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/
I started trading with $10,000, thinking more was better, but it was a mistake. After 6 months, I withdrew most of it, leaving $1,200, and started focusing only on high-quality setups. I switched to a cash account, withdrew profits daily, and reset my account. This limits emotional trading since my buying power is restricted. Now, I have big green days and small losses, avoiding major drawdowns. With discipline and consistency, I’ll reach your level soon, Ross!
@ I would have good consistency with my big account but seeing all that buying power I had just made it more easier to revenge trade when emotionally hijacked 🤦♂️ removing most of the buying power made me keep my consistency and avoid those big red days and it’s what I needed, once I get those emotions under control I’ll be able to increase my account size slowly.
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.
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
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.
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😂.
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!
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.
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.
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”
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!
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.
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?
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.
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
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.
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!! 🦅🦅🦅🦅
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...
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
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?
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.
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
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.
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.
@@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
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!
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
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/
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.
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?
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
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
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.
Appreciate the advice! Bought XAI21K at $1, holding for 10x gains. Major exchanges like Coinbase, Bybit, and Binance are set to list it soon. Your insights always lead to great investments. Excited about this opportunity, thanks for the tip! Looking forward to significant returns!
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.
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.
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.
“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.”
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.
Does anyone in the Warrior Trading community (the leaders) trade large cap stocks? If so, do they make videos? Just wanted to learn another set of stocks if possible
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 UA-cam does live trading with interactive chat every morning for 4 hours. Between Ross and that show, thats my education.
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.
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
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.
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
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.
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/
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.
I started trading with $10,000, thinking more was better, but it was a mistake. After 6 months, I withdrew most of it, leaving $1,200, and started focusing only on high-quality setups. I switched to a cash account, withdrew profits daily, and reset my account. This limits emotional trading since my buying power is restricted. Now, I have big green days and small losses, avoiding major drawdowns. With discipline and consistency, I’ll reach your level soon, Ross!
Damn! Well if it didn't go fast then you'll be fine. That 1200 should motivate you. You'll bring it back up. It happens.
@ I would have good consistency with my big account but seeing all that buying power I had just made it more easier to revenge trade when emotionally hijacked 🤦♂️ removing most of the buying power made me keep my consistency and avoid those big red days and it’s what I needed, once I get those emotions under control I’ll be able to increase my account size slowly.
How can you make any money with just $1,200?
What do you average in a day, or in a week?
Thank you Ross for introducing Jess and showing it’s possible to become successful in time
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
I've been waiting for this interview! I look forward to his mentor sessions every week!
That was an amazing conversation that I would also recommend to non-traders !!! Very relatable, that's why I keep coming back :)
Thank you!
"And just remember OUR results aren't typical " 😂❤ 👍🏻👍🏻
This is a good interview. Good content, very relatable, and a likable guy. Thank you
Glad you enjoyed it!
Thanks Ross and Jess! 🎉
This is gold. Thank you Ross and Jess!!
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 :)
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.
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
Give him an account with 10 dollars. This will either set him up for life or give him a crippling gambling addiction 😂
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
That was great! Thanks guys
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.
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😂.
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.
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!
@@DaytradeWarrioryou're a great trading teacher, thank you for sharing and the education.
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.
SO happy Jess is back trading.
He take a break??
@ like online
Please more interviews …. It was great !
Thanks guys! Always good to see you guys taking shop!
Good video Ross. I like the vids you’ve been putting out lately. Jam packed with info, easy to digest & relatable! Thanks for sharing
That's an amazing podcast. lots of key points to write down
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.
I am glad you they are helpful !
Good video. Thanks guys. 👍👍
That's an interesting approach for Jess's trading accounts he explains in the beginning. I've never considered that before. Thanks!
Thank you Ross and Jess
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.
Hey Ross, may I know which Level 2 / Time & Sales market data do you subscribe to?
I have Totalview, some like to add ARCA book
@@DaytradeWarrior thank you for responding. I use ARCA. I was just wondering if I missed out on any.
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”
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 😂😂
Great interview!
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!
Thanks Ross and Jess !!!
Awesome interview thanks Ross
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.
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?
Very insightful conversation! Thank you!
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.
Well,it would be valuable to know how to deep dive a company, but i agree, acknowledge the headline, focus on task at hand
Fantastic interview!
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
the wife destroyed the Lambo dream :D as always :D... excellent interview! thank you guys
Awesome interview Ross! ;) Cheers!
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.
I miss Jess. Good to see him doing alright
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!! 🦅🦅🦅🦅
Thank you Ross
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...
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
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?
