THIS ⚠️ is why day traders LOSE money
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- Опубліковано 28 вер 2024
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Warrior Trading // Ross Cameron // Day Trade Warrior
yes SMARTER not harder! I always tell my guys "why reinvent the wheel" as well
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Click here to Access my Small Account Strategy PDF, Micro Pullback Strategy, My Technical Analysis Guide for Beginners, and receive a link via email for a two-week trial at Warrior Trading 🍏 warrior.app/truth-about-trading-free-gifts
If I stick with this and pull this off you will have helped me turn my whole family around. Generations repaired because of my forward thinking in your coaching. my kids Thank you
That’s a super rare 23 window Volkswagen bus in the back. Valued around 120k, Ross is super stealth wealth. My father has the normal vw bus
So true, it is important to appreciate small gains. I lost a lot of money trying to grow my money fast
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Ross this was a great comparison video. I checked into Trader Rebab today took 3 trades, small size, all green +$59. I was trading much larger size over the last few weeks and took 100s in losses due to over trading and not sticking to the basics. Been a Warrior Pro for 6 months but I still fall off of the wagon every once in a while lol. Thanks for all you do!
Way to go, keep at it!
I’m in the same boat but trade different type of stocks. I always try for huge wins and fail. I need to be happy with what works and small gains every week
1:05 was brilliant psychology
Thank you!
This is exactly my issue. If I had taken my base hits I would have been a millionaire by now.
20/20 hindsight, stick with it!
Only been interested in the possibility of trading in the last week. So many on You tube, promoting big bull push, leaps and puts. Others dive into large break outs, mass profits. Your straight forward transparency of basic format. Go slow.Take the base hits regardless which league you are in. Small % profits are still profits. Simulate, get your skills, go in small and work your way up. Progress in small accounts, increases as the skill set grows. Keep your strategy simple. These are things I have learned from you in less than 10 videos. Will join warrior traders when funds allow. Practicing on webull. Thank you for your content. I was at the point of just dismissing the whole venture of trading before I found your channel. I greatly appreciate the time, effort and quality content you provide. Have a blessed day.
love this channel!!!!!!!!!!!!!!!!!! Ross is the truth!!!!!!!!!!!!
Thank you Jeremiah!
So well articulated 👌 Thanks,
My pleasure!
Curious what kind of camera you use when making your videos
This is awesome and makes perfect sense. Hope I still feel that way when I'm sober.
Glad it was helpful!
This is so educational, love it!
Thanks for the feedback!
Great concepts … would you have the link here for registering the the 2 weeks …
Nejad, email our team to learn more! team@warriortrading.com
Appreciate you!
Thank you!!
awesome video Ross
Thank you!
Greed isthe downfall, end of story!
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If you had to start from the beginning, which things did you do and which things didn't you do?, be honest and real!!!!!
Ross just did a video on that for our Warrior Pro members. He goes over how he would trade/plan if he had to start over. If you'd like to learn more about getting started email our team at team@warriortrading.com
You know what, I started trading in 2020 and I used to trade TSLA specifically, often turning 1 $700 contract to $1200. Imagine now trading SPY specifically and taking profits on 10¢ moves with 100+ contracts. IMHO, most people just don't have the upfront cost.
That's certainly part of it. All about finding what works for you!
Is North England in North Dekota?
New England is in Massachusetts comprising the states of Maine, Vermont, New Hampshire, Massachusetts, Connecticut and Rhode Island.
Thank you Ross. Also noticed your hat didn't know your a deadhead but I always could tell you were a vibe.
You're welcome Keith!
Totally hear ya, Ross. I was green today until about 1pm and kept trying to find profit is some sideways/choppy stocks because I “hadn’t made enough money yet today”. And PAID the price!! Lost double what I made in the AM for an overall RED day 🤬
It happens I still do it once in a while myself
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Where can I buy some warrior trading maple syrup????
Coming soon lol!
@@DaytradeWarrior if you get a chance, swing by my buddy's maple syrup farm Maverick Sugarbush LLC in Sharon, VT. Say Hi to Freddy! he has 500 acres with a nice operation.
so true
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I am using a 550K account to profit 500$ to 1500$ per trade. I get in, I reach a very small profit target and I GTFO. If at any point I am down 500$ or the trade goes to zero I GTFO. I just use smaller profit targets. Some people think I am crazy to use 300k to 500k to make 1000$ but it works for me. After I am profitable by over 1500$ I turn the computer off and stop trading. No more risk for the day. Trading in an IRA so if I want to short I use inverse ETF's
Nice, all about having a process and sticking to it!
