5 Beginner Mistakes to Avoid

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  • Опубліковано 4 жов 2022
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    Warrior Trading // Ross Cameron // Day Trade Warrior
  • Розваги

КОМЕНТАРІ • 149

  • @leeles
    @leeles 2 місяці тому

    Thanks, Ross, very helpful !

  • @verilucis
    @verilucis Рік тому +1

    Thanks for sharing! Happy Wednesday!

  • @gamalabd
    @gamalabd Рік тому +2

    You are absolutely RIGHT, Discipline Discipline Discipline

  • @Rightgroup1
    @Rightgroup1 Рік тому +1

    Thanks Ross
    Keep up the Great Work

  • @alexandra2244
    @alexandra2244 Рік тому +5

    You are a great teacher Ross!!!

  • @lipan5765
    @lipan5765 Рік тому +1

    Thanks sir.

  • @bmac4686
    @bmac4686 Рік тому +2

    Your videos are great! The passion to teach really comes through, thank you!

  • @thebiglie865
    @thebiglie865 Рік тому +5

    You spoke to my heart at the end Ross. It’s a universal truth really, discipline is a key that unlocks so many doors

  • @barristophilliesiii5863
    @barristophilliesiii5863 Рік тому +1

    The rationality you put forth is refreshing man. It's helping me learn before I dive into things.

  • @boogiewoogieandbluespiano
    @boogiewoogieandbluespiano Рік тому +1

    Brilliant video 😊 thanks Ross

  • @habangolf
    @habangolf Рік тому +1

    Thanks Ross! Another great video. I appreciate all your help. Stay Disciplined!! Cheers 👍

  • @rogercervantes_
    @rogercervantes_ Рік тому +2

    GREAT ADVICE AT THE BEGINING MY WARRIOR!

  • @snowinblood5243
    @snowinblood5243 Рік тому

    Thank you.

  • @geocell748
    @geocell748 Рік тому

    Quality! 👌

  • @cryptotaurus333
    @cryptotaurus333 Рік тому +1

    Thanks Ross, I watch everything you put out on and a👍

  • @Kilo80Kilo
    @Kilo80Kilo Рік тому +2

    Nice shirt!

  • @cogar313
    @cogar313 Рік тому

    Ross you are a God sent! Such a fantastic video

  • @shookmusic3277
    @shookmusic3277 Рік тому

    really good video good clear teaching

  • @callendergirl7504
    @callendergirl7504 Рік тому +1

    Another great video!! You speak on the logic and strategy of doing this thing. As a beginner I am binging on your videos which I'm finding very helpful. I will need to view them a few times to fully understand the candle sticks, but I know I'll get there. Thank you so much!!

  • @ademolaodewole1105
    @ademolaodewole1105 Рік тому +3

    I think your teaching skills is even greater than your trading skills; and you’re the best day trader I know. Keep winning Ross

  • @maxjoey197
    @maxjoey197 Рік тому

    Thanks

  • @josephyin9768
    @josephyin9768 Рік тому +1

    The best stock trading mentor, ever. thanks for the tips shared on youtube

  • @trintsutterfirld7071
    @trintsutterfirld7071 Рік тому +8

    OUCH! I think this video was made specifically for me! Glad I can call myself a Warrior Trader, I've been enrolled since september. Thank you for your honesty Ross, I look forward to going places with you sir. Loved the part where you said "HOW BAD DO YOU WANT THIS?" That statement stabbed my heart. I WANT THIS!!!!-Trint Sutterfield

  • @susanmiller8993
    @susanmiller8993 Рік тому +3

    I LOVE love love these types of videos. I learn so much and you hit the nail on my head! Thanks Ross!

  • @villardjosue1597
    @villardjosue1597 Рік тому +4

    This is by far one of the best and honest video I’ve ever watched. Thx Ross

  • @maruzdumucruz1116
    @maruzdumucruz1116 Рік тому

    thanks ross

  • @livenlearn3468
    @livenlearn3468 Рік тому +2

    Thanks as always Ross for another great video. As a beginner trader I'm wondering how one builds a coherent technical strategy? Your expertise is amazing, but I don't feel confident to trade a strategy like the one you deploy. How about a video detailing beginner strategy plays? Both from the points you just made but also technical set up? Thanks again.

