After GameStop Yesterday, an 850% Short Squeeze Today!

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  • Опубликовано: 3 июн 2024
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Комментарии • 198

  • @DaytradeWarrior
    @DaytradeWarrior  Месяц назад +8

    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/

    • @MohammadEkal-dz3fe
      @MohammadEkal-dz3fe Месяц назад

      If u rich then why u selling courses I'm day trader !I think the way u trade Is joke!

    • @MohammadEkal-dz3fe
      @MohammadEkal-dz3fe Месяц назад

      In my opinion u missed it again 14 dollar per share reached

    • @alexanderdepue9423
      @alexanderdepue9423 Месяц назад +3

      Let's see...cost of developing all the scanners, cost of market data, cost to maintain different domain names, time spent doing all this. I'd honestly be surprised if Ross was pocketing even half the membership.
      Not to mention you're literally getting essentially a bachelor's degree (minimally) level of education for $2500. Besides, paying for it weeds out people who aren't going to take it seriously and aren't willing to devote time to learn, and keeps the chatrooms full of people who are actually helpful and encouraging

    • @fuhkbiden
      @fuhkbiden Месяц назад

      @@MohammadEkal-dz3fehow can I learn day trading I would love to get into it but I have no idea where to even start to learn would you be willing to help me?

    • @MohammadEkal-dz3fe
      @MohammadEkal-dz3fe Месяц назад

      @@fuhkbiden if u wanna listen to my advice brother don't be day trader unless one year of free demo trading in my opinion after all be investor not trader special cfd is very dangerous and u will lose and u will remember my word. Don't use cfd trading at all unless u are 2 years experience in trading

  • @elvissboh
    @elvissboh Месяц назад +28

    Good job ross. I traded MLGO all the way up to $15 and made $1451

  • @alextrigger8199
    @alextrigger8199 Месяц назад +24

    Paper Trading Day 21: after earning $1 yesterday, I was finally rejoiced to see a single 'normal' stock to trade... but I missed the large green candles and traded the chop 😁 So $10 up on the day on this impressive squeeze....

  • @socalk1d262
    @socalk1d262 Месяц назад +9

    I bought $MLGO into the halt, made $1.07/share and called it a day. I'm doing the same thing Ross. Trying to remain disciplined, trying to pick my best entry points according to my strategy and trying to focus on minimizing my losses more than maximizing my wins. It's seems to be working well for me, I have a couple green days in a row. Like Ross always says, "Don't be greedy, be grateful."

  • @DrumStopTV
    @DrumStopTV Месяц назад +13

    Was in MLGO at $3.70 got out at $4.70 happy profits at $505. Congrats to all that held on

    • @mattc5268
      @mattc5268 Месяц назад

      Me too lol made $5. I tried getting back in on the before bell dip but my phone coverage dropped. Oh well. Sob!

  • @ShaneCrazy
    @ShaneCrazy Месяц назад +4

    SOBR was already up 100% around when makers opened. I waited for a pullback and got into the trade and made around $70. I then waited for another upwards trend and got in and made another 10-15%. Great day!

  • @beyond_fatherhood
    @beyond_fatherhood Месяц назад +36

    I got in at $5 on MLGO, and sold at 6.50. Checked the charts later and saw it at 15 and wanted to die

    • @hhhhh-bz5ue
      @hhhhh-bz5ue Месяц назад +8

      Better than getting in at 6.50 and out at 5. Nice work

    • @rod8655
      @rod8655 Месяц назад +6

      I feel you, I was in at $4.80 premarket and out at $5.30 at the open

    • @serafinlagunas
      @serafinlagunas Месяц назад

      @@rod8655do you buy market extended on premarket, or limit day when buying premarket. Does the order get filled at market open or doesnit cancel

    • @Vade1313
      @Vade1313 Месяц назад

      @@rod8655 pretty ballsy to hold on the open with a stock up 200% I think. I think there is usually a small sell off at minimum on a set up like that.

    • @CD3D3ATG
      @CD3D3ATG Месяц назад +3

      I was too scared at $4.60 and didn’t trade it at all today. Severely regret it…

  • @cjschiedlo
    @cjschiedlo Месяц назад +7

    Ross you are a legend. I couldn’t be more grateful for the education you have gifted us with. For those questioning, his course is amazing. He explains everything in a way that makes it easy to understand.

