Do not be afraid to get out of a bad trade. Live to trade another day.
@ismaelamaro77287 ай бұрын
Worst mistake anyone can make.
@tonyrichmond94287 ай бұрын
I have to keep reminding myself that it feels a lot worse to realize a loss than to miss a gain.
@dos24616 ай бұрын
Learned the hard way. This is critical
@jakedefenbaugh6036 ай бұрын
Tbh, that’s where you guys are messing up, you really need to take the personal out and trust your analysis.. watch the macd and candle.. sometimes it’s as easy as that
@Sticknmove84 ай бұрын
Learned that the hard way today lol it was a very good lesson
@CelticsWin77 ай бұрын
Moral of the story is cut your losses. Having losses is part of the game. You can lose 30%... even up to 50% of the time as long as your winners exceed your losers.
@TenagaTrend7 ай бұрын
This is the right video at the right time keep it up. This is encouraging. Trade between 8am and 10am. Monday, Wednesday and Thursday Noted.
@samuelasanya7 ай бұрын
😄
@saminaishaq90217 ай бұрын
Not Monday, Wednesday and Thursday
@masonfox90705 ай бұрын
That's when he is most successful. That might not be when you are most successful.
@corbinjeffery2717 ай бұрын
Some helpful insights here, appreciate it! Got any videos or plans to videos on tracking metrics?? Best journaling practice that kind of thing
@tonyrichmond94287 ай бұрын
That guy watching his big orange candle....man, I felt it.
@bpb55412 ай бұрын
Risk managment is everything. Learning to lose correctly is everything. And before you get to profitability you need to lose every where there is to lose and that costs money and time. If you can make it... it is worth it.
@SF-fb6lv7 ай бұрын
Ross, since you have plenty of capital, can I ask: What is your ideal account size? For that account size, $X, what fraction of X do you trade an your typical set up, 0.2X (under-levered) or 4X (fully leveraged)? Also, trade with account size X or account size 0.25X and use 4 times leverage on that 0.25X?
@alphaTrader.oo17 ай бұрын
8 to 10am.. is it means? 1.5hrs pre market 0.5hrs open market
@botyironcastle2 ай бұрын
minus 100K BECAUSE when someone wins others must lose, less than 10% of traders make profits
@L.F.williams-jx4db7 ай бұрын
AWESOME Clip, I Love, LOVE, LoVe it!! Thanks for sharing POWERFUL info!! U Absolutely ROCK!
@joez34287 ай бұрын
Im just starting my journey and your the only one that makes everything clear and gives me hope I can make it in trading to quit my 6-3.30 job
@jothornhill80397 ай бұрын
Hey I new to this do I need to open a live account in order to start paper trading?
@darrenholmes13987 ай бұрын
Hey Ross. Did you ever happen to do that live class? I filled out the survey but didn't ever get a link/notification. Thanks!
@tonyrichmond94287 ай бұрын
I was there. It was pretty good. All the same stuff in his free videos, but all at once and tied together. Lots of people complaining about the guy trying to earn some money, too.
@jermlim13247 ай бұрын
Hey , I’ve heard you say a few days ago that we should start trading at 7am. Now you say 8am. Which one is it ?
@dionboose7 ай бұрын
Respectfully, I don’t think he said “we should start trading at 7am”. Here Ross is breaking down his metrics and the trends that has led him to being a consistent winner. That’s not to say he doesn’t trade at 7am vs 8am, it’s just his data has shown better success for HIS trading. These videos are just a template to work from, but we must test for ourselves to see which work best for us. Hope try at helps
@ibenglish7 ай бұрын
It would be helpful for you to update the think or swim script you previously posted. The current one on your site is broken. Thanks 👍🏻
@daltonyz7 ай бұрын
Hey, Ross! Thanks for your video! Doesn't trading stocks that are priced $2-$20 is more riskier than trading large cap stocks? They are not as volatile and rangy as small cap stocks. Would you still recommend for beginner traders to work with small cap stocks?
@johnt697Ай бұрын
Do you have enough monitors? I hope you dont miss something..lol. Btw... good content.
@johnt697Ай бұрын
According to Schwab, my winning trade percentage this year is 92%... Is this any good ? :)
@PzvpatnikАй бұрын
@@johnt697not good at all. You need 100%.
