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31 thoughts on “A dud of a trading day -$32 ross’ trade recap”
  1. Avataaar/Circle Created with python_avatars @stockkingfatz7414 says:

    Ross I put myself in the Simulator for the last pass 4months working on my strategy …watching this video show me what a flat top breakout is….so for the last pass 2 day I been working on this strategy…now I know how to work this one…thank you so much

  2. Avataaar/Circle Created with python_avatars @lolk9729 says:

    omg i wasn't the only one i was up by 700 and then it feel out and i blow my acount on the simulator…

  3. Avataaar/Circle Created with python_avatars @Richguitar77 says:

    Aargh, snap! That flat top break out on DDE! It's like tapping 3.25 for what feels like an eternity and then the second I buy the breakout on my hotkey, I'm filled at 3.39! I really must start manually triggering buy orders as you do Ross! Such high hopes for today, but finished up green 80 bucks. Only 8 executed orders tho, which says it all really…

  4. Avataaar/Circle Created with python_avatars @t100base says:

    it was a slow day. dde had a little movement but It was too slow also. everything was so tight today

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

    What constitutes a "choppy day" or "slow market" versus a "strong market"?

  6. Avataaar/Circle Created with python_avatars @antrologo87 says:

    it's summer time, the big whales are on vacation probably at bora bora, monaco or any other exotic place, im telling you because is slow in futures market too, i trade there.

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

    How do you all set up your charts? Do you use vwap or some other perimeters??? Help…

  8. Avataaar/Circle Created with python_avatars @bitcoinbohr3706 says:

    Bitcoin goes up, market going down hmm..

  9. Avataaar/Circle Created with python_avatars @smacpost3 says:

    So, after today (-15.5c @ 1000shares), i was thinking, what's wrong with me? Was i trading tired? Preoccupied? Or am i just a terrible trader? What? But i played the $DDE move you highlighted. This tells me i was at the same place you were at the same time, which tells me i am on the right track. Couple that with your commentary on the state of this market, and now that creeping self-doubt is gone. On a chart, i like to see structure to base my trades off. You are like that structure on a more macro level, i can base my progress from the structure you create. I just want you to know Ross that you are helping me a great deal, and i really value what you do. Thank you.

  10. Avataaar/Circle Created with python_avatars @noname6871 says:

    what moving avg are you using?

  11. Avataaar/Circle Created with python_avatars @jchan59 says:

    Why was FAMI a good set up? There were resistances on the daily chart from the MAs no?

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

    hey ross, i gave you a thumbs up,, nice video… this is not a trading question but what software you use to get your cursor to draw lines like that???

  13. Avataaar/Circle Created with python_avatars @brucelee2550 says:

    you missed the CETX breakdown 🙁 what was your entry point and exit point? did you find it on your momentum scanner?

  14. Avataaar/Circle Created with python_avatars @seanhiggins704 says:

    @Ross, Thanks so much for putting these videos together all the time man. I've been doing paper trading for about 5 months, I was doing really well, moved to real money, slow start, but was doing pretty well last month. The past 2 weeks however, I seem to have hit a wall. I've lost all of my gains via a ton of small losses. i'm reviewing my records etc etc. Do you have any advice when you hit a wall of Red? I'd like to just lower position size to start, and spend more time in the simulator after market hours, but any other suggestion is GREATLY appreciated. Thank you so much for the time!

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

    YECO. The price is low and super slow volume, it also lost a lot in the last few days in price and volume. Today's volume was 43% of the last ten day volume levels. Hard to pick up a lot of shares at the current low volume. Have to accumulate across the day to get fills. Watch it for Tuesday or Wednesday premarket pop.

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

    I only made 2% today but consider it a huge win for a slow day! -32 for your size was great risk management! Back at it tomorrow

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

    Got in DDE at the break of 3.26 sold at 3.47 before half dollar. Only paper trading but I'm getting the hang of it.

