What a generous channel!! I still can't get over all this FREE tutelage from a truly successful trader who we might think doesn't have time to impart his knowledge! I'm an older profitable trader who really has already "made it", but I still read and study trading all the time, and Cameron's channel has become one of my top resources! Who knows? We might even LEARN something here! [Edit: PS-- In all honesty, I don't follow many of Ross's 7 rules here. But I'm not recommending dismissing his experienced advice!]
Thanks for watching. Warrior Trading cannot provide support or services for people under the age of 18. It is important to note, if you're under the age of 18, you won't be able to legally trade. However, you could still open what's called a custodial account with the help of a parent or guardian. You can ask a parent or guardian to read more on custodial accounts here: www.warriortrading.com/5-things-to-know-about-custodial-account/
Thank you Ross, great video. I needed this reminder as a new trader on the importance of keeping good habits. As always, I get a lot of good information and tips from your videos keep doing what you do and we will keep watching
I stopped drinking coffee before trading as well i noticed i was getting to happy lol. Also i started being consistent as i was reviewing my end of the week trading and writing down what pattern was working and what wasn't. Be aware of everything around your trading day.
Hey Ross, I traded in a simulator for a while and watched probably 50 of your videos and they are very helpfull. Do you have any tips for growing a smaller account around 1,500 dollars, Ive made around 3 real money trades and have been green on all of them
Hey, Ross answers these questions and many more during his live webinars: If you haven't had a chance to attend yet, one of the best ways to learn how to get started with trading would be to join us in our next day trading class. The class 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/
I have been focusing on getting green then shutting it down. Still struggle with “strategy” . The connection between picking the obvious stock and determining which strategy to apply or which pattern it demonstrates is my weakness.
Hey Ross I've been reading day trading for dummies and came across your channel. Thank you for your insights as well as your willingness to teach people from your experiences. I drive a commercial vehicle and really want to get out of it trading for income. Not get rich but maybe have more time with family and live comfortably. How long would you expect for a new trader to skill up starting with maybe 1000 to get to the point of replacing the job and going full time trading?
Well that depended on whether or not you can live off of your trading profits and if it's sustainable well into your future. You have to keep in mind healthcare costs, retirement, etc etc.
I would say you need at least $10,000 to start day trading. Technically you need 25k because of the PDT rule. There’s brokers outside the US where the PDT rule doesn’t apply(fees apply). Ross really is an outlier he’s an amazing trader. I do the same drive commercial vehicle on the weekends and trade the market. My account has about 30k capital and I still don’t make enough to quit my job, Hopefully soon though. I would just try and save money. Learn a stragety and paper trade until your consistently profitable.
Time to become expert driver = time to consistent Profitable trader. You become a good trader like how much time it takes for you to become a expert driver.
yep the newspaper stock trading for a whole month in my history class was what got me into stocks originally and that was in junior high 2003. it took me another 20 years before I started watching your content and trading myself. still not successful but I have not blown up my account at all I just keep giving back my profit. and I keep holding things long, im working on it.
See this right here, this is why you're successful. You approach trading with extreme discipline, whereas many look at it like a get-rich-quick scheme and that's why they fail.
Good morning, Ross. I have a question about creating and finding my own strategy: how are you starting to work on this? There are so many indicators, so many data. How do you choose, which to combine? Is it just experience and/or testing? I guess, it is important to know, what kind of person you are to figure out strategies, that will work for you ... and then combine and stresstest "random" indicators? Thx a lot, your videos did help me a lot so far :)
Hi Ross! I was wondering whether you've ever discussed how to Day Trade while still holding a 9-5 job...is it doable? I live on the West Coast so it may be easier for me to do it but all in all wondering how this could work. Thank you!
Why not add an 8th habit, which is to make data-driven decisions ? By combining technical analysis with data analysis and fundamental analysis, you can significantly increase your success rate and profitability over the long term.
yeh i noticed that with a glass of wine or 3 😅. The exercise thing, I do this not walking or running though because I do 5-7miles a day working in my warehouse (that's around 15000 steps a day). What I do is push ups, squats, sit ups etc. normally 20 at a time so I don't ruin myself (I learned that the hard way 😅)
Wondering if Warrior Trading has a book and/or tracking or journaling book of sheets that traders can write on that they can keep in order for sale... hint, hint, hint!
Hey Michael our platforms offer metrics tracking as well as other helpful tools for traders! You can learn more here: www.warriortrading.com/warrior-pro-info/
We recommend checking out one of Ross's live webinars if you're thinking about learning how to day trade. If you haven't had a chance to attend yet, one of the best ways to learn how to get started with trading would be to join us in our next day trading class. The class 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/
caffeine is not a good one for this list... just based on the fact of how DIFFERENTLY it affects people... for some people they are instantly jittery, and some people feel no effect at all and just drink it for the taste... don't deprive yourself of the coffee you enjoy if you are one of the latter
Why don't you do a live broadcast, how you buy for example 100 shares (for $6.00) at the lowest level of the day and a little later you sell them for about $0.60 profit. This way all your fans and followers will see how to trade the right way and maybe learn something new. Thanks !
I hate my tablet now! I was rejected and made fun of for using it in your channel...*cries* That was really unkind and just some evil jumping on my back right out of nowhere! So much for a better state of flow... It is still amazing the way cash handlers use tablets... way above the abacus and the local haters at everything!! Why is MY tablet banned? It is clearly compatible indeed; since it worked perfectly every time when not banned for socio-economic reasons!!! Did you ban all tablets because they are very evil due to belonging to the poor or under-educated? Why not make an exception for a member who is sensitive, friendly, kind, nurturing, empathic and financially disabled!?
Hi Naomi, I want to be very clear that we did not perform any updates in our system this week. We didn’t ban your device. I saw somebody else mention his device stopped working as well. I suspect this was due to browser update or some type of tablet update that was out of our control. I’m really sorry this happened. I just want you to understand this was not intentional on our part in any way. Can you email our support team?
