Hi DAYTRADEWARRIOR, Have a quetion....will the speed of the internet play a an important role in day trading,? And also on running the trade platforms?
I started watching Ross 6 months ago, and went in hard with real money after a month, and I'll tell ya this, in that 5 months with real money I made more than I have with my full time job, year to date. Thanks man, and this is probably the best beginner video on the free market I've seen yet
Faith Reece goes deeper than just looking at the surface-level trends. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective of the market..
I've NEVER came across some stranger online, with pure golden heart that just wanna help people to make a living from trading like this guy right here. His free contents, if you watch them thoroughly, are HANDS DOWN the best lectures out there. I just wanna say thank you for all that do for free, I have learned almost 80% of what I know about trading from your channel. I sincerely wanna thank you and wish you and your family an everlasting happiness and success.. Man you're a God sent for sure. Cheers from a soon-to-be Warrior trading member.
I'm 2 months in. Attending all free classes and RUclips videos. I also sub to his scanners! I have a 5K account but I want to become a member before I start using this. Actively, I'm only buying 100 shares at a time using Ross's guidelines. I still have much to learn before I get aggressive. But I'm very excited!
@@nathanyoung675 Eh. You're not following his steps though. That excitement can cost you. Making you feel you want to jump in this right away. You can at least start his Warrior Starter course. Then sim trading while tracking your metrics. And do not lie to yourself or brush things off from what your results are telling you. Fine tune them and have good accuracy and P&L. Then start real money and small share sizes. I highly agree with this video and the order you should approach them. I'm talking to you as if I'm talking to myself when i got started and excited. I started with $4k and lost it in 1 month.
@@nathanyoung675 Don’t get discouraged. It takes a lot of screen time before things start to click. Making mistakes and losing is part of it. So it’s important to rewatch classes on areas you are weak and still don’t understand. Track your metrics so you see where you need to make adjustments in your trades and don’t lie to yourself. I know this is two months after your comment but take advantage of the holiday sales for his pro class if you haven’t already. He goes on a slower deeper dive than his RUclips’s free clases with live trading playbacks.
I only use margin to allow me to trade more often but still only use a max of 10% of my cash at one time. Smaller gains but less risk. Compounding works! Thanks to Ross and WT I'm finally making gains and increasing my accuracy. I'm loving this addition to my career!
47:40 what you say right here is exactly what this 42 yr old needs to hear who’s just learning to get into this with an initial $50 cash account who finally has disposable income to learn and grow this with legit baby steps over the next 5-10 years. My career will only get us so far until retirement. Learning to do this NOW, will establish the foundation to learn something new and hopefully lucrative for the next 20-30 years.
I am at step 0. Started my education (I am devouring your videos, bought your book and started practicing in a free sim). The problem is 1) to set the scanners. By the time I see the move, I am at the peak and end to force the trading on the top (losing). 2) to find something that is real-time AND allows pre-market trading (since I saw the most of movements occur 7-10:30). All this before I can build a minimal knowledge to effort your course after the summer (where my job is taking a lot of time I can't dedicate to something that has expenses per month)
Thanks Ross! Excellent Presentation!! Also, perfect timing as this is exactly what I needed to hear at this time! I have been watching your videos, learning terminology, etc. Currently I am trying this TOS platform and trying to get the stock scanner to work according to the strategy you use daily. Also, while getting familiar with the TOS platform, I will try paper trading next. Awesome job, thanks!!
You don't need much, you just need to avoid getting burned. I'm just getting scorched so far this week. As soon as I think about a stock, it digs it's own grave. I could see something hot, and then as soon as I buy in there it goes the other way. Not even a subtle dip either, just all out.
Thank you for sharing your knowledge, make it easier to understand all of it, and your honesty. I purchased your book as well ..great book, by the way! Thank you again!
Hey Man I am about to start day trading, but before i do i like to do due diligence, i have to say i am lucky to find your channel, 1- everything you say is very logical, 2- i can tell you are a very nice person, thank you for putting out these videos, really appreciate it.
3:45 to remove ambiguity a PDT is 3 or more round trip trades in a 5 day period (round trip trade being the opening and closing of a trade on the SAME trading session)
The PDT rule applies to accounts that execute 4 or more day trades within five business days. So you can only do 3 or less within a 5 business day period.
