Timing Entries and Exits for Momentum 🚀 Day Trading Strategies 🍏

all right what's up everyone thank you guys all for tuning in uh so this is gonna be a live broadcast and uh we've got uh a bunch of folks that are already tuned in so thank you to everyone tuning in live those that are watching this days later weeks later months later years later whatever the case says thank you for tuning in you're welcome to post comments uh down below i do respond to every comment post on the channel so you please i should feel free to ask questions if i can help in any way clarify anything that i'm talking about today today's topic is entries and exits for momentum day trading this was by popular demand so i put out a survey and asked uh what you'd like me to teach a class on right now we've got a number of classes i'm scheduling for this month this is our anniversary month of uh when i began uh providing educational content we've got almost 10 million views on the most popular video so we've got some exciting things we're doing this month and this video is um one of the first so thank you guys for tuning in to get things off to a great start i'm gonna donate a dollar for every person that hits the thumbs up during this live broadcast and i will donate two dollars for every person that shares during this live broadcast and i will continue to donate for people watching later up to twenty five thousand dollars so i'll be donating twenty five thousand dollars to charity uh some of that will be uh today and the rest will be spread out over the coming uh months and weeks and months i suppose as long as it takes uh to get up to twenty five thousand dollars so thank you guys if you want to donate uh today you can donate through me by hitting the thumbs up it's that easy and i also want to let you guys know that uh during this class this is a mini class this is an excerpt from the curriculum that i teach for subscribers over at warrior trading so during this mini class i'm going to be showing you a bunch of live trading archives so these are examples of me trading with real money you can see my order entry window you can see everything and if you want to download a few of these live trading archives so you can watch them on your own time replay them watch them again and again i'm going to give you a link where you can do that so let's see um i have to do and actually what we'll do is we'll pin it to the top of the comments for those watching this later so you guys can see that link real quick and i will also put it uh at the top of the comments for the live chat all right so uh right here on this page if you click on this page you will get a copy of live trading archives all right you'll get a copy of my small account strategy worksheet a copy of the micro pullback lesson strategy lesson pdf and you'll also get my pre-trading checklist a special video on holding losers too long and selling winners too soon which is something that many traders struggle with all right so with that said why don't we go ahead and jump in to today's topic which is entries and exits for momentum trading i'm going to go to full screen and i've got my drawing tool and yes it's working all right so we'll add some uh graphics here make this look nice and pretty and let's go ahead and jump in i'm going to go full screen let's see and i'll remind folks who perhaps don't already know the trading is risky i want to make sure i put my disclaimer out there trading is risky most beginner traders do lose money and my results are not typical having said that it's important that you know the person that you're learning from is qualified and i am uh i will show you let's see um where's my trader view i think i had it up here um looks like maybe i closed it i have uh over 11 million dollars in gross profit trading a momentum day trading strategy that i'll be sharing a little bit with you today uh just as as it pertains to entries and exits so i do think that i'm very qualified to be speaking on this topic so if you're out there wondering well you know is this even real money you can go over my website warriortrading.com and you'll see my broker statements on the footer of the website all right so uh with that said let me go ahead and jump back in here all right so and back to full screen so high level before we start talking in detail about entries and exits i want to talk about the momentum checklist this is uh pretty important because the problem that a lot of beginner traders have is trading the wrong types of stocks and when you trade the wrong types of stocks you invariably end up catching yourself with big losers small winners and chasing chasing setups because they don't resolve the way you would expect them to so what is the criteria or what is the checklist for momentum well so for momentum you can trade all day long i wouldn't say that you can only trade in the morning or you can only trade in the afternoon you can trade momentum at any time of the day however i've always found that the first two hours are the best and that's uh you know it used to be from 9 30 until about 11 30 and more and more so it's starting pre-market so from 7 30 8 until 10 30 11 11 30 is still pretty good cut off but pre-market i'm trading 8 8 30 9 a.m before the market even opens now if you're not sure how to trade before the market opens i have a separate video where i talk specifically about that so don't worry i can answer that question for you separately but uh generally speaking i would say the best time of day to be trading aggressively is early earlier is better all right so now what type of stock do you want to be trading if you're focusing on momentum and you're looking for stocks that have the percentage or the potential to make big percentage gains you're going to be looking for lower float stocks so one of the things that i found in my career is that you're never going to capture the entire move if the stock goes up you know 50 you're never going to capture the full 50 you'll capture a small piece of that so if a stock is only going up four or five percent a small piece of four or five percent even if you're using leverage even if you're trading with options isn't significant you're not going to be able to make good money so i think you want to look for stocks that have the potential to go up at least 10 to 20 percent but really with a target of 50 75 100 or more so i'm going to pose the question to you how does a stock go up 100 in one day what in maybe the past when you've seen that happen what has been the context around it what's been the story around that stock how has that been possible if you think of uh dwac the special acquisition company that you know was slated or is slated to acquire trump media true social that went from 10 to 175 dollars in two days was that the type of stock i would like trading absolutely definitely and i did trade it that had a catalyst and it had a relatively low float the float was 28 million shares so there were only 28 million shares available to trade that's certainly under the 50 million cut off and combined with a really strong catalyst there was a huge imbalance between supply and demand and that in turn resulted in very high relative volume so relative volume this is simply uh oh sorry relative volume right here this is simply the volume today versus what is average for a stock over the last 14 days so if a stock over the last 14 days has been trading on average with a hundred thousand shares a day and today is trading 150 000 shares its volume relative volume is 1.5 200 000 shares would be a relative volume of two right so and it goes on um so on and so forth i focus on stocks with at least two times relative volume i prefer five times relative volume all right so a stock will have five times relative volume if it's already up 20 30 percent has a great catalyst that's almost always going to be the case ideally for a strong momentum chart momentum stock we want to see a good daily chart the daily chart should be above the 9 ema we also would like to see it above the 200 ema but if it's below the 200 ema we'd like to see that has a lot of room to come up to the 200 ema before it hits resistance there again not trying to get into a ton of technical analysis here in this episode i have another episode uh that you guys can check out on um the four indicators that every trader should be using so can point you in that direction i'll put some links to these videos in the description um so requirements stock should have a catalyst or be a former runner which is a form of momentum stock price range between a dollar fifty and twenty but this is applicable on all price ranges uh dwac went all the way up to 175 dollars a share so it's certainly possible that you could trade a higher price stock uh trading momentum but the risk is going to be a little bit higher so how do we find these types of stocks to trade i find these types of stocks of trade every single