Watch my 2 hour Trader Psychology Interview with 4 traders and a trading psychology expert 👨💻😉 warrior.app/holding-losing-trades-video-lesson
@RalphFerdinand
Ай бұрын
Hey Ross, thank you for the link to the two hour talk about dealing with trading losses. It was very helpful. I’m going through very large red day losses in the simulator and this is helped me tremendously. Thank you.
@giettoencompany8168
7 ай бұрын
Needed to watch this. Held HOLO, SYRA at the end of their move and held longer hoping to break even. Too late for me ended up breaking my account, lost 30%.. No pain, no gain.. Thanks Ross for this timeless content...
@marwanhesham7407
7 ай бұрын
Good luck!
@AlimAbdul-e9x
28 күн бұрын
What Ross what’s say at around 6.50 to 7.15. Today trading USA tech 100 66 to 68 shares. Jumped in immediately went against me didn’t jump out held for the next 15min candle. Down 3k or something close. Let it ride for the rest of day and now -4.2k. Sim trading tho. About 9 months into learning to trade. Thanks so much Ross at the beginning I was just essentially just gambling. Just buying that company that I know. Then just buying anything that was up. I feel I have come sooo far already. I can’t even begin to imagine where I’m gonna be in 3yrs. Literally thanks to you. I’m like 95% sure this channel has changed my life. Can’t wait to soon be joining warrior pro. Thanks.
@AlimAbdul-e9x
28 күн бұрын
Was originally up 3.2k. Should of just ran with the money
@macfighter22
3 жыл бұрын
Just watched the 2 hour session. It was definitely worth the watch. I learned a lot about myself recently while diving into the psychology of trading. It's crazy how I can relate to all the emotions described in the video. I'm slowly becoming more aware of them. Next step is learning how to control them. Thanks for everything!
@DaytradeWarrior
3 жыл бұрын
You're welcome!
@Smt_Glaive
2 жыл бұрын
Same here. I've learnt to identify my emotions. Need to control em .
@lnguage8010
2 жыл бұрын
Appreciate real and transparent people like Ross in this space. Gives a much more realistic picture of the methodology and lifestyle. Thanks Ross 🙏
@DaytradeWarrior
2 жыл бұрын
We appreciate that!
@samoanstudios
2 жыл бұрын
Thanks for the video Ross. Trading psychology is my biggest obstacle. This is just what I needed to see.
@DaytradeWarrior
2 жыл бұрын
You're welcome!
@MrGchiasson
2 жыл бұрын
I learned this lesson in the last ten days. Yep...cut losers quick..shouldn't. Take the profit and stop 'wishing'.. Coulda... Learn the lesson an hour too late.. Uh huh. Lesson learned for just about $550.00 total losses.. I turned winning trades into, "oh hell" trades. Stay calm...the vomiting didn't last too long. Thanks for your fine work.
@DaytradeWarrior
2 жыл бұрын
You're welcome!
@haroldcheung5833
3 жыл бұрын
Thanks Ross !!! been following you three years. You are the one out there do trading for real deal !!! Trustworthy !!! wishes you will reach 1M subscribers before Dec 2021 !!!!
@DaytradeWarrior
3 жыл бұрын
You're welcome Harold!
@zackp3401
3 жыл бұрын
Thanks Ross! See you in the morning for live trading.
@DaytradeWarrior
2 жыл бұрын
Thanks for watching!
@stonkscronks1999
2 жыл бұрын
Your voice is very soothing, for that alone I should join your training.
@DaytradeWarrior
2 жыл бұрын
Thank you! 😊
@mrdukedo
3 жыл бұрын
Thank you Ross!
@DaytradeWarrior
2 жыл бұрын
Thanks for watching!
@jaimeisreal
3 жыл бұрын
Thank-you Ross. Hope you had a great day. Keep it up!
@DaytradeWarrior
3 жыл бұрын
You're welcome Jaime!
@MCJuntos
3 жыл бұрын
Thank you so much for this heart to heart talk
@DaytradeWarrior
2 жыл бұрын
Thanks for watching!
@deejay4837
3 ай бұрын
The fact that traders that statistically achieve success are those that have money is a tough one to get over. I think it spills out to other parts of life in general, but to subject of the matter even a more poignant one.
@marcf905
2 жыл бұрын
Id luv to see metrics from the early years when you were blowing up accounts and in what year did it start to come together for you?
@DaytradeWarrior
2 жыл бұрын
Thanks for the feedback!
