Want to Learn More ❓❓ Get info on My Strategy and Courses here: https://www.warriortrading.com/trading-courses/📈
Before we continue...👀
💰Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money.
❗❗My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
❌Do not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/.
🍏 All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.
✔️If you don’t agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos.
Still with me?
Now let’s dig into some helpful information …
What’s my story? ✏️ You can read it here: https://www.warriortrading.com/ross-cameron/
And check out my broker statements here 📝 https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/
Our website is filled with free info 🔎 Start with this guide, no opt-in required: https://www.warriortrading.com/day-trading/
Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class 💻 Register here: https://www.warriortrading.com/free-day-trading-class/
Wondering what I think the All Star Day Traders out there have in common? 🏆 Read this blog I wrote https://www.warriortrading.com/all-star-traders/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
Before we continue...👀
💰Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money.
❗❗My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
❌Do not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/.
🍏 All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.
✔️If you don’t agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos.
Still with me?
Now let’s dig into some helpful information …
What’s my story? ✏️ You can read it here: https://www.warriortrading.com/ross-cameron/
And check out my broker statements here 📝 https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/
Our website is filled with free info 🔎 Start with this guide, no opt-in required: https://www.warriortrading.com/day-trading/
Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class 💻 Register here: https://www.warriortrading.com/free-day-trading-class/
Wondering what I think the All Star Day Traders out there have in common? 🏆 Read this blog I wrote https://www.warriortrading.com/all-star-traders/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
So H what am I talking about here? What happens is you're selling your winners too soon and you're holding your losers too long quite simply. But the reason that we do that and I'm guilty of this I've done it myself is because of fear when I have a winner I'm afraid of losing it and so the best way to alleviate that fear is to press the sell button and lock it up even if I'm only up. You know, 3% or 4% but I didn't even achieve the full profit potential of the trade and maybe it up going higher. But I sold too soon and worse.
Maybe I get back in higher and then lose. That's extremely frustrating and we've all probably done that once or twice. maybe maybe more.
Think or Swim platform question. I am frustrated that there is no way to cancel individual stop orders. "Cancel Sell" cancels all stop orders on the screen. Say i enter a trade at $1.00 with 100 shares (call it entry A) and a .10c stop loss and immediately enter another 100 shares (call it entry B) at $1.01 with a .10c stop loss and the stock goes up to $1.15…..I can't cancel the stop order for Entry A so I can cell that position within also canceling the stop order at Entry B. It is a major problem. I dont want to leave the 100 shares at B in the market without a stop loss just because I want to sell entery A. It's insane. How has this not been an issue? Cash accounts will not let you sell without first removing the stop. So its IMPOSSIBLE to take partial profits without leaving X amount of shares in the market without a stop loss. By the time you reset the stop loss at entry B because you had to remove it to sell A the stock could crash. I need to be able to remove 1 stop loss at a time with hot keys. Even a "Remove Previous Stop" button would work. This would make it possible to take profit and still leave a remaining percentage of shares in the trade for the projected continued move up and still have those remaining shares protected by a stop at all times. Which is EXTREMELY important.
Preach Ross
My problem is choosing good stocks when the scanner is calling multiple tickers at once, all day long. I get overwhelmed. How do you all choose one or a few tickers to trade?
This is good Ross
the trenches of trading lol
Yeah I over trade daily and cut winners too soon. This week I kept CL longs overnight Thursday and beat my fear tho!
Some people actually need to dial down their fearlessness.
You're right. I closed my chpt puts for a loss yesterday to buy chpt shares. What a flop idea that was 😮
Very true! 🎉
I feel like when I sell too soon, it goes higher. And then when i fight the urge to sell quickly, it goes back to my entry. I love trading 🥲
Facts…. this is something I am working on right now.
Preach
Well stated. Thank you.
We are all guilty of selling early and buying too late … You can also sometimes be trigger happy and click that mouse too soon. I typically buy and sell several times throughout the day which works fine on the simulator, but in real life I would certainly get flagged as a "Pattern Day Trader". Which brings up another subject you can maybe do a video about. … I know you did it with "Turning $583.15 into over $10 million", but is there a way using only US trading platforms to start out with less capital than $25k? … I know I could probably do it in the simulator with my current strategy I have been using. A derivative of what I have learned from studying you, I have consistently had daily rate gains of 3% to 5% over the last two weeks. I'm planning to continue using the simulator until at least the first of the year. – Sorry for the long post
I always sell right after i bought because it drop a few cents. I panick even though the chart are telling me this is typically a good place to buy. Most of time this stock will go up within the same candle over the course of the next few candles (1 min). So I sell for a loss in panick, and the stock will end up going up 10s of cents even dollars. Psychologically im really having a hard time with it. My only wins have come by lowering my share count. When the stock goes down a few cents with less shares it is far less intimidating and it does not cause that panick for me, allowing me to be disciplined and hold on and eventually selling for profit. I really hope I can raise the shares and still have that same discipline and confidence that I had with the lower share count.
Last time I held a winner for long enough, the gains disappeared instantly with one candle. So partial TPs are best, imho
Aaaaahhhhh 😂😂😂 Ross!
To me, what’s especially painful is taking a good sized loss only to see the trade skyrocket immediately thereafter!
So true tho