@AustinSurvives7 ай бұрын
Hey Ross! Ive been watching your content for little while now and its so enjoyable i love it, you've motivated me to get back into trading again so ive funded me account with a little over 3k. I watch the daily movers and buy in when i think its right, I have made some money with that being said ive lost more then ive made... by alot, im now down 2k and have about 1200 left and dont want to keep adding more money to my account just to lose it.. Now im demotivated and scared to even try again because i feel like every stock i touch doesnt hold up. Can you give me any advice on what my next move should be
@AustinSurvives7 ай бұрын
@mrDMxtreme thank you for the knowledge brother. You’re 100% right. I guess it is a gamble right so as long as you can maximize your time in the game your bound to have profits
@dimitarkeremedchiev41397 ай бұрын
Hey Ross, thank you for the invaluable information you provide us. What do you think about Forex and how to adapt what you mention to Forex trading?
@melindapinner40356 ай бұрын
Ok. I am truly on board with the knowledge is power, discipline, patience. Does anyone know just exactly how many hours worth of videos warrior trading has to watch? I’m a full-time oil and gas accountant and I want to watch them but I need to break it out and make it manageable.
@masumkhan28517 ай бұрын
Secret source of your success finally revealed. It’s very useful lesson Ross ❤ thanks so much ❤
@rogerp14774 ай бұрын
Ross, do you day trade in stocks, swing trade in stocks, option trading, futures trading? If all, what %? Thanks.
@arthur-qm8qs7 ай бұрын
When Ross speaks I listen
@rupeshiisc7 ай бұрын
@Ross a few script you shared in one of videos, e.g. "RVSN", "NRBO" has average volume less than 4M. what is caution we should take care for such shares?
@jakedefenbaugh6037 ай бұрын
I’ve watched a lot of your videos and you made me a lot of money, but I think my trading days are about over..
@jakedefenbaugh6037 ай бұрын
Tbh I’m getting pretty bummed out, I make these trades and since I don’t have an account over 25k. I can only make 4 day trades a week, tbh my account would be into the thousands by now but then I have to watch my profits just vanish because if I make the trade I’m restricted for 90 days.. I’m just tired, I’ve worked so hard and I get nothing just a restriction and stocks I analyze for hours, is really for nothing
@Timefades17 ай бұрын
Best week I’ve had in years , thank god for cmeg, I made 277 trades yesterday
@elijahalexander39597 ай бұрын
Yesterday? Mercy me, how long do you trade?
@Timefades17 ай бұрын
it was one of those days i scalped like 6 diff stocks short and long lol @@elijahalexander3959
@Timefades17 ай бұрын
was like 12 hrs
@Mathelingua6 ай бұрын
what do you use to track your metrics? thanks!
@DaytradeWarrior6 ай бұрын
Ross uses Tradervue
@AS-pu7gj7 ай бұрын
NewYork Kill Zone ❤ 8am-11am Eastern Time
@elementalAlma7 ай бұрын
Are you trading on Eastern Us time?
@valsomeone21807 ай бұрын
He is. He lives in Vermont
@mrsaad3 ай бұрын
What percentage would be a good return on a monthly basis for day traders? Last month I made $62K starting my account value from $470K and ended the month at $532K in my 1st month starting as a full-time day trader.
@Metaltraderx14 күн бұрын
Is there a specific reason you are day trading stocks vs futures?
@123ElTriАй бұрын
lol when I started to trade I would go all in on a reversal with really bad timing and yeah…. I learned very quickly not to do that lmao 😂 I dollar cost average now …. Still all in but I do it bellow support. If the stock keeps going I cut my losses past a certain percentage if I’m trading in a high risk range but if I’m near the bottom of a range basically no man’s land. I go long cause I know especially in a good stock that the stock will bounce soon.
@albertofrancofernandezloza15367 ай бұрын
Blessings from Puebla, Mexico. 🇲🇽🇲🇽🇲🇽
@hamzehghazawi92537 ай бұрын
thank you
@dMessi.5 ай бұрын
Is that easter time zone ? 8 to 10 am
@PereraN2 ай бұрын
EST
@TruSktr4 ай бұрын
How much on average would you say someone with your skill level makes trading per year on average?
@DaytradeWarrior4 ай бұрын
It can vary. If you'd like to check out Ross verified statements you can here: support.warriortrading.com/en/support/solutions/articles/19000096593
@TruSktr4 ай бұрын
@@DaytradeWarrior That's so awesome, thanks! I'm new to trading, and I feel like if I put my mental abilities to trading instead of engineering (at a salary that is near ceiling), I might unlock more potential.
