Verified 7-Figure Day Trader Reveals His SMALL ACCOUNT Advantage

[@DaytradeWarrior]

Check out my FREE Day Trading Course or Join us for a 2-week trial at Warrior Trading and see for yourself what it's like! 🍏 www.warriortrading.com/get-started/

[@nycXninja]

Thank you for all you do and all the vidoes/work you put in. I'm also in NYC and was wondering if Jess is a mentor.

[@financehealth8]

Identifying stocks to trade 12:37 Favorite Set-up 14:10 Understanding Headlines 17:40 Tools of the trade 19:14 Trial and Error 22:50

[@jasonholt124]

"And just remember OUR results aren't typical " 😂❤ 👍🏻👍🏻

[@carmike7671]

Thank you Ross for introducing Jess and showing it’s possible to become successful in time

[@wrknathome9254]

Losing 5-10K is not relatable for most people. The old adage is true, "it takes money to make money" and this fella already had a good amount of money if he is blowing up accounts that size, or bigger. Don't get me wrong, trading is a real way to make real money, but if you are starting with a decent amount of money in the first place, without the pressure of the fear of losing all that you have, then you can afford to trade aggressively. Most people, the vast majority of people, cannot do this. My point is just to emphasize Ross' advice to stay small and scale up as you are consistent. That is the best advice one can have. Don't focus on the money. If you do, you will lose. Focus on the process each day. The money will come eventually, if you survive your learning curve and do not quit.

[@EatOnionz]

I agree, starting with 100k with 4x available to lose isn't realistic for most people, if anything making 100k a year sound like either a good/life-changing year or a decent high paying job for most traders😅. His points are valid of course but, yeah losing 100k to him hurts bad, losing 100k to me would probably financially ruin my life😂.

[@peybackendeavors]

That’s why you NEVER trade with money you’re not able to lose. If you can dump money and make it back, it doesn’t matter.

[@DaytradeWarrior]

It is not really about losing a 10k account on 1 trade but rather that slow bleed traders often find themselves doing but many do it with 50k -500k accounts rather than a 10k account!

[@wingchun1hopgar2taichi3jj4]

​@@DaytradeWarrioryou're a great trading teacher, thank you for sharing and the education.

[@banginzaza]

Then you better get to work to get your money up. So what if the number isn't relatable. Relate to a 15+ year Walmart employee if it helps with your self-esteem.

[@TheJoe7Six]

I've been waiting for this interview! I look forward to his mentor sessions every week!

[@carrilloford]

My son does the same thing. He can see the pop pop pullback pull back. Then he says wait for it. And hes only 7

[@jackoverton8343]

Give him an account with 10 dollars. This will either set him up for life or give him a crippling gambling addiction 😂

[@DCB2038]

I have a recording of Jess reviewing one of my trades back when I was a WT student. I still listen to it now and again. It was such a confidence builder to hear him praising my trade. I had the best trade that day lol

[@Anne-cv4ms]

That was an amazing conversation that I would also recommend to non-traders !!! Very relatable, that's why I keep coming back :)

[@DaytradeWarrior]

Thank you!

[@jlewis4587]

How would you open a coffee shop? “I’d buy a Starbucks coffee from the drive-thru, go home and trade stocks.” Had me rolling 😂😂

[@joecontreras3175]

Hi, I followed your strategy and started following a specific stock which started at 6.42 and the price and charts were fluctuating back and forth between green and red. I literally looked away for a few seconds the stock went from 6.42 to 8.88 instantly. Still learning on what to look for to see patterns for these spikes. This was the first time I saw this. I lost out on this stock.

[@williamkreth]

This happens all the time in the market

[@momstheword11]

Thanks so much for all your help, Ross. We all appreciate it so much. Liked and subbed long ago. Happy Thanksgiving to you and yours :)

[@avghiker]

This is a good interview. Good content, very relatable, and a likable guy. Thank you

[@DaytradeWarrior]

Glad you enjoyed it!

[@infinitelyllc]

Thanks Ross and Jess! 🎉

[@jonnyrottenshvacrchannel5884]

I'm new and recently opened a margin account. I trade with small position just to get acclimated and even though I have 4-1 leverage I won't use it yet. I want to be comfortable knowing my strategy and setups are consistent winners B4 doing that. I never let my Stop Loss get out of hand. KNOW your rules and stick to them you'll grow to be consistent.

