How to Control Emotions as a Beginner Day Trader

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  • Опубліковано 26 чер 2024
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КОМЕНТАРІ • 220

  • @damlaakdeniz3213
    @damlaakdeniz3213 Рік тому +406

    Thank you for the update DU23TE is done right, and waiting is part of the process,

  • @ferhatonay6804
    @ferhatonay6804 Рік тому +218

    After the Etherem ecosystem, DU23TE is the best ecosystem available on the market and most people don't understand this yet, I believe due to lack of marketing. Thank you so much for bringing us this kind of content!

  • @myselfiemirror
    @myselfiemirror Рік тому +5

    This is by far more important than any strategy. It's extremely hard to master

  • @denite134
    @denite134 Рік тому +13

    I would give this video 20 thumbs up if I could! Great advice as usual Ross

  • @MorningViewz
    @MorningViewz Рік тому +8

    What an amazing video Ross. This is exactly what I'm working on, and seeing the charts you made really helped me understand it better. I wrote in my journal a couple days ago that I need to work on what I called a "mental breakdown" where I snowball and have a massive red day. Since working on it I've made massive improvements, it's pretty amazing. Loved the warrior curriculum, proud member of DTD, Ross is the best mentor you can get. -Eric

  • @edh6062
    @edh6062 Рік тому +2

    Controlling emotions……By far the hardest thing about trading

  • @drober8588
    @drober8588 Рік тому +6

    After a tough day today, this is the reminder I needed, thank you 🙏.

  • @slapthatask3674
    @slapthatask3674 Рік тому +3

    I swear you literally have been reading my Instagram page for the past year and made a video about what I’ve been preaching forever. You can go back four years on my page and see my premarket screening sheet that I hand filled out before taking plays and after taking plays. The sheet literally made me answer the question am I emotional after the play. That determined if I could take another play and how soon I could take another play. This is like verbatim all of my digressions for each of my trading days. Once I mastered my emotions, I started mastering the trade. My only red day was Feb 1 this year. And before that it was last October. Emotions are 90% of this game, and technicals are 10%. I got the technical and strategy from you Ross. But the emotional side I had to master over time on my own through a series of check downs. I love this video. Thanks for sharing.

  • @robstolle9695
    @robstolle9695 Рік тому +7

    Thank you for this Ross. I had a RED day today and I felt really deflated. I know there are good days and bad days, but this video has helped me to realise that it is not only me, but I need to take charge so it does not get the better of me. Greetings from Cape Town, South Africa 🙂

  • @xxqen_01
    @xxqen_01 Рік тому +397

    As someone who has been in the cryptocurrency space for a while, I can confidently say that DU23TE is one of the most promising projects I've seen in a long time. It has a strong team, a solid concept, and a lot of potential for growth.

  • @ejderoyunda6812
    @ejderoyunda6812 Рік тому +360

    Not sure about BTC and ETH, but putting USDT in DU23TE for 10x makes sense.

  • @danasani548
    @danasani548 Рік тому +1

    Thanks Ross! Its been two years and i get better and better the more i listen to your videos

  • @Zygote1205
    @Zygote1205 Рік тому +1

    This happened to me today
    I was emotional, aggressive; that’ll be the last time my old lady has dinner ready late.

  • @hbconic3915
    @hbconic3915 Рік тому

    I've been preaching this and unable to practice this as consistently as I like. This video feels helpful. Much appreciated!

  • @jamesgrey13
    @jamesgrey13 Рік тому +5

    If my first trade of the day is a loss, I stop trading that day! Simple!

  • @JiGNYCE
    @JiGNYCE Рік тому +3

    The comparison that I could think of as a trader that takes an L is a music producer/artist that can’t create anything in a certain time period ie writer’s block or producer block…But I think it was Pharrell Williams that said you gotta keep showing up and be present everyday bc you never know when the universe will bless you with inspiration…so being present in the market everyday is important bc you never know when the market will bless you with opportunities 🙌🏽ONELOVE and much success to everyone 🙏🏽

  • @sorengibbs777
    @sorengibbs777 Рік тому +2

    Really great information. Thank you!

