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How to Day Trade Bull Flag Pattern 

Ross Cameron - Warrior Trading
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4 авг 2024

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Комментарии : 212   
@MrThinkalittlemore
@MrThinkalittlemore 7 лет назад
Ross is the man. I'm not a warrior pro student (soon enough hopefully) but I have taken his day trading course. This explanation is unlike anything else I've seen. Ross makes a lot of money and, yet, he is unusually humble. That is, as you probably know, quite rare compared to most if not all self-proclaimed stock gurus out there. Thanks, Ross. Lookin' forward to the chat room tomorrow.
@UCanDoIt2Mike
@UCanDoIt2Mike 7 лет назад
Ross, You d a fantastic job explaining this. The best part of this walk through is the fact that you mask the future candles and talk about decisions based on what is known. That was very useful and represented a live scenario. All of your videos and presentation are incredible. Many thanks!!!!! Mike
@eyeThink11
@eyeThink11 5 лет назад
Agree. This is exactly what I needed. Somebody to walk me through with the information that is KNOWN at the time.
@nickyd1001
@nickyd1001 8 лет назад
Great video. Watched it last night and made money trading this pattern in amat this morning. 2 nice flags during the gap and go. Keep up the great work.
@tacticaltradingpennystocks7206
@tacticaltradingpennystocks7206 4 года назад
The lightbulb went off during this lesson. EXCELLENT. Every newer trader should be watching this OVER & OVER AGAIN. Explained brilliantly. Thank you Ross.
@DaytradeWarrior
@DaytradeWarrior 4 года назад
Thanks John!!
@sampraas1
@sampraas1 7 лет назад
Hi Ross, when trading bull flag breakout do u place a limit order & wait for the price to reach the same or do u place a quick & proactive market order once you see the bull flag breakout happening??
@NICKTYRRELL
@NICKTYRRELL 7 лет назад
ive learned so much in 2 days and about 14 hours of video watching :) thank you
@rytrade3711
@rytrade3711 6 лет назад
Great video Ross. I am up to bull flag section of book and got a little confused, looked at the video and now I have 20/20 vision!! I look forward to joining the team. keep up the great inspirational work. Thanks
@DaytradeWarrior
@DaytradeWarrior 6 лет назад
Hey Ryan, I look forward to having you as a Warrior Trading Student! Do you think you're going to sign up for the pro course? If so, you'll be able to chat with me in the chat room! I'm happy that you're learning a lot from my video and book! Thanks for watching!
@jamescheng3426
@jamescheng3426 6 лет назад
Great video Ross, thanks for the very clear and simple explanation
@manja7130
@manja7130 8 лет назад
I learn so much from your videos, cant wait to take your course!
@HangryDiesel
@HangryDiesel 3 года назад
Great video as usual, for the moving average pullback are you looking at the SMA or EMA and over how many days? Thanks
@rmb7355
@rmb7355 7 лет назад
Unbelievable! This is super helpful. I am learning more on your videos on RU-vid.com a few days than I have on anyone else's videos during the last year. Thank you Ross.
@joshuahaewardii8540
@joshuahaewardii8540 8 лет назад
Hey Ross, that powerpoint looks realllll interesting! It looks filled with great examples of your bread and butter and I'd love to have a download :3
@sydneyearther5370
@sydneyearther5370 4 года назад
That was super amazing. I can’t believe I basically understood you even though I don’t know the terms or how to do it yet. I’m loving this !!! I totally understood what you meant about the first pullback usually being the strongest and checking the 5 minute chart to look for the overall pullback so you can try to determine when it’s going to end and not to jump in even if you see that pattern again. I think that’s what I understood anyway!!!! I feel like if I did understand that, that I can do this! And I’m so excited to be in your class soon
@DaytradeWarrior
@DaytradeWarrior 4 года назад
Awesome!
@dermanaviv
@dermanaviv 8 лет назад
hey Ross, thank you for this video. regarding the entry price, so i have understood that your entry point is after the first pull back, but regarding entry price, is your tactic one cent above the day high?