day using scanners so i use stock scanners to search the market and i have a couple um right over here that i can show you so uh this is a the software that i use right here so i can go scanners and do large cap i can go to small cap top gappers so these are the top gappers today in the entire u.s equities market if i go to scanners i go to high a day momentum these are stocks that are moving up right now in real time so this is how i find stocks to trade and then once i've found a stock that i think is a good candidate because it's got high relative volume it's up enough it's got a good float the price is okay the daily chart looks good then it's time to take the trade all right so this gets into entries and exits entry is based on a chart pattern generally speaking you probably already understood that and i'll go split screen so you can see those charts a little bit better so a chart pattern is basically it's a pattern that you are familiar with that you know consistently gives you winners okay so these are just four examples of chart patterns in each of these patterns there is an apex which is the entry point the point the price to be a buyer all right so in the case of right here this first example where we've got this sell-off the entry is the first candle to make a new high right here so if you've got five 10 plus red candles in a row your entry is the first candle to make a new high and now some people will have some questions about that for clarification so let's look i'm going to go full screen here all right so this right here as you can see is a bull flag all right so this stock has squeezed up right here it's squeezed up up up and then it's experienced a little bit of pullback we've got one red candle and we've got a second red candle so during this pullback this is where i might be looking at the stock and saying i think i want to buy this now an aggressive trader may trade during this ramp up right here we don't know what time frame this is we could say this is a one minute time frame and if it is then you know that right around here was a micro pullback right around there because you can see how this candle was a high and this one opened a little lower which means it popped up it pulled back just for a second and gave you a micro pullback so you can see micro pullbacks on this little instance right here so it moves higher it pulls back just for a second and then it continues all right sometimes it looks like this and sometimes it looks like that so a micro pullback is a totally valid entry now in this case that would be aggressive and so it would be a bit of a more conservative entry would be waiting for the pullback to occur and then buying the first candle to make a new high now notice i have this dotted this um this little sort of dotted line here as soon as this green candle breaks the high of this previous red candle i'm a buyer now if this candle let's say the high this candle is five dollars the high of that red count is five dollars when this starts coming up if i see green on the tape which is right next to our level two window if i see green on the tape at 495 496 497 498 i may go ahead and i likely will go ahead and buy to anticipate the break through this level sometimes i'll take a starter 5 cents or even 10 cents early and then i will add as it approaches and comes through that level i'm then looking for continuation and resolution of the pattern which in this case is through the high of day if i'm feeling aggressive i can go ahead and add again as it breaks through high of day and then as we squeeze up here i make the decision of either taking profit off the table or if let's say right up here is let's just say this is six dollars i may say i'm gonna go ahead and add for the break of six because this is parabolic it's moving so quickly that i have the opportunity to keep adding because this could go higher and that type of decision would be based on the quality of the daily chart the quality of the catalyst and the flow to the stock so when we're looking at these patterns these are all these are just examples of patterns and there's literally hundreds of different patterns that you could choose to trade one of the things that's going to be important for a beginner trader is making a decision about which patterns you want to focus on right i mean ultimately that's that's an important component of of your strategy so as part of creating a strategy for reference so on this page here this has a pdf of my micro pullback strategy so the micro pullback strategy is what we've got going on right here that's a micro pullback it pops up it pulls back for a second and it continues it doesn't even form a full pullback like what we got right here or like what we saw right here these are both stocks trending up this is a stock trending down and then it's a reversal trade all right so this is a very well defined pullback this is a well-defined pullback that has a false attempt pulls back and then goes higher and this is a micro pullback so if you want to learn more about those specific strategies that are around those patterns then you know you should check this out if you already have a strategy that you're sort of trading but you just feel like your entries aren't dialed in you're getting in a little too high you're not selling it quite the right place you're not fully maximizing on the opportunities of these trades then when we get into the live trading archives i think that's going to help you uh quite a bit all right so let's talk about the entry and by the way for people that are tuning in maybe a few minutes late to this live broadcast thank you for tuning in make sure you hit the thumbs up i'm donating a dollar for every thumbs up that we get today up to twenty five thousand dollars so uh please hit the thumbs up you can donate a dollar to charity right now today by hitting the thumbs up and if you share this video i will donate two dollars so if you share this video you can donate two dollars so each one of you right now can donate three dollars to charity all right uh and this is for um humanitarian causes in ukraine all right so for people that are in ukraine right now so make sure you hit the thumbs up and make sure you share this video okay so now let's talk about the entry all right so what is the apex point of this pattern so back to our little case study right here the apex point of this pattern if this if you're going to take an entry on the bull flag then the apex point is the first candle to make a new high which is right here that's the apex point now some traders would take a high a day break and if you're taking a high day break then your apex point is literally high of day all right so this could have two important levels i would say important levels to watch this right here and then this up sorry this right here and then this up at the top all right depending on which strategy you're focusing on if you're taking a high day break you're going at the top if you're taking first candle make a new high on the bull flag pull back then you're entering entering right there so what's the apex point of this pattern now if we go back to our previous slide you'll see that this pattern down here initially was a bull flag it squeezes up and then it pulls back and the first candle makes a new high right so that's your first entry first candle makes a new high right there max loss is the low of this pullback it goes up but it doesn't break through the high okay so this ends up forming a false breakout however this is a different pattern as it continues to consolidate above the low of this pullback this is what we would call a longer period of consolidation it is a wedge we can call it an abcd pattern and now we're watching for the price to break this high right here and then go through the high a day and what we find is that when these stocks continue to trend in these small ranges that eventually they break they can break out up or they can break down right so there's no guarantee that's gonna break to the upside but if this is a stock that has a strong catalyst that has a relatively low float it's a popular stock a lot of people are watching it the price is right then there's a good chance it'll break to the upside and time of day is also a factor but there's a good chance so in this case initially with your entry down here and your max loss would this have been a winner or would this have first trade have been a loser well that depends on how you trade if you're an aggressive trader using leverage then there's a very good chance that you would have taken profit off the table as it came up here or as the first candle closed red and or made a new low versus this pullback because this was telling us that it can't get through the high on this first attempt right it's pulling back all right so this should have been a winning trade but if you had a very small position maybe you'd say well it wasn't up