This also only applies to margin accounts. You can make as many cash trades as you want as long as you have enough in settled cash to cover the purchase
I went through years of pain and suffering in trading, trying to start too big. It wasn't until I was so broken that I had to switch to a cash account and trade with small size that everything started to click and I realized that I do know what I'm doing. After becoming consistent on small green days I began to size back up.
I've started with £20. If I can get it up to £100 then I know I'm ready to make this a serious source of income. Also most of my money is accounted for and I cannot justify adding more. Starting with £100 is too much for me, nevermind £5000 or more.
Day #1 today using Ross' Day Trade Dashboard and I'm already up 5.46% on my account! My goal is 5% per day and having the scanner to highlight exactly the stocks to look at and decide whether or not to trade was INVALUABLE! Once I have made a bit more money, I plan to join the group completely and live trade with Ross and the group every morning. Thanks Ross!
I've also come to a realization. I've noticed that in most cases, the best times to get into trades are between 4 and 7 eastern time. My guess is the big money people trade during this time, allow some movement during the 7-9:30 time, but then spend the rest of the day pushing the market to a lower range, just high enough to keep the stocks at the top of the scanners.
Most brokers don't allow 4-7, which is why you always see that spike at 7am. 4-7 there is low liquidity and big spreads because not that many folks can trade. Also hard to size up during that time. But yea, by 9:30, most of these top volumn/gainers are all done with, and they fizzle out. All the retail traders have moved on.
Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Yes! I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.
Thanks Ross! I’ve been with WT for a year now & am so thankful for the education & sound guidance. I just started in the SIM & learning so much as I trade along with u & the community. Doing it the right way!
I'm trading in a 2900-dollar account using between 1 and twenty shares and tracking my metrics in tradervue I'm practicing scalping but i find myself overtrading and taking low quality setups so that's something i have to work on
Your videos are so detailed. Thank you. I spent the first 12 months educating and doing SIM simultaneously. Then I tried 2 times the Prop firm to secure a 100k account, but I failed. It was a great experience in which one needs to understand the difference between sim and real accounts. Now I continue education to remove my errors and increase my patience by using sim account again. Your videos already helped a LOT in understanding the technical analysis better and noticing the right moment to enter the trade. Many thanks.
Do the 2 week trial. The information from the classes and the community is so great. Trade in the SIM for multiple months. I would have lost so much money making stupid mistakes if I wasn't trading in a SIM. The community on Warrior Trading is the best and has helped me to understand so much.
I traded in a sim and made a whole lot of money in the sim. When I transitioned to using REAL money, the results from my strategy weren't repeated... I think it's because with real money I let myself get emotionally invested, and that comes down to discipline.
Nice FOMC day, I grabbed SPY call’s before closing yesterday for .04 and sold for .65, got puts on PINS for .11 sold .21, then waited all day for FOMC, 1st round SPY puts -60% loss, lol. Round 2 .40 average and sold from .85-1.50, great, wish I had more.
Some brokers have same day settlement, As soon as i sell the funds are available. I know you are not a fan of them but i use IBKR with a cash account there is still a lot to learn, For now i just hold stock long term,
I’d say as a rule of thumb with using an offshore broker is to prove to yourself that you can make at least $1000/mo. Do it in the sim with share size that you’d be able to afford based on your actual buying power. Around 1000 shares if you’re starting with a $3000 starting balance. This will cover commissions and fees so you don’t bleed the account. If you’re a break even trader, keep practicing in the sim or with small share size with a cash account.
I'm hearing that currently Charles Schwab does not have a settlement period for cash accounts. This being true you would have funds available to do multiple trades a day.
Such a great class. It so makes me wish you would make your simulator free to beginners. It'd be an easy transition for those of us once we get better, to want to bump over to your platform rather than training on the other free ones.
Whenever you get to play with their money, it's worth it to pay the fees required, especially when the broker allows a relaxed entry level that will allow you to learn and grow. Remember, it takes money to make money!