  • @JohnDoss-hg3kq
    @JohnDoss-hg3kq Рік тому +1

    Thanks for this Ross......I really needed to hear this. I have been struggling with these issues. Last evening, I was given some unpleasant personal financial news. So, this morning, I dug-in deeply and took several unnecessary risks and lost a lot of money. Sigh

  • @kromecrowell
    @kromecrowell Рік тому +1

    It's 2023 I've been here 3 years thanks a lot to your videos like these. Thanks Ross

  • @johnwhitmire64
    @johnwhitmire64 Рік тому

    One of my favorite videos... Thanks Ross!

  • @ApeOfWallSt
    @ApeOfWallSt Рік тому +1

    the GOAT! Your trading psych vids are the best on youtube. Honest and straightforward

  • @daniboii7497
    @daniboii7497 Рік тому +1

    This literally happened to me last month. Luckily I remember what you had said in previous videos on cap losses , go smaller in shares and once I get green get out since a Green Day is more important than what actually becomes profit.

  • @GoldenEagle7
    @GoldenEagle7 Рік тому +1

    Ross, Thank you so much for this a great video !!

  • @joezhang6214
    @joezhang6214 Рік тому +1

    THANK YOU!

  • @innahtube
    @innahtube Рік тому +1

    Great video Ross, thanks! I've been fast tracking my learning for over a month now with real money. I always learn a lesson, realize it and journal it, think it through to really get it set well, then you seem to make a video about the very thing I just processed! That works for me as I can totally resonate with what you're saying after I've been through it. Thanks again!!!

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      Thank you!

    • @innahtube
      @innahtube Рік тому

      @@DaytradeWarrior No... thank YOU sir!!! Your videos always seem to hit exactly what I need, right when I need it!!

  • @CryptoBonsaiDogs
    @CryptoBonsaiDogs Рік тому +1

    Extremely profound video here. Really impressed. Thanks so much for sharing this wisdom.

  • @DaBrasilianaire
    @DaBrasilianaire Рік тому +2

    Thank you very Ross!!
    I love you!! :)

  • @hellsguardillidan
    @hellsguardillidan Рік тому

    So true man, I have blown up my account many times, and literally just did it again in FEB/MAR. Went from 2k to 52k~ went one week heavy heavy trading with risky positions in spy, tsla and etc with puts ( I knew) and then kept chasing instead of cutting losses. So frustrating. even after trading for 8 years, its nice to hear a refresher like this. I always tell others that " theres always the next trade" and then i boof it myself time to time, but then I major boof and blow it up. Luckily I do take some gains to the bank, but still.

  • @Mauryan510
    @Mauryan510 Рік тому +1

    balanced periods are truly a struggle for me. thank you for the valuable information.

  • @OscarGonzalez-ih1vc
    @OscarGonzalez-ih1vc 8 місяців тому

    incredible mentorship. thanks ross!

  • @Chris_2020
    @Chris_2020 Рік тому

    Thanks really needed this im on the right track

  • @banginzaza
    @banginzaza 11 місяців тому

    Wow! This is a great video for any trader. He's speaking real psychology lessons 👑👑👑

  • @isaaccaissie8743
    @isaaccaissie8743 Рік тому

    This was great timing because yesterday I trading VERY emotionally triggered. I doubled my max loss after making it all back twice

  • @sayvelmendez2659
    @sayvelmendez2659 9 місяців тому

    Thank you, Thank you, Thank you.

  • @Jp-ui3fw
    @Jp-ui3fw Рік тому +2

    Ty love these videos please do some recaps

  • @jopisano67
    @jopisano67 Рік тому

    Awesome. Best advice... You nailed it. Your videos are extremely helpful and encouraging.

