-day-trade-without-25k/ I hope that makes more sense!
Nice vid, thank you. I also use an Anchored VWAP from the tops, when I see the candle closes above the AVWAP I know that the pullback is probably done, and I can take an entry
Ross, I am just learning to trade and your videos are by far the best of anybody's out there. You have excellent communication skills. So thank you for your willingness to spend so much of your time and effort to share your knowledge (vary rare attribute in today's culture )! I do have a question. You mention looking for "good quality" setups before taking a trade. What are all of the factors you consider to make this determination about a stock? Do have another video on this?
I think re-watching this video the 20th time was actually worth it. Not only I got lucky but by able to spot the pattern and go in early made me a lot today (e.g. YELL) I felt a lot of weakness in SNMP and somehow I almost got into it. I still need a lot of learning.
Great video!! Thanks for sharing! Quick question, on the ACB example you mentioned the stacking of the sellers at 16.51 but you didn’t sell. Can you elaborate your thought process of seeing that stacking but holding through it? I really appreciate all of the content!
If you haven't had a chance to attend yet, one of the best ways to learn more on this would be to join us in the next Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
Thank you so much for teaching the timing and exits, trading psychology and scalping. You show quite the discipline with entries and exits. After quietly watching and trying to day trade under restrictions, I was one of the 90%. Time will tell if I'm the 10% but I'll start with 1 week of green. I am not under day trade restrictions but trading "scared" not wanting to lose my day trade cash reserves (loan). I find it easier to exit a stock after 5-10 cent gains knowing I can rebuy when the setup is right. The bonus is when level 2 is still green and I can hold longer.
Thank you very much Ross for sharing your expertise. Thank you for helping me/ us the new traders. I'm pretty sure that your dad is looking at you now and is very proud of you.
Hey Ross, I know that you receive numerous requests for more instructional videos on how to day trade. I'm wondering if it isn't too much could you please recommend to a beginning day trader computers, monitors and possibly a solid internet provider? I know that you have already done one several years ago, I'm wondering if there is anything new that you would recommend. Thanks Ross. Your patience has to be legendary!
Hey Micheal, You can learn more about choosing the right computer and setting up your workstation in these 4 helpful blog posts: 1. www.warriortrading.com/day-trading-computer/ 2.www.warriortrading.com/day-trading-laptop/ 3. www.warriortrading.com/3-tips-for-buying-your-first-trading-computer/ 4. www.warriortrading.com/multi-monitor-day-trading-work-station/ 5. Link to popular hdmi to usb connector: www.amazon.com/USB-Dual-HDMI-Adapter-External/dp/B0725K1MHH/ref=sr_1_1?dchild=1&keywords=2+hdmi+to+usb&qid=1623263940&s=electronics&sr=1-1 You can check out these videos for more info as well: Setting up a simple trading station: th-cam.com/video/1VPQURM9C3g/w-d-xo.html Traveling trade station: th-cam.com/video/7_U5bDa3T1g/w-d-xo.html Roberto's Modern Trade station: th-cam.com/video/IDur9IRTrpg/w-d-xo.html Mike's Trade Station: th-cam.com/video/jAI7I8degv0/w-d-xo.html Ross's New trade station: th-cam.com/video/9TLIfJtJI0g/w-d-xo.html
Ross's indicators are: 9 EMA Gray (5 minute and daily charts), 20 EMA Blue (all time frames), 50 EMA Red (daily chart only), 200 EMA Purple (5 minute and daily chart), VWAP Orange (1 minute charts)
Hey @Ross, it's been a while... you got me going back in 2020... slow down on day trading.... learned alot... I'll be back around sept... the kids go back to school.
Watching again....even better! Warriors?, the order of columns in the scanners is critical, or at least a quick read left to right so as to make what we hope to be reflex/ muscle memory decisions eventually?
Get the free class downloads here: warrior.app/free-gifts-entry-exit-class
Should I go all in on XELA at .35c per share? Seems like a good buy. Thoughts? 10k usd
@@natiasamuels4170
Gotta be up for premarket
Great video!! Thanks for sharing! Quick question, on the ACB example you mentioned the stacking of the sellers at 16.51 but you didn’t sell. Can you elaborate your thought process of seeing that stacking but holding through it? I really appreciate all of the content!
