How Day Traders Handle The Losses - A Loss with Ross



Join our Free Day Trading Chat Room here: https://www.warriortrading.com/free-day-trading-chat-room/ Disclaimer: https://www.warriortrading.com/disclaimer /// 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/ "Music: http://www.bensound.com/royalty-free-music

Comments

  1. Most beneficial trading video ever! :D love it!
  2. good video. thanks . i had the same experience.
  3. Thank you ! I need video like this when I have bad days. That was helpful for me :) I hope with more experience this bad feeling will become natural.
  4. LOL XD, so true i always end up sleeping
  5. Lost $300 (DRYS) a couple months ago on my 8k account and it sucked pretty bad. started to paper trade for now. lol
  6. I did watch almost all your videos multiple times and one thing I have to say is that you are a very good mentor.
  7. ross this is hillarious ahahahahah
  8. Good to know you have a sense of humor... your a funny guy
  9. As an engineering student, the most motivating video I ever saw was Elon Musk crying after the third Space X launch failure. I realized that all my heroes have failed temporarily and been emotionally beat up, BUT they don't give up. Thanks Ross. I hope to get in on the next mentorship program.
  10. So encouraging and peaceful. Thanks Ross.
  11. Aside from being a great trader, you are incredible entertaining. I love being a member of the chat room!
  12. I think a good awser is a meditation for 20 minutes a day to clear the mind. Worked for me very well. To trade with a silenced mind..
  13. Every time I loss money. I tell myself I'm not going to trade today
  14. Haha how about take a nap. Or go see a movie.
  15. ha, this is great!
  16. great analogy.. the race car.... as I sometimes say to myself after a bad trade,..."Sir, please step away from the vehicle."
  17. this hit me right in the feels lol awesome video man
  18. I'm not part of your group but I am a Trader. Thx for the good video about the real side of crappy days. We all have them, good job...
  19. Question. How do you deal with the sell too early. I understand now after 6+ months live that a guy can not take $250-400 when the trade had another $500-1000 to give. Winning $250+ a trade is great but we all know the losers add up fast and most of the time are larger than the $250-500
  20. I paper traded for 6 months. No work just focus on paper trading and my training. First day live trading all learning from paper trading out window. EMOTION is a monster. Also you wanted to be a boxer and you thought you would never get punched.


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Duration: 16m 20s

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