Instead of buying drugs or alcohol, i use that money to play in the stock market . That special " rush " i get from just pulling out 100 bucks is worth it to me. Thanks for being a great teacher. I would love to do the warrior package , but right now , i sadly am at work , the entire time, the stock market is open. 😢
1. Dont buy after MACD crosses over. These are on the backside of the move will have false breakouts. 2. Below VWAP...12:49 3. history of false breakouts. 24:20
Ross I wanted to say what you’re doing is great but more so that your personal communication skills are extraordinary. I know we often don’t hear thanks enough and as a ft trader myself I’m not a instructor of how to’s. In fact I am terrible at it and overly technical. I refer people to you and your series of videos because I know they will learn and enjoy watching your clarity and enthusiasm. It is magnetic. For anyone new to trading that is reading Ross really explains properly what you need to do as a new trader.
Ross, I just saw this video today. If I had seen it a year ago, I could have avoided losses, saved a lot of time, and not missed opportunities. Thanks.
Thanks for sharing great refresher . I liked # 2 on false break out history very good point 👍 I alway say if it looks like a porcupine don’t grab it lol👍👍👍. 🥂
I've been day trading for a few years now, and FOR ME, personally, there is one golden-rule above all else: Don't get greedy & go against the trend. SO many times I'll see (what I think are) SURE FIRE SIGNS that a trend shift is about to transpire! But, I end-up being incorrect, oh, about 90% of the time (if not more.)
This video really produced my first BIG AHA! MOMENT in learning about trading and how to read a chart properly. INCREDIBLY helpful. As always. Such a priceless gift we get on the daily from this man!
This is the lesson i need today, i bit on a hard false breakout.. had a good entry point but should have bought a the inverse .. and premarket so it slipped below my stop O wanted quickly and i just watched 😅.. I ended up closing due to risk .. then jt climbed back up .. a lot of lessons and i think i played every single part of this trade wrong .. like a horror movie. 🎥 😞 i went upstairs
Thanks Ross! I’m following and viewing your videos multiple times daily. As a retired Navy Officer I commend you on your professionalism and your strong communication skills. I’m a swing and long trader, but also I’m now interested in “day” after listening and following you. Thanks again for sharing all of your knowledge!!
im 18 yrs old and i just started getting into trading your videos have definitely left me with a lot more information than i had prior and i hope i can continue to grow and learn with your help im glad to have found you
Hey Ross with this tool and the others you have explained in the past I already avoided a false breakout and a confirmed a failed flag as it developed. One of the best videos from you.
Thanks just lost some cash due to choppy action and then a drop. I’m usually saying why why where are you going but now I know why. I’ll try the MACD approach. Thank you so much.
I’ve got good news and I’ve got great news. The good news is that I took some great profits on ALT this morning. The great news is I used your method that you demonstrate here and it helped me avoid that next loosing trade. Thank you so much for sharing. Subscribed!
If I had seen your video 30 minutes earlier I would not take a position at APDN (thanks to stop loss, I only lost 1% of my small account). Please keep sharing videos like this, it really helps people !
Hi, Ross. This video is very useful. As a beginner trader, i also get caught by false breakouts and always wanted to know how to at least try to avoid them. I really appreciate your work input for your UA-cam viewers. And i also find your website really useful. Thank you so much! By the way, i started small account challenge on my demo account with 500$ on Friday, because i got inspired by your small account challenge videos. After 3 days, I’m at 662$ point 👌🏻 Your advices for small accounts are really useful! 👍🏻
What platform are you trading on if you dont mind me asking. Im looking for one atm. Used webull for paper trading. Ready to start a small account but i heard cash cant day trade
Thanks so much. I have been chasing false breakouts of late, forgetting all of my discipline. Been trying too hard to find good trades in this volatile market
Thanks Ross! I've been running into this issue recently and you helped shed light on how to approach it. Definitely will pay closer attention to my MACD.
Well, I’m learning something. I traded the false break you illustrated :-). I was irritated and inpatient, ran a scan, found the stock and jumped in right behind the HOD peak after it had run-up and retraced four times. I got out fast enough to lose $40 vs $400 but kicked myself once I figured out what happened. The words you used today were exactly the same as mine as I reviewed my trade. This is good news. Not great but at least you are rubbing off on me through these videos.
Thank you! So glad Ive found you! Having watched gazillions of trading videos on UA-cam I vote this one of the TOP.. not confusing... easy to follow.. people can tell you care!