Thank you so much. This whole market has become my obsession over the last 8mnths that I finally got into after years of debating..I'm going for consistency over huge lumps.if I do make massive gains cool, but I'd rather be consistent and.steadiky grow
Could I start 20 dollar in trading?
This man is the godfather of momentum trading. Thank you Ross corleon
You're welcome Jaydon!
Could I also join rose,s trading? and how could I join with it?
Ross Corleon 😂😂😂😂🔥
I’ve watched pretty much every Ross video for the last several months but I stumbled upon this one and holy, this is a whole different level of instruction. Thanks for putting this on your “favorite videos” playlist Ross 👊🏼
Glad you enjoyed it!
You are super amazing and your teaching skills is uncommon.... thank you for doing this for us❤
This is incredibly hard to execute but is trading perfection fine tuned over years and years of practice. Your ability to teach is second-to-none. Great lesson!
To each their own, all about finding what works for you.
Ross ,when you buy at the Ask is the same as buy on Market?
TY
@@chanhtreykeo6801I'm not Ross, no it's not the same
I honestly can’t believe you shared this without charging. This was gold for me. So many pieces of information came together for me just within the first 13 minutes (yes I’m really that bad at this).
Thanks for watching!
Yeah, this stuff is gold.
Yup one of the best pieces of advice I give people is get in on pullbacks is a great foundation to start
Clark is the type does want others in the game.
What is Clark R. Doing on the platform.
I struggle with holding too long. I'm working on getting better at exiting this helped me a lot.
The best trading execution video I have ever seen....What an excellent teacher you are Ross! Thank you so much!
You're welcome Brian!
@@DaytradeWarrior great vid. having trouble finding charting sofware that refreshes fast enough for scalping. my tc2000 is once a second. do you have any sugestions?
This dude is legit. How he teaches, It just clicks.
Hey Ross
I'm highly thankful for your help.
I'm from Germany and startet trading a week ago.
I'm in a simular position you were when you startet trading.
I got into trading without knowledge and took a huge loss.
Then i found you and your tipps.
I start to understand the Candlesticks, when and where to buy or sell and i thank you for that.
I dont have much money but i got my rules to go with like you trained me and i hope to get steady progress and to get more accurate.
Again thank you.
Good luck German bro! prost!
This is easily the most valuable video Ross ever released. It validated some things I’ve been doing and also filled in some holes.
Thanks Max!
Well, BIB Cryptocurrency Exchange is hitting a new milestone. They will be having their Initial Exchange Offering their own exchange platform and will be selling 1Billion tokens (200,000USD value) Don't miss it 😄
Fill in the gap?
Hey Ross, I blindly traded a $150 account down to $7, and then thought, maybe I should learn about the stock market before I trade anymore. Anyways, after hours and hours of studying and watching videos and learning about charts and patterns and everything else (mostly your videos) I have now turned that $7 into almost $45 in just about a month and a half. Thank you for your content. I am going to take your class, I just can't right now because of work. But, thanks for your information that you provide!
Sorry to hear that, glad you are looking to learn more about trading!
What an amazing video! Wow! I never realized that you sell on the ASK with an offset! I've been placing my sell orders on the bid, thus killing my P&L when spreads are larger and position size is larger. I left sooo much money on the table selling this way! Thank you so much Ross! Amazing video!
You're welcome!
Good morning Sir, wow thanks so much, i have learned too much by watching your video, i am from Kenya (Africa), i wish i watched longtime before, i don't know how to trades, but by watching your videos i will start trading. Am continues learning from you, when i am ready, i will start.. May our Lord continue blessings you so much
Hey! i hope ill be like you some day, im pretty sure i can do it, im almost 2 years into day trading and ive taught myself so much and seeing your videos confirms ive been right this whole time with alot of my chart predictions, idk how but anyway its great to watch your videos i inspire to be like you for real and im 100% commited
👍🤓
I did it; I timed my exits and entries perfectly! It took three years! I get it now, but I bought only tops for about a year, that made me a natural at shorting!!❤
the small account example was amazing, I enjoyed that one the most, because it speak to me the most as a small account trader (a nicer way to say beginner trader lol)
Thanks Frank!