An other strategy i think ,is to have two or three brokers accounts, in my experience with webull was to trade every other day ,i had traded all my money Monday and by Wednesday morning it was settled and ready to day trade
I am a big fan of you. I am just starting, so stupid question, is it possible, if I am in Austria, to open account with US broker, or I have to be stuck with international one. Thanks for answer
Some US brokers also operate outside of the US as well for that reason.. You can search some of the main commission free brokers to see if they allow residents outside of the USA
How many broker I have now? What normal numbers brokers for day trading? How many training account is needed? How can I reduce the unlimited? I'm needs clearly answer, thanks you for your patience, and excuse me for my missed work
What’s confusing is how did you start with $583 but then you went on and said you funded your account with 3-4k and then you put 25k to day trade.. did I miss something ?
Could you as your teacher to do the class for RUclips for my middle schooler to be? Or could you do a version based on his syllabus. Many homeschooling family would thank you.
I’m new to this, been watching all Ross’s videos the last few months. Do all his teachings apply to the futures market as well? I work during normal hours.
Thank you for this useful video. Something I want to figure out : Leaving in Europe, I use IBKR as broker, I start with 6K. I trade 5 days a week But I am not allowed to buy more that what I own (no leverage) Do you know why I can't use leverage? Is that a Cash account? If so, how can I use leverage ? Thank you in advance for your answer
Very helpful video and website Russ. Question: What is your take on brokers who offer fractional shares and practicality of using that while growing your account? also, would you have any names in mind of brokers that do offer this? i realize that not all brokers offer FS
That is not something has experience with or would recommend. We have a blog post that touches on how much is needed to get started trading. You can read it here: www.warriortrading.com/day-trading-for-a-living/ Here are some recent videos on this topic as well: ruclips.net/video/GsTPr05KjrA/видео.html ruclips.net/video/PtFKChlL7wE/видео.html
I'm a little confused on two points: 1) So in a cash account, you can buy your shares AND sell your shares in one day OR you can buy shares then you have to wait a day to sell them? 2) The $2500 you are suggesting starting with, I thought you were suggesting that for a cash account because it's already 5x leverage the 500 you started with. But then you talked about it's good to start with $2500 in the offshore account. So are you saying it's good for both?
Hi, in a cash account you can buy and sell but you can’t buy back until the next day. I think offshore really only good for a trader with a lot of experience and ready to maximize on the tool cause it’s more expensive
Hey Ross, I’ve gotten used to trend trading small caps with Webull using a small account since I can set limit orders on the chart and the fees are cheap. Do you or others know if this will be problematic when I get to a 25k margin account when using $2,500 per trade?
Cameron, with $2,500 - If I want to trade with you, how does that work? Many traders offer join my class but I am left out of the trading. They are selling just a bunch of charts with projected rise and fall numbers. Nvidia will go to $118-121 or in a pull back $109. So you can go short if it does not go forward. A lot of crap!! Thank you !
Hey yes! you can check the 2 week trial it includes Live stream trading with me, scanner alerts, member chatroom, news alerts and customizable charting ! www.warriortrading.com/pro-preview-trial/
I'm doing automation and the day trading companies won't give me their API, so I have to start small and trade 3x for the week, no more. Because I'm way below to bypass the PDT rule
@@trulosdoulos6849 an offset . Buy at bid plus or minus .05 or whatever you set your offset at. And yes if it tanks you'd want to quickly cancel sell at ask and probably sell on bid or at market
In those five months, how much time were you spending each day trading? Was it full-time hours or did you do it on the side while you still had your existing job?
Download my Small Account Strategy Worksheet PDF here! 🍏warrior.app/howmuch2start-pdf
Did you different from my lecturers
Hi DAYTRADEWARRIOR, Have a quetion....will the speed of the internet play a an important role in day trading,? And also on running the trade platforms?
@@DaytradeWarrior I'm owsome partiner limte your penny time
How do you get usa as country when signing up for cmeg
@@Cook_af12 if you haven't been answered already, you should be applying for CMEG KY, not UK
I started watching Ross 6 months ago, and went in hard with real money after a month, and I'll tell ya this, in that 5 months with real money I made more than I have with my full time job, year to date. Thanks man, and this is probably the best beginner video on the free market I've seen yet
I think I'm blessed if not I wouldn't have met someone who is as spectacular as expert Faith Reece
Talking to an expert like Faith Reece to reshape your portfolio is a very smart move
Faith Reece goes deeper than just looking at the surface-level trends. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective of the market..
So you guys know her too?...
Wow she made my husband and I have our own house and car.
