It doesn't matter whether or not you make 20 cents or 20 thousand dollars, the skill is all that matters here and when you can be profitable month over month, year over year, you win.
I've been following Ross for years. My big growth came when I started taking 1-2% profits over and over, sometimes a dozen trades a week. Those $24 profits became $240 profits in six months, still taking 1-2% on each trade.
Don't forget that the risk/reward is multiplied equally both ways. If that $0.12 increase is $1200 profit, the the $0.12 decrease is $1200 loss. So if a small account only makes $24 on the profit then the loss is only $24 and that's where you use the information to learn and perfect your trading patterns so that some day you can get to the big leagues and not worry about the bad trades as much
I had so many blown accounts, and the most valuable lesson I got is just to be patient, have good risk management and scale up my account. It doesn't matter how small or big your account is, just be patient.
@@DaytradeWarriorAnother thing I can see messing up new traders such as myself is extreme fomo due to the pdt rule and missing opportunities because you can’t buy or sell on the biggest opportunity
Exactly if you can consistently have a green % on your account p&l and it’s 5% or more every week then you’re on track to scaling up with money in great amounts in 2 years
I have the most success when I get in and get out while it's still climbing or at the first bit of hesitancy to move higher. It's when I hold it that it goes back to even or lower.
Consistency is the key 🔐 I appreciate your vids Ross you continue to spread some of the most knowledgeable information on day trading out their while keeping it realistic 🤙
Love it.. thanks.. my goal is to make 5 cents per share with a 4K cash account. I only make 2 trades of 1000 per day. I’m practicing on my entries and exits and controlling my feelings. Consistency is the key. A couple of years then I’ll increase my size. 👍🏼is a marathon not sprint right?
Also the instant buying power on days where you know your opportunity is at its so beneficial rather than having a good day but can’t make anymore trades because funds need to settle in 2 days
Personally I never hold day trades overnight, it’s not how I manage risk. I cut the loss. Yea sometimes they move higher days later but many also go lower.
Yesterday I made $12, and today I entered some losing trades and made $2 total profit. Which I actually consider a win considering it’s my first week😗 & anyways, it might be better to start out with a smaller account cuz the pressure of larger numbers could easily lead to more mistakes if you aren’t ready for it
You can check out our Warrior Pro program contents here: www.warriortrading.com/trading-courses/ Feel free to reach out to our team at team@warriortrading.com with any questions!
Here’s the thing, it’s easy to be happy with a 5% profit on a 100k account. It’s a lot harder to be happy with a 5% profit on a 500 dollar account. It’s easier to take a “small” profit at a higher account than it is at a small account.
Hey Ross, so I'm super happy with 24 bucks. I mean robinhood doesn't charge fees on options so if I start with 240, which I did, and I make 24 bucks that's amazing. That's 10%. Honestly I'm happy with 5 bucks. Due to this mentality I've turned 240 into 560 in 7 days of trading. I'm pretty excited cause I just get out if things go red, I don't like the idea of fomo so it doesn't really bother me.
@@DaytradeWarrior You know what tho? I feel safe with just 1 or 2 contracts right now, slow and steady I think because I tried slightly higher lot sizes and it really changes the game especially when you're starting out. I'm going back to be a slow turtle.
What you’re saying applied directly to me….. so I let my ego go…. Studied multiple trade theories from yourself and other successful traders…and now I’m averaging $600 a day….. thanks so much
When I saw the video on your biggest loss on your birthday I realized trading is one of the most difficult things you do. I believe you should start telling people that first
I’ll take 24 bucks and make it $48 tomorrow. Take your time you have a new stock every day. Just chill take 1-2 trades a day and double your profits every day without blowing up your account. You have time just chill
It doesn't matter whether or not you make 20 cents or 20 thousand dollars, the skill is all that matters here and when you can be profitable month over month, year over year, you win.
that's exactly right!
I treat it as a game .
I wanna beat the market
I’m so thankful i saw this… i know I definitely needed to here this … makes perfect sense ..thank you
You're welcome!
Wise advice! Right now I’m going through changes with this perspective. And that’s the key 🤞🏼
I've been following Ross for years. My big growth came when I started taking 1-2% profits over and over, sometimes a dozen trades a week. Those $24 profits became $240 profits in six months, still taking 1-2% on each trade.
Congratulations!!!
This came out of my feed at the right time. I've been missing signals and entries. Thank you for the reminder that it's not an overnight deal.
I started a momoo acct with $1500 4 months ago, and have slowly grown it to almost 6k 😊😊
Nice work Jas, keep it up!
Good job!! No small feat!
Don't forget that the risk/reward is multiplied equally both ways. If that $0.12 increase is $1200 profit, the the $0.12 decrease is $1200 loss. So if a small account only makes $24 on the profit then the loss is only $24 and that's where you use the information to learn and perfect your trading patterns so that some day you can get to the big leagues and not worry about the bad trades as much
Ross is the man. Been watching him for years. Love this guy. 💯 Percent right
I had so many blown accounts, and the most valuable lesson I got is just to be patient, have good risk management and scale up my account. It doesn't matter how small or big your account is, just be patient.
Yep, it's often the simple things!
True
You’re 100% right brother… you might get lucky and get 1 dollar out of the market on a random day but those .15 or .20 cent wins is where it’s at
Thank you!
@@DaytradeWarriorAnother thing I can see messing up new traders such as myself is extreme fomo due to the pdt rule and missing opportunities because you can’t buy or sell on the biggest opportunity
So true Ross! Thx!
That makes great sense. Get a dollar a share profit point.
Great Analogy..