@ronenavital1255
3 жыл бұрын
Thank you man Honest Ross ❤️
@DaytradeWarrior
2 жыл бұрын
Thanks for your thoughts!
@PIOTRMIK01
3 жыл бұрын
Ross thank you a lot for shearing your personal struggles with us
@DaytradeWarrior
3 жыл бұрын
You're welcome Piotr!
@Alchimistul369
2 жыл бұрын
Thank you man, i learned a lot from your story.Very nice of you to share this with us.God bless you!
@DaytradeWarrior
2 жыл бұрын
You're welcome Nicoara!
@markeger7611
2 жыл бұрын
These contents, about the psychological factors regarding the hurdles in trading are soo important, please more of these topics. To have a strong psychological minfullness is the main key factor for the succes on the long term, however it is also the most difficult to improve.
@DaytradeWarrior
2 жыл бұрын
Thank you Mark!
@cmajors999
5 ай бұрын
I made this mistake all week. I was Buying/Selling $50 here, etc.... and then Friday April 12, 2024 hit, and my HOLDS WERE DOWN 50% - 90%.
@konstantinburminsky7512
2 жыл бұрын
Thanks, you are a very kindful person!!
@DaytradeWarrior
2 жыл бұрын
You're welcome!
@robertaspringer466
3 жыл бұрын
Thank you
@DaytradeWarrior
3 жыл бұрын
Thanks for watching!
@atinKuop
2 жыл бұрын
Thanks Ross I totally fail that most important part of trading so I now recoqnize that am working on that bad habit.
@DaytradeWarrior
2 жыл бұрын
Thanks for your thoughts!
@jamesyoung9078
2 жыл бұрын
I m holding on PHUN and DWAC IN THE down position. 😭 Exactly what your telling me not to do. So sell instead of hold and hope
@DaytradeWarrior
2 жыл бұрын
So sorry to hear that!
@jamesyoung9078
2 жыл бұрын
Yeah that'll teach me to just go ahead and take your flagship crash course on investing for dummies.
@jamesyoung9078
2 жыл бұрын
In your course does it tell me what size monitor and hardware and trading platform I would need to be set up just like you boss. I want to be set up just like you. I'm sooo hungry for success man. As a hard working Cristian I don't waste time and money on women or partying or drugs and alcohol I own a small construction handyman service that is slowly growing but at this rate I work every day from dusk till dawn for the rest of my life.
@cbtaylor2012
2 жыл бұрын
Hit it on the nail - thanks for sharing 🙏
@DaytradeWarrior
2 жыл бұрын
Thanks for watching!
@tidan1
2 жыл бұрын
Great video. Thank you Ross.
@DaytradeWarrior
2 жыл бұрын
You're welcome!
@christianmaitner1403
3 жыл бұрын
Hi Ross! I do it a lot
@DaytradeWarrior
3 жыл бұрын
We hope this helps you improve!
@allwedoistwin
3 жыл бұрын
Jeez I needed this video today....that darn GWT.
@DaytradeWarrior
3 жыл бұрын
👍🤓
@cbtaylor2012
2 жыл бұрын
It’s the pattern day rule pressure to stretch your day trades too
@cbtaylor2012
2 жыл бұрын
Focus on Better quality setups 💯
@DaytradeWarrior
2 жыл бұрын
Thanks for watching!
@TraderRoss
3 жыл бұрын
yep it's always 1 big red trade that kills my account. It's 10 small losses combined.
@DaytradeWarrior
3 жыл бұрын
🤓👍
@tamimos12
3 жыл бұрын
Thank you Ross
@DaytradeWarrior
3 жыл бұрын
Thanks for watching!
@sixthscentsfragrances2140
2 жыл бұрын
This is my struggle!! I tell myself to get out and just keep holding on. Smh
@DaytradeWarrior
2 жыл бұрын
Sorry to hear that! If you haven't had a chance to attend yet, the best way for you to learn more about how to overcome that issue would be to join us in the next live Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
@johnfocht1402
3 жыл бұрын
Great video. 👍🏻👍🏻
@DaytradeWarrior
3 жыл бұрын
Thank you John!
@stevecross1725
3 жыл бұрын
Thanks 🙏 Ross
@DaytradeWarrior
3 жыл бұрын
You're welcome Steve!
@hbravoman
3 жыл бұрын
I held SPRT at 33 and held... and held... until it merged into Gree and lost over 15k. Lesson here is, use a stop loss!
