How to Start Day Trading as a Business (Step-by-Step Guide)

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  • Опубликовано: 16 янв 2025

Комментарии • 440

  • @DaytradeWarrior
    @DaytradeWarrior  5 месяцев назад +24

    Download my Trading Plan PDF here! 🍏warrior.app/startbiz-plan-pdf
    We now offer a 2 Week Trial for $19. Give it a try and see for yourself what it's like! 🍏 www.warriortrading.com/pro-preview-trial/

    • @brianduong6070
      @brianduong6070 5 месяцев назад +1

      Well done video. Thanks for sharing

    • @IRANownsGEORGEBUSH
      @IRANownsGEORGEBUSH 5 месяцев назад +1

      Thank you Ross. Was an amazing episode. Appreciate it tremendously ❤

    • @philipkhuong215
      @philipkhuong215 5 месяцев назад +2

      Excuse me - quick question. What is the best broker you used for day trading?

    • @phibanachi6698
      @phibanachi6698 5 месяцев назад +1

      Great video, what about starting a trust first and putting the S-corp under the trust.

    • @MARZ300
      @MARZ300 5 месяцев назад

      😮

  • @diannad8905
    @diannad8905 5 месяцев назад +402

    Wow, wow, wow! Back in the day, we paid big bucks to go to a seminar for this information. Today, I am sitting in my living room, listening to an awesome trader share a phenomenal amount of valuable information. Thank you for sharing, Ross. I greatly appreciate your knowledge, but more importantly your willingness to share it with us.

    • @inspirationstation7208
      @inspirationstation7208 5 месяцев назад +5

      I am in full agreement with your sentiment. Ross offers up his knowledge with enthusiasm, selflessness, and grace.

    • @DavidMcGee-uj3br
      @DavidMcGee-uj3br 5 месяцев назад +8

      I usually go with registered representatives. Faith Reece has the best performance history (in my opinion) and does offer 1v1 consultation to her capitalists which I think is amazing.

    • @GraceWarner-ro2zc
      @GraceWarner-ro2zc 5 месяцев назад +7

      Talking to an expert like Faith Reece to reshape your portfolio is a very smart move.....

    • @WoodsWalter-ug9ng
      @WoodsWalter-ug9ng 5 месяцев назад +7

      I think I'm blessed if not I wouldn't have met someone who is as spectacular as expert Faith Reece

    • @Sarajacob-ox7ce
      @Sarajacob-ox7ce 5 месяцев назад +5

      So you guys know her too?...
      Wow she made my husband and I have our own house and car.
      She is good! 👌....

  • @kenwestgaard
    @kenwestgaard 5 месяцев назад +129

    Up another $145 today, so my account is at $615 total! 😁 Thank you Ross!

  • @justinoliver9400
    @justinoliver9400 5 месяцев назад +29

    Ross I really never enjoyed watching someone so much on youtube. KEep it up!!!

  • @UCWDiaz
    @UCWDiaz 5 месяцев назад +13

    This is not a business plan ross. Its a life plan. thank you for this!

  • @williamdickson9449
    @williamdickson9449 5 месяцев назад +34

    Ross, I must say that you are not only a great trader. But you are a gifted teacher! Thank you for what you do.

  • @subby4122
    @subby4122 5 месяцев назад +4

    "I hope this episode here inspires you" felt so genuine, gave me goose bumps Ross. You're a good man.

  • @Sketches8
    @Sketches8 5 месяцев назад +4

    Bro, this is the best FKIN video I’ve ever watched. Ross basically gives you the PATH to get wealthy, like realistic steps, concrete fkin examples. Holy crap this is the most golden video i have ever seen.

  • @DavidNokken
    @DavidNokken 5 месяцев назад +20

    Thank you for the daily lessons. Up $3400 on $6500 dollar account in the last 3 days.

    • @sammer2732
      @sammer2732 5 месяцев назад

      How did you make it

  • @soilbellefarm3210
    @soilbellefarm3210 5 дней назад

    Thank you!! love your content! Started watching last week and haven't stopped yet! Just signed up for the 14 day trial. Excited to learn more!