  • @qdive2508
    @qdive2508 Рік тому

    Hey Ross, I've been watching your videos for a while and now I want to practice in a simulation. Wich simulator do you prefer that has real data? Thanks for youre videos!

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      Our Starter and Pro memberships come with access to the Warrior Trading simulator. You can email our team at team@warriortrading.com for more information.

  • @jonasnilssen210
    @jonasnilssen210 Рік тому +2

    Yoo that "How badly do you want this" statement gave me CHILLS. Great video Ross, thank you!

  • @Thegreenbarade
    @Thegreenbarade Рік тому +1

    Probably the best video I've ever watched for trading

  • @jacksonedgerton4890
    @jacksonedgerton4890 Рік тому

    Thx for the help in the video. But do you know why sometimes when I buy the ask It doesn't fill me?

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому +1

      Not sure, we'd recommend checking with your broker on that!

  • @red2green
    @red2green Рік тому +1

    good job Ross, very nice trading!! Please continue your lessons!! They help me alot!

  • @justinbeale1837
    @justinbeale1837 Рік тому +1

    The pasta shirt!!

  • @tradeforcharity
    @tradeforcharity Рік тому

    Emotional HiJack - "Screw it im going all in" LOL 😀🤣😂that should be #1

  • @stevennelson7178
    @stevennelson7178 Рік тому +6

    I love this talk. I see a lot of things I have done well, and a lot of really bad mistakes I have made. One technique I have learned when it comes to chasing, is I take a breath and remind myself that I have a strategy, and my strategy is based off of making good decisions, and the profit goals are a result of decisions, not the other way around. It can be so easy to get in the mindset of "I could end the day with this much profit" when the goal should be to end the day making decisions that I can feel good about. It's really been helpful to me overall to look at things like golf or other games, and just life in general, and think about how important a clear head is and how to achieve that. In golf you pay a caddy to remind you to stick to your strategy. In trading, it's just you and a mirror. It's very difficult to reset every time, and take every trade and scenario as it's own individual situation, and maybe that's actually one of the hardest skills to develop.

    • @willperez552
      @willperez552 Рік тому +1

      Great advice! This is probably one of my biggest downfalls along with over trading.

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      Very true, thanks for sharing!

  • @ericg4915
    @ericg4915 Рік тому

    Morning trey

  • @Uctus8
    @Uctus8 Рік тому

    I WANT IT ALL!

  • @etgaming6899
    @etgaming6899 Рік тому +2

    This a great video for the beginner like me. Avoid those miistakes and do a ''ONE GOOD TRADE''

  • @uncommonsenseforyourbusine5039

    In a past video you mentioned your equipment and setup
    Can I get that info

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      You can learn more about choosing the right computer and setting up
      your workstation in these 4 helpful blog posts:
      1. www.warriortrading.com/day-trading-computer/
      2.www.warriortrading.com/day-trading-laptop/
      3. www.warriortrading.com/3-tips-for-buying-your-first-trading-computer/
      4. www.warriortrading.com/multi-monitor-day-trading-work-station/
      5. Link to popular hdmi to usb connector:
      www.amazon.com/USB-Dual-HDMI-Adapter-External/dp/B0725K1MHH/ref=sr_1_1?dchild=1&keywords=2+hdmi+to+usb&qid=1623263940&s=electronics&sr=1-1
      You can check out these videos for more info as well:
      Setting up a simple trading station: ua-cam.com/video/1VPQURM9C3g/v-deo.html
      Traveling trade station: ua-cam.com/video/7_U5bDa3T1g/v-deo.html
      Roberto's Modern Trade station: ua-cam.com/video/IDur9IRTrpg/v-deo.html
      Mike's Trade Station: ua-cam.com/video/jAI7I8degv0/v-deo.html
      Ross's New trade station: ua-cam.com/video/9TLIfJtJI0g/v-deo.html

  • @thomasfeiller2207
    @thomasfeiller2207 Рік тому

    The term "plan" can be a little subjective. For some it's extensive analysis and for others it's just a watchlist based on the premarket gappers and then watching price action and the RSI.

