The #1 Day Trading Strategy for Beginners | Backtested With 24,234 Trades

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  • Опубликовано: 16 янв 2025

Комментарии • 111

  • @DaytradeWarrior
    @DaytradeWarrior  Год назад +8

    Checkout my new book! How to Day Trade: The Plain Truth a.co/d/aqBAb95

    • @hassanahmed6979
      @hassanahmed6979 Год назад

      thanks

    • @johnhaden
      @johnhaden 10 месяцев назад

      Ross… any chance you’ll have the book converted to an audio book?

  • @fake9340
    @fake9340 Год назад +6

    Iv been watching all your videos! Your teaching skills are awesome iv learned alot! Also bought your book

  • @TheArt0053
    @TheArt0053 Год назад +4

    I like your real life example actually.. It didn't really match your lesson but for someone going through the learning process, it's nice to see what you were thinking at that time

    • @dennisdavis9602
      @dennisdavis9602 Год назад

      They do that purposely. These webinars that they show as learning , are really a phishing scheme. They only tell you so much to get you interested in them, so that you are more likely to buy their products or real life training for exorbitant prices. I personally feel that we shouldn't be charged at all, because most these pros got their traing for free. Alot of them came from Wall Street where they got a job on the "floor" which paid them, and then they started asking questions that they got answers to their learning for free.

  • @darrenholmes1398
    @darrenholmes1398 Год назад +2

    Ross, with premarket conditions being as youbdescribed, how do you approach the 9:30 through the first 5ish minutes? I see a lot of stocks get crushed downward in this period. Do you wait for some of that initial volatility to die down? Ive often bought quickly for a squeeze, only for it to drop .50 per share instantly. Thanks for all the videos recently!

  • @allwedoistwin
    @allwedoistwin Год назад +4

    I noticed people run these stock up before 7am the days which really sucks 😞. Thank you for all you do for the community Ross. Forever grateful

    • @DaytradeWarrior
      @DaytradeWarrior  Год назад +2

      There really isn’t much volume before 7 AM on most days though I wouldn’t get too much FOMO over it

    • @allwedoistwin
      @allwedoistwin Год назад +1

      @@DaytradeWarrior is this someone from Ross's Media team? Are you a trader as well?

    • @paramountx
      @paramountx Год назад +2

      ​@@allwedoistwin I'd like to think it's Ross. I think he's genuine like that

    • @allwedoistwin
      @allwedoistwin Год назад +1

      @@paramountx a while back he mentioned he has a team to reply.... Actually about 3 years ago

    • @infinitelyllc
      @infinitelyllc Год назад

      @@allwedoistwin It is normally the team but sometimes it is him. This time of year you never know, it could really be him working on promotions. I was kinda bummed when I realised a girl was answering all the comments about how awesome Ross is. :) He has a life outside of utube, so good for him. You can tell the difference between him and the team most the time.

  • @jazmiller8947
    @jazmiller8947 Год назад +2

    Very helpful, thank you 🙏

  • @FernandoEscobarPreMBA
    @FernandoEscobarPreMBA Год назад +1

    Great video!

  • @KGDRAWROF
    @KGDRAWROF Год назад +1

    4:30 Hey Ross, this stock never traded at $3,000. When the stock does splits and reverse splits, the values change retroactively and make the stock look like it traded at thousands per share, but it's not true.

    • @DaytradeWarrior
      @DaytradeWarrior  Год назад +2

      Yeah I know I just wanted to make it simple for beginners by not getting into reverse splits this early in the video

    • @KGDRAWROF
      @KGDRAWROF Год назад

      @@DaytradeWarrior Understood!

  • @xryanmurphyx
    @xryanmurphyx Год назад +2

    Thank you so much for continuing to post all this awesome content. We all really appreciate the time and effect you put into these videos.

  • @Elie941
    @Elie941 Год назад +1

    All the time you r the best Ross ❤

  • @slydon75
    @slydon75 11 месяцев назад

    Thank you for the info!!!

