How I turned $600 into $16,013.06 in 20 days | SMALL ACCOUNT CHALLENGE

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Ross Cameron - Warrior Trading

Ross Cameron - Warrior Trading

Ай бұрын

Download the Ultimate Beginners Day Trading Kit including my Small Account Strategy PDF🍏 warrior.app/beginner-kit
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Warrior Trading // Ross Cameron // Day Trade Warrior

Пікірлер: 487
@DaytradeWarrior
@DaytradeWarrior Ай бұрын
Download the Ultimate Beginners Day Trading Kit including my Small Account Strategy PDF🍏 warrior.app/beginner-kit
@rcchristian2
@rcchristian2 Ай бұрын
Just wanted to thank you for all the information you put out! Learned a ton from you.. so thanks! How do you get the real time data in tradingview? Or your trade software? Also how exactly do you know when to sell?? From past resistant lines and what do you set your stop at ?
@Memeattraction
@Memeattraction Ай бұрын
question is how do you get a non-pdt broker, u say cmeg but as far as they told me, i would be limited to PDT as I am a US resident
@gigibarrett1777
@gigibarrett1777 Ай бұрын
Trading in a small account I get so scared of being restricted for pattern day trading I think it messes me up.
@rcchristian2
@rcchristian2 Ай бұрын
@@gigibarrett1777 It only applies to margin accounts. Is your account a margin account?
@beardlong8235
@beardlong8235 Ай бұрын
Hello! I try to understand everything but I do have 1 question. I see this video that says breakout or bailout and other ones with the pullback (your favorite pattern) however as I was analyzing everything I was seeing videos with yoru average trade duration and was 3 minutes recently and back on the 500$ challenge was near 6 minutes! Which is insane numbers. So, my question is, we get in at let's say 5,80$ if it doesnt immediately go to 5,90 6 6,10 6,50 and it goes 5,75 5,80 5,85 5,90 5,77 5,73 5,80 do we still wait all of these 3 minutes or we get out? Which is the immediate for you? This is what I dont get . Cause there is danger that it flashes to 5,50 or 5,40 in a matter of millie seconds and waiting 3 minutes may be risky but also give it the time it needs to move up and we dont get it executed and get the L. Sorry for the long message but this is crucial for me. Please take a moment to answer. Thank you
@Nobodyspecial5150
@Nobodyspecial5150 Ай бұрын
Does anyone want to know how I turn 50,000 into 20,000 in 3 years?
@mynameiswrm
@mynameiswrm Ай бұрын
Must've been following my strategies.
@Nobodyspecial5150
@Nobodyspecial5150 Ай бұрын
@@mynameiswrm 🤣
@mattburley3189
@mattburley3189 19 күн бұрын
😂
@javieibarra3259
@javieibarra3259 19 күн бұрын
I do
@matatumbac
@matatumbac 19 күн бұрын
Daam. That's a good info
@nomad7653
@nomad7653 Ай бұрын
Ross, I wish you'd teach folks too that all they have to do is make 10% on the account a week for 36 weeks, and they'd get to the 25k mark without having to risk so much starting out in taking leverage. New folks have zero business using leverage. Slow and steady really does work.
@twinblade63
@twinblade63 Ай бұрын
exactly. and then once ur at 25k, if you can keep making that 10% a week, you can live quite comfortably
@jerrebrasfield4231
@jerrebrasfield4231 Ай бұрын
142k ish from 1k at 10 percent a week for a year. Yeah crazy.
@gigibarrett1777
@gigibarrett1777 Ай бұрын
I wana know!!!except it seems like nobody can truly predict that what your saying. But I get the concept
@chazman4461
@chazman4461 Ай бұрын
Where can I learn this?