  • @benjammin1128
    @benjammin1128 5 месяцев назад +14

    I think what amazes me the most is how you can trade 10,12,14 names. Im lucky to consolidate 2,3 or 4 stocks to focus on, and be able to actively trade them. The hottest momentum is generally at the open, which is frantic, so i generally just try and manage that one name through the tumult of open. The premarket action is where i have seen you do more. in the old days, "$583.00 Challenge" you were not a fan of premarket trading. I thought i heard you say in one video that when trading in premarket "I keep my stops tight" ... but in premarket you cant use stop losses. Maybe you are referring to hot key exits. I appreciate all you have shared over the years. $42K on a day where the overall market was blood red. Wow! just wow! Impressive.

  • @iamshaker
    @iamshaker 5 месяцев назад +6

    It’s as if this video was made for me 😂 idk how you do it man… really needed this. Only 2:30 in and I already feel a little better about being down 5% today

    • @stephenamway4112
      @stephenamway4112 5 месяцев назад +3

      @iamshaker
      That's how much I lost today as well. Don't feel bad man. You got this!!!!!

    • @iamshaker
      @iamshaker 5 месяцев назад

      @@stephenamway4112 thank you! you too man. hope today was better

  • @richardlee1226
    @richardlee1226 5 месяцев назад +1

    My favorite episode so far, professor!!! I'm definitely at that place where I am ready to move from sim to real trading and the second half of this episode was EXACTLY what I needed to make sure I move ahead the right way. Again, thank you so much for sharing your experience and wisdom, in-depth details, step by step, and fleshed out like a real sensei!!

  • @throw1-w2t
    @throw1-w2t 5 месяцев назад +3

    There is no question that you are a talented trader and teacher, but applying what you’ve taught is a different story. You manage your share size perfectly in the chaos and get out on time, which, in my opinion, are the two most important skills. These require a lot of practice and experience. I would do anything for a fully functional replay feature with Level 2 and tick-based data on these platforms so I could practice more, but all of them are only partially implemented and don’t feel like real-time.

  • @RichardPalmer-np4hb
    @RichardPalmer-np4hb 4 месяца назад +1

    I started my account on 12/14/2023 with $48.00 and have grown it to $1,965.88 as of 8/23/2024. Thank you, Ross, for your contribution to my learning. My goal is to continue building my account with the objective of starting my S-Corp January 2025. I've been trading on a cash account and will continue with this type of account until I have the $30,000.00 with which to contribute to the S-Corp. Used the 2 week trial with positive results. One day soon, I will be back to Warrior Trading for membership. Just have to make the money to afford the use of your software again.

  • @dbestwolf
    @dbestwolf 5 месяцев назад +1

    I really appreciate you taking the time to explain how trading can turn into a business venture. It never dawned on me to even turn it into a business instead of treating it like a side gig.

  • @Boboev_Sami
    @Boboev_Sami 5 месяцев назад +1

    This is the best video about trading for beginners that I have seen so far. Thank you!

  • @ieclifton
    @ieclifton 5 месяцев назад +2

    Thanks for sharing Ross. Really great episode!

  • @ChrisMentillo
    @ChrisMentillo 5 месяцев назад

    Thanks!

  • @alexethridge4447
    @alexethridge4447 5 месяцев назад +3

    Great job Ross! We're all happy for you.

  • @akazmi88
    @akazmi88 5 месяцев назад

    Ross you are amazing human being. So transparent love your simplicity and kindness.

  • @sarkispoyrazian4245
    @sarkispoyrazian4245 5 месяцев назад +1

    This episode got my head spinning, but wow, exceptional information!

  • @Schmiglies
    @Schmiglies 5 месяцев назад +2

    Still currently on Sim trading. Started with $5000 in my account about a month ago. I am now sitting just shy of a 100% gain. Sitting around $9.5k all thanks to the videos you post. This one will be going in the back pocket for when i need to set things up for the real deal. Going to continue to monitor my progress and stay smart and consistent. Hope to be trading real money real soon.

