Simplest Day Trading Strategy for Beginners (with ZERO experience)

Want to Learn More ❓❓ Get info on My Strategy and Courses here: www.warriortrading.com/tradin...
I made over $10 million with this Momentum Day Trading Strategy. I look for the leading percentage gainers each day, then I evaluate the top 3-5 of them. I'm looking for a stock that has the following 5 characteristics:
1. Price between $2-20
2. Relative Volume at least 5x higher than 14 day average
3. Up at least 10% already
4. Ideally has news
5. Has a float of less than 20 million shares
Once I find a stock that meets those criteria, it's time to look at the chart. I prefer stocks that are above the daily 200ema, but will trade below the 200ema if they have a lot of room to squeeze up to that level. The reason I wouldn't trade something right below the 200ema is that it will serve as resistance.
If the daily chart is good, I'll look for an intraday chart pattern where I can establish an entry. My favorite pattern is the micro pullback. I trade this on a nearly daily basis. It's one of the best ways to get into a fast moving stock quickly. Once I'm in, I'll often add to the winning position. I like to add to my winners and cut my losers quickly. I take profit when I see a sign of weakness.
Signs of weakness include:
1. Big sellers on the Level 2
2. A topping tail candle wick
3. Bursts of sell orders on the tape
4. More than 3 halts up can mean a reversal is coming
This is not comprehensive to my entire strategy, but it's a good summary. I hope you found it helpful!
Before we continue...👀
💰Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money.
❗❗My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
❌Do not mirror trade me, or anyone else. Mirror trading is extremely risky www.warriortrading.com/why-mi...
🍏 All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.
✔️If you don’t agree with those terms and our full disclaimer - www.warriortrading.com/discla... - you should not continue watching our videos.
Still with me?
Now let’s dig into some helpful information …
What’s my story? ✏️ You can read it here: www.warriortrading.com/ross-c...
And check out my broker statements here 📝 www.warriortrading.com/ross-c...
Our website is filled with free info 🔎 Start with this guide, no opt-in required: www.warriortrading.com/day-tr...
Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class 💻 Register here: www.warriortrading.com/free-d...
Wondering what I think the All Star Day Traders out there have in common? 🏆 Read this blog I wrote www.warriortrading.com/all-st...
Chapters
0:00 Intro
0:42 The Simplest Strategy
2:54 Live Example
7:01 How to Find the Stocks
14:35 How to Find an Entry
17:30 Closing
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior

[@DaytradeWarrior]

Don't miss out on newsletter subscriber exclusives during our Anniversary Event- sign up now and you'll also get a digital download of Ross's book for free warrior.app/the-anniversary-list-2022

[@altela1597]

How do we know what time your entries are, to see what you are doing on youtube live?

[@bobbyroberts7574]

Dnt u need at least 25k to trade stocks?

[@pdorin1992]

What’s the trading platform that you use?

[@taemisuh4780]

What’s the coupon code for the warrior pro for A year of access?

[@nuttjobsucks245]

buy as much real estate as possible, land, residential homes

[@rasoolzahedi6761]

Correct in particular when you are new to trade. You must minimize your risks and get your profit piece by piece until you can recognize every single pattern.

[@DaytradeWarrior]

👍🤓

[@datznunayabeeznus8865]

Highest percentage gainers can often be volatile risky penny stock. Would you advise a beginner to trade those ? Sounds hella risky

[@bryanmoreno8166]

@@datznunayabeeznus8865 trade cheaply if you do that

[@ewlincueto]

​@datznunayabeeznus8865 you can trade anything, the issue is many do not use a stop loss and let the gree and hopium carry them to failures. Getting humbled is the only way to correct those issues.

[@Daniellewis0790gmailcom]

But why do you think you must minimize and how will that make you good profit from the market..?

[@nothingsomething9946]

I NEVER leave a comment but THIS REALLY IS THE ONLY CHANNEL YOU WANT TO WATCH TO LEARN DAY TRADING. Thanks for everything you show me!!!

[@DaytradeWarrior]

We really appreciate the support! Thanks for watching!

[@davefortenberry366]

I just love how well spoken you are on the topic. You truly are a teacher. Wish there was a strategy like this for Forex.

