Reading Candlestick Charts Was HARD Until I Learned This 3 Step Trick

[@DaytradeWarrior]

DOWNLOAD MY SMALL ACCOUNT STRATEGY PDF HERE: ➡ warrior.app/2024-small-account-strategy

[@infinitelyllc]

❤

[@johnsmith-tu9ii]

What do you set your fast, slow, and Mac D length at? If you don't mind me asking.

[@archanasrivastava7136]

I’m not able to access the various features mentioned in the two weeks trial period. I purchased the 2 weeks trial version

[@andrewbutler210]

Thank you

[@EntertainMeNow]

What do you think of renkos and heiken ashi lots of traders use them and supposedly it makes it more simple

[@pete69696]

I have to admit. I'm a trader of future s and commodities for 31yrs. I own my own private funds. You DEFINITELY explain things very well for new people and are spot on I have alot of respect for you bc u know and I know only 10% of us make it this long.

[@studdgage]

damn brother keep rocking it. Any advice?

[@shortdude-t5k]

way to many . (periods)

[@MrSunny1962]

Hello Pete you make a living at trading Futures

[@pete69696]

@MrSunny1962 yes. 3 decades

[@Disruptor444]

@@shortdude-t5k😂😂😂

[@william6037]

Ross, you are hands-down the best educator for new or learning retail traders. Your honest, approachable manner really makes you stand out among the crowd.

[@EllenMorganNimitz-ir8oz]

In Total Agreement ...I enjoy your lessons. Thank You!!

[@MrBoytonius]

Couldnt agree more, Really valuable, thanks Ross!

[@ZeeZee9]

He's the best :)

[@theforce5191]

You can't say he's the best when you haven't even tried them all. My mentor (to me) is the best. But everyone can still learn.

[@scarlettb6810]

I never comment on videos, but I just wanted to do so on yours to let you know that you make very helpful and educational videos. We can learn so much from your videos every day.

[@danijel3227]

But important thing is that you never comment on videos...except this one....💩

[@joycewanjugu]

Same

[@Kurt22ism]

I know right. Massive knobber alert.

[@KjKj-ce4wz]

Started trading about 2 weeks ago. I knew pretty much nothing about stocks. I was losing everytime i tried to trade. So i turned to youtube to help me understand. I then found your videos. I knew right away this was the right channel for me. I have learned so much & i am actually making profit now. Thank you so much!!

[@DaytradeWarrior]

Hey that is great!

[@tikotpun5670]

दायी तपाईँको देनहरु अति नै अनमोल छ।

[@abda9212]

34:00 first candle to make a new high 40:35 exist indicator 41:50 what are the things I want to see

[@promopross]

I have to admit, I am an investor with over 30 years of experience in finance and fund management. Having spent decades in the volatile market, I understand the importance of explaining things clearly and concisely to newcomers. You have done a great job, and I really respect the way you share your knowledge. We all know that only a few people can last long in this industry, and you are one of them.

[@lmao-rs1ph]

as a beginner and someone who likes analyzing graphs, this video makes the most sense in charting!

[@fladoodleflipper]

I really appreciate the extent that you're breaking everything down. Being a beginner, I sometimes watch videos of traders where they're giving so much great info but my "literacy" isn't in a place to fully grasp yet. This video was really helpful.

[@leighryan4]

Hi Ross, brand brand brand new trader here and im learning so much from you. You are a great teacher and provide examples that are simple to follow along with. Im sure im not the only viewer that appreciates your teaching and is learning hand over fist. Keep up the good work mate! Thank you :)

[@DaytradeWarrior]

Thank you! You can check out the trial here if you are interested in more education + scanners, news, chat and live trading video feed ! www.warriortrading.com/pro-preview-trial/

[@NinhĐỗvăn-t7k]

Such a valuable video, thank you! As an Anesaurus Signals member, I've found learning from pros so much more accessible.