ich liebe seine eindrücke es ist einfach alles so nachvollziehbar 🙏
Thank you so much for all of your content and time investment. It truly hits home on all levels. These lifestyle sales men had me all over the place and they will always teach you just enough to lose your money and never provide all of the proper info of pairings of indicators. I’m currently recovering from large losses and will be joining the Warrior squad the very moment I have the funds together. I cannot wait and appreciate the free content in the meantime. You are a massive breath of fresh air in this community and your work will not fall short on me
Thanks Adam I appreciate you
@@DaytradeWarrior see you in a couple of weeks. I’m a few trades away and cannot wait. Thanks again for the CALM and COLLECTED share of info. Breath of fresh air in this vertical
You should make a video on when entries don’t go well and when to cut trades rather than only showing winning trades. There’s a lot of false breakouts that occur while trading especially in todays market.
Thanks for the suggestion!
I’ve been getting beat up the last two weeks by not exiting my trades & by entering trades too early. If I’d just stick to my strategy I’d be up probably 1000 percent in the last month. Anyway, your story about your beginning of your trading journey & your passion for trading inspired me not to give up. I just need to be more disciplined and stick to my strategy. Thanks for all you do Ross! I appreciate your passion and dedication and all the knowledge you share w us!
Bummer, keep working at it!
I love you, dude. You have opened my eyes to a potential new way of life. It is exhilarating.
This lesson is mind blowingly good, life changing!
Thank you!
56:08 This was more exciting than any sport out there. The sport of trading! Excellent lesson and authentic, no gimmicks or forced hype.
👍🤓
My biggest struggle was/is ROMO. I learned from one other your other videos that's what it's called. I've been watching your videos along with others and reading book for a few years. I've now been able to quit my retail job this year and trade full time.
Thanks for sharing!!
What is Romo? Fomo?
@@derpamine Regreat Of Missing Out
Hi, I''m learning to trade for 3 years now and have no idea what I'm doing. Thank you for doing this! I can't afford the course now but I'm learning so much from you! THANKS!
Thanks Andy!!
You're an unbelievable trader and teacher. Priceless videos. Thank you.
Our pleasure!
Learned alot. Thanks . There is just so much stuff to take in...
Now i know how much i DO NOT know. Thanks again.
You're welcome Jure!
Your knowledge has been so so so useful to a new trader looking to soak as much info as possible before dipping my hand into the market! Thanks lots Ross
Thanks Yeeuoi, happy to help.
The best man who explain exact how to...
Thank you!
Whata great quality video. I’m hooked. I stopped it few times to make sure I grasp everything slowly. Then went back looked at few charts and it all made sense.
Thanks for watching!
about time someone clarify pending order examples !
Excellent tutorial !
Thank you!
It's amazing Ross! No one teaches like you, believe me. Have been to a couple. Thank you!
Thanks for the thoughts!
Really appreciate the free videos… you're a good teacher and I really appreciate the Quality information
Thank you so much!!
Thank you for what you do for the community Ross.
You're welcome!
It can be argued your doing gods work. Thanks for all the help.
You're welcome Hunter!
Love the content brother! I bet I rewound 20 times. It's pretty late to so my eyes are heavy. Your such a good person I just enjoy all your interactions and instructing. I have much to learn still but I find repeated exposure to different views has been the best for me to grow. Love your content brother ❤️ 😊
Thank you Charles!
Russ is absolutely a top committed teacher
🙌❤
PLX looked really good today but I missed the early entry. I was disciplined and didn't jump in on the fomo ...so that was a good thing 😁
👍
Thank you for doing this. I continue to watch over and over to learn- it's great information.
Thanks for watching!
Hi Ross,
I waited 6 months for this video. I didn't think it would be entrys and exits, what a pleasant surprise.
I'll study this tutorial everyday for the next month.
Thank you Warrior Trading!
You're welcome!
Hi Ross, thank you for donating to Ukraine! My family members are there and I really appreciate it, thank you!!!
Ross u r really good trader and teacher too, we learn lot and thanks for the great video. thanks.
You're welcome!
I like your ways of teaching Ross, I'm from Rwanda, also new in trading but I'm hoping to gain some knowledge from you
Thanks Ross. Great presentation. I learnt a lot and listening to you gave me a lot of courage to go for scalping.
Glad it was helpful!
GREAT Class! love it 😍 thanks!!