  • @ThisIsGonnaBFine
    @ThisIsGonnaBFine Месяц назад +2

    Thank You for Everything Sir; I'M SOAKING IN SO MUCH LEARNING due to Your patient Teaching Style. THANK YOU!

  • @max88Phoenix
    @max88Phoenix Месяц назад +6

    Thank you Ross for your teaching... MLGO quite choppy, couldn't take a good entry.

  • @chasewallace2314
    @chasewallace2314 Месяц назад +18

    Insane day for me on MLGO, 2,200 shares at 9.10, sold half at 10.50, a quarter at 11.48, and the final quarter at 12.35.
    Over 4,000 in profit for me today, made up on the 1,500 red day back on Friday.

    • @AlexanderTheCanadian
      @AlexanderTheCanadian Месяц назад

      beautiful!

    • @markgould6167
      @markgould6167 Месяц назад +1

      Nice job. I am still learning only trading 5 shares made $13. When I get a green month I will up the about to 50 then 500....

  • @DanielCervantes-mb8tr
    @DanielCervantes-mb8tr Месяц назад +1

    I also got in SGBX and MGLO your MACD video has help me so much

  • @jaydonnethery5559
    @jaydonnethery5559 Месяц назад +2

    ross your the man. Ty brother

  • @bradestes3231
    @bradestes3231 Месяц назад

    I'd love to see you talk fib extension, which was invaluable with MGOL today. You could just see it wanted to eat through those levels over 100, which are also where it has WAY more room to run. What was unusual was how it just slipped through those lower levels but I'm convinced some algo was trying to suppress it and the breakouts happened in the moments that beat the algo

  • @nickg1895
    @nickg1895 Месяц назад +1

    Great insight on trading! Thank you for the great tips of how to become a lasting trader

  • @andreas1337able
    @andreas1337able Месяц назад +1

    Learning to trade. Thank you for these videos. One day I will join your course. Well, it depends to be honest. But I am eager to learn, and more knowlegde is welcome. So now I am on the internet getting more info. Now, back to the 'depends'. If/When I do gobble up some profits in my future account. I will spend it wisely on your course. Looking forward to that day :P
    As for now. I have TC2000, no broker yet (pretty hard actually. I have Giro, but that is not sinked with America it seems...) . So it is just paper trading and learning TC2000 right now :)
    Again, thank you for all the videos. I have been binging those :P

  • @Nodd18
    @Nodd18 Месяц назад +1

    MLGO was up because of news with WIMI. Yet WIMI absolutely refused to go up after the bell despite how crazy MLGO was. It was super frustrating.

  • @augustusbus5344
    @augustusbus5344 Месяц назад +1

    Got in early and locked up profit then just exercised disapline as it pushed higher as I suspected it would just didn’t want to give back anymore profit as I had already gave back 15%

  • @deanbartosh613
    @deanbartosh613 Месяц назад +2

    Had a tough time in the premarket and took a couple small losses on MLGO. Just couldn't get dialed in and I almost called it quits for the day. Glad I didn't! Hit some major green trades during the regular hours and walked away with one of my best days ever.

  • @OGJeff685
    @OGJeff685 Месяц назад +2

    You know what's funny, when GameStop squeezes the entire market goes down and crazy things happen like a stock that was worth $600,000 goes to $185 by a glitch. However when this thing goes 850% nothing happens. I wonder why Ross?

  • @Lil_Bed
    @Lil_Bed Месяц назад +1

    I actually needed to hear that I shouldn’t have FOMO bc I lost 10% of my account today

  • @tyke77
    @tyke77 Месяц назад +3

    Traded it twice, made over $200. I was out at $5.99, and I didn’t have enough in my small cash account to get back in later. It’s nice to get the wins, but it’s hard watching it double in price and not enough money to take advantage of it. Lol

    • @Vade1313
      @Vade1313 Месяц назад +2

      i feel that, same boat

  • @AttkBeast
    @AttkBeast Месяц назад +1

    I got in MLGO right after the $6.99 halt and made a quick $1k in like 30 seconds. I got excited and played around during the chop and had to TEAR myself away from my computer, with $805 on the day, before I lost any more. It's a weird feeling to see the price went all the way to $14.98 when I got out at $7.49. This was definitely a learning experience...winning can be just as dangerous as losing.

  • @JC-hd2tt
    @JC-hd2tt Месяц назад

    What is the Market cap on this stock, what Market cap parameters should we look for when searching a stock to trade?