@gigibarrett1777
@gigibarrett1777 Ай бұрын
@@chazman4461 me too
@mrDMxtreme
@mrDMxtreme Ай бұрын
Love these small account 'challenges' wish you would dive a bit deeper in the actual trades, show the entry/exits of at least a few days (like the first day or two) and when you sized up, just so we have more examples of these A++ quality setups
@mr.ofromthestore
@mr.ofromthestore Ай бұрын
That costs money
@dougwhite4310
@dougwhite4310 Ай бұрын
I love his way of teaching concepts but I agree that the missing pieces are only available on warrior trading and becoming a member. Which I don't fault Ross on any of that, day trading is probably making him good money but his warrior trading platform probably is that kind of income that is way less stressful. If I had a genie in a bottle I'd make it way more affordable since 99% of the folks watching these videos are beginners with small amounts to put into the market...which inevitably means his classes and access to his tracker are way too much for us. Only real way for most of us is to figure out the missing pieces until we can get consistent gains and by that time we don't see the value since we figured it out (at least figured out a way that works for use individually). And don't even get me started on the fact 99% of us will fail anyway as the market is designed to take our money.
@BeautifullyBlended_pureediet
@BeautifullyBlended_pureediet 17 күн бұрын
Yes!! Totally agree with @mrDMxtreme!
@MarekWGDvorak
@MarekWGDvorak 13 күн бұрын
Entry on Day Open price line on TradingView, pre-order for entry, do 20-30 pips a day. Instead of StopLoss placed (StopHunts prevention) just place opposite direction pre-order and keep it there as a risk prevention against news adverse moves. Zero risk in this case. In this case consistency is the king though. If you have no idea on position size, then do the challenge, 30% a day, where you start with £20 at 0.26Lot size increasing every morning by 30% the lot size. Choppy markets are Banks’ algos placing big orders in sequences, no point staying there, wait for another day.
@Carlos-sv1ku
@Carlos-sv1ku Ай бұрын
just found came across you for the first time. Great video very informative and easy to understand.
@helloworld0721
@helloworld0721 Ай бұрын
Thank you for the class!
@318AEllis362
@318AEllis362 Ай бұрын
The DOW was amazing today. I got a small piece before getting stopped out and im very happy.
@waltherlegacy
@waltherlegacy Ай бұрын
Great video Ross. I’ve been day trading momentum for a year and half now and watching this I still connect some dots. I came across your channel in 2022 and you helped get me interested in day trading, after spending the previous year learning about swing trading strategies. Finally getting my momentum strategy dialed with a growing equity curve. Thanks for putting these videos together for us!
@luckymireles82
@luckymireles82 Ай бұрын
Thank you, Great Teacher
@MrAloha999
@MrAloha999 Ай бұрын
BROOOO...I'm so happy I found your videos...definitely best of the best videos out here on KZbin...I'm a beginner and your video is what I needed
@AP_123_
@AP_123_ Ай бұрын
Thanks for sharing this knowledge, Ross!
@whocarewho
@whocarewho Ай бұрын
Thank you for sharing the success, learned so many crucial techniques, hope the market keep getting hot.
@javcortes
@javcortes Ай бұрын
Hello Ross, I'm Javier. thank you for opening your heart and providing so much experience for people like me, who are just starting out and sometimes bounce off walls trying to find an efficient system. I'm almost ready to be one of your students at your school. Thank you!
@TangibleGoods
@TangibleGoods Ай бұрын
If news is the catalyst, I wish you'd do an entire video on how you analyze the news, your news sources and what you like to watch. That feels like the best thing you could share
@joshjish876
@joshjish876 Ай бұрын
Agreed.This is something I struggle with, finding reputable news sources especially for some of these smaller cap stocks..... There's just so much gas lighting that goes on as with anything, An in depth video on what his go to sources for news and how he reads it would be very appreciated!!
@infinitelyllc
@infinitelyllc Ай бұрын
Thank you!❤
@-BY205
@-BY205 Ай бұрын
We learn learn learn every day ...Big thx for your work here ...
@colinjohnson4799
@colinjohnson4799 Ай бұрын
You're very informative thank you! However I really wish you would outline the upfront costs of getting started, keep up the great work though!
