Top 13 Questions Beginner Traders Ask

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  • čas přidán 9. 07. 2024
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Komentáře • 108

  • @DaytradeWarrior
    @DaytradeWarrior  Před 3 měsíci +20

    Join me for a 2 week trial at Warrior Trading for $20 www.warriortrading.com/pro-preview-trial/

    • @eusoj50
      @eusoj50 Před 3 měsíci +1

      Do you have any video where you talked about leverage and explained what it is and its use?

    • @franknguyen2882
      @franknguyen2882 Před 3 měsíci +1

      @Ross,
      I am out of town
      Can i start the trial on April 13th, 2024.
      Thanks in advance

  • @mename7670
    @mename7670 Před 3 měsíci +6

    I used to think Ross’s videos were too complicated 2 years ago. I have grown as a trader (not profitable yet but a lot less losses) and I learned to adapt my own version of his strategy.
    He explains things so well and is the only CZcams stock person I follow

  • @CaptBlueFish
    @CaptBlueFish Před 3 měsíci +5

    I remember when my heart rate would jump to 200bpm when I started trading with 1K shares. The pot of coffee probably didn't help but absolutely necessary on the west coast.

    • @LoomisPeabody3
      @LoomisPeabody3 Před 3 měsíci +1

      Lol same!! I love it though. Paper trading can never simulate that.

  • @user-mz6qh6it4l
    @user-mz6qh6it4l Před 3 měsíci +28

    ross you cannot say your videos are not organized i literally learned everything about trading from you and i am profitable thanks a lot captain🤧

    • @bigsavv2663
      @bigsavv2663 Před 3 měsíci +3

      Same, he’s worth every penny.

    • @infinitelyllc
      @infinitelyllc Před 3 měsíci

      ​@@bigsavv2663 Yes, and they are a little disorganised. But it all comes together, in time. ❤

  • @hamzehghazawi9253
    @hamzehghazawi9253 Před 3 měsíci +3

    please keep doing like these videos we really appreciate it thank you for your time

  • @seandibble5727
    @seandibble5727 Před 3 měsíci +2

    I live in NW Montana and I have Starlink, due to our remote location. Starlink has been awesome.

  • @jp-zm6pj
    @jp-zm6pj Před 3 měsíci +2

    Ross will be talked in next generation traders as folklore from 535 to millions quite impressive

  • @MCGodFatherAKAAlex
    @MCGodFatherAKAAlex Před 3 měsíci +3

    Hey Ross can you please make a video on how you would start day trading with a small account (1k to 5k) from Canada. What broker, trading software and level 2 data provider you would use. Also if you could talk about what trading sim you would use and what level 2 market data provider you would use for sim trading.

    • @JustinSlone-qp7pt
      @JustinSlone-qp7pt Před 3 měsíci +1

      Yes, I agree I'm in the exact same place you are. I want to start with 3-5k and want to have the proper setup to limit my chances of failure. Thanks, for the post and hopefully Ross will read these and guide us in this journey.

  • @johndrop8076
    @johndrop8076 Před 3 měsíci +2

    Great feedback about Level 2. Ty

  • @bobpeterson9207
    @bobpeterson9207 Před 3 měsíci +1

    Yes, I watch your live videos huge help

  • @Infantrymarine0311
    @Infantrymarine0311 Před 3 měsíci +2

    2:48 I agree about the small account to start with; 500$ and if you en up getting a 50$ profit, I just multiply by ten in my head, (wow I could’ve made 500 if I would’ve had 5k in there instead of 500) so the multiply your wins and losses by ten while still trading live not in a simulator. Less risk but still get to learn the real market
    I started in a simulator by the way. Been watching your videos many years now thanks

  • @nate0400
    @nate0400 Před 3 měsíci +1

    Great Q&A my modern day hippie. Keep people informed and good fortune will continue to behold you.

  • @Sleeper197
    @Sleeper197 Před 3 měsíci +1

    Thanks Ross! Have a great day.

  • @charliemcgrain
    @charliemcgrain Před 3 měsíci +1

    Thank you so much.

  • @myo3387
    @myo3387 Před 3 měsíci +1

    Thank you, Ross

  • @tubecoatue
    @tubecoatue Před 3 měsíci +3

    Thanks for the two-week trial. I'm in.