[@TokamakPolywell]

This is gold. Thank you Ross and Jess!!

[@JessicaKendal]

SO happy Jess is back trading.

[@Christopher-pe6zj]

He take a break??

[@JessicaKendal]

@ like online

[@Vdogg13]

I really enjoyed this video. The only trading mistake I was making was holding onto losing trades way to long. That issue has been rectified.

[@ruthdavis-tq4dz]

me too

[@Matthansmail]

That was great! Thanks guys

[@idontknowwhatidontknow]

Please more interviews …. It was great !

[@hbcdsniper8257]

Please more of these with all the big badge earners I absolutely love this. So awesome to learn people’s story and strategy. Most interested in Malnois strategy “might have spelt his name wrong”

[@D-zigi]

That's an amazing podcast. lots of key points to write down

[@West1010]

That's an interesting approach for Jess's trading accounts he explains in the beginning. I've never considered that before. Thanks!

[@bradmeltonrealtor386]

Thanks guys! Always good to see you guys taking shop!

[@MrKevown]

Good video. Thanks guys. 👍👍

[@ljd5120]

Jess's WEEKLY MENTOR sessions in the Warrior Trading Program are so valuable. I look forward to them and learn so much from the weekly trades we were all watching and trading.

[@DaytradeWarrior]

I am glad you they are helpful !

[@JohnWick-w6n]

What’s the broker he mentioned that’s offshore?

[@MattDelovino]

Good video Ross. I like the vids you’ve been putting out lately. Jam packed with info, easy to digest & relatable! Thanks for sharing

[@davidcruz1466]

Great interview!

[@deonzeelie]

Thank you Ross and Jess

[@westcoastdogos9486]

I haven’t made it yet but I’m so freakin close it’s basically happened already. Not planning on quitting my business either . Jess was a main motivation in chat at warrior and JohnL10. Both are inspirational. Not to mention the big hefe Ross!!! Thank you ahead of time for helping me become better.

[@response2u]

Very insightful conversation! Thank you!

[@locdoctorfell]

As a beginner with about a year of an account, I think fundamentals area important for the companies, or places, I want to invest what I’ve earned. (Basically, what’s in the IRA for holding or residual income) That’s where I’m grateful to understand a bit of that stuff. For the further of the whole portfolio.

[@mikealderman2228]

Love Ross…but happy to see and hear from a successful trader. I would love to see some charts and his methodology. Also love to know how he could start part time..if u own the biz I guess it’s doable..but a 10 hr a day job it’s a challenge. Look forward to more interviews like this…thanks Ross!

[@EricLangdon-c7x]

Ross’ methods are as good as it gets folks… don’t pass up his advice. There’s a reason he’s the BOSS

[@Sqean1]

Awesome interview thanks Ross

[@stephaniesandoval9827]

Fantastic interview!

[@pennytrader12]

Using higher leverage is great if you have an edge and your are a profitable trader otherwise higher leverage low equity means account blow outs more often

[@ICPolyman]

Thanks Ross and Jess !!!

[@vaidehileighanne]

XAI21K is still extremely undervalued

[@chrisbellomo2763]

@@vaidehileighanne No AK47 is.🤣

[@chrisbellomo2763]

That was an interesting insight from Jess on using an offshore broker with a smaller account as a kind of guardrail to avoid putting too much capital into a single trade. Wish I had thought of that before taking some of the big losses I have suffered.

[@rogeliogarcia7764]

I have a question... I don't know how many pro members you have, but is it possible that there might be a point where there are enough people following your trades that can manipulate the market? I mean that they all buy at the same time therefore making for a bigger squeeze? is that even possible?

[@ArcGlowingVision]

Ross is a momentum trader, he is in and out before most of his students catch the move. In other words he we be broke if he sat there waiting for everyone to buy the stock.