[@lchanel2862]

I have been watching online trade instructors for the last 5 years. This is by far one of the most insightful and well explained tutorials/strategies I've come across and you've included indicators, tools and additional support ! Well done! Very thorough and you've gained a new sub! Thank you for your dedication to others success! Well done!

[@kendallardoin233]

couldn’t agree more! Explanations are perfect.

[@Makerman-Services]

Far out bro you’re talking about me at the start of the video. That’s me now and I just watched two of your videos and understood everything you said clearly and it’s already helping me. I dearly appreciate it. Thank you.

[@adamwooten6771]

I really appreciate the amount of effort you put into this free knowledge. No gimmicks, no puff, just solid info.

[@duncanclarkfinnigan3444]

I'm sure you have a lot of friends and sometimes don't want more than even one friends but now I count you as a friend, maybe a best friend one day. Your work is amazing and your honesty is refreshing.

[@emillattarulo2052]

Love this guy's videos, brings it all together simply and doesn't have that know it all attitude. Just sharing the knowledge he's gained from first hand experiences. PRICELESS... Thank you !

[@christinamichellephotograp8728]

You are a great teacher. I’m curious about your personality type 😂 I’m ENFP and I feel like you explain it in a way that my mind understands. Thank you so much for sharing the knowledge that you gained. What a gift!!

[@davepersaud5424]

I am in awe of this particular video because of the volume of information. I will re-watch it a few times to get it all down. Thank you, thank you Ross

[@Makerman-Services]

Thanks

[@gulee]

This is one of the best and most practical trading videos one could find on KZbin. In less than 50 mins Ross explained basically his entry and exit strategies/criteria and stock screening/selection criteria. That's all one really needs to trade to win. What this video teaches is priceless! Thanks for sharing your success, Ross!!

[@charlychai370]

Appreciate you sharing how you felt when you were starting. I can sooo relate!

[@kalrothman4733]

Thanks!

[@kennethkruse2535]

I like to use previous day support and resistance levels to buy sell! Thank you for the explanation!! Great! 👍👍

[@baccaratfunk]

I am already kicking ass using your educational videos. Very easy to spot Low RSI with high volatility and low float after a dip back to the MA, increasing volume 5x and a crossover from the MACD. MACD above the signal and sellers in short supply from the volume. . . . Easy to screen for low float and then BAM . . . Entry point after the dip from pre market My favorite news? A pennystock becoming NASDAQ compliant again. 20-100% gains in 20 minutes. Nice Thanks Ross

[@kevinalleman162]

I have no clue what your talking about but I'll hopefully get there one day.

[@bellaamy5907]

Is this what forex trading guys please?¿??¿

[@stateofaffairs1846]

@@kevinalleman162how’s your progress?

[@jenniferpainter6115]

As a teacher your videos are well thought out and executed. You speak a language all people can understand. I also blew up my first account and have been slowly educating myself to hopefully get back in there and make some back with a better understanding of the market. You are a great teacher my friend. Teach on.

[@crippa8130]

Hey Ross I’m from australia just found your channel. As a newbie so refreshing to find someone who isn’t pushing some magical indicator, your content appears very realistic and honest. You give me hope. Keep up the good work.

[@melodyturner3256]

You are my favorite coach. I love the way you teach. I can actually understand it.

[@RonaldEwell]

I've learned more so far watching just 4 of your videos than I have taking entire classes. Thanks so much for the help.

[@NathanBrinkley-bm7wt]

I’ve been practicing with trading view and I just started today I watch 6 hours worth of your videos but this video helped me make 143.72 on my first day and it’s only 1:27

[@husmeando]

I have just discovered this channel yesterday and I already fell in love with the few videos I've watched so far!! They are extremely easy to understand and very useful!! Thank you very much! 🤩 I want to be like you when I grow up!! 😃

[@DaytradeWarrior]

Great! I am happy you like them! we are offering a 2 week trial for anyone wanting to see how we trade in the room! www.warriortrading.com/pro-preview-trial/

[@Milen983]

I was doing the same mistake when I just started. Still less than 1 year, but learned thousand times more than when I just started.