enough to be a winner it didn't hit my stop so i'm still holding it pulls back almost all the way back to your stop but then it comes back up and then on this attempt as it breaks through the high this is where you would look to maybe take some profit off the table but a more aggressive trader could take two three or four trays in this area your first trade is right here your second trade is right here and then you've got another trade on an ad for the break through the highs so you can be very active if you'd like to or you could be less active so you have to first figure out what is the apex point of the pattern and if you don't know the apex point of the pattern it's because of the definition of apex the other way of saying it is what is the point that needs to break for this pattern to be resolving all right if you don't know what that price is you need to get a better understanding of the pattern that you're trading then a question is what is the proximity of the nearest half or whole dollar relative to the apex point this is important because we have psychological resistance around half and hold dollars so as stocks are approaching these levels it's very common that we find resistance so back to our little chart here so in the first example i think i said this was like 498 right so 4.98 or that was 5 so i'd be a buyer as it's approaching that critical level of 498 for the break of five i might be buying at 495 496 might even be buying it for 485 depending on how much it pulled back and what the level two looks like now level two and time and sales i'm going to show you when we get into the live trading archives and in just a few minutes of this this episode but if this right here this high a day was at 5 50. then your high a day is right at psychological resistance and there's a higher likelihood that we're going to come up and we're going to double top against that level because it's psychological resistance then we need to pull back hold over five psychological support and then come up for a second attempt through five so this is something that we're going to struggle with a lot around half dollars in whole dollars stocks that are really really strong sometimes they can just break right through those levels which is phenomenal when they do but more often than not a stock is going to run into a little bit of resistance so if the apex point of your chart or of your pattern for instance is like 495 that presents a problem because the apex the breakout spot is just below a psychological resistance of a wall we'd rather have an apex point be right at it or just above it so when it has that burst of volume coming into the breakout it's enough to carry it clear through that level when it has that burst of volume but then it runs right into a sort of a ceiling that's when you can have a false breakout so what is the apex point of the pattern what's the proximity of the nearest half dollar whole dollar relative to the apex point and what is the max loss of the pattern so the max loss generally speaking is going to be the low of this pullback right here so this is your max loss so if you're entering and it's the bottom of that wick so if you're entering in the high here is five dollars but this is 425 that's a 75 max loss that's going to be too much risk most likely it doesn't mean you can't take the trade you could still take the trade and you could take the approach of saying you know what i'm going to buy it at 4.95 but i'm not going to hold it all the way down to 425 i'm just going to set an arbitrary stop on this at 475. so you know risk 20 cents and it might drop down to 475 and then come up for a second attempt at five and the chart will look like it was never a bad chart why did you stop out well it's because i got in with a little too much size near the highs i couldn't afford to hold through the whole pullback different traders will have different points of view on this because i try to leverage my account which is to say i take as big of a position as i can possibly take for a lot of setups then i'm not going to be in a position to hold through a really big drawdown if you're gonna hold down 75 cents based on two to one profit loss ratio you should have the potential to make a dollar fifty so i'd rather hold down 15 cents with the potential to make 30 cents 30 cents especially on a three four dollar stock is much more obtainable than you know 50 75 cents or a dollar a share so you know again that that's you know your discretion do as you'd like use either a tight stop uh and know that sometimes you get stopped out and then it'll end up ripping but of course the best setups work right away you know the best setups don't falter they just go right through that level so if it doesn't work right away well you know it's probably okay you can always get back in if you really want to or you can use a looser stop but then you're gonna have to use smaller share size and the profit loss ratio still might not make sense so the max loss of the pattern and then uh enter the position then this is what i do if there's high relative volume and green on the tape as it approaches the apex point so high relative volume again the term that we talked about already that's versus the relative volume over the last 14 days we want to see it at least two times but preferably five times or higher and just for reference today the stocks that were on the scanner uh so this one leading gapper relative volume 710 spi relative volume 22 acer relative volume 310 i mean these are all except for this one they're almost all far in excess of the two to five so usually that's not going to be hard but sometimes you might have a stock that just pops up on one of your scanners in the middle of the day and you know it might have lower relative volume i mean all of these are in this column here are still pretty high this is 3.46 but this one's 0.42 right so that might be one where we say you know what i the relative volume is too low i can't justify a trade on it and generally if you looked at that stock what you would find is that it doesn't have news so we don't really know exactly why you know it's popping up five or ten percent you know it could be i don't know some large trader hedge fund or mutual fund decide to take a position there's a million reasons but the likelihood that it's going to continue intraday to become you know a 100 move without a catalyst is sort of unusual so then we've got our entry order types okay so for actually executing your entry so we're going to use i'm going to use hotkeys generally but you can use an order entry window if you'd prefer it's up to you and you'll see in the live trading archives examples of me using both so i'll show you that we'll get we're going to get into those examples in just a moment and it'll be a little easier to explain but i just want to make sure i kind of covered the bases here with this first so um using hotkeys uh or in the order entry window my order type is a marketable limit order so a marketable limit order uh that's a limit order where you're saying okay the ask on this stock here um you know right now is let's say the spread is 4.95 by five dollars so i'm going to put my buy order on this at 5 15 and i'm going to press the buy button and the second i press the buy button i'm going to start buying shares at the current price of whatever it is 4.98 4.99 i will keep getting filled my position but i won't fill anything higher than the high of my limit order so in the case of that example would be 5 15. i do that because and i always buy on the ask i don't buy them the bid i buy on the ask because if a stock is strong i will not have the opportunity to get filled on the bid if it's really strong it's moving quickly right now i won't fill on the bid so breakout traders always buy the ask and then we also will try to take profit on the ask we'll talk about that a little in just a second so as soon as i get in trade sometimes people say ross how do you manage your risk do you set a stop order you know what do you what do you how do you do this so i do not use live stop orders and i never have the reason is because if you use live stop orders if you put a stop order out let's say you buy 25 000 shares of this stock um that we were just talking about let's see by 25 000 shares of the stock at five dollars and you put a stop order at 475 it's a live stop order remember that broker dealers can see your stop order and they could stop hunt stop hunting is when the market makers and a sell order goes through they clear the book it drops down and as it sweeps down every order that goes through below someone's stop will make those uh orders execute as market sell orders the orders fill the stock drops and then immediately fills back in so you get these flash drops which are these candle wicks and then it fills right back in that's stop hunting it's called stop hunting and i never want to subject an order to