How to Start Trading with $1,000 💥 Small Account Challenge Ep. 1

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  • Опубликовано: 22 окт 2024

Комментарии • 964

  • @BennyLR
    @BennyLR 9 месяцев назад +277

    I can't thank you enough for all of your motivation. I have opened a webull account with $650.00 in November, and I am at $1000.00 now and only using my cell phone. You are a big inspiration. Thank you.

    • @aschkansabaghi4901
      @aschkansabaghi4901 9 месяцев назад +5

      Question for you Benny...are you trading only 3 times a week at this point? Thanks!

    • @Joeblow49
      @Joeblow49 9 месяцев назад +19

      Do not be greedy be greatful

    • @cjschiedlo
      @cjschiedlo 9 месяцев назад +5

      Benny you should give his course a try! I think it would help!

    • @jaymorrison5895
      @jaymorrison5895 9 месяцев назад +9

      Yea, you may want to take his course. You can get an offshore account that’s not under PDT rule. You’ll pay per trade but it’s unlimited. When it comes to scalping Ross is the man

    • @Mscott1529
      @Mscott1529 9 месяцев назад

      @@Joeblow49grateful*

  • @Robertmillsjr
    @Robertmillsjr 9 месяцев назад +106

    Whoa! Playing leverage for beginners IS the fastest way for them to blow up an account. If your second trade in this video was the first trade for a beginner, you basically just crushed them monetarily and psychologically. I dig your strategy and have learned a great deal from you, but I also lost money while learning. If you’ve only got $1000 as a beginner, I recommend only placing max 10% or $100. So what if you only make $10 on a 10% move. You’re learning and that’s a hell of a lot better than losing $1000 in one day trading leverage. Make sure you can make $30 a day consistently for a month, then increase your risk. You will NOT be able to trade like starting out. He’s a pro with years of experience.

    • @Brianpeckin
      @Brianpeckin 8 месяцев назад +5

      That's why you should do paper trading for release a month or so before you use money. Better profitable with that and you might be able to make a little bit more money real money

    • @nightshade99
      @nightshade99 8 месяцев назад

      You also have to factor in the PDF rule that one account is subject to. Ross's strategy here is great for an intermediate investor since he is featuring an overseas account allowing multiple day trades per week with 6x margin. Normal investors can't do this and cannot rise as quickly. Let's be honest, unless they are nailing every trade, losses will also damage growth.
      I am Team Ross but I want to eventually see a challenge featuring an account hamstrung by PDT, no margin, and be successful with a year time frame. That is real life for the beginner.

    • @TraderLane702
      @TraderLane702 5 месяцев назад +6

      @@Brianpeckin Id also like to see what someone can do with 500-1000 with no leverage.

    • @Brianpeckin
      @Brianpeckin 5 месяцев назад

      @@TraderLane702 agreeed

    • @AMartinBoost
      @AMartinBoost 4 месяца назад +4

      Also note the stop loss is the most important aspect...so max 10% investment yield you a 5% loss worst case if you do it right

  • @mightsnow3654
    @mightsnow3654 9 месяцев назад +13

    Good luck! I have a 1,000 dollar account and made 3% daily for 6 days last week.

  • @chrismcknight5697
    @chrismcknight5697 8 месяцев назад +32

    "Don't be greedy, be grateful" - I felt that when he said he broke too soon. Great advice and reminder.

  • @Rick-yg7vt
    @Rick-yg7vt 9 месяцев назад +41

    Ive Been following you for over 4 years. Even joined warrior trading for a year. Now trading is a good portion of my actual income annually. No one else is true to their method like you. You have changed my life. Thank you Ross

    • @khalilelhanafi5263
      @khalilelhanafi5263 8 месяцев назад +1

      Can we copy him in any way ?

    • @ScoobyDoo-ct9nd
      @ScoobyDoo-ct9nd 2 месяца назад

      I lost my job and no job since 3 months, now I wanna go with trading option which is new for me. Please let me know what all the tools we need to buy/subscribe? how can I start pls?

    • @aliciaforbes4122
      @aliciaforbes4122 2 месяца назад

      I have started watching you and I would like to trade. I would like to know which international account is better to use as a beginner with. Thanks for the information. I have never traded before.

  • @Willycheng590
    @Willycheng590 8 месяцев назад +61

    This was brilliantly put together. I’ve been following your videos for months now and with professional help, I’m making outstanding progress day trading stocks.

