Moved from paper trading account to a live account on thursday. Started with $370 and made $44 the first day. Yesterday i made a further $23. Purely trading micro pullbacks, momentum. Still aiming for 3% day, but so far exceeded that! So excited for the coming months to see if i can continue. Including both paper and live, been green 22 of the past 24 days at an avergae of 4.7% per day. Thanks for all the info Ross.
@DaytradeWarrior3 ай бұрын
Excellent work!!
@matthewcaskey10513 ай бұрын
Aim for 10% once you hit 3 then 5 then 8 etc... but be picky look for your A+ strategy and play big on them!
@paulforsell51973 ай бұрын
Yeah you need A+ set up , A+ approach to buying , and then A+ risk management or knowing when to take profit or cut your loss
@subby41223 ай бұрын
@@matthewcaskey1051 no need, sticking with 3%. At an average of 3%, 100k plus is achievable in a year. Even in a cash account.
@ryanrimmer40133 ай бұрын
killing it... congrats
@jesusnieto69113 ай бұрын
Ross I've been watching for about a year now. One year ago I was at the lowest point of my life your videos and how you trade really helped me control my emotions irl and also trading kept my mind busy learning something new. I'm super excited to say I'm at much better position today mentally and super ready to start trading real money I funded my first account just $200 (it's what I had) but I made .10 cents on my first deal trade which was my goal. I just want to say thank you so much I wouldn't be where Im at without you. I still have so much learn and still continue to watch your videos old and new. Hopefully someday i can get into a position to afford your program because I truly do believe in it and you.
@DaytradeWarrior3 ай бұрын
Thankyou!
@ITSFRICKENADAM2 ай бұрын
Keep it up!. Let those gains compound and before you know it you'll be trading with $400, then $800 and so on.
@stehumeАй бұрын
They are very nice words to the channel. Im new to all this and just come across this channel and he talks in a way that I can follow him.....Hope that you are still doing well
@leffnut5513 ай бұрын
Instant settlement would really be a game changer for us trying to grow a small account or just getting started.
@Tequila_Brad3 ай бұрын
Insant settlement would allow red days to be career enders
@leffnut5513 ай бұрын
@@Tequila_Brad How so?
@TSBooger3 ай бұрын
@@leffnut551 win. get cocky. cocky - bad decisions. bad decision - red. red - owe money on leverage. (beginners)
@Tequila_Brad3 ай бұрын
@@leffnut551 if you are in a tailspin and don’t have self-control, you continue to take risk
@jeremyprice96877 күн бұрын
Same problem here , and I disagree with the other guy, when I lose a trade I just stop myself for the day. Right now I’m only able to make one trade a day because of unsettled funds 😆
@kalopsiac44143 ай бұрын
I’m theoretically 1 week away from going from sim to a cash account, theoretically because it’s if I can keep my accuracy up (overall 68%) and p/l (overall 1.3:1 currently) that I have in the sim from the last 4 weeks. Consistently hitting my daily/weekly goals, this week was crazy I had 88% acc and little over 17:1 p/l averaged over the week, market definitely heated up! Very thankful to be able to learn from Ross, very thankful for T1 to make this upcoming transition possible. I’m not usually one to actually start anything and learning for months and months before even dedicating to sim seems to be paying off so far, we will see how it goes! Good luck out there everyone
@DaytradeWarrior3 ай бұрын
Great job !
@romycolorado2 ай бұрын
And here I am down $5k playing with my real money. I'm about to invest in Ross's courses. That's it. Trading rehab stat!
@kalopsiac44142 ай бұрын
@@romycolorado good luck!! Sounds like trader rehab/sim is the way to go. I watched all his class type videos on here, some multiple times you can get a lot out of it without spending a dime, and while some people say he says the same things a lot, to me it speaks to his consistency and how his strategy really does work if you work it. If he said something in 2020 and hold to it through the fluctuations over the years I think it speaks volumes to the strategy. I did read (listen to) the book then get Warrior Starter while it was on discount, personally structure is really good for me so I enjoy it a lot. The software is 100% worth it in my opinion as well. I’m just starting small with a cash account and day 4 was today, only 100 share size aiming for 10c moves/day and I’m up 5.7% ($56.52) on 1k so far. Good luck in trader rehab I hope it goes well to get you back in gear 💪 rooting for you
@lekhamurad94883 ай бұрын
Ross. Really you are beautiful teacher. God bless you. Thank you so much ❤❤❤❤❤
@melvinmoorman45123 ай бұрын
Ross! Using what Ive learned from you has been the missing piece in my journey. Its like combining a compass to my map. Im trading in a very small cash account. Trading mostly 1 time per day. Becoming more disciplined everyday while I wait for high quality setups. I’ve mitigated losses and minimized their impact because of the setups. This month has been my highest percentage of wins to date. I really appreciate what you share!!