  • @jsg2773
    @jsg2773 Před 3 měsíci +1

    Ross you are awesome I love your videos and watch everyday. The small account challenge is a great way to be focused. In a bigger account you tend to forget your own rules.

  • @hamzehghazawi9253
    @hamzehghazawi9253 Před 3 měsíci +1

    thank you very much ross

  • @Dee-dy8nl
    @Dee-dy8nl Před 3 měsíci +1

    Very insightful

  • @laxminooniwala5735
    @laxminooniwala5735 Před 3 měsíci +2

    very good explained and answered thanks

  • @jasonmccorkle8760
    @jasonmccorkle8760 Před 3 měsíci +1

    Thanks

  • @tylermccubbin63
    @tylermccubbin63 Před 2 měsíci

    Thanks!

  • @ogimu6757
    @ogimu6757 Před 3 měsíci +1

    Thanks Ross

  • @rossstevens6165
    @rossstevens6165 Před 3 měsíci +1

    Concerning using a Roth IRA for tax free trading, be aware there are income limits that may prevent you from contributing to a Roth IRA. They are on the IRS website, or better yet check with a tax professional.
    For example, in 2023 a single filer cannot contribute if modified adjusted gross income is greater than $153,000. There is a reduced contribution amounts for $138,000 or more, but less than $153,000.

    • @DaytradeWarrior
      @DaytradeWarrior  Před 3 měsíci +2

      That’s true, but you can contribute to a traditional IRA then do a back door conversion.

  • @lunaperez1564
    @lunaperez1564 Před 3 měsíci

    Thank you so much for sharing your wisdom with us. 🙏🏻 and creating this content for us.

  • @omacronprime8076
    @omacronprime8076 Před 3 měsíci +1

    Man you are absolutely amazing I have learned so much here (I've made quite a few mistakes in my first few days) yet to make a profit at this but thanks to your videos and streams it's helped me understand stocks alot more ... And given me the confidence to keep trying applying the strategies I've learned here 😎💪

  • @jeffderocco6025
    @jeffderocco6025 Před 3 měsíci +1

    hey Ross, question I currently am in an S corporation and you gave me some great information there, so because I'm starting to level up to daytrading and option, trading and very interested in your classes and will more than likely be choosing your software very shortly just doing more research so that's the way to go you include your tradings in the s corp ty

  • @markschroder6407
    @markschroder6407 Před 3 měsíci +1

    Hey Ross, how do you know how much to take out of your account for your "income" and how often do you do this monthly?

  • @AvaAddams-xt8rn
    @AvaAddams-xt8rn Před 3 měsíci +2

    How to make a fund your account and start trading, how to set and arrange the trading stuff and what trading app do you use

  • @rodneyheengama5685
    @rodneyheengama5685 Před 3 měsíci +1

    Dear Ross, Thank you for the class. Can you please explain to us how to use technical indicators on different charts, including 5-second charts, 10-second charts, 1-minute charts, 5-minute charts, and daily charts? This information will be very helpful for us to practice on a simulator. Thank you.

    • @DaytradeWarrior
      @DaytradeWarrior  Před 3 měsíci +1

      Ross goes over how he analyzes charts in the Warrior Pro course. if you're interested in learning more you can check out our memberships here: www.warriortrading.com/memberships/

  • @TerranceBledsoe-hp4ec
    @TerranceBledsoe-hp4ec Před 3 měsíci

    Ross explains the market unlike anyone else. My trading has improved tremendously although my trading style is different, the fundamentals and insight he talks about are useful across the entire market no matter what you trade or how you trade it. I have learned not only what to do , but what NOT to do.

  • @garytaylor5937
    @garytaylor5937 Před 3 měsíci +1

    thats depressing Ive been doing well lately in the sim because I started trading big volume of shares and small wins also didnt realise commissions were that big. Like ross said it is a negative sum game

  • @nanasolo6694
    @nanasolo6694 Před 3 měsíci +2

    Which offshore account broker do recommend, Ross?

  • @j.t.1215
    @j.t.1215 Před 3 měsíci +5

    ❤Thanks Ross! Sorry I missed you live, but I'm gratefulfor the replay. This was very helpful. I hope you do more lives. (I didn't see an announcement in the feed from your community post.) Enjoy your day!!!❤

  • @saidimbondela9158
    @saidimbondela9158 Před 3 měsíci +1

    Ross which device are using to switch camera?

