Ultimate Guide on ADDING to Winners with Scaling 🍏 (LIVE STREAM)
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- čas přidán 2. 07. 2024
- 🍏 Special Class Download here: warrior.app/scaling-lesson ✔️
Chapters for this class
0:00 Intro
1:24 The 5 Topics for Today's Class
2:56 What is Scaling for Day Trading?
10:00 When to AVOID scaling
18:00 Market Conditions Guide Scaling Strategies
21:54 When Scaling is Appropriate
27:20 Requirements for Scaling
31:31 Benefits of Scaling while Day Trading
34:23 Minimum Share Size for Scaling
37:00 Flow State Trading
43:53 Scaling with a Starter Position
40:00 Live Trading Examples of Scaling
1:06:00 The Right Stocks to Day Trade
1:11:00 The Correct Exit Will Feel TOO SOON
1:17:30 Live Trading Examples of Scaling
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Warrior Trading // Ross Cameron // Day Trade Warrior - Zábava
🍏 Special Class Download here: warrior.app/scaling-lesson ✔
When is your next live? I genuinely want to really figure out how to do this and your channel was the most comfortable one.. not overwhelming like some of them.more interested in selling their subscriptions than to truly help people&i DONT get that feeling on your channel! Also I’m curious wich classes or videos for help would be the best for beginners that could sign up for? Thank u
watch him every day on utube, read investopedia about new indicators, it helps me a ton ;) and don't forget to win a few paper trading competitions on moomoo with me :)
I found your channel and that's how I started loving trading..The way you teach is clear and to the point..God bless you coach.
Ive followed ross for a few years now at least. I have never bought the course and learned enough to become profitable just from his free content. I could only imagine the progress of taking his course. 💙 trade safe!
Thank you for following!
@@DaytradeWarrior I can't afford your program yet, but I will join after I get consistent and profitable.
Love that dry erase board. I've learned a heap of trading wisdom from your dry erase board illustrations. This dry erase board sir, WILL Keel. 🗡️
Thank you Austin!
You are like the second youtuber that I’ve seen that actually teaches. Love the videos
Ross is a legend. Seriously he provides so much value. Thanks Ross.
Thanks Bto, appreciate the kind words!
I am a new trader and have been watching you for 6 days. I started at with 1000 for 6 week days , and now im up to 1620. You have been amazing. I am gonna sign up for the course.
Ross is a great teacher. I have learnt so much over the past months. I can not afford the course, but this channel itself is like a goldmine. I am learning and trying to win by being consistent first. Worry about making money once I am comfortable with being consistent on my trades. When I start making good money, then I will definitely pay for the more advanced content and support. It would be an honour to be one of Ross's many students.
Using your class 14 doing the one trade a day, and learning a lot. Thank you for teaching me patience.
What is the small account way? 100 trades a day? ( tried that on paper) 19 trades a day? ( tried that irl too! ) or 1 trade a day? :)
@@infinitelyllc it's in a simulator. Trade ONLY 1 trade good or bad then watch. Try to put FOMO and MOMO in check. Teaches patience and look for JUST good setups or trades.
@@alnorvick2713 thank you, patience is a virtue that pays :)
Man i have watched many day trading videos. you are by far the best teacher out there. clear, and concise explainations.
Thank you!
Ross, I have been watching your videos for a few months now… in my opinion you’re the best teacher I have found. I do have a question. I know your story on how you started, but perhaps some students could share how they have transitioned from a 9 to 5, to full time day trader? How do you pay yourself? Do you just take what you need? What would be perhaps be sound advice on how to pay yourself as a day trader vs. growing your trading accounts. Hope this inspires a video. Wish you all the best, and many green day’s ahead. 😎
Thank you so much for the info!
I get more and more from you every time I revisit your video
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Wow! Great content ! Special episode / class
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Ross I’m not a novice trader and still, I absorb so much of your knowledge and education. Man you are such a bad a$$! -You are a stud Ross!
thx for the session, ross
enjoyed it & u always make it look so easy
You're welcome and thank you Yunos!
I’ve seen so many Click Bait traders I thought you would be one as well so it took me years to finally watch a video.
You are awesome. I can’t wait to learn so much more from you. Thanks
You're welcome Kevin!
Thx Ross.