get uh picked up by stop hunting market makers so i don't put out live stop orders now pre-market uh you can't put out stop orders anyways so prior to 9 30 stop orders aren't allowed so it doesn't really matter for pre-market and for regular hours even though i could do it i don't do it so mental stop only which means i need a button on my keyboard that i can press and when i press it my order will sell at the bid to bail out it's basically a panic sell button i don't want to have to pan excel if i can help it but i have that button on my keyboard just in case all right so that's a hotkey so now let's talk about the exit if this is a leveraged position all right so a leveraged position would be where you're using leverage or where you basically have you know a huge position in the stock i'm probably going to want to take a little profit through the breakout my highest risk is from the moment i am in with full size until i've taken some off the table so i'm going to be inclined to take some off the table and then i can look for continuation to add back to my position and this starts getting into very active trading which is what i do when we've got parabolic momentum for just base hit stuff i may not add back i may just get in and then take profit through the breakout if it's a smaller position you can hold through the breakout and then look for continuation to the next resistance level which is fine it just depends on your account size and how aggressive you are in in your strategy so depending on my cost basis and share size if i see red on the tape large sell orders or a red candle on the one minute and certainly on the five minute that may cause me um to go ahead and bail all right so and if i did that i'd be trying to sell on the ask but if i can't get filled then i'll hit the bit however using my hotkeys i sell into strength and i avoid hitting the bid at all costs because it feeds weakness and it will hurt my existing position so if i'm holding 25 000 shares and then i hit the bid for 12 500 shares it's gonna show as red on the tape right and what that red signals to other traders is weakness when i see red like that i interpret weakness i never want to hurt a position that i'm still holding and so i'm always going to try to sell into strength now a lot of beginner traders out there certainly robin hood traders traders that are on their mobile phone they might just do market order entry market order exits market order entries will be green on the tape because they're a buy order market order exits will be read on the tape and if you hit a market order exit with a large position which we sometimes see on some of these meme stocks it can cause these momentary flash drops as the market makers clear the book the fills stop hunting maybe perhaps as well and then it fills back in so that's something you have to be careful of it is more common on certain types of stocks especially meme stocks where you have multi-day hold uh traders that are holding positions from you know days or weeks previous that the stock has been trending using hotkeys i can also set profit target orders so i can send order to take a quarter of my position off the table up 15 cents or 25 cents i mean all of these hotkeys you can configure however you'd like i will do that in certain instances not all the time i'm more likely as it's going up just to put out my order at that moment to take profit um at the ask you can also use offsets above for profit or below if you've got a stock with a big spread which is fine but if you have a tighter spread stock you wouldn't want to do that probably stop the rest at average cost all right so stop it which is break even if it's a false breakout i'll still try to get out on the ask if i can but i'll hit the bid as a last resort okay so i went through that fairly quickly but let's go ahead and look at some live examples and see if this helps add a little bit more context to those those descriptions all right so hang on a second and by the way those just getting tuned in in case you didn't already know i am donating a dollar for every thumbs up we get during this video for humanitarian causes in ukraine and i'll be donating two dollars for every share that this uh video gets so i would love for you guys to share hit the thumbs up and share this broadcast all right so let's see okay so this is gonna be the first one we look at and so this is one of the live trading archives um one of the live trading archives that i've included in this um bundle of free downloads we're going to give you guys is from a day where i made a hundred and thirty-two thousand dollars so you can check that out that's a pretty cool one all right so let's look at this here all right so first we're gonna get oriented so let's look at our chart pattern okay so our chart pattern's right up here all right so we have a stock that has made a big move the ticker is abio the percentage gain on the day is 210 percent okay this is a big percentage gain let's see um let me check the float on abio today is 14 million shares on this particular day it may have been lower i'm not sure but in any case so we've got this move up it's about 10 30 a.m we have a red candle at the top a second candle pullback this candle has formed what you'll notice is that i have already drawn a line at 12 51. note that 1251 1250 is psychological resistance because it's a half dollar if we look at the one minute chart you will see that it pulled back quickly came back up and was under 12.50 couldn't break did one of those flash crash kind of drops came back up went sideways tried to break 1250 again couldn't do it came back down double bottom off of 1160. now if you're a dip trader you could certainly look for a double bottom off of 1160 as one of your entries that's an entry that i would consider to be riskier and since a lot of you are probably beginner traders and feel free to comment below with how long you've been trading which is out of curiosity since my guess is many of you are beginner traders i would say that dip trading is not the place to start while you might think well you get a better entry buying on a dip that's true but it requires a high degree of intuition about whether or not the stock is dipping and is going to keep going higher or has reversed and is going to keep going lower so that educated intuition takes a lot of experience so i would start by focusing on breakout trades breakout trades are where you're going to have high volume it's where you're going to have breakout or bailout instant resolution when they work they work right away when they don't work they don't work there's no guessing and you're not going to be too much in the habit of buying stocks or selling off so thanks for for chiming in there on how long you guys have been trading so a lot of you are fairly new so i would be very cautious about buying dips okay so um so on this one um let's see so this is our chart pattern so i'm gonna go ahead and press the play button uh and this do i maybe i'll so if you don't know what this window is this is a level two window i have other videos on how to read level two how to use level two so i have content around that if you're interested um this is our order entry window right here okay so this is my order entry window and i have this same setup for four different stocks one two three four and then i have the chart in focus for the one stock that i'm trading okay so in the case of this stock i already have an order prepared at 12.52 that's the price for 2 000 shares and i have my mouse on the buy button i am ready to click the buy button and you see there's some green on the tape right there so when i'm talking about the tape this is what i'm talking about this section right here those are the transactions that are actually going through the market there's more green on the tape there at 40. so the question on this is will i get in a little early to try to anticipate the break through 1250 hands on there we go so hand was on the buy button right there now 2 000 shares as many of you know for me is a starter position so this is a trade where i took a starter position at 12 20 and 12 25. now i didn't really care whether it was 20 or 25 my order was still 1252 but i clicked the buy button twice and in the same second i filled five cents apart my order's filled actually between the spread so this first entry is not one that is a beginner trader you would have had the confidence most likely to take your entry is going to be 12.50 now you pay a higher price for confirmation but you avoid the risk of false breakout at least the fact like right here if this drops back down to 1160 you'd look back at the chart and you'd be like why did you even buy it you didn't get the first candle to make a new high so now up here i have added at 37 and so initial starter was at 20 now adding as we're approaching this breakout level 12.50 now we see on the level 2 a 15 000 share