    • @Heavenonearth760
      @Heavenonearth760 8 месяцев назад +3

      Absolutely agree! A good trade analyst can make a world of difference. What specific insights did you gain?

    • @Willycheng590
      @Willycheng590 8 месяцев назад +5

      My colleagues had a good laugh at me when I told them I got into forex. I started my journey with $5k capital and how much I accumulated within a span of 7 months. They never believed me until I pulled out my P&L.

    • @Willycheng590
      @Willycheng590 8 месяцев назад +3

      Jonas, who's a pro trade analyst, has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

    • @Rmorales799
      @Rmorales799 8 месяцев назад +3

      I wish I learned this when I was way younger. It's kind of hard to comprehend. Is he taking newbies? And how can I get to him?

    • @Willycheng590
      @Willycheng590 8 месяцев назад +3

      Hermanw Jonas (a Gma!L
      Is he taking commissions for his services? Yes, I’m I still making money in the process. Most definitely!

  • @Freedom-cm2lo
    @Freedom-cm2lo 9 месяцев назад +14

    its crazy you have this video for free, as a satisfied past student of W.T. i can say this in exactly what he teaches. its an overview if you have minimal knowledge of trading/stocks. thank you Ross!

  • @joshuaquilliam2887
    @joshuaquilliam2887 4 месяца назад +8

    Man I have been binge watching your videos the past few days. You are so easy to follow, and break this stuff down in a very easily digestible way. You aren't boring to listen to, and make this enjoyable. As a fellow Vermonter just wanted to thank you. This stuff seems so overwhelming to learn on your own, but I am grasping what you are teaching.

    • @vhuboe
      @vhuboe 2 месяца назад

      I know right? It feels like a miracle I actually understand. Love how he's using junk too. My equipment is just my iPhone lol, I'm a beginner swing trader and these tips & lessons helped me immensely.

  • @immortalgrandmaster9724
    @immortalgrandmaster9724 9 месяцев назад +25

    Ross these small account challenge videos never cease to amaze me, watched the video from start to end, worth every second. Thank you teacher 🙏

  • @mayoversand2837
    @mayoversand2837 9 месяцев назад +51

    Glad to see you back helping the little people again.

  • @kakaka133734
    @kakaka133734 9 месяцев назад +6

    This really showed how you use the level 2 irl, it just clicked how you monitor it and learned somthing! ( New trader here ). LOVE that you do this small account challage, cause im literally starting trading now!

  • @codyr2318
    @codyr2318 9 месяцев назад +21

    I'm so glad you're doing this! I found you three years ago when I first became seriously interested in the stock market. At the time I thought I wasn't going to be a trader. Well.... now fast forward to today I am finally ready to do the work and gain the skills. Looking forward to following you closer and following this small account challenge.

  • @abeholloway4192
    @abeholloway4192 9 месяцев назад +10

    "Leverage is a sword that cuts both ways." Love it.

  • @Jpolo42
    @Jpolo42 9 месяцев назад +8

    Great video and good info !! But I would love to see this challenge with actual recommended guide lines for newer traders and small account …. A newer trade won’t have an offshore account with 6x leverage because is super risky !!! I would prefer to see this with just the $1000 only no leverage

  • @robertpro791
    @robertpro791 9 месяцев назад +51

    I cant wait to watch how much you turn a grand into. Ross you keep me so pumped and motivates to keep trading. I see how excited you get after all these years. You are huge inspiration and have changed my life. Thank you for that !

    • @Xennox2
      @Xennox2 9 месяцев назад

      It would be fun if its twelve dollars:) Ops

    • @siner2k
      @siner2k 9 месяцев назад

      What would be cool is if he blew the account then re bought and turned it into 100k for example

  • @TyB_23
    @TyB_23 9 месяцев назад +7

    Cheers Ross. Got started with you on a small account challenge 4 years ago. Right before the roller coaster started... Thank you for your dedication and guiding light.

  • @Kersycorp
    @Kersycorp 9 месяцев назад +22

    So glad to see you starting a new small account challenge like the old days. Wish the best of luck to you! 😂

  • @thelowprofile9767
    @thelowprofile9767 9 месяцев назад +6

    Ross, You are the best. What you are teaching is gold and best of all, it’s free!

