Finishing Friday with 100% accuracy: 6 trades 6 winners!

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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/
Contact Info: https://www.warriortrading.com/contact/
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.

Join our Free Day Trading Chat Room here: https://www.warriortrading.com/free-day-trading-chat-room/

20 COMMENTS

  1. I started learning about trading 3 days ago and please help me find an answer to this questions.

    I opened a Demo account on MT5 with 1000 dollars and for now my strategy is to have 1% risk and a win /loss of 2:1.
    My question is: what lot size should i buy in order to have a 20 dollars in pips win and 10 dollars in pips lose. Is this the way i should think about it?

    Also what does it mean that i buy Volume: 0.01 or 0.1? I found that 0.01=10cents per pip and 0.1= 1 dollar per pip but that doesnt seem to make sense because even if i place an order it wont increase/decrease by 1 dollar per pip.

    And the last one: what does it mean that i buy a volume of 0.1 at a merket price of, lets assume, 1.24109. What does than mean??? And why my order as soon as i place it is negative by at least 50 cents.?

    I dont know if my questions have any sense, if not, could you please tell me what a smart question whould be?

    Thanks

  2. Ross, u are indeed a pro making money on FTFT. I am a beginner day trader… bought 2k shares on a stop limit order. Was stopped out of the trade in literally 5 seconds with a couple hundred dollar loss. Obviously I have a lot to learn!

  3. In the analysis videos, buyers and sellers are mentioned, but it seems like these concepts are ignored during trading? For example, FTFT had a beautiful rounded bottom, and so the momo trade long was a good call. But the entry is actually only a few cents or a little more from a major selling area. Had that been factored in, taking the high of pre market was definitely lower risk, in my analysis. In fact the losers from earlier in the week ALL did similar; sold off in supply.

  4. Congratulations Ross, I'm just starting on a simulator and look forward to sharing in profits with you down the road! Thanks for keeping me up to date and providing the information to learn and hopefully succeed. Cheers!

  5. Is Lightspeed what you use to buy/sell? I've just been dabbling in Robinhood because of no fees but it doesn't really allow for much in day trading. Is Lightspeed the most cost efficient buy/sell tool to use? Do you have any videos on choosing? Thanks!

  6. FTFT was great today, I got scared after a 25 cent winner and was hesitant to scalp and missed out on probably another 20 cents… and then lost 5 cents and called it a day with a .18c/share or so green day… not bad I guess

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