Live Trading my Momentum Trading Strategy on $DRYS



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. Hello Ross, i was wondering what platform, sotfware or any tools would you suggest to get for a beginner day trader with a small budget. only one MUST HAVE. Would it be trade ideas ,speedtrader or esignal? I'm pretty sure to make the whole thing efficient it needs to be all together like a package?
    Also how can we be one of your student? Thanks
  2. what software is this?
  3. great approach man, even if it didnt work out as you anticipated, it was a nice one
  4. holly shit I would cry if that happened to me.
  5. this stock ran to $100 a share yesterday. LOOL
  6. God dam thing went to $90+
  7. and then it went to 42.
  8. DRYS closed $42.86 :)
  9. hey warrior its amazing i'm short term trader even i don't use any tools i only trade using candle sticks like you man
  10. Hey Ross,
    This was probably one of your best videos thus far!!! very informative and actually gives us a perspective to how you actually trading, how the strategy you are trading is unfolding and what is your thought process behind getting in/out on the trade and gives us a glimpse into how you are actually trading!!
    LOVED IT!! please keep posting trading videos like this more often!!! this would defintely draw more viewers and subscribers to your channel!
  11. Wow ross thats was i nice entry there. is it often you check for 9ema on 5 min and 20ema on 1 min?
  12. I understood your strategies and why you bought it, but I do not understand how you adjusted your stop loss and how you bought it that fast.
    Anyway,Good video ! I like those live trade
  13. Congrats Warrior!
  14. ok now that is really legit! this is really useful and i hope you make more of those! thanks man
  15. Good trades, enjoy a lot!
  16. Man your a confident trader you were up more than 2k and still waited for the bigger love which DID look likely.

    I'd sold quick.
  17. Awesome Ross!
  18. Ross the boss, excellent risk management..f the profit u mitigated risk and that's what is important as a trader/investor...
  19. Did you get the second bounce from ~ 13.50 - 15.50 ... $DRYS was just giving it away today :-)
  20. Good job buddy, you know what you're doing, and there are plenty of opportunities in the future. I've been losing money and winning money, but my win/loss ratio is 40% win/ 60% loss, so i'm really trying to fine tune what i've learned for the past few months. (started trading the market in august. I really want to learn how to use your scanners, and join your chat room. Gratz of the wins anyways


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Duration: 9m 22s

Rating: 96