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30 thoughts on “One step forward, one step back -$5k ross’s trade recap”
  1. Avataaar/Circle Created with python_avatars @frankiefigzz1 says:

    Pennies make dollars!!! This was told to me by an old timer when I had a heavy red month in 2018.. you may be in the red … BUT!! Pennies make dollars, Ross! You say a base hit isn't really worth it, but..if you took profit on 3,4 or even 5 base hits off 1 or 2 stocks , you could go from a red day to a green day quite fast. I trade the emini nasdaq 100 and the other day I was down several hundred and remembered this..pennies make dollars. Over the course of the next 2 hours of that day I took 2 to 4 point profits on every trade and ended up green ..you trade higher volume then me so, I imagine you could come back doing this as well! You've seem to have reached a point where you think a few hundred isn't worth it to you, but a handfull of those could maybe at least bring you to breakeven! Just saying buddy!! Pennies make dollars!!!! Sometimes it pays to take the base hits!

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

    Ross, thanks for being so transparent, I know it’s definitely help me be successful trader and not be so hard on myself.

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

    Ross can you set a maximum daily loss amount with your broker? I’m with lightspeed?

  4. Avataaar/Circle Created with python_avatars @randyking4935 says:

    You honest feed back on the red days is the reason I'm still trying to become profitable after two years.

  5. Avataaar/Circle Created with python_avatars @Transform108 says:

    There are things that NFL Kickers, tennis players, test takers do to achieve more mindfulness in the heat of it… they follow a visualization protocol. Have you tried something like that? Let me know if you would like me to write one for you.

  6. Avataaar/Circle Created with python_avatars @terrym5004 says:

    i think your baseball analogy might be wrong, how many ball players consistently get home runs
    You should be happy to at least hit the ball and make it to a base, only add more risk (stealing base if you can run that fast) and if you get a homer – great –
    that said, i guess thats trading lol

  7. Avataaar/Circle Created with python_avatars @rodneybaylon5902 says:

    better times are coming!!
    keep it going..

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

    APOP was wild, I feel disheartened because I have a lot of days where I haven't been trading. At the same time I'm happy to know I haven't blown up new account in new broker. I don't have many strike outs and I encourage anybody who is in the same position to be vigilant and careful.

  9. Avataaar/Circle Created with python_avatars @Dr.A.Rosenberg says:

    Just say no to FOMO !

  10. Avataaar/Circle Created with python_avatars @lukasgeissmann4934 says:

    ….is the market hot today – no. Are there other homeruns – no. Am I up today – no. ahahahahah Sorry for your loss Boss.

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

    bud, you are too good to let this get the bett er of you. I do feel that your break out strategy "possibly" had a very very good run and who knows may continue too however, those massive break outs with 200% gains are few and far between these last few months and hence is having an affect on your profits. Just like the weather things change and so you might want to tap into Mikes strategy after Christmas if things dont change back. Also, take on board – who am I to comment on a chap who absolutely has kicked ass over the past 3 years and also has other sources of revenue coming in bucket loads via your subscription base so, you are fine Ross truely whistling dixie.

  12. Avataaar/Circle Created with python_avatars @serenafennell8571 says:

    If you don’t fallow your own roles new strategy’s can’t help you.
    Finding a way to become aware of your emotional state in the moment seems like the skill that is needing to be worked on here. Meditation is helpful with that, but it’s not a short term fix.

  13. Avataaar/Circle Created with python_avatars @jacobbolton943 says:

    Thanks for another great recap. These in depth red day videos are great lessons. Can’t wait to see the bounce back!

  14. Avataaar/Circle Created with python_avatars @rgasta7765 says:

    Thumb up for Ross. I agree he should take some money out and restart small as I sense he's trying to push it a little too hard. But this is just my perception. The penny stock market 9.30-10am is very hard to beat

  15. Avataaar/Circle Created with python_avatars @eltigeredela134 says:

    I love the recap!! Thanks. This is good motivation.

  16. Avataaar/Circle Created with python_avatars @loggemloggem1998 says:

    Try to short your video

  17. Avataaar/Circle Created with python_avatars @jediknight9057 says:

    Hello Ross what platform were you using ,I know you said that you would not use e trade any longer; I am using TD Ameritrade. Thanks for sharing your experience with e-trade I will not ever use it.

  18. Avataaar/Circle Created with python_avatars @1aday2008 says:

    People think trading is easy. It's hard work. Its good to see this video because I watched you for the last week just thinking Holy cow this guy is all over the place. Emotions and money management are key. I also watched the video you posted in the description…one very important thing you mention is to scale back when the market is calm. Volume is low and its just cosolidating. Its scale back time. I am in TVIX and waiting for a return of volatility. Faded Tsla today. That 294 you mentioned was my partial fill to close…lol. Rest closed at 296. Very whippy as you said. Not an easy business.

  19. Avataaar/Circle Created with python_avatars @easy_win_1235 says:

    Breakout or bellout is Easier said then done

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

    keep your head up and keep striving this may be just another comment for your millions of comment that people give you i watch your video everyday since 2015 when start been curios about the stock market i was never able to combine my military life with been a trader so as soonest i got out i start saving to be part of the Warrior movement !!! you don't know how much you have impact my life for the better currently i am studying the Warrior Starter and within a couple month i will be upgrading to Warrior pro for the whole year ..You have made process of been a day trader so Smooth achievable that is hard to fail… looking forward to meet you in the future in one of your seminar. much love from Denton,Texas…

  21. Avataaar/Circle Created with python_avatars @zachtrades818 says:

    It’s ok Ross tomorrow is a new day. Try to end the month on a green note. You can do it.

  22. Avataaar/Circle Created with python_avatars @LouMax-qp2hj says:

    That fomo when I'm down trying to get back up is a self inflicted demon I'm trying to overcome. I wrote in my journal today "Never load up on size out of emotion." It seems to never work.. and even when it does occasionally work, it's actually a bad thing for me because it reinforces bad behavior. You'll be fine big Ross!

  23. Avataaar/Circle Created with python_avatars @Ed-wh8sx says:

    This market environment is the toughest in the past 5yrs

  24. Avataaar/Circle Created with python_avatars @MrAccent06 says:

    Fomo must be a enchanting brunette. Ross can't seem to get over with her

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

    this was me today (1 bad day) APOP was a piece of shit today

  26. Avataaar/Circle Created with python_avatars @granTurismo295 says:

    Hey Ross, can you discuss the TAZ boxes your Futures guy promotes and I noticed you use as well? They're some kind of volume profile indicator?

  27. Avataaar/Circle Created with python_avatars @koki2942 says:

    Thank You for being genuine Ross!

  28. Avataaar/Circle Created with python_avatars @maddymelnyk8461 says:

    Love your videos!! I love the advice you share with us 🙂

  29. Avataaar/Circle Created with python_avatars @fernandoantunes9941 says:

    Thank your for your videos! You buy the stock when it's breaking out and you get slammed down. Pay attention to what happens when the stock finds a base, starts to curl up and breaks out. Look how many cents it goes up. Just a thought. Successful investing.

  30. Avataaar/Circle Created with python_avatars @ptocco1 says:

    Ross, you're one of the best day traders I know of. Legendary I'd say. But why not expand your repertoire to include other setups besides low float scalps? To carry you on those days when you don't see the A1 setups. (I'd like to see you zero into swing trades for example because that's one of my goals.)

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