@Tiringshark850
@Tiringshark850 Ай бұрын
Thank you for this class!
@jonkachala8142
@jonkachala8142 8 сағат бұрын
Do you know what site he used to trade on?
@robm5329
@robm5329 Ай бұрын
Discovered Ross today! Learned a lot from this video. Always good to learn from multiple sources so you can piece together your own understanding. Appreciate the video lessons!
@Matthansmail
@Matthansmail Ай бұрын
Failed my first go at CMEG this year. Funding again Friday and giving it a better shot. CMEG won't give you leverage if your account goes under $500. I started CMEG with $534, so the 1st week of March went okay, and I was up $4 before commissions, but went under $500 after commissions. So that made week 2 very difficult, and I compounded that by holding two losers. So account is at $348 until funded. Going to fund the account to $800 or so, to give myself room to stop out a lot without dropping under leverage requirements. Thanks for the guidance Ross 😊
@juwilball
@juwilball Ай бұрын
Im pretty sure this challenge isnt recent, i tried CMEG this year and they changed. The fills are terrible and you get partial fills. Plus if you look at the calendar, none of the dates match any recent months. Also you can only use leverage on certain stocks. So the stocks hes showing wouldnt qualify for leverage. This small account challenge is old.
@Matthansmail
@Matthansmail Ай бұрын
@juwilball no, this is a new one. If you match the dates on the calendar he shows with the stocks he traded, it's all recent. He was doing an episode every week for a while if you go back, and we were trading the same stuff on the same days.
@brandons552
@brandons552 Ай бұрын
​@Matthansmail October of 2023 was the last time the 1st landed on a Sunday in recent months. I'd say it's old and he's recapping an older challenge
@Memeattraction
@Memeattraction Ай бұрын
can you send a link to cmeg, if ur a US resident i dont know how you can get around the PDT with CMEG. They told me I would be under PDT rules.
@juwilball
@juwilball Ай бұрын
@Matthansmail it's not, he started that challenge in January and he had a few red days, this one he doesn't have a red day until the 31st. If you look at the calendar, it matches up from January of 2023. I'm pretty sure he stopped it cuz of the partial fills he was getting and the slippage.
@sam4685
@sam4685 15 күн бұрын
Dude you're amazing thank you! I just subscribed😊
@ronibelson
@ronibelson Ай бұрын
Thank you 🙏🏼 for YEARS of mentoring ❤
@DmytroMinchenko
@DmytroMinchenko Ай бұрын
Thank you very much indeed, Ross! From all my heart thank you very much for sharing that!
@foxyzilla
@foxyzilla 11 күн бұрын
THANK YOU! Thank you so much for easy to understand information!
@austinliedel3487
@austinliedel3487 Ай бұрын
Really great video, loved how you adressed the PDT rule
@AnnaPoli800
@AnnaPoli800 Ай бұрын
how?😅
@perceptionWR
@perceptionWR 5 күн бұрын
@@AnnaPoli800 Lol my man's just special and the PDT rule don't apply to him. First time seeing this channel and will be the last.
@CrippledKittens13
@CrippledKittens13 Ай бұрын
Great video, I've watched many KZbinrs on trading, but you with this one video really grabbed my attention. Great explanation and I appreciate the insight and transparency
@dioglismiranda5849
@dioglismiranda5849 20 күн бұрын
Great couch congratulations and thank you very much we’ll really appreciate you
@highs_and_lows4665
@highs_and_lows4665 Ай бұрын
Thanks i learned a ton!
@frankdearr2772
@frankdearr2772 Ай бұрын
great topic, thanks 👍
@cameronblack7984
@cameronblack7984 29 күн бұрын
Love your channel Ross, just bought your book to show some appreciation for all the knowledge you've gifted for free :) looking forward to the read!