Ross doing interviews now? I like this new content
Ross’ methods are as good as it gets folks… don’t pass up his advice. There’s a reason he’s the BOSS
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.
When the spread is very large over 20 cents or so I just adjust my share size for the volatility
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
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.
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.
@@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
@@Noticing-Enjoyer your mom should give up working the streets
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!
Mocha Joes!!! I was there this past summer. grew up near brattleboro on the NH side.☕
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
Yup
@@BartTradeswhat happens..??
Have no fear! Based on my first 8 months in a simulator I have very little chance of becoming successful.
What would you consider a small account, how much should I fund my account?
XAI93W will be one of the biggest projects in the future. 2024 will be on fire
*2025
Ross what off shore brokerages would you recommend for easy transfers and good leverage?
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 $25k! www.warriortrading.com/how-to-day-trade-without-25k/
What offshore broker do you use?
Jess uses Ocean One by STG Global Markets. Ross uses Lightspeed.
@@TheJoe7Six Been searching for that info a LONG time! Thank you! ❤
😱 I'm from NYC. I hope his skills rubs off on me
💚
I feel its a little more annoying to trade if you live on the west coast😂 my 3am is your 6am. especially if you have a normal job. losing sleep doesnt help to be focused.
Elon knew the XAI93W idea and the key changes coming with it, better be prepared for a large run
Red candle going through the floor!! 😂😂😂 how could this happen???
We need Jess to talk about his off shore broker.
He uses CMEG same as me
I rely a lot on Level 2. However, I don’t know exactly where to focus more on. For example, should I look at the middle or the bottom where the stock is being bought or sold at its lowest and highest. Thoughts?
Really I look at the top of the book at the current price on the bid and ask
Hey I was curious what is your guys Profit Factor average per year. I have been looking more into it lately but a lot of examples are for swing trading was curious what other Day Traders are at. I am at 1.15 Profit Factor trading mostly a higher meta Mid and large cap momentum strategy
XAI21K is still extremely undervalued
I agree. Its not a race. I don't need Alot. Just want to "feel" successful or a sense of achievement.
Even if i only make a 100$ a day.
Spot on!
Cool thanks!
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 😊
Big bro Ross Cameron ❤❤❤🎉🎉🎉
Blue beanie w blue dino is 🔥🔥🔥
i love ross cameron
What broker does Jess use?
Please give me tip on trading companies who do small accounts and offer real time candle sticks on their portal
Thank you
Any specific tips for starting small?
Yes it is no different than any other style of trading! .. Take it slow!
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
Exactly!
Want to hear about which offshore brokers are best
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
I've lost 10k this yr. 😂 starting back at 100
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?
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
Your video convinced me to invest in XAI21K, expecting 10x gains. Excited for listings!
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.
What broker does he use?
Appreciate the advice! Bought XAI21K at $1, holding for 10x gains. Major exchanges like Coinbase, Bybit, and Binance are set to list it soon. Your insights always lead to great investments. Excited about this opportunity, thanks for the tip! Looking forward to significant returns!
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.
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.
Somewhat true but I can avoid that happening by getting in early and just get out early and stay green
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.
“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.”
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.
why dont you just put the daily stop loss level within broker?
Can anyone share which offshore broker Jess uses? I’m guessing Interactive Brokers.
Does anyone in the Warrior Trading community (the leaders) trade large cap stocks? If so, do they make videos? Just wanted to learn another set of stocks if possible
Nope, we’re trading small caps.
anyone trading how do you monitor the continuation of halted stocks? can't find any info about it...
Halt levels and imbalance is provided by the broker on the level 2 montage, most direct access brokers offer this information
Thanks Ross! actually i did find exactly the same after i asked this question and did some more searching
Can't find the Technical Analysis PDF
Which broker he is using?
He is on an offshore broker Ocean One securities
Doesn't the leverage go into the negative too? So you can lose more than your initial investment? Owe the broker situation?
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 UA-cam does live trading with interactive chat every morning for 4 hours. Between Ross and that show, thats my education.
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.
@duffnexter1 thanks!
@@downhillwheelie yes, but only out of your account. you wont have to pay anyone. you are automatically sold out before your stock hits zero.
only if you short sell
Hey Ross I find mu self in the same spot...Please help me...
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
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.
@ 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.
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
Let’s go
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
It’s all about diversifying income
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.
Webull has decided to close my account. I'm getting better
what why
Following you for a year, made $10K in profits. Bought XAI21K at $1 is a BOOM!
Thanks for continuing updates! I make an average of $32,000 per week even though I barely trade myself.
😂😂😂 shout out to Ria