She is good! 👌
@@SandraJames-iy8ebYeah 150k from Faith Reece , looking into acquiring a new house
I've NEVER came across some stranger online, with pure golden heart that just wanna help people to make a living from trading like this guy right here. His free contents, if you watch them thoroughly, are HANDS DOWN the best lectures out there. I just wanna say thank you for all that do for free, I have learned almost 80% of what I know about trading from your channel. I sincerely wanna thank you and wish you and your family an everlasting happiness and success.. Man you're a God sent for sure. Cheers from a soon-to-be Warrior trading member.
Green Day, Green Week, Green Month. All thanks to you Ross.
@@max88Phoenix
Congrats on your succes !
Can i ask you,
how you got started?
All you new traders. Listen to him! I’m 1.5 years in and all this is so true.
I'm 2 months in. Attending all free classes and RUclips videos. I also sub to his scanners! I have a 5K account but I want to become a member before I start using this. Actively, I'm only buying 100 shares at a time using Ross's guidelines. I still have much to learn before I get aggressive. But I'm very excited!
@@nathanyoung675 Eh. You're not following his steps though. That excitement can cost you. Making you feel you want to jump in this right away. You can at least start his Warrior Starter course. Then sim trading while tracking your metrics. And do not lie to yourself or brush things off from what your results are telling you. Fine tune them and have good accuracy and P&L. Then start real money and small share sizes. I highly agree with this video and the order you should approach them. I'm talking to you as if I'm talking to myself when i got started and excited. I started with $4k and lost it in 1 month.
@@nathanyoung675 Don’t get discouraged. It takes a lot of screen time before things start to click. Making mistakes and losing is part of it. So it’s important to rewatch classes on areas you are weak and still don’t understand. Track your metrics so you see where you need to make adjustments in your trades and don’t lie to yourself.
I know this is two months after your comment but take advantage of the holiday sales for his pro class if you haven’t already. He goes on a slower deeper dive than his RUclips’s free clases with live trading playbacks.
I learnt from this guy. He knows how to teach.
Sir please tell how identified nse bullish stock intraday
It’s great to see Ross on a strong hot streak. Best trading educator in the industry.
Facts 💯
yes!🎉
Without a doubt!
I only use margin to allow me to trade more often but still only use a max of 10% of my cash at one time. Smaller gains but less risk. Compounding works! Thanks to Ross and WT I'm finally making gains and increasing my accuracy. I'm loving this addition to my career!
Please do a small account cash account challenge. I’d just like to see your strategy and how it differs from a margin account.
Good idea!
47:40 what you say right here is exactly what this 42 yr old needs to hear who’s just learning to get into this with an initial $50 cash account who finally has disposable income to learn and grow this with legit baby steps over the next 5-10 years. My career will only get us so far until retirement. Learning to do this NOW, will establish the foundation to learn something new and hopefully lucrative for the next 20-30 years.
I am at step 0. Started my education (I am devouring your videos, bought your book and started practicing in a free sim). The problem is
1) to set the scanners. By the time I see the move, I am at the peak and end to force the trading on the top (losing).
2) to find something that is real-time AND allows pre-market trading (since I saw the most of movements occur 7-10:30).
All this before I can build a minimal knowledge to effort your course after the summer (where my job is taking a lot of time I can't dedicate to something that has expenses per month)
Thanks Ross! Excellent Presentation!! Also, perfect timing as this is exactly what I needed to hear at this time! I have been watching your videos, learning terminology, etc. Currently I am trying this TOS platform and trying to get the stock scanner to work according to the strategy you use daily. Also, while getting familiar with the TOS platform, I will try paper trading next. Awesome job, thanks!!
You don't need much, you just need to avoid getting burned. I'm just getting scorched so far this week. As soon as I think about a stock, it digs it's own grave. I could see something hot, and then as soon as I buy in there it goes the other way. Not even a subtle dip either, just all out.
I made $124 today and it felt like an amazing market. Tighten up and don't get too emotional. There's always tomorrow!
I just love this man! Thank you so much! I am just about to sign up for your simulator access
Thanks Ross for continuing to put out free training, videos!
Thank you for sharing your knowledge, make it easier to understand all of it, and your honesty. I purchased your book as well ..great book, by the way! Thank you again!