[@dereksinke8276]

Hi Ross! first off I cant thank you enough for spending the time to make these videos for us all to learn. I've been utilizing them for several months now and have a small account of my own going. However the main problem I have experienced so far is ,as you say, finding and identifying the right stocks in which to trade. I would really like to become a member but I would like to prove myself profitable on my live account and grow my small account before I make the investment. Is there some good and affordable scanning software you could point in my direction or is your scanner available for purchase? Any guidance you have would be greatly appreciated! and thanks again!!

[@carloseramirez9342]

Ross, thank you for your videos. I like your clarity and simplicity. I have seen a few of your videos and will continue to learn from you.

[@DaytradeWarrior]

Thanks, appreciate the support!

[@MCMLXXVII-]

Thankyou for taking your time to help not only myself, but anyone on this planet who is willing to listen to your professional instructions... By far the best instruction I have had the pleasure of learning from....truly excited to trade ......

[@DaytradeWarrior]

You're welcome Jack!

[@frankstephens5365]

I gave this strategy a try today and ended up making $600.00 today! 😀 Thank you so much!

[@DaytradeWarrior]

That's great! You're welcome Frank!

[@nateg2585]

Have you been continuing to day trade? What’s your results? Just curious, interested in starting!

[@frankstephens5365]

@@nateg2585 Welp, I ended up blowing up my account. More than once, actually...lol Bottom line was I didn't know what I didn't know, and it cost me dearly. But no worries. I went into this knowing setbacks are part of the game. I took some time out to rethink my approach. I spent months learning what I was doing wrong, and I'm just to the point where I feel I'm ready to give it another go....My approach is totally different now. No Margin Buying! Better Risk Management, A Stronger Support System, and a Much Smaller Scale. One other thing, I think I was too fixated on money before...Through immersing myself in proper learning, I think I've developed a real love of technical trading that I didn't have before. I now understand how difficult it really is and the level of dedication it requires. I think the fact that I'm still passionate about it after nasty losses tell me that this is something that I'm supposed to be doing. We shall see. :-)

[@diedratarney1421]

hey after reading this im curious as well if you've continued tour trading jounery and how its coming, im learning different stragies to trade with and seeing your comment gives me hope, im wondeirng how your doing today?@@frankstephens5365

[@feetfats1]

​@frankstephens5365 i hope it worked out for you?

[@catbishop206]

Ross, you are SUCH an amazing trader and Teacher!!! I am so grateful for all you do. It's changing my life!

[@DaytradeWarrior]

Thanks Kat, glad to hear that!

[@Haripalli]

Hi where we can stock scanner ? Which flatform you use for trading?

[@jasondratman5584]

Ross great video.. really appreciate your clear, to the point strategy. 😊

[@DaytradeWarrior]

Thank you Jason!

[@igotyoubeat]

Thank you for all the content !!!! This was very informative

[@DaytradeWarrior]

You're welcome!

[@alexjoseph8828]

Best video I have seen on the subject summed up in 18 minutes great stuff brother.

[@DaytradeWarrior]

Thanks for your thoughts!

[@ClarenceMcGowan]

It’s very nice to watch the indicator and trades work, thanks for sharing🌍

[@blacktycoon888]

Thank you very much Ross. You inspire lots of people with your success story and it's a pleasure to watch you still humble to teaching and trading. Wish you give us longer live trading videos in coming months.

[@DaytradeWarrior]

Thanks for your thoughts!

[@MrCountrycuz]

Ross I have lost way too much money and feel like just pulling the plug.@@DaytradeWarrior

[@kathyr.1721]

I recently found your website/KZbin channel and just wanted to say THANK YOU for all this free information! 🙏

[@DaytradeWarrior]

You're welcome Kathy!

[@r.arodriquez4392]

Thanks for all your great Information 🙏🏾

[@GreenStickStrategies]

Thanks Ross, you are an inspiration. Hoping to get into the warrior trading program this 2022!! Greetings from South America.

[@DaytradeWarrior]

Thanks for sharing!

[@lavonekroschel4939]

New to trade but love the content and feel more confident just watching and learning from your video! Thanks tons!

[@DaytradeWarrior]

Thanks Lavone, glad you're enjoying.