@DaytradeWarrior3 ай бұрын
Great!
@bryonseverns59193 ай бұрын
It is so much slower to sell/buy in cash account. It totally changes my psychology and causes me to avoid taking risk in cash account because I know it will be hard to switch to a different stock.
@derekcitrano76513 ай бұрын
I’m using think or swim paper money. Is it slower to get in and out of trades on a real account?
@rillyjo58103 ай бұрын
@@derekcitrano7651it will be same. But if they find you with 25k then you most likely have a margin
@theoaketree42463 ай бұрын
I've recently made an IBKR account and I've been trading on their real and paper trading accounts, and I can safely say that getting in and out of trades is easier/faster in paper trading. I forget where I heard this but I remember someone saying that it's because in paper trading, your order goes through as if you were one of the orders that got filled as the real market hit your price, however, on a real account you are one of the people fighting for a spot to get your order in, and not all orders get filled at the price everyone wants.
@DaytradeWarrior3 ай бұрын
Yes exactly!
@lukebuckler988215 күн бұрын
You're not aware of this… But you have become my best friend. I love your videos. You are an excellent instructor. Thank you so much for all the information.
@NotWithinNormalLimits3 ай бұрын
Hey Ross, just wanted to say I really appreciate your enthusiasm. I can tell you enjoy what you do and it shows. You’re a great teacher!
@cjack2020033 ай бұрын
With the new PDT rule, you can basically day trade as much as you want....if you have the settled funds. Funds settle next day now! Very noice. Additionally, I only trade with settled funds. I don't care what my leverage is...I only trade what I actually have. "All day traders use margin accounts" Incorrect. You don't need a margin account to day trade. You need a margin account to short.
@ncb10033 ай бұрын
I've traded from both margin and cash accounts, and have found that cash accounts are much like honeybees. You can't take advantage of selling on the peaks and buying on the dips. Once you've used up your cash for the day, one sting, and you're done. With margin accounts, you can buy and sell as much as you like, and take advantage of the peaks and dips that unfold during the day. When using margin accounts, I've never traded above the cash that I've had in my account.
@sktx2cali3 ай бұрын
I stayed up pretty late studying your past videos last night. Bro you got some gems for sure thanks Ross
@EMDream19903 ай бұрын
I've been following your teachings and I'm slowly making progress. I had my first big win on Thursday. Thanks for teaching me how to fish. I read your book and I'm reading Annie Dukes Thinking in Bets now. I'm looking forward to continuing to learn from you and eventually joining your community.
@wingchun1hopgar2taichi3jj43 ай бұрын
What a great trading teacher. Thanks for helping so many of us.
@AlexJhonas.Official3 ай бұрын
Informative video! Building a small trading account requires patience, but eventually, PDT rule restrictions and cash settlement issues arise. In this case, transitioning to a prop firm account is often the best solution.
@Woodlouse17043 ай бұрын
Ross - eternally grateful for these classes. Proud of you this week mate, well done! Keep it up! Hope we see the stripey shirt next week!
@StevenShih_Google3 ай бұрын
I started practicing with $200 and trying to come up with a plan. I started this game with $3,000 and made $165 yesterday buying ATNF and PEY. Very smooth and fun
@cashmonyz3 ай бұрын
Ross thank you for encouragement and strength to move forward. Quality is the way to go.
@jstreett12 ай бұрын
Ross, thanks again for another great video!You're a great teacher!