  • @ronvalley9580
    @ronvalley9580 Před 3 měsíci +2

    thank you for all of the help. its nice to have quality info posted daily

  • @petergarcia1448
    @petergarcia1448 Před 3 měsíci

    I’m a brand new follower and I’m just learning, what’s the video for the notes you wrote at the 3:50 mark…blank steps to becoming a day trader

  • @MarneyAndi
    @MarneyAndi Před 2 měsíci

    Hi ross am a new member from cameroon Africa

  • @OlenaTabunshchyk
    @OlenaTabunshchyk Před 26 dny

    Hi Ross! could you please tell me what offshore platform do you use for a small account?

  • @JacksonTan-op3sl
    @JacksonTan-op3sl Před 3 měsíci +1

    Is cleanspark gonna bounce back before halving? Or is a sell now it went down :(

  • @GB-wi7tj
    @GB-wi7tj Před 3 měsíci +1

    Green on tape and shorting a stock- how to tell if someone is buying at asking or shorting at ask???

  • @theflyfishingjeep
    @theflyfishingjeep Před 3 měsíci +1

    Okay.I bought the nineteen dollar trial package and I don't understand where to go or what to do.

    • @DaytradeWarrior
      @DaytradeWarrior  Před 3 měsíci +1

      Check your email for instructions. You can also login to the members dashboard by going to warriortrading.com/dashboard/ from there you can view educational courses and you’ll be able to login to the chat room

  • @bryan2241
    @bryan2241 Před 3 měsíci

    Do Ross usually buy at the bid price or ask price?

  • @starr8111
    @starr8111 Před 3 měsíci +1

    19:00

  • @isaaccaissie8743
    @isaaccaissie8743 Před 3 měsíci +1

    Hey Ross, would I be able to start this 2 week trial 3 weeks from now? Or is this specifically for the next 2 weeks

    • @infinitelyllc
      @infinitelyllc Před 3 měsíci

      The link will expire soon, so no. Try emailing them and ask for more time.

  • @annawells4931
    @annawells4931 Před 3 měsíci +1

    Not sure if you've covered this anywhere but for those without hot keys trading premarket, do you have any tips for quickly exiting a position?

    • @DaytradeWarrior
      @DaytradeWarrior  Před 3 měsíci +1

      Having an order ready in your order entry window is one way, however, Ross prefers hotkeys for his style of trading.

    • @infinitelyllc
      @infinitelyllc Před 3 měsíci +1

      Just put in a limit sell as soon as the buy fills. This works very well for morning magic.

  • @jleoarsenault6107
    @jleoarsenault6107 Před 3 měsíci +1

    Ross can I come visit I live in MA NORTH Boston.

  • @trevorm3181
    @trevorm3181 Před 3 měsíci +1

    No Easter discount for the memberships? I just missed the St Paddy’s day discount 😔

    • @DaytradeWarrior
      @DaytradeWarrior  Před 3 měsíci +1

      Our 14 day Pro Preview is a great way to check out our Warrior Pro program. You can learn more and sign up here: warrior.app/pro-preview

  • @dejayvanhorn8685
    @dejayvanhorn8685 Před 3 měsíci +1

    What offshore broker are you using in your small account challenge?

    • @DaytradeWarrior
      @DaytradeWarrior  Před 3 měsíci +1

      You can learn more here: www.warriortrading.com/best-brokers-for-small-accounts/

    • @infinitelyllc
      @infinitelyllc Před 3 měsíci

      CMEG

  • @bruceharper347
    @bruceharper347 Před 3 měsíci +1

    Who has trade simulator or should you look at your broker platform??

    • @DaytradeWarrior
      @DaytradeWarrior  Před 3 měsíci +1

      You can check out our simulator here: www.warriortrading.com/paper-trading/

  • @robertshipley9443
    @robertshipley9443 Před 3 měsíci +2

    I just started paper trading but the platform has delayed data. I feel like I am identifying the right time to make a trade but when my orders get filled they are way higher than I want and when I try to get out of the position the dollar amount is different that what I need to be profitable. Generally 5% or more different on both.
    Do you have any suggestions on what to do to have a better learning experience?

    • @enigma9789
      @enigma9789 Před 3 měsíci +2

      I use tradingvew and paid the $11 for data. It has paper trading and everything. but the level 2 info isnt nearly as good as what ross has.
      No matter where you trade, you have to pay for data or it will be delayed.