  • @louiseagleeye5692
    @louiseagleeye5692 9 месяцев назад +6

    Hi Ross, for a busy man like you to answer so promptly is not only commitment to what you do, but showcase your character, deep within !.....Thank you indeed and be blessed brother.

  • @joer2810
    @joer2810 9 месяцев назад +15

    Ross, thanks for sharing. This is a good overview. If there's one recommendation I could humbly make, it would be to do it again and demonstrate programming and using "hot keys". Otherwise, awesome class and please continue teaching and sharing your experience with us.

  • @ralstonwhite429
    @ralstonwhite429 9 месяцев назад +7

    Hi Ross, I thoroughly enjoyed watching your post. I came across your channel a couple of months ago maybe November or December 2023. I'm a subscriber. I've learnt quite a lot from watching your videos. I'm going join you on this challenge too with the same capital and see how it plays out. Do you mind sharing the international broker that you use, also which scanner do you use if you don't me asking. Keep up the good work. You are an inspiration to me. Thank you.

  • @ethanhorniman157
    @ethanhorniman157 8 месяцев назад +1

    Hey man if you struggle with migraines the best thing is to consume some salt with water not just water. You need the sodium and other electrolytes to pull moisture into the cells and hydrate them

  • @EightFact
    @EightFact 9 месяцев назад +7

    Just finished 2021’s, perfect timing as I get back on my learning after a 2 year break to emotionally mature.

    • @facelessbuildr
      @facelessbuildr 3 месяца назад

      is it worth watching all the vids? just found this acct

  • @MrTeejeehook
    @MrTeejeehook 7 месяцев назад

    Ive just come across you after trolling through loads of you tube vids. Finally ive found someone who explains trading in a way i can understand Thank you

  • @markenglade9097
    @markenglade9097 9 месяцев назад +13

    Someone probably already asked this but what platform are you using for this challenge? I blew up my account early this year and then was diagnosed with cancer. So most of the year i was in treatments. So now that treatments are over and im healing. im trying to get a job and earn more money so i can start again. I definitley love following your videos and classes. I was able to get the warrior starter classes last year because thats all i could afford. And now that im better i am getting the ambition to trade again. this small account challenge is exactly what i need. Thanks Ross.

    • @Hello-pl2qe
      @Hello-pl2qe 9 месяцев назад +5

      That's rough, I hope you heal well and have tons of uninhibited time. I'm no expert, but I once did a ton of reading in a month on cancer bc my dog was diagnosed. Anyway, I ran across several old doctors that claimed that cutting all sugar starves cancer cells and shrinks tumors. I have no proof of concept but you might do some reading about the relationship of sugar and tumors if you believe in any type of homeopathic treatment along with standard treatments. Anyway, my names Mark, my dogs name was named Mark at a shelter before I renamed him. Get well Mark.

    • @Ulfius1984
      @Ulfius1984 9 месяцев назад

      He's using DAS Trader with CMEG broker

  • @Abidjan-weekly
    @Abidjan-weekly 4 месяца назад

    You are not only a great teacher but also a great talker and can even sell ice to an Eskimo. You also touch people emotionally so they don’t go out making unnecessary mistakes I learned so much in two days learning from your Channel. Thank you.

  • @PatrickLloyd-vj4tj
    @PatrickLloyd-vj4tj 8 месяцев назад +90

    At this point, things seem odd. The US dollar is losing value due to inflation, but it is strengthening in comparison to other currencies and commodities like gold and real estate. Because they believe it to be safer, people are going to the dollar. I'm concerned that the rising inflation may lead my retirement funds to lose value. Where else could we put our money???

    • @BeverlyTerry-zx4bt
      @BeverlyTerry-zx4bt 8 месяцев назад +1

      Personally, I would say have a mentor. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.

    • @treasurehunt7812
      @treasurehunt7812 8 месяцев назад +2

      Hard assets

    • @febeomnibeepboop6367
      @febeomnibeepboop6367 7 месяцев назад +3

      this is some high quality spam.

    • @-Nikoli-
      @-Nikoli- 6 месяцев назад

      Honestly. Couldnt even tell till i saw the pfp​@febeomnibeepboop6367

    • @TheGoreforce
      @TheGoreforce 6 месяцев назад

      the average home is now 400k what do you mean? gold is making new highs... Maybe it's because this comment is old but at least home price increase is incredible.