@gianthuman3315
@gianthuman3315 4 года назад
HI Ross. Thanks for the great content as always. For my own clarification, our stop loss is the low of the wick(shadow) during the pull back, and the new high of the pull back for our entry point is going to be the body (not wick) of the first green candle before the potential breakout? Sorry if this is confusing language. Thank you
@SquatSimp
@SquatSimp 3 года назад
Great video. What is the blue line indicator shown in the charts?
@surething119
@surething119 6 лет назад
The golden pattern of momentum based daytrading. Thank you Ross!
@DaytradeWarrior
@DaytradeWarrior 6 лет назад
You're welcome!
@InLawsAttic
@InLawsAttic 6 лет назад
I wish could see that set up with what the L2 looked like at same time. To see L2 patterns. Very helpful, thanks!
@lawrencensobya2140
@lawrencensobya2140 7 лет назад
Very good video. Thank You Ross
@odinmp5
@odinmp5 6 лет назад
Ross , like always kicking ass. This is maybe the Best múltiple timeframe explanation ever.
@DaytradeWarrior
@DaytradeWarrior 6 лет назад
Thank you!
@RagnarokCo
@RagnarokCo 6 лет назад
Am I correct with entry at 3.15 and stop at 4.10 in the first example? Our theory is based on 5 min but where is the "clean" setup in the 1 min chart you talked about. Extremely confused with powerpoint examples as well.
@johnstolorow5113
@johnstolorow5113 7 лет назад
Nice video. I'm not clear on what you mean by "these are good 5 minute setups that do need to correlate with clean 1 minute setups" though.
@bullitt773
@bullitt773 6 лет назад
Great video! Ross, your stop is at the 1st red candle to make a new low... on which chart, 5min or 1min?
@DaytradeWarrior
@DaytradeWarrior 6 лет назад
On the 5 minute chart. Sometimes I set a stop too that is 10-20 cents below my entry depending on the situation.
@AJHowarth
@AJHowarth 2 года назад
This is the first video I've seen from your channel. I love it. Very clear and concise!
@DaytradeWarrior
@DaytradeWarrior 2 года назад
Thanks Andrew, keep watching, I have tons of videos!
@greatjobivan
@greatjobivan 3 года назад
Was that a flat top before the brake out? First graph
@thedoor2success31
@thedoor2success31 7 лет назад
Thank You Ross!!!
@mladensusanj5678
@mladensusanj5678 5 лет назад
in example using PRGN (around 13min of video)...when do you get out (sell) after the 2nd successful breakout? What would be the sell trigger around the top? I like to get out when doji (long upper shadow) is followed by higher volume down candle, especially if that one closes at/below EMA(9). What do you use to get out?
@DaytradeWarrior
@DaytradeWarrior 5 лет назад
I always sell into the breakouts, scaling out 1/2 then 1/4 etc. I adjust stops to breakeven once I've started to scale out.
@taralpatel8063
@taralpatel8063 4 года назад
Hi Ross, Thank you for your informational videos! They are incredibly helpful! I just started day trading (paper money, of course) just 3 weeks ago and your videos were one of the most helpful resources! Quick question with trading the bull flag pattern... How do you decide how many stocks to buy... what determines a stock worthy of 1000 shares vs 5000 shares?
@DaytradeWarrior
@DaytradeWarrior 4 года назад
Hey Taral, This is something I go over in my live webinars. If you haven't had a chance to attend yet, the best way for you to learn more about 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/
@cjraza2
@cjraza2 4 года назад
when u say the entry is at the 1st candle to make a high do u consider a top and bottom wick of the candle as high and low of the price and candle body as support and resistance area on lower time frames?
@DaytradeWarrior
@DaytradeWarrior 4 года назад
Wicks are considered as highs or lows of the candle
@MrDoGoOd1000
@MrDoGoOd1000 3 года назад
how did you know you should have exited? is it the doji? or that you had 3 runs without proper retracement on the 5Min?
@KubuntuYou
@KubuntuYou 7 лет назад
Do you ever use trailing stops?
@realonejt1954
@realonejt1954 8 лет назад
Can't wait to join your trading community Mr. Ross. I appreciate all of your work.