[@dstoup]

Thank you Ross, I really appreciate the simplicity and clarity in you delivery of your approach! I have a question. At 42:27 you say you expect the price to move up $0.10 within one minute of entering the trade. How do you account for the wide variety of stock share prices? Is there a rough percentage of the expected play you want in that first minute. I guess for my trading a feel is ok. I know when I get in expecting a bounce and it does nothing for a few minutes. Thanks in advance for the clarity!

[@williSPR]

Hey Ross. I really enjoy watching your videos and they have helped me alot. However, the more I watch your videos the more I wish you to go deeper into detail for more "advanced" traders. I know that you have a course, but I dont have the money to access it since I am still in high school. Hopefully, you consider my suggestion for future videos and video ideas. :)

[@timo3144]

At 45:00 onwards. Let us say I risk 1% of my account. When I enter, the spread is lets say 20% of the 1% and the candle closes below the previous low. Do I close the trade Or hold for the next candle to close? Thanks for the informative video

[@dustymcdust825]

I agree totally after trading for about 4 years in total, keep your size small, keep your charts clean, I use, emas 14 and 7 I look at the 1 min, 5 and 15 and the rsi. That’s it and my trading got good.

[@theforce5191]

I can't ever imagine using anything lower than a 55 minute chart. I'd hate to be glued to pc all day.

[@devnomadJS]

Why do you use emas 14 and 7 and not 9 and 20? I'm a beginner. Thank you!

[@dustymcdust825]

@@devnomadJS I could use those, but it really about a faster moving average crossing a slower moving average that shows you that the trend has changed

[@devnomadJS]

@@dustymcdust825 Cool, thanks man. 👏👏

[@johndrop8076]

It is a wonderful explanation and easy to understand. You're a great teacher. Thank you for sharing.

[@cbrewha]

Ross, thanks so much for all that you do. I love this tutorial because it really seems to simplify things. Im very new, I'm doing simulated trading now, and I cant wait to implement this. You're the best!

[@frzanfaraydon]

Once the price action pulls back for few red candles, how do you know it will be the next cycle of Bull flag or it won’t break the previous high and turn into an ABCD pattern? Thank you Ross

[@nikguitarocphone2505]

no one knows, there is always luck, my winning money printing strategy is jump in just after skyrocket, and then don' t be greedy,🎉🎉🎉🎉 play safe cuze its dangerous

[@DaytradeWarrior]

^

[@AntikiHiroshi]

​@@nikguitarocphone2505 So how do you do it

[@edwinsena9365]

Am just learning to trade and you are the best teacher I have come across. Thank you you are Amazing. I need to learn from you so I one day can make ends meet.

[@Nguvujameela]

This video is so good; I resonate with so much you said. Thank you for sharing!

[@fliiguy247]

Can you help me understand the thought process for why some people would be selling at 14:13 when its obvious based on volume why things should be trending up? Are those just uninformed buyers or is that a decision that makes sense for them? It will help me understand the pathology of that type of seller. Thanks in advance.

[@infinitelyllc]

You broke down all the topics we need to know for success! awh! 🎉 You are the holy grail indicator. I think you can feel it when you will likely loose a trade. Thanks for teaching! ❤

[@Jeff-xy7fv]

2:37 - I have the same fear as you did. I also have a goal of $200 a day (for right now), and I also plan to do just what you did -- start by trading only one contract with each trade and a delta in the .50-.60 range so I won't lose as much as I would with a higher delta if it goes against me.

[@northshorgrl]

You're awesome, Ross. Thanks for all you do.

[@Saronnagay]

I've been following you since June this past summer. I'm enjoying going back to the videos I originally watched to pick up on the detail of the information I missed before or that didn't have as much meaning to me back then. Learning a lot still. Thank you for these videos!

[@MaeveDurando]

I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?

[@HassanAdisa-sk7wi]

Investing can be complex, so it's smart to get professional guidance when building your financial portfolio.

[@EdwardNolan-l1v]

It's a great idea to have a conversation with financial advisors like Naomi Dean to reshape your portfolio.