  • @rizwan101
    @rizwan101 9 месяцев назад +4

    Ross, I started a new account challenge, made a nice 5% on day 1 and then caught a flush on day 2 (today) down 15%, waited to see if it will recover and then ended up closing -20% :(
    Spent rest of the day trying to recoup the loss at least to my max loss of 5% and ended up -50%!

    • @DaytradeWarrior
      @DaytradeWarrior  9 месяцев назад +4

      I’ve been there! Have to cut losses quickly and move on!

    • @rizwan101
      @rizwan101 9 месяцев назад +2

      @@DaytradeWarrior Thanks Ross

  • @Spolb
    @Spolb 9 месяцев назад +5

    i would like to see you go through this challenge but like a 1000 is all u have without payed screeners or scanners. because some of them are really expensive for a new day trader

    • @DaytradeWarrior
      @DaytradeWarrior  9 месяцев назад +5

      For what it’s worth, my primary scan is top gainers. You can see it for free here: www.warriortrading.com/day-trading/. It’s delayed on this page by 15min but it does a good job giving beginners a watchlist

  • @BTSbangtanarmythe28
    @BTSbangtanarmythe28 6 месяцев назад +1

    Hi Ross, Im wondering how to setup offshore trading account properly as a US person ? Do you teach this in your course ? Really appreciate way you sharing your knowledge.

  • @DaytradeWarrior
    @DaytradeWarrior  9 месяцев назад +24

    DOWNLOAD MY SMALL ACCOUNT STRATEGY PDF HERE: ➡ warrior.app/2024-small-account-strategy

    • @Memeattraction
      @Memeattraction 9 месяцев назад +1

      I have seen you post a vid of a small account challenge in the past... but my issue is I am in the U.S. I have no idea what broker ur using to get the no PDT rule. As far as Iam concerned, it doesn't matter if the broker is offshore or not, you still get held against US rules.

    • @trader-ahmed-aden9143
      @trader-ahmed-aden9143 9 месяцев назад

      CMEG
      @@Memeattraction

    • @hwnwhaler1
      @hwnwhaler1 9 месяцев назад

      Mahalo!

    • @EGR370
      @EGR370 8 месяцев назад

      Would this strategy work for trading futures? Thanks I’m new

  • @jffbrk1
    @jffbrk1 8 месяцев назад

    I started with $14 on forex and I'm up to $20 in a couple of weeks. And I started with $25 on Robinhood about a month ago and I'm up to $29.....buying bottoms and selling tops

  • @L.F.williams-jx4db
    @L.F.williams-jx4db 9 месяцев назад +4

    So happy you're doing this!! Following U majorly motivates & inspires me! Thanks & Appreciation

  • @chrisd3030
    @chrisd3030 9 месяцев назад +1

    Hey man, for your migraines, my wife takes magnesium and its helped her a lot. Make sure you get the magnesium that works for you, there are different types. I started taking it too and dang its even made me feel better.

  • @alisoncamp9077
    @alisoncamp9077 9 месяцев назад +5

    I been watching quite a few traders to get a feel for whether or not I want to learn this skill and career shift this late in life. (Single parent trying to restore the cushion in my retirement fund as well as replace/improve upon my monthly salary).
    I appreciate your videos so much. You're one of the first few I started following and I keep coming back to listen in. For me, you are easy to follow and your explanations just make sense.
    I love the $1000 small accounts challenges... they provide me with valuable insights. Would you be willing to do $100 small account challenge? I am looking to start with paper trading within a week... just need to select broker best suited for me. I cannot afford to pay into a class right now but any insights/suggestions are appreciated.
    Thank you!!!

    • @BigcountryReactions
      @BigcountryReactions 8 месяцев назад

      I’m in the same boat

    • @ethansmith8813
      @ethansmith8813 4 месяца назад

      I'm also doing a small account. 50$ challenge. Patience and discipline is key. Be picky with whatever you do trade

  • @vincetroyer324
    @vincetroyer324 8 месяцев назад +1

    Ross thank you for these lectures... other people make videos on trading but do not understand how to teach and explain concepts. Thank you!