@DaytradeWarrior
3 жыл бұрын
👍🤓
@aurakodiac7386
3 жыл бұрын
I started using trade ideas this week The gap scanner is not yielding anything good! GWS didn't come up until later in the session on the momo scanner.. think I'm venting the market is merciless rn!
@DaytradeWarrior
3 жыл бұрын
Sorry to hear that! You may want to think about using the Warrior Trading scanners instead! If you haven't had a chance to attend yet, the best way for you to learn more about those scanners would be to join us in the next live Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
@nevlonduguid4093
Жыл бұрын
I would argue that it's 90% mental and 10% skill anyone agree??
@DaytradeWarrior
Жыл бұрын
Hard to say for sure, certainly a large part is mental!
@yosilastv
Ай бұрын
I've been reading a book lately called "Best Losers Win" by Tom Hougaard that gives the same idea. The majority of people who trade the markets have between a relative and strong understanding of charts, indicators, and basic patterns, and yet the majority are still not profitable. His broad argument is that it's due to holding losers far too long, as well as holding winners too short. Much of this is emotional and behavior based, with a dash of rationality due to previous experiences in the markets and not letting go of those past trades and simply focusing on the market as it is TODAY. A VERY good read along with "Quit" by Annie Duke, which focuses more on emotional rationalizations such as Sunken Fallacy and the importance of Kill Criteria. In short, many struggle with the markets not because of technicals or fundamentals, but behavioral and emotional.
@colleenlyons8359
2 жыл бұрын
A colleague of mine has purchased stock at a discounted rate from the company that they work for (a large conglomerate company). However, their company is being bought out by another major corporation. My question is: If your company is being bought out by another company, should you sell your stock?
@DaytradeWarrior
2 жыл бұрын
Hey Colleen, Sorry, but we are unable to give financial advice.
@stevenray197
3 жыл бұрын
Thanks Ross, great Information and thanks for the link! Could you make a video on false breakouts and any tips to not get burned by them . Thanks
@liljohnny9997
3 жыл бұрын
My own pro tip for you "to not get burned", as you put it, would be pay CLOSE attention to the level 2 time and sales when these false breakouts occur, as this will literally let you know (if you know how to read the level 2 T&S properly) when these huge red candles will occur (the false breakout). The level 2 T&S will show massive sell offs within about a half of second or so before you actually see a red candle on your 1 minute chart.
@stevenray197
3 жыл бұрын
@@liljohnny9997 thanks and just to be clear it’s when I see big orders on the bid correct? Like bull flag pattern. Let’s say top of the flag is 4.50 and the corner is 4.00 then it break outs to 4.60 at this moment if looking at the level two and I see 4.80 4.90 big orders on the ask it will keep going up right? But if I see big orders on the bid at 4.40 4.20 3.99 it will slam down? Correct? Thanks
@DaytradeWarrior
3 жыл бұрын
Thanks for the suggestion, I'd be happy to share it with Ross!
@liljohnny9997
2 жыл бұрын
@@stevenray197Why didn't you do this when you got burned? Yes, indeed that is correct. But it happens fast, so I forgive you for not acting accordingly (react very quickly next time).
@stevenray197
2 жыл бұрын
@@liljohnny9997 ok thanks, yeah sometimes just reacting tooo slow ( and level 2 info is tricky to find ) but thank you for the information I’ll react much faster with my hot keys.
@jerryyap1516
2 жыл бұрын
Do you day trade Indices Futures which is highly liquid? Which is better indices or stocks.
@DaytradeWarrior
2 жыл бұрын
As day traders, we trade the US Equities markets, but our strategies can still be applied to other markets. Check out this page here where we explore this more in-depth: www.warriortrading.com/why-our-strategies-work-in-most-markets/
@jaystrading5907
3 жыл бұрын
Gwh a good stock to daytrade in scalp🚀
@DaytradeWarrior
3 жыл бұрын
👍
@Jar006
3 жыл бұрын
Anyone suggest a good paper trading platform to practice?
@groovyjython
3 жыл бұрын
tos
@douglasgreen437
3 жыл бұрын
Tradingview has it all..
@Jar006
3 жыл бұрын
thank you
@Fakestockguru
3 жыл бұрын
Webull
@DaytradeWarrior
2 жыл бұрын
The Warrior Trading simulator! If you haven't had a chance to attend yet, the best way for you to learn more would be to join us in the next live Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
@Peter-wn3pg
3 жыл бұрын
that was awesome!