Thank You Ross! Your teaching style is fabulous, thank you for the free education.
Thanks for the thoughts!
It usually takes a while but he actually does respond to every comment 😅
Thank you, that’s right I do!
Excellent lesson as always. Thank you!
You're welcome!
I saved this video for watching later and it's been there for along time until I watched it today .. big thanks I really appreciate you trying to help because it did help me a lot
Great to hear!
Great video, Ross! One thing that I struggle with is determining if a chart is 'too extended'. For example, during your morning show, I may see a stock starting to form a nice 1 minute pattern but then you mention that the 5 min chart is 'too extended'. What is your definition of 'too extended'? Do you base it off the 9ma, 20ma, vwap, or all? If you see a nice pattern forming, would you hesitate to take the trade if you believe it's too extended?
Hey Brad, it is typically a combination of a few factors. There is no one indicator that Ross uses. A good rule of thumb that Ross uses is to focus on the first 2-3 breakout setups, after that the likelihood of the breakout working is lower.
When the stock becomes too extended you will start noticing that the pullbacks are not as deep as they become shallower and choppier when nearing a reversal. I recommend using the 4+ the 8ema (5min.) , wait for the stock to close below the 8 or you could wait for the crossover. Once the 8 crosses over the 4ema, its usually a good indication of a pull back. If you look for shallower dips and watch those moving averages-both should help you gauge if ready to pullback/reverse. Those are my favs. Im just trying to give back ;) I hope it helps!
@@kristen7578 Thank you!
Thank you and I appreciate that you take the time to help other pple learn I have been trying to learn off and on for 2-3 years now and you really have been essential to closing the gaps for me ❤
Great video Ross your teaching skills are superb really appreciate your work many thanks
You're welcome!
Hey Ross. You have helped me become a profitable trader. Thank you.
You're welcome Markovan!
Gotta say, just started watching your videos... been a while now been and have been learning so much and getting better in my simulator and feel more confident the more I study. I will definitely look into enrolling into WT Pro in the near future. Great content.
Glad to hear it, look forward to that!
What do you use for a simulator?
Love to know what simulator your using
Thanks Ross
Your info of trading the price jump has changed my trading and I started trading that way just yesterday and things have changed, I finally seen a profit.. thanks for sharing your knowledge and information.
Mark
I love your videos, Ross! I've learned a lot over the last year. Will you do a video on trading psychology?
👍🤓
Thanks Ross, missed the live. glad i could still learn on the replay
You're welcome!
Wow u in the office, theres a first. Im doin very good, its thanks to you, you have been tremendous for me in this difficult times. Thanks again.
I would enjoy joining your course, but unfortunately ,I'm strapped for the time being Sir. Thankfully, your an awesome teacher, I will join . See ya soon :) .
Check out our Big Holiday Sale at Warrior Trading! Save 40% off Memberships or Trading Courses with code TRADE2023: www.warriortrading.com/memberships/
your are the best mate ,,,Have not stopprd watchhing you but need to talk to you in private am dying...
Thanks for watching!
Ross, your willingness to share your knowledge is admirable. Can't put into words how much you have helped me. Just want to say thank you bro. I wish I had the $ to take your course.
We appreciate the thoughts! Thanks for watching!
I so wish I had found you before I bought a subscription to another platform! I learned more from this one video about entry/exit than I've learned there in the last three months. What you said at ~1:00:00 about the disconnect between high level and specifics is EXACTLY what I'm feeling from them. Guess I'll try to pinch some more pennies to get your program.
Hey Ross, if the market makers are hunting your stop loss, why don't you just get them to hunt your stop and bring the price down over and over again, I wonder how low they will go over and over again just to hit your stop...
You should just have a huge short position (through another broker), and then have the market maker chase your stops, over and over again, then after they keep going lower and lower, chasing stop after stop, you get the price low enough to cover your huge short position you created in your other account
Russ you are an awesome teacher. Thank you for your effort for us.
You’ve 100% changed my mindset on stock trading. I’m brand new to this an had a risky mindset to it now that you’ve explained it. I hope to take your techniques to practice. Hopefully changing my day trading success.