@danaziascoggins9473
@danaziascoggins9473 7 лет назад
So what I'm having trouble understanding is how 5min and 1min chart correlate with one another.So if both charts have pull backs or breakouts at the same price range does that mean its a good entry point?..im going to look at ths video a few more times. I'm going take warrior trading course to really get the full breakdown of how ths works.
@InLawsAttic
@InLawsAttic 5 лет назад
I am reviewing this weekend, loved the pro warrior coarse, love the chat room! I have one quick question, how to know when the set up should be watched on the one minute vs. the five minute? Is it just time of morning? Is it just speed at which the price is going up? Thanks, hope you are enjoying your weekend ! 👍🏻😊
@DaytradeWarrior
@DaytradeWarrior 5 лет назад
Hey, Generally when a stock first starts making a move I watch the 1min, but once the breakout is well defined I switch back to the 5min.
@InLawsAttic
@InLawsAttic 5 лет назад
Thanks so much, that clears it up for me! Cu tomorrow in chat room!
@bzts9352
@bzts9352 8 лет назад
What scanner do u use, can you make a video on how you make your scans and how u make ur watch list
@india9nine496
@india9nine496 7 лет назад
He uses trade-ideas
@jslang7653
@jslang7653 7 лет назад
India 9 Nine he already has those vids up
@cjraza2
@cjraza2 4 года назад
hi ross do u keep your stop loss on the body of the candle or u consider the wick too? many thx
@DaytradeWarrior
@DaytradeWarrior 4 года назад
Stop loss is bottom of the wick, thank you for the question!
@jtran3546
@jtran3546 3 года назад
Hi Ross, what is the value of that white line EMA that you're using on the 5 min chart? Thx
@DaytradeWarrior
@DaytradeWarrior 3 года назад
9 EMA
@MM-uv3vb
@MM-uv3vb 3 года назад
On another bull flag video (from 2014) you talk about using 1 minute candle sticks to trade bull flags. Here you're mostly using 5 minute candles. Which one is more useful/profitable to use when trading bull flags patterns?
@TheGILBERTO45
@TheGILBERTO45 4 года назад
Hi sorry I am Brazilians, great vídeo, but I have question, whats scanner you to use?
@DaytradeWarrior
@DaytradeWarrior 4 года назад
hey! I use scanners I customized myself!
@Devenrodriguez
@Devenrodriguez 4 года назад
so while trading do you focus on both time frames or one more than the other?
@DaytradeWarrior
@DaytradeWarrior 4 года назад
Typically I will focus on the 1 minute chart more.
@nicolas.pascal
@nicolas.pascal 8 лет назад
Do you get into and out of a stock with market or limit order when the stock is moving really fast?
@diegohedrick3628
@diegohedrick3628 8 лет назад
it's always best to trade limit orders as market orders your not guaranteeing what price your order will be executed at so always use limit orders instead of market orders especially in a fast moving market
@nicolas.pascal
@nicolas.pascal 8 лет назад
ok. thanks.
@blblawhoo4338
@blblawhoo4338 6 месяцев назад
where you get that kelent channel thing from?
@alikev4161
@alikev4161 7 лет назад
would u teach me to trade the pull backs for a training? how much would training cost and how can i reach u thanks
@DaytradeWarrior
@DaytradeWarrior 7 лет назад
Yes! Check out our courses here - www.warriortrading.com/trading-courses/
@alwayshumble6827
@alwayshumble6827 6 лет назад
U R great sir, these all knowledge is from ur experience or u learned it from any other.
@DaytradeWarrior
@DaytradeWarrior 6 лет назад
I had a couple of mentors that I took bits and pieces from as I was starting my trading career.
@evantan6
@evantan6 5 лет назад
Can you explain why you tend to take entries right around the whole dollar at 4:00? Is there a strategic advantage, or it's just some random habit?
@av8rchase
@av8rchase 5 лет назад
Likely because there is typically lots of volume around whole dollar areas, and with the low float and large sizes that he’s taking, he needs to use that volume to have a decent entry/avg price.
@albertzhou292
@albertzhou292 3 года назад
Hi Ross, I have a simple question about the entry of trading breakout strategy, consider if we are looking for a 1min or 5min to make a new high, or it's other breakout strategies, but anyway we know $5.25 will be the price we need to breakthrough, which will be a better entry, $5.24, $5.25 or $5.26. In my opinion, I think 5.26 might be a better entry, simply just because at this price we have confirmed 5.25 is broke whether it's a real breakout or false breakout, am I thinking in the right direction?