[@AndrewAlonso-jb7kz]

I spread out my $25k portfolio across various markets to diversify my investments.

[@JoelNegron-rl2lj]

That's awesome! I ended up making a net profit of about $115k by investing in high dividend yield stocks, ETFs, and equity.

[@ElenaWhite-tw9px]

Naomi Dean stands out from other brokers because of her realistic approach, unlike those who often set unattainable targets and fail to deliver. She's truly unique!

[@ZeeZee9]

Hi Ross, in one part of the video, you said to sell when the red candle makes a new low. But towards the end, you said to sell right when you see a red candle. Can you explain which one to do? I'm a bit confused. Thanks.

[@fishingwithbob178]

Trading using indicators alone is like playing Call of Duty with lag.

[@mybiggrin]

It’s information. Who’s the professional here?

[@WhatItDoDoh]

😂😂😂😂

[@sixthscentsfragrances2140]

lagging isn’t setting you up for success. indicators are more like the dots on the cod map. let you know what’s coming next

[@BoundedGaming01]

What else are you supposed to use I thought it was indacators and news

[@T4I2I0]

😂😂

[@aqtaii]

Thank you so much for these videos.

[@DaytradeWarrior]

Thanks for watching!

[@chinochino1070]

Thank you Ross... At the end of the video, where you mentioned about holding onto losses, I have that same problem... On green, I sell to early... on red, I hold the entire thing!! I need to stop this habit and this video just knocked some sense into me... I like the idea of your strategy as well....

[@RoscoTheSupervisor]

Which "anchor period" should I be using for the VWAP? Mine is default at "Session" and it doesn't look anything like yours?

[@rethabilemdlalose9963]

I have a small account and I blew it because I was trading through my emotions and not observing the patterns of the candlesticks...my entry was off and I lost all my savings.....I have taken a step back and started educating myself with your videos..I am truly grateful for expertise ❤I can't wait to get back in the market...thanks to your

[@theforce5191]

My mentor always taught us to never trade off emotion.

[@patrickhoward4080]

Dude, you are an amazing teacher. Thank you so much for taking that time to help others learn this “other language” love your videos and how you teach slow and provide examples and visuals. Thanks again!

[@barbarayoung9376]

Thank you Ross for this video! I've watched others of yours but this one gave a great overall view of the criteria, explaination of indicators, and execution. It all suddenly gelled for me in this one like no other. Much thanks for being such a great teacher!

[@mwalimucyber4839]

i first tried learning trading about 6 yrs ago, but i gave up since i hardly got materials and guidance as this. i must admit that this is what i have been missing as a begin. I know soon i will become one of the best trader because the you put it. Thanks

[@tonytyssens9383]

Wow thank you for breaking it down for us. I always wanted to understand and learn, but too much information and i couldn’t find the right one to understand. This video help me understand much better. 🔥 😎 thanks 🙏

[@ralstonroams8453]

I'm not gonna lie, i just randomly got this video in my feed, and this is the first time I have actually been able to follow along with a stock trading tutorial. It makes sense, i am actually learning something and he is not just shoving a course down my throat. Makes me want to continue learning and maybe try trading again in the future.

[@RonaldCornet-fj7fg]

Bedankt

[@uchennaudeani352]

Great teacher, great humility /honesty! Thank. I don't know how to scale out gradually. Ie, I don't know how to reduce my lot since little by little.

[@therealryanbeach]

This is one of the best, most informative videos I've ever watched. Customer earned!

[@LancerWilsonsViewsoftheWorld]

Ross, Thank you for your transparency and authenticity. Question Reversal of position buttons (omg) do you use them? are they cost effective? Or is it best to just scale in and out on ups ... then when shorting inversely do the same, Your take on reversals would be appreciated.

[@morenora1]

Thanxs for this great video. Maybe I missed it, but what timeframe should I use? I noticed the 1 and 3 minute to be very unpredictable. Thanxs.