  • @DANNYzFiLMS
    @DANNYzFiLMS 5 месяцев назад +2

    Yooo another W thanks for the vids always look forward to them, ur strategies work

    • @DANNYzFiLMS
      @DANNYzFiLMS 5 месяцев назад

      First 0-$49000 on capital gains 0% tax in texas

  • @wiseupall
    @wiseupall 5 месяцев назад +1

    Thank you Ross for your knowledge you are much appreciated my friend!

  • @tana2time
    @tana2time 5 месяцев назад +3

    Thanks Ross I attend your class everyday im really learning a lot thank you so much !

    • @jordanalfaro9877
      @jordanalfaro9877 Месяц назад

      My mom’s name was Tana 😢May she rest in peace!

  • @janelee304
    @janelee304 5 месяцев назад +2

    Ross, you are a very sincere wanting to help people. I am learning a lot and appreciate you very much. God bless you ~~

  • @danielluther4557
    @danielluther4557 29 дней назад

    Kinda want to follow these steps and training just to be able to pay you what the immense value your videos offer… incredible channel and content.

  • @amdo5873
    @amdo5873 5 месяцев назад

    Watching from Europe, here. This got to be the most credible channel I’ve come across yet. With your way of teaching (so genuine and not overly promotional) you got me looking at day trading more seriously- thank you for that. Your examples in this video may not be 100% applicable to me but it got me looking for similar solutions in my country - so still very valuable.

  • @Victor.1973
    @Victor.1973 29 дней назад

    Thank you for all the information you shared on your channel. I really appreciate it

  • @419-m9u
    @419-m9u 5 месяцев назад +1

    Excellent, excellent excellent excellent excellent video. Thank you once again Ross.

  • @nathanalemu1137
    @nathanalemu1137 5 месяцев назад

    This is crazy to get this info for you!! Genuinely such an eye opener!!!

  • @bibbidi_bobbidi_bacons
    @bibbidi_bobbidi_bacons 5 месяцев назад +3

    Thank you for the fantastic information Ross!

  • @nataluworld5660
    @nataluworld5660 5 месяцев назад

    Thank you so much for all of the content you post. it is very helpful and you have a great vibe!

  • @AmericanBuiltExotics
    @AmericanBuiltExotics 20 дней назад

    Valuble information! Thanks for sharing, Ross!

  • @SergioBuilds
    @SergioBuilds 5 месяцев назад +3

    Literally read my mind, thanks Ross!

  • @garyklyce713
    @garyklyce713 5 месяцев назад

    This really helped me a lot and I will be joining warrior trading pro soon. Looking forward to learning more from you and the other instructors. Thanks

  • @infinitelyllc
    @infinitelyllc 5 месяцев назад +1

    Thank you for the Warrior Pro live trading these last two mornings, it changed my mind about the market! I watched as hard as I could, and unlike before the classes,...it all makes perfect sense!🎉

  • @ICPolyman
    @ICPolyman 5 месяцев назад

    Ross the timing of you sharing your information in this episode could not be any better .... I just spoke yesterday with my CPA about some of the very things you mention in this episode.
    Thank you Ross !!!

  • @stevebennett625
    @stevebennett625 6 дней назад

    Awesome video! Thanks Ross!

  • @CoasterEnthusiast508
    @CoasterEnthusiast508 5 месяцев назад +16

    i could only afford 60 shares of NUZE today due to what I call my micro account lol and pulled 6.82 dollars in profit I set myself to a goal I heard you say in one of your past videos of focusing on pulling out .10 to .20 cents a day in profit and that's what i'm doing along with limiting myself right now to one trade a day

  • @amirhamzehzadeh6218
    @amirhamzehzadeh6218 5 месяцев назад

    thank you so much man. you are a true Legend and a good human being.

  • @jsvalina3503
    @jsvalina3503 5 месяцев назад

    Man you are killing it lately, with trading and content!! Thanks man.

  • @GavinGUO-s8h
    @GavinGUO-s8h 5 месяцев назад

    Dear Ross, really appreciate your sharing, thanks so much. watch every episode now.

