THIS ⚠️ is why day traders LOSE money

Рет қаралды 58,388

Жыл бұрын

Click here to Access my Small Account Strategy PDF, Micro Pullback Strategy, My Technical Analysis Guide for Beginners, and receive a link via email for a two-week trial at Warrior Trading 🍏 warrior.app/truth-about-tradi...
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Warrior Trading // Ross Cameron // Day Trade Warrior

Пікірлер: 295

@rickyjennings8627 Ай бұрын

This is so true. Started in 2020. Took 4 yrs. Im finally recognizing patterns calling out trades ahead of time...half of the time I'm trading the same stocks and getting in at almost the same time as you im finally making money. 4 long yrs. Everyone forgets the turtle won the race.

@K69Cam Жыл бұрын

Awesome video Ross. I have noticed this to be true but fell into the mindset of my small size needing bigger moves while being bull-headed and not taking the small wins instead. It's actually why I would go a week or two of small green trades and then lose all that progress in one day. I would lose patience in small gains while comparing my wins to huge wins of other traders and knowing I need to take more risk I was doing it incorrectly. If I stick to small wins Im green 70%+ of the time and I know I need to stick with that even though it'll take longer to gain what I want to gain. Thanks for the reminder brother.

@jointradetips Жыл бұрын

yes SMARTER not harder! I always tell my guys "why reinvent the wheel" as well

@DaytradeWarrior Жыл бұрын

🤓👍

@19chucksmith70 Жыл бұрын

Quite possibly the best video ive seen on trading! Hit the nail on the head! Thank you.

@JenMarco Жыл бұрын

If those stats are accurate and 90% of the people who tried day trading fail and move on to something else, I believe it’s because they thought it would be easier and decided to go the easy route and work for a guaranteed paycheck every week or they gave up and didn’t give themselves enough time to become successful. I’m a firm believer that we can do anything we’re willing to work for and not give up. Some people take a year, others take several years but anyone can do it if they don’t give up

@nathanmccullough7755 Жыл бұрын

100% agree. Trading is HARD but it is possible. Most people can't or won't take the time to learn it properly or they size too large too soon and blow themselves up.

@DaytradeWarrior Жыл бұрын

👍🤓

@damiankruhmin2624 Жыл бұрын

Don't look into the "90%" number. 90% of all restaurants fail in the first year. 90% of all businesses in, in general, fail. The reason is 90% of all people can't run their own business. 90% of all people "try" to start their own business, fail, and quit. End of story.

@shawnalexander7914 Жыл бұрын

True but people also do lose their whole life savings day trading. Don't give up is an easier meaning for something that won't ruin your life

@garouthetiktokinfluencerhu9731 10 ай бұрын

@@shawnalexander7914 the same can be said for anyone trying to starting a business You put all of that money into a business and for whatever reason it fails, then what? You have the potential to lose hard in both. The only difference is that trading allows you to have a better control in how much you’re willing to lose.

@pn4640 Жыл бұрын

Thank you Ross. You are the best. Today was a great day…did not break my rules and made money with GNS. Last week was bad very bad losses. I pray for a great week and days to come for all of us. What I have learnt from you Ross is priceless…from Canada 🇨🇦 with much appreciation

@DaytradeWarrior Жыл бұрын

You're welcome!

@JESS-CH Жыл бұрын

GOLD. Great analogy, great story telling, great lesson. Thanks Ross.

@DaytradeWarrior Жыл бұрын

You're welcome Jess!

@gonerc137 Жыл бұрын

Thank you Ross ! I’ve watched the video 2 times already ! You are the best teacher ! The way you talk to us it feels the most real and academic way to teach ! Thank you so much !

@DaytradeWarrior Жыл бұрын

You're welcome!

@hamzehghazawi9253 23 күн бұрын

thank you

@tracyneighbors7059 Жыл бұрын

VERY NICE COACH, LOVE IT, GOOD LESSON! THANX FOR THE DOWNLOADS, ALWAYS LEARNING! PEACE

@DaytradeWarrior Жыл бұрын

Thank you Tracy!

@rockstara.y.8653 2 ай бұрын

If I stick with this and pull this off you will have helped me turn my whole family around. Generations repaired because of my forward thinking in your coaching. my kids Thank you

@Exzal123 Жыл бұрын

So well articulated 👌 Thanks,

@DaytradeWarrior Жыл бұрын

My pleasure!