Can I re take the special offers
Email our team and we can see! team@warriortrading.com
There was a lot of small cap speed out today..I caught 1 good 1 ..when there is a lot of small cap 45% and up things only go up around.05 cents at a time very hard day ty Ross u rock
Nice, thanks Daniel!
God bless you brother. You are awesome. Someday, I will be as successful as you are and probably compete with you. I lost over $250k in a matter of 2 minutes, but I am rebuilding my account back from $3K.
This one goes viral!!
Haha glad you think so!
New England... I honestly thought you were from British Columbia because of your accent.
Haha!
%100 right
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If those stats are accurate and 90% of the people who tried day trading fail and move on to something else, I believe it’s because they thought it would be easier and decided to go the easy route and work for a guaranteed paycheck every week or they gave up and didn’t give themselves enough time to become successful. I’m a firm believer that we can do anything we’re willing to work for and not give up. Some people take a year, others take several years but anyone can do it if they don’t give up
100% agree. Trading is HARD but it is possible. Most people can't or won't take the time to learn it properly or they size too large too soon and blow themselves up.
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Don't look into the "90%" number. 90% of all restaurants fail in the first year. 90% of all businesses in, in general, fail. The reason is 90% of all people can't run their own business. 90% of all people "try" to start their own business, fail, and quit. End of story.
True but people also do lose their whole life savings day trading. Don't give up is an easier meaning for something that won't ruin your life
@@shawnalexander7914 the same can be said for anyone trying to starting a business
You put all of that money into a business and for whatever reason it fails, then what?
You have the potential to lose hard in both. The only difference is that trading allows you to have a better control in how much you’re willing to lose.
Thank you Ross. You are the best. Today was a great day…did not break my rules and made money with GNS. Last week was bad very bad losses. I pray for a great week and days to come for all of us. What I have learnt from you Ross is priceless…from Canada 🇨🇦 with much appreciation
You're welcome!
I make most of my money in the first 90 minutes and loose most in the remaining hours.
That's a good stat to know, all about being able to adjust!
Same every day
According to your videos I watch everyday. I believe in Ross is not only a good teacher but also a very good person as well, by reminding us using margin is risky, starting with mini account first, and trading less until best setup shows up......Thank you so much my dear teacher.
LEGEND. i am now a successful trader watchingyour videos and learning the hard way. If i get green, in 1 2 trades, i turn it off and don't look at the market again unless i am notified of a massive move or some crazy news. Because of you brother ross
Thank you!
last year I lost everything, all my savings were with a company that went under. (not a story for here) so I lost faith and have sat doing nothing other than feel sorry for myself. Today I watched this video, and for the first time in a long while, felt that fire in me which I used to love. I am ready to learn new skills.. Thank you Ross
You're welcome Neil!
I cant figure out how to get out of a trade quick enough if it doesn't break up. Regularly it'll dip so fast I end up negative on the trade. Ross will be in and out so fast I am not sure how he is able to get out and be "flat". Take VRAX from today. The drop was nearly instant.
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Thank you Ross ! I’ve watched the video 2 times already ! You are the best teacher ! The way you talk to us it feels the most real and academic way to teach ! Thank you so much !
You're welcome!
Really cool story 👍 But at the end of the day, what kind of pancakes you like !
Blueberry of course!
@@DaytradeWarrior 👍
This is so true. Started in 2020. Took 4 yrs. Im finally recognizing patterns calling out trades ahead of time...half of the time I'm trading the same stocks and getting in at almost the same time as you im finally making money. 4 long yrs. Everyone forgets the turtle won the race.
All you have to do is short 90% fail at trading because they all go long if everyone went short the statistic would turn to 90% success rate
Maybe!
Been folowing Ross for 4-5 Years now, im not a Member tho because i prefer Long Term Investing and Swing Trading, BUT Ross is the #1 Trader on UA-cam. His Experience, Approach and Accountability are insane. I follow Crypto, Stock and Forex Traders but Ross is THE Best Trader. Even this Maple Syrup example is just amazing.