  • @AdamCook-jg4zo
    @AdamCook-jg4zo 5 месяцев назад

    Inspiration video! Been trading for 18 months with mixed success. Just keep showing up! Thanks Ross

  • @TraderChick
    @TraderChick 5 месяцев назад

    Love the videos about the taxes. No one else does this. Thanks! Congratulations on the big gains!

  • @litstar1
    @litstar1 5 месяцев назад +21

    Damn that’s almost 90k in 2 days. Insanity🔥🔥🔥

  • @Talieization
    @Talieization 5 месяцев назад

    Thank you so much Ross! You are sincere, honest and genuine! God bless you and your family!

  • @roymorano5171
    @roymorano5171 28 дней назад

    Ross, I've been watching you for a while. You're overwhelming me but that's fine. If I can do one tenth of all you're talking about I'd be thrilled. Hope I can learn all this becoming a Pro Member...and thanks.

  • @LucBlanc
    @LucBlanc 5 месяцев назад +6

    If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

    • @JulietBriggs
      @JulietBriggs 5 месяцев назад +2

      I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?

    • @josephinewatson1870
      @josephinewatson1870 5 месяцев назад

      This is a very good observation. I was just watching a video that was a critique of Ross and I don't think the person who created it realized how his main points made in the video were completely contradictory and thus nonsensical. It was relating to this same point of emotional control. So far I have found Ross' content to be only purely informative and honest.

  • @TrueSTRY
    @TrueSTRY 2 месяца назад

    Phenomenal episode.

  • @marklinton4567
    @marklinton4567 5 месяцев назад +7

    The need for discipline can't be overstated. The three most recent red days I've had, every single one of them my higher brain was saying don't trade this it isn't a good trade but my lizard brain said buy.

  • @farhangcharkhandaz2062
    @farhangcharkhandaz2062 5 месяцев назад

    You are an amazing teacher bro.

  • @WorldofElsuon
    @WorldofElsuon 5 месяцев назад

    Consider me inspired! Thank you for the excellent strategy!

    • @WorldofElsuon
      @WorldofElsuon 5 месяцев назад

      Using your strategy, I positioned myself across 15 trades, 11 of which yielded the predicted profits in less than 90 minutes. That's a 73% success rate. Since I own the underlying stocks of the remaining 4 positions, they will be converted to covered calls.

  • @Sharkdog11b
    @Sharkdog11b 5 месяцев назад

    You are seriously so amazing thank you so much for your selfless service.

  • @markaoe4
    @markaoe4 5 месяцев назад

    This was a GREAT class. I a. An avid follower and between yesterday MACD and this they are must watch and learn many times over. Tha k you for all you do.

  • @sttodd37
    @sttodd37 5 месяцев назад

    Fantastic episode. Packed full of great advice and information. Thanks!

  • @chrisbelair1382
    @chrisbelair1382 Месяц назад

    Great video Ross! I am going to show this to my 18 year old son who is a sr in high school.

  • @jaypro8675
    @jaypro8675 5 месяцев назад

    I appreciate this type of content and enjoy watching your videos, cheers!

  • @davidfox9822
    @davidfox9822 5 месяцев назад

    Love all your fun sweaters Ross. This pasta one is top tier!

  • @3tradeweek
    @3tradeweek 5 месяцев назад +2

    Up $239 today on NUZE! Thanks Ross!

  • @JosephSAi2HT
    @JosephSAi2HT 5 месяцев назад

    So my weekend tasks are set..prep for phase 1! Strict follow here!!! Let’s see where my discipline us at come Sunday night!!! 🙏 prayers! I love how this vid is laid out..coupling with my risk aversion (albeit its on scale with consideration to the en/ex strategy), i think i have a good outlook on how phase 1 will come to fruition, just need to ensure keeping eye on A+++ setup!!!

  • @ThisIsGonnaBFine
    @ThisIsGonnaBFine 5 месяцев назад

    What an AWESOME EPISODE! Thank You Sir!

  • @RohnisGames
    @RohnisGames 5 месяцев назад

    Incredible and very valuable information! Thank You Ross.💘

  • @JDemry
    @JDemry Месяц назад

    I met a guy at the Las Vegas Airport he let me charge my opine while I smoked. He advised me to check out your channel. I'm happy I did and thank you man for the advice

  • @OSAJAYI
    @OSAJAYI 5 месяцев назад

    Thank You So Much. This is even more than just trading.