I learn something new all the time from Ross. Thank you so much for all you do to help us succeed. 🤟✌️👍
Glad to hear that Harry, thanks for sharing.
Wow! great video I could never understand how your scaling in/out method was working. This is a great example. One fo your best videos to date. Thx!
I think you’re one of the best instructors on the internet for investing and starting with a small amount of capital. Thanks for sharing your knowledge!😊
Ross, thank you so much for sharing with us this valuable lesson. I appreciate you very much!
You're welcome Olivia!
Thank you for this! I'm practicing this and it is wonderful.
Love to hear it!
Hi Ross, greetings from Slovakia. I like your videos a lot and I would also like to know what is your relationship to money and what money means to you. So far, I feel that it is mainly an intrinsic value of success and beating the market that is the main driver for you. I would not even imagine how to spend such amount of money. I have enough money for myself, so I don't need them, but I started to learn to trade last year because it is extremely interesting and you still learn new things. It is super addictive, hope I won't burn out before I learn it! Thanks a lot for all the precious and genuine content you give us!
This is the most helpful market info I have received so far in my second year of trading
Thanks for sharing this!
You're welcome!
Thank you for this. You are amazing!
Awesome Ross. Thanks 👏👏👏
You're welcome Eurico!
Great video my guy! 💪🏾I’m definitely a scaler! Both work.
Thank you! All about finding what works best for you.
This is a good one Ross. Thanks
You're welcome Michael!
Your awesome dude. Keep it up
Thank you Jakub!
You make this interesting and easy to follow.
Excellent class and such great information
Thank you Aiden!
I've been caught by FOMO without being into the trade often. I would get in near or at the high. Obviously, I lose on these. The thing I use to combat this now is, that when I start feeling the FOMO emotion, I tell myself patience, take a breath, and wait for confirmation of continuation before I enter. Most often, it fades... so I feel better that I did not jump in then and take the loss... again.
This was yet another great video and once again I learnt a lot from it. Can not wait to see the next one, if i end up being half as good as you ross, I be very happy, trust me why I say, I am going to be a success at this.
Speak soon ross
Regards
Bill
thank you are the best teacher
Appreciate that ELie!
That jacket is fire 🔥
Also thanks for the videos!
Thanks Gabe, appreciate the support!
Been waiting for a great video like this. Amazing info @warriortrading
Thank you Chris!
😂 I love when Ross said “it’s time to step up to the plate” fucking love your videos and knowledge ❤️
Always nice to step up to the plate when it's time! Glad you enjoy the videos!
Thank you!!
You're welcome!
thanks ross, super valueable
You're welcome!
Ross Your #1 coach and this will be study for months
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Great video on scaling, Ross. Can you make a playlist of links to CZcams videos on trading with a small account of $500? How to get a broker? Easiest trades to make. Setting up trading platforms, Scanners, etc. 🤔
Great video Ross! I have a question. Do you ever use TIME in your decision matrix? I scaled into a trade today, moved up my stop...my average price was green. I monitor the 3, 5, 10, and 30 minute tf. The position began to stall ..giving me two red 3 min candles...I sold for a small profit. The stock crashed in the next 2 min or so. So...do you ever sell on a stalling price action dynamic?
Great video makes sense
thank you!
Look at that snow lol yuck! When will you be doing some more travel reading in the van? That’s pretty neat content. Hope yall are well
you're awesome and smart
Roce thank you
Awesome
Hope you enjoyed!
Great video,but during the scaling lesson your cam was on top of the 10s chart so i could see what you were explaining. Still helpfull. Thanks!
You're welcome Georgi!
ross my question is when you move youre stop to breakeven do you do a manual stop or you punch it out cause sometimes its moving so fast
Question... Once I reach 25,000 in my trading account as long as I'm at 25,000 or over by the end of the day I'm good or do I have to have $25,000 in there during my trading day
Blessings from Puebla, Mexico.
Thank you!
you can trade there? jk
This is GOLD. Happy to be your student one day in the future !
Thank you!
When you scale in and out of a trade, does that count as more than one trade for purposes of the pattern day trader rule?
🤣🤣🤣🤣🤣 @ 14:00
Ross' not so humble side. He is suuuper honest though
😂👍
1:18:36 may I ask why he set limit price at 6.93
but got fill at 6.83 and 6.85 of 2500 shares each?