@jarodgibson
@jarodgibson 18 күн бұрын
great info as always
@kielfoster4360
@kielfoster4360 Ай бұрын
I used to think you were full of crap. But once I started taking my base hits my account grew double in 1 month. I was always hoping for the home run. To the point I would loose just about every trade. Once I started taking what was given it was a game changer. Realized I feel much better when I take 10 20% than when I hold to long and end up loosing 10-70%. Thank you.
@georgecook1374
@georgecook1374 Ай бұрын
side thought and maybe you have it but recoding a live trade as you talk us through it so we can see and hear how it works start to finish.
@treasurehunt7812
@treasurehunt7812 Ай бұрын
Thanks for uploading this when you did. I was killin' it in the sim for a couple months. Went live this week and the past two days have been abysmal. I have a similar, nearly identical checklist of criteria but I haven't been sticking to it. First day - revenge traded. Today, down but not nearly as bad as yesterday. Tomorrow - strict discipline. Wish me luck.
@Matthansmail
@Matthansmail Ай бұрын
How'd it go?
@treasurehunt7812
@treasurehunt7812 Ай бұрын
@Matthansmail another losing day. Was gunshy and missed opportunities. Small loss day. Today was a better day. Played it safe. Took advantage of the opportunities. Then I did something stupid, gave it all back and then some. But, it was a great lesson for a small price. I'm making progress
@Matthansmail
@Matthansmail Ай бұрын
@@treasurehunt7812 make sure you come into each day ready not to trade. When the market slows like this, sometimes it's better not to engage. I rushed in last summer when it was slow and got burnt hard like a newbie chump lol
@georgecook1374
@georgecook1374 Ай бұрын
great info and explained in pretty basic language for us newbies. my son wants to do day trading why I am here trying to learn the risk and such so i can help him and not see him crash and burn. I guess one of the most important things is having a live tracker 1st and formost to know what to think about buying and when to sell. as without it he will always be behind and losing.
@brandonbellar3956
@brandonbellar3956 Ай бұрын
Ross, what computer are you using for the small account challenge, i.e. what’s the ram, memory, etc. trying to figure out if I can use what I have or need to go buy something else (even if it’s a used PC/Mac) thanks!
@zacharyc323
@zacharyc323 25 күн бұрын
This video has taught me so much more than the countless hours I've spent watching other content creators. I'm glad I stumbled across your channel!
@RapBatel
@RapBatel Ай бұрын
The level of risk ur taking must be monumental to get returns like that 😮
@civokjaf7809
@civokjaf7809 Ай бұрын
Hello Ross I have been subscribed to you for awhile now Im not sure when I subbed but recently after looking up day trading on youtube your content pops up alot for the past 4 days I have spent about 4 hours each day watching your content please keep it up I have filled a journal full of useful info I have learned watching your videos I'm not done yet im devoting this whole year to learning all about trading looking forward to all your videos I also plan to purchase your Warrior Trading courses iv watched 1 for free yesterday.
@coltontryon9791
@coltontryon9791 Ай бұрын
Hi Ross, I’m new to the trading community. I’m in learning mode but looking to day trade soon and would like to know how to get involved with an international broker and apply the route you talked about and get that leverage. If you could share some insight. Please and thank you. Love your content. 👍🏽
@4Penguins
@4Penguins 6 күн бұрын
Those HVTAs make Ford an amazing pick for long term dividend traders who already have a pretty large portfolio.
@jonnyrottenshvacrchannel5884
@jonnyrottenshvacrchannel5884 Ай бұрын
Have a strategy. Have a loss per trade and max loss per day. Look for trades you can get in and out quickly but don't be afraid of letting the trade develope if you get in one that's taking time to flush out. Pick stocks that you're familiar with. It's about duplicating your trades day in and out. Stick to your process, consistency is key.
@tanytan333
@tanytan333 Ай бұрын
Thank you Ross for these high-quality videos, they are so well structured. I went to university for a long time and most professors didn't even have this level of teaching skills.
@FFFF-td2hl
@FFFF-td2hl Ай бұрын
Ross can you talk more details how to breakout or bail out, how long should I hold my position when I jump in a first pull-back. Always end up holding a loser.