[@WilsonWells-yy8rb]

If you're interested in learning more about how they can help you grow your investments, feel free to ask me for their contact information. I'm more than happy to connect you with them and help you get started on your investment journey." 👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇 @PROFITSPETER2

[@VampirusX]

Finding the best daily picks is half of the rent! Indicator-based, pattern-based, a combination of both ... whatever works is the second half. Having your emotions in check is the biggest challenge! Having a solid, working strategy gives confidence staying in a trade (even with a pullback, temp consolidation), tighten the stop. In case of pullbacks pattern like ABCD are working great. I tighten my stop after the price is rising further. Trade smart and don't be greedy!

[@DaytradeWarrior]

Thanks for sharing!

[@luisRoma747]

Thank you Ross for sharing your powerful insight and expertise in stock trading, I look for you every AM.

[@DaytradeWarrior]

You're welcome Luis!

[@coachken6130]

Consistency is the key to success. Been watching for a year and a half and it’s good to hear you teaching what’s in your day trading book from years ago: low float, up big, with volume. Thank you

[@DaytradeWarrior]

Thanks for the thoughts!

[@catozachrisen4432]

Fantastic video. Finally something easy to start with. Much appreciated!

[@DaytradeWarrior]

Thanks Cato!

[@anthonymorford8804]

Thank you. You are making this an incredible learning experience.

[@DaytradeWarrior]

Glad you enjoy it!

[@christianworthinton8000]

You are a great and calm teacher! So much info to use. Just got to build a scanner that scans live social media and do the complete opposite! lol. Cheers.

[@QueenObio]

This was excellent! Thank you so much for the suggestions and confidence booster!

[@DaytradeWarrior]

Great to hear that!

[@sergiosellerio5847]

Great short video with very useful content, tips and suggestions. Thanks Ross

[@DaytradeWarrior]

Glad it was helpful!

[@user-kh7ty2yo8h]

👆👆👆

[@scotthenderson4376]

Ive been doing well on simulator with verticals but this seems so much better glad I found your channel

[@DaytradeWarrior]

Nice, keep it up!

[@zzzide]

Just dropping a comment for the algorithm. Thanks a lot for the tips and for the morning daily show!

[@DaytradeWarrior]

Appreciate that zzzide, you're a real one!

[@avilambez7399]

Thank you Ross for sharing this strategy with us, I am a beginner trader and this video is full of useful information and answered many of my questions. Really appreciate it.

[@DaytradeWarrior]

You're welcome!

[@WilsonWells-yy8rb]

If you're interested in learning more about how they can help you grow your investments, feel free to ask me for their contact information. I'm more than happy to connect you with them and help you get started on your investment journey." 👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇 @PROFITSPETER2

[@freddydee270]

Thank you for taking the time to explain this to us... You are truly a class act!!!

[@DaytradeWarrior]

Thanks for the thoughts!

[@WilliamusTrades]

You da man, Ross. Thanks for everything you do

[@DaytradeWarrior]

You're welcome!

[@tensity]

Thanks for the insight, Ross!

[@DaytradeWarrior]

You're welcome!

[@sissomd1]

Thanks, Ross. I always learn something in every one of your videos.

[@DaytradeWarrior]

You're welcome Donley!

[@tommyross8604]

Ross, I love your educational videos!! You do an outstanding job and you inspire me to be a better trader! Blessings, T. C. Ross

[@DaytradeWarrior]

Thanks for watching!

[@Technics_Trader]

Such great content always helpful many thanks Ross

[@DaytradeWarrior]

Thanks 🙂, my pleasure!

[@jstreett1]

Great content! Thank you for sharing!

[@foto21]

I figured this out before I saw this video. Totally agree this is the most profitable strategy if it goes right. You should focus a bit on how it can go very wrong if you enter too late in the cycle and get stuck in a giant downdraft however. Also, some low quality gappers do a lot in the premarket and just do nothing but die in regular hours. You don't want to be buying those at the highs of the regular hours open. Lots of newbies aren't facile enough with setting conditional stop market orders (main hours only) to GTFO and handle big down moves.

[@DaytradeWarrior]

Nice, keep working at it!

[@shawnhampshirehick101]

Good comment. Stop loss.

