How to use the Relative Volume Trading Strategy (with ZERO experience)
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- Опубліковано 10 лип 2020
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Warrior Trading // Ross Cameron // Day Trade Warrior
Get my Ultimate Beginner's Guide here 👉 warrior.app/beginner-kit 🎁 It is packed with information on brokers, the PDT rule, and more. You will also get 2 follow up bonus lessons on trading breaking news and using Level 2 data 💥
I appreciate Ross for many reasons, one of them he shows his dogs and beautiful backyard, flowers and trees instead of showing off his Lambo wealth. He is humble person and also great teacher. Thanks Ross!!
Totally agree on that point! Ross respects us. Others make you feel they want to lure you in...
I agree! I love nature and live in the mountains... it doesn't seem like I would fit in the world of wall street with my values, but anyone can truly learn, profit and improve their lifestyle with these methods. I'm not quick enough to profit as much as I'd like, but I've learned so much and I'm hooked.
Thanks for the positive feedback!
Love his sweet doggie!!
Totally agree, watched one of his beginner class videos and he turned the camera around to show us his cute baby chipmonk. His Yard is beautiful. Not one person I know would have had the guts to show us his cute baby chipmonk vs. his high $ car. Such a down to earth guy. Ross your a great instructor. Learning so much from you. Thanks!!
I was a union construction worker for 20 yrs running jackhammers and rodbusters for overhead hammering into cieling and columns to make 40k a year. Driving from northeast of Lansing Michigan to downtown Detroit. This was a new frontier when I caught one of your videos and I said that is what I want to do and that was in 2016 in the fall. You saved my bacon and it's a new life. Thanks buddy I appreciate your help with this new way to live life to the fullest.
Thanks for sharing!
Wow this gives me hope
Elemental868 what broker did you use ? I'm in the same field , life sucks lol
Nothing wrong with a good honest job. If anything, it gave you a solid understanding of value.
Remember that always.
(I’m writing this as much for me as for anyone reading)
Move to NYC, union construction makes around $120k a yr before taxes.
Simple but totally effective. Wow! Been trading for some time, but never really realized the importance of it. The trading education industry needs more good teachers like Ross who can make trading so easy to understand.
Thanks for watching!
Hi Ross, you couldn't picked a better day to explain this. WIMI jumped from $7.3 to $23.67 that day, a 281% You are the best man. I follow you every morning. Thanks for doing the live videos.
Wow amazing!
Just started taking an interest in learning how to make $ off of my $. I’m an absolute rookie. I really like how you break things down and share your knowledge.
How much money have you made the last 10 months bro, would love to hear an update.
Blockfi
Ross I think its awesome that you give so much knowledge to the newer traders, I appreciate the content.
Thanks for watching!
Ross youre crushing it this year in the market and your property is gorgeous. Keep hammering brother
I love your videos and your mindset, just started learning about trading a few months ago and everytime I absorb any of your content I learn something new.
Thanks very much for all your hard work.
Great to hear! Thanks for watching!
This humble warrior is AMAZING!!! TyTy I appreciate you Sharing Ross. I’m a new long time sub bro 😎
Thanks for all what you are doing Ross, you are changing the life of hundreds of people and it is always a pleasure to hear you giving us precious informations.
You're welcome Djamel!
Thank you Ross. I've just started becoming interested in learning to trade stocks and your videos are a huge help in getting me to understand it all.
Thank you for all of your free insights! Changing my entire mindset every day. Will absolutely take the course when I'm able.
It's my pleasure Sean!
Thanks for the advice/lesson Ross! Always worth watching and applying the knowledge your teaching into my own strategy
Thanks for watching!
your videos are always so helpful ross. i love the energy and vibe you have, always so positive. thank you!!
Thanks for watching!
That's a really great point about swinging for the fences and taking smaller profits, it must come with time finding the balance between letting runners run, FOLB (Fear Of Losing Big) on a pull back, and taking smaller consistent profits
i will become a warrior pro student very soon, TY!
Ross, I always enjoy viewing your videos. Having been a Teacher and School Administrator for fifteen years I can recognize good presentation and content. Also, you are providing folks with the knowledge needed to understand the complex topic of investing. A message from the public, Thank You!