[@dean7468]

I’ve been floundering around trying to learn and accidentally discovered your videos. You are absolute GOLD. So well explained to beginners too! Thank you.

[@joedalcompo4710]

I've watched this video several times and learn something different each time. Take notes. A great video for newbies.

[@DaytradeWarrior]

Great to hear!

[@MarthaIrhirhi]

I never thought forex could be so simple to understand. You're an amazing teacher, thank god. ❤ What platform do you use for your trade and analysis? It looks very comprehensive.

[@OSAJAYI]

You are the best teacher so far . i have watched quite a lot of seasoned traders but you stood out as the best. Thanks a lot. Will be glad to learn more from you all through my trading years as a beginner trader.

[@RealKlev3r]

I just learned so much with this video. Thank you for explaining the candle chart. I can now see clearly. Next is working on predictions and and flow of current events and news cycles.

[@libbyduo1419]

Thank you.....I struggle with my exits and entries but you show an amazing way to do it.....Thank you so much

[@scottmelton-f2l]

I would love to see a video on setting up hot keys and how to use them. I saw you have videos in your online classes when I used your great $19 trial but I can’t afford the Warrior Pro Membership

[@BetoCrypto68]

This video feels like I'm getting advice from a supportive friend who’s guiding me through all the basics and sharing valuable tips they learned from experience. Thanks a lot for this. I’ve been successful in 12 out of the last 15 days of sim trading and feel more motivated than ever to excel.

[@SL-4178]

Excellent video! As usual, you make some of the trickiest patterns sound so easy to recognise and ride. Just scr*wed up a trade because I did not pay enough attention to volume indicators. Not a surprise, of course 😆The loss was minimal, as I've learned the risk/damage control lesson years ago (fortunately).

[@1stClassConsulting]

You are the best, calm and collected teacher online. But the things you described in this video is absolutely awesome! Can we collab on a mindset and help others even using examples! This helped me immensely and some reverse engineering with my technique at certain times of the day or night. I really love this channel and your broadcast 😊

[@garrettgriffin3877]

When I started trading I was going through indicators like a mad man, trying to find the ONE, but I decided to replan my strategy. The only indicator I've been using lately is volume bars. The rest is just chart analysis. It seems to have helped my overall strategy, so far. It's given me the ability to just learn how to read what's happening in the market. I have a long way to go, but I think it's important to just learn how to read these charts. Your videos definitely help.

[@johnt1832]

Great video, very concise. The only difference I would recommend is to set your stop loss ATR below the bottom so you don’t get stopped out prematurely.

[@uchennaudeani352]

Thank you Ross! Could you please recommend an effective volume bars indicator for an intermediate trader.

[@panitsos65]

I find your videos so easy to understand,you dumb it down for the less experienced. Thank you so much! Keep up the good work and good luck with your trading!

[@JJKKpro]

Wow, your videos are amazing:) Keep up the good work, but one question. Which trading platform do you suggest and which market screeners / analyze platforms? Thanks a lot

[@DaytradeWarrior]

Hey the platform is my proprietary software DaytradeDash for Warrior Trading members I trade and live stream every day! you can check it out on the 2 week trial it includes Live stream trading with me, scanner alerts, member chatroom, news alerts and customizable charting ! www.warriortrading.com/pro-preview-trial/

[@du.o.1157]

Excellent video! Congrats for the lesson. If you buy using limit orders after the pullback... And the price moves up quickly, how do you deal with the missed fillls?

[@anthonybasile154]

Hi Ross I’m fairly new to your channel and I like how you explain things. I have a full time job but would like to learn how to swing trade does your course teach that thx

[@andrewbutler210]

Good morning, I just wanted to say massive thank you, I've been trying to commit to trading for a number of years but missing the understanding and confidence, your video has made a lot of sense and is helping me to realise I am slowly understanding it and I'm sure this will help me build on my profits.

[@enxxmp]

This is gold. Thanks for sharing your wisdom and knowledge. I'm just starting to day trade and soaking it all in. I signed up for the 2 week intro class and will definitely be signing up for the warrior pro class after a few more weeks on the simulator.