  • @dustyshurvington9341
    @dustyshurvington9341 Рік тому +1

    i like the airplane analogy lol

  • @TamTran-js7fj
    @TamTran-js7fj Рік тому

    Hi
    Can you send me the link to register for the class please
    Thanks 🙏

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      You can sign up for a webinar here: www.warriortrading.com/free-day-trading-class/

  • @francoisdesbiens3886
    @francoisdesbiens3886 Рік тому

    I'm new. I know I am over trading. But I'm learning so much. I would probably be profitable if I would slow down. But I'm currently going sideways with a small account and no commissions fees. I was green 5 days in a row then a big red that wiped my gain. Well. It's part of my learning process a guess.

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      knowing what you're doing wrong is part of the solution! Keep at it!

  • @KellyShamnyuy-kq3ll
    @KellyShamnyuy-kq3ll 22 дні тому

    How to trade with track record

  • @AM-lk7nj
    @AM-lk7nj Рік тому +1

    Emotional hijack for me is I make a nice gain and I keep trading until it's all gone thinking I can make more. Greed.

  • @reflexzayah6381
    @reflexzayah6381 Рік тому +2

    Appreciate the help man, even tho im to broke to afford your class, your videos have been my number 1 learning resource so once im succesful trader ill be sure to buy that courseto support you!

  • @4kflyhigh976
    @4kflyhigh976 Рік тому

    Awesome Ross..just awesome..i m getting to learn the hard way,90% loses money..and i find myself stucked in the middle of what you just have explained...and learning from someone with the knowledge, will help many i am sure..thank you very much.

  • @lostnamenowwhoami
    @lostnamenowwhoami Рік тому

    I should probably watch this video before each trading day.

  • @isaaccaissie8743
    @isaaccaissie8743 Рік тому +1

    this is a good video. it's made me realize I have been emotionally hi-jacked. I got lucky this morning and I made profit trading like this, but it is not something I am trying to make into a habit

  • @jasonbusky
    @jasonbusky Рік тому +13

    I am a young trader and I have made many of these mistakes in the past that led to me blowing up my first account. Rather than emotionally trade trying to make back the loss and then subsequently making a bigger loss. I have to slow down and remember my plan and share size relative to my account. Don’t go chasing the possibility of a big win, because the worst thing that could happen is it comes true and you lose it all with a bad mentality. Don’t be like me, thank you for this video Ross 👏🏻

  • @vencentbauer
    @vencentbauer Рік тому

    And also never never force your trades some days there are no trades even the best of the best have gone days with no trades. I paper traded 4 a year before I spent any money my trades in the last almost 40 days are all green. I did sit of a couple 4 a week but and alot of these trades were 5 to 8 trades per day I have to stop wanting to buy everything I need to stick to my guns keep to just 2 /3 trades a day.

  • @mrwonderful2081
    @mrwonderful2081 Рік тому +4

    Worst mistake I make is giving back profit. I make twice my daily goal and keep trading. Sometimes you make more by trading less.

    • @goldeneagle3638
      @goldeneagle3638 Рік тому

      I have the exactly same problem. First trade is superb. Second trade is half of the first. The third one is a loss (nearly wiping out my whole day profit) and fourth is either a win where I get my money back or a much bigger loss. The second Case is more common. Every time I stop at 2 trades I make more than any other day.

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      👍

  • @ickybu8012
    @ickybu8012 Рік тому

    The best argument I have is all you need is 12 Good trades a year. Best advice I’ve ever received and helped my me significantly just by those words being repeated in my head lol I don’t know somethings just hit right.

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      Love it!

    • @ahsoka6807
      @ahsoka6807 Рік тому

      @@DaytradeWarrior When you say 12 good trades how much are you saying? If we're talking 4k or above then yeah I agree. And I like that too man. It takes the pressure off abit.