Hey Man I am about to start day trading, but before i do i like to do due diligence, i have to say i am lucky to find your channel, 1- everything you say is very logical, 2- i can tell you are a very nice person, thank you for putting out these videos, really appreciate it.
3:45 to remove ambiguity a PDT is 3 or more round trip trades in a 5 day period (round trip trade being the opening and closing of a trade on the SAME trading session)
@@jftmcg I spoke with Schwab yesterday and was told that 4 or more round trips during the 5 business day period makes you a PDT
The PDT rule applies to accounts that execute 4 or more day trades within five business days. So you can only do 3 or less within a 5 business day period.
This also only applies to margin accounts. You can make as many cash trades as you want as long as you have enough in settled cash to cover the purchase
I went through years of pain and suffering in trading, trying to start too big. It wasn't until I was so broken that I had to switch to a cash account and trade with small size that everything started to click and I realized that I do know what I'm doing. After becoming consistent on small green days I began to size back up.
I've started with £20. If I can get it up to £100 then I know I'm ready to make this a serious source of income. Also most of my money is accounted for and I cannot justify adding more.
Starting with £100 is too much for me, nevermind £5000 or more.
I like Ross's shirts! And content. And yes, a sincere person who teaches well.
A lot of really solid advice in this one. Hope new traders take it to heart.
"TO BUILD A SOLID FOUNDATION ", that phrase is epic and creates trust! / thanks Ross!
Day #1 today using Ross' Day Trade Dashboard and I'm already up 5.46% on my account! My goal is 5% per day and having the scanner to highlight exactly the stocks to look at and decide whether or not to trade was INVALUABLE! Once I have made a bit more money, I plan to join the group completely and live trade with Ross and the group every morning. Thanks Ross!
I've also come to a realization. I've noticed that in most cases, the best times to get into trades are between 4 and 7 eastern time. My guess is the big money people trade during this time, allow some movement during the 7-9:30 time, but then spend the rest of the day pushing the market to a lower range, just high enough to keep the stocks at the top of the scanners.
Most brokers don't allow 4-7, which is why you always see that spike at 7am. 4-7 there is low liquidity and big spreads because not that many folks can trade. Also hard to size up during that time. But yea, by 9:30, most of these top volumn/gainers are all done with, and they fizzle out. All the retail traders have moved on.
Thank you for sharing your life with us Ross! You’re literally changing the trajectory of many lives.
Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Ptricia Anna demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
Yes! I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.
You are such a good teacher but i feal you are extremely good Person ! ! !
Awesome episode !! Everything that I needed to hear about small account is on this video !! Thank you so much Ross !!
Ross! thank you so much for sharing your knowledge with us every day!
Thanks Ross! I’ve been with WT for a year now & am so thankful for the education & sound guidance. I just started in the SIM & learning so much as I trade along with u & the community. Doing it the right way!
U just opened my eyes to a lot of stuff .. loved ur content❤ keep teaching❤
I'm trading in a 2900-dollar account using between 1 and twenty shares and tracking my metrics in tradervue I'm practicing scalping but i find myself overtrading and taking low quality setups so that's something i have to work on
Every single day this month whenever I've done something random I've lost money. When I do what I'm supposed to I make money lol
Literally the same. It’s when I get FOMO or “trust my gut” when I lose. Lol. Follow the strategy and way more often than not it works out.
Your videos are so detailed. Thank you. I spent the first 12 months educating and doing SIM simultaneously. Then I tried 2 times the Prop firm to secure a 100k account, but I failed. It was a great experience in which one needs to understand the difference between sim and real accounts. Now I continue education to remove my errors and increase my patience by using sim account again. Your videos already helped a LOT in understanding the technical analysis better and noticing the right moment to enter the trade. Many thanks.
Thanks I am glad they have helped!
Do the 2 week trial. The information from the classes and the community is so great. Trade in the SIM for multiple months. I would have lost so much money making stupid mistakes if I wasn't trading in a SIM. The community on Warrior Trading is the best and has helped me to understand so much.
I’ve been thinking about it
Is it really that good
These lessons are fantastic. Thank you Ross
I traded in a sim and made a whole lot of money in the sim. When I transitioned to using REAL money, the results from my strategy weren't repeated... I think it's because with real money I let myself get emotionally invested, and that comes down to discipline.