@AngelaAngela Жыл бұрын

According to your videos I watch everyday. I believe in Ross is not only a good teacher but also a very good person as well, by reminding us using margin is risky, starting with mini account first, and trading less until best setup shows up......Thank you so much my dear teacher.

@rockstara.y.8653 2 ай бұрын

You are so awesome for doing these for free man!!!

@lawrenceebo6261 Жыл бұрын

Good Information and Video Ross. Appreciate it.

@DaytradeWarrior Жыл бұрын

Any time!

@corey5495 Жыл бұрын

Very Valuable information.

@DaytradeWarrior Жыл бұрын

📚🙌❤

@misslyenastrama Жыл бұрын

this is such a random comparison but i love it. love that youre just in the middle of new England somewhere and not being fancy shamncy on wall street. it makes youre videos that much more interesting!

@DaytradeWarrior Жыл бұрын

Thank you Lyena!

@drivewithbishop4426 Жыл бұрын

Hey this is a FANTASTIC episode!

@DaytradeWarrior Жыл бұрын

Thank you!

@jgarard111482 Жыл бұрын

Appreciate you!

@DaytradeWarrior Жыл бұрын

Thank you!!

@AdventuresPUBG Жыл бұрын

Great video Ross.

@SagarSingh-bp9np Жыл бұрын

Thanks 🐐

@laffytaffycrew Жыл бұрын

Great advice coach!

@DaytradeWarrior Жыл бұрын

Appreciate it!

@MichaelChean Жыл бұрын

This is great advice, thank you!

@DaytradeWarrior Жыл бұрын

Glad it was helpful!

@Jake-xe9kt Жыл бұрын

So valuable--so appreciativated--such wisdom.

@mikemovila7732 Жыл бұрын

paper trading so much different than real trading you will be successful paper trading most instances but when you put real money in different story. mark my words

@DaytradeWarrior Жыл бұрын

Of course, happy to share!

@MattSchmittOnline Жыл бұрын

Great lesson Ross!!

@DaytradeWarrior Жыл бұрын

👍

@michaelroby6538 Жыл бұрын

One of your best & most simple videos yet...see you in the rooms.

@DaytradeWarrior Жыл бұрын

www.warriortrading.com/trading-courses/

@livewed Жыл бұрын

So true, it is important to appreciate small gains. I lost a lot of money trying to grow my money fast

@DaytradeWarrior Жыл бұрын

🤓👍

@tjsurich8187 Жыл бұрын

this is gold !!my mann!!

@DaytradeWarrior Жыл бұрын

Glad you think so!

@relaxation-4-meditation Жыл бұрын

yes! great video again warrior!

@DaytradeWarrior Жыл бұрын

Glad you enjoy it!

@jeremiahnewsom7775 Жыл бұрын

love this channel!!!!!!!!!!!!!!!!!! Ross is the truth!!!!!!!!!!!!

@DaytradeWarrior Жыл бұрын

Thank you Jeremiah!

@richardstrickland Жыл бұрын

Only been interested in the possibility of trading in the last week. So many on You tube, promoting big bull push, leaps and puts. Others dive into large break outs, mass profits. Your straight forward transparency of basic format. Go slow.Take the base hits regardless which league you are in. Small % profits are still profits. Simulate, get your skills, go in small and work your way up. Progress in small accounts, increases as the skill set grows. Keep your strategy simple. These are things I have learned from you in less than 10 videos. Will join warrior traders when funds allow. Practicing on webull. Thank you for your content. I was at the point of just dismissing the whole venture of trading before I found your channel. I greatly appreciate the time, effort and quality content you provide. Have a blessed day.

@matthewcaskey1051 Жыл бұрын

Excellent video, and thanks Ross

@DaytradeWarrior Жыл бұрын

Glad you enjoyed it!

@matthewcaskey1051 Жыл бұрын

I don't use what's app but would love to chat with you.

@BigEBigs Жыл бұрын

Excellent talk Ross

@DaytradeWarrior Жыл бұрын

Thanks Eric!

@RealLilSpazz Жыл бұрын

Curious what kind of camera you use when making your videos

@michaelcooper2559 Жыл бұрын

That was a beautiful analogy of beginning traders. You are so right. That's what I do. Turn all my winners into losers. I always get 10 15 cents of at least 70% of my trades, but I've been looking for the home run. It's been killing me. Thanks Ross. Great video man

@DaytradeWarrior Жыл бұрын

You bet!

