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32 thoughts on “Day 2: small account 26% on $hmny and $evok”
  1. Avataaar/Circle Created with python_avatars @DrewAk49 says:

    Just sold a vehicle so I can go throw another 600 on the 250 I put in to trade. Realised that trading 20 stocks isnt going to work after getting hid with commssions and fees

  2. Avataaar/Circle Created with python_avatars @nebulae10 says:

    Thanks Ross lots of good advice

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

    You talk a lot but what are you setups what you look for?

  4. Avataaar/Circle Created with python_avatars @ralphschraven339 says:

    Interesting scalping strategy. At first, I was a bit flabbergasted, as the slightly larger time frame strategy that looks at similar set-ups is to actually go short. And, as you can see in these stocks, going short would be profitable on the larger time frame almost every single time as well. Small jumps can be the initiating bar of a bigger play, but these 20%+ gains in just one 5-minute candle is going to retrace a large chunk almost all the time.

    So I guess, during the open green bar, it makes sense that the very short-term scalp is to set a small profit target and very tight stop loss to benefit from a positive risk reward, the incredibly strong momentum, and the fact that the trade is very short so that you have time on your side. While instead, if you wait for any sign of deceleration, you can short and set profits when it retraces a reasonable chunk of the large green bar with, again, a tight stop loss and short time span.

    I haven't put serious effort into backtesting these strategies yet, but I will certainly be putting this on my list of strategies to try out manually and algorithmically. It seems like the extremely short-term nature of this strategy also makes for a need of selecting a proper broker, proper trading platform set-up, proper hotkeys, practice with fast execution, and so on… Which is funny because I've never traded like that, and it seems like an entirely new dimension to the same "game".

    It also seems like this strategy naturally makes Level 2 information very crucial, for example to spot future road blocks from short sellers or buyers asking to liquidate their position. So, in this case, practice does make perfect, even more so than with your usual trading strategy.

    Good luck and happy trading to anyone who reads this incoherent mess of a comment!

  5. Avataaar/Circle Created with python_avatars @paulkennedy4305 says:

    Learning a lot about starting small and this video gives me valuable insights and information for starting small — compared to the high win videos you have had recently – this Small Account video teaches me in a "grounding way". Thank you. Paul Kennedy

  6. Avataaar/Circle Created with python_avatars @etudelap1 says:

    When u say that u sell on the bid, are you talking about a limit order, or a market order?

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

    Honestly, $200 in a few minutes. What was I doing all my life?

  8. Avataaar/Circle Created with python_avatars @hikerinpam33 says:

    Can you show your live trading to prove that you actually know how to trade?
    Do you call your premarket list before the open?
    Do you have a live room to join so we can bounce ideas before the trades?

  9. Avataaar/Circle Created with python_avatars @recondelta2786 says:

    How much do I need to start a small account?

  10. Avataaar/Circle Created with python_avatars @sandyrivera1827 says:

    Looking for a trading course do you offer classes? How does your class differ from
    the tons out there?

  11. Avataaar/Circle Created with python_avatars @W0RDbytes says:

    Do you still recommend Sure Trader for small accounts to avoid the PDT rule? It is killing me trying to grow my account with only 3 day trades! Just curious about your experience with the platform and if you think it is worth the value?

  12. Avataaar/Circle Created with python_avatars @viralvicc9431 says:

    What trade ideas tool or subscription do you use

  13. Avataaar/Circle Created with python_avatars @TonyRodriguez-pg4md says:

    Hello, what brokerage do you use

  14. Avataaar/Circle Created with python_avatars @08dgoller says:

    Crazy risky. glad it worked out.

  15. Avataaar/Circle Created with python_avatars @johnwzimmer405 says:

    so checking out suretrader – one review says it follow FATCA compliance – so one would have to report and comply with under 4 intra-day trades a week. Is this true?

  16. Avataaar/Circle Created with python_avatars @rm8517 says:

    Did your students make that or you are the only one whon made that much of money for that year?

  17. Avataaar/Circle Created with python_avatars @aarondryden4150 says:

    @Warrior Trading, can you please explain the sell up .10c hotkey. Im trying to program the hot key to do so. are you putting the order on the ask using a limit order or a trigger order?

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

    Am I correct in my belief that CTRL+P is a hotkey that adds 10c to the current price and when that target is hit that the software then sells the shares at that price without any more user interaction? I realise this is probably a dumb sounding question but ……

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

    Why Should you not use trade zero they offer commission free?

  20. Avataaar/Circle Created with python_avatars @youcanthandlethetruth6976 says:

    Oh so you just use brokerages outside of the U.S. to get around the PDT rule, nice.

  21. Avataaar/Circle Created with python_avatars @kurtfrancis4920 says:

    Why did you use SureTrader over TradeZero?

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

    i have a question about the leverage, it was six to one right? i'm wondering what you owe back to suretrader, is it just the the leverage from the first deposit of $500. Or is it, say you build up the account to $2000 equity, the buying power would be $12000, do you then owe suretrader $10000?

  23. Avataaar/Circle Created with python_avatars @Marc-xk1rb says:

    I believe at the time sure trader charged less, but now that they are charging .01 cents a share is scalping still do able at this size

  24. Avataaar/Circle Created with python_avatars @samj7513 says:

    I am finally starting to understand; little by little everyday because of your daily videos warrior trader

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

    What is a pdt rule?

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

    What script would I use to set up the "profit target"? It's not on your hotkey spreadsheet and i'm new to the scripting side of things

  27. Avataaar/Circle Created with python_avatars @papity77 says:

    This video is exactly what I need

  28. Avataaar/Circle Created with python_avatars @mrmeseeks5731 says:

    would you still recommend using sure trader for a small account today?

  29. Avataaar/Circle Created with python_avatars @AlexK-br2gv says:

    what is BP – Buying Power? how does BP affect your trades? it looks like you have $708 and BP of 5133… sorry im new to stock trading

  30. Avataaar/Circle Created with python_avatars @georgecateriv3304 says:

    How do you get around the pattern day trader (PDT) rule?

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

    what software is that? what site are you in to the moves that happen so fast? im not in the position to do it now. just asking to get myself in the position to try it out. can you recommend any good sites to trade on? or any good platform. . . i was reading about fidelity… but i plan to start with around 500.. to 700 at most.. let me know

  32. Avataaar/Circle Created with python_avatars @DondrellTv says:

    So say I have a cash account funded with $3000 and rotate it to get around the t3 rule it is possibly make a living from that as long as i'm profitable?

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