Haha thanks Kastro!
100% right
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i some how never thought ab it this way, thank you
You are completely right. I'm paper trading right now with a new strategy on the 15 min chart. So far so good. Going to test this new strategy for about a week or two to make any adjustments on my indicators then go live. Thanks for the videos.
Nice, good luck!
Why does it say zero losing trades on your report? Thanks
Awesome video Ross. I have noticed this to be true but fell into the mindset of my small size needing bigger moves while being bull-headed and not taking the small wins instead. It's actually why I would go a week or two of small green trades and then lose all that progress in one day. I would lose patience in small gains while comparing my wins to huge wins of other traders and knowing I need to take more risk I was doing it incorrectly. If I stick to small wins Im green 70%+ of the time and I know I need to stick with that even though it'll take longer to gain what I want to gain.
Thanks for the reminder brother.
One thing that I hear successful traders talk about is tracking their trades. I have a dashboard and run reports, but I don’t really track every individual trade that I take. I wonder if I won’t be successful unless I start doing that.
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So my mistake is this. If you and I were to take the same trade at the exact same time. Say 2% of our account. You might pull your profit off at 10% and make alot of money. That's roughly we're I should be looking to take my profits. But because I'm only make say $30 I say screw it. I'm swinging for the fences and I'm going to make $150 cause $30 isn't satisfying enough and the big guys make big money so i want to make big money. Even though I know realistically if I just take that profit I'd be up $30 and not losing maybe $100-$250. That makes sense.
There's been countless times I should have taken a small profit. I would be up so much by now!
Hi Ross! I’m so glad that I found your channel. Thank you for all of your inspiring and educational videos, you are the one trader from all over the UA-cam who are actually real trader. Can you please answer my question? Can I apply your strategy for forex trading?
Yes you can, the patterns are the same.
100 share $79 profit azul. Honestly, i would not have cared even if it was $2 profit. All i care about ,when i used to trade, and now back on it, is when do i get out irrelevant of profit or loss i don't even look at it of i am up or down.0 emotions
Keep it up!
Thank you Sr.
Yea I learned this the hard way lol. But I’ve been consistent since I ran into your channel and always tell myself green is green.. Hope to join warrior trading soon thanks for all this free knowledge you pass down.
That's what I forgot lately and been going for the home runs. Been killing me. I'm going back to this frame of mind. "Green is Great "
Love to hear it!
3 days is 36 hours.......hmmmmm
This is absolutely true. I started my account in September with a cash account at $100. I’m up to almost 5k with a win average of 68%. I trade conservatively and I’m only looking for a 2:1 profit ratio. I might make 10, 15, 20 cents of profit per share, but it’s working very well for me. Start small and grow your nest.
Thats great, can I ask how long it took you?
Awesome! Nice work!
@@rizwan101 since the beginning of September before that I spent 6 months in a simulated account to get a strategy together that works for me.
@Joe Kickass if you’re focusing on pullbacks just make sure to try it in a simulator first and if you are consistently profitable only trading the pullback then it’s a proven profitable strategy that you’re comfortable with and definitely worth trading in your live account:) and my hand was shaking and my heart was racing the first time I pushed that buy button, so I can definitely relate. it was a crypto stock (dot) and I made $12. Lol.
From $100 to just under $5K in 6.5 months?? If you grew your account from $100 to $4,500 in 6.5 months, that would be a 4,400% (percent, not dollar) gain!! On an annual basis it would be even larger. Please give us the details.
Am I the only one that caught the "3 days is only 36 hours"
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In Québec, to make monney with maple sirup, the create artificial shortage. But good luck !
You are the GOAT Ross
Im waiting for somebody to come up with a strategy for trading while sleeping because i work 2nd shift and dont get up for work until the markets closed and im asleep before it opens 🤣.
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We are all FOMO and we all want to be successful right away so we all rush as not 3veryone can afford to grind. Yea that is main reasons why there are so many failed traders
Thanks for sharing.
That was a beautiful analogy of beginning traders. You are so right. That's what I do. Turn all my winners into losers. I always get 10 15 cents of at least 70% of my trades, but I've been looking for the home run. It's been killing me. Thanks Ross. Great video man
You bet!