  • @Allampedupscxd
    @Allampedupscxd Месяц назад +1

    Ross, my current app (RH) only has 10 min (maybe 5 min on occasion) candle increments.
    I saw this same stock this morning on my scanner (5× vol, and good volume spikes greens vs red)
    I saw it at around the end of chop at about $9.00. I saw 30 min of red and decided against it. Of course it hit $15.00 a little bit later.
    So happy you posted this to show I am learning more from each of your vlogs
    I got rookie mistake burned with BPTH yesterday and had to chase it this morning but only ended up 5% down but as it turns out I got out too early. Better a little poorer and safe then Burned again.

  • @garamgarum4898
    @garamgarum4898 Месяц назад +2

    I traded MLGO but sold it quite early during premarket because of previous bad experiences with other small cap stocks which I almost always lost money if I held them until market opened. Now regretted to see this stock went up to $15. Unbelievable!!

  • @dialedmedia_
    @dialedmedia_ Месяц назад +2

    Ross you were talking yesterday about how it hasnt met the same marks as 2021. This is an ever-evolving stock opportunity.

  • @davidhamilton5461
    @davidhamilton5461 Месяц назад +1

    I just stated day trading on a simulator, I glad it wasn't just me who had a hard time on MLGO. I ended about $2700 (paper money). I love these Mid day and After market videos you do, because it gives me something to compare my result to.

    • @mikeyhoje1282
      @mikeyhoje1282 Месяц назад

      Any stock simulator you can recommend?

  • @TxRunner71
    @TxRunner71 Месяц назад +3

    Thought about buying in on MLGO at $5, but it was a little above my current price range. I'm still kinda new. Missed on a huge day but stuck to my rules.

    • @TxRunner71
      @TxRunner71 Месяц назад +1

      @@walterAnders It had most of my indicators early. Volume, ~price, news. Just couldn't pull the trigger. I did buy the partner stock in the news announcement (WIMI). It didn't have the same movement as MLGO, but I did came out green on that one. Green day, so I'm happy with it.

  • @Roughneck7712
    @Roughneck7712 Месяц назад +4

    Caught the big move up into the first halt but then the chop scared me out after that. Locked up my profits and called it a day

  • @ambersodyssey
    @ambersodyssey Месяц назад +1

    QQQ was choppy today 😭 I held a $453 call and sold at $451.40 then it went up to $455.50
    I lost $100 but made $40 back when it fell from $455 to $454 again 😅

    • @moneymotivated4229
      @moneymotivated4229 Месяц назад +1

      I had puts and hit good. Switched to calls mid day and hit again on that last pop.

  • @mgc332
    @mgc332 Месяц назад +1

    Held this bag since December pre-split. thought it could never get back up to my avg price. Today, it popped to $7 this morning and I was damn, there's no way its going to get to my average after that. Then bam! I was out at 12.58 past break even and the profit i was looking for in December!

  • @triciakooy6955
    @triciakooy6955 Месяц назад +1

    I had same exact issues with this one

  • @adirondackaczor5919
    @adirondackaczor5919 Месяц назад +1

    What a day to be in trader rehab! Still green gave back half then sat on my hands. No FOMO

  • @kris1935
    @kris1935 Месяц назад +1

    same i didn't get filled over here too

  • @st4yblazin20
    @st4yblazin20 Месяц назад +2

    Just starting to get into stock trading and learning so much from your videos. I missed out big on this one today, had it on the scanner at 7am and was debating on buying in at 3.95 a share but I chose not to, ended up watching it soar to 14 dollars a share! Thanks for all the videos and great information

    • @TxRunner71
      @TxRunner71 Месяц назад +2

      Same. It was at $5 when i thought about buying but a little above my current price limit. If i had seen it at $4, 90% chance I would have bought in. Still a green day for me otherwise.

    • @aviitar7202
      @aviitar7202 Месяц назад

      Whats the scanner do you use

  • @paulorr9262
    @paulorr9262 Месяц назад +1

    Manage risk, don't go for the grand slam. Great video.