Have a Wonderful Holiday Season. M
You're welcome Mark!
I like the style, the wobbling camera is a distraction from the learning. Thanks for posting. Good content.
Don't understand why he gets hated on so much...he never has said buy this or buy that he just shows what works for him
You have to follow your on style before you can really see results and take a little here and there while learning
Bruce Lee even went to many masters before he became a master
So keep doing what you do ..and thank you
Thanks for the thoughts!
Ross, just want to say that I give all your videos a Like, because your generous YT content has allowed me to make more money in 30 seconds than I used to working for an entire week for an employer. Seriously, thank you.
Much appreciated! Thanks for watching!
Another home run video! Trying to consume at least some of your content every day. Keep'em coming!
Thank you Jorge!
Thank you Ross! I have learned so much from you. I really appreciate what you do. Please don't stop.
It's my pleasure Christian!
Yo da man Ross. I am learning so much from you. I highly appreciate it.
"Liked and Subscribed".. Ross, this was awesome stuff here. I like how your prove and reason your theories rather than just state them. Thank you for the great content.
Thanks a lot!! 👍
I have learned so much from you ross that i cannot even put into words . Thank You for helping us out with all your knowledge and ways to deal with a very stressful job 👏🏻👏🏻👏🏻👏🏻👍🏻👍🏻👍🏻
Thanks for watching!
Ross, thanks for sharing your stategies and insights of the trade world. Your videos are very helpful to those who can't afford a trading course, and need to begin with a small account. I try to follow you in every video to learn all I can before trying to trade by myself. Thank you again!
Thanks Ross, this was very helpful. I realized this is what I have been doing, just without a RVOL indicator. Giving me the why of what I was doing is eyeopening.
You're welcome!
Best stock-trading content on UA-cam. Period.
Thanks Andrew!
Lmfao
Yerp
An
Abk
A
This was fantastic Ross. The performance based on relative volume should really be an eye opener for any day trader. Thank you for sharing with us.
Glad it was helpful!
SO helpful! As a new trader, the best lesson in this video is more volume = more predictable. Thank you!
With 1:1 Risk/reward, you need above 50% winning ratio in order to break even, due to commissions (more like 55%).
Thanks for the video!
I've moved to automating my trades but I decided to make a few trades today where I knew my system would miss an opportunity and I used your methods as shown in your videos. Hit a much better success rate then normal and had alot more confidence to exit and enter with less hesitation. Was a great feeling after i had a bad trade to Rio earlier this year thanks mate👍 between watching you and automating/backtesting my self control is right back where it used to be
👍🤓
What do you use for automation?
Ross - Your content and insight is PURE GOLD!!!! I am more than pleased and happy that I decided to become a Warrior Trading Pro member. I cant thank you enough for what, and how you teach!!! One of the best decisions I've ever made was to decide to learn from you!
It's my pleasure Evan!! 💪
Another indicator is the relative volume increase rate...If you see Volume moving in fast I jump in depending on other variables
Relative volume sounds great. I just wish someone would show me which platform to use to achieve it. Is it available on trading view if so how can I find it
Thank you for this. That starter kit is very very very helpful. I've been looking for a mentor for a very long time but haven't found anyone who I can believe in , and who can push me over the edge to commit to them, but after watching, reading, researching, trading etc for nearly a decade now (I know that a very long time) I believe you are truly genuine and you fit my needs . Again thank you for making all these videos and giving tips and advice ❤️❤️
Hi Ross, thank you for Sharing this valuable information
Wow! “It is better to give than to receive” thank you for giving so much insights on your “free”videos about day trading.
Thanks for watching!
This was my light bulb! This was the parameter I have been missing in order to narrow my results to the handful of stocks to concentrate on.
Great to hear!
@@DaytradeWarrior thank you for all of the wonderful content on your channel
What program do you use to find those stocks with relative volume increases?
Thank you Ross for A nice weekend video to watch. I always learn from you, appreciating your experienced insights. Thumbs up! Paul Kennedy
Thanks for watching!
Ross thank you for helping so many people! God bless you!
Thanks for watching!
thanks Ross. Great vid again. I'm looking forward to signing up for the full course!