Is it because he buy the ask?
Can you talk more about what types of order you execute buy when focusing level2
hi Ross thanks my question is when the trade is going good and you scaled in ,, what percentage are you holding for the bigger move ? thanks for the video always the best on youtube
That will vary based on the setup and volatility of the stock, but generally Ross is looking for .10-.20 cents.
I am ready to learn starting small
To get started with Warrior Trading, I highly recommend coming to our next webinar! It's free to watch and you will receive a copy of Ross' best-selling eBook "How To Day Trade" just for staying until the Q&A! Sign up here: www.warriortrading.com/free-day-trading-class/
To get started with Warrior Trading, I highly recommend coming to our next webinar! It's free to watch and you will receive a copy of Ross' best-selling eBook "How To Day Trade" just for staying until the Q&A! Sign up here: www.warriortrading.com/free-day-trading-class/
Do you buy on the Ask and Sell on the Bid? Or is there a strategy to get the best price on the spread?
Generally yes, however, if possible Ross will try to sell on the ask as well.
what scanners do you use? how do you set your scanners?
Ross uses the Warrior Scanners, you can learn more here: www.warriortrading.com/scanners/
Heiken Ashi candles help in this case
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Hi Ross.
This maybe a good video for you to do on your CZcams channel at some point. International day traders out side the US wanting to trade on the New York stock markets.
The pros and cons of this and what you need in order to trade from out side the US. Let me know what you think.
Kind regards
Paul Dowle
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So which class out of all of them do you suggest be the first one to download or sign up for ?
Hey Gigi, email our team at team@warriortrading.com and we can help you with that!
If the none scaling trade exit at $9.75 take $250 profit when the scaling trade breaks even. Another thing is in my opinion you never leave Monay $$$$ on the table unless you already know how high the stock will move otherwise you shouldn't have any problem exiting the trade. Psychology trading.
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It's called averaging into strength moves.
Certainly another way to look at it.
My question is, with starting with a very small account, I Can only trade 3 trades per week? Until I have 25,000 to start a margin account.
Hey Ross I just wondering what number is bigger if is the number of trades for a day or the number of times that you open the Door for your Dog??? I was laughing here evrytime you got to open the door. SO FUNNY!! Thks a lot for the videos that you share with your knowledge.
That's hilarious!!! 👍😂
MOM just spiked on NVDA sell signal I think. ??
Do you use market or limit orders for your key binds? Do you buy on the ask or bid.
Yes, Ross uses limit orders with offsets for his hotkeys. You can learn more here: support.warriortrading.com/support/solutions/articles/19000045007-routing-hot-keys-and-buying-selling-process
How do you find out the float in a stock?
Hey Manuel, A company's stock float is calculated by subtracting the number of closely held and restricted shares from the number of total outstanding shares.
I used simulator for 6 months and started my real account in March. It has been difficult figuring out when to enter . I call alot of the levels and hesitate as it takes off without me
Hasn't been the easiest month, keep working at it.
Hi Ross… during your white board example with 1000 shares winning $.14 per share which equals $140 won… what would your Account size be in this scenario and What percentage of an account do you suggest a beginner trader risk per trade? many thanks
Andre, We actually get this question a lot, so we wrote a blog post to help explain in a little more detail. You can read it here: www.warriortrading.com/day-trading-for-a-living/
Here is a more recent video on this topic as well:
czcams.com/video/DjRX_GJ7RBM/video.html
Sup Ross, thank you again. question, I've been following you all year long training with my webull simulator. All good taking it slow trying to learn first. I have a lot of questions obviously. Following this video with a small account, if I respect the 1% risk tolerance it seams to be not possible to jump from 500$ to 1025$ . Thank you .I wish I could afford to buy your services one day!!!
I personally don’t use 1% tolerance with a $500 account. You’d be legit risking only $5. I mean you could risk $5 to make $10, and so that for like a whole year, but man that’s gonna be slow going.
@@DaytradeWarrior thank you Ross ! I guess since I’m beginner I have to take it slow to be able to do many trades and sharpen my skill without blowing the account! I’m still below the PDT level so kind of bummer! Very slow 🤪
Meantime also working on my discipline controlling my FOMO 😬! Always thank you🙏🙏🙏!