seller at 42. new order i've moved up to 1261. that seller is starting to get bought up see it went from 15 to 10 to 7 7 000 shares on the ask and then it pulls back again this is a chart that i would say is multi-time frame alignment that means both our one minute and our five minute are giving us the same message now there's a little bit of a red flag on the five minute chart and that is that the high a day volume uh the highest candle was a red doji which is a reversal indicator and it's on fairly high volume aside from that it's a pretty good five minute chart for a first candle to make a new high it's also just a little extended off its nine moving average which is this gray line so it's not perfect but it's pretty good the one minute is fine and the level that we need to see break is 12.50 so that right there is what we look for that's called resolution that's the breakout now one of the problems is if you waited for the break of 1250 in this case you might have missed it right so i now have 10 000 shares at an average price of 12.32 and i'm up 3321 dollars so you can see my open p l right here and this is a up a spot right here where i could take half off the table if i wanted to alternatively i could add because we're still just opening up confirmation is just started and we still have a target of 13 and i don't remember what i do so we'll we'll we'll both find out uh but let's just rewind that for like three seconds so where was the indicator this was gonna break well if you were looking at the chart for your indicator it happens you don't really see it on the chart it just breaks through this level so on the chart you would probably say well based on the chart pattern the the entry is 1251 but of course it'll break quickly because that's the apex point so i'll probably want to get in this around maybe 12 45 12 48 just a little bit under that level to catch that break through that level now let's just step back for one second and talk about traitor psychology so we want to think about the inverse position what if you were short this stock what if you shorted this stock maybe around 1240 one of the times it came up to 1250 and then reversed off that level because we know that there was psychological resistance at 12.50 so you're short at 12 40. it drops down to 11 or 2 sorry 12 maybe you add short it flushes down to 1160 it looks like it's going to roll over and it's done you've got that red hi a day doji so makes sense but then it starts curling back up where do you cover that position well your stop is 1250 because that's the pivot but alternatively you're certainly covering it high of day which is 13. now of course some short short sellers would say i'm going to keep adding at 12 50 and 13 and if it goes to 14 i'll add more if it goes to 15 i'll add more and if it goes to 25 i'll add more but that's also how those short sellers blow up accounts so everyone has to manage risk whether you're long or short so 1250 because that's a place where a short seller will likely cover you should see short covering to help propel the stock through that level that's what you want to see all right so at 12.50 at 12 45 12 46 12 47 12 48 you're gonna have some short sellers who start to cover a little early so they don't get as much slippage on the breakout this is the exact same as what i do when i'm selling a stock at 1205 before catching the break of 12 and then slippage down to 1160 at the bottom of a bottoming tail right so it's anticipating what's going to happen so as a long trader you can capitalize on that by getting in as you're seeing green on the tape to anticipate the squeeze through that level you're also going to have some traders who use buy stop orders so a buy stop order is an order that will trigger when a stock crosses a certain price so that's that may be something that someone would use if they're taking more of a five-minute long trade probably with smaller share size for a longer hold time if they put that order at 1250 it's going to execute market long as soon as it breaks 1250 so let's go back to this example here so let's again reorient ourselves so we've got 1242 on the ask we've got green on the tape and right there all of a sudden look at this green now we're at 1250 and with all of that green it's going to propel it through this level and it's going to snap immediately to 76. 75 and i put the order out right there to take half off the table okay so i took half off the table selling into strength i'm going to be happy to add back to this position but first i'm taking profit off the table i'm protecting myself in the event that this becomes a false breakout where it goes you know 1266 and then immediately reverses so i'm you know you know taking a little profit off the table which is the right decision so sort of adding a little cushion and then the high was 1280. i've got another order here at 1266 to sell the ask it's not selling this has to hold over what level well psychological resistance was 12.50 so it can come back and re-test 1250 and if you're aggressive you could buy a dip off of 1250 or 1255 with a stop at 12.48 right because again you're setting your stop right underneath psychological support and this just came down and it held that level so now is it going to break through 1240 uh 1284 let's see so let's back this up again let's watch the whole thing all right so we're coming up we break through 12 7 12 50 we'll go 1270 1277 and i take a little bit off the table at 69. now we've got 12 74 i put an order to sell half it doesn't fill and see how i place an order at the ask and then cancel it and place a new one if my order doesn't fill i'll i have to cancel and place a new one but i'd rather sell on the ask than selling the bid and look at that there we go okay now this in this instance look at that i just added at 1207. sorry 1307. now we're looking for a squeeze up to 13.50 look at how fast that trade was let's back this up so this would have been a perfect example of a dip off of 1250 right down here 1253 1258 this would have been a great place to buy with a stop at 12 48. and and that's totally fine so this is what we would call right here this is a one minute micro pullback so on the five minute this is a five minute bull flag we have resolution and this on the one minute we would call the first pullback following the five minute breakout or we would call it a one minute micro pullback following a five minute breakout so we popped up i was already in from before but if you weren't already in right get in the mind of someone who's not already in if you're not already in where would you buy well you'd let it pull back and then you'd buy the break over this candle and your target would be a squeeze to the high what if you're still short what if you haven't covered yet where would you cover as it breaks through this level because you don't want to be holding as it squeezes through the high could go into a halt up all right so let's watch this again we'll back this up so the entry again on this one my entry was a little bit early on a sort of a dip so this wasn't the the best example for a beginner entry because i was i was adding it um 1225 sort of mid-range with a stop just under 12 dollars but then i added at 12 35 but right here as this comes up so you could have certainly added right here at 12 40. and does it break not quite okay that's okay so you still have your stop most likely at 12. when you get in a little higher you've got a bigger stop and then you watch for the second attempt so now it's coming let's see 35 46 40 set 40 uh sorry 36 37 49 and this is the place to be punching that buy button and now you could take a little off the table if you'd like or you could even keep adding right in here depending on how aggressive you want to be adding right there at 58 and 60 would be a great dip trade stop is at 48. now we're looking for the breakthrough 85. it breaks 85 goes right to 97. now we're looking for the pop through 13. there's 98 on the ask pops up there's 1308 there's 13 24. i got an exit 4 000 shares at 13 24. okay so this is just one example now for reference um again this is this is what i do for members of warrior trading we've got any more examples i could possibly count our slide deck is over a thousand slides and it's all strategy development because there's more than one pattern this is just one pattern and this is one example of that pattern but i'll show you a couple more today all right so now let's look at um this one which is called let's see again those you guys who haven't already downloaded um uh or signed up here for this download make sure you do that you'll get a copy of my micro strategy lesson pdf a copy of my small account strategy worksheet some more live trading orders just like um live trading archives just like the one i just showed you i appreciate trading checklist and a special video on holding losers too long all right okay so here's another one