[@chance2302]

Great video!! Relatable for sure. I love trading so much. I do enjoy weekends and holidays, but I truly look forward to the days that are available for trading. Im a huge NFL football fan. I attend games from time to time but when late Sunday night kicks in my energy rises even more in anticipation for Monday morning and trading opportunities!! Just love it!! Oh yea. Go Birds!! 🦅🦅🦅🦅

[@Carloca44]

Great interview thanks Ross

[@DaytradeWarrior]

Glad you enjoyed it!

[@TheAviam]

I agree. Its not a race. I don't need Alot. Just want to "feel" successful or a sense of achievement. Even if i only make a 100$ a day.

[@DaytradeWarrior]

Spot on!

[@chrisbellomo2763]

Can anyone share which offshore broker Jess uses? I’m guessing Interactive Brokers.

[@bd_3895]

hello, I like watching your videos. The only problem is you need to zoom in when you’re showing the candle sticks because for people even on a big screen TV when you’re talking so fast and you’re trying to show people examples you can’t see them because they’re too far away on your screen and it’s not like we can zoom in on our TV while we’re watching you so if you could zoom in you would help a lot more people who need to be able to see it

[@COWBOY72ify]

Well,it would be valuable to know how to deep dive a company, but i agree, acknowledge the headline, focus on task at hand

[@alextrigger8199]

some of the biggest losses I had were when I had a relatively small loss on a trade that I was absolutely sure would go up. The stock also had really good news, low float etc. So I refused to sell, refused to have that loss and kept averaging down instead. And that's when that stock would hit all time lows, going even lower than the previous day...

[@DaytradeWarrior]

This is what happens to many traders who spiral, they end up losing their entire account value not by taking trades and stopping out but by taking trades that turn into revenge trades

[@madmessm1845]

the wife destroyed the Lambo dream :D as always :D... excellent interview! thank you guys

[@seba_playing]

Awesome interview Ross! ;) Cheers!

[@kuhen25]

Hey Ross, may I know which Level 2 / Time & Sales market data do you subscribe to?

[@DaytradeWarrior]

I have Totalview, some like to add ARCA book

[@kuhen25]

@@DaytradeWarrior thank you for responding. I use ARCA. I was just wondering if I missed out on any.

[@C13H]

What broker does Jess use?

[@t-Robot.trading]

The biggest drawback of the Warrior trading strategy is that it requires trading on a 10-second chart as soon as news breaks during the premarket. You need to be ready to sell within 10 seconds of your entry. Additionally, it demands a fast broker and a hotkey setup for quick execution. While this approach might work well for Ross, it’s not suitable for 99% of traders, especially those with small accounts. New traders with small accounts are likely to blow up their accounts if they attempt to trade this way.

[@jobertuy6505]

Agreed! I tried using his strategy and blew up my account recently. The buy and sell execution of my broker is slow. By the time my stock gets sold, my account would be in the negative territory. So, even if it works for him very well, it’s not for everybody.

[@madddaddy3135]

Somewhat true but I can avoid that happening by getting in early and just get out early and stay green

[@itzdm0r3]

I’ve been using TOS on the 1 min chart mostly and I’m doing fine. Hot keys have been working. Also, if anything, using a 2 or 5 min chart helps with confirmation.

[@t-Robot.trading]

“Yes, a 1-minute, 2-minute, or 5-minute chart setup is perfect for entry and exit. However, if you need to trade on a 10-second chart, you’ll have to buy immediately when news breaks premarket and exit as quickly as possible using the fastest broker.”

[@ThomasWilson-lh5eo]

Been a Warrior Trader for a while now and I never use a sub 1 minute chart. I use Webull with hotkeys and specifically the 1 minute chart. 99% of the time my trades are around 1-3 minutes. Pre-market is where I get the most movement. There are people who scalp stocks with very quick entries and exits but I don't think that's really a major part of Warrior Trading.

[@mandragoramoon]

In my past job raising money, they taught us if you have a bad day just pretend you had a great day and you're doing good. Usually, that mindset helped us to continue in a positive way and have better results. A lot of it is mindset.

[@willywonka077]

Where can I see the strategy you use Ross I watch all your videos and I don't see a step by step what you do I HAVE SUBSCRIBE TO THE SCANNER BUT THERE'S NO STRATEGY BEHIND IT can you please make a video before I lose all my money then won't be able to afford the scanner anymore

[@willromine9793]

No disrespect but I sincerely doubt you have watched all of the videos. Ross has gone in depth on his strategy MULTIPLE times right here on youtube. It sounds like you're in a race to get to a finish line of success as fast as possible but in trading you can't do that. Slow down, WATCH the videos, and apply what you've learned- keeping risk in mind.