@whereismymind66967 ай бұрын
@Ross, doesn't the stats around time of day and price of stock etc just mean that's when/what you are trading and not necessarily the best time/stock to trade. In other words, If you only trade $20 dollar stocks, then your stats would show that all your profit comes from $20 stocks.
@whereismymind66967 ай бұрын
P.s. really love your videos. Read your book.
@DaytradeWarrior7 ай бұрын
That’s true but I had a trade a lot of everything to find where the data said I do best. Even now I still occasionally venture outside my sweet spot.
@whereismymind66967 ай бұрын
Cool, makes sense Ross. Thank you.
@blueboiiwonder7 күн бұрын
Man I wish you made this video a 5years ago would have saved me so much money 😂 this is the information no one really talks about I’ve come to the conclusion day trading isn’t for me more a long run guy have any tips to finding your own comfort zone ?
@DaytradeWarrior6 күн бұрын
Yeah really just finding what works best for you! we have a bunch of traders at Warrior trading that trade in ways they like! You can check out the trial here ! www.warriortrading.com/pro-preview-trial/
@Torontogonetosdon7 ай бұрын
What is bigger size?
@Reeldealslots1017 ай бұрын
im happy here. thankyou
@paramountx7 ай бұрын
I need to know this
@ismaelamaro77287 ай бұрын
How long have you been day trading full time?
@DaytradeWarrior7 ай бұрын
Over 10 years now!
@Nb617776 ай бұрын
What’s your typical account size, $50k?
@richardlaporte29137 ай бұрын
You still have to pay taxes, right? Which is like 46%.
@Torontogonetosdon7 ай бұрын
Short term capital gains ranges from 10%-37%.
@mikef11257 ай бұрын
I am so curious to know what Ross thought of the market today, and how he did...
@twinblade637 ай бұрын
me too. i know i definitely did NOT love it. lol
@elijahalexander39597 ай бұрын
@@twinblade63I loved it, caught some great scalps, +$500 in a small account.
@ShootStraight847 ай бұрын
I wouldn’t know just lost $2k today on fubo
@mgomez347 ай бұрын
I lost $45 dollars yesterday. I should have sold at a lower loss but I convinced myself to stay in only to see the stock bleed out.😢 The good thing is that I have other passive positions that can make the money back.
@Elasko4 ай бұрын
If you can answer, how much do you use in your account for your Day trading before taking some out?
@DaytradeWarrior4 ай бұрын
Usually around $40k-$60k it depends though.
@Elasko4 ай бұрын
@@DaytradeWarrior Thank you a lot for your honest answer! :)
@mranderson34412 ай бұрын
Did i just see 12mil account right now? 3:21
@kevinmckinney81477 ай бұрын
What time zone???
@japinise7 ай бұрын
Eastern time
@8thhousealchemist6007 ай бұрын
Happy Friday and 1st day of March 2024 ❤
@crimson.source3 ай бұрын
Thanks Ross. When you say 8am-10am, is the EST?
@PereraN2 ай бұрын
Eastern time for sure.
@MariaPalero24 күн бұрын
Did i just seeing this money
@virginiaharden7 ай бұрын
Is there a simulator we can use ?
@DaytradeWarrior7 ай бұрын
You can check out our simulator here: www.warriortrading.com/paper-trading/
@cz32499 күн бұрын
Agree
@maddumass7 ай бұрын
Success rate is very low so watching trading videos has been waste of time, ok.
@ross.580086 ай бұрын
Actually true. I was told ten months ago to invest loads into Tesla. Well I looked up some stuff, only put 3k into Tesla and at the same time, I put 3k into stellantis, europe. I'm down about 25% in Tesla, but I'm up 31% in stellantis, which also pays a good dividend. You won't get rich from watching videos. Do your own work. If you constantly lose, you lose. If you make money, keep going. Only EVER follow your own mind.🎉
@stevedallas34887 ай бұрын
I don’t understand. If the markets don’t open until 9 AM, how do you trade at 8 AM?
@jackoverton83437 ай бұрын
Many brokers have premarket trading. Webul opens at 4am, fidelity 7am, ect
@jackoverton83437 ай бұрын
Can't use stop loss orders and stuff + volatility makes premarket quite dangerous.
@TC168887 ай бұрын
Woo Hoo!
@infinitelyllc7 ай бұрын
❤
@MariaPalero24 күн бұрын
Coffee's for you and happiness alot more than one of years ago but have not fun 😁 it' in a new free online service payment