  • @awhs5435
    @awhs5435 9 месяцев назад +2

    Hell yeah, I remember your previous small account challenges, it's always a blast to watch

  • @abhishek6691
    @abhishek6691 9 месяцев назад +17

    Hey Ross, thank you for doing this challenge, it's really helpful for new traders like us. However, I do have to say, it would have been better if you also used free tools for trading which is probably what most of the beginner traders have to do. This would make it easier for us to replicate your setup (to a certain degree) and actually take actions for ourselves and grow our accounts. Alternatively, I would love to hear if you have any recommendations on free tools for charting, news, trading etc.

    • @ScottAllenTVH
      @ScottAllenTVH 9 месяцев назад

      You can scan for everything but the news with the free level of TradingView or Finviz. Given the large daily move requirement, it will be a very short list to go check if there's news that's driving the push.

  • @jimmyj752
    @jimmyj752 9 месяцев назад +2

    This really helps narrow down the stock selection process for some of us and that is where I struggle. I get frustrated because I never know what to trade when 10 of them appear on the scanner. Filtering out stocks that shouldn't be traded with a small account will narrow down the selection even more. I am slowly piecing it all together in the live markets and it's video's like this that are helping me. A very big thank you for this bit of information.

  • @finessingfinance101
    @finessingfinance101 9 месяцев назад +4

    Entertaining video Ross! Would love to see how this challenge works out! On a side note, this strategy may work for Ross, but beginners beware. 6x leverage is insanely risky, even for experienced traders. What works for some may not work for others, just be cautious when trading like this. Not saying it won't work, to each their own and almost any strategy can work if executed correctly. Just trying to spread awareness to new traders.

  • @pnizzleable
    @pnizzleable 8 месяцев назад +1

    You are Alton Brown of Stock Trading! I love it!

  • @kentwist8533
    @kentwist8533 9 месяцев назад +3

    I'm so excited! Thank you for doing this!

    • @DaytradeWarrior
      @DaytradeWarrior  9 месяцев назад +1

      Thanks Kent!

    • @kentwist8533
      @kentwist8533 9 месяцев назад +2

      @DaytradeWarrior it's actually Ken but who cares!

  • @CowboyCodes
    @CowboyCodes 8 месяцев назад +1

    Thanks it's great. But how to handle PDT rule for small accounts in U.S market ?

  • @5HTrades
    @5HTrades 9 месяцев назад +4

    The raggedy equipment is so real😂 looking forward to the series!

  • @mfresh99
    @mfresh99 9 месяцев назад +2

    LETS GOO !!! - Cant wait to see how big your account grows!!!

    • @DaytradeWarrior
      @DaytradeWarrior  9 месяцев назад +1

      I gotta grow it as quick as I can before the next reset!

  • @JiyangWu-p7c
    @JiyangWu-p7c 9 месяцев назад +3

    What's the international broker you are using?

  • @carlosmora7535
    @carlosmora7535 9 месяцев назад +1

    I am learning the ropes and I have watch several videos on how to day trade. I keep coming back to Warrior Trading because Ross’ way to teach and explain is easily understood. I am testing the waters with only $100 bucks but using Ross’ strategy I have been able to make over $20 in profit within the limitation of the PDT rule and only doing this for my second week.

  • @Kersycorp
    @Kersycorp 9 месяцев назад +4

    What platform do you use on CMEG? DAS or Sterling

  • @Omwereru
    @Omwereru 9 месяцев назад +2

    That's something!!!..I just turned on my alert for each and every video on this challenge!!!

  • @justducky8508
    @justducky8508 9 месяцев назад +3

    The entry is a market order or a buy limit order ? I’m guessing buy limit, but just want to confirm. Also, should I look for high volume at the break or volume doesn’t matter too much?

  • @BetoCrypto68
    @BetoCrypto68 Месяц назад

    Absolutely loved this video! The step-by-step approach made technical analysis so much easier to understand, especially for beginners like me.

  • @6Remane9
    @6Remane9 9 месяцев назад +2

    I wish I could like your videos multiple times

  • @nathanjackson9328
    @nathanjackson9328 Месяц назад +1

    ross man you are awesome and i respect your energy !!!!!! blesssings !!!!

  • @mikelowrey3565
    @mikelowrey3565 9 месяцев назад +10

    What broker are you using?

    • @K69Cam
      @K69Cam 9 месяцев назад

      CMEG Capital markets elite group

    • @lamuertenomeasusta2359
      @lamuertenomeasusta2359 9 месяцев назад

      Are you sure about the broker?
      I ask but never had a respond

    • @K69Cam
      @K69Cam 9 месяцев назад

      @@lamuertenomeasusta2359 I was a warrior pro member for a few years up until 2yrs ago, and we used CMEG. Ross has used them for every small account challenge. So unless he's changed the offshore broker recently it will be CMEG.