[@sarakelliewinston8242]

Here's my advice for newbies - or on the question of getting out of a losing trade: just cut it. you can always buy back in (depending on your account). Sometimes stocks do a micro-pullback, sometimes they do a sell-off - if you cannot stomach the loss of a nickel per share, cut at 2c. Did you notice that a stock might drop 5 - 7c before it pushes up 10 - 15c? Not all of them, though! There are many, many factors that only experience can tell you. How do you know when to get out? Before it hurts. Before it's "too much". Keep your eyes on the chart and your finger on the Sell hotkeys. If you don't know the difference between a trailing stop and all that, study more. Learn it in the paper platform - just watch the chart. watch the ladder. watch the volume. Ross doesn't teach everything everywhere all at once! There is so much to learn. Ross's videos are not for brand-newbies, necessarily - there is a fair amount of work that goes into this. Don't risk your cash dollars on a whim - educate yourself before you risk it, and you will be trading like a Warrior in no time!

[@tinfro]

A lot of solid advice on this video. As someone who has just started out in the past month, it’s great to hear everything simplified so I can make sense of it. Thank you! 🙏🏻

[@DaytradeWarrior]

You're welcome!

[@liltinkie9361]

can you tell me how it’s been going these past five months? any tips? thank you! just started

[@tinfro]

@@liltinkie9361 I’m still trying to get the hang of it on a demo account. It’s been very up and down. 😉

[@liltinkie9361]

@@tinfro i’ve made 8000 dollars since i commented that. 😉

[@markmizesko7536]

@@liltinkie9361 You being for real?

[@TheGreatTomDix]

Appreciate you teaching!

[@DaytradeWarrior]

Thank you!

[@deanskivington]

love the light with live prices in the refection

[@sandravoskan3639]

Ross, thank you for these tips. So I'm listening to you as you review the day's performance on various stocks. I sit here and say it's easy to look at and understand after all is said and done. BUT...what about in the heat of the moment when you think this is an active stock going up or squeezing up and it does the exact opposite and goes down. Nothing more frustrating knowing I'm losing money. How do you know when to get out? How can you tell its about to go down? Or better yet, after the first pullback you invest only to have it drop. Thank you for all your input and advice! I'm trying. I guess to say that I even have some idea of a question to ask means I'm learning from you.

[@DaytradeWarrior]

Thanks for the thoughts!

[@s.t.5389]

@@DaytradeWarrior I would love to see your answers for his questions?

[@Intellistan]

@@DaytradeWarrior what?

[@SuPaF1SH]

@@Intellistan I think taking his program will answer your questions.

[@quincyleake4362]

Ross, your videos are unreal and have been the biggest help to new trader like myself.

[@DaytradeWarrior]

We're very happy to hear that!

[@MikeJones-nf5sp]

Thanks Ross. Great info, much appreciated!

[@DaytradeWarrior]

You bet Mike!

[@janetmaddock5070]

Been watching videos to learn trading for the last month,this is by far the best!

[@DaytradeWarrior]

Awesome Janet!! Glad to hear it.

[@frztrading]

Quite interesting and educational content for traders TFS!

[@DaytradeWarrior]

Glad you enjoyed it!

[@baritony8763]

Seems like a good strategy. It explains why some of the people I know are trading pennies/small cap and I assumed they were doing it for other reasons.Thanks.

[@DaytradeWarrior]

Hope you enjoyed the video!

[@seti48]

Excellent presentation. Thanks.

[@ShanraePrice]

Thank you I actually understood your teachings.

[@DaytradeWarrior]

You're welcome, glad to hear that!

[@bighomieced4277]

@DaytradeWarrior ...Ross, you mentioned documentaries about the history of the stock market in your warrior pro trading course. I think it's interesting as well, can you name drop some of the documentaries to check out ...? Thanks.

[@DaytradeWarrior]

Not sure which ones Ross was referring to. If you email the team at [e-mail] we can help with this.

[@saadbenkadda655]

you are the best I wish i had know your channel before . thank you

[@DaytradeWarrior]

Thanks for the support!

[@anacrosby8951]

great points as always, thanks

[@DaytradeWarrior]

Thanks for watching!

[@garymacdublin]

great stuff Im completely new having just setup paper trading for the first time in trading view so here goes!!! thanks

[@winterparkco2709]

One of about five people on KZbin that gives the correct advice. Thanks Ross!