@rodey6594
@rodey6594 3 года назад
Ross, the entry is it always based on the breakout of the high of the previous 5 min candle?
@DaytradeWarrior
@DaytradeWarrior 3 года назад
You can learn more in our intro class here: www.warriortrading.com/free-day-trading-class/
@squaredcircle8768
@squaredcircle8768 4 года назад
Hi Ross quick question. Would you take a entry on a 1 min bull flag if it isn’t quite setting up as a bull flag on a 5 min chart. Thanks
@DaytradeWarrior
@DaytradeWarrior 4 года назад
Yes, I most likely would though it depends on the stock and the exact setup. I go over more details in the Warrior Pro courses. www.warriortrading.com/warrior-pro-info/
@squaredcircle8768
@squaredcircle8768 4 года назад
Warrior Trading one more thing for now Ross. I will be taking a subscription on the paper account and the chat room in a couple of weeks. I’m looking for a laptop. I would like to keep cost as low as possible. Any suggestions on what I should look for in terms of power at a minimum. Would really appreciate the help. Thanks
@cpalmer5163
@cpalmer5163 7 лет назад
Do you trade during the candle when it breaks the high or do you wait for the candle to close above the high?
@jazzkid4287
@jazzkid4287 6 лет назад
The Geek wait for the pullback, preferably buy into weakness sell into strength just an opinion
@jimsmith8797
@jimsmith8797 6 лет назад
Why he is also watching the 1 minute chart at same time. He can see the pullback aka buying opportunity
@kurtis-codes
@kurtis-codes 3 года назад
What is this scanner you are referring to?
@DaytradeWarrior
@DaytradeWarrior 3 года назад
Warrior Trading Scanners! www.warriortrading.com/scanners/
@sidminister8855
@sidminister8855 7 лет назад
how to get scanners and gappers tools. is that also work on INDIAN market to find stock?
@DaytradeWarrior
@DaytradeWarrior 7 лет назад
Hey Sid, see more info on our scanner settings here - warriortrading.com/scanners/
@jslang7653
@jslang7653 7 лет назад
Warrior Trading looks like you need to hire some more help buddy lol...hundreds of questions! geesh.
@pvpnkittens
@pvpnkittens Год назад
Top notch material. Thank you Ross
@DaytradeWarrior
@DaytradeWarrior Год назад
You're welcome!
@faithhenderson5626
@faithhenderson5626 3 года назад
What do you mean when you say "pull back" and "breakout." Does pull back refer to selling and breakout referring to volume?
@DaytradeWarrior
@DaytradeWarrior 3 года назад
A pullback is a temporary pause or dip in an asset's overall trend. The term is sometimes used interchangeably with 'retracement' or 'consolidation'. However, a pullback should not be confused with a reversal, which is a more permanent move against the prevailing trend. A breakout is a stock price moving outside a defined support or resistance level with increased volume. A breakout trader enters a long position after the stock price breaks above resistance or enters a short position after the stock breaks below support.
@justinbrostrom538
@justinbrostrom538 3 года назад
@@DaytradeWarrior how do you know where the breakout is going to start. You know the exact dollar and cents to enter. Where does that number come from? Is this part of a setup you do before trading with a stock?
@kylehohman5259
@kylehohman5259 4 года назад
What program is this for the stock charts?
@DaytradeWarrior
@DaytradeWarrior 4 года назад
I use eSignal for my charting, www.warriortrading.com/esignal-review/
@kylemccrea873
@kylemccrea873 4 года назад
how much relative volume should we be looking for?
@DaytradeWarrior
@DaytradeWarrior 4 года назад
Hey Kyle, I just posted a video about Relative Volume that you can watch here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-yFoBnM0iSlc.html
@Scalper_27
@Scalper_27 2 года назад
Great content Ross. I notice you use stops. . I wonder if you also use trailing stops for exit strategy purposes? In TD having a stop would then require you to have to first cancel the stop order before setting up a sell trailing exit strategy which could take up some meaningful time.