  • @yamalet11
    @yamalet11 Рік тому +1

    I just starting to trade with real money and I have to admit, I'm guilty of all of them.

  • @seductivesecrets01
    @seductivesecrets01 Рік тому

    I am very grateful for this instructional video. I previously learned to use crypto through netcoins crypto academy. After I watched your video, my knowledge expanded even more.

  • @gery2899
    @gery2899 Рік тому +3

    Cutting of my losses in time was one of my biggest obstacles

  • @tanyaschmitt7707
    @tanyaschmitt7707 Рік тому

    💜

  • @sharpy9201
    @sharpy9201 Рік тому

    Overtrading proved deadly to me i got green on the day for 3 days but then made 3 4 more trades and went on deep red

    • @tradingtime300
      @tradingtime300 Рік тому

      Trade small bro. Trade small if you’re consistent for at least a month trading small then that means you found something . Don’t lose any of your hard earned cash bro

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      That's a tricky one!

  • @mariomorenosoto8315
    @mariomorenosoto8315 Рік тому

    teacher

  • @LM-hg6lb
    @LM-hg6lb Рік тому

    👍

  • @alsad6699
    @alsad6699 Рік тому

    Without discipline, this whole ordeal is exercise in futility, with nothing but frustration and anger as a result to show for.

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому +1

      Well put!

    • @alsad6699
      @alsad6699 Рік тому

      @@DaytradeWarrior Aannddd I went and disregarded my own advice, lol! Just had a 900 dollars loss on webull paper trading sim.
      But I am reminded that Ross had 270 K loss and did not gave up. But he figured out why it happened, and changed and adapted his strategy.
      I guess that is a par for the course of making oneself disciplined more and more, in order to become profitable trader.
      Thanks for your replay.,

  • @thomasfeiller2207
    @thomasfeiller2207 Рік тому +2

    Regarding the emotional side, I found that studying what Mark Douglas had to say to be helpful

  • @mlshulse
    @mlshulse Рік тому +1

    My biggest fear is increasing share size on stocks between 2 and 20.00 dollars.

  • @thewirelessshop1511
    @thewirelessshop1511 Рік тому

    1st

  • @alwayswinning3743
    @alwayswinning3743 Рік тому

    I want this badly enough - My discipline Is I'm out of any trade up or down with in 10c :) so If I buy stock @ 2.00... I'm out at 2.10 or 1.90 - It's my #1 rule ;) at least while I start my small account - soon :) - just paper for now, but real $$$ very, very soon :)

  • @antoniogarcia4599
    @antoniogarcia4599 Рік тому

    👏👏👏👏👏... Might needs a huge hug today... Great video and mighty will be big 👆👆👆

  • @Joseph-zi7bc
    @Joseph-zi7bc Рік тому

    Hey Ross, I made the mistake of jumping into real money trading early on and lost around $1000 in the first month after a few trades. I use the TDameritrade platform and have tried using the simulator, however for some reason I can see the price of the stock on the level 2 before it actually goes there on the chart. Making it really easy to cheat the system and make money. I went back to live trading and am watching your beginner course now on warrior trading. At the moment I am practicing in real market with a small amount of shares, making risk a very small factor. Is this a bad idea? I feel like I’m learning and not risking a lot. Thanks!

  • @compucareteam3165
    @compucareteam3165 Рік тому

    ross this is very helpful, i've been in your warrior trading membership , anna gave me the 60 daysthen i am going to continue for the full year since this is helping me a lot. specially in the chatroom it really helps those member with very good experience and knowldege like, manoli, Dany, jess, chris, jess,and larissa, i like their strategy specially larissa discipline...

  • @joetrease9552
    @joetrease9552 Рік тому

    Ross wakes up in the morning like “let’s get this bread…aaaand I’m wearing my bread shirt today.” 🥖🍞🥐🥯
    You rock buddy! Thanks for the tips!

    • @joetrease9552
      @joetrease9552 Рік тому

      Might be a pasta shirt…”let’s get this pasta”…nope. Sorry Italy. 🇮🇹🍝

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      Haha!