What Separates Winners from Losers?❌ Ep 002

[@SmoltingWassie]

It's so humble to see Ross pay respects to his mentor, it's easy to see someone's success and ignore all the hardship they went through to get there. Hearing Ross say he almost quit trading is hard to imagine from where he is now but puts in perspective how much work he's done to get there. You're a legend Ross.

[@DaytradeWarrior]

Thank you!

[@musiccitybird]

This is probably one of the most important videos you’ve posted. Thank you so much for this one!

[@sethdavis1148]

Ross these episodes help me more than anything right now. I have learned the basics of the strategy from you and now my struggle is mostly psychological. I am on this journey , appreciate you man

[@JLP_710]

This really helped me identify one of my worst traits that I didn't even realize that I had. Which was accepting that I WILL be wrong sometimes. I definitely have/had the perfectionist trait. I'm not one to average down but I have tended to hold on just because I didn't want to accept the fact that I was wrong. I appreciate this podcast very much.

[@DaytradeWarrior]

Thank you Jordan!

[@liferandom]

A great chat. Trading is technical, psychological, and philosophical. To be successful, you must first conquer yourself. Then, you can conquer the market.

[@DaytradeWarrior]

👍🤓

[@NorthSale]

Thank you so much Ross for the Podcast. Ted nailed it with 70% Psychology and 30% skill. Having control over your inner self is very important. At the beginning I had 90% accuracy, but I was losing all my gains in 1-2 days because I was getting in the fight with my inner self by not accept the small loss that happened. Instead I would have tried to talk to myself to trade and make it back. I learned the skill side of the trading very fast but the Psychology took me 2 years to learn it. Now I'm profitable with 65% accuracy, because I'm able to control my emotions.

[@DaytradeWarrior]

You're welcome! A new episode premieres today!

[@joniandev]

I like the quote I heard somewhere. "The assets move from the impatient to the ones with patience and from emotional to the emotionally detached & process oriented individuals." 🌶

[@DaytradeWarrior]

Want to watch my Ted Talk that dived into Strategy and the steps you need to take as you're getting started? You can watch the replay here warrior.app/watch-ted-talk-replay-now! It was great, you won't want to miss it.

[@vincentmiller526]

I love these podcasts! Thanks Ross!

[@david_a_uno]

This discussion is pure gold. Thank you Ross and Jess!

[@DaytradeWarrior]

You're welcome David!

[@dmununura]

Ross, Thank you for the content that you provide

[@MrGreenGlove]

i been paper trading for 2 months taking it very seriously i manage my paper trading like a live account i trade with the number of shares i will be able to trade with my live account makes it a little more real.. yesterday i got my biggest lost 1.5k.. one month of grinding profits lost in a day .. i recognized my mistake ..i have 3k ready to trade in my live account but i dont feel ready yet so will paper trade for some time until i feel ready while learning with your great video.

[@selma1818]

One of the best podcast Ive heard. Hope there will be of this!

[@DaytradeWarrior]

👍🤓

[@RocknRollgolf]

Came for the trading left from the counciling session much wiser. Such a raw and in-depth insight into some seasoned traders. This video is a real eye opener and probably should be the first video on your page for anyone who wants to be a trader.

[@thehandyhomeowner9781]

Amazing words of wisdom in this video! And some humor too. Thanks!

[@joseraya1409]

I enjoyed this whole conversation. I currently had a couple months of consistent profits and gave it all back in a few weeks. I’ve now said to myself I need to refocus on what was working at one point. It seems I was being very disciplined in cutting looses when my trade had clearly failed and I lost sight of that discipline. I feel I must work on hardwiring such discipline to cut losses more quickly and go from there. Thank you Ross for everything you do!

[@DaytradeWarrior]

You're welcome Jose!

[@pn4640]

Thank you Ross. Honestly this means a lot to me…you have no idea how helpful this and overall your videos have been to my trading journey. I am not successful yet buy I get better every day. Thank you 🙏.

[@DaytradeWarrior]

You're welcome!

[@TamEden]

Great therapy session! I leaned a lot! I wish I had been lying on the couch! Thanks for sharing

[@TyB_23]

Thanks Ross, this is powerful and a great guest to have on.

[@DaytradeWarrior]

You're welcome!

[@jaybro3713]

Really motivational video... What I personally leaned from market is; Little knowledge will cause you a large amount of money...

[@DaytradeWarrior]

Thanks Jay!

[@estebanangel5695]

Thanks so much for this episode Ross. A lot of traders undervalue the importance of trading psychology and a winner's attitude. Congrats for the great work with the podcast. !!!

[@DaytradeWarrior]

Our pleasure!

[@JosephFultz-v7d]

I really gotta humble myself and that is one of the most difficult things to accomplish.

[@maiiilyn2360]

I watch this video every time I have a big loss , thank you for all the free content❤ so much great information just in this video!

[@DaytradeWarrior]

Glad this helps!