@DaytradeWarrior
@DaytradeWarrior Ай бұрын
Personally if I’m not green within about 1-2 minutes of entry I bail out.
@KRAMMSTEIN96
@KRAMMSTEIN96 Ай бұрын
This is a great video man, exactly what i needed to hear before entering the market, this strategy makes the most sense to me 🙏
@greggclaussen
@greggclaussen Ай бұрын
I know what broker you're using, but what platform are you using with that broker and are you using their data or your own? Thanks and nice video
@brandonjones2258
@brandonjones2258 Ай бұрын
Can't wait for t1 settlement. Traded my full account today and came away with my best green day yet but no trading until Thursday now.
@brittanyanderson1295
@brittanyanderson1295 Ай бұрын
Yeah supposed to be end of may right?
@Sleeper197
@Sleeper197 Ай бұрын
May 28
@Shane3Gs
@Shane3Gs Ай бұрын
I understand what you want to express, It is really tough in the beginning with a tiny account.
@RM-rq7ll
@RM-rq7ll Ай бұрын
What a great video. Just start following your strategy ❤
@leannemundt4492
@leannemundt4492 Ай бұрын
Hi Ross, total newbie here. Been watchig you for a bit now an wanting to start with day trading an my question was does wealthsimple allow you to use candlesticks?
@petershryock3773
@petershryock3773 Ай бұрын
What sort of stock trading simulator would you recommend?
@user-uv8ti5hx2h
@user-uv8ti5hx2h 10 күн бұрын
Hey I’m not super into day trading but this was an awesome video I’ll end up watching it again tons of great info
@vegansynths7757
@vegansynths7757 Ай бұрын
After getting my a$$ handed to me again this morning, I have learned that trading in the first half hour after open is too volatile. Baby steps, but I’ll get better at this thanks to you.
@Jaydivine-nc9fv
@Jaydivine-nc9fv Ай бұрын
Sooooo true 😆
@scentsoftravelmeditation
@scentsoftravelmeditation Ай бұрын
I made this mistake last Thursday although I’m well familiar with it Costed me €300 less profits But hey education costs money. Especially high quality education If you take it positively, it will be a strong base to make much more in the future :)
@CodElevator
@CodElevator Ай бұрын
First half hour is easy money. It's more prominent to work if you have a plan for the nearby support/resistance and applying proper risk management and accepting the loss. But the it varies on the characteristics of that certain stock. I trade the SPY and I'm usually done trading within the first hour, mostly before 45 minutes. "1 trade a day keeps the job away."
@vegansynths7757
@vegansynths7757 Ай бұрын
@@CodElevator you're right. I'm still a noob and learning.
@CodElevator
@CodElevator Ай бұрын
@vegansynths7757 Keep it up and don't give up. As long as you're not getting smart ideas with the market, you'll continue to improve. The market loves smart people
@bhop8541
@bhop8541 Ай бұрын
thank you brother
@ekw07
@ekw07 Ай бұрын
Hey Ross, This doesn’t really apply to the video but my dad and I have been watching your videos for a while now and are planing to start paper trading soon. We would like to know how to set up Finviz to scan for the right stocks that match up with what you look for in a stock. (The stock price being $1-$20, the 5x relative volume, the already up 10% on the day etc…) Because the terminology in the Finviz settings are a bit confusing compared to what terminology you use. Thanks!
@devenbapp9804
@devenbapp9804 Ай бұрын
Ross, could you do a video on how you currently track your trades and how you tracked your trades when you a bigginner trader. Im not sure what i should all be keeping track of for me to notice my good and bad patterns in trading
@kiko888kiko
@kiko888kiko Ай бұрын
No lo va a hacer... Y si lo hace que lo demuestre continuamente.
@tombretschneider1844
@tombretschneider1844 Ай бұрын
You are the best in the small account world.