  18. Avataaar/Circle Created with python_avatars @scottk3772 says:

    Ha! I only lost $3.94, Although I should have been green. 5 trades total. 2 green trades, CGC and THC. Would have easily made money if I held on longer. Something to remember in the future. Putting in stop orders and knowing exactly how much I'm risking has made trading a lot more enjoyable for me. Still trading sideways a little bit, but getting closer to making it. Happy trading!

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

    I lost 100 $. on dde

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

    damn we lost the same i must be on the right track haha

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

    when the market is slow. No matter what method you trade, its gonna go against you.

  22. Avataaar/Circle Created with python_avatars @mfdragon23 says:

    Ross question, how much do u keep in ur trading account to trade with?

  23. Avataaar/Circle Created with python_avatars @ismaildal5924 says:

    Took 6 trades all loses between 8-12c am In a red streak red 7 out off the last 10 days not sure what has happened 😭

  24. Avataaar/Circle Created with python_avatars @13anomalous16 says:

    I almost made $120 but I screwed up on a third buy by accidentally using a limit order which I have no clue how to use, didn't know how to close it so I ended up loosing $96

  25. Avataaar/Circle Created with python_avatars @thermalx3117 says:

    Today was a bit of a revelation for me. I learned that I'm actually only being charged 1.95$ per trade on Suretrader, not 4.95$. Apparently trades under 390 shares only pay that much, so for beginners it's maybe a smarter idea to use a share size within that limit – though you may need to contact them to get these commissions. It makes a huge difference on your equity curve if you're trading a lot.

    Slow day. Green on two trades and break even on the 3rd. I was there for the DDE breakout above 2.25$, I was looking at it thinking: if this thing breaks 2.25$ the odds are really high there is going be a big short squeeze. What do I do, wait it out…My reasoning was that after the serious pop and drop action, I didn't want it to reject the level and drop 10 or 20 cents on me in an instant so I waited for confirmed strength – got in on the first pullback above that level and stopped out break-even.

    All in all, I'm happy with my trading, even though I'm not up much. I was very disciplined and had a well executed strategy in a stock that was erratic and still walked away green. Not only did I profit on the first 1 min pullback @ 9h40 with a clear 5 cent stop, when it reversed I got in short, again 5 cent stop from the high and profited on the move down.

    I think I'm finally becoming a better trader. Thanks for all the information you've provided over the past 2 years Ross. It's helped a lot! 😉

  26. Avataaar/Circle Created with python_avatars @fliptastic100 says:

    Thanks Ross. I made 1 trade today for +225 on DDE. With slower market conditions I'm trying to trade less and stay disciplined (and more selective) about the setups I trade. Appreciate all your great insights.

  27. Avataaar/Circle Created with python_avatars @garyfriauf2920 says:

    Hey Ross!!! I would love to have only lost $32 today!!! TD Ameritrade sell issue!!! I bought into CTRV this morning and was going to turn around a make some quick profit out of the shoot when all the sudden I couldn't sell!!! Contacted their Live Chat and it took them 45 minutes to respond!! Their answer "We are currently having issues with sell orders" NO #%@$!!!! They had to close out my order for me!!! What a disaster!!! Money is coming out as soon as available!!! Suretrader here I come!!!!

  28. Avataaar/Circle Created with python_avatars @luisparades5661 says:

    I was in the Green….I was up 240 and took one last trade for a loss…ended the day 186 $…..

  29. Avataaar/Circle Created with python_avatars @qkrrlwjd says:

    Hey I've realized that you often trade looking at the 5 min chart, could you please explain why that is?
    I can understand for certain indicators, but looking for breakouts using a 5 min candle could lead to a slower entry / exit correct?

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

    it would be nice to see a day when there’s no trades because there’s nothing happening in this space… like today. 👍🏻

  31. Avataaar/Circle Created with python_avatars @jasonkim6565 says:

    Oh and thanks Ross for letting us know that "if Ross is having a hard time its not just us but the whole market is having hard time and we should use this time to build up discipline"

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