  • @istvantorok26
    @istvantorok26 Год назад +2

    Another excellent trading lesson !! ❤❤❤❤ thank you for all your work !

  • @ChrisConti-dw2pu
    @ChrisConti-dw2pu 11 месяцев назад

    Great job, Ross. Thank you.

  • @mgc332
    @mgc332 Год назад +2

    i dont short, which seems like the most obvious play at the bell for PM gappers, so I'm always white knuckling long positions after a gap. Once I get a margin account, shorts will be thy name.

  • @EagleMonster77
    @EagleMonster77 Год назад

    Ross, congrats on your book reaching the top! I am getting it as a Christmas present. Can't wait to read. Also thank you for the videos they have been very insight and helpful. I am grinding with a small account to see if I have it takes. I have had great days and bad days. If I reach a certain point, I would love to use that money to join your squad until then it is a little out of my reach but will continue to follow strong on RUclips.

  • @1realtruthrightnow742
    @1realtruthrightnow742 Год назад +2

    What two scanners do you use for the beginning of the day? This question is for Ross and others

    • @DaytradeWarrior
      @DaytradeWarrior  Год назад +1

      Top Gappers or Gainers and my Momentum Scanner!

  • @nickboork
    @nickboork Год назад

    Ross, Awesome!!! Bought and read your book on Kindle. Learning a ton from you. MEGA thanks! Hey if you buy premarket do you typically hold it through the opening at 9:30am and then decide to keep a little longer or do you sell at the first red candle after the open? Trying to get better at my entries and exits. Any feedback if greatly appreciated.

  • @DeplorableKulak-vp8ej
    @DeplorableKulak-vp8ej Год назад +1

    THANK YOU FOR MAKING THE VIDEOS ROSS. YOU HELP SO MANY FUTURE TRADERS . GOD BLESS YOU ROSS AND THANKS 👍

  • @danieldengL4R
    @danieldengL4R Год назад +3

    Hi Ross,
    How do you determine your max loss for the day? Is it an arbitrary number or did you consider some factors to arrive at it?

    • @Freedom-cm2lo
      @Freedom-cm2lo Год назад

      i believe its the same amount as his daily goal. or you can use half your daily goal

  • @izzynicholas3050
    @izzynicholas3050 10 месяцев назад

    Thank you !,,,,

  • @reuben3454
    @reuben3454 Год назад

    Thanks for your helpful videos, which brokerage and platform you trade with? 🙏

  • @NLARA01
    @NLARA01 Год назад

    Thanks for the video sir

  • @RosadorcasSladeWiggins
    @RosadorcasSladeWiggins 3 месяца назад +4

    I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?

    • @adelineChulack
      @adelineChulack 3 месяца назад

      Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

  • @fraulein76
    @fraulein76 10 месяцев назад

    Thank you

  • @ryanadams0922
    @ryanadams0922 Год назад

    please keep posting mid day recaps these are very helpful also post your wins and losses

  • @MikeWild-s2b
    @MikeWild-s2b Год назад +1

    Stumbled across your channel doing research after reading “how to day trade for a living” by Andrew aziz. Not a trader yet myself but hoping to change that soon. Thanks for the great explanations on everything I’ve watched so far. Ordered your book just now and looking forward to it coming in. Thanks again!

    • @DaytradeWarrior
      @DaytradeWarrior  Год назад

      That person with the whatsapp group is an imposter by the way. We don’t run anything on telegram or WhatsApp.
      I helped inspire Andrew to write his first book after he watched one of my classes. You should check out my newest book. How to Day Trade: The Plain Truth a.co/d/8UTNcGt

  • @rossluzz
    @rossluzz Год назад +3

    Great video, but was hoping for more horse drawings 😅

  • @lemonsmind2575
    @lemonsmind2575 Год назад

    Is there a possibility to make a level 2 video in detail and what you watch the most and how to be better at reading level 2?
    Amazing job ross keep it up!!

