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34 thoughts on “The risk of being an overconfident trader”
  1. Avataaar/Circle Created with python_avatars @gormenfreeman499 says:

    I learned the hard-way that a bigger share size loss can wipe out all previous winners that were made with a smaller share size. I trade in 10 share odd lots for practice, soon as I take 100 share lots I loss half my gains made over 3 months I made using 10 share odd lots. 😂Going 10 to 100 shares is 10x amplification.

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

    57 consecutive green day? Beautiful! Sounds like you really needed the money then maybe compare to now. That's the sort of system I been working on. I'm up 10%? I'm done for the day. I only get 3 trades a week so I try to make them count and make sure they're all profitable, because I need the money.

  3. Avataaar/Circle Created with python_avatars @wordgirl8100 says:

    You're an info-ality-mercial … Intentional lessons you teach, lessons learned from the school of hard knocks along the way you share, and the licking of wounds with proper reflection. Maybe a few fail-safe strategies to think about ahead of time that "might work" … like preparing for how much we are realistically willing to lose? 💸 No Pain No Gain.

  4. Avataaar/Circle Created with python_avatars @dbarbour1982 says:

    You look for stocks gapping up and trade them but what about gapping down on heavy volume? Good money can be made there as well right?

  5. Avataaar/Circle Created with python_avatars @slapzglow9564 says:

    thanks for sharing your experiences Ross

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

    ROSS! Your over confidence has worked out extremely well for you. Don’t change! Your long term trend is UP.

  7. Avataaar/Circle Created with python_avatars @sva988 says:

    Hi Ross. If you were able would you still rather trade CFD's than stocks?

  8. Avataaar/Circle Created with python_avatars @mandolao5039 says:

    Very much appreciated Ross. Thanks for that video

  9. Avataaar/Circle Created with python_avatars @RobertA-ej4tz says:

    Great video, Ross! Overconfidence on all of my entries, followed by “what the hell was I thinking there!?” happens far too often for me also. It’s interesting how easily one finds reasons to NOT take the trade after it has become a losing trade, but you’re completely blind to it at the moment of taking it.

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

    The lion. Done.

  11. Avataaar/Circle Created with python_avatars @quickdraw84 says:

    I struggle with the same optimism. One thing I'm trying this week is using your log sheet BEFORE I take a trade. I modified it to log key indicators of a quality setup such as news catalist, above average volume, above vwap, etc. Based on the indicators it rates the quality of the setup and limits the kind of entries I can take and determines share size. Helps take the optimism out of it and lays out the risk. I could share but don't want to post a link to a modified version of your warrior pro Excel sheet. PM me if you want to try it out.

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

    Hi Ross, you don't short stocks? Only go long? Tks

  13. Avataaar/Circle Created with python_avatars @lionmido968 says:

    I would say some trade i take just emotion trade to make money this is shit mind. I just let go the past and focus and the right set up,hopefully we see some good trade.

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

    Im currently up 180k in the last 4 days of trading. Keep the videos coming.

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

    Are you still living in Vermont? Where is that farm?

  16. Avataaar/Circle Created with python_avatars @tomcowley3381 says:

    Maybe give trading stocks a short break until the Corona virus scare blows over. Take a vacation or something : )

  17. Avataaar/Circle Created with python_avatars @izzatstudy1102 says:

    The lion is smiling, always appreciate your daily live pre market… you're the best ROSS.

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

    was there an external microphone to record the audio?

  19. Avataaar/Circle Created with python_avatars @db1566 says:

    Hi, I am in my second month of warrior pro, my goal is only to make $ 200 to $500 day and stop trading for the day. I am 45, retired military and get a pretty good tax free pension so I don't need to make alot. Just want to make a little extra each month to supplement my pension. Is it easier to take small profits in the first hour or so with smaller positions and risk than to try to take large daily profits. Thanks Ross love your course.

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

    I think your experiencing an euphoric state of mind, a state of risklessness, if I were your I would stop trading for a few days or maybe go on vacation.

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

    I did warn you Ross but its all good because we will be making more money when all the shenanigans is over and the market has been corrected. Stick to your guns mate 💪

  22. Avataaar/Circle Created with python_avatars @agarlife4703 says:

    Ross how much do you make from other investments? 9k is a big loss but I believe it’s not much to you considering your other investments

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

    I agree with Ross. You need to be confident in order to be a successful trader. However Ross over the years has developed that speed, instinct to enter/exit in and out of trades that very few can replicate. You can be confident but if you aren't as fast as Ross you ll blow your account. How many traders out there are successful using his "gap and go" or "first pull back" fast strategy?

  24. Avataaar/Circle Created with python_avatars @JD-ou2ce says:

    Thanks Ross for sharing with us Ross. We believe in you

  25. Avataaar/Circle Created with python_avatars @vincentl22 says:

    Hey man! I love the videos. Can you recommend the best platform or broker to use to avoid the PDT rule that also has low or free commission? Possibly that also allows you to trade on margins?

  26. Avataaar/Circle Created with python_avatars @totorock15 says:

    Thank you broo for share I learned a lot with you

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

    Nice video Ross!

  28. Avataaar/Circle Created with python_avatars @justinjones3326 says:

    how about we look at when we should have no trade days… like how theres gold and fools gold let's see a video of identifying the two in terms of this strategy

  29. Avataaar/Circle Created with python_avatars @gregwhite3883 says:

    You no your plays..when to get in and out…how to use your strategy perfectly…and have the right mind… sometimes true humility is believing how good you are rather than thinking your wrong

  30. Avataaar/Circle Created with python_avatars @kevindavis2372 says:

    Always have confidence in your strategy, the history proves your a 🐐. You’ll get out of this slump in no time!

  31. Avataaar/Circle Created with python_avatars @akifal-mahrooqi1724 says:

    Amazing video , couldnt agree more

  32. Avataaar/Circle Created with python_avatars @letmedream7502 says:

    Cute 🦁 in the back 💺

  33. Avataaar/Circle Created with python_avatars @na3881 says:

    Hey Ross, thanks for your videos ..have learned so much from you. Not sure what other viewers think, but would love to see you trade options on stocks such as Tsla, aapl, spy…. thanks.

  34. Avataaar/Circle Created with python_avatars @jcbmusicsandiego says:

    Well said

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