Day 68 of the $583 Challenge +$3,192.48

FREE eBook: "How to Day Trade" | Download Now: http://webinar.warriortrading.com/signup DISCLAIMER: http://www.warriortrading.com/disclaimer/ // Join our Free Day Trading Chat Room here: https://www.warriortrading.com/free-day-trading-chat-room/ See our Live Streaming Channel on TickerTV here: https://ticker.tv/daytradewarrior/ I teach Day Trading Strategies for Beginner Traders.  I focus on Momentum Trading Strategies including Gap and GO! and Trend Finding Strategies.  All of our classes are available for immediate streaming at https://www.WarriorTrading.com. // Helpful Links Day Trading Chat Room: https://www.warriortrading.com/day-trading-chat-room/ Premium Trading Courses: https://www.warriortrading.com/trading-courses/ Gap and Go Trading Strategy: https://www.warriortrading.com/gap-go/ Momentum Trading Strategy: https://www.warriortrading.com/momentum-day-trading-strategy/ Reversal Trading Strategy: https://www.warriortrading.com/reversal-trading-strategy/ Contact Info: https://www.warriortrading.com/contact/ Twitter: @daytradewarrior @swingwarrior “Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime”… // Learn How to Day Trade and Learn How to Swing Trading As Day Traders and Swing Traders our mission is simple. We are looking for stocks that we expect will move in a predictable direction. We want to take a position with a predefined stop level and profit target. Sounds easy right? In a lot of ways it is. But there are literally thousands of different strategies for trading the market. Every trader has a unique approach to trading. Our goal is to teach you our strategies. I have developed a series of profitable trading strategies for beginners. Our Trading Courses focus on the most fundamental aspects of a successful trade. // Chart Patterns After you understand risk management and proper stock selection, we teach you how to find stock patterns on charts. These patterns are how we base our risk and reward. We look for chart patterns that have well defined areas of support and resistance. We will use previous support levels as our stop price, or our risk, and we look at previous resistance areas as our initial profit target, or our reward. If the profit vs loss ratio is 2:1 we will take the trade. I teach both day trading strategies and swing trading strategies. For day trading we focus primarily on 5min charts while swing traders focus more on daily charts. The patterns in general are the same. I teach traders how to find patterns in real-time including Bull Flags, Bear Flags, Flat Tops, Flat Bottoms, and Rubber Band Reversal Setups. // Trading Strategies Learning risk management, proper stock selection, and chart patterns is important, but those alone don’t create a trading strategy. A trading strategy requires details on the time of day you take these trades, what type of stocks you like to trade, what percentage to success you expect. All our students are required to papertrade and prove to me that they can trade on a percentage of success that is high enough to justify real trading. If you can’t make money in a demo account, you have no business trading a real account. We have saved students hundreds of thousands of dollars by encouraging paper trading while they are learning. The market will be here for a long time to come. The important thing for you right now is to build up the skills to trade the market successfully. You will learn that once you possess the skills to consistently make $20.00/day all it takes to make $200 is larger share size. Then all it takes to make $2000 is again, larger share size. The hardest part is being consistently green just $20/day. So that is our initial target for all of our students. Profitable trading 4/5 days per week for at least 3 months. Join our Free Day Trading Chat Room here: https://www.warriortrading.com/free-day-trading-chat-room/

Comments

1. What are the conditions you set for your scanners so that they take you to such high volatility stocks?
2. I'm finding myself having to hold trades over a few days due to lack of action even though there is high volume prior to taking the trade.... so annoying:/
   
   
3. How do people know about these pharmacy stocks that shoot up so often
4. Thank you very much Ross!
5. i'm on a red streak. down from my account highs but i'm still "in the green" despite my small position size and money spent on commissions. i'm looking at the big picture. i want to make my account grow and i know that there will be drawbacks. i keep telling myself that i am profitable and i know what i'm doing but it sucks having a few red days in a row. regardless, i will keep pushing on.
6. Hey Ross, very informative video! I was just wondering what you are using for your standard risk per trade for this challenge?
7. i wish i saw your stuff before sykes'....your strategies work way better for me :/
8. What is the exactly meaning of term" home potential movement " please?
9. Why was 6.70 a pivot point for CBIO?
10. Hello Ross. Do you ever short a stock or do you primarily always look to go long?
11. i remember when you started you had 583, but your buying power was around 4k? How is that? is it because of the second account?
12. When joining warriortrading do you get the scanners too? or are those seperate
13. "wasn't the best trade ever, got 1500 bucks" no big deal 😎
14. Hey Ross! Nice videos!! When it comes to trading your Gappers i know that you look for the news premarket, but when it comes to trading the Momentum stocks are you also looking for the news or are simple playing the technicals?
15. after watching your videos for a year, I'm building up to get out of truck driving to become a day trader full time. thanks for all you do to demystify the stock market and show there is a real life one can build with trading.
16. How do you feel about forextrader pro?
17. You take what the market gives you, or you take what the market gives you.
18. Would you say that your emotions got the best of you on PYDS even though you still got out green?
19. How did you transition so quickly from selling NADL to buying & selling CBIO all at 9:33am?
20. Awesome Ross.