@mkey-j6n3 ай бұрын
Hi Ross, been watching your videos daily. While I appreciate the mini class you do for the ones that just found you and are just getting started, it would be nice if you can talk a little more on the recaps about the actual trades. Like a few seconds pre-recorded snapshot of what the chart and level 2 were doing when you decided to take the trade or what made you get out, and for think or swim would be nice to know when you hit the buy or sell button if you got filled at the price you were hoping for and what was the actual fill price. Thank you for all you do.
@ap38853 ай бұрын
That's why he offers the Warrior Pro Course for those that are ready to take it seriously. It shows live trades.
@mkey-j6n3 ай бұрын
@@ap3885 Im not asking for anything he hasn't done in previous recaps.I Know the course offers live trades and Im glad for those who can afford it. Just because someone can't afford the course and subscriptions doesn't mean they're not taking trading seriously.
@DaytradeWarrior3 ай бұрын
Hey! You can check out the 2 week trial of the Warrior pro bundle it includes lots of education as well as access to the Live stream with me, chatroom, scanners, news feed, charting and more! www.warriortrading.com/pro-preview-trial/
@TomBurris-um3hf3 ай бұрын
As always, thank you for the great information. I am almost ready to try a 2 week trial. Want to take more notes and learn a bit more first
@DaytradeWarrior3 ай бұрын
Hey! The 2 week trial is great for anyone looking to see what warrior is all about! you will have access to the Live stream, chatroom, scanners, news, charting and more!
@TomBurris-um3hf3 ай бұрын
@@DaytradeWarrior thank you!
@growthop3 ай бұрын
Ross, I have a lot of respect for you. You are an excellent teacher. I wish there was an opportunity for an expanded exchange of ideas and concepts.
@jamesperkins98333 ай бұрын
Just thinking out loud here, but I suspect working with one to two trades a day and maintaining that discipline to focus on A+ quality setups, allows us to learn how to deal with FOMO at the same time. Watching stocks that may not fit the quality set up we’re looking for that are taking off and avoiding jumping in when it really doesn’t fit the quality setup helps further develop discipline we need to be successful. Thanks Ross.
@troublesome1083 ай бұрын
I'd be very interested in seeing your strategy. I've enjoyed watching your videos. I've seen other videos about candlestick reading, but yours went in more in-depth, and it made them easier to read! Thank you!
@iamshaker3 ай бұрын
Hey Ross, saw your webinar yesterday. Given the amount of people at warrior trading, do you think that the volume that comes in when all of you jump into a trade simultaneously, whether directly or indirectly, manipulates the market? Especially during pre market hours?
@regianedasilva55332 ай бұрын
Great Teacher!!! Thank you
@Goddamnyougoogle3 ай бұрын
Hi Ross, I’ve been watching your videos for a while and whilst I agree with your perspective…. I feel it is lost in translation for international traders. I just want to highlight my issue: It’s worth noting accessing margin accounts as international trader to be able to trade NASDAQ (whilst trying to get around PDT) is impossible. So, that’s off the table. I agree on the solution: funding cash accounts with brokers BUT this the. Sku’s your results… For example you had a BP: 3,500(ish) but made $120-$180(ish) …. Can you show the percentage you actually captured on those days? And the BP actually used in the trades? I know it’s only minor but to me it’s not adding up. I’m a big fan of your strategy and have gone green using it … but the setup was an absolute ball ache to figure out. There’s so much misinformation out there and it’s more of a mine field being an international trader. If it can be cleared up I think it could make life a lot easier for international traders like myself. Cheers 👍🏼
@DaytradeWarrior3 ай бұрын
Hey! International traders have many offshore options to access margin accounts with some direct access brokers!
@KjKj-ce4wz3 ай бұрын
I'm brand new to trading and your videos are beyond helpful. The way you explain things is so great and easy to understand. By far the best youtube channel i have found for learning. Thank you
@DaytradeWarrior3 ай бұрын
Great to hear!
@milesaustin4710 күн бұрын
Do you need to use a certain US Broker to do trading with a cash account. Im using Webull and they still only let me trade 3 trades every 5 business days. Or am I doing something wrong?
@adamsfamilynfun1409Ай бұрын
So if I switch to cash account, I buy and sell a stock Monday, I’m able to use that money that I used Tuesday? I was under the assumption it was that’s trading day plus 1 business day. Which I thought meant it wouldn’t be available till Wednesday. Please let me know asap! I don’t need leverage right now, but hate the pdt rule
@DaytradeWarriorАй бұрын
Correct it will be available next day!