[@troha6395]

please tell me every channel you find useful for daytrading and trading in general

[@DaytradeWarrior]

Thanks for sharing!

[@Loyaltytrades]

@@troha6395 true trading group ttg

[@Brandon-cb7xq]

What are the parameters for your ‘Top Relative Volume’ scanner and ‘Top Gainers’ scanner?

[@DaytradeWarrior]

While the parameters are not made public, Ross discusses how he uses the scanner in our Warrior Pro course. If you haven't had a chance to attend yet, the best way for you to learn more would be to join us in the next live 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/

[@arzatejorge6]

Great insight… keep up the great work!

[@fabioferreira8391]

Fantastic and so smart teaching about what makes stocks move! and he is always teaching. Although I am not one of his students I watch every single video he posts. and I am a self thaught person, and I would say that this guy is the guy that had thought me the most on the last two years. His attention to detail is fantastic and does not compare with other people that are just trying to show you their Ferrarys???..! And after two years after trading constantly I finally come to really understand things he was saying one or two years ago that never understood before. If I ever had heard the intrinsicacies of problems with trading I woudn't had lost what I did. I think we are crave for his teaching and how to get there, like he said: "you hold your loosers too long,.... and yes we all hold on to our loosers for too long before realizing is time to let it go!!! Thanks! and one more thing: what kind of a person would be posting every week several videos including on a Sunday on the 5/6pm? I think this is just for loving to the trade!?

[@DaytradeWarrior]

Trading is a journey that is for sure, and loving what you do is an important part of staying in the game. Thanks for sharing.

[@tradergirl7067]

Almost a million subscribers! Awesome sauce Ross!! 🥳

[@DaytradeWarrior]

Thank you!

[@michaellawrence883]

Thanks Ross for the amazing video. In regards to one minute time frame, if I don't close my position on a particular trading day and it extends to the next, will there be financial implications (like charges) on this?

[@DaytradeWarrior]

You will need to check with your broker on which fees might be imposed

[@michaellawrence883]

@@DaytradeWarrior okay! Thanks.

[@jamiechu-ku3ul]

I am 47 and always have been a mutual fund trader but want to learn to day trade. Thanks for the great information and I like your channel...Jamie

[@goncaloveiga]

That was helpful. Thank you!

[@DaytradeWarrior]

You're welcome!

[@WebDevSurvivalGuide]

Great video! I am still a bit confused on one thing though. What is the difference in top gappers vs top % gainers, and which one should beginners focus on more? How would one set up a top gappers scan on a platform like TOS? Thanks!

[@DaytradeWarrior]

The top gappers is a premarket scanner and stops running once the market opens. The other scanner keeps going through the day

[@brandenparnell4897]

Where do I get the scanners?

[@sloht4061]

@@brandenparnell4897 he said he and his team built them but there are loads of scanners out there. I'm unsure if any are free tbf because most who make them know how valuable they really are.

[@loganyu7117]

not a trader but believe top % gainers are the stocks that gained most in this trading day, while gappers are the stocks that jumped the most while market was closed.

[@CBHPwnz]

Your vid encouraged me. 😊 I might try to start buying and selling on a practice site for 3 - 6 months, then if I start coming out profitable ill go for the real thing, thank you !

[@DaytradeWarrior]

Awesome, happy to hear that!

[@tengabonggideonkedjurgideon]

@@DaytradeWarrior Hi

[@alinaburova3983]

amazing start for every trading lover! You increase your understanding and professionalism with this guy's videos

[@DaytradeWarrior]

Thank you!!

[@JM-et1jk]

Awesome video , top notch content!! Thank you!

[@DaytradeWarrior]

Thanks for watching!

[@rezine9300]

You got me hooked Ross

[@DaytradeWarrior]

Thanks for watching!

[@steveedelen3251]

Thanks Ross. You are the Man! That was a great Video. Been following you for a while now so it was like a review for me. A needed review to keep things fresh in my mind. 🙏 thanks

[@DaytradeWarrior]

Thanks for your thoughts!

[@inkfromthebrain]

I learn the most from your videos, thanks!!

[@DaytradeWarrior]

You're welcome Steven!