  • @Mbstocks2020
    @Mbstocks2020 Месяц назад +2

    I’m surprised how Ross is not trading these short squeezes , I see Ross is trading premarket not at market hours and I can’t find the answer for that

    • @Vade1313
      @Vade1313 Месяц назад

      no halts on pre market :) and its awesome! but no market orders also :(

  • @ralphmaione3rd
    @ralphmaione3rd Месяц назад +1

    2 minutes into the video and I already feel better.. I was starting to wonder if I should just buy my stocks in the pre market and leave and wait til later to see what happened.. Red Day today and stocks are doing well is embarrassing

  • @Matthansmail
    @Matthansmail Месяц назад +2

    Got in for 100 shares at $8.12 on MGLO and then out at $9.20. Nice... except... I was in my sim account on accident... whelp, I'll be checking that first things from now on lmao

    • @LaLaB-cy8mn
      @LaLaB-cy8mn Месяц назад +2

      Oh man. I hate that sinking feeling in your stomach when you realize something like this happened. Gotta brush it off & keep it moving. Live to trade another day!

  • @Elasko
    @Elasko Месяц назад +1

    Funny thing about MLGO today, I had 2000 shares @ 3.95 but decided to bail out with a small profit. I watched it all day. It was rough hehehe

  • @serphice
    @serphice Месяц назад +1

    Since MLGO is a Chinese stock I was expecting it to crash back down at the open to 2$ like many have done before.

  • @zombistank
    @zombistank Месяц назад

    I really appreciate these videos, but I have to ask something. How do you get your TradingView Candles to move so quickly and smooth like that?

    • @DaytradeWarrior
      @DaytradeWarrior  Месяц назад

      Ross uses a custom built chart platform. You can learn more here: www.warriortrading.com/charts/

  • @ashleymosblech6257
    @ashleymosblech6257 Месяц назад

    “Bought” MGLO at $4.32 went to sell when it doubled and realized the buy never processed. Oh well 🤷🏼‍♀️

  • @lucasmilik7626
    @lucasmilik7626 Месяц назад

    CCM made me a ton of money today, I got in at .70 yesterday its still growing.

  • @Got_Em_Clips
    @Got_Em_Clips Месяц назад

    i dont about yall but it looks like we entering a hot market. my question is, should we start being aggressive? i took a won today but because i wasnt aggressive it was as big as i couldve been. im still up my daily t.p. but still am i leaving money on the table not being aggressive

  • @demondagamer989
    @demondagamer989 Месяц назад +1

    Made 200 on WiMi completely unaware of MLGO and its significance

  • @cope841
    @cope841 Месяц назад +1

    Maybe the algos are glitched. Maybe it's DFV's fault.

  • @andremasters6006
    @andremasters6006 Месяц назад +2

    MGLO was biggest winner for me

  • @zackprod2639
    @zackprod2639 Месяц назад +3

    bro i got in at 4.13 at pre market , swooped down to 3.75 and my stop triggered... checked back and saw it at 14.31.

    • @AlexanderTheCanadian
      @AlexanderTheCanadian Месяц назад

      hahaha, brutal. Absolutely brutal. If it helps a lot of us had trouble with this one today.

    • @michaelhall982
      @michaelhall982 Месяц назад

      LOL, sorry buddy

    • @mgc332
      @mgc332 Месяц назад +1

      i took out stop losses in december on this one. bag held and finally paid out today! 6 months bro lol

  • @LightSeeker912
    @LightSeeker912 Месяц назад +1

    Glad to hear i wasnt the only one that had a hard time trading this one.

  • @ecallh_3553
    @ecallh_3553 Месяц назад +1

    I struggled with this stock today

  • @robertmunford7632
    @robertmunford7632 Месяц назад +1

    Bought MLGO @ 7.31 and set a stop loss @ 6.85. Got busy at work and checked my phone 30 minutes later to see it sitting at 11.20. Then I notice it dropped to 6.82 bottom tail before ripping up. Rage quit today.

  • @Blizzygliz
    @Blizzygliz Месяц назад +1

    One of my rules is try not to chase a stock up 150-200% seen it said too late. Came back mfer was at 500 then 800 lol my luck

  • @mikefoxyt336
    @mikefoxyt336 Месяц назад

    I’ll be honest…. I sold early at $6 i could cry lol i was averaged at like $2 live and learn. Lately things have been spiking and getting scalped down so i saw profit and took profit, but ultimately sold myself short

  • @recaplrg3552
    @recaplrg3552 Месяц назад

    This was really difficult to trade indeed

  • @michael4560s
    @michael4560s Месяц назад +1

    Ross, bru, you are a legend. I'm having the time of my life! I was up 2.5kUSD. my grandson arrived so i left my desk with one open stock, certain it could not go south. It went south 😂. Buggered up yesterday's USD600 and today's USD2.5k. I'm down USD500. I learnt a tough lesson. But i love my grandkids and i love trading ❤

  • @CaptBlueFish
    @CaptBlueFish Месяц назад

    I jumped out of bed at 1:10am PST which is basically pre market open, as soon as I checked my phone and saw that first move. Got in around 2 on my small account from my phone haha, and made my goal plus some really quick! Hit the bigger account as soon as the computer fired up and was rewarded.
    I watched it at open but didn’t touch it because I could just sense that I would lose all my gains if I started trading again. Sometime you have to just watch after making your profits. Or better yet shut off the computer and go about your day. Good day today! Hope we get some action tomorrow. Good luck traders!