👍🤓
When i first started to day trade, i instinctively knew NOT to set stop-loss limits even though all the teachers, books, and channels advised me to do so "to mitigate risk". Which is understandable for beginners or those who lack basic insight, but for me mitigating risk _meant_ NOT setting up those stop-losses. It relieves me of anxiety (and gladdens my heart) to hear that you, as a professional, support this practice in your own trading.
not having a stop loss puts you in the position to be tempted to hold losers for too long and also if there comes just some super unforeseen flush down that you can't possible predict then even being a half second too late on the exit button can mean a way bigger loss than if you had a stop loss set.
just dont set the stop loss too tight, give the trade breating room but also set clear rules.
that works for me best.
after all, we must all find our strategy, not copying a certain one.
as we are all different personalities, so are the strategies fitting certain personalities better than others.
@@th3orist Actually, with more experience under my belt, I can definitely admit that YOU Sir are right as well as correct.
@@joeygarza9550 I am glad to hear man, thank you. Cheers to you
Hey Ross, love all your content. Has helped me a ton. I have been practicing in the simulator on Webull for 6 months. I manage risk fairly well at the moment. I average 7% daily when I trade in profit. 2% loss max on red days. I want to start with trading $100. I know I will not get a lot of practice only with 3 trades a week. Would you do this on TD Ameritrade, Webull, or Robinhood? I want to build up to a few thousand over the next year while I am still practicing before moving to a better trading system.
Hey Logan, Thank you! As you know the United States has what's called the Pattern Day Trader (PDT) Rule. That means you need a minimum of $25,000 cash balance in your broker account in order to day trade more than 3x in a 5 day period. Since most traders take 3-5 trades per day, they are considered Pattern Day Traders. You can see some examples and in-depth explanation here: www.warriortrading.com/pattern-day-trader-rule/ and here th-cam.com/video/CDPxDCMHM10/w-d-xo.html
Many of our new students don't have $25k. You can open a brokerage with as little as $500 at some places. Offshore brokerage CME Group is one of these brokers. TradeZero (non-U.S. students only, not eligible for Canadian students) requires a minimum of $1,000 to qualify for our rebate program ( www.warriortrading.com/tradezero-broker-rebate-program/ ) and Lightspeed requires $25,000 ( www.warriortrading.com/lightspeed-broker-rebate-program/ ). And of course, you have the option of a cash account at a US brokerage! Here's a helpful place to go to explore your options further: www.warriortrading.com/how-to-day-trade-without-25k/
I hope that makes more sense!
this video is amazing! very well spoken and knowledgeable
Thanks Jonathan!
I laughed out loud when you said "dip trading is not the place to start." Oh man if I only could have known. -Thanks for the vid.
You're welcome! 👍😂
Nice vid, thank you. I also use an Anchored VWAP from the tops, when I see the candle closes above the AVWAP I know that the pullback is probably done, and I can take an entry
This was helpful , thanks !!
Thanks Ty
Ross, I am just learning to trade and your videos are by far the best of anybody's out there. You have excellent communication skills. So thank you for your willingness to spend so much of your time and effort to share your knowledge (vary rare attribute in today's culture )! I do have a question. You mention looking for "good quality" setups before taking a trade. What are all of the factors you consider to make this determination about a stock? Do have another video on this?
Hey Scott, keep watching episodes on this channel, I do have a lot that talk about specific setups!
Watching this years later 😂
Same
hey its all good everyone starts somewhere as long as they keep it going
Have you hade any success with trading? 😅
I'm still in the sim 😂
Same
I think re-watching this video the 20th time was actually worth it. Not only I got lucky but by able to spot the pattern and go in early made me a lot today (e.g. YELL) I felt a lot of weakness in SNMP and somehow I almost got into it. I still need a lot of learning.
🤓👍
@@DaytradeWarrior did any of you also get into YELL today? I am surprised about YELL but it has clean setup.
Great and Lucrative Teachings indeed!!!
Thanks for watching!
you have accelerated my trading by years
Great video!! Thanks for sharing! Quick question, on the ACB example you mentioned the stacking of the sellers at 16.51 but you didn’t sell. Can you elaborate your thought process of seeing that stacking but holding through it? I really appreciate all of the content!