  • @agentkrautsalat
    @agentkrautsalat 5 месяцев назад

    Way to go Ross! Thanks for the tips and motivation!

  • @tylercaswell5117
    @tylercaswell5117 5 месяцев назад

    Thank you for all of your knowledge and information :)

  • @JaySingh-tb6ij
    @JaySingh-tb6ij 5 месяцев назад

    Thanks for providing us such valuable lessons

  • @yunghuztler1000
    @yunghuztler1000 5 месяцев назад +2

    Never day traded and you got me feeling confident w this stuff lol. Ima start my goal with 50$ max daily profit for the practice and slowly increase my daily profit if everything goes well with the 2:1 ratio!

  • @elvissboh
    @elvissboh 5 месяцев назад

    So much info in one video woooow. Thank you so much ross. You the best

  • @singleyrust
    @singleyrust 5 месяцев назад +14

    this is trippy i just got done watching your video on taxes from years ago and then i go to home screen and this pops up

    • @kokochinail4144
      @kokochinail4144 5 месяцев назад

      Because the last video put him in your logarithm so u will start seeing even more videos soon 😊

    • @singleyrust
      @singleyrust 5 месяцев назад

      @@kokochinail4144 i alr watch him everyday haha

  • @sambostwickjr8064
    @sambostwickjr8064 5 месяцев назад

    thank u so much ross this is a big part no one k
    talks about or teaches thank you so much for all u do to help us im greatful

  • @Jeff-xy7fv
    @Jeff-xy7fv 5 месяцев назад

    27:00 - That's what I did when I switched to real money. I capped myself at one contract per trade. Then after a week of consistent profitability, I moved up to two contracts so I could sell one when my first profit target was hit, then hold the other one until my final profit target or when the stock reversed direction.

  • @billshortridgeart
    @billshortridgeart 5 месяцев назад

    This was amazing. Thank you.

  • @DischorNumberOne
    @DischorNumberOne 5 месяцев назад

    Another great episode! Thank you Ross, you rock! Btw: your sweaters are AWESOME!!!

  • @jonn093
    @jonn093 5 месяцев назад

    Thanks for this video. Keep up the great work

  • @brandonsimpson2696
    @brandonsimpson2696 5 месяцев назад

    We need the market to stay hot so we get these longer videos!👀
    Thanks for your time and dedication!
    The breakdown at the end was AMAZING!!
    Gives us regular/new day traders an insight!

  • @Billy-in5vt
    @Billy-in5vt 5 месяцев назад

    Another informative and excellent episode. Thanks Ross

  • @URI-Trades
    @URI-Trades 5 месяцев назад

    You're the best Ross! Thank you for producing these excellent educational videos for the public. I'm a Warrior Pro member and am loving ever minute of it....even red days, although love them a bit less :). Thanks again and see you in the chat room bright and early. Miguel

  • @damianwilliamson9015
    @damianwilliamson9015 5 месяцев назад

    A little overwhelming but important thanks Ross

  • @Gordon-el7ct
    @Gordon-el7ct 5 месяцев назад

    This was extremely informative and inspiring. I hope one day to be as successful as you!

  • @matiwan3
    @matiwan3 5 месяцев назад

    hey thannks for this valuable video! Keep it up man it helps a lot

  • @kcstorytime4898
    @kcstorytime4898 5 месяцев назад

    Thank You Ross for this education trading plan.

  • @jdavis6697
    @jdavis6697 2 месяца назад

    Im starting my trading journey now. Still researching, studying and learning but this is exciting. I come to you for alot of beginner advice. Hopefully in a few months I'll be back as a profitable trader

  • @fliiguy247
    @fliiguy247 5 месяцев назад +1

    Absolutely brilliant information. I can't believe hes giving this stuff away for free. That makes me wonder about the stuff he's actually charging for. Great content as always.

  • @melvinmoorman4512
    @melvinmoorman4512 5 месяцев назад

    Real deal content brother!

