Election Day Trading +$200 | Ross’ Trade Recap

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Here we are on election day and the market is unsurprisingly slow. There was a lot of volatility this morning, so I only finished up $200. A flat day for me, but it’s always better to be green than red. Thursday I’m hosting a live workshop at 1:00PM EST. $CHFS (CHF Solutions Inc) +$85.00, $YECO (Yulong Eco-Materials Ltd) -$596.74, $NAKD (Naked Brand Group Ltd) -$180.86, $RKDA (Arcadia Biosciences Inc) -$272.14, $ANY (Sphere 3D Corp) +$2,531.90, $BOXL (Boxlight Corp) -$1,365.81, Total: +$201.35.

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Learning risk management, proper stock selection, and chart patterns is important, but those alone don’t create a trading strategy. A trading strategy requires details on the time of day you take these trades, what type of stocks you like to trade, what percentage to success you expect. All our students are required to paper trade and prove to me that they can trade on a percentage of success that is high enough to justify real trading. If you can’t make money in a demo account, you have no business trading a real account. We have saved students hundreds of thousands of dollars by encouraging paper trading while they are learning. The market will be here for a long time to come. The important thing for you right now is to build up the skills to trade the market successfully. You will learn that once you possess the skills to consistently make $20.00/day all it takes to make $200 is larger share size. Then all it takes to make $2000 is again, larger share size. The hardest part is being consistently green just $20/day. So that is our initial target for all of our students. Profitable trading 4/5 days per week for at least 3 months.

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Comments

T Walker says:

Stocks should get way more volatile after the election results later today/tomorrow. Get ready guys

Youtube Music1 says:

What do you think about buying one share of BRKA then selling it if it goes up at all?

Adam Mitchell says:

that blue drawing when talking about SCON looked a little suspect..hahah

kat2279 says:

Made $321 today. Went short on RL and long on GOGO. Both winners

BradtheBaker says:

When you talk about buying the slight pullback on the 15 second chart or even the 1 second chart, how do you recognize that on the 1 minute chart. I assume you barley trade off the 1 or 15 second chart, so in real time do you simply just watch the lv 2 or the actual chart? I really hope that this question makes sense to you.

Ashish Bisht says:

I always wonder what is the reason that you don’t trade mid cap Ross.
I mean what if u see great movement there? Do you just simply ignore?

Plz reply

Projekt 9 says:

What I like about these videos is that you are showing even small profits, most of these guys on youtube won’t show such small winners. I suppose it’s a pride thing, but I’ve been enjoying watching these smaller wins and explanations. I am curious though, the smaller wins are they coming from the use of this new platform you’re testing or because the market it’s that great for you at the moment?

Alex T says:

Ross u sold early. $boxl now at close to $4

Tommy Lee says:

Thanks for the recap, Ross. VCEL was really nice today.

jacobftww says:

14:15 loool

shockwave 1 says:

What’s the earliest we can trader pre-market? Can someone help me with this question please

david madle says:

Any profit is good! The momentum continues! thanks for all your videos.

T Walker says:

Green is always better than red. You know you’ve come a long way when you can say ‘ONLY $200’ lol. I made similar trades today you can see on my channel

TyKOmain says:

I’m pissed I missed boxl a little later in the morning. 2 really good setups with $0.50 cent moves. Still up $60

kevin flynn says:

in BOXL at 2.40 out at 2.55 i love it nice end to my loosing streak 🙂

Brutus Empire says:

Green is good

DavyBaby says:

I’ve been having a good amount of success trading after the first 20 minutes or so. Support and resistance begins identifying itself and offers some good scalp opportunities.

Youtube Music1 says:

Is their any fee at all for your Thursday event?

JDJASTL says:

Was ANY on the scanner?

Near says:

Im curious, when using that offshore suretrader account, was it tough to do the taxes for that? I plan on using CMEG next year and am just wondering if I should expect to have a hard time with a bunch of tax forms.

Griffin Ravo says:

Ross, do you ever trade short?

TJ Frass says:

Ross The Boss

TG Shaeffer says:

$BOXL is now up 120% at $4.25

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