The biggest weakness of Scalping Strategies

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If you're a scalp trader, prepare to have a negative profit loss ratio if you don't cut your losses quickly! This is a strategy where you have to be ruthless about cutting losses, otherwise it will ruin your profit loss ratio and make it so you need to be right 90% of the time just to breakeven.

Before we continue...👀

💰Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money. 

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#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
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True! Don't be greedy also, and be patient in stock selection which sometimes means waiting longer for an entry🐏

Dr_Editing_Musk
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I agree 100%! Also, will we get podcast videos back? I enjoyed listening to them throughout the day 👍

Kersycorp
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This guy made me lose a lot of money by following his strategies 😤

johnboon
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Great points- set and keep to limits and tighter stop-loss orders. If not confident or willing to take a loss, simulate the trade and back test your approach and strategy before going live and entering a trade. Thanks Ross!

gerbacka
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Thank u so much ross for everything, I’ve learned how to trade with in 6-7months w a 90%+ accuracy

cubbiez
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The strongest stock each day seems to be strong for 1 -2 hour, then fade all day. Only opening hours when all traders are pushing up the stock, then shorting it down. Smallcap are the worst.

terjemartinussen
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Started with a $500 paper trading balance on Monday. I’m currently at $1619.50, I’ve learned a lot I. 4 days. A huge one was stuck to your plan… when I didn’t I saw it.

stelliumX
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Hi Ross et all,
What's the measure for accuracy? Is it the amount of time between entry and when the price takes off? Thanks!

DevotedLearner
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May I ask if your strategy is scalping the strongest stocks, please?

LanNguyen-vlbt
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Be willing to leave money on the table, and be willing to walk away from trading that day if there are no good setups

SavannahTheWeightLossWarrior
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Choose strong stocks, THEN scalp them.

lancevigorous