@DaytradeWarrior
@DaytradeWarrior 2 года назад
Thank you Edwin! Ross likes to use mental stop losses that he will execute using limit orders once his stop price is reached. This is why you don't see actual stop orders being sent. He instead will use a limit order to exit the trade at the stop price. Ross finds this to be more efficient then sending stop orders due to how quickly he can be in and out of his trades. We do encourage beginner traders to use stop loss orders until they are more proficient and feel comfortable and disciplined enough to use limit orders to exit at stop out points instead.
@Scalper_27
@Scalper_27 2 года назад
@@DaytradeWarrior Awesome 👏. I’m a faithful subscriber and hopefully a future pro student. Thanks Ross!
@jkdmmabox
@jkdmmabox 2 года назад
Thank You Big Dawg! Gotta study, study, study!!!
@DaytradeWarrior
@DaytradeWarrior 2 года назад
Thanks for watching!
@tomerarad5966
@tomerarad5966 3 года назад
Your videos are the best!
@DaytradeWarrior
@DaytradeWarrior 3 года назад
Thanks Tomer!
@maxmeista
@maxmeista 6 лет назад
Hi Ross, I see that yourself and other traders as well do use the moving average. I read that for non-day trading the suggested number of periods is 50-days and 200-days, however, in the day-trading context, is there a number or range of periods that you would suggest? Thanks!
@DaytradeWarrior
@DaytradeWarrior 6 лет назад
Hey Max, when day trading, I typically use 9, 20, 50 and 200 EMA's.
@maxmeista
@maxmeista 6 лет назад
Great! Thanks Ross for your quick reply!
@dibyadeepbose4306
@dibyadeepbose4306 5 лет назад
Great strategies in play, All of them are centered around the Moving Averages. Do you generally use VWAP as any support/resistance indicator for these sort of penny stocks?
@DaytradeWarrior
@DaytradeWarrior 5 лет назад
Hey Diyadeep, I typically use VWAP as a guideline for the strength of a stock, above VWAP bullish, below bearish.
@dibyadeepbose9896
@dibyadeepbose9896 5 лет назад
@@DaytradeWarrior Thanks for the reply, Ross. I believe the PINK indicator is VWAP(as it fairly consistent unlike the MA),right?. SO in your example though the stock is much above VWAP(one way to interpret overextension?) but as the stock is fairly hugging the MA lines relatively, its a good trade. Great examples, awesome video
@DaytradeWarrior
@DaytradeWarrior 5 лет назад
Hey Dibya, though a stock away from VWAP can be extended that doesn't necessarily mean I wouldn't take a trade, depending on the setup.
@dibyadeepbose9896
@dibyadeepbose9896 5 лет назад
@@DaytradeWarrior Got your point, excellent example and thanks for sharing
@jakea9589
@jakea9589 7 лет назад
What chart platform and scanner are being used here?
@DaytradeWarrior
@DaytradeWarrior 7 лет назад
Trade-Ideas to run our scanner settings - warriortrading.com/scanners/ and eSignal for the charting.
@jakea9589
@jakea9589 7 лет назад
Warrior Trading thanks!! Also do you have any programs to learn for somewhat of beginners? Just curious as I really like your videos
@aarongallagher2398
@aarongallagher2398 6 лет назад
At the risk of sounding completely novice, how do you actually choose and apply these patterns, how do you know that the flagpole (on the upspring) isnt the start of a different pattern? Surely in hindsight its easy to notice but with the pressure of trading these would seemingly slip by?
@DaytradeWarrior
@DaytradeWarrior 6 лет назад
experience and practice! We as traders can't be right every time. So knowing where you are going to cut your losses is critical in not getting caught in stocks longer than you want to be. We highly recommend focusing on your education and practicing on a simulator before trading live with real money. This is because failing to maintain consistency may result in serious financial losses. The great part of it is we offer both education as well as the simulator for you to practice on here at Warrior Trading.
@aarongallagher2398
@aarongallagher2398 6 лет назад
Thank you ever so much for the reply, all noted.