A very intrigued non trader looking for any groups, communities and advice for COMPLETE beginners. didn't know what a broker was type of beginner
Started with $50 a month ago now at $ 130 won't be long till I call myself a beginner
GOLDEN ADVICE
Nice FOMC day, I grabbed SPY call’s before closing yesterday for .04 and sold for .65, got puts on PINS for .11 sold .21, then waited all day for FOMC, 1st round SPY puts -60% loss, lol. Round 2 .40 average and sold from .85-1.50, great, wish I had more.
Also down like -60% on MTCH puts, earnings wasn’t that good but it’s up 15%, lol. That’s why I’ll hold until Friday
Some brokers have same day settlement,
As soon as i sell the funds are available.
I know you are not a fan of them but i use IBKR with a cash account
there is still a lot to learn,
For now i just hold stock long term,
Hey Ross, I hope you and your family are safe from all the storms. Your teaching s have really been helpful. Stephen D Johnson
I’d say as a rule of thumb with using an offshore broker is to prove to yourself that you can make at least $1000/mo. Do it in the sim with share size that you’d be able to afford based on your actual buying power. Around 1000 shares if you’re starting with a $3000 starting balance. This will cover commissions and fees so you don’t bleed the account. If you’re a break even trader, keep practicing in the sim or with small share size with a cash account.
I'm hearing that currently Charles Schwab does not have a settlement period for cash accounts. This being true you would have funds available to do multiple trades a day.
I took LSH at $3.61 this morning and sold a $3.94. Thanks Ross!
Something worth noting is that a cash account can slow you down if you have a tendency to overtrade. Something to consider.
My takeaway point :
“Success in trading comes down to 3Ds, dedication, discipline and drive”👌
Ross the boss♥️ I enjoyed the history lesson!
Great video for beginers.
Best video to date
Such a great class. It so makes me wish you would make your simulator free to beginners. It'd be an easy transition for those of us once we get better, to want to bump over to your platform rather than training on the other free ones.
Whenever you get to play with their money, it's worth it to pay the fees required, especially when the broker allows a relaxed entry level that will allow you to learn and grow. Remember, it takes money to make money!
An other strategy i think ,is to have two or three brokers accounts, in my experience with webull was to trade every other day ,i had traded all my money Monday and by Wednesday morning it was settled and ready to day trade
Ross I trade under cash account and they (webull at least) fund or give your money instantly... so you get your full buying power instantly
What kind of fees they have? How simple is the process to open account with them? Are they US based?
Fantastic !!!
i Just quit trading is really hard to be green for more than a week, from there to earn money, is almost impossible.
You the man Ross! You ever use Tick charts or strictly 1 minute?
I am a big fan of you. I am just starting, so stupid question, is it possible, if I am in Austria, to open account with US broker, or I have to be stuck with international one. Thanks for answer
Some US brokers also operate outside of the US as well for that reason.. You can search some of the main commission free brokers to see if they allow residents outside of the USA
How many broker I have now?
What normal numbers brokers for day trading?
How many training account is needed? How can I reduce the unlimited? I'm needs clearly answer, thanks you for your patience, and excuse me for my missed work
Which offshore broker is the best to trade and avoid the PDT rule?
What’s confusing is how did you start with $583 but then you went on and said you funded your account with 3-4k and then you put 25k to day trade.. did I miss something ?
I am starting with $1,500.00 small account. Made $100 overnight from LUMN stock. That stock have been doing good lately.
did you buy Lumn option or regular trade?
Could you as your teacher to do the class for RUclips for my middle schooler to be? Or could you do a version based on his syllabus. Many homeschooling family would thank you.
hey Ross! So if i have $1800 to start my account lets say! What would i be able to trade with no leverage? Penny stocks?
Mini Ross great information thank you
love your shirt, brother
great video i learned alot
4 minutes ago, good morning senior Ross.
Great video, fantastic insights! I’d love to see you do a deep dive into Step Finance-they’re doing some impressive things
Very grateful for Ross Cameron 🙏
I’m new to trading, should I trade small caps or futures. Thanks Ross
Hey man great content! Was curious what broker do you use and do you pay fees?
I’m new to this, been watching all Ross’s videos the last few months. Do all his teachings apply to the futures market as well? I work during normal hours.