  • @cam_bone
    @cam_bone Месяц назад

    MGLO was insane. i had an alert to go above 3 and it was a day.. god knows when i set it..

  • @_The_Last_Ronin_
    @_The_Last_Ronin_ Месяц назад +1

    I made a profit but it was difficult for me to trade. I only have the capital to trade with a cash account so I am still trying to overcome my nerves since switching from a paper account not too long ago.

  • @RC-bt9pk
    @RC-bt9pk Месяц назад

    How did you know to get into MRIN? It dropped at 4am then traded sideways during the entire pre-market. Did you just have multiple stock charts open (ready to go)?

  • @Beauchot78
    @Beauchot78 Месяц назад +1

    Thinkorswim charts locked at 830a... and came back online at 9a. missed all kinds

  • @JohanSay-st7mu
    @JohanSay-st7mu Месяц назад

    What do you think about FFIE??

  • @orvillesimpson9229
    @orvillesimpson9229 Месяц назад

    Cam if we keep getting big plays like this we just might have to start a week day challenge

  • @bphprod7786
    @bphprod7786 Месяц назад +1

    I've been waiting to see how you traded this after I saw it this morning

  • @prometheus_4606
    @prometheus_4606 Месяц назад

    Intrestingly I've traded the same stock and made 5k with a max 5k position. It was really tuff tough because of those choppy periods of consolidation. I really like your content and I have been watching your channel for a few years now. Keep up the great work! 👍👍

  • @worldukplays
    @worldukplays Месяц назад

    Im practicing with small amount real money, and went in at 4.96 for £12 worth haha, got out around 9 and was happy got to like £16/17. Then seen it go over 10 and got back in / out trying to chase jumps but gave all my gains back haha 😄 😅 learning.

  • @michaelhall982
    @michaelhall982 Месяц назад +1

    I got MLGO premarket at $4.94 and sold at $5.08. I like it when me and Ross pick the same stock. Read his book, he tells you exactly what to do.

    • @shaunjames2221
      @shaunjames2221 Месяц назад

      Picking the stock isnt hard 😉

    • @jacquelinemarie5025
      @jacquelinemarie5025 Месяц назад

      @michaelhall982 I also enjoyed his book. I'm at the end of reading The Complete Trading System by Casey Stubb's and would recommend that one too. Next I will read Trade Mindfully by Gary Dayton.

  • @justicewatch4602
    @justicewatch4602 Месяц назад

    Word. The chart literally looks like roulette in chart form. I just made the chart. Great vid.

  • @jacquelinemarie5025
    @jacquelinemarie5025 Месяц назад

    MLGO upset me today. I kept waking up before my alarm to peek at GME and saw MLGO up premarket hours. First thing this morning 6am I saw news on it and I bought in and it plunged down. I get out and go to work and it soars. ⚰️ Talk about disappointing.

  • @arankakardos2604
    @arankakardos2604 Месяц назад

    Shorting was the way to massive profits on this yesterday

  • @cam_bone
    @cam_bone Месяц назад

    its summer. its a solid economy. its day trade season yall. thats all i think, these giant runners will be often but complex to trade. its not like 2020 and idk if it ever will be again

  • @aldenboon2399
    @aldenboon2399 Месяц назад +1

    And somehow I managed to lose money on MLGO. Lol.

  • @alphaTrader.oo1
    @alphaTrader.oo1 Месяц назад +1

    11:54 📝

  • @hiddenlevel1231
    @hiddenlevel1231 Месяц назад

    I traded this one today and only up like $9 just couldn't dial in on good entry or exits. But green is green ig.

  • @saracooper6340
    @saracooper6340 Месяц назад

    SGBX did not have this action on other charts and trading platforms. How is this?