  • @BenStirlen
    @BenStirlen Рік тому +2

    Great video “Big Tort” keepem coming

  • @josephpinheiro9667
    @josephpinheiro9667 Рік тому +2

    This is my biggest problem, go into a whirlpool sometimes

  • @shaynedool2349
    @shaynedool2349 Рік тому +2

    staying humble is key:)

  • @truefresco1
    @truefresco1 Рік тому

    Another pearl from Ross! I have a string of them. Thank you

  • @Crazyfable13
    @Crazyfable13 Рік тому

    Ah yes teacher giving us some insight ; always nice to get grounded

  • @Kk-iw4ck
    @Kk-iw4ck Рік тому

    Great video!

  • @yassineelmallasse2982
    @yassineelmallasse2982 Рік тому +2

    Very helpful ❤❤

  • @ryanadams0922
    @ryanadams0922 Рік тому +1

    Very informative and helpful

  • @hamzehghazawi9253
    @hamzehghazawi9253 2 місяці тому

    thank you

  • @acbenitez3614
    @acbenitez3614 Рік тому +1

    I'd rather be green 120 than red 5, and wishing I was in the trade than wishing I was out of it.

  • @robertolopez423
    @robertolopez423 Рік тому +1

    Love it.

  • @kfirballoons3255
    @kfirballoons3255 Рік тому +1

    Thanks❤

  • @josegovea1817
    @josegovea1817 Рік тому

    Thank you for your wise words! I have been trading for a few months and I have had three small red trades, I found out it happened because I rushed, didn't took time to analyze the situation. So my advice is you need to analyze the stock and you will find that the stock is going to make you money. I have been able to not trade some stock and I see that they went down that day. My advice is study the stocks, be patient. What makes me mad is the mistake. One example just happened when Nvidia was going up I entered when it was already 364 and I didn't entered at the beginning because it went up and went down just at 3: pm I thought the earnings were not good and I thought it's going down, I wasted a few minutes I checked in and then I see it went from 302 to 364 felt to angry for not been patient, not been there been ready. Thanks for your insights!!

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому +1

      All about learning from our mistakes Jose, keep at it.

  • @juliatran2380
    @juliatran2380 10 місяців тому

    I think day trading is most like fishing. You can show up every day, but you can’t control whether the fish are going to show up. Sometimes you have to be okay going home empty handed instead of running farther out to sea to try to force a catch.

  • @Jake-oj3dn
    @Jake-oj3dn Рік тому

    Quality content

  • @rana_pandit_2195
    @rana_pandit_2195 Рік тому +1

    Pure gold.

  • @mvonn2225
    @mvonn2225 Рік тому +1

    Did that very thing today in the SIM. Just started doing “screw-it” trades once I blew up the day.

  • @ghostpeppered4524
    @ghostpeppered4524 Рік тому +1

    So good

  • @johnpaulson3226
    @johnpaulson3226 Рік тому

    Not sure what happened.. 4 weeks of May only 4 red days then Memorial Day Weekend. Coming out of the holiday weekend and just got slapped with back to back red days completely blowing my avg., profit and when I needed it most you share this video a few hours ago. Ty Ross.. Your timing couldn’t be any better as for my personal train wreck I’m dealing with this week.

  • @zeno7x
    @zeno7x Рік тому +1

    It's very difficult in a slow market to stay patient, constantly looking at all the stocks trying to make something out of nothing

  • @briankitchens3486
    @briankitchens3486 Рік тому

    I wanted to take this time to let you know that me and my wife have learned an increadibke amount of information from your content here on YT.. we are in our trading small share size (1 to 10 shares) stage of trading live trading and i want to share our p&l with you and thank you for the knowledge

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      Awesome Brian, thanks for sharing! Keep it up. 🙂

  • @harrycash8713
    @harrycash8713 Рік тому

    Always remember that no position is a position.