@linnethcordova6576
@linnethcordova6576 8 лет назад
So if a stock let's say is forming a bull flag but there is no volume it won't run regardless of the pattern?
@jslang7653
@jslang7653 7 лет назад
Linneth Cordova no volume no trade
@bradendumaine635
@bradendumaine635 4 года назад
Are all these patterns on power point included in your starter course?
@DaytradeWarrior
@DaytradeWarrior 4 года назад
Hey Braden, Yes plus a lot more! www.warriortrading.com/trading-courses/
@bradendumaine635
@bradendumaine635 4 года назад
Warrior Trading, awesome do you got any discount codes? I'm gonna buy the starter course for now and will upgrade to pro when I'm finished!
@bizcochodulce
@bizcochodulce 3 года назад
Thanks Ross for this video!
@DaytradeWarrior
@DaytradeWarrior 3 года назад
You're welcome!
@danasani548
@danasani548 Год назад
Hey Ross what do you mean by Catalyst?
@DaytradeWarrior
@DaytradeWarrior Год назад
Dan, typically a catalyst is a piece of news that is released about the company!
@johnmoney7626
@johnmoney7626 3 года назад
Hey Ross. What would be the difference between a a bull flag on the 5min chart and a bull flag on the 1 min chart?
@DaytradeWarrior
@DaytradeWarrior 3 года назад
The best way for you to learn more about the difference 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/
@johnmoney7626
@johnmoney7626 3 года назад
@@DaytradeWarrior I will see you there sir. Thanks Ross.
@gregorykipp9308
@gregorykipp9308 4 года назад
Can’t wait until I can sit and watch 10+ hours! Kind of hard when I’m a very small account less than 1k with PDT 😭
@DaytradeWarrior
@DaytradeWarrior 4 года назад
Hey gregory, Try an offshore brokerage account. These are two offshore brokers that people in our community or our educators have used that you can research. For accounts under $25,000 (as little as $500), you can take a look at CME Group (US and all international residents except Canada). CME Group review: www.warriortrading.com/capital-markets-elite-group-review/ CME Group Rebate Program: www.warriortrading.com/cmeg-broker-rebate-program/ CME Group website: cmelitegroup.com For accounts under $25,000 Minimum deposit of $1000 available to anyone outside of the USA Even Canadians: TradeZero review: www.warriortrading.com/trade-zero-broker-review-how-it-matches-up/ TradeZero WT rebate program: www.warriortrading.com/tradezero-broker-rebate-program/ TradeZero website: tradezero.co/
@johnstolorow5113
@johnstolorow5113 7 лет назад
When you say "the first green candle to make a new high" do you mean the body of the candle or the shadow? Thanks.
@jazzkid4287
@jazzkid4287 6 лет назад
John Stolorow preferably the bulk par of the candle not the "wick"
@truefresco1
@truefresco1 3 года назад
Thanks Ross.
@ramankhangura5914
@ramankhangura5914 8 лет назад
i love you Ross.
@Roughneck7712
@Roughneck7712 3 года назад
I notice in this video that you say to wait for the first 5-min to make a new high before entering. I've been reading your book and can't find that you ever say it has to be only the 5-min and not also the 1-min. I assume entering on the first 1-min to make a new high during a bull flag would also be valid, correct (especially if it coincides with a pullback to a moving average that has been providing support throughout the trading period), or is it too aggressive to trade the first 1-min to make a new high?
@Roughneck7712
@Roughneck7712 3 года назад
Disregard, I just read the section on ORB which answers my above question. GREAT BOOK filled with valuable info on almost every page. Thank you!
@DaytradeWarrior
@DaytradeWarrior 3 года назад
I do like to use the 1 minute as well!
@jdawg1157
@jdawg1157 4 года назад
Can someone please help me understand this more clearly? --> “The entries during the consolidation phase is where the first 5 min candlestick makes a new high.” The candles Ross refers to as entry points are still below other candles. When he says a new high what is it relative to?
@hammads9045
@hammads9045 3 года назад
Are there always multiple pull-backs?
@DaytradeWarrior
@DaytradeWarrior 3 года назад
Hey Hammad, No not always.
@bustedrooster8461
@bustedrooster8461 10 месяцев назад
@5:49: You say you would have sold half your position. Why? Can you elaborate on specifics?