Don't look at your $ look at your %
👍
Exactly if you can consistently have a green % on your account p&l and it’s 5% or more every week then you’re on track to scaling up with money in great amounts in 2 years
I have the most success when I get in and get out while it's still climbing or at the first bit of hesitancy to move higher. It's when I hold it that it goes back to even or lower.
Thanks! you always have great advice 🙏🏾
Consistency is the key 🔐 I appreciate your vids Ross you continue to spread some of the most knowledgeable information on day trading out their while keeping it realistic 🤙
So true! Ross laying down the facts 👍
💪🙌
Im paper trading until i consistently make gains before i start playing with real money
Great idea!
Rock solid advice 💯
👍💪
You are the GOAT
Appreciate the support!
Love it.. thanks.. my goal is to make 5 cents per share with a 4K cash account. I only make 2 trades of 1000 per day. I’m practicing on my entries and exits and controlling my feelings. Consistency is the key. A couple of years then I’ll increase my size. 👍🏼is a marathon not sprint right?
That's correct!
If you have a small account you need to trade on margin which is higher risk but can make for a lot of profit potential
Good point Matt!
Also the instant buying power on days where you know your opportunity is at its so beneficial rather than having a good day but can’t make anymore trades because funds need to settle in 2 days
Thank you
Hi, I'm using trading 212 and I'm struggling to find the stocks that I can daily trade with, I'm starting small with $20 trades
I’ve always had a problem with this so Ross, Under what conditions if any is it a good idea to hold loosing trade overnight or for a few days?
Hey Aiden, Ross does not hold any positions overnight, especially if it's a losing position already.
Personally I never hold day trades overnight, it’s not how I manage risk. I cut the loss. Yea sometimes they move higher days later but many also go lower.
U r the best
Thank you Ross
You bet!
Yesterday I made $12, and today I entered some losing trades and made $2 total profit. Which I actually consider a win considering it’s my first week😗 & anyways, it might be better to start out with a smaller account cuz the pressure of larger numbers could easily lead to more mistakes if you aren’t ready for it
Wow ! Amazing
If you are on warrior trading subscription do you know how to get 3 charts to of the same stock with different time tickers?
do u offer some metershop program ?
I only trade stocks on Interactive Brokers
You can check out our Warrior Pro program contents here: www.warriortrading.com/trading-courses/ Feel free to reach out to our team at team@warriortrading.com with any questions!
Here’s the thing, it’s easy to be happy with a 5% profit on a 100k account. It’s a lot harder to be happy with a 5% profit on a 500 dollar account. It’s easier to take a “small” profit at a higher account than it is at a small account.
Hey Ross, so I'm super happy with 24 bucks. I mean robinhood doesn't charge fees on options so if I start with 240, which I did, and I make 24 bucks that's amazing. That's 10%. Honestly I'm happy with 5 bucks. Due to this mentality I've turned 240 into 560 in 7 days of trading. I'm pretty excited cause I just get out if things go red, I don't like the idea of fomo so it doesn't really bother me.
right on!
@@DaytradeWarrior You know what tho? I feel safe with just 1 or 2 contracts right now, slow and steady I think because I tried slightly higher lot sizes and it really changes the game especially when you're starting out. I'm going back to be a slow turtle.
What you’re saying applied directly to me….. so I let my ego go…. Studied multiple trade theories from yourself and other successful traders…and now I’m averaging $600 a day….. thanks so much
You're welcome!
Hi, How much are you trading with to make $600per day?
@@manij1078 roughly about a thousand shares
Idc what that price is as long it is 20% gain. I take out 10% loss
Very good ross
Thank you!
💯
So if you have a smaller account it's just going to take you longer to be able to make enough money to day trade.
Holy mey. Nail on head. Thx again
Of course!
Start small you have time too grow
I'm trying with 40% per day 🤣🤣
Keep at it!
I'm tryna turn $100 into $10,000
When I saw the video on your biggest loss on your birthday I realized trading is one of the most difficult things you do. I believe you should start telling people that first
I love to gamble I’ll invest long term when I’m up 100k. Saw a play for 10c almost bought 24k shares but in two hours it went to 90c so I’m bummed
All about managing your risk!
❤❤❤😅😅😅
😁👍
Anybody else make sense of this?
🤔
👍🤓
Why not just trade Forex?
Now I see why stock trader are asking Forex Prop Firms do they have stocks. Lol
👍😂
What the degens hear: "so you should Yolo otm 0tde options to finally catch your break"
lol basically!
Your right on multiple levels , wish i could afford To adavngage my Self but cant afford that at rhis time ? You should raffle a free scholarship
thank you! I don't have any plans for a raffle right now but will let you know if that changes
@@DaytradeWarrior cool
that's it
It's often the simple things!
I just look at percentages and not dollars.
How did you know about the conversation I was having with myself today?!
Haha sixth sense!
I’ll take 24 bucks and make it $48 tomorrow. Take your time you have a new stock every day. Just chill take 1-2 trades a day and double your profits every day without blowing up your account. You have time just chill
All about steady growth, keep it up.
33
👍
Because they are not you. Lol
Haha!
+ = +!
Ross
Bryan!
Im cheap 5 dollars or 5k im cheap. Im still making more then your average bank at 5 dollars just sitting there😂
Green is good!
No evidence that you trade 6-figure account.
Ross’s broker statements are available at warriortrading.com. You can view them anytime…www.warriortrading.com/verified-earnings-2023/
Well but even so if he has a 10K account and gets 1 to 2% he can stil end up with $100 to $200 dollars...
Thank you
You're welcome!
Thank you
You're welcome