@johnnymalott9591 Жыл бұрын

Yea I learned this the hard way lol. But I’ve been consistent since I ran into your channel and always tell myself green is green.. Hope to join warrior trading soon thanks for all this free knowledge you pass down.

@michaelcooper2559 Жыл бұрын

That's what I forgot lately and been going for the home runs. Been killing me. I'm going back to this frame of mind. "Green is Great "

@DaytradeWarrior Жыл бұрын

Love to hear it!

@Alexandruxmihai Жыл бұрын

You are so right Ross, thanks for sharing this with us!

@DaytradeWarrior Жыл бұрын

Glad you enjoyed it!

@sailormoon5126 Жыл бұрын

awesome video Ross

@DaytradeWarrior Жыл бұрын

Thank you!

@user-id3pk3wb5o 7 ай бұрын

You are the GOAT Ross

@jimpetersen8180 Жыл бұрын

Hi Ross. Just started watching your videos. Very much enjoy the content. I see you mostly trade stocks. I recently started trading ES futures contracts. How much of what you teach can I apply to my futures trading? Thanks!

@DaytradeWarrior Жыл бұрын

www.warriortrading.com/best-futures-trading-platforms/

@stocktradingcfi Жыл бұрын

This is so educational, love it!

@DaytradeWarrior Жыл бұрын

Thanks for the feedback!

@G.O.O.D.Ventures Жыл бұрын

Ross, this is probably one of the best videos you’ve made. Really puts things in perspective for me. Thank you and see you in the SC room. Be well.

@DaytradeWarrior Жыл бұрын

Glad you enjoyed it!

@Ahoto_papa_bi Жыл бұрын

I had realized this concept from experience as a new trader but I don’t know I was still trying to get someone (a pro) to tell me before it establishes in my head as truth. Thank you Ross.

@DaytradeWarrior Жыл бұрын

You're welcome!

@lalodominguez7121 Жыл бұрын

This really put things in perspective for me. I was definitely the type to expect huge moves in the asset to make huge gains

@DaytradeWarrior Жыл бұрын

👍🤓

@bizzleboxmedia Жыл бұрын

Thank you Ross! The first link in the description is broken. FYI.

@MrTomw67 Жыл бұрын

Really enjoyed the metaphor. Thanks for the video 😊

@DaytradeWarrior Жыл бұрын

You're welcome Thomas!

@RadkoAleksandrov Жыл бұрын

That was an awesome explanation and the best comparison for success.

@DaytradeWarrior Жыл бұрын

Thank you!

@mikeadaml Жыл бұрын

Thank you coachb

@DaytradeWarrior Жыл бұрын

Any time!

@neilgornall3783 Жыл бұрын

last year I lost everything, all my savings were with a company that went under. (not a story for here) so I lost faith and have sat doing nothing other than feel sorry for myself. Today I watched this video, and for the first time in a long while, felt that fire in me which I used to love. I am ready to learn new skills.. Thank you Ross

@DaytradeWarrior Жыл бұрын

You're welcome Neil!

@ricksanchez2010 Жыл бұрын

This video was great. Confirmed what I hoped was a successful strategy.

@DaytradeWarrior Жыл бұрын

Nice, glad to hear it!

@idontknowwhatidontknow Жыл бұрын

Great concepts … would you have the link here for registering the the 2 weeks …

@DaytradeWarrior Жыл бұрын

Nejad, email our team to learn more! team@warriortrading.com

@LongTu167 Жыл бұрын

Thank you Ross for a very nice lesson!!!

@DaytradeWarrior Жыл бұрын

Glad you liked it!

@hazeysgarden Жыл бұрын

One thing that I hear successful traders talk about is tracking their trades. I have a dashboard and run reports, but I don’t really track every individual trade that I take. I wonder if I won’t be successful unless I start doing that.

@DaytradeWarrior Жыл бұрын

👍🤓

@MrDeGuise Жыл бұрын

In Québec, to make monney with maple sirup, the create artificial shortage. But good luck !

@JasonRosensweig Жыл бұрын

Ross this was a great comparison video. I checked into Trader Rebab today took 3 trades, small size, all green +$59. I was trading much larger size over the last few weeks and took 100s in losses due to over trading and not sticking to the basics. Been a Warrior Pro for 6 months but I still fall off of the wagon every once in a while lol. Thanks for all you do!

@DaytradeWarrior Жыл бұрын

Way to go, keep at it!