@DaytradeWarrior
@DaytradeWarrior 10 месяцев назад
I like to book profit and adjust stop to break even on the balance
@bustedrooster8461
@bustedrooster8461 10 месяцев назад
I'm aligned with the sentiment. I like to follow a similar strategy -- better to play with house money where possible. How do you decide it's time to take money off the table and not wait it out? You're doing so here within 2 minutes (assuming it's timed perfectly). For context, I'm a 15 year trader. And 20 years in data science. I signed up for WP trial -- I'm still a skeptic, open-minded. Very bullish on day/swing trading as a strategy. @@DaytradeWarrior
@petero9270
@petero9270 4 года назад
I give you thumbs up 👍 very good sense for being bullish!
@DaytradeWarrior
@DaytradeWarrior 4 года назад
Thank you!
@phantomsedge5686
@phantomsedge5686 4 года назад
Hey Ross, I was wondering why you said you stayed away from consolidating candles and let it break out. Was it because it’s too unpredictable
@DaytradeWarrior
@DaytradeWarrior 4 года назад
it's hard to know where the apex point it
@phantomsedge5686
@phantomsedge5686 4 года назад
@@DaytradeWarrior i love the fact that you take the time to explain and reply thank you
@clintonwilliams9617
@clintonwilliams9617 6 лет назад
where’s the best info for starting swing trading? really like this video and hope to day trade one day :)
@DaytradeWarrior
@DaytradeWarrior 6 лет назад
We have a great swing trading class in our Warrior Pro Course - www.warriortrading.com/warrior-pro-info/
@clintonwilliams9617
@clintonwilliams9617 6 лет назад
Thanks, I'll be checking it out tomorrow. got to get up to early tomorrow lol
@jomarbuesa
@jomarbuesa 5 лет назад
Which minute chart does your pattern work best?
@DaytradeWarrior
@DaytradeWarrior 5 лет назад
Hey Jomar, I typically use the 1 minute chart, then the 5 minute chart for some longer time setups.
@DaytradeWarrior
@DaytradeWarrior 5 лет назад
Here’s more about Time Intervals and Charting, and how to select the best times for your trading - www.warriortrading.com/choose-right-time-frame/
@alwayswinning3743
@alwayswinning3743 Год назад
How often would you say these patterns work?
@DaytradeWarrior
@DaytradeWarrior Год назад
Always, there are patterns like this daily, however, success rates vary as markets are always changing.
@teslamr7333
@teslamr7333 2 года назад
Can a one day pullback be considered a Bull Flag or is there a minimum amount of days?
@DaytradeWarrior
@DaytradeWarrior 2 года назад
Hey, Ross likes to see 2-3 days of pullback before considering a pattern to be a bull flag.
@teslamr7333
@teslamr7333 2 года назад
@@DaytradeWarrior Thank you !
@robertdietrich2658
@robertdietrich2658 4 года назад
thank you sir
@DaytradeWarrior
@DaytradeWarrior 4 года назад
thank you!!
@troysmith4456
@troysmith4456 4 года назад
I understand that, generally, an entry is to be taken when a new 5-minute high is made, and that the new high should occur with higher volume than seen during the pullback/consolidation period candles. However, waiting to see the volume spike oftentimes results in the proper entry being missed as the price begins to surge up. So, is the idea behind the strategy to take a stab when the Time and Sales indicates the break to a new high is about to be made, and to possibly have to stop out before trying again (if timing is off by a little), or to wait for the new high and volume and try to get the best price when the stock has already began its surge up? Thank you
@DaytradeWarrior
@DaytradeWarrior 4 года назад
Those indicators are all lagging, what's important is getting in at the right time to be able to manage risk properly and keep the loss small.
@soundmindbodydivine
@soundmindbodydivine Год назад
Had a green Friday, thanks Ross
@DaytradeWarrior
@DaytradeWarrior Год назад
Love it, keep it up!
@forexdissector9565
@forexdissector9565 3 года назад
very good explanation.
@DaytradeWarrior
@DaytradeWarrior 3 года назад
Thank you!