@matt39353 ай бұрын
How do we get your ebook after the webinar yesterday? I recueved the email but I dont know how to retrieve the ebook.
@freddierichardson63233 ай бұрын
Question the buy buy sell sell being one trade , does both buys have to be of the same stock
@rustypotbrewer47433 ай бұрын
Hi Ross. I love these courses you run. Could you possibly have a course explaining A+, A, and B setups? Or does that course exist already?
@dean74683 ай бұрын
I stumbled onto your video. I’ve been following a few traders which have very helpful but this one video has a lot of good information!
@DaytradeWarrior3 ай бұрын
Glad it was helpful!
@dean74683 ай бұрын
@@DaytradeWarrior you seriously offer a LOT! New sub !!!
@johnnygadalean59683 ай бұрын
Ross is have question! on cash account would I get kicked out from market if I put a stop lost on option trade or I’m allowed to do so ?..thank you
@GiorgioHolderegger3 ай бұрын
Hi Ross, I have a question. If I take the 2 Week trial, can I see you doing the trades live? thx
@lionlamb27023 ай бұрын
Did trial, yes
@GiorgioHolderegger3 ай бұрын
@@lionlamb2702 thank you :) i will try it out
@DaytradeWarrior3 ай бұрын
Hey ! Yes the live stream is available for 2 week trial members!
@shark619ifyАй бұрын
Yeah May is around the time I first started trading and was stuck with a margin account until I discovered the T1 rule change so I opened a cash account also and thats what i primarily trade in and if I run out of settled funds I just transfer money over to the Margin account and use some PDT days...because funds are automatically settled in a margin account and before the end of the day transfer money back to cash account to settle for next day.
@darrenholmes13983 ай бұрын
Sometimes I hate the PDT rule and feel restricted but it also provides a measure to limit overtrading and those spiral days are naturally limited some.
@honor_over_glory75302 ай бұрын
so if i wanna make the most money with a small account do i need to look for stocks that are 1$-20$ an hope they go up?
@joellindquist98533 ай бұрын
I'm curious would it pay off more in a small cash account like yours that I limit myself to 1 A quality trade per day over 5 days a week or switch to margin but only make 3 trades a week instead of 5. Seems like leverage would still come out ahead even if it's only 2x leverage.
@DaytradeWarrior3 ай бұрын
It is hard to say exactly but the issue is margin can also cause larger losses and when using a cash account you have the availability to trade every day!
@rizwan1013 ай бұрын
Ross, being you are answering questions, could you please answer mine? I have had a burning question for a long time - why don't you trade by having a max cumulative loss on day instead of a fixed amount i.e -5k , I think you would make more money with adding up your combined losses regardless of your profits on your day. What are your thoughts?
@DaytradeWarrior3 ай бұрын
That’s an interesting thought. That could work well except for the days when the market is really hot and I take bigger losses but also have much bigger winners
@ICPolyman3 ай бұрын
Ross, is that a $25k balance by the end of the day? IOW what if your right on the line, and your buying power dips below the $25k, but at the end of the day your at or above $25k ?
@DaytradeWarrior3 ай бұрын
If you're trading within the PDT rule and you dip below you can now only trade three times within a five day period. Once you get above $25k you can take unlimited trades again.
@lawrenceebo62613 ай бұрын
Ross, Thank you. I have learned so much from your teaching and you are one of my mentors. Thank you for wanting to be a teacher and an educator. You are great at it and I appreciate people like you. You could teach at the College Level with the skill set that you have. I have been trading for over 6 years and in my 5th year I have become very profitable thanks to you and my other mentors.
@financialhealth83 ай бұрын
Ross, I have a stupid question, you mean 4x or 6x leverage for selling or option put?
@graehart3 ай бұрын
Whats interesting to me is I have a margin account with zero leverage and still have to obey the PDT rule. I like your idea of separating leverage and shorting from margin. Would this be something to put before congress or regulating bodies?
@manojumaeku3 ай бұрын
Can we consider the $ drawdown in a trade as an indicator for the quality of setup ?
@DaytradeWarrior3 ай бұрын
You could but it could but $ drawdown would be also related to the share size !