We look forward to having you join the course!
love it man, thanks. You are one of the greats.
I appreciate that!
@@DaytradeWarrior I am taking the leap soon and love your videos. The ups and the downs and the openness. You take the bull by the horns.
19:30 "Resolution to patterns becomes predictable when you're trading the right type of stock." ( = High RVOL)
👍🤓
You are super generous with your knowledge Ross, Thanx a lot!!! Keep the great job!
You're welcome Anfer!
Love ALL your vids ! I am addicted to watching them over and over again ! You’ve helped me with my trading more than I can ever thank you !
I’ve learned so much about trading ever since I started watching your videos a couple of months ago. Thanks Ross
Thanks for watching!
I have been studying the markets for years now. There is no way that anyone can learn it all. or even most of it. Ross has taught me to specialize and that is what I did to get a handle on it. I have watched most of his videos and have them saved to my computer for any future reference. In my opinion, he is a genius the way he has put it all together. I would have given up years ago If I never found him. And, he has cool dogs.
Well I'm happy I've inspired you to continue to learn everyday! Thanks for the comment Charlie!!
So i had a teacher so to speak tells me that he trades primarily using the vwap, which makes a lot of sense after he explained why. But in his explanation i eventually came across similar scanner settings in TOS and thats what drew me to search for a video like this. I love this method after randomly having the idea sparked and watching your video. Now my problem is finding a broker that has that indicator or whats the next best thing. So TOS has scanners for "average volume" "unusual volume" and "volume change." Which one in your opinion do you thing resembles RVOL the best. Thank you so much for this vid.
I like the sounds at the end
of the video but the most part I love it!! I learn a lot from you
Thank you Cerman!
Insightful , while investing do you ever wonder whether you should turn things over to a financial advisor ? I have been pondering on the same question from stories hanging out on the news how investors made millions in the financial market using $100,000 only .
Seek investment advice
Ngai Sang this is amazing! Who is your investment advisor and how can I get in touch if you don’t mind me asking ?
Only $100,000 k. Smh.
Kayes Hafter perhaps a long period of time
Ethan Noah A lots of people actually seek the expertise of a professional but act like they achieve the success on their own
Amazing content! Learning so much in short amounts of time, compared to listening to 'trading-guru's'
I appreciate that, thank you!
I appreciate your content so much! Thank you!
You're welcome Graeson!
I think that’s my favorite one of your videos so far Ross (except maybe the backwards bicycle thing). Thank you 👊👊👊
Thanks for watching!
Predicting home run, but predicting life matches will be super sweet !!
Thanks for watching!
This is actually one of the best video I have ever seen. This was how I got the opportunity to understand most things about trade. Keep it up and don't stop doing what you do best. You can't just study this for one day and get it all. There are a lot of good tips I have seen but this is actually the best.
Thanks for sharing! Glad you enjoyed the video!
Am glad I saw this at first before I started trading. It's hard to Understand but it was fun watching this. I recommend everyone to glue to this
You may summarize this video in a sentence... high relative volume -> predictable trading
Tiktok would be better platform this.
I found another like you with both feet on the earth 🌍 not only money talk and a normal life style love your advise and the way you explain it
Thank you Antar!
Its great to watch someone video as yours. I am most interested in Forex trading, of course, as swing trader to learn basic and using demo account. I've opened Qanda account. I am non US resisdent and live outside. Am deaf and using my eyes to follow all movements on screen and reading a lot of business news instead to listen on business insider. I'd be glad to read your comments with tips and if you have someone student who is deaf or sign language user.
Ross, you killing it! I implemented some few ideas of yours and I was able to make close to $1k trading BAC & Viacom last Friday. Thanks!
Thanks for watching!
Came for the stocks info, stayed for the Fishman dress on the bus. Not only that, I also learned you’re company is close to my hometown
👍🤓
So far, this is well explanatory. But, how can I find the Relative Volume on TD Ameritrade?
Narrowing stocks down in the AM to relative volume is basic. You still have to get "in and out" at the right time and that's no easy task. Especially when you're playing stocks that all the "pros" are playing. You can get left holding the bag pretty easily playing these stocks. So be careful.
Thanks for the comment!
