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+$55K in The Last 12 Days! | Ross’ Trade Recap

Warrior Trading | Learn to Day Trade
Warrior Trading | Learn to Day Trade
Episode • Sep 2, 2019 • 17m

What’s up, everyone? All right. We made it. It is the end of August, the end of what is typically the slowest month of the year for day traders. Gosh, we ended up finishing in great shape. The first 10 days were tough. The last 10, 12 days have been amazing. $55,000 in the last 12 days. I went from down 10 grand on the month to up 45,000. Now, this morning when I was getting ready to come into the office, I was picking out my outfit and stuff. I had this Jerry Garcia shirt which… I don’t know. August, Jerry Garcia, the Grateful Dead, it’s just… I don’t know. For me, I was like, “Oh, I’m going to wear that.” I looked at it, I picked it up. I said, “What the hell is the matter with you? There is no way I’m going to wear red on the last day of August. I just can’t risk it. Not in this market.”

Put it to the side and wore this shirt instead with the sunflower. Sunshine daydream. It’s August. It’s Labor Day weekend. Let’s all get out there, enjoy it, enjoy the warm weather. Those of you guys in Florida, stay safe. We’re going to be thinking about you. Well, I’ll be back at it Tuesday morning. We’ll start a new month, new chapter. All right? Set your goals for the month of September. Whatever your goal is, whether it’s to manage your risk better, focus on bigger winners, tighter stops, whatever the case is. We’re all going to start in the exact same place in September. All right?

New month, new you. Let’s get to it. I really encourage you guys to utilize the coupon code Labor Day. You’ll save 30% store-wide Warrior Starter course. Includes chatroom and sim. Warrior Pro course includes the Starter, the chatroom, and the sim. You can get in there. You can learn my strategies. Practicing the sim in September, October, November, December. The months are typically the hottest. Hopefully you’re able to start actually putting the pedal to the metal and making some money. All right. Hope to see you guys in the chatroom, in the classes and everyone else. See you first thing Tuesday morning.

All right, everyone. We’re going to do our midday market recap here. I’m going to finish the morning up. $2,500 in my main account plus another 1,700 in my retirement account. $4,263.76 which is not bad for the last day of August. Finally here at the end of the month, this has been a crazy month because I started with basically one two three, four, five red days in a row, which was terrible. I mean, just a terrible red streak. I didn’t have a green day for almost two weeks because during that five-day red streak, I also took two days off. It was like… Let’s see. I had one, two three, four, five, six, seven, eight, nine, 10 days where I was either breakeven or red, which is I think one of the longest cold streaks I’ve had in years. That was terrible. I was down 10,000 on the month, which is also disappointing.

I mean, I came into the month of August when I was in Italy in July with Roberto. We were talking and I said, “July or August is typically a difficult month for me. What I’m going to do this year is I’m going to take money out of my account. In August, I’m not going to be able to swing for the fences with really big share size. I’m just going to be a little bit more conservative. I expect it’s going to be a difficult month. I’m going to adjust my profit target to maybe only $10,000 or maybe just $20,000 of profit.” But even with small account size, the first week, I lost… Oh, I was down like three grand. No, actually, I was down about five grand by the end of the first week.

Then coming into the second week, I felt like I needed to compensate and make up for the fact that I was red on the month. I started trading a little bit in the afternoons. Trading in the afternoons got me into some trouble. I ended up losing more. Then I

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