@kmnz5882
@kmnz5882 Ай бұрын
have you ever did these challenges on a cash account? I heard that you can avoid the PDT rule if you trade on a cash account with no leverage. Could the new T1 settlement make it easier to trade on cash account
@cliftoca
@cliftoca Ай бұрын
Is there an ideal platform you use for your day trading? I heard there are big fees associated with day trading?
@Fixstuffsteve
@Fixstuffsteve 16 күн бұрын
Thank u so much this has been se kick ass info. My problem is I'm having trouble finding the right place for me . Every platform has some kind of problem w me
@___t4zdinero
@___t4zdinero Ай бұрын
Seems like you use a momentum trading technique. I love it
@CEASEless01
@CEASEless01 Ай бұрын
Ross which similators are there to use? And can these be used at any time or is it live with market hours?
@mo7sin711
@mo7sin711 Ай бұрын
Hi ross, i remember you saying that you aim to make 10% on your trades, so does that mean you dont have a set Risk/Reward ratio for trades? Because i assume it will be wider/tighter depending on size.
@jackblu475
@jackblu475 Ай бұрын
@Ross Cameron Great video, only you did not cover HOW to manage your risk and WHEN/HOW to exit, at all...
@Sleeper197
@Sleeper197 Ай бұрын
Exit at 10% profit is what I do
@tobiashernandez1515
@tobiashernandez1515 Ай бұрын
Thank you 👍
@TradingJunky
@TradingJunky Ай бұрын
Ross, awesome video, found it really helpful as a beginner trader. I’ve heard some traders talk about a “shot clock” for their trades concerning the amount of time they expect it to take if it works. What is your time frame before you bail out of these kinds of setups?
@Sleeper197
@Sleeper197 Ай бұрын
I’ve heard him say he orders to hold for less than 3 minutes
@joelpauljr8178
@joelpauljr8178 Ай бұрын
Awesome new to trading. Have not even started paper trading yet. Just been going to courses here and courses there. I got to tell you I really appreciate your your disposition and you communication skills. Thanks a lot brother
@milotorres7966
@milotorres7966 18 күн бұрын
What paper trading platform are you going be using I am trying to find a good one
@justinlloyd3921
@justinlloyd3921 Ай бұрын
Thanks Ross
@carneyjoseph39
@carneyjoseph39 Ай бұрын
Hello I have been watching tons of KZbin videos on this topic I found yours to be very informative and honest I wanted to also reach out ask if you would talk outside of KZbin
@frederiknielsen739
@frederiknielsen739 Ай бұрын
Hey Ross, I just wanted to take a moment to express my gratitude for the invaluable analyses and insights you've been sharing. I've been diving deep into your videos lately, and they've been incredibly helpful in shaping my understanding of the market. On a personal note, I recently dipped my toes into the world of trading by opening my first account. It's been quite the learning curve, to say the least! I'm navigating through the ups and downs, but it's been an exciting journey nonetheless. One thing I've noticed is that while I'm getting better at setting stop-loss levels, I'm finding it a bit tricky to determine the right take-profit points. For instance, when a stock is already up 20% in a day, I often struggle with deciding whether to cash in at 25% for a modest gain or to let it ride, adjusting my stop-loss and take-profit levels as the market evolves. I'd love to hear your thoughts on this dilemma. Your expertise would undoubtedly shed some light on this aspect of trading for me. Thanks again for all you do, Ross. Looking forward to your insights!
@jackhamparyan9127
@jackhamparyan9127 Ай бұрын
As a general concept take the profits if you’re unsure/have lost conviction the stock will continue moving in said direction. This is where you’ll need your own strategy but if you have multiple contracts sometimes you can trim a couple of them and keep the other couple. But remember it’s not profit until it’s sold, it’s also not a loss until it’s sold. Best of luck =)
@marlonmcgregor9346
@marlonmcgregor9346 Ай бұрын
I wish u would do a challenge where u did it with an American brokerage without margins and with pdt. I think 2k is a fair start
@lennard6086
@lennard6086 Ай бұрын
great video! thanks a lot. About your loss day: Don't you work with a stop loss to avoid these highly emotional moments?
