Live Trading $DRYS dropping 79% and Halting 4 times



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/

Comments

  1. Hey how do you get shares to short? Do you have to contact your broker as in ringing them or?
  2. Can you imagine being short 40,000 shares at the top, only to make millions in the blink of a halt resume? :D Now imagine being 40,000 shares long at the top :D
  3. Nice trading day and risk control mate!
  4. why is it called Circuit breaker?
  5. so my question is who would buy $100 share stock when you know it will hit $3.00 I assume no one right?
  6. GLS burned me. down $1500 but didn't sell it. am hoping it will spike in premarket so I can sell it at the break n get some of my lists back
  7. Great video. It sure was a crazy week
  8. as soon as i found out about offering @30, i was a lil late but i shorted from $37. sold half at 23ish. rest at 25ish. holding very small amount. should have covered at 11 but meh.
  9. Gosh Ross. Sorry to hear you missed this. Let us know when you have more meetings. ; )
  10. i would jump out of a window. if i saw my account drop 79%.
  11. which broker had shorts on DRYS? not TD not IB not SCOTTRADE not suretrader?
  12. i really wanted to short it, SpeedtraderPro had shares. but i was afraid it will spike to over 120 very quick and even with cutting losses i would be down 10k so i just watched it. very interesting move. thank you ross for the details and teachings.
  13. I sat out today as well.
  14. Ended up 40% Today on sympathy stock GSL. It was a pretty good morning ^_^
  15. Thank you Ross! I admire everything you do!
  16. how did you know when it was going to resume?
  17. I had shorted 500 shares at 73.00 and set it to close at 51.08 because I knew I would be asleep did not expect it to drop as far.
  18. quick questions: where do you find the info about the circuit breaker halt?.. heard some kind of radio channel ..
  19. Drys was an emotional roller coaster


Additional Information:

Visibility: 7855

Duration: 46m 8s

Rating: 77