[@moa3810]

In trading "we are really dealing with who we are ... compassionate acceptance is very important"

[@DaytradeWarrior]

👍🤓

[@EDCfisherman]

Had a small lose today after so many green days. It definitely humbled me to loses and now I'm going to remind myself to be a friend to myself and don't be so hard on myself

[@DaytradeWarrior]

👍🤓

[@BigEBigs]

thanks ross. great job. i think your microphone is a bit quiet at least compared to your guest's. thanks again!

[@DaytradeWarrior]

You're welcome Eric!

[@Robi-tt8ny]

I needed this

[@rizwan101]

Thank you Warrior Trading team for this very useful podcast

[@DaytradeWarrior]

Our pleasure!

[@OldDirtyMors]

The biggest task is to accept a max loss in my opinion. Very hard to stop trading in the red, but the most important skill to get succesful

[@DaytradeWarrior]

👍🤓

[@Theperfectflight]

Great episode. Everything was perfect

[@DaytradeWarrior]

Great to hear that!

[@hamzehghazawi9253]

thank you

[@jaymorrison5895]

Thanks for sharing!

[@DaytradeWarrior]

You're welcome Jay!

[@guyismael7175]

C'est de l'or cette affaire de two steps foward and two steps back, c'est exactement comme vous dites et pour vôtre expérience je vous remercient ✍🏽 Je suis mes erreurs et je m'améliore peut a peut 🙏 C'est tout ce qu'il me fallait entendre, je commençais à douter sérieusement 😅

[@DaytradeWarrior]

Vous êtes les bienvenus!

[@Rndhld]

+1 to having a job!!! I have been consistent for a while and even then, i work an evening job to keep my sanity intact. lol

[@DaytradeWarrior]

Thanks for watching!

[@melissan3903]

Great information 😊

[@DaytradeWarrior]

Glad it was helpful!

[@MrIsoldemabaden]

thats me - lost everything in 1 year. Still grinding and trying to get there.

[@DaytradeWarrior]

So sorry to hear that!

[@MrIsoldemabaden]

@@DaytradeWarrior no problem. It is my fault and i have to grind through my own deep issues. Feels like a life journey and type of therapy for me. If i put in the work and keep on working on my self. I will come back!

[@MrIsoldemabaden]

@@DaytradeWarrior thank you for your reply

[@jaredpalanzi330]

Where can I find all of your podcasts besides Apple podcasts? On any other platforms?

[@DaytradeWarrior]

We are uploading them to youtube and hoping to add them to Spotify in the near future.

[@jaredpalanzi330]

@@DaytradeWarrior Still don't see them on KZbin or Spotify.

[@jonasnilssen210]

love this!

[@DaytradeWarrior]

Thanks for watching!

[@walterwojciula]

Good stuff!

[@DaytradeWarrior]

Thanks Walter!

[@msflaneuse4340]

Wow. Wonderful talk! Ted is like a Zen Sensei. This was very insightful and helpful for me! Thank you for all of the educational content you provide free of charge! 🙏🏻

[@DaytradeWarrior]

You're welcome!

[@zacho9478]

Can you please get closer to your microphone tho ross?? The drastic difference in sound made me shut it off last night and now im trying to watch it again

[@DaytradeWarrior]

👍🤓

[@benjiiiiiiiiiiiiiiiiiiiiiiii]

56:13 is too funny. ross u a comedian bud

[@DaytradeWarrior]

👍😂

[@cleodragoumerli1901]

Ross how much time did it took untill you results become not typical?🙃

[@DaytradeWarrior]

Hey Cleo, About 3 - 4 years of practicing and studying the market.

[@langthangusa3473]

i have one question bro , people say after IPO , the company is irrelevant to the stock price , it is up to the traders to make the price go up and down , but people also say , you buy shares , you own a piece of the company , that mean the company using your money . how can these 2 things explain for each other , ? could you help , thank

[@DaytradeWarrior]

www.warriortrading.com/initial-public-offering-ipo/

[@johncurran9597]

This is a wonderful video. Ted's language reminds me of the Dick Schwartz's work called "Internal Family Systems" (IFS) which I used to help and heal myself during after a divorce. Is Ted drawing from that? The insights of IFS and this video are profound.

[@DaytradeWarrior]

Thanks John, that does sound familiar but I’m not sure I’ll have to ask Ted

[@איןעודמלבדו-ו1ח]

Hi I wanted to ask a question !.!.! In the gap and go strategy when the entry trigger is the highest in the pre-trade fruit market Does it matter when the stock at the start of trading gets there at the beginning of trading or is it possible to wait for it at least an hour from the start tanks

[@DaytradeWarrior]

If you haven't had a chance to attend yet, one of the best ways to learn more about Ross' gap and go strategy would be to join us in the next 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/

[@Red-xp7gv]

Two professionals talking about the importance of physiology in trading. Amazing podcast!

[@DaytradeWarrior]

Thanks for the comment!