My takeaway point :
“Success in trading comes down to 3Ds, dedication, discipline and drive”👌🙏
Thank you for this useful video.
Something I want to figure out :
Leaving in Europe, I use IBKR as broker, I start with 6K.
I trade 5 days a week
But I am not allowed to buy more that what I own (no leverage)
Do you know why I can't use leverage?
Is that a Cash account?
If so, how can I use leverage ?
Thank you in advance for your answer
Interactive Brokers (non-US) has a 2k Euro cash minimum (for Europeans).
Very helpful video and website Russ. Question: What is your take on brokers who offer fractional shares and practicality of using that while growing your account? also, would you have any names in mind of brokers that do offer this? i realize that not all brokers offer FS
That is not something has experience with or would recommend. We have a blog post that touches on how much is needed to get started trading. You can read it here: www.warriortrading.com/day-trading-for-a-living/
Here are some recent videos on this topic as well:
ruclips.net/video/GsTPr05KjrA/видео.html
ruclips.net/video/PtFKChlL7wE/видео.html
Is it possible to trade if you live outside of the United States
I got started in middle school as well, by some group that came in
would mind sharing with us the names for those offshore brokerage?
I am an inverse Ross. Started with $100k and turned it into $2k
Dude. Mine is almost the same. We should link up. Share how bad we are 😂
That's crazy sad but happenes to people more than you'd think😢
@@Johnc812 @toxicsapiens let's form a gang. Try give each other support
I'm crying about loosing 100 bucks😂
I'm a little confused on two points:
1) So in a cash account, you can buy your shares AND sell your shares in one day OR you can buy shares then you have to wait a day to sell them?
2) The $2500 you are suggesting starting with, I thought you were suggesting that for a cash account because it's already 5x leverage the 500 you started with. But then you talked about it's good to start with $2500 in the offshore account. So are you saying it's good for both?
Hi, in a cash account you can buy and sell but you can’t buy back until the next day. I think offshore really only good for a trader with a lot of experience and ready to maximize on the tool cause it’s more expensive
Hey Ross, I’ve gotten used to trend trading small caps with Webull using a small account since I can set limit orders on the chart and the fees are cheap. Do you or others know if this will be problematic when I get to a 25k margin account when using $2,500 per trade?
Cameron, with $2,500 -
If I want to trade with you, how does that work? Many traders offer join my class but I am left out of the trading. They are selling just a bunch of charts with projected rise and fall numbers. Nvidia will go to $118-121 or in a pull back $109. So you can go short if it does not go forward.
A lot of crap!!
Thank you !
What does it mean 3 or more (round trip) trades? Is that bull and bear trades?
Could you use multiple platforms to increase trade# without triggering PDT rule? TorS, Webull, Robinhood for example?
Hey Ross
Denmark here 😃 Can I use your classes over here ??
Thanks Thomas
Hey yes! you can check the 2 week trial it includes Live stream trading with me, scanner alerts, member chatroom, news alerts and customizable charting ! www.warriortrading.com/pro-preview-trial/
A real small account challenge is starting with $2000 in any US licensed broker without leverage.
What about the free riding rule and cash account?
Thoughts on prop brokers like "Trade the Pool?"
Would it be possible if you can tell us the name of the offshore brokerage you used during that period ?
Be as easy on yourself as possible!
I'm doing automation and the day trading companies won't give me their API, so I have to start small and trade 3x for the week, no more. Because I'm way below to bypass the PDT rule
hlllo bro i want to meet you ❤from indian 🇮🇳
iknow when market fall and when rise
What kind of orders is Ross using? Buy Ask or Market? Sell Bid or Market? What is best and why?
Usually buy ask sell ask with small offsets
@@Johnc812 So if you sell ask, you have the chance of not getting filled, yes? and what is an offset?
@@trulosdoulos6849 an offset . Buy at bid plus or minus .05 or whatever you set your offset at. And yes if it tanks you'd want to quickly cancel sell at ask and probably sell on bid or at market
Starting with 300.00 😀
Where is the link to offshore brokers?
In those five months, how much time were you spending each day trading? Was it full-time hours or did you do it on the side while you still had your existing job?
Ross typically trades for a few hours a day usually around 7-8am ET to 10-11am ET. Depending on momentum.