@1dre0313
@1dre0313 26 күн бұрын
only works during market hours... not pre or post market hours where trading is still happening.
@Pewpew76
@Pewpew76 Ай бұрын
Ross, could you do a video on controlling your emotions? I've been in a simulator for 6 months. The past 3 have been green. Recently, I got in a sim trade that would have been almost 9k in profit. That would've been about 10 weeks' worth of pay at my full-time job, and i was thinking if that was real, could i have kept my emotions in check
@banginzaza
@banginzaza Ай бұрын
Goodness! This man is still turning up the small accounts until this day. Way past GOAT. He's in God Mode. This is amazing!
@jaredholloman5300
@jaredholloman5300 20 күн бұрын
Have often looked at getting into day trading. The aspect and processes always fascinate me. However, I understand I currently trade emotionally so going to read those books you recommended! Believe it is highly important to point out what you said towards the end. You mentioned you're a Jack of all trades, but a master of none. Though the quote actually continues to say "But often times better than a master of one" it doesn't apply to this process. You NEED to create a system that specializes in one, maybe two, things. Like you said be a master of something for day trading.
@danmc007
@danmc007 27 күн бұрын
Excellent video
@vancen1911
@vancen1911 Ай бұрын
couple questions. sorry if I sound stupid but I'm a noob. Don't most brokers make you have at least 25000 in an account in order to day trade? Also. If I put 600 dollars in a brokerage account and put it all one one stock. and the stock tanks. how do I know how much I lost or, If I do nothing can I make what I lost back if the stock gains? thanks for the help.
@MbunduJohannes
@MbunduJohannes Ай бұрын
Very informative video Ross but How did you manage the 25K rules for day trading on the small account ( i saw you traded more than 3 trades in a row) ?
@DaytradeWarrior
@DaytradeWarrior Ай бұрын
You can learn more about offshore brokers who don't enforce PDT here: www.warriortrading.com/best-brokers-for-small-accounts/
@gustarchitect5326
@gustarchitect5326 Ай бұрын
You are a master Ross, I wish I can do better like you. By the way, I failed $ENVB today, it fast to fall after opening. I am still holding. Hope it will rise tomorrow. 😢
@Jaydivine-nc9fv
@Jaydivine-nc9fv Ай бұрын
I too traded envb I did well until i decided to get back jn for the break of 3.80 then it flushed and I list all my profit then I too decided to hold hoping for it to retest the highs , I went from up 65 dollars to down 200 golkars thanks to my comms I definitely over traded send should have just walked away instead if revenge trading it sucks so I know how u feel lol
@lusrod
@lusrod Ай бұрын
Great video!! im new to the chanel, so sry if u explained this b4, but could u pls clarifie what exacly is that 6x leverage u talked about? ty on advance
@JonRichie294
@JonRichie294 3 күн бұрын
Hopefully I’m answering your question but basically margin accounts are accounts that can borrow money from that brokerage company/website. The 6x leverage means that he can use his $600 plus the borrowed 6x$600 to then use $4200 into the trade. This $4200 is known as “buying power” and so that 10% he may make would originally go from $60 (from his original $600) to $420 (from his new $4200 buying power). He said this is risky for good reason because I would never attempt this unless I’m some kind of expert. It’s risky because if you lose more than your original $600 in a trade, than you have to owe that extra money back to that brokerage as debt. This seems like a pretty likely situation if you fail to preform your strategy right because you can lose $420 with only -10% on a trade. I’m not an expert so you should delve deeper into this topic before trading. Hope this helps!
@simonike6768
@simonike6768 Ай бұрын
Hi Ross, I just subscribed to the starter package. from your perspective which broker trading platform do you recommend to trade stocks in the $5 - $20 range? Thanks
@DaytradeWarrior
@DaytradeWarrior Ай бұрын
If you are under PDT then CMEG/TradeZero are good choices. If above $25k then Lightspeed/ThinkorSwim is good
@lilush75
@lilush75 Ай бұрын
Hey ross - Question please, The scanners on day trade dash subscription show you the start pre market till close or just from 8:00 AM ?