    • @Ulfius1984
      @Ulfius1984 9 месяцев назад

      @@lamuertenomeasusta2359Yes, it's cmeg

  • @Bulak-g4h
    @Bulak-g4h 11 дней назад

    I started learning day trading from Ross’s RUclips videos. Before I didn’t know anything about trading. I bought Ross’s book “How to day trade: The Plain Truth. Now I am reading. I believe in future I will be successful a trader like Ross! Thank you Ross Cameron for all! Good luck everyone!

    • @DaytradeWarrior
      @DaytradeWarrior  11 дней назад

      Great job! make sure to check out the 2 week trial ! www.warriortrading.com/pro-preview-trial/

  • @MadWaloo
    @MadWaloo 9 месяцев назад +4

    So where can you open a brokerage account in the USA as a non-accredited beginner investor that allows 5x leverage?

    • @Ulfius1984
      @Ulfius1984 9 месяцев назад +2

      He's using CMEG that's an off-shore broker

  • @ikisssoulskizzy2515
    @ikisssoulskizzy2515 8 месяцев назад

    Which vid is episode 2 of this small acct challenge .....u are a true blessing to us all diving into trading 🙏🏽

  • @vqfive
    @vqfive 9 месяцев назад +3

    Can you share with us which broker you went with?

    • @DaytradeWarrior
      @DaytradeWarrior  9 месяцев назад +1

      Hey! You can see the two international broker choices here: www.warriortrading.com/best-online-stock-brokers/

  • @ciaspo
    @ciaspo 9 месяцев назад +2

    Joining you with a small account challenge of my own🤞 Thank you very much for doing this! 🙏

  • @eugeniosocorro914
    @eugeniosocorro914 9 месяцев назад +2

    Ross this it’s going to be epic just to learn and see you with small account for free in RUclips I can call you crazy, this cost more than the so called university. Thank you Ross for this idea to begin the new year 2024

  • @TraderLane702
    @TraderLane702 5 месяцев назад

    I made money paper trading today. I am really struggling mostly with operating the platforms. They aren’t that “user friendly” for new users. It’s a real struggle.

  • @inputexpert
    @inputexpert 9 месяцев назад +3

    GMBL JAN 3 2924 ???

    • @Brani1974
      @Brani1974 9 месяцев назад +2

      Exactly what I'm confused about as GMBL did nothing of that sort...

    • @Brani1974
      @Brani1974 9 месяцев назад

      Must be from 23rd of December..

    • @inputexpert
      @inputexpert 9 месяцев назад

      traded tos ondemand dec 22 entry at $5 made $220

  • @SqueakyNinja205
    @SqueakyNinja205 8 месяцев назад

    I feel I learned so much from this 1 video and I look forward to watching the next episodes. I do like that you will take the broker fees into account; however... You might have resolved this in the next episodes but right now you are not taking into consideration of the cost to have access to the scanners. Your Day Trade Dash costs 197 a month and I think that should be added to your overall costs

  • @consciousinvestmenttoday
    @consciousinvestmenttoday 9 месяцев назад

    Oh the old days 😊 today I have also based on your credit score leveraged accounts and receive 25% of my settled cash value. Less percentage to Profit with greater capital. I LOVE the market, it's not hard when you enjoy what you're doing. Great video

  • @henrymarlowe8766
    @henrymarlowe8766 6 месяцев назад

    I’ve cruised through a lot of content to learn about trading and your’s is about the best, most comprehensive breakdown! Thank you for your videos. I can appreciate that you show your losses too unlike most.

  • @Robloxisslay6799
    @Robloxisslay6799 5 месяцев назад +2

    We literally have a 50/50 chance of chosing the way a stock will go. Why are we always wrong when statistically 50/50 is not bad odds. Predictably a beginner starts out by betting their chosen stock will go up and it inevitably doesnt. Then predictably we jump out on the way down so we dont lose all the money and the people dumping and shorting the stock collect then they buy it back when its low and wait for another sucka. Being predictable is not a good thing for us. Im going to totally test the market by doing the opposite of what i have done and normally would do. Or do both bet on it and bet against it at the same time to see what happens. Im going to practice not being predictable.