I just watched this video for the third time. I've learned so much from your youtube channel and now subscribed to DTD. Thank you for putting this content out - I'm in the "sideways" phase of learning trading, but I'm sure I'll be hitting a decent daily goal soon, even in these horrible market conditions. I will sign up for the Warrior Pro course when I can.
Hey Ross - this was a great educational video. I am on your intro $20.00 2 wk course and loving it and quite sure I will be taking the Warrior Pro Course. I am a new trader and been checking out many You-Tube Videos from many different traders and educators and yours are the best by a long shot. I really loved your video on education - that one should be pushed way out there and made to go viral. Best, Mike Rock - new trader
This is a perfect assessment of what AMTD was on this day, i traded it premarket, kept watch of it but it did not showed me what i needed to see. I find it's also very obvious on the L2/T&S but that one is kinda hard to explain i find hehe, good video!
Ross, I can't thank you enough. You have helped me become a good trader and I'm getting better every day. I loved your warrior trader program. A MUST if you want to learn how to day trade. I hear you in my head daily and this helps me from losing money. This video is great too!
Live action and what happened already in the chart u pointing out are different. Right of the false break out area u pointed out, the upper mAcd line going upward, after prices falling down a period of time they will drag the upper line downward. Sometimes price go up like the second mountain on your chart, sometimes price drag down u never know, if I know u get so rich. U need more indicator to confirm it is a false break out, with MACD only u can’t predict the break out or get out of the false break out earlier.
Amazing video. True professional. Ross I tried setting up the MACD to look like yours but no success. You only have the histogram and Signal line on? We’d appreciate it if you can share how to get set up like that
Ross uses the default MACD settings: 12 fast, 26 slow length, 9 smoothing (12,26,9). This is using the Simple Moving average. When displaying the indicator, Ross likes to display the fast and slow lines as a histogram. Every platform might be slightly different in how this is added or edited. Please contact your platform provider if you have issues with this.
Ross uses the default MACD settings: 12 fast, 26 slow length, 9 smoothing (12,26,9). This is using the Simple Moving average. When displaying the indicator, Ross likes to display the fast and slow lines as a histogram. Every platform might be slightly different in how this is added or edited. Please contact your platform provider if you have issues with this.
Thank you Ross. Thank you for taking your time to explain and answering the whys and when’s of the would be questions we as newbies my ask. I would like to see how do you select stocks to trade everyday. And which stocks to keep an eye on and for how long do you keep an eye on it ! Please help. Can you sell a lesson dedicated to stock selection ?
I never really use bottom charts. Sometimes rsi is good for knowing when a move is over. Anything over 85 or 90 is cooked. Also seeing what value on the rsi the stock tops at, I use 5 min chart. Nothing for my 1 min chart maybe I'll try macd
You must be reading the tape at the same time as reading indicators ross, I think it would be great if you could interlink this and explain what your seeing and/or looking for on the tape during these moves? Cheers
If you haven't had a chance to attend yet, one of the best ways to learn more on this 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/
Hey Ross how are u ? Aspiring trader here interested in learning. I've watched a lot of yr vids an I like yr vibe. I'm having trouble on the aquipment needed to get started
Hey Gabe, Dog Days of Summer Sale at Warrior Trading- Save 40% on Warrior Pro All Access. Includes Day Trade Dash access, Ross's stream daily, Warrior Member only chat rooms, Ross's strategy class, live mentoring and much more www.warriortrading.com/dog-days-2022/
Interesting to know you incorporate the MACD during more questionable periods of the market. Quite honestly, the MACD is something I've usually had on my charts. If there was ever a time I trialed a new strategy without it, the MACD has eventually found its way back into the equation.
Download the Micro Pullback Strategy PDF and other great free resources here warrior.app/technical-analysis-series-gifts thanks for tuning in!!
Ross you know how to replicate the MACD you are using in this video on Think or Swim?
@@DJVijilante Good question. I spent quite a while in TOS and was unable get the MACD to look like Ross's.
Thank you Bro
l am glad you explained how you use MACD oscillator ndicator and think I picked up some valuable information. We will see how it goes next week
Thank you so much, for posting these videos!
Instead of buying drugs or alcohol, i use that money to play in the stock market . That special " rush " i get from just pulling out 100 bucks is worth it to me. Thanks for being a great teacher. I would love to do the warrior package , but right now , i sadly am at work , the entire time, the stock market is open. 😢
1. Dont buy after MACD crosses over. These are on the backside of the move will have false breakouts. 2. Below VWAP...12:49 3. history of false breakouts. 24:20
NO CAP YOU ARE THE BEST STOCK TEACHER
This dude is a good teacher… hats off
Ross I wanted to say what you’re doing is great but more so that your personal communication skills are extraordinary. I know we often don’t hear thanks enough and as a ft trader myself I’m not a instructor of how to’s. In fact I am terrible at it and overly technical.