[@Rndhld]

+1 also to trading small. If you are bordering on having a panic attack in a trade, chances are you're trading too big for you risk tolerance or abilities. I mean, seriously, if you trade only the best setups, you don't need that much. With a good entry of a few hundred shares and then riding the trend and trading smaller size around the breakout points and bailing out where the chop shows up... on a stock that will move 300% on a day, how big do you possibly need to trade?! xD

[@DaytradeWarrior]

Thanks for the thoughts!

[@danp3677]

You can really see the emotion in Ross when he is talking about the emotions that arise while trading. Ted could/should be a therapist! Talking about the emotions of trading is very important so we understand we are not alone. Then we can work on them so we do not continue the mistakes. Thanks Ross.

[@DaytradeWarrior]

We appreciate the thoughts!

[@adamastorga4138]

Hey Ross, on a bull flag pattern breakout do I enter when the buyers push the price above the BODY of top candle or should I always include the wick????? Would I enter as the stock breaks the BODY of the previous candle or would I have my entry when the stock breaks the top Wick?

[@CScott-wh5yk]

Enter on high of previous candle

[@DaytradeWarrior]

If you haven't had a chance to attend yet, one of the best ways to learn more about Ross' bull flag strategy would be to join us in the next 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/

[@Scott-qr5so]

Ross your audio in this was very low, i could barely hear you while on the treadmill.

[@DaytradeWarrior]

👍🤓

[@azapata1113]

Hhheeeellpp..we need some advise about GCT...SO MANY RED CANDLES!!!

[@DaytradeWarrior]

Stay tuned for Ross' next recap, or join us in the Warrior Trading chat room! If you haven't had a chance to attend yet, one of the best ways to learn more would be to join us in the next 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/

[@markhopkin.]

What advice do you need? I am guessing you took a position thinking it was going to the moon and now are looking at some big losses?

[@JosephFultz-v7d]

Does not feel fair because I'm on the very bottom and have no help 😢. I'm still very grateful for the opportunity to become a trade master

[@matthale5388]

i skipped the shaman and went straight to the warrior :)

[@DaytradeWarrior]

👍😎

[@Roadking2000]

no offence ross,..but its difficult to hear you,..but I can hear your guess load and clear.

[@DaytradeWarrior]

Sorry, it was hard to fix the audio because we used two different mics and Ted's was a lot louder.

[@Roadking2000]

@@DaytradeWarrior no worries,..Im still hanging on your every word. Love the podcast.

[@charleabythesea]

Morning

[@DaytradeWarrior]

Thanks for watching!

[@Rick-yg7vt]

The fact that theres only 17k views on this shows who focuses on actually learning and getting better.

[@DaytradeWarrior]

Good point Rick!

[@kidmystery2010]

I'm practicing with real money 1 to 10 shares at time

[@DaytradeWarrior]

Nice!

[@ALPHA-DA-FENNEC]

Mornin

[@DaytradeWarrior]

Thanks for watching!

[@JosephFultz-v7d]

My situation in life is a total disaster and is so hard 😭

[@DaytradeWarrior]

Thanks for watching!

[@JosephFultz-v7d]

@@DaytradeWarrior there has got to be a way to out smart the algorithms. I can't take much more of there

[@Flow_State1991]

TAKE THOSE BIG DAYS COMPLETELY OFF ROSS. REST DAY FOR THE BRAIN. 💪🙏

[@DaytradeWarrior]

Thanks for the comment!

[@moa3810]

You can't "practice" discipline on a simulator.

[@DaytradeWarrior]

yeah you sure can. Anything you can do on the real market you can practice in a trading simulator.

[@moa3810]

@@DaytradeWarrior You mean you have the same emotions running through your body in simulator trading as in real trading with real money on the line? I highly doubt it.

[@ALPHA-DA-FENNEC]

Ayyy

[@DaytradeWarrior]

Appreciate the comment!

[@SunnySpaceCat]

Why do these Gurus always focus on making sure you're okay losing money instead of explaining how to actually make money? I think it's because the fear of losing money is why most people never get started and they won't buy any courses or special accesses if they never start.

[@FinTra_]

When you take a loss on your birthday like you did, take the small loss and think of it as giving to the needy for your BD 🤣🤣🤣🤣🤣 Be generous on your bdays and 1st of the month give to your fellow traders some 🎁

[@DaytradeWarrior]

Thank you!

[@leek1639]

Sure easier to be compassionate when someone else lost the money

[@DaytradeWarrior]

Thanks for the thoughts!

[@zanalife849]

Unfortunately the sound is terrible. Ross is so low hard to hear. While the other person is very loud.

[@AruPolik]

Change your phone

[@DaytradeWarrior]

Thanks for your feedback!

[@WriteMeASong7]

@@AruPolik I’m experiencing the same thing. The guest sounds clear, Ross sounds low and muffled. Not critiquing, the content is invaluable and I’ll re listen if I have to. Just a feedback for Ross for his future videos. I’m listening on my iPhone 12 Pro Max.

[@Flow_State1991]

Wear headphones like I did. While I was fitting a kitchen at work.

[@shreyashemma]

I hear fine