@persistenttradinggroup3934 Жыл бұрын

I’m in the same boat but trade different type of stocks. I always try for huge wins and fail. I need to be happy with what works and small gains every week

@Elie941 Жыл бұрын

100% boss y are the best teacher i learn from him thx

@DaytradeWarrior Жыл бұрын

Thank you Elie!

@yungrager6335 Жыл бұрын

Very important

@DaytradeWarrior Жыл бұрын

👍🤓

@danielmaloney766 Жыл бұрын

This is awesome and makes perfect sense. Hope I still feel that way when I'm sober.

@DaytradeWarrior Жыл бұрын

Glad it was helpful!

@jamiemorris94 3 ай бұрын

Why does it say zero losing trades on your report? Thanks

@westcoastdogos9486 Жыл бұрын

I appreciate all you do with your teaching, but off subject . Is that a vw bus 🚌 n the background! It looks nice

@DaytradeWarrior Жыл бұрын

Thank you!

@MustafaLomanov Жыл бұрын

HEY ROSS, I WANT ACCESS TO YOUR SCANNERS. WHERE CAN I BUY IT SO I CAN USE THEM? PLEASE HELP ME OUT

@DaytradeWarrior Жыл бұрын

Check them out here: www.daytradedash.ai/

@Helllenaaaa 8 ай бұрын

Hi Ross! I’m so glad that I found your channel. Thank you for all of your inspiring and educational videos, you are the one trader from all over the KZfaq who are actually real trader. Can you please answer my question? Can I apply your strategy for forex trading?

@DaytradeWarrior 8 ай бұрын

Yes you can, the patterns are the same.

@deeplytrekrl5369 Жыл бұрын

As someone who grew up in New England around Maple Syrup farmers I loved watching this episode. :)

@drewski6843 Жыл бұрын

You are completely right. I'm paper trading right now with a new strategy on the 15 min chart. So far so good. Going to test this new strategy for about a week or two to make any adjustments on my indicators then go live. Thanks for the videos.

@DaytradeWarrior Жыл бұрын

Nice, good luck!

@richardstrickland Жыл бұрын

If my summary in my previous comment is flawed, I apologize. Just what i have absorbed from the content of your videos. Thank you again.

@austinmen4709 Жыл бұрын

This episode was like you were reading my mind 😆 also like a journey through space and time!!!! Hehehehe. I really felt like I was watching the discovery ch. But with trading insight. Really a quality production. Definitely planted my feet back on the ground. It finally dawned on me how long I was base hitting before the great HALT UP came my way. I am also like others thankful for your personality, articulateness and your dedication. You're a well spoken individual. I am grateful. Keep on rocking in the free world. 🖖🏻

@DaytradeWarrior Жыл бұрын

Thank you Austin!

@janedoe6071 Жыл бұрын

“Purchasing said common shares for personal account and For investment without any intention of reselling or redistribution of common shares”.. anybody explain what this means in simple terms on a stock purchase (subscription)agreement ????

@4biddencustoms Жыл бұрын

so true

@DaytradeWarrior Жыл бұрын

👍🤓

@mickmemes9356 Жыл бұрын

100% right

@DaytradeWarrior Жыл бұрын

👍🤓

@JoeyBlogs007 Жыл бұрын

I make most of my money in the first 90 minutes and loose most in the remaining hours.

@DaytradeWarrior Жыл бұрын

That's a good stat to know, all about being able to adjust!

@Phanze_airsoft 2 ай бұрын

Same every day

@freemygrandma8752 Жыл бұрын

1:05 was brilliant psychology

@DaytradeWarrior Жыл бұрын

Thank you!

@bl1204 9 ай бұрын

Question from a newbie. What is the best way to find stocks that are volatile enough ( fluctuate within the day going up and down ) but have smaller caps that are more affordable to buy? I am currently trading mostly those expensive mega-cap tech stocks that requires larger capital as their price per share is high but it takes a lot of capital with small gain like what Ross is saying.

@DaytradeWarrior 9 ай бұрын

Ross uses scanners to find the stocks he trades. You can learn more here: www.daytradedash.ai/

@GOATCLIPS10 Жыл бұрын

LEGEND. i am now a successful trader watchingyour videos and learning the hard way. If i get green, in 1 2 trades, i turn it off and don't look at the market again unless i am notified of a massive move or some crazy news. Because of you brother ross

@DaytradeWarrior Жыл бұрын

Thank you!

@rizwan101 Жыл бұрын

This is exactly my issue. If I had taken my base hits I would have been a millionaire by now.

@DaytradeWarrior Жыл бұрын

20/20 hindsight, stick with it!

