Why most day traders lose money #daytrading

[MXALOVE]

It doesn't matter whether or not you make 20 cents or 20 thousand dollars, the skill is all that matters here and when you can be profitable month over month, year over year, you win.

[skatir]

I've been following Ross for years. My big growth came when I started taking 1-2% profits over and over, sometimes a dozen trades a week. Those $24 profits became $240 profits in six months, still taking 1-2% on each trade.

[gigibarrett]

I’m so thankful i saw this… i know I definitely needed to here this … makes perfect sense ..thank you

[JasRog]

I started a momoo acct with $1500 4 months ago, and have slowly grown it to almost 6k 😊😊

[Vi.king]

This came out of my feed at the right time. I've been missing signals and entries. Thank you for the reminder that it's not an overnight deal.

[gussalcedo]

You’re 100% right brother… you might get lucky and get 1 dollar out of the market on a random day but those .15 or .20 cent wins is where it’s at

[WinleyB]

Wise advice! Right now I’m going through changes with this perspective. And that’s the key 🤞🏼

[MillieMuncher]

Don't forget that the risk/reward is multiplied equally both ways. If that $0.12 increase is $1200 profit, the the $0.12 decrease is $1200 loss. So if a small account only makes $24 on the profit then the loss is only $24 and that's where you use the information to learn and perfect your trading patterns so that some day you can get to the big leagues and not worry about the bad trades as much

[leikezex]

I had so many blown accounts, and the most valuable lesson I got is just to be patient, have good risk management and scale up my account. It doesn't matter how small or big your account is, just be patient.

[davesian]

Ross is the man. Been watching him for years. Love this guy. 💯 Percent right

[uglytv]

Don't look at your $ look at your %

[r.arodriquez]

Thanks! you always have great advice 🙏🏾

[Thinktwicex]

this guy is on point all the time-and i listen to him everytime but i am just too hard headed- lol

[jorgegarcia]

Im paper trading until i consistently make gains before i start playing with real money

[Jdawg]

Consistency is the key 🔐 I appreciate your vids Ross you continue to spread some of the most knowledgeable information on day trading out their while keeping it realistic 🤙

[theroyalfamily]

That makes great sense. Get a dollar a share profit point.

[exaltedone]

I have the most success when I get in and get out while it's still climbing or at the first bit of hesitancy to move higher. It's when I hold it that it goes back to even or lower.

[mabs]

Love it.. thanks.. my goal is to make 5 cents per share with a 4K cash account. I only make 2 trades of 1000 per day. I’m practicing on my entries and exits and controlling my feelings. Consistency is the key. A couple of years then I’ll increase my size. 👍🏼is a marathon not sprint right?

[MaddieFishblob]

Yesterday I made $12, and today I entered some losing trades and made $2 total profit. Which I actually consider a win considering it’s my first week😗 & anyways, it might be better to start out with a smaller account cuz the pressure of larger numbers could easily lead to more mistakes if you aren’t ready for it

[Matt-qxjb]

If you have a small account you need to trade on margin which is higher risk but can make for a lot of profit potential