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31 thoughts on “Day 61 of the $583 challenge -$5k getting too aggressive”
  1. Avataaar/Circle Created with python_avatars @joey86bu1 says:

    ty for labeling these the way that you do, i find learning from mistakes more helpful. Great vids keep up the good work.

  2. Avataaar/Circle Created with python_avatars @chengchengluo2224 says:

    Anyone know how much tax you pay from stock earnings? I am in New York

  3. Avataaar/Circle Created with python_avatars @spicyj3759 says:

    Is there no spread for entry orders for penny stocks ?

  4. Avataaar/Circle Created with python_avatars @brianreckart5992 says:

    Best part is…..Monday is a new day, new month and new quarter.

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

    Thank you for sharing your experience.
    You do the right things for the people. Good luck, you are the best trader mentor!

  6. Avataaar/Circle Created with python_avatars @rv3089 says:

    When I read the headline i thought you lost over 100k and ended up with 5k lol.

    Well, it is what it is. New month, put it behind you.
    the average person makes no more than 3k a month, you made 29k, that's like 10 times the average person!

  7. Avataaar/Circle Created with python_avatars @MazdaMike96 says:

    Blow it off and go skiing in the fresh pow up there in the NE this weekend. lol

  8. Avataaar/Circle Created with python_avatars @lt_trades2829 says:

    Ross or anyone else. if you could help me with my question please. There it is: am I under PDT rule. so to make most from swing trading. I would like to take more than one overnight hold. made up from shorts and longs. so if I do that for example with 3 stocks and than close my position next day would it count as a day trades or no? and if it would be counted as 3 trades for each day already. Thanks

  9. Avataaar/Circle Created with python_avatars @betruetoyou2958 says:

    The one that is 74.99 a month

  10. Avataaar/Circle Created with python_avatars @betruetoyou2958 says:

    Are you live in the chat room everyday with your PRO monthly subscription ?

  11. Avataaar/Circle Created with python_avatars @rayherman9713 says:

    Appreciate your honesty! I lost on an impulsive trade on AKTX as well and broke all my rules. It's amazing as traders how the impulse can so easily overtake us sometimes. Scary.

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

    I am seeing your emotions, like mine, getting in the way. Sometimes the brain gets confused and excited, and does things in a way you didn't expect.
    This is a big problem for me, but overcoming.

  13. Avataaar/Circle Created with python_avatars @coughforme21 says:

    After $AKTX dipped to the 8's it went up from there and was trade-worthy for longs. I stayed away from that one, made a bit of cash on $CBIO in the first 10 minutes but stayed out of it's big run later in the morning. Don't know why I didn't jump in. I was there watching it unfold.

  14. Avataaar/Circle Created with python_avatars @mattbob1995 says:

    man there wasn't any momo today i didn't even trade and i feel good about it. better to stay flat then to throw your money at something you don't feel good about

  15. Avataaar/Circle Created with python_avatars @nilstrader9284 says:

    Thank you for this insight!

  16. Avataaar/Circle Created with python_avatars @gudsitazen3578 says:

    Thanks for being honest and real

  17. Avataaar/Circle Created with python_avatars @morphfitness2355 says:

    Its unfortunate that happened, but I am glad I can learn from you. You always get back from these type of days.

  18. Avataaar/Circle Created with python_avatars @stevenwilliams6001 says:

    I really appreciate your honesty in your trades. Traders are forever learning

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

    Rossssssss why dont you listen to the very lessons you teach your students haha. Whole and half dollar marks are key. I saw AKTX and had a stop order ready to buy at 10.01 because I wanted that break of the whole dollar 10 but there's so many long term investor bagholders that I knew 10 was huge selling. On HTGM i was looking for an entry exactly at 8.14 like you did, but i stepped away from the computer for a minute and missed it. What made you trade AUXO other than the pattern? I didn't even see it on my scanner because the volume was much too low. Maybe that saved me.

    It's nice to see that I'm taking very similar trades to my mentor. Glad that I'm on the right track, especially HTGM knowing I was looking at the exact same entry as you. Once this market cold streak is over we'll both be back to making money.

    Cheers Ross

  20. Avataaar/Circle Created with python_avatars @zohaibsaqib651 says:

    How much tax do you pay for your profits

  21. Avataaar/Circle Created with python_avatars @hardknocks.school says:

    Thank you, I can hear the emotion that you dealt with and the honesty comes thru. My perspective is to see how you deal as a seasoned pro with the personal disappointment of making a dumb mistake… been there. This video helps more then Lamborghini's and Mansion pics… Have a good weekend.

  22. Avataaar/Circle Created with python_avatars @rogercobbs4297 says:

    You have  great things you offer people and you are a good trader even the best in any sector has bad days,

  23. Avataaar/Circle Created with python_avatars @michaelmazepa3802 says:

    Aktx had the same pattern around 2 pm, such an easy trade, bearish HOD rejection then a lower high and it drops right away. I never trade the first hour though cause its too volatile for me. Youll be back strong Ross, thanks for everything you do!

  24. Avataaar/Circle Created with python_avatars @fillionaire6323 says:

    Ross is the BOSS!!! "i ONLY made $29,000 this month"… uh dude that puts you in the top 1% of everyone on the earth!!! super proud to be learning from your videos and your forum. Thank you for sharing your skills.

  25. Avataaar/Circle Created with python_avatars @danielhoffman7697 says:

    Ross, thanks for your honesty. You do a great job explaining both the plus side and the down side. I was fortunate today. I was at work (not ready to full time day trade quite yet) and got on the HTGM spike shortly after market open. I wanted to raise my stop loss a second time but then the stock started coming down so I made around $500 but could have easily made $1000 had I had the ability to make trades faster than I did (from my phone with my Fidelity account). If you could explain the hot keys and how they work that would be very helpful for me. Thanks again, Dan H.

  26. Avataaar/Circle Created with python_avatars @gregoryanderson562 says:

    Again, Ross, I appreciate you sharing these frustrating moments. It helps me be critical of my own trades by being more honest with myself about why my own trades don't work out. I think such honesty is the first step toward recognizing bad habits so that you can mitigate their risk objectively.

  27. Avataaar/Circle Created with python_avatars @rorygreaves6329 says:

    Chin up! Hopefully you'll bounce back next week. Still really impressive!

  28. Avataaar/Circle Created with python_avatars @jetthe860 says:

    Well shit, we made the same move.

  29. Avataaar/Circle Created with python_avatars @Mahi-wt6zg says:

    You are doing good Ross. Next time. I have blown up my accounts several times because of silly mistakes like this. Last month, I had 63 dollars in my account, I made it upto $2900 in two weeks and then lost everything in a week.

  30. Avataaar/Circle Created with python_avatars @sl5946 says:

    That sucks but you'll make it all back on Monday

  31. Avataaar/Circle Created with python_avatars @fenkjones1172 says:

    I did not trade at all. I was tempted to buy the Mexican Peso, because of Trump impeachment talk, but that was it.

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