@Timmyjane Жыл бұрын

I cant figure out how to get out of a trade quick enough if it doesn't break up. Regularly it'll dip so fast I end up negative on the trade. Ross will be in and out so fast I am not sure how he is able to get out and be "flat". Take VRAX from today. The drop was nearly instant.

@DaytradeWarrior Жыл бұрын

👍🤓

@wendyj.3662 Жыл бұрын

Wow Ross that really hit home with me. I know that is the issue but needed to hear it. So thanks for your videos they help out alot.

@DaytradeWarrior Жыл бұрын

You're welcome Wendy!

@baileykj01 Жыл бұрын

This is absolutely true. I started my account in September with a cash account at $100. I’m up to almost 5k with a win average of 68%. I trade conservatively and I’m only looking for a 2:1 profit ratio. I might make 10, 15, 20 cents of profit per share, but it’s working very well for me. Start small and grow your nest.

@rizwan101 Жыл бұрын

Thats great, can I ask how long it took you?

@DaytradeWarrior Жыл бұрын

Awesome! Nice work!

@baileykj01 Жыл бұрын

@@rizwan101 since the beginning of September before that I spent 6 months in a simulated account to get a strategy together that works for me.

@baileykj01 Жыл бұрын

@Joe Kickass if you’re focusing on pullbacks just make sure to try it in a simulator first and if you are consistently profitable only trading the pullback then it’s a proven profitable strategy that you’re comfortable with and definitely worth trading in your live account:) and my hand was shaking and my heart was racing the first time I pushed that buy button, so I can definitely relate. it was a crypto stock (dot) and I made $12. Lol.

@justsmy5677 Жыл бұрын

From $100 to just under $5K in 6.5 months?? If you grew your account from $100 to $4,500 in 6.5 months, that would be a 4,400% (percent, not dollar) gain!! On an annual basis it would be even larger. Please give us the details.

@kaejolie Жыл бұрын

Ross, when you enter a trade, how many times do you incur drawdown before it goes to profit? If it goes to drawdown, what is your stop loss?

@DaytradeWarrior Жыл бұрын

Ross talks about this and more in his live webinars: If you haven't had a chance to attend yet, one of the best ways to learn how to get started with trading would be to join us in our next day trading class. The class is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/

@mbrasseau Ай бұрын

This is GOLD.

@emoneytrain Жыл бұрын

Ross has a sugar bush! So very New England. Makes me miss home.

@DaytradeWarrior Жыл бұрын

🍁🍁🍁

@lil2pacx Жыл бұрын

Thank you Ross. Also noticed your hat didn't know your a deadhead but I always could tell you were a vibe.

@DaytradeWarrior Жыл бұрын

You're welcome Keith!

@twinquist Жыл бұрын

Totally hear ya, Ross. I was green today until about 1pm and kept trying to find profit is some sideways/choppy stocks because I “hadn’t made enough money yet today”. And PAID the price!! Lost double what I made in the AM for an overall RED day 🤬

@matthewcaskey1051 Жыл бұрын

It happens I still do it once in a while myself

@DaytradeWarrior Жыл бұрын

👍🤓

@donedeal7940 Жыл бұрын

Study charts. Apply. Win. Only thing that can bring charts unexpectedly to a rise or fall is the news. So keep up on that too.. Im new trader and i profit 8/10 times

@DaytradeWarrior Жыл бұрын

🤓👍

@Isaac.Rochester Жыл бұрын

Thanks, Ross. I like your coat.

@DaytradeWarrior Жыл бұрын

You're welcome Isaac!

@daubinhebert Жыл бұрын

👏🏼 💯‼️

@kixz8838 Жыл бұрын

ROSS What happened to the car garage, old fie house you were working on?

@kixz8838 Жыл бұрын

Fire department

@DaytradeWarrior Жыл бұрын

Stil working on it!

@waheed7288 Жыл бұрын

Is North England in North Dekota?

@DaytradeWarrior Жыл бұрын

New England is in Massachusetts comprising the states of Maine, Vermont, New Hampshire, Massachusetts, Connecticut and Rhode Island.

@pencilcheck 10 ай бұрын

We are all FOMO and we all want to be successful right away so we all rush as not 3veryone can afford to grind. Yea that is main reasons why there are so many failed traders

@DaytradeWarrior 10 ай бұрын

Thanks for sharing.

@thewhiz21 Жыл бұрын

Can you do some more live trading videos and post it on KZfaq? I would love to see what you see when trading. Please!

