Warrior Trading Real-Time Trade Alerts & Day Trading Chat Room
Student Case Study: Quits his Job & Makes $196k Day Trading
Special Bonuses Included with the Annual Chat Room Membership
High of Day Momentum Scanner Settings ($499 value)
My Favorite Stock Scanner Settings
I’ll share my favorite stock scanner settings with you. I’ve spend years customizing these scanners so they can find home run stocks just after they start running. This is the scanner I use to find trade ideas every single day.
Beginners Intro to Trading Course ($299 Value)
Beginners Intro to Trading Course
In this 90min class we will discuss the most important concepts you will need to master before you can trade profitably. I will introduce you to the topics of Opening a Brokerage Account, Placing Trades, Risk Management, Stock Selection, Finding Entries, and Stock Scanning.
Trade Reporting Excel Docs ($299 value)
To be successful you MUST meet certain Metrics of Success
Tracking trades & reporting your accuracy & profit/loss ratios is the first step. I’ll give you my trade reporting templates.
Learn How to Day Trade in our Day Trading Chat Room
What is a Day Trader?
Day Traders are two things, managers of risk and hunters of volatility. We thrive on market volatility because when markets are sideways, there are very few opportunities for profit. This means each day we hunt for the stocks that are likely to be the biggest movers on Wall Street. The trick is learning how to find them before the big move! I have developed a Day Trading Strategy for finding the big movers each morning. In our Day Trading Chat Room, we create a watch list of stocks each morning and begin trading as soon as the bell rings at 9:30am EST. All of my trades are called out in real-time over audio/video so our students can learn exactly how I trade the markets.
Over 90% of traders who come into the market will fail to make a living as traders. Your first course of action is to learn why they fail so you can avoid making the same mistakes! Failure is the direct result of poor risk management. Every trade carries risk and we must weigh that risk versus the potential reward of a successful trade. As a trader we are constantly performing risk analysis. This is one of the core concepts discussed in our Day Trading Courses. In brief, we will never take a trade that doesn’t offer the potential to double it’s risk. That means if we risk $100, it’s to make $200. Unfortunately many new day traders will unknowingly risk $200 to make $100, and then wonder why they are losing money day after day. The first step towards successful day trading is mastery over risk management.
Now that we’ve talked about Managing Risk, it’s important to note that this is only the first step to day trading success. Once you’ve learned to manage risk on each of your trades you have to learn to apply those risk management principals to the best stocks each day. Day trading profitably requires finding stocks with home run potential. In our Day Trading Chat Room I provide a watch list each day of 3-5 stocks with big potential. To develop the watch list I scan for breaking news on Bloomberg, Market Watch, and Seeking Alpha, and Benzinga. I assemble all of the breaking headlines into our watch list for students who don’t have time to get up early and do the research themselves.
As a beginner trader it’s easy to feel overwhelmed by the thousands of stocks you could trade on any given day. Check NASDAQ and the New York Stock Exchange (NYSE) to see learn more. We make it simple by employing state of the art stock scanners by Trade-Ideas to search the market for our favorites setups. Once we find our favorite setups we have to double check the news wire to see if there is breaking news that can justify a potential big move. In our Day Trading Chat Room we offer these scanners on screen share for our members to watch.
Warrior Trading hosts one of the largest day trading chat room in the world. We have thousands of traders participating in our chat room and attending our trading courses every day. The trading community has gathered around Warrior Trading because we create profitable traders. In fact, after our last Trading Course we conducted a survey of our students and found that over 80% are profitably trading the markets. These success stories are what make Warrior Trading such a unique place to trade. I hope you will join us in our community!
Now that you’ve learned to manage risk and find the right stocks, you need to find your entries! I call out all of my entries in our Day Trading Chat Room. Entries are based on patterns that are universally respected by traders. These patterns include Bull Flags and Flat Top Breakouts. Remember that this isn’t about finding the perfect pattern. Sometimes patterns will be a little sloppy, but as long as these patterns are forming on the right stocks, they will be acceptable setups for my strategy. In the Day Trading Chat Room I will call out setups as I see them forming to help show you exactly what we’re looking for!
Once you have learned to manage risk, choose the best stocks with home run potential, and find your entries, you are well on your way to developing a defined trading strategy. A trading strategy is a well written trading plan. The best traders follow a trading plan.
Sample Momentum Trading Plan
Time Frame: 9:30am – 12pm
Stock Type: Low Float Stock (under 50mil share)
Range Today: Should already be up at least 10%
Requirements: Stock should have a Catalyst or be a former runner, but technical breakouts are okay.
Entries: based on the setups we review in the Day Trading Course.
Exit Indicators: based on the indicators we review Day Trading Course.
Price Range: Price preferred between $1.50-10.00, but applicable for all prices. Higher prices should be 5min patterns only.
Accuracy: ___ % This will be based on your success
Profit Loss Ratio: _ : __ This will be based on your Avg Winners vs Avg Losers
How do you find stocks? Trade Ideas Stock Scanners (Yellow or Green Alerts)
Making a Living Day Trading
At Warrior Trading we teach day trading strategies specifically designed for income trading. This means our goal is to generate (relatively) consistent income from one of the most volatile markets in the world. When I was learning to trade, my goal was to double my $25k trading account each year so I could produce roughly $1k/week. I created strategies specifically designed around using a small account for generating income. In March of 2016, I challenged myself by funding a $1k trading account. In 1 month I was able to turn $1k into $8653 in verified gains for a 763% return. This was based on ONLY trading Momentum Strategies from 9:30am-12pm. Every trade during this challenge was called out over audio/video in our Day Trading Chat Room, providing students a front seat view of how to grow a small account. If you are ready to start your career as a trader, we’re here to help.