Thanks, this helps a lot. You are the most ethical, honest, caring, fair, wonderful human being and teacher. I appreciate it!!
Thanks for watching!
A little much
@@chrisv3534 dxcff
Ross,
In tos there is a relativevolumestdev indicator that shows the same info. My question is what is the standard deviation for and why should we want any deviation from a true mean of anything?
I haven't used that indicator so I'm not sure, sorry!
Wow, talk about knowing your space and how to be really good being it it ! Thanks Ross !
You're welcome!
I'm seeing this way late, since I wasn't trading when you made it...but thanks for the great content. You are such a great teacher!
Great video here with really useful advice here for newer traders that have just arrived here!
Thanks for watching!
Nicely done 🦁 trader 🍻 I always learn something new here.
Thanks for watching!
This is definitely one of your best videos! Packed solid with golden information.
Thanks for watching!
Another great Video Ross!! And I especially enjoyed the explanation and defense of "Day Traders" as not educated, and stupid. As you always say and are transparent "Day Trading Is Hard", and requires a certain level of "Aptitude". The "elitists" that dismiss Day Traders as Stupid, in my opinion seem more "angry" that "the game is changing" and they are no longer necessarily the smartest guys in the room. Love your channel.
Thanks for watching!
Yes, because Day Traders are, affecting the market somewhat ...the more Day Traders, the harder the "elitists" will have to "work" when translating the market for the masses...it is becoming less and less a "given game" for them. I hope that they don't come out with another 'clamp down' rule to curtail success for the little guy.
Finally got approved for CMEG. Can’t wait to get started
Awesome!
Steven Paino what kind the CMEG account is, and how I can open it?
I just put my application in today! Good luck!
Also my name has nothing to di with ross. Its my gamer tag with my sons channel, Warrior Grayson Channel
Great analysis in what we do and explaining what we look at and why it’s so different then traditional long term investing. At the end of the day we’re all trying to make real dough not play dough. Thanks Ross
You're welcome!
I really appreciate your explanation of averages and the practical aspects.
Thanks!
I'd love a 6.5 hr vid😀
join warrior trading you can binge watch and learn for hours!
Thanks for watching!
I was advised to watch your videos and they are great. I spent the weekend with a notepad watching some, sometimes twice, and learnt a lot (and realising my mistakes). Had my biggest green day today.
Great job Luke!
WELL SAID. Daytraders capitalize on the short term imbalances in price. That is exactly what I will be saying when someone questions it from now on. Thank you Ross!
Thanks for watching!
Hi Ross, amazing video! can't thank you enough for this education!
It's my pleasure Ben!
Hey Ross, you are def the GOAT daytraders ever, damn near perfect. Question: at your level of expertise, are you at the top of the mountain or are there still aspects of your trading you feel you need to work on? Thank you 🤔
Hey Mark, I feel like there are aspects that I still want to improve on. I feel like I'm a better trader now than I was two months ago and I hope to continue with this trend.
@@DaytradeWarrior you are making the puzzle pieces come together. I feel gratitude, your channel rocks.
gracias por compartir, from Arg wishing the best for you bro
zm always make me profit when volume comes in .
👍
I don't normally comment. I don't post on social media. I am a day trader and successful at it and make a good living. after watching this I felt compelled to post my opinion for other traders and especially newbies. HANDS DOWN the best and most accurate insight as to what is important and what you should be looking for. Trading is complicated but keep it simple. watch this over and over again and watch the charts till it "clicks" because eventually it will. relative volume, Vwap, 200 EMA, Pivots. Your good. Nice video ross
Thanks a lot for your comment Anthony!!
Thanks Ross! The information that you offer is life changing if applied properly.
Thanks for watching!
❤️ your videos Ross.
Do you have a strategy for swing trading?? , because I can't execute trades fast enough (since I'm with Etrade using Power Etrade platform) and can't analyze the market when it's moving fast.
There is a course for swing trading available through Warrior Trading. I dont have any experience with that course, but if it's as good as Ross's small cap course you wont regret it.
We do offer a swing trading course as well! The best way for you to learn more about swing trading and how you can get started would be to join us in the next live Warrior Trading webinar. The webinar is free to join, and you will receive a copy of my 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/
What is considered a high relative volume ratio that you would aim for? Example, above 50%, 30%, 100%?