all right so this one this is a micro pullback okay so uh and yes thank you for those who are hitting the thumbs up i really appreciate it again donating a dollar for every thumbs up and donating two dollars today for every uh time the video is shared so right here this stock wahfu it's up 349 it just squeezed up through the volume weighted average price that's a technical indicator again if you're not familiar with those indicators i've got other videos where i talk about them so now we're on a one minute micro pullback following the break of v wap okay the high is looks like around 12 uh 10 12 or so i'm holding uh 333 shares at the beginning of this video and watching hand is on the buy button so again getting oriented we've got our level two we've got some green on the tape order entries ready for 10 10 and 30 cents share size 1500 shares hands on the buy button are we going to hold 10 psychological support actually looks like the high right here was a little a little higher maybe around 10 dollars and 20 cents and one of the things here is that this candle closed red so like let's look at our volume profile high volume green candles light volume red candle now we're looking for first candle to make a new high high volume so for those that are curious like what's the benefit of you know being a member of warrior trading one of the benefits is the live market commentary while i'm trading because i've been doing this for so long i can keep all of these things in my focus at the same time volume profile position relative to technical indicators position relative to high of day the candle of the high a day volume the daily chart this is a lot of stuff to keep organized at the same time and this moves quick so it really helps to have you know first base coach uh kind of saying this is what i'm looking at here and it's not just first base coach i mean i'm actually running around the basis here doing the trades okay so let's back that up so this was an entry exactly the first candle making new high see the green on the tape right here at 14. boom boom that's where i'm pressing the buy button now i just bought as it squeezed up here 6 000 shares okay this candle has just started to make a new high and now we're looking for a squeeze through the high right there target is 12.50 my cost basis is 10.14 okay so let's watch this there's green and look at how fast that resolves up to 10.49 now i will say that this doesn't have perfect multi-time frame alignment the five-minute charts not perfect the five-minute charts in fact a bit extended with this entry up here but this is a one minute pullback following a fresh break of v web and this is where short sellers will start to get squeezed out who were holding short for an all-day sell-off because now all of a sudden uh-oh this thing's back above v-wap and it's looking strong for a move up to 12 39 so let's see how high it wants to go to manage risk i take a little off the table into that squeeze right so it took a little off the table there new order is ready to add back the high this candle is around 10.60 added back right there at 10 55. i took profit and then i added back on that micro pullback at 10 55 now looking for 65 75 and 85 the red to green is at 11 11 right here is today's open so there's 75 now i'm holding 6000 shares to 42 average and i just added right there for the breakthrough eleven taking a little profit off the table as we squeeze through the psychological resistance of eleven dollars now eleven is holding a support i may wanna consider buying a dip right here okay 11 broke still holding a 1052 average putting my order 1150 and added right there 10.99 average 7 000 shares long profit at 11.25 look at how fast this is moving now these are bordering on quick breakout trades right around psychological levels of support and resistance bought the dip right there at 11 13 so that was a dip trade it should break over 25 real quick we don't want to break below 11. and i stopped out there for a small loss as it came back down to 11. so you know again this is initially this was the first setup and within that i took three trades was it three or maybe four so the first trade was uh the first kill to make a new high and then i took profit at 55 and then i added back at 55 with the squeeze up to 11 and then it pulled back and then i added back around 11 whatever it was for the move up to 11.50 so trading around half dollars whole dollars very aggressive that's the way i trade it you don't have to trade it that aggressive you could trade however you want you could say oh well i'm just going to buy this and i'm not going to sell it 11.50 i'm going to set my target at 12 19 and i'm going to let it work that's fine too a smaller position but a bigger move it's fine just different ways to approach trading so my exits are entirely with hot keys by pressing the buttons little pause there that looks like possibly a little order a little um internet latency it's very unlikely that the level two actually paused let's see so this is where i got in there you go look at that wow that right there was a clean trade let's back that one up so the first dip didn't work the second one did so bought the dip at 11 13 stop is 11 now that's the same thing i did before remember i stopped at 1101 so i lost like 900 bucks but i got back in i tried it again alternatively where could you wait to add well let's look at the clock i haven't even mentioned this yet the clock we've got our clock right up here it's showing 10 22 and 40 seconds how many seconds do we have left on this one minute candle we've got 20 seconds left of course 60 seconds in a minute so what we're looking at here is first candle to make a new high all right now our high was 11.50 and my suspicion here is that this is going to break look at that now this candle is turning green now we've got 35 this is a micro pullback and i'm adding right here at 44 for the breakthrough psychological resistance even if you only add there that's fine as your first trade you get in at 11 44 for the break of 11 45 11 sorry 11 50. and watch 11 50 hit pause for a second then that's 11.72 now you want to go real aggressive add here at 11.75 why not you've got an average of 11 21 do it or take profit either way right if you're aggressive you're going to add and sometimes i will and sometimes i won't in that case i sold it 1181 and that was most likely a hotkey mistake i probably meant to sell half and i accidentally sold the whole thing and sometimes that happens with hotkeys you know you've got a whole set of hotkeys on your keyboard and in an instance you press one and then oops uh oh i pressed the wrong one and on that trade with nine thousand shares i left 40 cents on the table four thousand bucks just about so now we're coming up to 11 26 and i realized oh shoot i fill up see my mouse is over here at this and i'm realizing i filled at 1181 that's not a good fill but oh well so now watching 1126 the halt level what the hell level moves up there we go there's 11 sorry there's a 1252 now pulling out the chart a little bit more recognizing of course we had that earlier high near 16 dollars so this ended up being a really epic one-minute pullback following a break of v-wap and i i very actively traded it i got in i got out i got in i got out in fact what i have done better if i just took the trade and held you know for the whole move sure but in this case it went to a high of 1150 and then it dropped to 10.75 that's a 75 pullback i went from being up a dollar a share to being up only like 25 cents right you know that's not that's not great so what'd this do um was that the end of the video yeah i guess that was the end of the video but that's fine all right so uh i got another one hey by the way if you guys enjoy these kind of videos if this is helpful for you this is how i teach for students that are over at warrior trading generally the classes are uh they're they're uh a combination of going in and out of a slide deck where i've got a ton of examples all right so like this for instance so i'm going in and out of this slide deck where i've got all of these examples this is a slide deck that's like a thousand slides long all right so down here and then we go into the live trading archives so one of the goals that i've had for the way i teach is that i try to connect the dots so there's a clear path in the strategy like sort of the description of what trading is and what i tr what i trade so i could have just said okay guys entries and exits buy the first candle to make a new high and then take profit as it goes higher video is over hit the thumbs up and that would have been a less than a minute long video because simply that's what it is and that's what a lot of educators do they just give you the general generally speaking this is what it is and then they'll show you maybe one or two of their trades like this is what it looks like you buy here and you sell there