I refer people to you and your series of videos because I know they will learn and enjoy watching your clarity and enthusiasm. It is magnetic.
For anyone new to trading that is reading Ross really explains properly what you need to do as a new trader.
Appreciate the Due, glad that you think so!
Ross I will say it as many times as possible, You are the best teacher out here in UA-cam! 💯
Appreciate that!
Ross, I just saw this video today. If I had seen it a year ago, I could have avoided losses, saved a lot of time, and not missed opportunities. Thanks.
Thanks for sharing great refresher . I liked # 2 on false break out history very good point 👍 I alway say if it looks like a porcupine don’t grab it lol👍👍👍. 🥂
Thanks for watching!
Heard your presentation on MACD before and this is even better using the color 👌🏻 thanks
Glad you like it!
I've been day trading for a few years now, and FOR ME, personally, there is one golden-rule above all else:
Don't get greedy & go against the trend.
SO many times I'll see (what I think are) SURE FIRE SIGNS that a trend shift is about to transpire!
But, I end-up being incorrect, oh, about 90% of the time (if not more.)
👍🤓
This video really produced my first BIG AHA! MOMENT in learning about trading and how to read a chart properly. INCREDIBLY helpful. As always. Such a priceless gift we get on the daily from this man!
This is the lesson i need today, i bit on a hard false breakout.. had a good entry point but should have bought a the inverse .. and premarket so it slipped below my stop O wanted quickly and i just watched 😅.. I ended up closing due to risk .. then jt climbed back up .. a lot of lessons and i think i played every single part of this trade wrong .. like a horror movie. 🎥 😞 i went upstairs
Thanks Ross! I’m following and viewing your videos multiple times daily. As a retired Navy Officer I commend you on your professionalism and your strong communication skills. I’m a swing and long trader, but also I’m now interested in “day” after listening and following you. Thanks again for sharing all of your knowledge!!
You're welcome Steven!
This is the second time I watched this video. Your videos are worth watching multiple times.
Appreciate that, glad they're helpful!
Very good video. Lots of info not found on other MACD videos I've seen.
Thank you!
im 18 yrs old and i just started getting into trading your videos have definitely left me with a lot more information than i had prior and i hope i can continue to grow and learn with your help im glad to have found you
Thank you Ross. Very informational. Best teacher.
You're welcome Roberto!
This is the best video you have ever done. Amazingly insightful. Thank you for all you do.
Thank you!
Thanks for your videos. Is easy to learn from you
You're welcome!
Another great video from the best teacher and day trader online. Thank you Ross.
👍Thanks, that's a perennially useful tip about looking for a history of false breakouts. 👍
You're welcome Jonathan!
Hey Ross with this tool and the others you have explained in the past I already avoided a false breakout and a confirmed a failed flag as it developed. One of the best videos from you.
Thank you!
This was SO helpful! Massive mindset shift happened for me watching this. Thank you!! x
You're welcome!
That 20cents advice was great! Thank you !!
You're welcome!
Fantasticlly valuable video. Ross, you are a great teacher.
Thank you!
Thanks just lost some cash due to choppy action and then a drop. I’m usually saying why why where are you going but now I know why. I’ll try the MACD approach. Thank you so much.
You're welcome Wesley!
I’ve got good news and I’ve got great news. The good news is that I took some great profits on ALT this morning. The great news is I used your method that you demonstrate here and it helped me avoid that next loosing trade. Thank you so much for sharing. Subscribed!
Thanks for sharing! So great to hear that!
Hit me up 👆
I think your videos have become incredibly better, Ross! This content is superb!!
Love to hear that, thanks!
If I had seen your video 30 minutes earlier I would not take a position at APDN (thanks to stop loss, I only lost 1% of my small account). Please keep sharing videos like this, it really helps people !
👍🤓
Thanks You!!! Ross... Your the man....
Hi, Ross.
This video is very useful. As a beginner trader, i also get caught by false breakouts and always wanted to know how to at least try to avoid them.
I really appreciate your work input for your UA-cam viewers.
And i also find your website really useful.
Thank you so much!