@Sleeper197
@Sleeper197 Ай бұрын
4am until 9pm
@GetTheManager
@GetTheManager 28 күн бұрын
I started off in 2018 as a momo chaser and got lucky more often than not. I've adopted the counter trend method and it's become my new strategy of choice with several confirmations. I cannot tell you hands down how many trades I can happily enter every position with little to no uncertainty or cold feet.
@thebigledovski
@thebigledovski Ай бұрын
Does your book also explains about the needed tools? For example, I believe you will not find a tool that scans the market for top gainers for free (unless if a broker has such an option), or do you explain when do you start scanning the market? In other words - will the book explain from zero how to become a daily trader?
@2EXTRM
@2EXTRM Ай бұрын
do you ever trade forex? i like your info but im not set up to trade stocks. its kind of applicable but its still a little different.
@gigibarrett1777
@gigibarrett1777 Ай бұрын
I’ve been studying volume on stocks for the last few days..
@bmxrgc
@bmxrgc Ай бұрын
Ok so is anyone in the comments part of the warrior trading program!? If so how do you like it? And how can I contact someone or Ross with a few questions before I sign up? Thanks,
@Mike-kw2uv
@Mike-kw2uv Ай бұрын
leverage is the key as a novice i would be n rvous to use leverage and oversea brokerage
@rtboss959
@rtboss959 Ай бұрын
Wow first im this early😂😂😂😂😂❤❤❤❤❤
@banginzaza
@banginzaza Ай бұрын
4:03 Facts. Some of us trade similar or the same. And we hybrid the heck out of it.
@clk425a
@clk425a Ай бұрын
You should start out stating the brokerage requirements and laws for day trading. Only allowed 3 day trades in 5 business days for accounts less than $25k or you'll be shut down. I didn't know this when I started.
@Fleet42
@Fleet42 Ай бұрын
I made $20 on my first trade STI now my account doesn’t want to let me trade. I’m moving it from SoFi to Robinhood. How can I tell the float? Love your work and I’m working to buy your course soon!
@davidfoster1133
@davidfoster1133 Ай бұрын
Is this principle the same for CDFs ? As you mentioned just simply buying single shares at $2, $3 per share for example.
@SF-fb6lv
@SF-fb6lv Ай бұрын
Can someone tell me: How does trading TQQQ/SQQQ compare with Ross' types of trades? Any opinions? Perspectives?
@malachi4516
@malachi4516 Ай бұрын
Hey Ross!! Your scanner that you sell on your website… Does it have the same alerts set up that your development team made that you use in your trading to find stocks to trade??
@DaytradeWarrior
@DaytradeWarrior Ай бұрын
Yes same exact software I use is available to members at Warrior Trading
@keithcollins-nk2om
@keithcollins-nk2om 12 күн бұрын
hi hope you are doing well. where/who do you trade with you keep showing how but not where to trade.
@AnnaPoli800
@AnnaPoli800 Ай бұрын
And what about the PDT? are there no rules with a cash account at all? Is it okay to take two trades per day ?
@waynezhou8667
@waynezhou8667 Ай бұрын
According to a statistics, only 3% of traders make profit within a year.
@joshjohnson1082
@joshjohnson1082 Ай бұрын
Is this your old account or the one you started recently?
@milkybaravenger
@milkybaravenger Ай бұрын
Hi Ross, what platform would you recommend for SIM as I need practice. Been told my health is going to stop me working my current job with the next year so need a new income stream.
@DaytradeWarrior
@DaytradeWarrior Ай бұрын
You can check out the WT simulator here: www.warriortrading.com/paper-trading/
@milkybaravenger
@milkybaravenger Ай бұрын
@@DaytradeWarrior brilliant thank you.
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