  • @differencebetween6823
    @differencebetween6823 Год назад +1

    If you buy pre-market sell before regular hours start because sometimes, you would see for example a stock pops up to $7.00 in pre-market but opens at 4.00 at regular opening hours. You hold them all day long hoping that itd go up and that doesn't happen making you a bag holder. 😢

  • @thegamerboneless2864
    @thegamerboneless2864 Год назад +1

    Do you use that 10sec chart for live trading or just to teach. I never used a second chart or tick chart. Seems like a lot of noise, but boy that was some breakdown. You basically taught the workings of the candle/Market. Awesome.

    • @DaytradeWarrior
      @DaytradeWarrior  Год назад +2

      I mostly use it for teaching but I do use it for trading in some cases like around halts, on IPO’s and on really fast moving stocks.

  • @tanyagreen2053
    @tanyagreen2053 9 месяцев назад

    Hi Ross
    Do you teach in person or are your classes just online?

    • @DaytradeWarrior
      @DaytradeWarrior  9 месяцев назад

      All of course courses are help online. You can learn more here: www.warriortrading.com/memberships/

  • @willywonka077
    @willywonka077 Год назад

    Good stuff

  • @GCSJR
    @GCSJR Год назад +1

    Hi. Appreciate your RUclips videos! What program are you using in this video to list the stocks you are looking at? Is it available to others? Where can I get something like it that is customizable, either for free (prefer) or for one-time or monthly fee? Thanks!

    • @GCSJR
      @GCSJR Год назад

      Your scanner

    • @GCSJR
      @GCSJR Год назад

      Sorry…I just saw you answered my question also for someone else below.

  • @FFFF-td2hl
    @FFFF-td2hl Год назад

    Thanks for the video but how to set your entry and stoploss with this strategy

  • @mikenobles1515
    @mikenobles1515 Год назад +2

    WE appreciate you so much Ross for these videos lately... Feels like you been putting out complete bangers everyday for the last two weeks. I have been watching every second of each video with full attention in order to break free from modern day slavery lol. I want to make it so bad in trading and you break it down so simple to understand and I am just so thankful as your channel has grown to be just a complete life changing place rather than just a chatroom. 🙏

  • @fake9340
    @fake9340 Год назад +1

    How would I scan for the best stocks to day trade? I can't find anything like your set up that really helps narrow down stocks

    • @DaytradeWarrior
      @DaytradeWarrior  Год назад +1

      All members can add the scanner tool to their membership. This powerful tool is ready "out of the box" and doesn't require any programming or complicated setup. These are the same scanners that Ross uses to find opportunities in his day-to-day trading. Stay tuned for more information!s

  • @20sprint12
    @20sprint12 Год назад +1

    Looks like you might be thinking about putting out a scanner app?

    • @DaytradeWarrior
      @DaytradeWarrior  Год назад

      We already have one! www.warriortrading.com/day-trade-dash/

    • @20sprint12
      @20sprint12 Год назад

      Lol that's more than a app but I get it lol
      Hopefully there is a really nice Christmas discounts for that. 🤞

  • @walidgamal9309
    @walidgamal9309 Год назад +1

    Hi Ross, I know you day trade the samll price stocks, does this strategy apply to mega capital stocks, i.e $20 and up stocks or it's only for penny stocks?

    • @deyunass168
      @deyunass168 9 месяцев назад +2

      I think you can attend the professor's lectures in person, right inside his club.

    • @walidgamal9309
      @walidgamal9309 9 месяцев назад

      @@deyunass168 Thank you Mitchell for your answer, have a good day.