  • @Timefades1
    @Timefades1 5 месяцев назад

    Incredible run Ross good work

  • @onelovemon1784
    @onelovemon1784 5 месяцев назад

    June v. July. This month watching and learning from you is special opportunity. I'm holding on VLCN #1 most Shorted stock. Thanks.

  • @Bestchoicecb
    @Bestchoicecb 5 месяцев назад

    Actually, I have never seen any content creator to do videos for absolute beginners. From the meaning of terms used, to how to look for stock, etc. That would be an awesome kick ass class.

  • @Hannah-x9g4c
    @Hannah-x9g4c 5 месяцев назад

    amazing thanks Ross

  • @ChristopherHoldheide
    @ChristopherHoldheide 5 месяцев назад

    Great stuff here Ross! I’ve been practicing in a sim since March and I hope to invest my first $1000 into day trading soon. Thanks for sharing all of this great information.

  • @sktx2cali
    @sktx2cali 5 месяцев назад

    I knew you were in on that one I told myself I bet Ross is trading this. Ross thank you for all the valuable information you share. I want to be a successful trader so bad and all the information you give is so valuable and clearly directed. You have got to be the only real one on RUclips giving us game the way you do besides wallstreet trapper. Y’all are both very knowledgeable and between the two of y’all I am learning how to trade and invest so shout out to both of y’all and most definitely big ups to you. May God bless y’all brothers.

  • @KatheB12
    @KatheB12 5 месяцев назад

    Thank you so much Ross! I am an owner of a CPA firm and a WT member and I was literally talking to my daughter about this this morning after a hard day trading. We are both learning and want this long term. You are an inspiration and goals for me! Aiming to start a S Corp just for trading in 2025...using my firm one for my expenses for now but want to separate it once I am consistent. I am so grateful for the WT community!

    • @jollypj99
      @jollypj99 5 месяцев назад

      what expenses can you cover using your firm (I guess its a basic LLC)? Does it cover buying a car, some house hold expenses ...?

    • @KatheB12-2
      @KatheB12-2 5 месяцев назад

      @@jollypj99 I have a S-Corp. I am in CA and I will only set up a LLC for a property or something that has less revenue because there is a gross receipts tax that would increase my state taxes more than being a S-Corp. I can deduct vehicle expenses but I go out to clients...no mileage for day trading. I do write off certain household expenses (toilet paper, cleaning supplies, etc) that are for my home office. Any office supplies, my internet, my cell phone, etc are all business expenses. I can justify the WT expense in my accounting business since the education component relates to what I do. I used to audit public companies back in the day as that is what I had to do to get my CPA license.

  • @Steele976
    @Steele976 5 месяцев назад

    Have you done any videos that are a post-mortem on a red day? As a learning active investor, I’d love to see the dissected anatomy of a pro’s bad experience.
    I’ve already learned so much from you - you are a treasure. Thank you SO much for making these vids!

  • @ladolla7491
    @ladolla7491 5 месяцев назад

    This is GOLDEN, even more GOLDEN than GOLDs you produce daily and give us freely! You're awesome Ross! More blessings! 👏💥❤️

  • @torbenstelling1564
    @torbenstelling1564 5 месяцев назад +1

    Happy to hear that so many made good profits on Nuze today. Right at the open I got in at 5$, hoping for the breaker to the upside, but as we saw, i never got much over 4 bucks agaim. Lost 700$. Third day with a huge loss. I hope tomorrow will be better. It really a hammer in face to keep loosing. Trying to keep focused and stick to the plan and strategy. Hope it will pay of soon and hive a bit of a boost to the confidence to. 🙌 Thank you Ross. Great content as always.

  • @BeGood2DoGood
    @BeGood2DoGood 2 месяца назад

    Great video, Ross. Thanks for the education. Just starting off with trading and wanted to know if you can share any contact on help with the corp entity creation. Keep up the great work.

  • @nathalyvillagra4175
    @nathalyvillagra4175 5 месяцев назад

    I can confirm I am inspired

  • @elvissboh
    @elvissboh 5 месяцев назад

    A nother great day on stocks. Good job ross. I did reall good today to