  • @federicostoppo1117
    @federicostoppo1117 Před 3 měsíci +1

    I'm in Canada, which broker do you recommend me to use?

    • @DaytradeWarrior
      @DaytradeWarrior  Před 3 měsíci +1

      You can check out some popular Canadian brokers here: support.warriortrading.com/support/solutions/articles/19000127818-brokerage-options-for-canadians

  • @gustavomenza6680
    @gustavomenza6680 Před 2 měsíci

    I sign for webull ineed to cancel i have not’ put funds yet

  • @Epicrulez
    @Epicrulez Před 3 měsíci +1

    Before i join 2 weeks could you please tell me Are you from USA?

  • @user-gs8pj3st3g
    @user-gs8pj3st3g Před měsícem

    Hi Ross how are you doing thanks so much I will really like to use your broker is that possible

    • @DaytradeWarrior
      @DaytradeWarrior  Před měsícem

      Ross uses Lightspeed for his broker. He also uses Day Trade Dash scanners and charts, which are available to all of our members. You can learn more about them below:
      Lightspeed: www.warriortrading.com/lightspeed-trading-review/
      Day Trade Dash Charts: www.warriortrading.com/charts/
      Day Trade Dash Scanners: www.warriortrading.com/scanners/

  • @rometoile
    @rometoile Před 3 měsíci

    I haven't seen a video explaining how to set HOT KEYS.

    • @DaytradeWarrior
      @DaytradeWarrior  Před 3 měsíci

      Check out this blog and video on hotkeys: www.warriortrading.com/hot-key-video-lesson/

    • @rometoile
      @rometoile Před 3 měsíci

      @@DaytradeWarrior . Thank you!

  • @tcounselinginc.7162
    @tcounselinginc.7162 Před 3 měsíci

    You said you had 600 bucks in 2017 and made 300k by the end of the year. How did you do?

  • @bruceharper347
    @bruceharper347 Před 3 měsíci +1

    What’s the name of this off shore broker and do they have good customer service??

    • @DaytradeWarrior
      @DaytradeWarrior  Před 3 měsíci

      You can learn more here: www.warriortrading.com/best-brokers-for-small-accounts/

    • @infinitelyllc
      @infinitelyllc Před 3 měsíci

      CMEG, customer service is available by email and phone.

  • @timthornburg7052
    @timthornburg7052 Před 2 měsíci

    Do you have to pay taxes on the profits in you account or pay taxes on what you take out

    • @DaytradeWarrior
      @DaytradeWarrior  Před 2 měsíci +1

      You're taxed on the profits, whether you withdraw them or not.

  • @ChrisDurkin-jj4jj
    @ChrisDurkin-jj4jj Před 3 měsíci +1

    What’s a good strategy for a beginner on when to and when not to touch your money? tax’s terrify me 😅 Is it better to leave your money in and only pull once a month?

  • @alphaTrader.oo1
    @alphaTrader.oo1 Před 3 měsíci

    🌟

  • @thalolam81
    @thalolam81 Před 3 měsíci +1

    Hey Ross, love your videos, thanks for the teachings. I have one request for you, please get a proper screen mount and get rid of whatever that piece of wood that you are using currently. Don't forget you are a 7 figure trader!!

  • @lloydlineske2642
    @lloydlineske2642 Před 3 měsíci +2

    Does anyone know the broker he's using? I missed the live Q&A. Thank you.

    • @Run_Robbie
      @Run_Robbie Před 3 měsíci +1

      I've watched so many videos so far, and I've yet to find out what broker he uses for the small accounts lol Maybe I'm not paying enough attention but I think Ross doesn't want to say 😅 0:36

    • @thomasyounger8261
      @thomasyounger8261 Před 3 měsíci +2

      You can still watch it. He tells us who his broker in this video about 9-10 minutes.

    • @j.t.1215
      @j.t.1215 Před 3 měsíci +1

      9:00 Trade Zero was mentioned

    • @Run_Robbie
      @Run_Robbie Před 3 měsíci

      @thomasyounger8261 I didn't get that far yet lol Appreciate it.

    • @AlbertHoffman-mb6tv
      @AlbertHoffman-mb6tv Před 3 měsíci +1

      He said he would put a link in the description..

  • @hunter4783
    @hunter4783 Před 3 měsíci +1

    🤍