@DaytradeWarrior
2 жыл бұрын
Thanks for sharing your thoughts!
@kylemartin4010
2 жыл бұрын
Buddy, are you a fan of the Grateful Dead? I like your t-shirts. I get that vibe.
@DaytradeWarrior
2 жыл бұрын
Yes Ross is a big fan!
@benjaminchristlieb829
3 жыл бұрын
I have a problem with that sometimes
@DaytradeWarrior
2 жыл бұрын
Hope this video helps!
@leahvang9094
2 жыл бұрын
I’m down 67k from day trading for the last 3 years. This isn’t for me. I should have just invested the 67k into a long term growth stock like AAPL OR TSLA. I would have been up 😢
@DaytradeWarrior
2 жыл бұрын
So sorry to hear that!
@morganlowen5394
3 жыл бұрын
At what point do you just have to hold and not cut them? I have a couple of stocks that are down 50%. I’ve fooled myself to believe they will come back.
@DaytradeWarrior
3 жыл бұрын
Ross always makes sure to have a stop loss, and would not hold a losing trade past the stop loss. He knows a losing trade can always get much worse!
@bertonnlacossade1702
2 жыл бұрын
I just blow my CMEG account by holding ADGI stock since pre market
@bertonnlacossade1702
2 жыл бұрын
I just need a second chance 🤦♂️
@bertonnlacossade1702
2 жыл бұрын
Don’t know what to do 🤦♂️
@DaytradeWarrior
2 жыл бұрын
So sorry to hear that! It may be a good idea for you to take a step back so you can take an opportunity to evaluate everything. Often, trying to make your losses back after this kind of experience can lead to even worse losses. You should think about trading in the simulator for a little bit, which is something you can access as a student of our community. If you haven't had a chance to attend yet, the best way for you to learn more would be to join us in the next live Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
@gilligan1477
2 жыл бұрын
how long is too long when holding a trade?
@DaytradeWarrior
2 жыл бұрын
Hey Gilligan, That is a question that Ross answers in his live webinars. If you haven't had a chance to attend yet, the best way for you to learn more about trading and how you can get started would be to join us in the next live Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
@DigitalYojimbo
3 жыл бұрын
Why ? I know why, because hope. Give up all hope be a better trader.
@DaytradeWarrior
2 жыл бұрын
Thanks for the thoughts!
@DigitalYojimbo
2 жыл бұрын
@@DaytradeWarrior lol I'm just kidding, what's trading without the fun ? Just money, who wants that ?
@zenveg
8 ай бұрын
Welcome back, you still have the issue? It's a sickness.
@bajaexpress5257
3 жыл бұрын
When you're shorting a stock is it as easy to get out of the position as when you're going along on a stock?
@Dannyws6
3 жыл бұрын
Depends on the spread. When shorting you have to cover and sometimes you have to buy the ask to cover.
@DaytradeWarrior
2 жыл бұрын
It is pretty much the same
@bajaexpress5257
2 жыл бұрын
@@DaytradeWarrior Not to be a pain. But how so? If the stock starts going up is it just as easy to get rid of it like a stock's going down? When I first got into paper trading I would always short stocks. But with real money I've always been hesitant even when they don't charge you for shorting.
@Dannyws6
2 жыл бұрын
@@bajaexpress5257 yes, all you have to do is buy the ask. If you short a stock from let’s say $10 and think it going to $9.50, but it squeezes to $10.45 all you have to do is buy the ask price and you covered. If the stock does go down like you said you can place a buy order at $9.50 to cover or buy the ask which could be $9.51. Hope that helps.
@bajaexpress5257
2 жыл бұрын
@@Dannyws6 Thank you.
@taittait55
3 жыл бұрын
New to trading, bought 50 shares of Koss on the halt and went into after market on the open, tried selling at a profit of USD100 and realized I have to hold to market opening. Big learning curve. Thanks for the videos Ross, you are a legend Sir.
@DaytradeWarrior
3 жыл бұрын
Thanks for sharing!
@trevorowen3299
2 жыл бұрын
Ross I bought $4000 of AYTU at 12.76 2 years ago and it is in the mid $2 range. I can’t cope with dumping it and losing $4000….should I just hold it hoping in a few years or more will turn around.?😂
@DaytradeWarrior
2 жыл бұрын
Hey Trevor, Sorry we're unable to give advice on a particular trade.
@roubikkeshishi5188
3 жыл бұрын
Hello how are you
@DaytradeWarrior
3 жыл бұрын
We are doing great, thanks for watching!
