Day Trading Strategies for Beginners: Class 1 of 12

Published on November 1, 2021

Day Trading Classes, Day Trading Strategies for Beginners: Class 1 of 12 – How To Make Money Day Trading Penny Stocks.

Start Your Day Trading Journey Today. Register for My FREE Webinar & Receive My Best Selling Book: https://warrior.app/day-trade-workshop

If you have ANY questions ?‍??❓ about my day trading strategies, ask them below! I personally respond to EVERY question posted on my videos ??

These are your 9 steps ? to starting your journey as a day trader….

1. Your first step to becoming a day trader in less than 90 days ? ⏰ is to register for my next FREE Day Trading 101 Webinar ?? ?‍? When you register you’ll get a free copy of my best selling book titled “How to Day Trade” ? – https://webinar.warriortrading.com/signup/

2. Your second step is to remember to ask me questions! I personally respond to every comment on my YouTube ??

3. Curious about how much I’ve made? Check out my verified ✅ broker statements from when I turned $583.15 into over $1mil ??? – https://www.warriortrading.com/verified-earnings-2019/

4. Wondering how much my students make? Read a case study of one students journey to making over $500,000 dollars ?? since learning my strategy – https://www.warriortrading.com/success-stories-john/

5. Want to watch me day trading LIVE? ??‍??‍? Join my day trading chat room and trade side by side with me – https://www.warriortrading.com/day-trading-chat-room/

6. Ready to fine tune your strategy by practicing in a real-time Paper Trading Simulator? ??? – https://www.warriortrading.com/paper-trading/

7. No PDT rule! ❌? My recommended stock broker for small day trading accounts (less than $5k) ?? – https://www.warriortrading.com/cmeg-broker-rebate-program/

8. Don’t understand the lingo? ????️ Learn the most important day trading terminology – https://www.warriortrading.com/day-trading-terminology/

9. Tips & tricks for setting up your first multi-monitor day trading station ?⌨️???? – https://www.youtube.com/watch?v=1VPQURM9C3g

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For 2019 I’ve updated all of my momentum day trading strategies to adapt to the current volatility in the market! Make sure you register to my upcoming webinar to learn what has changed in my strategy since this video was first uploaded!

This class you are watching is Class 1 of the Warrior Pro Course. It was taught live in 2015. Today’s Class 1 has changed substantially. First of all, it’s in WIDESCREEN format! Secondly, the content has been updated to reflect changes in the market in the last several years. I’ve found each year I teach the classes they get a little bit better. I hope this class inspires you to take the leap, take the path less traveled, and learn more about what it takes to become a day trader.

// Helpful Links
Day Trading Chat Room: https://www.warriortrading.com/day-trading-chat-room/
DayTrading Courses: https://www.warriortrading.com/trading-courses/
Gap and Go Trading Strategy: https://www.warriortrading.com/gap-go/
Momentum Trading Strategy: https://www.warriortrading.com/momentum-day-trading-strategy/
Reversal Trading Strategy: https://www.warriortrading.com/reversal-trading-strategy/
Contact Info: https://www.warriortrading.com/contact/

“Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime”…
 
// Learn How to Day Trade
As Day Traders our mission is simple. We are looking for stocks that we expect will move in a predictable direction. We want to take a position with a predefined stop level and profit target. Sounds easy right? In a lot of ways it is. But there are literally thousands of different strategies for trading the market. Every trader has a unique approach to trading. Our goal is to teach you our strategies. I have developed a series of profitable trading strategies for beginners. Our Trading Courses focus on the most fundamental aspects of a successful trade.

// Chart Patterns
After you understand risk management and proper stock selection, we teach you how to find stock patterns on charts. These patterns are how we base our risk and reward. We look for chart patterns that have well defined areas of support and resistance. We will use previous support levels as our stop price, or our risk, and we look at previous resistance areas as our initial profit target, or our reward. If the profit vs loss ratio is 2:1 we will take the trade. I teach both day trading strategies and swing trading strategies. For day trading we focus primarily on 5min charts while swing traders focus more on daily charts. The patterns in general are the same. I teach traders how to find patterns in real-time including Bull Flags, Bear Flags, Flat Tops, Flat Bottoms, and Rubber Band Reversal Setups.

#DayTrading #WarriorTrading #PennyStocks

Disclaimer: https://www.warriortrading.com/disclaimer

Day Trading Strategies for Beginners: Class 1 of 12, Day Trading Classes

How To Make Money Day Trading Penny Stocks Day Trading Strategies for Beginners: Class 1 of 12.

Read Interesting Articles Relevant to How To Make Money Day Trading Penny Stocks.

Benefits as well as Disadvantages of Day Trading

The most substantial benefit of day trading is that placements are not impacted by the opportunity of adverse over night information that has the potential to impact the rate of protections materially. Such information consists of crucial economic as well as revenues reports, as well as broker upgrades as well as downgrades that take place either before the marketplace opens or after the marketplace closes.

Trading on an intraday basis offers numerous other crucial benefits. One advantage is the capability to make use of tight stop-loss orders the act of increasing a quit rate to reduce losses from a long placement. Another consists of the enhanced access to margin as well as hence, greater utilize. Day trading additionally provides investors with even more knowing chances.

Nevertheless, with every positive side, there are additionally storm clouds. Downsides of day trading consist of insufficient time for a position to see boosts in revenue, sometimes any kind of revenue whatsoever, as well as enhanced commission expenses due to trading more frequently which eats away at the revenue margins an investor can expect.

Forex Day Trading Benefits

  • Positions are usually closed at the end of daily as well as are so untouched by threat from over night information or off-hours broker actions.
  • Limited stop-loss orders can safeguard placements from severe movements.
  • Routine investors have actually access to enhanced utilize as well as lower compensations.
  • Many trades boost the hands-on knowing experience.

Forex Day Trading Disadvantages

  • Regular trades do imply several commission expenses.
  • Some possessions are out-of-bounds, like mutual funds.
  • There may not be sufficient time for a position to realize a profit before it needs to be liquidated.
  • Losses can place rapidly, particularly if the margin is used to fund acquisitions. Margin calls are a genuine threat.

Day Trading Strategies for Beginners: Class 1 of 12Day Trading Strategies for Beginners: Class 1 of 12 Day Trading Strategies for Beginners: Class 1 of 12 Day Trading Strategies for Beginners: Class 1 of 12

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