How much money do I need to have in my account to day trade. There are rules I was told.
As you may know the United States has what's called the Pattern Day Trader (PDT) Rule. That means you need a minimum of $25,000 cash balance in your broker account in order to day trade more than 3x in a 5 day period. Since most traders take 3-5 trades per day, they are considered Pattern Day Traders. You can see some examples and in-depth explanation here: www.warriortrading.com/pattern-day-trader-rule/ and here czcams.com/video/CDPxDCMHM10/video.html
Many of our new students don't have $25k. You can open a brokerage with as little as $500 at some places. Offshore brokerage CME Group is one of these brokers. TradeZero is also one if you are non-U.S. residents.
Reviews here:
www.warriortrading.com/capital-markets-elite-group-review/
www.warriortrading.com/trade-zero-broker-review-how-it-matches-up/
And of course, you have the option of a cash account at a US brokerage! Here's a helpful place to go to explore your options further: www.warriortrading.com/how-to-day-trade-without-25k/
I hope that makes more sense!
Alex's stop loss is my take profit
Ross I’ve been watching for years. I joined a smaller group of traders but it’s not ideal. I am trading the forex, will your program work for me even though it’s not stocks but commodities? I need a good group to join but your the only one I know of, but now I’m in the forex. If you think this will work I can join.
As a day trader, Ross likes to focus on the US Equities markets. However, he has found that his strategies can still be applied to other markets. Check out this page here where we explore this more in-depth: www.warriortrading.com/why-our-strategies-work-in-most-markets/
When you explain your very beginning it sounds like you had T1 or you were trading on margin. How on margin if you can only make a couple trades a week are you doing this? If you didn't start with margin how were you trading daily with t2?
Ross used an offshore broker to get around the PDT rule. You can learn more here: www.warriortrading.com/best-brokers-for-small-accounts/
Every time i enter the market always go the other way i need help
Ross, it is a great strategy but in this stock market its pretty much algos regulating the trend? no?
That's hard to say for sure.
no
When you talked about you 500$ account challenge and you made 80 dollars your fist day from one entry and one exit roughly what was the price of the stock and how many shares did you buy.
You can check out the recaps of Ross Small Account Challenge here: czcams.com/video/7weufrj_3iw/video.html&ab_channel=WarriorTrading
Lmk and I will join.
www.warriortrading.com/trading-courses/
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what does "Momo" in momo scanner mean?
it's short for momentum.
the problem with a cash account im having is settled funds.ive scaled 2k into 2.5 already in a month however its taking me three days to trade i caint trade everyday?
@Johnny cash accounts are tricky for that reason
@@DaytradeWarrior so true thanks for the reply bud I believe in your power to spread knowledge to help others keep going!
Is it possible to day trade for 3 hours per day in the begging while holding down a full time job. Learn and the gradually weave trading in more and more overtime.
It's possible Lee, it may depend on the flexibility of your job.
@@DaytradeWarrior its quite flexible actually. Door 2 door Solar sales. Very lucrative. I work for myself and I set my own hours. Although trading prime time may clash with mine. Might have to sacrifice a little.
I would love to learn a little about trading and over time weave it in.
@@DaytradeWarrior thank for the reply buddy. Appreciated. I’m going to watching all your videos. Got to start somewhere
im not good at the micro pllbck
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To clarify did you say someone with 3,4,500000 shouldn’t expect to make 100k or 300,400,500, 1000 bc it sounds like you said the first way just tryna straighten things out
3-500k .. without trading aggressively. You should be focused on 20-50k. Could you make 100 …. Ehhh IF you know what you’re doing but…..make it easier and effortless, save the 100 plus days for extraordinary opportunities. One of my main issues is entering and exiting high volume positions. My orders get filled in increments of 5-10 fills on WeBull and that’s been killing me. If I could immediately get in and immediately get out then I’d be making a fortune. Anyone know any brokerages that fill 10k shares in one order when the price hits your target. WeBull is doing me dirty.
Alex got trading fktup! 😂😂😂😂😂
Soooo,,, I loved the video until the end. I learned a lot. Then I realized you only interviewed men, Women trade too.
Ross has interviewed many female traders in the past.
@@DaytradeWarrior oh okay… Sorry this was the only video I’ve seen so far
Alex owed $750,000 😂
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Year later ;)