[@hardtoget410]

Hi Ross! thank you so much for your good video . Could you please share with us which scanner you are using, because may be I'm the only one couldn't find on the video or below video description

[@Aziz-bt3ei]

I took three pages of notes on this video. One of the greatest videos that I've ever seen. Definitely will use this whole strategy to start making me some money. THANK YOU!!!

[@DaytradeWarrior]

You're welcome!

[@rockymountainray9630]

It's called the VWAP, 9 EMA crossover

[@AS-mt7vp]

@@rockymountainray9630 anybody tested it? Best profit risk ratio?

[@jdub8305]

I understood almost nothing, I need a pre beginner video.

[@SageClark-nb5jo]

hey man absolute beautiful learning course for a beginner like myself came into it not knowing anything and now i have half a notebook worth of notes and i really do appreciate it man your a big help not only to me but a bunch of others and i would love to get into this full time and make this my job. however i am only 15 and still have a lot of learning to go but i will gladly sit down and take notes on your videos for hours and actually implement them into my paper stocks account.

[@DaytradeWarrior]

👍🤓

[@drvwoodworks]

Fantastic videos, as always. I'd love to day trade someday. I'm very fascinated by the market and do retail trading. Definitely plan to watch many more of your videos. Thanks so much for helping us little guys👍

[@SaadonAksah]

Thanks for the tips! 👍

[@DaytradeWarrior]

No problem!

[@EvanEvansE3]

I think it would be a good idea for you to cover when to stop out... especially for new traders

[@DaytradeWarrior]

👍

[@ewlincueto]

Just use 1% rule. Once you get comfortable, you can risk more

[@ms9ita]

Great content as always. Thanks Ross!

[@DaytradeWarrior]

Thanks for watching!

[@abellahheru2764]

Thank you for the video!!!

[@DaytradeWarrior]

You're welcome!

[@btoddw2]

Thanks for taking the time

[@DaytradeWarrior]

You bet!

[@josephgilbert2208]

Day trading has given me so much disciplined and success using the right strategy to trade.

[@PaulSmith-nq1id]

what strategy do you use currently?

[@DaytradeWarrior]

Nice, that's great to hear!

[@_Wwwmarclino]

Hey I want to know about this thing but honestly KZbin is not helping how did you start this

[@josephgilbert2208]

@@_Wwwmarclino i got started with CatherineFX my mentor and which I can refer you to her to help you get well enlightened about the market.

[@PaulSmith-nq1id]

@@_Wwwmarclino I can give you a lead

[@WaltersPeter]

Ross you are the best. I Have been learning everything from you and my knowledge of your strategy is 100%. Easy and very profitable strategy.

[@FabianZR2]

@@yagirlllwavy first hour

[@DaytradeWarrior]

Thanks for the support!

[@JerryMDean]

Great stuff! Thanks

[@DaytradeWarrior]

Glad you liked it!

[@winstonloke2860]

Thanks for the tips.

[@DaytradeWarrior]

You bet Winston!

[@aleksandraway8609]

Hello, Ross! Your videos are increbible, they help much! I'm just a beginner and would like to practice in a simulator. Could you please recomend some good simulator? Thanks very much!

[@DaytradeWarrior]

www.warriortrading.com/paper-trading/

[@vikuznetsov]

Nice video, Ross. Thank you for all the knowledge you've been sharing on the KZbin. I've got a question tho, what's the name of this platform?

[@TradingwithAustin]

I believe he uses Lightspeed’s trading platform

[@michigan1947]

E-signal charts

[@DaytradeWarrior]

Ross is using Lightspeed for his broker and eSignal for his charting

[@jmartinez562]

Excellent Video! He's a Solid Coach

[@DaytradeWarrior]

Thank you!

[@Kathy-Daniel]

Hi Ross, I’ve been watching your vids and I’m appreciative of your teaching style and the level of detail you provide. Are you still doing the morning show? One question I have is why scalpers, especially those relatively new to trading, should accept ANY downside risk on positions? It seems to me that since the goal is to get in and out quickly, if the stock doesn’t move in the expected direction, getting out at an effective break even, is fine. So my question is why not set the stop loss SUPER tight? Pennies even. I get that the stock may have a mini pull back if you get the timing wrong on the initial entry, but it seems like you just move on and get it right on the next entry. Seems like there is no real reason to accept much or any risk when trade commissions are basically zero for someone like me. Thanks in advance!