    • @walidgamal9309
      @walidgamal9309 9 месяцев назад

      @@deyunass168 Thanks for the answer

    • @walidgamal9309
      @walidgamal9309 9 месяцев назад

      @@deyunass168 Thanks for your reply

  • @MichaelBuccelli
    @MichaelBuccelli Год назад

    Great videos! I am fine getting in at the right time from your strategy, but I do not know when a DIP is a simple dip to buy at (like you do) or a reversal! I see my profit dropping and almost always bail out with a small lose. Of course, it then breaks and i rebuy higher and then it happens again. GROUND HOG DAY!!! What are the indicators that say to buy the dip vs jetting? I get the volume, Doji's, L2, etc, but what signals to YOU that is a flush or a buying opportunity when dipping? I have watched you down a lot, then you buy...but you usually advice against buying to average up. HELP. I am killing it in paper trades but getting killed in cash. Thanks WT!

    • @DaytradeWarrior
      @DaytradeWarrior  Год назад

      Ross did a video on this here: ruclips.net/video/nH-z-089CgM/видео.html&ab_channel=WarriorTrading

  • @KalSkirata96
    @KalSkirata96 Год назад

    Ross, are relative volume and volume index essentially the same thing?

    • @DaytradeWarrior
      @DaytradeWarrior  Год назад

      No, relative volume is calculated based on one stocks prior volume performance.

  • @timmiller3177
    @timmiller3177 Год назад

    Can you share who you signed up with to start your small trading account?

    • @DaytradeWarrior
      @DaytradeWarrior  Год назад +1

      There's a helpful article in the description of this video: ruclips.net/video/iBNcF_lPBIg/видео.html&lc=UgwcUR0wPsxCS4WfG_B4AaABAg

  • @ismaelamaro7728
    @ismaelamaro7728 Год назад

    Is that a one minute chart?

  • @jdash428
    @jdash428 Год назад

    You have so many videos i have no clue where to begin... i have a friend who studied your courses in depth and has grown 1k into over 250k... im beyond a beginner (and also lack the finances to invest in the courses and subscriptions that he has invested in)... my friend recommends a lot of video watching... advice on where to pinpoint my energies please 🙏 i currently work over 60 hours a week barely able to float my bills... in dire need of help on how to "move up" outta this trench of life I'm in.

  • @gibfortune
    @gibfortune 11 месяцев назад

    🥂🔥Thanks for the awesome content. If this is the #1 STRATEGY FOR BEGINNERS, does that mean there is a different #1 strategy for experienced traders?

  • @housemansson
    @housemansson Год назад

    Love your content! Of all traders I’ve seen your style of trading is the most familiar to me. I’ve only been trading for about a year effective time and my all time P/L is red but this month is about to be my first green month if I hold out a few more days without doing stupid things 🙂
    Would you call yourself more of a discretionary trader or a system trader or bit of a mix?

  • @trinitywallace9368
    @trinitywallace9368 Год назад +1

    Could you start with as little as 50 dollars and make any kimd of profit even if its just a few dollars? Do you have to only trade penny socks? Any info helps, thank you 😊

    • @DaytradeWarrior
      @DaytradeWarrior  Год назад +2

      We actually get this question a lot, so we wrote a blog post to help explain in a little more detail. 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/DjRX_GJ7RBM/видео.html
      ruclips.net/video/GsTPr05KjrA/видео.html

    • @trinitywallace9368
      @trinitywallace9368 Год назад +1

      @DaytradeWarrior Thank you so much and thank you for helping so many people get started and literally change lives

    • @leonardkipyegonlive3903
      @leonardkipyegonlive3903 11 месяцев назад

      What is the minimum amount to start stock trading

  • @tjisnotthatstupid
    @tjisnotthatstupid 9 месяцев назад

    Ross! Thank you so much for your invaluable lessons. I’m just now starting my journey and I’m addicted to your videos. Thanks so much 🙏🏼

    • @deyunass168
      @deyunass168 9 месяцев назад

      I think you can attend the professor's lectures in person, right inside his club.