Thanks, Ross. I like your coat.
You're welcome Isaac!
Ross, this is probably one of the best videos you’ve made. Really puts things in perspective for me. Thank you and see you in the SC room.
Be well.
Glad you enjoyed it!
great information but didn't need the outdoors back story, should have skipped all that.
thumbs down only for including it.
You're welcome Dave!
This is GOLD.
Study charts. Apply. Win. Only thing that can bring charts unexpectedly to a rise or fall is the news. So keep up on that too.. Im new trader and i profit 8/10 times
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I appreciate all you do with your teaching, but off subject . Is that a vw bus 🚌 n the background! It looks nice
Thank you!
this is such a random comparison but i love it. love that youre just in the middle of new England somewhere and not being fancy shamncy on wall street. it makes youre videos that much more interesting!
Thank you Lyena!
This really put things in perspective for me. I was definitely the type to expect huge moves in the asset to make huge gains
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“Purchasing said common shares for personal account and For investment without any intention of reselling or redistribution of common shares”.. anybody explain what this means in simple terms on a stock purchase (subscription)agreement ????
I started with $200 in my trading account. Within a year it was $3,000. I then grew it again to $7,000. Every trade helps build the war chest.
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If my summary in my previous comment is flawed, I apologize. Just what i have absorbed from the content of your videos. Thank you again.
GOLD. Great analogy, great story telling, great lesson.
Thanks Ross.
You're welcome Jess!
I had realized this concept from experience as a new trader but I don’t know I was still trying to get someone (a pro) to tell me before it establishes in my head as truth. Thank you Ross.
You're welcome!
Hi Ross. Just started watching your videos. Very much enjoy the content. I see you mostly trade stocks. I recently started trading ES futures contracts. How much of what you teach can I apply to my futures trading? Thanks!
www.warriortrading.com/best-futures-trading-platforms/
Can you do some more live trading videos and post it on UA-cam? I would love to see what you see when trading. Please!
Ross does have a number of live trading on UA-cam that you can find by looking through the channels list of videos. If you want to watch Ross live trade everyday we recommend looking into the Warrior courses: www.warriortrading.com/trading-courses/
Gotta get me some maple syrup
Great vid, btw
Thank you!!
Thank you Ross! The first link in the description is broken. FYI.
Ross I have a $4700 account and I lost $300 today.
Sorry to hear that. www.warriortrading.com/paper-trading/
100% boss y are the best teacher i learn from him thx
Thank you Elie!
Trading with 1000$ and consistently gaining 10 - 20$ a day
Nice work!
You are in NH or VT?
Western MA now!
Your're so sappy... :D LOL
😭
That was an awesome explanation and the best comparison for success.
Thank you!
Good Information and Video Ross. Appreciate it.
Any time!
One of your best & most simple videos yet...see you in the rooms.
www.warriortrading.com/trading-courses/
I am a Veteran Trader and I 100% agree with what my man Russ has said here! He is 1 of the VERY few Traders on YT I have found to be legit! Respect! 😎👍🏾
Thank you!
You are so awesome for doing these for free man!!!
This episode was like you were reading my mind 😆 also like a journey through space and time!!!! Hehehehe. I really felt like I was watching the discovery ch. But with trading insight. Really a quality production. Definitely planted my feet back on the ground. It finally dawned on me how long I was base hitting before the great HALT UP came my way. I am also like others thankful for your personality, articulateness and your dedication. You're a well spoken individual. I am grateful. Keep on rocking in the free world. 🖖🏻
Thank you Austin!
No trade restrictions is a golden parachute
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Thanks 🐐
this is gold !!my mann!!
Glad you think so!
Hey this is a FANTASTIC episode!
Thank you!
Question from a newbie. What is the best way to find stocks that are volatile enough ( fluctuate within the day going up and down ) but have smaller caps that are more affordable to buy? I am currently trading mostly those expensive mega-cap tech stocks that requires larger capital as their price per share is high but it takes a lot of capital with small gain like what Ross is saying.
Ross uses scanners to find the stocks he trades. You can learn more here: www.daytradedash.ai/
International Scout fan are you…awesome!
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Goat 🐐
Thank you!
Every day 100% runners
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Very important
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