    • @DaytradeWarrior
      @DaytradeWarrior  Месяц назад

      Not sure. Ross uses Lightspeed for his broker. He also uses Day Trade Dash scanners and charts, which are available to all of our members. You can learn more about them below:
      Lightspeed: www.warriortrading.com/lightspeed-trading-review/
      Day Trade Dash Charts: www.warriortrading.com/charts/
      Day Trade Dash Scanners: www.warriortrading.com/scanners/

  • @rebeccaswanner2080
    @rebeccaswanner2080 Месяц назад

    Love the video, Ross. Any thoughts on why MLGO ran so hard today? And why it was jackknifing so often? Seemed more than news and just people taking profits?

  • @garyuk761
    @garyuk761 Месяц назад

    How can you find these trades early?

    • @DaytradeWarrior
      @DaytradeWarrior  Месяц назад

      Ross uses scanners: www.warriortrading.com/scanners/

  • @cope841
    @cope841 Месяц назад

    CBAT had some nice stair steps until today lol.

  • @NuclearTrading
    @NuclearTrading Месяц назад +3

    I absolutely botched today 💀 went from green to red

    • @dowcwow-rn4rw
      @dowcwow-rn4rw Месяц назад +1

      Yep same

    • @NuclearTrading
      @NuclearTrading Месяц назад +1

      @@dowcwow-rn4rw we will hit it good tomorrow brother!

    • @robr4501
      @robr4501 Месяц назад +1

      how much in the red? I didnt even play today, too much fear

    • @NuclearTrading
      @NuclearTrading Месяц назад

      @@robr4501 I ended the day about 1/3 of what my daily max loss is, so could have been worse. The worst part is that I was small-medium green on the day, I should have recognized the choppiness and walked away 💀
      We will get after it tomorrow! Hope you are nice green tomorrow

  • @exterminater267
    @exterminater267 Месяц назад +1

    I love watching these but so honestly have no idea wtf I’m doing.

  • @robertlopez9347
    @robertlopez9347 Месяц назад +2

    It looked good on the 5 minute chart...

  • @uba4822
    @uba4822 Месяц назад

    Second day paper trading: up 35% feeling confident. But the skeptic in me says this is all luck. How long do I stick to my plan for it to be considered profitable long term?

    • @YardPrep00
      @YardPrep00 Месяц назад

      A few to several months. Then when you use real money only trade with like 100 shares to start. Get used to the feeling of losing when it actually has real life consequences and emotions. 10 dollar losses no big deal. 100 dollar losses sting, especially several in a row when the emotion racks up and you’ve dug yourself into a hole mentally and possibly fiscally if you trade frivolously. Go slow, small size, don’t over trade, cut your losses

  • @dalesey5620
    @dalesey5620 Месяц назад

    Good thing about being in the uk is 4am is 9am over here just after I sit down for work, managed to get $1.2 a share on MLGO on that first move pre market. 🙌🏻

    • @MrGogotohell
      @MrGogotohell Месяц назад

      Hi, may I ask what broker you use in the uk? Cheers

  • @justinholden1176
    @justinholden1176 Месяц назад

    Hey Ross. I love the videos. I have a question that I'm hoping you'll take the time to answer. How do you use your stop's? Do you have them set automatically when you put the trade on or do you just use your hotkeys? Not only did I not make money on this even though I was in it multiple times, but I lost money because i kept getting flushed out and my stop loss would get triggered every time right before it moved back up.

    • @DaytradeWarrior
      @DaytradeWarrior  Месяц назад

      I only use mental stops, I don’t use live stop orders. But with these whips it’s hard cause suddenly you can be down but then like you said, it’s right back up. I’m trying to only trade when I think it has potential to go parabolic and avoid the rest.

    • @justinholden1176
      @justinholden1176 Месяц назад

      @@DaytradeWarrior Thanks. I'm just getting started in live trading and I'm struggling. I can find them on the scanner, and I can see at least one setup that I like and is consistenly a winner, but my timing is wrong somehow.

    • @timcritchley4608
      @timcritchley4608 Месяц назад

      ​@justinholden1176 check out Ross's MACD indicator video + always wait for confirmation move before entry. Not guaranteed but helps

  • @taekwonStudent09
    @taekwonStudent09 Месяц назад

    Would this have met the criteria in your small account challenge?

    • @DaytradeWarrior
      @DaytradeWarrior  Месяц назад

      Maybe, depends at what point though. It's a little on the higher priced side.