[@Noticing-Enjoyer]

lol you should give up now before you lose everything. Momentum trading is literally just what it sounds like and if you can’t figure it out the best advice is stop now.

[@willywonka077]

@@willromine9793 I watch all of them!!!! You are on a smaller level not understanding the importance of the little details in life this includes emailing the strategy!! It's the little details of information that counts not a broad explanation you imbecile

[@willywonka077]

@@Noticing-Enjoyer your mom should give up working the streets

[@deanoz9307]

I have to agree with @willromine9793 and respectfully question your dedication to learning Ross’ trading strategy of momentum trading. I can’t think of many videos that Ross has published where he doesn’t show and teach his strategies. I’d like to hear your opinion on what you feel the majority of Ross’ videos are about. I would be happy to type his strategy right here however it is published in a very high percentage of his videos. The scanners are not a strategy, rather tools with which to apply his strategy. I am currently enrolled in the Warrior program and it is packed with Ross’ strategy; aside from the training material restricted to Warrior members, there are literally hundreds of strategy mentoring videos openly available for viewing. Ross recently released a new video named 27 years of Trading. It is about 3 hours in length and I’m sure that if you are genuinely interested in Ross’ trading style that you will not only locate and watch it intently, you’ll learn and see a lot of his style. Ross is no doubt the real deal, in fact if you subscribe to Warrior before losing all of your money, you can watch him trade in real time which I’d highly advise because it ties together both his teachings with real-time trading, showing that his style is truly real. Ross won’t trade for you however he will show you how his strategy works, you simply need to dedicate yourself to learning it. I wish you good luck and fortune, and truly hope you watch his recent 3 hour video on “27 years of trading knowledge in 3 hours and 5 minutes”. It’s just one of hundreds showing his strategy. Good luck!

[@philipbelanger6006]

Mocha Joes!!! I was there this past summer. grew up near brattleboro on the NH side.☕

[@JosephFultz-v7d]

Big bro Ross Cameron ❤❤❤🎉🎉🎉

[@ryanadams0922]

I miss Jess. Good to see him doing alright

[@EricLangdon-c7x]

Do N O T tell your friends and family when you are successful - it’s like telling a drug addict you use better drugs than them… it don’t end well TRUST ME

[@BartTrades]

Yup

[@こなた-m1o]

@@BartTradeswhat happens..??

[@Bndeulogy2]

Have no fear! Based on my first 8 months in a simulator I have very little chance of becoming successful.

[@charlesoparah3178]

What offshore broker do you use?

[@TheJoe7Six]

Jess uses Ocean One by STG Global Markets. Ross uses Lightspeed.

[@ladolla7491]

@@TheJoe7Six Been searching for that info a LONG time! Thank you! ❤

[@shlomo-u3w]

Thank you Ross

[@alphacharlie65ms]

Can't find the Technical Analysis PDF

[@shadowflare2255]

Ross doing interviews now? I like this new content

[@hellojosef]

Cool thanks!

[@ser_jai_oh6664]

I feel its a little more annoying to trade if you live on the west coast😂 my 3am is your 6am. especially if you have a normal job. losing sleep doesnt help to be focused.

[@LaurenNOtmi]

And kids makes it even harder

[@mandragoramoon]

Red candle going through the floor!! 😂😂😂 how could this happen???

[@D-zigi]

anyone trading how do you monitor the continuation of halted stocks? can't find any info about it...

[@DaytradeWarrior]

Halt levels and imbalance is provided by the broker on the level 2 montage, most direct access brokers offer this information

[@D-zigi]

Thanks Ross! actually i did find exactly the same after i asked this question and did some more searching

[@vladislaviy]

why dont you just put the daily stop loss level within broker?

[@ArcGlowingVision]

Defense is important. I agree with max losses, but if you don't care to follow, then once past max loss scale down 80%. A good stat to pay attention to. Once hitting max loss and continuing to trade, what percentage on average are you able to go green again (or # of consistent green trades) after hitting daily max loss? 🍉

[@419-m9u]

We need Jess to talk about his off shore broker.