@adamsfamilynfun1409Ай бұрын
Can you keep switching it between margin and cash account? Can you do the 3 trades on your margin account and then switch to cash account and trade till those 3 trades drop off and then switch back to margin again and keep going back and fourth? Or would that be pointless?
@DrSchorАй бұрын
you can always do pointless trades, there is nothing to stop you
@AmielCronin3 ай бұрын
Thank you so much for this amazing video! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
@woodandtable2 ай бұрын
With the new small account, I noticed 4 trades in 1 week. Isn’t 3 the max per the rules? Thanks.
@DaytradeWarrior2 ай бұрын
Cash accounts settle overnight! or 1 trade per day assuming you use all the cash balance
@Beauchot783 ай бұрын
mind blown on round trip explanation. wow
@sokhenserey9938Ай бұрын
Hi Ross, I am a new day trader. How do I start with a simulation trader?
@DaytradeWarriorАй бұрын
www.warriortrading.com/paper-trading/
@layeekromah53323 ай бұрын
With a small account what should be % of stop loss?
@vinay.a3 ай бұрын
Will u enlighten us about option trading BTW big fan of u Ur videos really helped a lot to improve
@xoxUnD3R0aThxox3 ай бұрын
hey Ross do I still need a broker account or are you also a broker? I live in Canada, which broker should I use?!
@DaytradeWarrior3 ай бұрын
Hey a bunch of the international brokers are available to Canadian residents! warrior is not a broker we offer the tools like scanners, news, charting, charting
@trulosdoulos68493 ай бұрын
I created an excel sheet that I go and analyze price action with in areas of a stocks move (positive MACD, etc.) that I would trade. I am calculating what the win percent of various setups are. It has drastically improved my win rate. Currently at a 1.9:1 P/L ratio with 55% accuracy (up from 50%). Learning those A+ setups are important.
@DaytradeWarrior3 ай бұрын
Yes!
@ghost__isa81713 ай бұрын
You motivated me to try to trade only A+ setups during 1 month next Monday and no trading on days with no A+ !! If you have some advices I would be happy to read them !! Thanks from France for your help !!!
@GertieCassin13 сағат бұрын
Thanks for the insights, Ross! STEP seems like it’s carving out a strong role in the Solana ecosystem-it’s worth keeping tabs on.
@IME3152 ай бұрын
Is it just me or think or swim paper money doesn’t support extended hour trading pre market?
@RestoreFellowship2 ай бұрын
Yeah it doesn't. A little frustrating since it looks like a majority of good trades are premarket.
@arnisteingrimursteinunnars44893 ай бұрын
I don't like leverage. I'm starting papertrading and am hoping I have a track record to have confidence to start real trading in January 2025. When I do start trading I have the full 25k to fund an account but intend to have a position size of less than 100 stocks while I build a cushion. To not leave the funds static I intend to hold roughly 22 stocks of BRK.B (seems like the most secure way to make the money make money without intervention). I'd love to hear your take on my plan.
@Sailabear113 ай бұрын
Thank you! Thank you! Thank you!
@MarketMav73 ай бұрын
How do you figure out taxes for stocks
@DaytradeWarrior3 ай бұрын
At the end of the year, you’ll get a 1099 from your broker, but I do have other episodes on taxes if you search on my channel
@torturedsoul806627 күн бұрын
Okay. What difference does it make is a person buys one stock and sells it and then buys another stock and sell it. No leverage. no loans. If I buy 4 shares of a $5 stock for $20 and if it falls 100% then I am out $20 and the broker is out nothing. So long as I am not using leverage what does it matter? It makes it arbitrary to traders who buy stocks outright without leverage.
@Work_hard.143 ай бұрын
Wait so with cash account i can do multiples trades a day now?
@DaytradeWarrior3 ай бұрын
If you use the cash balance all in one trade then no but if you use half the balance you could place 2 trades and so on!
@Work_hard.143 ай бұрын
@@DaytradeWarriorOh okay. Thank you! Have been watching your videos for almost 3 months now. Looking to start trading with real money soon!
@yourstruly48643 ай бұрын
what brokerage do you use chief ?
@mattandsarahreeves83403 ай бұрын
He uses Lightspeed usually but on this small account cash challenge it has been Think or Swim
@The-Mad-Taoist3 ай бұрын
thanks for the free advice. truly thank you.