If you haven't had a chance to attend yet, one of the best ways to learn more on this would be to join us in the next Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
Thank you so much for teaching the timing and exits, trading psychology and scalping. You show quite the discipline with entries and exits. After quietly watching and trying to day trade under restrictions, I was one of the 90%. Time will tell if I'm the 10% but I'll start with 1 week of green. I am not under day trade restrictions but trading "scared" not wanting to lose my day trade cash reserves (loan). I find it easier to exit a stock after 5-10 cent gains knowing I can rebuy when the setup is right. The bonus is when level 2 is still green and I can hold longer.
Thanks for sharing, keep working at it.
3 years, only trade dips but support the channel anyway.
Thank you!
Ok... I shared your video to my FB wall..... congratulations on a good business model, and successful trading.
Thank you for your support!
Making money is an action. Keeping money is behavior. Growing money is knowledge. who else agrees its a game of loss and gain
👍🤓
Thank you very much Ross for sharing your expertise. Thank you for helping me/ us the new traders. I'm pretty sure that your dad is looking at you now and is very proud of you.
Thanks for watching!
Hey Ross, I know that you receive numerous requests for more instructional videos on how to day trade. I'm wondering if it isn't too much could you please recommend to a beginning day trader computers, monitors and possibly a solid internet provider? I know that you have already done one several years ago, I'm wondering if there is anything new that you would recommend. Thanks Ross. Your patience has to be legendary!
Hey Micheal, You can learn more about choosing the right computer and setting up
your workstation in these 4 helpful blog posts:
1. www.warriortrading.com/day-trading-computer/
2.www.warriortrading.com/day-trading-laptop/
3. www.warriortrading.com/3-tips-for-buying-your-first-trading-computer/
4. www.warriortrading.com/multi-monitor-day-trading-work-station/
5. Link to popular hdmi to usb connector:
www.amazon.com/USB-Dual-HDMI-Adapter-External/dp/B0725K1MHH/ref=sr_1_1?dchild=1&keywords=2+hdmi+to+usb&qid=1623263940&s=electronics&sr=1-1
You can check out these videos for more info as well:
Setting up a simple trading station: th-cam.com/video/1VPQURM9C3g/w-d-xo.html
Traveling trade station: th-cam.com/video/7_U5bDa3T1g/w-d-xo.html
Roberto's Modern Trade station: th-cam.com/video/IDur9IRTrpg/w-d-xo.html
Mike's Trade Station: th-cam.com/video/jAI7I8degv0/w-d-xo.html
Ross's New trade station: th-cam.com/video/9TLIfJtJI0g/w-d-xo.html
looking forward to watching this one , was going to tune in live but I was busy losing money on my stocks :D
🤓👍
You're a very good teacher Ross
Thanks for the support!
Thank you Ross couldn’t make it due to work but I am watching now can’t wait to learn all i can from you
You're welcome!
Very detailed and accurate 👌 loving it from South Africa.
Thank you Roos 🤝
Been watching these videos nonstop
Light bulb moment.... ENGAGED. Much appreciated, Ross. Thank you.
Milan ❤thanku sir from india.ur book will be my first guidance of market
Amazing guy. Favorite option guy on TH-cam. God bless you man.
Appreciate that!
Timing is everything for real!
It sure is!
What time for candles u prefer? 1? 3? Thanks
Ross's indicators are: 9 EMA Gray (5 minute and daily charts), 20 EMA Blue (all time frames), 50 EMA Red (daily chart only), 200 EMA Purple (5 minute and daily chart), VWAP Orange (1 minute charts)
Ross I love your channel , thank you for sharing all your knowledge with us.
3 months later. Im a beginner trader eager to learn. Thank you for sharring
You're welcome! Learn about Ross's Strategy and our Courses here: www.warriortrading.com/strategy/
Truly a great video. Watching this (more than once) should be absolutely required by everyone Before ever trading live.
Thanks, glad to hear it.
Hello, I am from Ukraine, I watch your videos all the time, you are a good trader and thank you for helping Ukraine in such a difficult time for us✨🙏
My pleasure! Happy to do what we can. ❤️
thx so much for the education ross
viewed this video several times already
You're welcome Yunos!
Hey @Ross, it's been a while... you got me going back in 2020... slow down on day trading.... learned alot...
I'll be back around sept... the kids go back to school.
Awesome, glad to hear it!
Watching again....even better!
Warriors?, the order of columns in the scanners is critical, or at least a quick read left to right so as to make what we hope to be reflex/ muscle memory decisions eventually?