[@ap3885]

He uses CMEG same as me

[@paramountx]

😱 I'm from NYC. I hope his skills rubs off on me

[@infinitelyllc]

💚

[@sallytheophilus5335]

Thanks for continuing updates! I make an average of $32,000 per week even though I barely trade myself.

[@teopeters3029]

i love ross cameron

[@MTBTrades]

Blue beanie w blue dino is 🔥🔥🔥

[@GinaNifco]

Great analysis, thank you! I need some advice: My OKX wallet holds some 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?

[@sparky5267]

I wouldn’t take advantage of the guy driving Mazda Miata ? I think you ahead of yourself a little bit, never ever judge the book by its cover 😊

[@TheAmericanZ]

Any specific tips for starting small?

[@DaytradeWarrior]

Yes it is no different than any other style of trading! .. Take it slow!

[@jonphotos8631]

What broker does he use?

[@MehrdasShirazi]

Please give me tip on trading companies who do small accounts and offer real time candle sticks on their portal Thank you

[@Mr1957moose]

How many monitors do I actually need for day trading?

[@DaytradeWarrior]

Really when getting started not many, 1 or 2!

[@fumagoo1986]

over a year of trading, and I wish I could just go back and trade with 10 shares everyday until I'm profitable, it makes so much sense now, its not the share size its just the entry and exit

[@DaytradeWarrior]

Exactly!

[@willpratt7519]

Hi ross iv moved into a real account and i seem to be going 2 steps up but them coming down to break even should i go back to the simulator until i can string days and weeks in a row of profit. i found i made profit in a sim but im break even in my actual account

[@DeathGamer27]

That's one of the things he always talks about, the psychology of trading. If you were and are still profitable in sim trading, then you may be simply pulling out too early in your trades as you are more hesitant to loose real money. I like his method of the 1 trade a day challenge, therefore focusing on finding the right entry point, forcing you to make a better a call. If, after a few weeks, you are profitable from your 1 trade a day, then start adding one or two in a day until your feel comfortable.

[@willpratt7519]

@ yes I have heard him talk about pyschology of trading a lot, thank you for the reply i will continue using these rules of a 1 trade a day.

[@DaytradeWarrior]

Yeah I would say go back to the simulator if you don't know where you are going wrong until you can get back on track with lots of green days

[@robertstevensob4087]

so if he lose on margin off shore he dont pay it back i am confused

[@DaytradeWarrior]

No it is just the idea of having a maximum loss amount without risking much

[@jeffdecoy9227]

So if I want to day trade I need to have 25k if I do it more than 3 times a week. If I have 2k to start, can I still follow your strategy?

[@DaytradeWarrior]

Traders in the US can now trade with a cash account 1 trade per day. Or you can choose to use an international broker that does not enforce the PDT

[@esperanzamjgi]

Your video convinced me to invest in XAI21K, expecting 10x gains. Excited for listings!

[@DubLubb]

Want to hear about which offshore brokers are best

[@armelmuro7811]

Hey Ross I find mu self in the same spot...Please help me...

[@finsanityxi140]

Ross what off shore brokerages would you recommend for easy transfers and good leverage?

[@DaytradeWarrior]

These are two offshore brokers that people in our community or our educators have used that you can research. For accounts under $25,000 (as little as $500), you can take a look at CME Group (US and all international residents except Canada). - CME Group review: www.warriortrading.com/capital-markets-elite-group-review/ - CME Group website: cmelitegroup.com For accounts under $25,000 (minimum deposit of $1000 available to anyone outside of the USA except Canadians): - TradeZero review: www.warriortrading.com/trade-zero-broker-review-how-it-matches-up/ - TradeZero website: tradezero.co/ This article can be a helpful resource for exploring your options for day trading with less than $25k! www.warriortrading.com/how-to-day-trade-without-25k/

[@downhillwheelie]

Doesn't the leverage go into the negative too? So you can lose more than your initial investment? Owe the broker situation?