  • @lamuertenomeasusta2359
    @lamuertenomeasusta2359 9 месяцев назад +2

    I love everything you do
    can you give us 3 days to open and account
    Please
    Who are you using like broker and platform???

  • @Benbrabu
    @Benbrabu 5 месяцев назад

    Man 1:30 into the video and I'm am already out. I'm looking for a video that deals with $1000, no margin, no international, no day trading. But thanks for the videos you do a lot for trading education.
    I just need something that I can relate to. I'm not in a position to want to use margin or international accounts.

  • @richardlaporte2913
    @richardlaporte2913 9 месяцев назад +2

    I love the pull back strategy. I usually wait for 2 green candles. Doesn't work all the time.

  • @BIGCAT-1985
    @BIGCAT-1985 9 месяцев назад +2

    Thank you for sharing the psychology behind starting a small account challenge and the guardrails you will be adhering to. Love your content always!!!

  • @foxx2003
    @foxx2003 4 месяца назад

    Hi Ross, what international broker did you use? I saw on your website two of them but which one you prefer? What software did you use? From my understanding you use your scanner and chart and buy/sell in the broker software?
    I have so many questions for you...

  • @empressswiss2080
    @empressswiss2080 9 месяцев назад

    I would have loved to see u do this small small account challenge with a futures trading account instead only because its outside what u usually trade, u dont have PDT to begin with and instead of thousands of shares ur using a smaller amount since ur trading contracts.
    Would have been really exciting and fresh. Plus u could trade ur stocks in the morning, keeping ur regular trading and then move to the futures market when u get done trading stocks to take on the challenge since its just a challenge or if the day is slow for stocks u can just take on the futures challenge.

  • @zaetv6017
    @zaetv6017 9 месяцев назад

    Ross your a don for helping us retail traders find a strategy to grow a small account love and respect ✊🏾

  • @aldenboon2399
    @aldenboon2399 9 месяцев назад +1

    Omg this is a sign. I have been wanting to upsize and trade with $1000 and you release this video.

  • @michaelduff4978
    @michaelduff4978 9 месяцев назад +1

    What are some of the best FREE/BEGINNER stock scanners to mimic his tool setup?

  • @jerryoconnor6770
    @jerryoconnor6770 3 месяца назад

    Your videos are invaluable to me. You model all the pitfalls I have been through and have helped me so much. My trading has changed much for the better. I think you do this because you just plain enjoy it. It is hard to express just how grateful I am. Of particular use for me are the comments on getting out instantly if the price does not go how you predicted. I intend to hold waiting for price to turn in my direction. Sometimes it does, but mostly it just cleans my pockets.

  • @maria198077
    @maria198077 9 месяцев назад +1

    Ross, You are great in trending also teaching, leverage is something i never use because the high risk,i understand you so it because you have the knowledge installed in your mind, just wanted to say thank you for sharing and inspiring to continue.

  • @SuperBigbill2
    @SuperBigbill2 8 месяцев назад

    Once again Ross, another brilliant tutorial, your really educating me, I hope your happy with that fact. I have ticked the box, so I hope that helps you towards your new equipment, that’s required to be able to do better trading, I can not wait for the day, when I am buying my new monitor’s, but I thought you just might like to know I have a brought a brand new laptop, for when I start trading for real, hopefully that is not to far away, already looking forward to your next lesson.
    Thank you so kindly
    Bill.

  • @MiguelGarcia-vj7ju
    @MiguelGarcia-vj7ju 8 месяцев назад

    I still do not see complete the video, just paused it to thank you for all beginners here, including me... regards from Caracas, and now lets`s continue !!

  • @adampeters550
    @adampeters550 3 месяца назад

    this is exactly what I've been looking for when I search "how do I invest in the stock market?" excellent job!

  • @abdurashidali1849
    @abdurashidali1849 8 месяцев назад

    What trading platform are you using. Do have a recommendation?

  • @caseydraper4112
    @caseydraper4112 9 месяцев назад

    Ross, I started the TS challenge a few months back and am losing my butt. The "training" is terrible and waaaay outdated, the cost is insane. Unfortunately, I still owe a huge payment to that team for 8 more months. I watch your videos non-stop and learn a ton more from you. Once my TS challenge is paid off, I plan on being in touch with your team. Keep up the good work.

