Ross here from Warrior Trading. In this video, I’m going to walk you through my new day trading station, and I’m going to walk you through what I would say is probably the basic trading station that most six and seven-figure traders would be using at a minimum. I would say this […]
What’s up, everyone? Ross here from Warrior Trading. So recap for today, we’ll go over the trades I took. Traded three stocks in two accounts, my main account and my retirement account. Finishing up about 1400 in my main account and about 7,300 in my retirement. That’s just under $9,000 on the day. Not bad. […]
In the last ten or so years, the US stock market has been unrepentant in always ripping higher when we think the bear market is just around the corner. Even a massive pandemic in which policymakers responded to with global lockdowns couldn’t keep stocks down for more than a month or so. One of the […]
The Island Reversal Pattern is a chart pattern that involves a gap in price, consolidation and then another gap in the opposite direction (creating an island of candles as you’ll see in the below charts). Intro In their attempt to understand the movement of prices in different financial markets, pioneers of technical analysis techniques have […]
Most people who start out trading have a small account, which falls in the $25,000 or less category. Day trading in a small account requires agility and precision in your trading. You don’t have the luxury of a ton of cash to fall back on so trading decisions need to be well thought out and […]
“Watch the market leaders, the stocks that have led the charge upward in a bull market. That is where the action is and where the money is to be made. As the leaders go, so goes the entire market. If you cannot make money in the leaders, you are not going to make money in […]
A stock market or a stock exchange is a physical place or digital platform where day traders and other types of investors buy or sell stocks or shares of publicly listed companies. The Frankfurt Stock Exchange, founded in the late sixteenth century, is the world’s oldest stock market. A stock or a share represents […]
If you want a TL;DR for this article, the main idea is that creating a consistent and easily repeatable process for your trading is the best way to never run out of trading ideas. Endlessly tweaking screener parameters and cycling through different software platforms doesn’t generate ideas–those are simply tools that make your process quicker […]
Market internals are indexes that serve to provide additional context beyond price about how the broad stock market is performing. or example, the most popular market internal is the Advance-Decline Index, which is a measure of the net number of stocks that went up today (number of advancing stocks – number of declining stocks […]
The power hour in stocks is typically referred to as the last hour of the trading day between 3 and 4 PM EST. Intro It’s well know that the regular trading hours for the Nasdaq Stock Market and the New York Stock Market (NYSE) are 9:30 a.m. ET to 4 p.m. ET on weekdays […]