[@rosswalton4048]

Top quality teaching. Love watching and listening - very interactive!!!

[@DaytradeWarrior]

Thank you! 😃

[@books4649]

It also helps me to use the volume oscillator with your setup to avoid bad trades. What do you think about also using the volume oscillator Ross?

[@Magic7Dragon]

Absolutely new beginner here… maybe I missed it, but at the 32:30 time frame, what time level are you looking at when you say you are waiting for the green to pass the previous red? 1 min, 5 min, 15 etc? Maybe I’m not using the right terminology but are you looking at M1, M5 or other to pull the trigger on making the trade specifically at 32:30 in your video?

[@DaytradeWarrior]

Ross will use the 10 second and 1 minute chart for entries primarily.

[@TomHuang-b8j]

Awesome video. Simple but shows a lot of the mistake I have in my trading. I am one of those traders who use many indicators, not paying attention to volume, sell too soon and hold too long. I often have many small wins, and then lose it all back in one big loss.

[@aparthouseindonesia]

Идеально, добавить нечего. Автор гений. Очень всё доходчиво, без воды, учтены все детали, всё объяснено. Стиль повествования приятный, голос располагающий к себе, примеры с чуваком и остальные просто вышка!

[@ElliottWest31]

Hello, just watched my 2nd from your selection and my 1st one for the second time. Excellent videos. One thing that I am missing is what tools, e.g. scanner are you using. That's one of the essential tools needed to apply the learnings in the video. Why not introducing your tools in a separate video and give a brief overview of how to use them. Or just provide the name of the tools.

[@guntergliben3851]

Ross, You are an extremely gifted educator! Many thanks for the motivation as well.

[@B-laze_Fungist]

Your teachings are great, your personality and character are great, and you are very clear and explains as simple as possible. I hope i can get to understand this well into the future as i just discovered this recently. its difficult for me to understand all this comming from zero, but i'm learning a little every day. Thankyou

[@tindomash6591]

Hi I'm a beginner in trading and you are making these explanation very easy to understand. I have not yet started trading, not even on a simulator, but I feel like I should start right away to put your strategies into practice. I guess practice makes perfect. I will keep following you but I need to start from scratch!

[@DaytradeWarrior]

If you haven't had a chance to attend yet, one of the best ways to learn how to get started with trading would be to join us in our next day trading class. The class 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/

[@cassie6277]

Great review of the basics. Adding this video to my "trader rehab" playlist for red streaks. As a side note - I have been learning a lot from your content over the last 6+ months. Tried and loved the Warrior Trading trial. Will definitely be returning once I am ready for that next step. Your teaching style speaks to me. Thanks for sharing your knowledge! Look forward to joining the WT crew in the future.

[@DaytradeWarrior]

Great!

[@ksplinter007]

One of the best videos explaining day trading. Thank you.

[@charliemcgrain]

This gold. Many thanks, Ross. Great teacher, priceless information.

[@benjiwong5276]

Great video. This is the first time I understand the volume profile, candles, and their contracts. This is so helpful regarding selling too soon. You are the best.

[@kasharudner4971]

Thank you, great video❤ Two questions: Q1: when u talked about bull flag and second candle down to 50% of the flag pole, once it goes lower than 50%, are you out of the trade ? Q2: I understand you said in the beginning 1min & 5 min timeframe. What do you actually use for when you trade? Want to relate candle patterns you drew to a time frame. Thank you kindly 🙏

[@derrickpace4134]

Ross, this was very helpful. Thank you so much for putting these videos together.

[@ion669]

Ur such a great teacher that it makes me want to jump and trade right now even though I'm a newbie and I know I would fail miserably lmao. Im setting up paper trades soon to test this thank you.

[@johnbenyi1318]

Ross. You are good, how you educate us is wonderful. This will help us to be good traders ,Thanks a lot

[@michaeltolchard6224]

Great info Ross, Thanks! I relate with many of the issues you described lol. Selling too soon and holding loosers too long.