@eldrinarnold243 ай бұрын
I appreciate your videos i have learned alot about trading!
@laurentackett93993 ай бұрын
Thank you for your videos! You are inspirational because you are resilient and seem like a real, well rounded genuinely good person.
@DaytradeWarrior3 ай бұрын
Thank you so much!
@tex243 ай бұрын
Dude! Master class!!!
@ryanrimmer40133 ай бұрын
I'd say most of us learned about the pdt rule the first time we got that warning in our first account.
@makhasiri13043 ай бұрын
Ross, Thanks for info! I Think is not 4X leverage. they match with your money for example if you bring 25k the give you 25k leverage at list i didn't get 4X leverage in E-Trade
@1gursimran3 ай бұрын
How do you feel about prop firms?
@baracuda403 ай бұрын
With my brokers cash account i can buy 1k sell 1k and carry on in same day? no wait for tomorrow
@xutingwang22773 ай бұрын
Hello Ross hope you having a great weekend! Which broker is recommended for Canadians?
@DaytradeWarrior3 ай бұрын
Hey ! many International brokers are available to Canadians! You can google to find the best broker for you!
@COWBOY72ify3 ай бұрын
Love these videos,Thanks coach
@NJoeodjej3 ай бұрын
The massive problem is that a majority of brokers dont have the smaller cap < $10 stocks available to trade
@ameilliah39133 ай бұрын
TOS does.
@NJoeodjej3 ай бұрын
@@ameilliah3913 think or swim has the pdt rule
@fugazifreezone95953 ай бұрын
How much did you start your small account challenge with
@DaytradeWarrior3 ай бұрын
$500.
@GV19743 ай бұрын
Hi Ross, what a week you had! Great trading! I have a questions about this small account option around PDT trading: is this a strategy that also non US-residents like me can use in the US stock market? Thanks for any advice you can give us! Cheers
@bobpeterson92073 ай бұрын
Broke a rule Fri. GET THE HELL OUT when it drops!
@AaronTilt26 күн бұрын
Achieving success in trading requires significant effort, as it involves training your mind to counteract natural instincts. It means purchasing when everyone is panicking, selling when there’s excitement. I've been attempting for some time to increase the size of my 7 figure portfolio, but the largest obstacle is the absence of clear entry and exit plans. Any guidance in this regard would be much valued.
@robmarciano9916Ай бұрын
another awesome videos, im on a grind right now thanks again
@planetoidcranium73683 ай бұрын
So, what's the rule AFTER May 31 2024? The T+1 doesn't change the PDT rule.
@DaytradeWarrior3 ай бұрын
T1 means trades settle overnight so you can trade more frequently in a cash account than ever before
@rillyjo58103 ай бұрын
What did he start small account with?
@anthonysimmonsacousticmusi10983 ай бұрын
What they should do is just restrict leverage until it's over 25,000 that would make more sense
@begebel3 ай бұрын
What is good international broker for US citizens to open an account with?
@alphaTrader.oo13 ай бұрын
Thank you
@EddieKM3 ай бұрын
What are you putting in your coffee
@DaytradeWarrior3 ай бұрын
A gentlemen doesn’t ask and a lady never tells 😂
@こなた-m1o3 ай бұрын
@@DaytradeWarrior you probably drink mushroom coffee!! :P
@therealmichaelfratАй бұрын
Thanks so much for posting your vids. I already went through my beginner luck and subsequent loss phase and now I am up 153.73% for the past year. but still have not eclipsed my initial loss yet. I'm eager to try out your rise/pullback strategy and see if it works for me.
@nikkiB1233 ай бұрын
I've been trading real money for the last 7 weeks. first 4 weeks lost 65% of my acct (started at 1000) after that, I took a week off, put my acct back to 1000 and take one trade a day and been green 7 days in a row. I Traded in a simulator for 2 in a half months and was profitable the entire time. Now i take one trade a day, but walk away from the computer after that. I feel like i should try and trade in the simulator after for experience, but there are no emotions in the simulator.. and I have a hard time forcing myself to do that. Would you encorage me to trade in the simulator after trading my one trade a day, or simply stick with my one trade a day until i have a margin acct?
