Day Trade Recap: He Who End Day Green, End Day Happy! +$5,150!

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FREE eBook: “How to Day Trade” | Download Now: http://webinar.warriortrading.com/signup

Another great trading day! This month has been amazing with big day after big day after big day. Hopefully this momentum continues. $BLNK (Blink Charging) +$3,814.19, $VVPR (VivoPower International PLC) +$1,343.31, $L (Loews Corporation) -$7.00

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I teach Day Trading Strategies for Beginner Traders.  I focus on Momentum Trading Strategies including Gap and GO! and Trend Finding Strategies.  All of our classes are available for immediate streaming at https://www.WarriorTrading.com.

// Helpful Links
Day Trading Chat Room: https://www.warriortrading.com/day-trading-chat-room/
Premium Trading Courses: https://www.warriortrading.com/trading-courses/
Gap and Go Trading Strategy: https://www.warriortrading.com/gap-go/
Momentum Trading Strategy: https://www.warriortrading.com/momentum-day-trading-strategy/
Reversal Trading Strategy: https://www.warriortrading.com/reversal-trading-strategy/
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Twitter: @daytradewarrior @swingwarrior

“Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime”…

// Learn How to Day Trade and Learn How to Swing Trading
As Day Traders and Swing Traders our mission is simple. We are looking for stocks that we expect will move in a predictable direction. We want to take a position with a predefined stop level and profit target. Sounds easy right? In a lot of ways it is. But there are literally thousands of different strategies for trading the market. Every trader has a unique approach to trading. Our goal is to teach you our strategies. I have developed a series of profitable trading strategies for beginners. Our Trading Courses focus on the most fundamental aspects of a successful trade.

// Chart Patterns
After you understand risk management and proper stock selection, we teach you how to find stock patterns on charts. These patterns are how we base our risk and reward. We look for chart patterns that have well defined areas of support and resistance. We will use previous support levels as our stop price, or our risk, and we look at previous resistance areas as our initial profit target, or our reward. If the profit vs loss ratio is 2:1 we will take the trade. I teach both day trading strategies and swing trading strategies. For day trading we focus primarily on 5min charts while swing traders focus more on daily charts. The patterns in general are the same. I teach traders how to find patterns in real-time including Bull Flags, Bear Flags, Flat Tops, Flat Bottoms, and Rubber Band Reversal Setups.

// Trading Strategies
Learning risk management, proper stock selection, and chart patterns is important, but those alone don’t create a trading strategy. A trading strategy requires details on the time of day you take these trades, what type of stocks you like to trade, what percentage to success you expect. All our students are required to paper trade and prove to me that they can trade on a percentage of success that is high enough to justify real trading. If you can’t make money in a demo account, you have no business trading a real account. We have saved students hundreds of thousands of dollars by encouraging paper trading while they are learning. The market will be here for a long time to come. The important thing for you right now is to build up the skills to trade the market successfully. You will learn that once you possess the skills to consistently make $20.00/day all it takes to make $200 is larger share size. Then all it takes to make $2000 is again, larger share size. The hardest part is being consistently green just $20/day. So that is our initial target for all of our students. Profitable trading 4/5 days per week for at least 3 months.

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20 COMMENTS

  1. Hey Ross, I'm signing up with Suretrader and was wondering what's the difference between NASDAQ total view and basic level 2 and should I get it?

  2. Ross, what is the best route for executing trades through sure trade? My stop /limit orders keep getting triggered but not filled. The default seems to be SMAT routing.

  3. Great work Ross! I lost 2k on two first trades on BLNK which were false breakouts and stopped day red… Still have some problems with false breakouts…

  4. Hi Ross, how did you know to enter your second trade, the one at 09:30:53? That isn't the first candle to make a new, its inside the first minute candle and I don't understand what is the entry point there. At 2,11, it seems like it was going down and I don't see an entry point there.
    Really appreciate your videos man! Keep the greens coming 🙂

  5. Hey Ross! I was just wondering about when you started? For example how much were you down before you started to profit and how long did it take you to become consistent ?

  6. Hey Ross, I've been meaning to ask you this question. What are your commissions? I have watched several videos of yours — which are great, BTW — but you get in, you add, you scale out, and you close out later. That appears to me to be a lot of commission costs. I trade thru TD Ameritrade, which is $6.95 per trade. I am left to wonder why you don't hold stocks like BLNK for a few hours. It ran up from the opening range, and with the scalping you said you did, would it not have been cheaper to just hold? I ask this because BLNK was seeing great volume movement today, and I placed my sell order with a reasonable confidence that it would fill due to its range. It proved me right, but I am nowhere near the trader you are. But if you had just held your original positions for a few hours, would you NOT be better off?

  7. Do you use stop limits or just regular sell limit orders to get out your trades? I ask because today I put a stop on a stock at 1.21 when it was at 1.23 ask 1.22 bid then it hit 1.21 bid didn't fill then 1.20 didn't fill then filled at 1.19 for a loss.

  8. Today was a red day for me. There's a saying, "Just because you failed, doesn't make you a failure." Tomorrow will be a better day!

  9. Hey guys I'm thinking about getting into a business where you fix chips in peoples windshields. You make 65 bucks per fix and it literally takes 15 min per chip. The best news its free to the customer because insurance pays for it. What do you think? I'm trying to find a way to bankroll some cash so I can trade. Anyone see value in this? If you saw a sign that said free windshield repair would you stop?

  10. The early false breakout on blnk made me cautious of this stock. Left it in the sideline and didn't catch the fast pop and halt.

    And due to the false breakout, didn't chase the resume..

  11. We have to be careful when we say "we" bounced back. The market bounced back and "we" got to take advantage of it. We always try and take what the market God gives us. 2 winning scalps on TSLA calls today. Sweet.

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