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💰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.
❗❗My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
❌Do not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/.
🍏 All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.
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What’s my story? ✏️ You can read it here: https://www.warriortrading.com/ross-cameron/
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Our website is filled with free info 🔎 Start with this guide, no opt-in required: https://www.warriortrading.com/day-trading/
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#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
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.
❗❗My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
❌Do not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/.
🍏 All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.
✔️If you don’t agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos.
Still with me?
Now let’s dig into some helpful information …
What’s my story? ✏️ You can read it here: https://www.warriortrading.com/ross-cameron/
And check out my broker statements here 📝 https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/
Our website is filled with free info 🔎 Start with this guide, no opt-in required: https://www.warriortrading.com/day-trading/
Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class 💻 Register here: https://www.warriortrading.com/free-day-trading-class/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
Hey, everyone Ross here from Warrior Trading. So in this video, I'm going to talk about popular charting timeframes. So as an active trader, we're always looking at charts because charts provide the historical price action of a stock and they allow us to watch price action as it unfolds and creates chart patterns. So what you'll learn if you don't already know is that traders rely on certain time frames.
Because they're so popular now, their popularity creates a bit of a self-fulfilling prophecy. Whereas when traders are seeing a price action pattern forming on a popular time frame, they know that thousands and thousands and thousands of other traders are seeing the same pattern unfold. If it's a bullish pattern and all these people are watching it, it's more likely that it will resolve in the direction you'd expect. and so most traders want to use the time frames that are the most popular rather than using an obscure time frame that nobody else is using.
If you use an obscure time frame, you may be the only one seeing a pattern that's unfolding and that may not result in strong resolution. So let me show you what I mean. Let's jump in here to the charts. These are my light speed charts and and what you'll notice if I Pull this back here, we can just look at Apple For instance, today Apple squeezed up sort of mid day consolidation and then right around here ended up pulling back on this candle and consolidating just above the volume weighted average price.
All right Now this is a bearish pattern. This is a a bear. It's called a Bear Flag Its consolidation right here in the lows and the resolution for this pattern would be a break. To the downside now because many traders were watching the five-minute chart, it's more likely that they saw this pattern and were able to take this as an opportunity either to short the stock or to sell the open long positions that they may have been holding.
Now if I right? click here. I can go to chart parameters and I can see some of the other popular time frames. We have one minute and two minute charts. 10 minute, 15 minute, 30 minutes, Steamin it! These are probably the most popular intraday time frames, with the majority of traders using the one-minute the 5-minute and sometimes using the 15-minute or the 60-minute I.
Haven't seen a lot of traders that use the 10 minute or the 30 minute, but there may be some that do alright. So as we switch through these time frames, we can look at the 15 minute here for a moment and in this particular instance you see a fairly clear pattern of sell-off here. small bear flag. and these bear flags looks like a check mark.
They always for proper resolution would sell off. Sometimes they'll go higher, but we'd like to see that sell-off and so this was a clear 5-minute chart pattern. 15-minute chart pattern. So if you're watching the 15-minute chart, you would have seen it.
Now you would have also seen this on the 5-minute time frame. But if you were using let's say the 60 minute time frame, let's go to chart parameters and switch to 60-minute You may not have seen that pattern right? The 60 minute is a little too far out. You wouldn't have seen a pattern to take a train. So what I've found is that some of the best trades are ones that have multiple time frames all lining up at the same time. Both the 5-minute the 15-minute and the 60-minute are all confirming the same pattern. That's going to create a really strong breakout because traders they only use the 60 minute will see it. And of course traders that use the 15 and the 60 will definitely see it. And traders that use the 5 minute, 15 and the 60 will definitely see it.
So that means a lot of traders and investors are going to be seeing this pattern. Whereas in contrast, if you saw a pattern that was only on one timeframe such as the 1 minute which is probably used the least In general, although certainly use quite a bit, you may not see as much confirmation because simply you don't have enough traders that are watching the setup. Alright, so I Hope this has helped you understand some of the popular time frames in my trading. I Use the 1 minute, the 5 minute, and the the daily chart just to look at historical price action.
As usual, if you have any questions, don't hesitate to reach out if you're still watching. You must have really enjoyed that video. So why not subscribe and get email alerts anytime I upload new content. Remember when you subscribe, you become a member of the Warrior Trading family.
Once again Ross is the Boss ! 🇨🇦🚀
Why do you twitch so much when talking. Jesus Christ just sit still.
Good info., but the background music is very distracting. prefer without music
Thanks people who been trading can understand you better
I've been coming here for days to see your videos and today, nowadays I was wondering how useful you can get from the 10-second chart you use in your videos . And when opening youtube, it recommended this video to me. As if he was listening to me, hehe. I understand that this video has been around for a long time, but I wanted to ask you if you have made decisions based a lot on the 10-second chart, especially when you want to sell your position. Thanks in advance and thank you very much for all the videos!
Hi Ross, where can I find the 10sec chart that you use?! I don’t see a 10sec option under chart parameters on Lightspeed but I see that you use it on your live trading videos. I think it would be very beneficial to my trading strategy. Thank you in advance!
I absolutely love a video that is short but gets the point across. Four minutes job done! Nice job!
Thanks Ross .. I’ve been using the 5 min and 1 min .. but I’ll incorporate a 15 min in as well … thanks for the insight
Don't you use a 10sec as well
Good ideas! I like the break of the first 15 min bar…for those stocks that are MAX strong out of the gate. Combining this with trade management and position sizing..I have a strong edge
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Hi ross. In the daily time frame, do you use daily/year? Or monthly/year? Thanks.
Very helpful quick and accurate explanation of time frame trading. Nice work, Ross!
Your the man Ross, don't ever stop being yourself!!
Wow now this is very very clear explanation.. thank you buddy
Thanks for the videos Ross, i am fairly new to trading (only a few months) and I've tried a few different time charts and strategies in this time, I had a bad run this last week, almost all loses, but since watching this video and looking at the 1min and 5min and 60min charts i have managed to close 14 trades today with Nasdaq all GREEN, and only 2 loses! (Only for small amounts as i dont play with much money yet), thanks alot Ross!
Ross,
Thank you for all of your insight. I have watched 3 of your lessons and am progressing well.
Looking forward to the start of $1-500 days or more.
just stuble on to this Video! Awesome.. Question:…is it ok to use Tick Chart or Seconds chart? since TOS doesnt have the 15 or 30 second chart??????
On E signal do you use the signature subscription or the elite and is there a discount deal through warrior trading?
Thanks
Thanks Ross for this quick nice video. I think you mentioned in this video most day traders use 5 and 15 min, but you use 1, 5m with daily one for historical data. May I ask why you use 1m chart if it's not so popular among day traders?
Hey Ross, what do you mainly look at when watching level2?
Thank You!!
Thank you for everything you are doing.
Absolute gold.
Plan on starting in about 6 months. Want to soak up as much as possible first.
Thanks!
Pure gold
Hi ross. Do you only day trade or do you have long term positions in stocks aswell?
nice clean charts. pretty
How is that you don’t recommend the 1 min chart because not a whole lot of traders use it but you use it….🤔🤔…don’t want to criticize but want to make sure the 1 min chart is good. I use it all the time….
In two years of learning, I never thought about this… Thanks for explaining Ross.
I love the 1M 1W 1D.
Thank you master
do you know or yourself ever use the 3 min time frame i feel like this would be a good time frame for short term trading because it is a multiple of 5 min, 15 and 60