done okay what i wanted to do because the feedback that i got from a lot of our students early on was that i just took a class with so and so and the problem is talked a lot about their trading showed a lot of patterns and that but there was this huge gap between all of that and like the actual execution like how do i actually execute that strategy how do i find those stocks in real time where do i actually press the buy button and sell button and so they finish those classes feeling like i'm i'm lost and i don't want um i don't want you to feel that way as always my legal disclaimer is that i can't guarantee that you're going to find success and trading is risky my results are not typical but i've made a real effort to make this educational experience as thorough as possible okay so let's see so we got that one um so we've got a we've got another one here um this one also a little bit more active trading thank you guys who have hit the thumbs up i appreciate it and of course um you are making a donation here so okay all right so let's back this one up this is a quick video so here we go very similar pattern that we just saw um a moment ago right i mean this is the same pattern that you see right here right so we're looking at first candle make a new high we've got three three four green candles a couple candles of pullback first candle to make a new high okay so what do we have here up on the screen we've got four green candles two red candles first kale to make a new high so i'm a buyer at 16 18. this is a cannabis stock so just added a thou two thousand shares there at sixteen dollars and nineteen cents okay so that's my that's my entry now this is already starting to resolve the high of this candle right what's our profit target our high is just under 17. daily chart it is below the 200. not great but it has a lot of room up to the 200. so it's it's still worth trading okay so there's 16.38 now you'll notice on this one a little bit stacked up see how there's a big stack of sellers at 39. see that wall you can see that on the level two there's 40 there's 47 there's 50 there's 60. i took a little off the table there into strength so this was basically of and then there's a 10 000 share bid that's good to see so this is a fairly simple first candle to make a new high now the ad back that got a little more aggressive okay so let's rewind this let's do it again so why did i buy here at 16.18 cents it's the first candle to make a new high what's my max loss technically the low of that candle 1570 ish but i'd rather set the stop tighter at around 16 so stop is 16 which means on this trade i'm risking 400 bucks i'm in it just under 16 19 16 20. so right here i'm up 200 bucks which is okay because that's a one-to-one risk to reward ratio so there we're coming up to 50 so i'm up 632 on this trade so we've got 1650 on the ask there we break it i add 1650. why psychological resistance i add for the break through that level scott no i don't get out with market orders i always say if i always try selling the ask that's a that's a limit order because i'm choosing the limit price with my hotkey if i have to hit the bid that would be a marketable limit order but just a marketable limit order all right so now my average is 1624. i added a thousand shares and as soon as it comes up to that level i put an order to sell half at 16.59 all right so that's a one cent offset below the ask i take a little more profit scaled down to just 375 shares so about 800 of profit and then look at this the level two let's see let's back that up one second see that 10 000 share order right there i saw that bid flash up and i thought you know what i should do i should buy why because if i buy here at 1654 5000 shares i can always turn around and sell to 1648 the 10 000 share buyer so i'm really only risking a couple cents so i add back right there 2000 shares average is 51 and there's 1680 on the ask up another 400 so that trade was based almost entirely on level two on the chart of course i knew we were on a breakout maybe a little bit of a dip trade but really it was a level two based entry taking a little off the table there at 83.84 new order goes at 17. now can i buy here 1695 97 for the breakthrough 17. let's watch if we see green on the tape now we're seeing a little red so it's pulling back a little bit still holding 594 shares at 16.50 it flashes down which is not super pretty so i glance over at the one minute chart and it's okay i mean it broke out it's not perfect now we're back down to 1643 and looks like that was the end of the video okay so i don't know how much where it goes from there so i might have lost on the last 600 shares didn't break through 17. all right i have do you guys want to see one more example or two more examples let's see you tell me okay all right so live trading itc all right so let's watch this one all right so this one um two more examples all right we'll do two more examples okay so this one here a little bit of a this is a little tricky okay so on this one i was using my small account i was doing a small account challenge so the pivot on this chart is this level right here the break of that level and then that sends us higher up towards our previous high a day which is around 29. so we've got a little bit of double top risk here and the high that candle was just under 27. the low big range if it can hold this level then you're looking for a squeeze back up to the high now we're looking for a micro pullback right in this area and then the first candle to make a new high through 27. so let's move this a little bit further forward so we're pulling back and let's watch this now we're coming back up a little bit more so see that first candle just made a new high right there so you could have bought that first candle to make a new high this is a small account challenge so i wanted to wait for confirmation and take a quick trade through the highs so the entry is going to be a little closer to 27. i need more confirmation to trust it paying a higher price for that the winner will probably be a little smaller but i'm okay with that so moving my order here up to 26.90 100 shares 27 100 shares and right here as we're seeing green i'm adding 300 shares at 26.78 for the break of 27. so looking for 85 and then 95 a break of 27 psychological resistance okay so up there 27 we had a little bit of a seller 10 000 shares and it broke right through no problem no problem okay now if you want to be aggressive you could add at 27.25 for the squeeze up to 27.50 new stop 26.99 20 or 27.05 set the stop just above this level depending on how you want to trade it so now we're looking for 27.50 and then a squeeze up towards 28. new orders at 27 uh 50. adding there at 40 to anticipate the breakthrough 50. there's 60 there's 70. now right into that squeeze it might not have been a bad idea to take half off the table i'm up almost a dollar a share there's 77 it's stalling out just a little bit there's 80 there's 90. can we break 28 on the break of 28 i should probably take a little off the table up over a dollar a share so see i should have taken profit there because it hit 28 it pulled back now 50 cents 27.50 and this is where you could start to feel like a little bit of weakness but i added aggressively and looking for the squeeze through 28 and my guess is that as soon as it breaks 28 i'll take it all off the table right there yep so took it all off the table for 532 dollars a profit so that was a small account challenge so that one's not maybe as exciting of a trade but a good trade and now let's look at um one last one here okay so this is pixie the setup is sort of similar to the one we looked at earlier on waffu i think it was which was a break over the volume weight average price so this hit a high of 12.50 it came up to the v-wap over it and then it's back below it the high of day is around 1494. so psychological target up around 1494. putting my order at 1253 for 1500 shares it's ready to go so that was the first candle to make a new high right there that was the spot where i could have taken an entry i didn't i added a little higher uh well wait a second [Music] um oh i'm focusing it looks like on a different stock at this moment all right so let me go a little further forward all right let me back this up all right so we've got a double top around 1250 so now i've added there at 12 45 for the break of 1250 looking for the squeeze up to 13. there's 69 30 on the bid 77 on the ask this one you can see has a tendency of popping and then having these topping tails this is a little bit of churn here there's more red on the time and sales than i'd really like so now we're on a one-minute pullback under 13. new orders at 13 halt levels 1335. and there you go there's 13 20. took some off the table at 13 18. and there's back to 13. so you know the question is how high does this one end up going does it does it sort of squeeze all the way back up