[@brandongold6180]

On something like this, what stops you from buying low and waiting a little longer to sell. Is it a saftey measure just incase it goes red?

[@DaytradeWarrior]

Ross sells because he's afraid the stock might dip further and he'll lose even more money. Ross doesn't swing trade, meaning he doesn't hold stocks overnight, or up to a few days.

[@IsTx26]

Wait for a clear support and keep an eye on the nasdaq, s&p, and dow to see how the overall market is doing. Also have a cash account so you can get in and out of trades when you need to. 👌🏽

[@turtlegang6994]

Can you suggest a simulator to use please? Im a beginner. Also can you trade on the tablet or is it easier/better on a computer

[@DaytradeWarrior]

www.warriortrading.com/paper-trading/

[@turtlegang6994]

@@DaytradeWarrior thank you, that was fast

[@dv287]

Great video I’m new to day trading and I learned some new stuff from this video.

[@DaytradeWarrior]

Glad to hear it!

[@Jcrusadr]

Thanks Ross - your day trading strategy principles has the best potential for profit!

[@DaytradeWarrior]

Thanks for your thoughts!

[@leet0809]

LOL. You are right! "Potential" for profit. But remember, there's A LOT he is not telling you in this video. That info can be acquired if you join his trading school program, which costs $7K.

[@ShooterDiver300]

What’s the average amount of time you hold a stock on your day-to-day trading

[@DaytradeWarrior]

If you haven't had a chance to attend yet, one of the best ways to learn more about the details of Ross' trading strategies 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/

[@cryptoethics]

Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

[@DaytradeWarrior]

🙏

[@stellastella3770]

Accurately spoken

[@stellastella3770]

Trading in forex requires an expert, account analysts or you gonna win today and blow off your entire account the next day*_

[@bestgreen2239]

Trading in forex requires an expert, account analysts or you gonna win today and blow off your entire account the next day*_

[@williamsphillips4608]

Am I the only one who doesn't understand forex trading? Watching a documentary about it now and still don't know how to get it right🔗

[@trommelbiel]

I really enjoy your teaching style

[@DaytradeWarrior]

Love to hear it!

[@rianedelacruz5722]

Thank you so much for making this video it help me alot specially im a rookie on trading so thank you so much.

[@DaytradeWarrior]

You're welcome!

[@MillerEnterprises-mo9rp]

What Trading Platform do you use?

[@DaytradeWarrior]

Lightspeed: www.warriortrading.com/lightspeed-trading-review/

[@ryanwood74]

When telling your listeners of PIK's float under "BAMSEC" filings of 7.6 million, its actually the number of total shares outstanding you were referring to, not the float. You can double check it in "Yahoo's Statistics" where the float is 6 million and the Shares Outstanding is 7.6 million

[@leet0809]

Good catch. But when I look for a low float 6m or 7m they are all the same. I just need the rough range.

[@DaytradeWarrior]

Thanks for pointing that out!

[@traceyhilder3426]

That’s Ross I’m new to your channel looking forward to learn from you . Loved your back story plus your “ oh girl furbabie love her smiling on another video I’ve watched Thanks for your free book just downloaded

[@DaytradeWarrior]

Thanks Tracey happy to have you here learning!!

[@margaritakalashnikova8728]

Thank you very much for such interesting material, I will follow new posts.

[@DaytradeWarrior]

Awesome, thank you!

[@mulemule]

2:40 Topic details begin.

[@DaytradeWarrior]

🙏

[@kairo5210]

The video was easy to understand. Thank you for sharing your knowledge and strategy. I have a question about the PDT rule. If I am not a US resident but open an account with a US based broker such as Interactive brokers will I still have to adhere to the PDT rule? I am very grateful for the content Thank you!

[@DaytradeWarrior]

Yes you'd be trading within the PDT rule. As you may 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 kzbin.info/www/bejne/eXWzqXd5gq2AZ5I 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!

[@kairo5210]

@@DaytradeWarrior Yes thus makes more sense. Thank you for replying.

[@user-lb5uz6xx8m]

Im new to trading and this video gave me a little push to learn further.

[@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/

[@jaeme677]

Excellent video. Subscribed 👌

[@DaytradeWarrior]

Thank you Jamie!