  • @Breedingbirds
    @Breedingbirds Рік тому

    What plattoform do you use

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      Ross uses Lightspeed for his broker. He also uses our Warrior Trading scanners, which are available to all of our members. You can learn more about them below:
      Lightspeed: www.warriortrading.com/lightspeed-trading-review/
      Warrior Trading Scanners: www.warriortrading.com/scanners/

  • @nitrospice1222
    @nitrospice1222 Рік тому

    Hey Ross. When does the market pick back up after momentum dies down after the first 30m of the bell opening?

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому +1

      Depends on the stock, time of day and how much momentum there is in the market.

  • @DollaryDooz
    @DollaryDooz Рік тому

    Hey bud I hope you're well. Would warrior trading be for me if I am an australian? I am curious because I am an infant trader and looking to build some equity not only over time but through day trading in the future when I have more confidence.

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому +1

      You will not be alone! We have many international members trading with us, and we teach a range of trading strategies that cover all different times of day. The only limitation to making a living trading the market is your internet connection since all our content and education is streamed or recorded to be viewed later.

    • @DollaryDooz
      @DollaryDooz Рік тому

      @DaytradeWarrior I appreciate the reply and hope that Italy treats you well! that is quite good to hear. Actually, I will be going with starlink in the future. There have been too many problems that I've had with mainstream internet providers here in Australia, so the internet connection problem will not be a problem in the coming months. It's been pretty hard to find an education platform that I can trust with all of the recent popularity.

  • @Mooreoptions
    @Mooreoptions 9 місяців тому

    Congress 😂😂😂😂 Ross your hilarious

  • @gamalabd
    @gamalabd Рік тому

    That's exactly what happens, The rule is; get out while you still green

  • @alinaeem9079
    @alinaeem9079 Рік тому

    @DaytradeWarrior Can I be profitable if my buying cost per share is USD 2.3 cents and than selling cost is again same per share. Because in your strategies you are only taking profit of 10 cents a share for after deducting cost it will be it will be 5.4 cents and if I lose 10 cents than will lose total of 14.6 cents. How should I approach trading.

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      Ali, that depends on your share size. You can learn more about growing a small account here: www.warriortrading.com/how-to-manage-risk-in-a-small-account/

  • @mrwonderful2081
    @mrwonderful2081 Рік тому +1

    This exact thing happend to me today lol, let my emotions cause my loss to snowball and got desperate.
    BRUTAL

  • @AlexWinkler
    @AlexWinkler Рік тому +1

    Lol the congress example was perfect

  • @aka__maza2574
    @aka__maza2574 Рік тому +2

    💔

  • @mariomorenosoto8315
    @mariomorenosoto8315 Рік тому

    teacher

  • @joshuabowman555
    @joshuabowman555 7 місяців тому

    Hunting

  • @madmessm1845
    @madmessm1845 Рік тому

    firefighters

    • @madmessm1845
      @madmessm1845 Рік тому

      they show up everyday but manytimes, they do not have a job to do - THANKS GOD for these days !

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      👍

  • @NinthDensity
    @NinthDensity Рік тому

    Did we all have a red day today?

    • @DaytradeWarrior
      @DaytradeWarrior  Рік тому

      Not to many great options out there today. All part of trading.

  • @mehmetkaradag8616
    @mehmetkaradag8616 Рік тому +1

    DU23TE, ETH, and more would be great.

  • @evrensavbar8152
    @evrensavbar8152 Рік тому +1

    More people need ro invest in the blue chips here. I'm around 90% between BTC and DU23TE combined. Good advice Lark thanks!

  • @azrquliyev6411
    @azrquliyev6411 Рік тому +1

    We'll be going to the bottom within 6-9 months. For now, DCA-ing bi-weekly with 21usd in DU23TE /BTC and monthly 21 in CRO.

  • @okanatl626
    @okanatl626 Рік тому +1

    Could you please talk about DU23TE it’s very strong and took off in short time thanks.

  • @yusufbinici
    @yusufbinici Рік тому +1

    Wow I'm so surprised you mentioned DU23TE . I have been keeping eye on it for a while and it seems very promising.