@spetersen3308
@spetersen3308 3 года назад
Paper trading sometimes i jump in on second pull back for some wins
@DaytradeWarrior
@DaytradeWarrior 3 года назад
👍🤓
@dyardsale5475
@dyardsale5475 2 года назад
Good video.
@DaytradeWarrior
@DaytradeWarrior 2 года назад
Thank you!
@heyblasty8614
@heyblasty8614 5 лет назад
Are you being profitable when you break even or you just gain nor lose nothing?
@DaytradeWarrior
@DaytradeWarrior 5 лет назад
If you're breakeven you gain and lose nothing.
@heyblasty8614
@heyblasty8614 5 лет назад
Warrior Trading Ok, thank you for taking the time to reply, I know you’re a busy man, appreciate your work
@lifestyles2482
@lifestyles2482 2 года назад
I wish I just had one week being able to go on the site. Just one. It would help me so much. No need to upsell me…can’t afford atm. Just wishing outloud.
@DaytradeWarrior
@DaytradeWarrior 2 года назад
If you haven't had a chance to attend yet, the best way for you to learn more about 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 Ross' 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/
@lifestyles2482
@lifestyles2482 2 года назад
@@DaytradeWarrior sweet
@stopasking9745
@stopasking9745 4 года назад
Thanks again Ross. No wonder you're the number one guy on RU-vid.
@DaytradeWarrior
@DaytradeWarrior 4 года назад
You're welcome, thanks for the support!
@TradeWithMilad
@TradeWithMilad 3 года назад
Can someone please define "the first 5 min candle to make a new high?" Does this mean a green candle that goes over the high of the flag pole of the bull flag?
@DaytradeWarrior
@DaytradeWarrior 3 года назад
Learn about candle stick patterns and more in our free intro class. Register here: www.warriortrading.com/free-day-trading-class/
@TradeWithMilad
@TradeWithMilad 3 года назад
@@DaytradeWarrior Thanks but I am a Warrior Pro member currently and still feel like there's grey area when it comes to this 5 or 1 min candle to make a new high
@animalisticores5713
@animalisticores5713 6 лет назад
Are these penny stocks
@DaytradeWarrior
@DaytradeWarrior 6 лет назад
Technically a penny stock is any stock trading below $3.00. So by that definition, yes, some are penny stocks. But I personally don't trade stocks below $1.00
@mozan47906
@mozan47906 7 лет назад
You have trade pro level2 and custom trade ideas pro. How much it cost per month.
@DaytradeWarrior
@DaytradeWarrior 7 лет назад
eSignal: 175/mo (TC2000 is $99/mo and is also good) If you have good charts with your broker, you can skip eSignal Trade-Ideas: $85/mo
@mozan47906
@mozan47906 7 лет назад
and how is your experience with Suretrader. Did you get DAS level 2 platform for 500$ account?
@mozan47906
@mozan47906 7 лет назад
Just saw your video about suretrader thanks.
@keekvideoo
@keekvideoo 7 лет назад
why all this dislikes
@damvp4
@damvp4 8 лет назад
Those moving averages are pretty pointless to me in real time
@nextleveltrading3163
@nextleveltrading3163 7 лет назад
kind of
@bullbear3345
@bullbear3345 6 лет назад
Sound funny, all inductors does not mean nothing if you do not know how to read the chart
@bpmotion
@bpmotion 7 лет назад
why so many dislikes?
@jamesrawlings6461
@jamesrawlings6461 2 года назад
Ihl to the moooooon
@DaytradeWarrior
@DaytradeWarrior 2 года назад
👍🤓
@t-Robot.trading
@t-Robot.trading Год назад
@DaytradeWarrior
@DaytradeWarrior Год назад
👍🤓
@smokeypeatesp3636
@smokeypeatesp3636 3 года назад
💡👍
@DaytradeWarrior
@DaytradeWarrior 3 года назад
Thanks for the comment!
@ccruickshank22
@ccruickshank22 3 года назад
Do you own Warrior Trading?
@DaytradeWarrior
@DaytradeWarrior 3 года назад
Yes I do!
@ccruickshank22
@ccruickshank22 3 года назад
@@DaytradeWarrior Are you running a server based system or Generic Computer?
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