Many traders rely so much on technical indicators that they avoid or forget that all indicators are derived from price, so when you are using indicators you are adding an extra layer of analysis between yourself and price. Technical indicators are like different colored lenses, each one offers a different view, but the clearest view […]
New traders have a lot of things going through their head. Some are necessities, but most of it is noise. Because of this, it is easy to forget about the those things that can cause a trader to be unprofitable and inconsistent. Risk management is one of those things; to be more specific, stop losses. […]
5-Cent Tick Size Pilot Program For the first time in 15 years the Securities and Exchange Commission is testing a change in the bid-ask spread of a select group of stocks by implementing a Tick Size Pilot Program. 15 years ago, the market underwent decimalization. Prior to decimalization, all stocks had been trading in fractions […]
I often see new traders asking what trading books they should read that will help give them a head start on their trading so I’ve decided to review five books that I think every trader should read whether you are just starting out or are a veteran that needs a refresher. These are some of […]
My Journey to Becoming a Day Trader My path to a career becoming a Day Trader was far from direct. When I was going through school I learned about the stock market, but I never thought I’d be a Wall Street trader. Growing up a simple life in Vermont made it hard for me to […]
Stock Market Cycles and Momentum One of the greatest challenges of day trading, besides learning to tolerate occasional losses, is learning to anticipate cycles of momentum. Over my years of trading I’ve noticed the distinctive cycles of momentum. During a hot cycle we will see small cap stocks giving back to back 100% movers. Stocks […]
If you have spent any amount of time on social media you’ll see day traders flaunting the life style of traveling around the world, staying at the nicest hotels and driving the fanciest cars. Typically these posts show traders easily making the $1k/day goal on a laptop while sitting in a hot tub or a […]
Why I Founded Warrior Trading When I founded Warrior Trading in 2012 I had the goal of creating a hub where traders would come to learn about trading and exchange ideas. I started by creating a blog to document my experiences as I learned how to trade and developed my strategies. This helped me process […]
Why Do I Want To Day Trade? People often ask me, “Ross, what made you want to start trading”. My path to becoming a full-time Day Trader was far from direct. Although I’ve always had an interest in the stock market, growing up in Vermont and living in the country led me to believe a […]
Lessons on Day Trading Success & Failure Over my years of working with thousands of beginner traders in our Warrior Pro trading course I’ve discovered a lot about both day trading success and failure. I want to share some of those lessons with you today so you can learn the secrets to success quickly identify […]