[@dherman0001]

Yes. I trade 2x leveraged ETFs tied to PLTR/PTIR , TSLA/TSLL, SMCI/SMCX, so my stock is just down 2x if the price dips. I sell if I dip more than about .25%. I buy on small dips(1 to 3%), and sell on small increases(1 to 3%). I might do this 5 or 6 times a day on the same stock. I average 100% monthly returns. Trade stocks that are frequently in the news, and you get volatility thats relatively easy to capitalize on, on companies that consensus agrees have massive growth ahead. Most of my trades are 40 to 150k, so if youre getting only 1% on a trade, doing that 3 times a day on 3 or 4 different stocks, do the math, I quit my job in June. I do this full time now. There is no job where i can make this kind of money. I started with 50k in June. I pinch myself every few minutes just to make sure this is real. 930am to noon trading is essential. Everything after that is optional. I apply lots of what Ive learned here to my style of trading. Benzinga Live on KZbin does live trading with interactive chat every morning for 4 hours. Between Ross and that show, thats my education.

[@duffnexter1]

No, if you trade with 5 k and have 6 times leverage your trading with 30k. Meaning if you lose 16% of your account the broker automatically has a stop loss at 16% which blows your account.

[@downhillwheelie]

@duffnexter1 thanks!

[@dherman0001]

@@downhillwheelie yes, but only out of your account. you wont have to pay anyone. you are automatically sold out before your stock hits zero.

[@sergiotl7378]

only if you short sell

[@rickyc5860]

when using the leverage to trade, what kind of interest are yall paying? I'm assuming it's the margin account where i see advertise 4-6 percent

[@DaytradeWarrior]

leverage/margin fees are more for long term overnight holds most brokers do not charge for use of margin intraday

[@zinoperoto]

That was awesome video with a lot of value for me. Thank you. I got one question that I can not find answer for the last days: when trading with leverage there is a huge spread like 10C or even more. How do you deal with that when you are buying or selling stocks? For example if the stock price is $2.01 but at your broker the price with spread is 2.07 there is a gap of 6 cents that make a lot of difference. And one more question: what do you recommend to make the purchase while you are the charts or go to your broker app and do the purchase from there. I found that the best for me would be to purchase right from the chart dashboard but unfortunately the broker that I am using now doesn’t have the integration, and I feel that I am spending so much time.

[@DaytradeWarrior]

When the spread is very large over 20 cents or so I just adjust my share size for the volatility

[@armonafdjeie]

Hey I was curious what is your guys Profit Factor average per year. I have been looking more into it lately but a lot of examples are for swing trading was curious what other Day Traders are at. I am at 1.15 Profit Factor trading mostly a higher meta Mid and large cap momentum strategy

[@coryhill1087]

What would you consider a small account, how much should I fund my account?

[@gvaletti]

I rely a lot on Level 2. However, I don’t know exactly where to focus more on. For example, should I look at the middle or the bottom where the stock is being bought or sold at its lowest and highest. Thoughts?

[@DaytradeWarrior]

Really I look at the top of the book at the current price on the bid and ask

[@tailorjigar3507]

Which broker he is using?

[@DaytradeWarrior]

He is on an offshore broker Ocean One securities

[@avengethis97]

I've lost 10k this yr. 😂 starting back at 100

[@DavidVedenskii]

36:40 why he needs a business running or wants to buy an investment property if he has FIGURED OUT how to do day trading? I don't get it. In my mind if Day trading brings you idk 10% a day wtf you need a headache with an investment property

[@DaytradeWarrior]

It’s all about diversifying income

[@diannad8905]

My guess is that your comment comes from a place of having been employed by someone else? A W-2 income earner? The mindset of a business owner/entrepreneur/trader is almost like feeling you are unemployed each day, and you get the opportunity of ‘creating’ something new each day. It may be for diversification, but it’s also because we like to create, and take on new projects or opportunities. Why is Buffet still working in his 90’s? I am sure he has a plethora of “reasons” but the first is that he enjoys the creative process, and contributing.

[@tonovalee]

Following you for a year, made $10K in profits. Bought XAI21K at $1 is a BOOM!

[@Lincoln-HRL]

👍👍

[@MARTINHoover-y7c]

Elon knew the XAI93W idea and the key changes coming with it, better be prepared for a large run