By the way, i started small account challenge on my demo account with 500$ on Friday, because i got inspired by your small account challenge videos.
After 3 days, I’m at 662$ point 👌🏻 Your advices for small accounts are really useful! 👍🏻
What platform are you trading on if you dont mind me asking. Im looking for one atm. Used webull for paper trading. Ready to start a small account but i heard cash cant day trade
You're welcome!
Thanks so much. I have been chasing false breakouts of late, forgetting all of my discipline. Been trying too hard to find good trades in this volatile market
Glad it was helpful!
Thank you!!! Such incredibly helpful content.
Thanks Ross! I've been running into this issue recently and you helped shed light on how to approach it. Definitely will pay closer attention to my MACD.
You're welcome Jeffrey!
Thank you Ross. I really needed to hear this.
You're welcome!
I remembered this video and today it saved me from sinking 1000 shares into a false breakout. Thanks Ross 😊.
I found a false break on the backside my very next trade day.
Big candle to a doji to a flush. But I knew better, thanks to you.
You're welcome!
Ross is the GOAT💪🏾
👍🤓
Really enjoyed this one thank you Ross
Well, I’m learning something. I traded the false break you illustrated :-). I was irritated and inpatient, ran a scan, found the stock and jumped in right behind the HOD peak after it had run-up and retraced four times. I got out fast enough to lose $40 vs $400 but kicked myself once I figured out what happened. The words you used today were exactly the same as mine as I reviewed my trade. This is good news. Not great but at least you are rubbing off on me through these videos.
That's great to hear!
Thank you my great teacher
You're welcome!
great video. You mentioned a lot of what I needed to hear. I will watch more of your videos. Very good advice. Thanks.
You're welcome!
Thank you! So glad Ive found you! Having watched gazillions of trading videos on UA-cam I vote this one of the TOP.. not confusing... easy to follow.. people can tell you care!
Awesome, thank you!
You're awesome...love the 20 cents theory
Happy to help 🙂
Thank you, Ross!
You're welcome Surio!
Ross, Thank you for everything you do to help people struggling. Your a great teacher.
You're welcome and thank you Eric!
I just watched this video for the third time. I've learned so much from your youtube channel and now subscribed to DTD. Thank you for putting this content out - I'm in the "sideways" phase of learning trading, but I'm sure I'll be hitting a decent daily goal soon, even in these horrible market conditions. I will sign up for the Warrior Pro course when I can.
Love to hear it! Look forward to you joining. 🙂
Thanks. Much needed info for me.
You're welcome!
I truly enjoy your videos. I am going to try the 0.02cents per day approach. Thanks
You're welcome!
Great video Ross! Thank you
Thanks for the comment!
Very good info about how to use the MACD. This is something I've wondered about. I'll be adding it to my charts for sure. Thank you
You're welcome Michael!
Thank you, that was a very helpful lesson. 👍👍
You're welcome!
Thanks Ross your insight is super helpful , superb content
Glad it was helpful!
Thank you Ross,
Amazing!
Glad you liked it!
Hey Ross - this was a great educational video. I am on your intro $20.00 2 wk course and loving it and quite sure I will be taking the Warrior Pro Course. I am a new trader and been checking out many You-Tube Videos from many different traders and educators and yours are the best by a long shot. I really loved your video on education - that one should be pushed way out there and made to go viral.
Best,
Mike Rock - new trader
Thanks a lot Mike!
Hit me up 👆
Excellent video Ross! Thanks again.
Thanks Ryan!
This is a perfect assessment of what AMTD was on this day, i traded it premarket, kept watch of it but it did not showed me what i needed to see. I find it's also very obvious on the L2/T&S but that one is kinda hard to explain i find hehe, good video!
Thank you!
Great lesson Ross! Thanks as always!👍🏼
You're welcome!
You are a phenomenal teacher. I'm a beginner and what I have learned in theory through your videos in such a short time is unparalleled.
Thank you Syed!
Thank you for this Ross!
You're welcome Aaron!
Very useful I got caught I. Sum flushes now I know what to look out for thanx coach
👍🤓
Ross, I can't thank you enough. You have helped me become a good trader and I'm getting better every day. I loved your warrior trader program. A MUST if you want to learn how to day trade. I hear you in my head daily and this helps me from losing money. This video is great too!
You're welcome Zofia!
Dear Ross great as always. Thank you so much.
You're welcome!
good stuff Ross!
Thanks!
This is awesome I’m learning valuable information I’m really newbie want to learn!!
Glad it was helpful!