to the high the video's not too much longer so i'm not sure how much higher it goes high was about 13.50 there's 13 53. you can see on this one a decent amount of red going through the tape and that that's something definitely to be mindful of if you're seeing that not sure why but you know it seems to be the case and that's probably an issue all right so let me back out of this again um i want to put this back up for those of you guys that want to keep learning i encourage you definitely to subscribe to the channel and hit the thumbs up if you hit the thumbs up of course we're donating a dollar for every thumbs up that we get up to 25 000 so thank you guys for doing that if you want to keep learning you're welcome to download my micro pullback strategy lesson pdf small account strategy worksheet live trading archive pre-trading checklist and a video on holding losers too long what i think i'll do here [Music] is maybe just a couple minutes of q a and answer questions that a few of you had and then i will uh end the broadcast and we'll see you guys first thing tomorrow morning for the morning show around uh 8 45 for those who are tuning in maybe just for the first time for this video i do the morning show every day around uh 8 30 9 o'clock i go live and then i give you my watch list for the day so what simulators are quick with orders yeah so that's that's a great one because i definitely encourage you to trade the simulator before you put real money on the line a td ameritrade simulator isn't as fast as the type of trading you were just seeing um really not even not even close so you've got a couple different options interactive brokers i think has a simulator but i think you have to have an account there so that would cost you somebody set up the account you can sign up for paid simulators they have a simulator sterling has simulators das trader has simulators but you have to pay for the real-time market data it's like 100 and some some of them are 150 175 a month so they're not super cheap which is kind of a pain for what it's worth for our pro members we do include access to the sterling simulator which would cost you probably about a hundred dollars a month to subscribe to on your own so that is included in your membership but you could also go subscribe on your own if you prefer how does your broker benefit from giving you margin so your broker benefits from more shares that you trade because some brokers will sell order flow so the more shares of orders that are being sold the more money they'll make brokers that are not selling order flow still get better negotiating ability by the amount of volume that their their firm is is trading so it's to their incentive to let you trade more aggressively so what exactly i look for in level two beyond the big uh the big orders i would say it's so someone asked me this earlier um about the spread uh you know one cent spread is not necessarily a good thing if you've got a really really tight spread then you know that's telling me that you've got a stock that is pretty thickly traded might have a higher float may not make as big of a move so a spread of three to five cents or five to ten is totally fine that's not a big deal i can look at the level two to see how stacked up the orders are going down on the bit or up on the ask and i can look at the tape and the tape is what i look at probably the most closely because i want to see is this moving quickly is it moving up quickly are there a lot of orders going through in green because that means there's other people stepping up to the plate and buying this thing and if there's other people buying and it's moving quickly that's where i want to be buying too so i don't use a cash account i do use a margin account in my retirement account i don't have leverage but it's still a margin account so i can trade very aggressively if i'd like to um when trading my small account challenge how's the um psychology differ from when i'm trading on my normal account so when i'm trading on a small account i naturally feel more pressure because i know that one mistake could blow up the account right so that means i'm going to be a little bit more cautious about my entries i'm going to trade less i'm going to focus on one trade a day and i'm going to take as big of a position as i can on that trade but i'm only going to take one trade a day and i'm going gonna focus on the best quality setups so by taking one trade a day if i can afford to buy a thousand shares of a three dollar stock that would be three thousand dollars in the trade and it goes up 20 cents that's a 200 winner that's a that's a great trade if it goes up 30 cents it's a 300 winner that's 10 percent one trade in and out that's it and then do it again tomorrow rinse and repeat one trade a day rinse and repeat again and again again until the account grows and if i have a loss i have a loss i'm going to because i'm focusing on the best quality setups my losses should be um smaller in percentage i'll have a higher accuracy but it's not possible i could take a 20 or 30 cent loss and be down 300. so the account be down 10 percent one day but by continuing that strategy as long as i'm maintaining 75 to 80 out of 10 trades with a one-to-one ratio i'm going to be profitable anything over 50 is profitability in terms of accuracy let's see um so you know beginner trader you could certainly set up a cash account they're easy to set up you could set up a cash account with td ameritrade you could trade half the balance every other day but there's pressure on that also that you just feel like you can only take one trade a day because of margin because or because you'll run out of buying power because buying power and then if you don't take it then you feel like oh man i didn't take the one trade i should have so i found trading with a cash account even more stressful than trading with a small margin account what do i mean sell the ask and not the bid so of course you can a market order is going to sell at the bid it's just a marketable order to sell at the bid and it's going to be a red order that goes through on the tape if you sell at the ask you're putting an order at the ask and you have to wait for someone to buy the shares from you and when they buy the shares the transaction will be green on the tape right so if you're holding a position my opinion is that i want to scale out slowly on the ask to get the best price and because i'm still holding a core position i don't want to hit the bid and have a red order go through because that increases bearish sentiment and i don't want to increase any bearish sentiment when i'm still holding a position i want to keep going up right so i just want to scale out slowly on the ask so those who have more questions what i encourage you to do is leave them down in the comments i can come back through and answer them later today i'll come back and continue answering questions as always they're posted on the youtube channel we always answer questions so please feel free to leave questions i'll be back at it first thing tomorrow morning for the live day trading morning show so make sure you guys tune in for that i'm happy to try to be as clear as possible if i know some questions coming up i can articulate um you know very specific things relative to this video on entries and exits i'll try to be extra mindful of that tomorrow all right so thank you so much for tuning in i hope you've enjoyed this episode this has been a little on the longer side but i hope it's been beneficial i hope you feel like you've learned a lot i want to remind you as always that trading is risky most beginner traders lose money and my results are not typical so i encourage you to take it slow and trade in a simulator before you put real money on the line do yourself that favor i didn't do it and i wish i had so really take it slow train a simulator before you put real money on the line don't try to blindly follow me or anyone else all right thank you for tuning in thank you for hitting the thumbs up we'll be doing some donations so i'm excited about that and i'll see you first thing tomorrow morning for the morning show you

Channel: Warrior Trading

Views: 553,477

Keywords: How to day trade, Ross Cameron, Warrior Trading, day trade, day trader, day trading, day trading for beginners, day trading live, day trading strategies, how to day trade for beginners, how to trade, how to trade stocks, learn to trade stocks, penny stocks to buy now, stock trading for beginners, stock trading for dummies, stocks to day trade, timing entries and exits, wall street, how to day trade stocks, price action trading, price action strategies

Id: ZS8x6xK8-Vk

Length: 83min 10sec (4990 seconds)

Published: Mon Apr 04 2022

Reddit Comments

[u/jep3210]

Ross is donating to Ukraine in this video. Head over and thumbs up and share. Then you also lean how he successfully times his entry and exits at the same time.