  • @syedabegum4539
    @syedabegum4539 Год назад +1

    Hi

  • @pilotnamealreadytaken6035
    @pilotnamealreadytaken6035 Год назад

    Your beard is more red than in your older videos 🔥

    • @pilotnamealreadytaken6035
      @pilotnamealreadytaken6035 Год назад

      I'm trading with about 500 bucks right now in RH and 100 in webull... no PC yet but I'm also limited by the 25k rule . Having two trading accounts will let me get 5 trades a week... but I'm also working as a mechanic in business hours... im having to find and make fairly snap decisions and set up a limit sale if it goes up... so I'm not constantly watching my phone lol
      I appreciate your content. It helps seeing your decisions and process...
      I'm 55 shares deep on ALT, waiting for it to bump by the end of the year.
      Thanks again for your content brother. 🙏

  • @cjack202003
    @cjack202003 Год назад

    I suck at gap and go. Every time I buy the gap...it tanks all day

  • @mayoversand2837
    @mayoversand2837 Год назад +1

    There are no halts pre-market. That's a dig difference from regular. That's where you made most of your money. Be fucking honest, Ross.

  • @alivann
    @alivann Год назад +1

    Ross

  • @tronghungdao251
    @tronghungdao251 Год назад +1

    ❤❤❤😮😮😮😮😅😅😅🎉🎉🎉

  • @hadiza1
    @hadiza1 Год назад +1

    💚

  • @86dfantaxy
    @86dfantaxy Год назад

    How does a stock (BDRX) go from $3000 to $2 lol

    • @twinblade63
      @twinblade63 Год назад +1

      it was never $3,000.
      the reason it looks like that is becuz there have been several reverse stock splits over time (as discussed in the video) but the chart only knows how many shares are outstanding (the "float" - also discussed in this video) as of today, right now, even if you scroll back several years to time periods BEFORE said reverse splits occurred.
      so the chart displays a drastically inflated price simply in order to make the math work once you multiply (or divide? this part im not sure on, lol) that old price by the current float.

  • @Firemedic2105
    @Firemedic2105 Год назад

    So when your P&L has lower highs and lower lows, you are on the back side of your day??? 🤔🤪

  • @derekwfrazier
    @derekwfrazier Год назад +1

    Damn you sound tired man.

  • @JoJo-dh4xg
    @JoJo-dh4xg Год назад +5

    Thy stock has never been $3000 per share. Never ever! If you don’t know that several years of reverse split price adjustments has caused it to seem it’s reached such price before maybe you shouldnt be teaching beginners. The stocks is literally doing R/S every gaddamn year. Next 10/1 reverse split will put the historical price to 30,000

    • @DaytradeWarrior
      @DaytradeWarrior  Год назад +22

      Of course I understand how reverse splits work. I didn’t think it was worth spending the time explaining how they work in this beginner class. It doesn’t change the discussion around gaps and what they look like on a chart. I try to avoid going on deep tangents and stay focused on the topic at hand www.warriortrading.com/stock-split-definition-day-trading-terminology/

    • @infinitelyllc
      @infinitelyllc Год назад +14

      Excellent observation; however you are quite rude and clearly unaware of who Ross is. Do you think that the best day trader and teacher in existence should not waste his time with begginers like us? I think you may be correct but I am sure glad that he likes to teach. It's his way of giving so I wouldn't diss it just becaue you aren't ready for it. Take some time please and self study a bit to get ready to take notes on Ross' lessons. The favor you are doing is for yourself.

    • @John_247
      @John_247 Год назад

      You should look at BRK.

    • @MrBstuy
      @MrBstuy Год назад +13

      Wait a minute…. If you are such a know it all and so advanced, why would you be wasting time watching a video that clearly for a “beginner”. 🤔

    • @tylerjohncarroll
      @tylerjohncarroll Год назад +5

      You are quite rude and should really settle down a bit.
      I feel like you think you got Ross in a "gotchya" situation when you really have not.
      I have takin Ross's courses and trying to become a successful trader my self and can tell you for a fact without a doubt he completely understands reverse splits and goes into exact detail to explain what they are in his course I'm sure he was biting his tongue in order to set it to the side in this video in order to not make it to long. I mean the video was already 46:30 long and explaining a reverse split is unnecessary for him to explain for the point he is making in this video.