    • @tonyrichmond9428
      @tonyrichmond9428 9 месяцев назад

      8 more months? Holy smokes! What is TS?

  • @mikolots
    @mikolots 9 месяцев назад +1

    This is awesome. The production setup and everything.

  • @theloveofdogs-db2wb
    @theloveofdogs-db2wb 9 месяцев назад +1

    Really enjoyed this, would have been great to see you do this without leverage.

  • @ShelbaBeers
    @ShelbaBeers 9 месяцев назад

    As a newbie about to invest, you must have these three things in mind
    1. Have a long term mindset.
    2. Be willing to take risk.
    3. Be careful on money usage, if you're not spending to earn back, then stop spending.
    4. Never claim to know - Ask questions and it's best you work with a financial advisor.

  • @at_all_cost5016
    @at_all_cost5016 9 месяцев назад

    This was exactly the kind of info I was looking for, specifically on how to choose a stock to trade. Many thanks!

  • @ChristianGutierrez
    @ChristianGutierrez 9 месяцев назад +1

    Can you do a US based $1000 challenge, no margin, under PDT rule? That is what we live under.

  • @laurenw3787
    @laurenw3787 9 месяцев назад

    This caught my eye and I am impressed with your kindness and compassion... rare qualities today. Thanks

  • @julianjosiahmoya7899
    @julianjosiahmoya7899 9 месяцев назад +1

    As a first timer. The info I need is what site/broker I should be using as a demo to copy what he is doing.

    • @DaytradeWarrior
      @DaytradeWarrior  9 месяцев назад +1

      You’ll want to use a simulator before putting real money in the market! In my next episode I’ll share more details!

    • @DaytradeWarrior
      @DaytradeWarrior  9 месяцев назад +1

      Hi! You can see the two international broker choices here: www.warriortrading.com/best-online-stock-brokers/

  • @Zakram0901
    @Zakram0901 23 дня назад

    wonderful work you are a great teacher i appreciate the knowledge you wiling to share

  • @lifemile1587
    @lifemile1587 9 месяцев назад

    It is very helpful when you stop like you have in your past and just hit the reset button, and rebuild. Brings into perspective that you can truly just start or keep trying to get to where we would like to be in our own trading paths.

  • @BackRoadBound
    @BackRoadBound 9 месяцев назад

    Great video!
    I have a hard time accepting loss and need to learn to cut early. I will get a few wins, build up a cushion, but then catch a bad trade. Hold too long, finally accept my loss, cut and give it all back. I need to recognize/accept that stall out and cut right away.

  • @ExploitTheVibe369
    @ExploitTheVibe369 12 дней назад

    I think you should ellaborate on how news is manipulated by smart money. You should explain how the news doesnt always get you paid. Always have a stop loss. AlwaYs stick to technicals.

  • @Kmike54
    @Kmike54 9 месяцев назад

    Thanks so much Ross I’ve been studying and practicing diligently. Currently going sideways but I will not give up. I’m hoping to make the swing to profits soon. I’m taking it very slow. Thank you for everything. I will not give up.

  • @henrymarlowe8766
    @henrymarlowe8766 6 месяцев назад

    I just took my first loss after 10 days straight pulling 8% a day average. Not too bad for a beginner right? Obviously I still have some lessons to learn and plan to keep improving.

  • @mzzm8850
    @mzzm8850 9 месяцев назад +2

    Hey Ross - you’ve helped me so much along the way… thank you. Quick question… entries/exits all at the bid/ask? Or Market orders? Any changes here with a small account?

    • @DaytradeWarrior
      @DaytradeWarrior  9 месяцев назад +2

      These are limit orders buying mostly at ask and selling at bid or ask depending on selling into strength or bailing out

  • @Hismajesty26
    @Hismajesty26 9 месяцев назад

    Hi Ross! Happy 2024. Tell me please you are placing limit orders in premarket? How do you do that so fast to get in and out with Limit orders please. Thank you!

  • @myownbiggestfan
    @myownbiggestfan 9 месяцев назад +1

    Would love for you to do this without whatever leveraging you have going on. I for one, can only spend what's in my account.

  • @dec221974
    @dec221974 9 месяцев назад +1

    Love the small account challenges. Great first video.

  • @markbrooks7496
    @markbrooks7496 2 месяца назад

    Could you create a video demonstrating how to place an order on a 10sec (Buy and Sell)? with Hot keys