@DaytradeWarrior Жыл бұрын

Ross does have a number of live trading on KZfaq that you can find by looking through the channels list of videos. If you want to watch Ross live trade everyday we recommend looking into the Warrior courses: www.warriortrading.com/trading-courses/

@justinwehrman2823 Жыл бұрын

Where can I buy some warrior trading maple syrup????

@DaytradeWarrior Жыл бұрын

Coming soon lol!

@djspins Жыл бұрын

@@DaytradeWarrior if you get a chance, swing by my buddy's maple syrup farm Maverick Sugarbush LLC in Sharon, VT. Say Hi to Freddy! he has 500 acres with a nice operation.

@FinTra_ Жыл бұрын

100 share $79 profit azul. Honestly, i would not have cared even if it was $2 profit. All i care about ,when i used to trade, and now back on it, is when do i get out irrelevant of profit or loss i don't even look at it of i am up or down.0 emotions

@DaytradeWarrior Жыл бұрын

Keep it up!

@cofieleven Жыл бұрын

How many times have you traded a inflation market?

@DaytradeWarrior Жыл бұрын

I’ve been trading full time for more than 10 years, but idk how far you’d have to go back to be in the last inflation market. Probably not many people are actively trading today who have been through one.

@kinglaughe_r_583 Жыл бұрын

You have been my mentor for almost 6 months and my friend uve been his mentor for longer he was the one who sent me to your channel and he currently trades over a 6 figure account

@kinglaughe_r_583 Жыл бұрын

ROSS CAMERON pulling families out of poverty one smart individual at a time. :D

@gheechiedan9299 Жыл бұрын

I am a Veteran Trader and I 100% agree with what my man Russ has said here! He is 1 of the VERY few Traders on YT I have found to be legit! Respect! 😎👍🏾

@DaytradeWarrior Жыл бұрын

Thank you!

@cesarmellado4705 Жыл бұрын

What’s the best broker for day traders

@DaytradeWarrior Жыл бұрын

For accounts over $25,000, you can look into Lightspeed (available to US and most international residents except Canada and Australia). Lightspeed review: www.warriortrading.com/lightspeed-trading-review/ Lightspeed website: www.lightspeed.com/ For margin accounts under $25,000 (as little as $500), you can take a look at CME Group (available to US and most international residents except Canada). CME Group review: www.warriortrading.com/capital-markets-elite-group-review/ CME Group website: cmelitegroup.com Most international traders can look into TradeZero (available for accounts as low as $500, or $1,000 for our Warrior Pro rebate program. Not available for Canada): TradeZero review: www.warriortrading.com/trade-zero-broker-review-how-it-matches-up/ TradeZero website: tradezero.co/ You can use this link to help you decide which broker might be good for you: www.warriortrading.com/how-to-choose-the-best-online-broker/ and www.warriortrading.com/stock-broker-essential-guide/ For more information on options available for day trading with less than $25k, check out this article here: www.warriortrading.com/how-to-day-trade-without-25k/e

@cesarmellado4705 Жыл бұрын

@@DaytradeWarrior thank you I want to get into day trading and have no idea of anything I don’t want to work a 9-5 and do something different than the rest i really want to commit commit to it so I started watching your videos thank you for the response love the videos and keep up the good work hopefully I’ll be as good of a trader as you one day

@ivanlebedinskiy4145 Жыл бұрын

Your success relies on your personality. Other people can not copy it. The same is true for any other business.

@DaytradeWarrior Жыл бұрын

That's certainly a factor!

@DaytradeWarrior Жыл бұрын

@RSDudeLA Жыл бұрын

No trade restrictions is a golden parachute

@DaytradeWarrior Жыл бұрын

👍🤓

@freemygrandma8752 Жыл бұрын

The absolute number one reason why people look for bigger gains than experienced traders is because experienced traders usually don't have a PDT restriction so it's nothing to them to get 10% 20 % moves while people who only have three day trades a week try to hold to see a nice amount of gains

@DaytradeWarrior Жыл бұрын

👍🤓

@steveb.7120 Жыл бұрын

Exactly!!! Designed to set your mind on larger trades with fewer turns so you don't break the settlement rule. I've lost a lot of money trying to figure that out!

@freemygrandma8752 Жыл бұрын

@@steveb.7120 Yeah they knew what they were doing when they make that rule. They want you to hold because psychological you feel like you have to, They know holding it longer increases your chances of losing.