  • @mertmert3774
    @mertmert3774 Рік тому +1

    I'm waiting on DU23TE don't like buying after it's already pumped, still buying btc

  • @MAFYA_015
    @MAFYA_015 Рік тому +1

    We'll see about that. I don't mind to see the crash. I just hope I'll have a lot of USDT to buy more DU23TE live presale.

  • @imortte5350
    @imortte5350 Рік тому +1

    Amazon released DU23TE the first market change this year simply cus of that release 👍

  • @ardayener5145
    @ardayener5145 Рік тому +1

    Exciting times for Amazon’s DU23TE and it's community.

  • @sedanurr8718
    @sedanurr8718 Рік тому +1

    We will rise with DU23TE and Matic!!! Just HODL

  • @ismailsaban9781
    @ismailsaban9781 Рік тому +1

    Thanks for deleting the spam bots, While I'm here though, DU23TE is the next moon shot for sure

  • @CR_Ronaldo_fann
    @CR_Ronaldo_fann Рік тому +1

    DU23TE is going to 100x over Bitcoins Market Cap.

  • @benmustafa4101
    @benmustafa4101 Рік тому +1

    if DU23TE can grow organically like that they will dominate that industry

  • @selma2174
    @selma2174 Рік тому +1

    Excellent content. I used the last dip to stock up, buying DU23TE now its cheap, can't miss the presale.

  • @nusretcelik582
    @nusretcelik582 Рік тому +1

    I’ve heard Amazon is killing it with DU23TE

  • @muhammetecrincolak8437
    @muhammetecrincolak8437 Рік тому +1

    DU23TE has been gaining popularity lately and for good reason. It offers a unique solution to some of the biggest issues that traditional cryptocurrencies face.

  • @sinankaplan726
    @sinankaplan726 Рік тому +1

    I recently discovered DU23TE and I am impressed with the concept behind it. It seems like a promising cryptocurrency that has the potential to make a big impact in the market.

  • @UtkuIcel-ks1oh
    @UtkuIcel-ks1oh Рік тому +1

    I knew that DU23TE was ahead of the game, but my mind is officially blown

  • @kutayruzgarserin-ox5gs
    @kutayruzgarserin-ox5gs Рік тому +1

    My life feels fixed after horrible markets but DU23TE is the one I believe in!

  • @leventaslan9634
    @leventaslan9634 Рік тому +1

    DU23TE Saved me after the LUNA Crash

  • @bilalefecelik7102
    @bilalefecelik7102 Рік тому +1

    DU23TE Saved me after the FTX Crash

  • @goktugcnar5417
    @goktugcnar5417 Рік тому +1

    Can't deny the fact that Amazons DU23TE is the strongest bet to bring power back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good, but I don't see that the biggest tech company in the world would put everything at risk just for that.

  • @fatmanurkaya8728
    @fatmanurkaya8728 Рік тому +1

    I’ve been under since day one, (April 2021). When BTC was supposed to go to $100k, It didn’t. I’ve been buying and hodling DU23TE and i know my patience will pay off .

  • @boranyetgil
    @boranyetgil Рік тому

    Any thoughts on DU23TE ? it's the best thing since slice bread.

  • @alli-up6rk
    @alli-up6rk Рік тому

    DU23TE has as much potential as ethereum. But unlike ethereum it has a bigger growth potential.

  • @_THEQUENN
    @_THEQUENN Рік тому +1

    Boys is it best to invest in DU23TE monthly or weekly? I'm thinking the fees will be higher if done weekly.

  • @yasindogan6622
    @yasindogan6622 Рік тому +1

    BRO WHY ARE YOU NOT TALKING ABOUT DU23TE

  • @yunusbabrak
    @yunusbabrak Рік тому +1

    DU23TE at less than $1. is like BTC at $100. When DU23TE finally blows it's gonna be epic.

  • @erensavayil2065
    @erensavayil2065 Рік тому +1

    Ok, I am sold. I will HODL my DU23TE for the long haul.