  • @fpavarose7536
    @fpavarose7536 Месяц назад +1

    Smash it 2.90 per share

  • @morganlowen5394
    @morganlowen5394 Месяц назад

    Question concerning your daily goal of $5,000. I’m a Warrior Trader subscriber and have heard you say you trade with $100,000 along with leverage. I’m guessing 4X making it possible for you to trade with $400,000. So, does that mean your hope is to make at least 1.25% each day?? I’m trying to compare it to my daily goal and figure out if I’m expecting too much from my trading. Just asking

    • @JC-hd2tt
      @JC-hd2tt Месяц назад

      Do you know what he looks for as far as Market cap? Would this stock fall under his parameters?

  • @megellsingh3778
    @megellsingh3778 Месяц назад

    Green Day after a red week my 60$ became 100😭 just wish I stayed in the trade 2 minutes longer could’ve took more profit gotta do better

  • @Aminyocheeks
    @Aminyocheeks Месяц назад

    as long as its not a read day, ill take a green day any day

  • @AlbertHoffman-mb6tv
    @AlbertHoffman-mb6tv Месяц назад

    I feel like the only ass that lost on MLGO. A year and a half in trading and I feel like this is the first time that revenge took in and fomo took a hold of me. The moment I was compromised emotionally is the moment I was trigger Happy I'm recording every instance that happened in this will be my biggest trade ever.. to launch me forward and to overcome my journey

  • @infinitelyllc
    @infinitelyllc Месяц назад

    🎶I woke up this morning,..you were on my mind.🎵 j/k That was yesterday morning. But it took me awhile in the twilight zone, to find out how you were up 15k before I woke up!!

  • @augustusbus5344
    @augustusbus5344 Месяц назад

    It was cleaner on the 5 minute and more predictable

  • @dangong1512
    @dangong1512 Месяц назад

    Hey Ross, I noticed how you set a limit of 5000 shares for the first stage of trading, why do you prioritize shares over total cost. Penny stocks and stocks that has price of close to $20 still makes a huge difference.

    • @DaytradeWarrior
      @DaytradeWarrior  Месяц назад

      Personal preference, you're welcome to do what works for you.

  • @nikguitarocphone2505
    @nikguitarocphone2505 Месяц назад

    4milion of float that is the key 🎉🎉🎉🎉🎉🎉🎉🎉

  • @TangibleGoods
    @TangibleGoods Месяц назад

    All chop no hop

  • @sdhority
    @sdhority Месяц назад

    I had to bail on this, the range was way too wide for me to feel like playing with that kind of volatility (MLGO).

    • @Beauchot78
      @Beauchot78 Месяц назад

      you have to take smaller size because the rigger controlled most of the float.

    • @sdhority
      @sdhority Месяц назад +1

      @@Beauchot78 I was in for one of the up swings for about 0.70 but when it started swinging an entire point every minute, I wussed out lol

    • @Beauchot78
      @Beauchot78 Месяц назад +1

      @@sdhority i saw a pattern that suggested the price would return back. but i was worried about those flushes so i took small size and average down 1 time and then at 830a it took off!

  • @charliemcgrain
    @charliemcgrain Месяц назад

    You are setting a really great example. My losses ALWAYS come from desperation; I chase, I get in to high, etc. Often the best trade is the one you don't take. Can you do a video on the dangers of chasing?

  • @basseon
    @basseon Месяц назад

    Another red day for me and the discouragement sets in. I'm already pretty sceptic of technical analysis, I think we're mostly driven by cognitive biases and pattern seeking wired in our brain. Sure, I believe in facts like volume, and there can be some self-fulfilling indicators if enough traders respect them, but for the most part, I think those who find the stock which has just just gone up like crazy have way more chances of scalping green.
    Anyway, 2 weeks ago I was finding the same stocks as Ross, and taking almost the same trades, I had a green week. Kept doing the same thing, I know my patterns, I understand the story, but I can't make money. I'm not gonna last long this way, paper trading does nothing for me.

    • @timcritchley4608
      @timcritchley4608 Месяц назад

      I've been red almost every day for 3 months, apparently it's normal 😂
      focus on the process, the $ will follow (so I heard!)

  • @Got_Em_Clips
    @Got_Em_Clips Месяц назад

    should we start being aggressive ?

    • @DaytradeWarrior
      @DaytradeWarrior  Месяц назад +1

      Hard to know for sure, keeping risk management at top of mind is always key regardless.