In this episode Iโ€™ll share Two Rules for Becoming Disciplined Trader
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Warrior Trading // Ross Cameron // Day Trade Warrior

Certainly on a day where I'm up 5 or 10,000 in the first hour of trading, clearly the Market's hot isn't this? Most certainly the time to dig deep? So in that book, by Annie Duke called quit, she talks about this story of taxi drivers in New York City and she shares that taxi drivers tend to work until they've made a certain amount of money and on a bad day they'll work a full 12-h hour shift and on a good day they'll just work for like 3 hours and then they're done for the rest of the shift. And she calculated that in fact, if they worked more on the days when the fairs were coming in, they would make exponentially more money, even if it meant on the days it was slow, they stopped before they hit their goal that is like for me was a real sort of Mind expansion. I was like whoa. So what about with trading on days when it's hot? I should put the pel to the metal and be aggressive.

and on days when it's cold, maybe I should stop trying so hard.

By Stock Chat

where the coffee is hot and so is the chat

15 thoughts on “When to quit day trading”
  1. Avataaar/Circle Created with python_avatars mart boring says:

    Is there any platforms that have good pre post market charts? For free/cheap

  2. Avataaar/Circle Created with python_avatars AngryTom Tom says:

    Im confused

  3. Avataaar/Circle Created with python_avatars Ada says:

    Wade Cook used to be a taxi driver and he implemented his money making theory as a taxi driver to stock trading. He would accept short ride fares (like scalping), rather than long ride fares (like most drivers prefer) and at the end of the day he would make more money than most of the other drivers. It makes sense.

  4. Avataaar/Circle Created with python_avatars Taechaphan Jitpraphawan says:

    Thank you Ross for sharing! Love the new style of content!! Yeah that is mind expansion for me too when look back and put to use on day trading

  5. Avataaar/Circle Created with python_avatars infinitely says:

    Get when the getting is good… but you still have to quit at some point, while you are ahead…which is impossible without great discipline.

  6. Avataaar/Circle Created with python_avatars Albert Hoffman says:

    Super glad to still see videos from you.๐ŸŽ‰

  7. Avataaar/Circle Created with python_avatars Princess-elect Amanda says:

    I have this book on Audible but i never finished it. Wasn't really sure how to apply it to trading. Thanks Ross.

  8. Avataaar/Circle Created with python_avatars Tronghung Dao says:

    โค๏ธโค๏ธโค๏ธ๐Ÿ‘‹๐Ÿ‘Œ๐Ÿ‘๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ

  9. Avataaar/Circle Created with python_avatars ken twist says:

    amazing content ..thank you Ross!!

  10. Avataaar/Circle Created with python_avatars Ordinary Matt says:

    I just downloaded all her books ๐Ÿ“š thanks for the vid

  11. Avataaar/Circle Created with python_avatars Is it safe? says:

    Thatโ€™s what today was for me.
    Didnโ€™t see anything that fit my strategy so I didnโ€™t enter anything. Makes sense coach!

  12. Avataaar/Circle Created with python_avatars Wencer says:

    Seems so obvious but on slow days I try so hard to hit my goal or to not end the day red I end up overtrading or just hitting my max loss..

  13. Avataaar/Circle Created with python_avatars NUMBER1 says:

    This is a mind expansion…

  14. Avataaar/Circle Created with python_avatars 4K Solutions says:

    Good counsel…

  15. Avataaar/Circle Created with python_avatars Frank Jones says:

    Without knowledge action is useless, and knowledge without action is futile." Abu Bakr

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