@alysakogandescossy4742
3 жыл бұрын
Where was this video 6 months ago! 😂
@DaytradeWarrior
3 жыл бұрын
Not made yet! 👍😂
@DONALD1951
3 жыл бұрын
I def hold too long..they get away from you quickly.
@DaytradeWarrior
3 жыл бұрын
👍
@dadozygaming
2 жыл бұрын
I should have watched this video before the crypto crash just a few days ago. I lost massively because I rode the crypto losses all the way down while using leverage. If it wasn't bad enough, I kept using leverage to try to catch the "recovery" only to go down multiple times, making the losses worse than if I simply held onto it. Worst decision I could make! Fortunately, I'm only using $30 starting money to trade that I got from crypto mining, so I won't repeat the same mistake if I use larger amounts.
@DaytradeWarrior
2 жыл бұрын
Sorry to hear about the losses!
@Abdul-db1zx
3 жыл бұрын
Good idea to cut the loss , otherwise you blow your account
@DaytradeWarrior
3 жыл бұрын
👍🤓
@vicktorus847
2 жыл бұрын
" I think that i am" , ha ha ha... if you are not who else could be ??
@DaytradeWarrior
2 жыл бұрын
👍
@user-fk8tr5ev8q
2 жыл бұрын
i cut them right away
@DaytradeWarrior
2 жыл бұрын
Thanks for sharing!
@jkdmmabox
3 жыл бұрын
How's it going Big Dawg?
@DaytradeWarrior
3 жыл бұрын
We are doing great, thanks for asking!
@jeffreygeorge667
3 жыл бұрын
I really want my portfolio to be up to $100,000,000 a year, I guess it can be possible…
@DaytradeWarrior
3 жыл бұрын
If you haven't had a chance to attend yet, the best way for you to learn more about trading and how you can get started would be to join us in the next live Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
@Dejan_23Unlimited
2 жыл бұрын
Wait, can you explain ! Fine $8.300.000 profit for the year since January Having 16.000 trades since January 🤔 190 trading days so far, so you are doing 84 trades per trading day 🤔🤔🤔 That’s like 8 trades every trading hour, and doing that non stop Non stop, each trading day every 5 minutes one trade opening and closing You are either machine or Lying, sorry man - but really 🤔🤔🤔🤔🤔
@DaytradeWarrior
2 жыл бұрын
That’s since Jan 1 2017, you can see the date in the report. The profit from 2021 is approx 3.5m
@Dejan_23Unlimited
2 жыл бұрын
@@DaytradeWarrior Sorry and Appreciate your reply. Thank you !
@MightyMeow-o9s
3 жыл бұрын
Great video!
@DaytradeWarrior
2 жыл бұрын
Thanks for watching!
@noriborre8356
3 жыл бұрын
Thank You
@DaytradeWarrior
3 жыл бұрын
You're welcome Nori!
@moneyneversleeps8941
2 жыл бұрын
When he walked through the “well, I’ll see if it holds $5.80….5.75…5.50…. Welllll maybe $5.00… weeellll maybe vwap. So real
@DaytradeWarrior
2 жыл бұрын
👍🤓
@MyVoras
5 ай бұрын
What do you think about TLRY AND CGC . ? The market opens slowly ,as a long investment...?
@chrisbellomo2763
3 ай бұрын
This is my biggest challenge so far. Thank you for the video and for making the interview available!
@Smt_Glaive
2 жыл бұрын
I've learnt the importance of cutting losses thanks to you. Thankyou for everything
@DaytradeWarrior
2 жыл бұрын
Thanks for your thoughts!
@nickh2053
3 жыл бұрын
Something else someone can do with a small account is to open 2 separate accounts. It’d be more cumbersome, but at least you’d have the ability to take more trades!
@DaytradeWarrior
3 жыл бұрын
👍
@goodman1127
6 ай бұрын
It's hope for reversal
@hamzehghazawi9253
7 ай бұрын
thank you
@RickFlairWoo5
3 жыл бұрын
CCXI should see 29.09 🔜 maybe Thursday not tomorrow
@lil18thletterking77
3 жыл бұрын
You promise?
@DaytradeWarrior
2 жыл бұрын
Thanks for sharing!
@paulharley2140
2 жыл бұрын
Absolutely love following Ross iv now got my 18 yr old daughter hooked on your channel.. dealing with loses is still hands down the best video lol I still be in tears laughing after 100 views
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