Thanks Ross, great content as usual!!! Thanks for taking the time to provide more valuable information!!!!
My pleasure!
Nice job Ross, thank you.
You're welcome Justin!
Thanks for the insight
You're welcome!
Ross, you are my go to whenever I find myself making losing trades! Thank You for your knowledge. It has helped me so much!
Happy to help!
Yes, this is very helpful. very good
thanks
Great info Cameron
Glad it was helpful!
Live action and what happened already in the chart u pointing out are different. Right of the false break out area u pointed out, the upper mAcd line going upward, after prices falling down a period of time they will drag the upper line downward. Sometimes price go up like the second mountain on your chart, sometimes price drag down u never know, if I know u get so rich. U need more indicator to confirm it is a false break out, with MACD only u can’t predict the break out or get out of the false break out earlier.
🤓👍
Ross I am new to the game but I have learnt so much..I have been successful in a simulator for a while. May go live in '24
Awesome to hear Yar! Keep at it.
I love your videos Ross
Thank you for this video sir Ross. This is super duper helpful
Glad to hear that!
Amazing video. True professional. Ross I tried setting up the MACD to look like yours but no success. You only have the histogram and Signal line on? We’d appreciate it if you can share how to get set up like that
Ross uses the default MACD settings: 12 fast, 26 slow length, 9 smoothing (12,26,9). This is using the Simple Moving average. When displaying the indicator, Ross likes to display the fast and slow lines as a histogram. Every platform might be slightly different in how this is added or edited. Please contact your platform provider if you have issues with this.
Ross uses the default MACD settings: 12 fast, 26 slow length, 9 smoothing (12,26,9). This is using the Simple Moving average. When displaying the indicator, Ross likes to display the fast and slow lines as a histogram. Every platform might be slightly different in how this is added or edited. Please contact your platform provider if you have issues with this.
great tutorial, about Day trade DASH, can you offer the livestream as a standalone service on a monthly basis? (don't need the scanners and chatroom)
Spam^^^^^
Thanks Mark!
Good info as usual
Thank you! 🤗
You're welcome Julia!
Good video, Ross
Thank you!
Thank you Ross. Thank you for taking your time to explain and answering the whys and when’s of the would be questions we as newbies my ask.
I would like to see how do you select stocks to trade everyday. And which stocks to keep an eye on and for how long do you keep an eye on it !
Please help. Can you sell a lesson dedicated to stock selection ?
You're welcome Fernando and yes we can!
Thanks Ross Total Pro 🔥
You're welcome!!
I just wanted to say that I thought the thumbnail for this video was perfect, and really funny!
haha.
:)
I never really use bottom charts. Sometimes rsi is good for knowing when a move is over. Anything over 85 or 90 is cooked. Also seeing what value on the rsi the stock tops at, I use 5 min chart. Nothing for my 1 min chart maybe I'll try macd
Thanks for the thoughts!
Excellent! Thank You!
You're welcome!
Thanks for the heads up.
You're welcome Brad!
as always thanks ross
You're welcome Matt!
You must be reading the tape at the same time as reading indicators ross, I think it would be great if you could interlink this and explain what your seeing and/or looking for on the tape during these moves?
Cheers
If you haven't had a chance to attend yet, one of the best ways to learn more on this 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/
Great Indicator
👍🤓
Hey Ross how are u ? Aspiring trader here interested in learning. I've watched a lot of yr vids an I like yr vibe. I'm having trouble on the aquipment needed to get started
Hey Gabe, Dog Days of Summer Sale at Warrior Trading- Save 40% on Warrior Pro All Access. Includes Day Trade Dash access, Ross's stream daily, Warrior Member only chat rooms, Ross's strategy class, live mentoring and much more www.warriortrading.com/dog-days-2022/
Hit me up 👆
Interesting to know you incorporate the MACD during more questionable periods of the market. Quite honestly, the MACD is something I've usually had on my charts. If there was ever a time I trialed a new strategy without it, the MACD has eventually found its way back into the equation.
👍🤓
Hit me up 👆
😀awesome Ross, Thanks so much very usefull
You're welcome MJ!
SUPER - thanks!
You're welcome!
great video
Thank you David!
Thanks Ross
I tried something recently that works quite well. I used RSI with 2 frequencies 7, and 14. I think its actually more accurate than macd.
Great stuff Ross! Thx
You're welcome!
Just amazing 👏 😍 🙌 ❤️
Thank you!
Ross is the best!!! Nothing else to be said
Thank you!
Hit me up 👆