What is considered "high" volume is specific to the individual stock. Ross looks for volume that is at least 2x above that specific stock's daily average. His custom scanner settings help him identify stocks that fit that criteria.
I have learned TON'S from you over the past couple of weeks... I still have alot to learn but I can do this!!! I feel alive for the first time in a very long time - Thanks Ross!!!
You're welcome Arnold! Happy New Year!
@@DaytradeWarrior Happy New Year Ross!
Good one! Thanks for the breakdown
You're welcome Tali!
Congrats! You rock!!! Thank you so much for simplifying it.
You're welcome!
I love Ross for a lot of reasons, but my favorite thing about Ross is, he doesn't say "ummmm", he says "ehhhhmmm".
Haha interesting!
LoL
And These ones!
This may be a silly question but do you take profits from each and every stock price or share or only sell the entire bunch of shares that you have daily- if u are day trading?
Absolutely, one of the best videos over never watched. Next to Jeremy Fielding and his how to video, and 2g1c, you freaking win! Thank you so much because the last few sentences in the video explains myself better than I can explain myself. You are a magical wizarding warrior! Your name will echoe in the chambers of my progeny for eternity sir! Damn I'm watching it again!
I appreciate that, thank you!
Your explanation at the end of the video may change my life, at least my trading. I had to stop the video three times to ingest the point you were making regarding the win percentage. I used to shoot competitive archery and we would shoot targets from distances ranging from 20 feet to 90 feet. As we would progress from the closest target to the furthest target, one strategy was to aim for the center on the close shots and aim for the target at the furthest target. If your arrow missed, it didn't count. Out of six arrows, I could hit the target more often then I could hit the center. Most shooters on the line shot for the center, looking for the big win and missed the target most of the time. I could count an easy 5+ points if I were just aiming for the target because I could easily hit the target but I could not guarantee a bullseye ever.
That's an amazing analogy! Thanks Bill!
I got your point. It is interesting to see that not to many people has paid attention to what you've said.
Does anybody know where is the Relative Volume indicator on Webull? Thanks :)
I'd recommend reaching out to them to learn more!
22:00 (ish) It's crazy I was talking about this earlier today after reading some of The Intelligent Investor.. Their biggest problem for them is their inability to evolve. It's like they're stuck in the past and are upset that things are changing. Like the guys who still wear bell-bottoms because of how "great" their lives were in the 70s.
Great points!
Thank you Ross, it was, as always, a very informative stream. The big part where I'm currently struggling is to find a method of how to quickly determine position sizing and how it should relate to your overall bankroll. Once an ideal pattern develops, I want to be able to quickly enter a trade but I can't because before this can happen, I am required to enter my entry price, break-even price into an excel spreadsheet to determine my position size. And while I'm busy doing this, the price may have already gone way up!
The best way for you to learn more about quickly determining position size and proper risk would be to join us in the next live Warrior Trading webinar. The webinar is free to join, and you will receive a copy of my 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/
My problem as well. Would be cool to paper trade in a simulator when I have time after hours.
Thanks Ross for sharing your ideas.
I'm just here to see the dog interrupt. It's always my favorite part.
Mine too!
Dammit ladybirddd
Come on girl keep it together
I find it so funny and makes Ross look like a real, regular guy.
KryptoKnife hahah i love this line! A video is never complete without it
Big investors: “What do they make? 200k? 500k? A million? That’s a joke!”
Me: cries in 30k a year retail job
Thanks for watching!
Everyone has to start somewhere bro so get going and think positive
Lmao!
Thank Ross for all your videos. I have been watching your vids for 5 years and I'm opening my first account with trade zero as I live in Canada. Starting with 500$.
You're welcome and good luck Colin!
Absolute Gold. Many thanks.
A motherfuckin' gem of a video, Ross. I look forward to working with you one day.
lol! Thanks Reza!!
You completely lost me... the RV spikes are lagging and drive the price action. By the time you screen for the gap, they’ve already gapped up. All the tickers on the screen then dropped back after open... by the time traders like us get in orders, everything has been priced in by the big boys. How does this RV show anything leading about the stock?