@DaytradeWarrior3 ай бұрын
Hey ! I would recommend trading in the simulator if you are taking some losses this way you can build your confidence back and find out where you are going wrong without taking real losses!
@nikkiB1233 ай бұрын
@@DaytradeWarrior in the last 7 days of trading I’ve made 36% of those losses after I had reevaluated for a week. I stopped myself from trading. Watched the market every day. Replenished my acct. and tried again. My struggle was with emotions. The first month I had 13 Green Day’s 7 red days with a 61% accuracy but my p/L ratio was 1:3 and my loss days were big. I corrected this in the second month and am trending up with 7 Green Day’s in a row!
@tonymoh691823 күн бұрын
How much did you start off with for this challenge?
@rogerstrassner615827 күн бұрын
I watched your 3 hour video and made 2 profitable trades on my first attempt today creating a screen with Think or Swim. Thank you. This is a great complimentary strategy to diversify from spreads and iron condors.
@grantandsatine3 ай бұрын
Ross.. again Thanx beyond words..Cash account started 5000 and it's gone up/down but pretty consistent going up now after months sim and your advice one/ 2 trades..( did 2 week , big help ) Question tho..You use Margin account in your big daily broadcast.i think.. I thought PDT means 3 trades in 3 days...So how can you be trading like you do every single day..? What am I missing.. I'm sticking to my cash account till it gets over 25,000. But yeah..how do you do that..? Thank you Ross..
@DaytradeWarrior3 ай бұрын
Hey I trade in my regular account that is over the pdt and was trading in the small account as well. the pdt is 3 trades in 5 rolling days !
@imatimetraveler57603 ай бұрын
I us to hate the PDT rule and still feel it's unfair for anyone.
@bigmack103 ай бұрын
The PDT rule is absolute bullsh!t. Why $25000? Oh because they know most normal people will never be able to fund an account with that much money.
@DaytradeWarrior3 ай бұрын
I agree, It was to protect investors in the market from losing money a long time ago
@SastravithKhieu3 ай бұрын
You are right because I lost the first two years in 2020 to 2021 when I started to trade but right I have less money to trade with and more disciplined and carefully picking stocks.
@DaytradeWarrior3 ай бұрын
Great job with the discipline !
@DaytradeWarrior3 ай бұрын
Great job with the discipline !
@jonathanpicket1243 ай бұрын
I've tested buying a share once and selling half of what I bought two different times. It counted as two trades.
@Johnc8123 ай бұрын
It shouldn't have . A day trade is 1 round trip. Buy stock a sell stock a. You can buy stock b sell half and sell half again
@jonathanpicket1243 ай бұрын
@Johnc812 I am aware of how it's supposed to be. That's why I was surprised and upset to find out that it's actually based on the number of times you sell, not whether it's a round trip. This was in the Robinhood app, so I suppose it could have been an app specific policy. I've had accounts with CMEG and Webull as well, but didn't test it in either of those (obviously in CMEG there was no need to test it as I had an active trader account with them).
@nataliegalactor3 ай бұрын
Do you have an IB contract Cameron?
@DaytradeWarrior3 ай бұрын
An introducing broker contract? No, I’m not a broker dealer and I have no affiliate relationship with any brokers. I have no financial incentive to encourage you to use one broker or another.
@user-sg4iu3lm8k7 күн бұрын
What broker gave you margin on just 583 dollars in the us?
@DaytradeWarrior7 күн бұрын
Hey I was using an offshore broker at the time the main 3 that most traders use is Ocean one, Cmeg and Trade zero!
@solo3d6732 ай бұрын
Wouldn’t the easy answer to this just be you have no trading leverage if your account is under 25,000 but as soon as you hit 25,000 it becomes activated 🤷🏼♂️
@DrSchorАй бұрын
that is how it works now
@ncal28552 ай бұрын
Staet paper trading, once you have 20 wins in a row you can start slow with real money. Or jump all in and lose it all in less than 20 trades. You decide. Good Luck!!
@LanTurner3 ай бұрын
How do you qualify for a Roth IRA? 😳🤔
@GiorgioHolderegger3 ай бұрын
I have to pay every time a make a trade a fee... till 2000 USD it's 20 USD fee.... do you guys have the same problem?