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25 thoughts on “2nd tough trading day -$2.9k ross’ trade recap”
  1. Avataaar/Circle Created with python_avatars @flashback2103 says:

    from where did you buy your traveling station ross! those two added monitors !

  2. Avataaar/Circle Created with python_avatars @inkedguy201 says:

    It's great you can share these experiences. Everyone knows you are an amazing trader, but as you know sometimes the market isn't letting runners run. You have a strong sense of humility and humbleness I believe, and you don't just show us your winning days. Seeing the losing days show us all that bad trades are real. No one is perfect and this business is NOT easy at all. Thanks again! Much love from San Diego.

  3. Avataaar/Circle Created with python_avatars @jamestaylor2682 says:

    Hey Ross…We conversed when you had that weird "size" issue with your platform. Sorry about the red day… I am frustrated for you. I wanted to share two things with you.

    First, you and I are trading the same basic strategy, but with different tactics. While you are the better trader by far, I noticed you are not taking into consideration the over-all trend of the market. At least, I didn't hear you say anything about it. While you and I were both trading $ADIL, the market was trading in a range between $280 – $260. And when you were getting those nasty turns, the market was in the BOTTOM of that range with weak price action. It has been this way for two months. It was one of the reasons I did not trade heavy today. I could be wrong, but I think each day you had those "small" green days, then over-all market was trending weakly. This could be a good data point for you.

    Second, and I could be completely off about this because trading is so subjective, instead of entering at the "point" of the breakout, have you thought about a small entry at/or near the "support" of the pull-back? It could help reduce your risk, minimize your stop distances, give you granter gains when the trade works in your favor, PLUS you still have the entry at the actual "BREAKOUT". This could turn a "small" gain into an "average" gain. On the other hand, if the break does not happen, you get stopped out with a reduced position, on reduced risk…meaning – a smaller loss. But like I said, this is really subjective, and I believe you COULD trade with bigger size than what you current are…so, you are the ultimate judge.

    I am sharing these two things with you because I don't want to see you have red days. It hurts my feelings when the good guys take a loss. Also, I recognize, I am just a voice on the internet, so what do I know? But, if I am wrong or missing something fundamental in the way I am thinking about this, feel free to correct me. I am not claiming any authority over anything, just sharing a couple of ideas to help out one of the good guys.

  4. Avataaar/Circle Created with python_avatars @joeldoxtator9804 says:

    Only people making money right now are the mirco traders that trade huge volume on 10 cent swings. 500 shares or more.

  5. Avataaar/Circle Created with python_avatars @emilmaingat2840 says:

    Hi Ross, you can make it back tomorrow. I'm curious about your EMA, in Esignal setting there is Price Source, curious which of it you are using. thank you for your answer.All the best.

  6. Avataaar/Circle Created with python_avatars @ruststar says:

    And tomorrow you’ll make $4.3K, no big deal
    Cheers

  7. Avataaar/Circle Created with python_avatars Hola! @MrXxKeithxX says:

    LEVB Earning is good , merger and farm bill tomorrow is gonna be good

  8. Avataaar/Circle Created with python_avatars @mohammadkarim2030 says:

    Market is very choppy. In red as well.

  9. Avataaar/Circle Created with python_avatars @houstoncranford5983 says:

    Bummer Ross, I traded $QD for a small win, then got back in with a small position for a swing,

  10. Avataaar/Circle Created with python_avatars @vizionary_trading6050 says:

    So after being red for two months in a row, trading through SureTrader Pro, I've studied so much through Tradervue & your videos that this week is finally paying off! This week is my first time ever being Green for 4 days in a row! I know it's not many green days but I'm finally seeing what's working for me. Just letting the pattern come to me and once I do see it forming I confirm it with Level 2. I have to say, THANK GOD! for those losses, because without it I wouldn't be able to see what I'm not good at and what I'm good at.

    Thank You Ross. This journey is amazing, love every second of it.

  11. Avataaar/Circle Created with python_avatars @an4yell says:

    Sorry to hear this Ross. But I made 800 in ADIL. I didn’t buy till 9.35 AM. Looking at MACD and RSI going down but the moment it started up I got it and sold it at 3.10.

  12. Avataaar/Circle Created with python_avatars @mohitjassal58 says:

    Does anyone know if CMEG restricts Margin(4:1) on most active stocks like Sure Trader(6:1) does on a regular basis ?

  13. Avataaar/Circle Created with python_avatars @rebeccajray871 says:

    I lost about 30 but haven’t sold yet so just waiting for it to go up. Or down more… 😬

  14. Avataaar/Circle Created with python_avatars @ganeskmr says:

    Red day is the learning day where we learn something new and good. i am always welcome Red day.

  15. Avataaar/Circle Created with python_avatars @jricherts99 says:

    "Kind of a bummer" lol Ross your awsome

  16. Avataaar/Circle Created with python_avatars @bruryan says:

    Ross, in your traveling setup what do you use to hold the asus monitors? It doesn’t look like you’re using the included cover/stand.

  17. Avataaar/Circle Created with python_avatars @vettrader2812 says:

    rock on bro

  18. Avataaar/Circle Created with python_avatars @ermagerd101 says:

    Thanks for the update & recap Ross! I'd really like to see you hit a green Friday tomorrow.

  19. Avataaar/Circle Created with python_avatars @youtubemusic1662 says:

    Do you think for CHEK it could have been a mental barrier stoping it from going past $4?

  20. Avataaar/Circle Created with python_avatars @THEFAITHFULFISH says:

    ADIL was a complete turd today so much manipulation

  21. Avataaar/Circle Created with python_avatars @niecha6332 says:

    How do you enter and exit so fast??

  22. Avataaar/Circle Created with python_avatars @joelt5220 says:

    1. Ross- why were you more aggressive on CHEK after the first two red trades?

    2. Seems like the bigger moves the last two days were in the afternoon on UXIN and ADIL.

  23. Avataaar/Circle Created with python_avatars @jparnos says:

    Sorry for your loss, ross, boss, 🙂

  24. Avataaar/Circle Created with python_avatars @bocman69 says:

    Hey Ross, whats gonna be market like during recession or even significant correction?

  25. Avataaar/Circle Created with python_avatars @thoradkrupinski8768 says:

    Hey Ross, do think if there is a full blown recession that it will effect small caps as in day traders? You were trading back in 2008.

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