Warrior Trading

It's the final few days of a really successful 2017, so of course I've posted one of my biggest red days of the year. To a certain degree, traders get used to losses pretty quickly. They have to, or else they just stop trading. However, even traders who stick with it, build a strategy and...

My day-to-day trading routine doesn’t generally include keeping track of anything beyond my particular watchlist any tickers that might trip my momentum scanner. This is where I’ve found success, but a lot of the new traders I speak with want a broader view the of trading strategies and...

This week’s article’s going to seem like a bit of a downer, but it’s something that’s been really relevant for me in my trading. I’m going to talk about what I do immediately after I have a really good day, and what steps I take to make sure that good day doesn't...

I realized towards the end of November that I had fallen into a “whatever works” mentality in a lot of my day trading strategy. For the past week or more I would just set into my watchlist for the day and get into a couple trades, good or bad. After that, I would spend the rest of the...

It’s been a great year for the market — and for me personally. In the past month I’ve had my two of my best days ever as a trader. That was extremely gratifying. But, as every trader knows, all hot streaks come to an end. And this is where the real challenge of trading happens....

Since the election, the market has brushed off everything in its path and rallied nearly 25 percent. In years like this, we often see new people pile into the market to get in on the action. But don’t forget that this bull market has really been going on for the entirety of the current decade...

So far, 2017 has been a banner year for equity markets, with the major indexes setting and passing new highs on a near-weekly basis. But despite all of the action happening in stocks, the most notable financial headlines have been about cryptocurrencies, the most high profile of the which being...

I talk to a lot of new traders who have a decent amount of understanding of the market and how trading works. These are people who know the difference between penny stocks and stocks listed on OTC markets. They have pretty good grasp of things that even seasoned traders have a hard time getting a...

After a few years of being an active day trader, you begin to take for granted some of the things that you do on a daily basis. You forget that other people might have much narrower perspective on good trading habits. While there are moments that I can step back and realize the rarefied situation I...

If you’ve followed my trading at all, or have read my blog, you know that I love trading momentum stocks. One of my favorite strategies is catching stocks as they break out on high volume, getting in quickly, and exiting for a profit just before the momentum ends. This is the core of my...

After a few dozen days of mixed results trading familiar names, new daytraders tend to make some dramatic decisions about what and how they’re going to trade, or even whether they’ll continue trading at all. Those who persist frequently may find themselves turning to penny stocks. At...

Taxes are one of the most confounding hoops for daytraders to pass through when reporting profits and losses. Whether you’re trading full-time to make a living or just trying to shore up some cash for your long term savings goals, there are a huge variety of tax implications to consider....

Most new traders know these feelings — the denial, anger, grief and acceptance that comes after tallying up the numbers from a seemingly successful day of trading only to find your closing balance is far below your expectations. There are plenty of reasons this can happen — a lack of...

One of the key things most traders only learn after many hours of honing their craft is what they are trying to accomplish. I don’t mean why they are trading — the reason behind that should be to generate profit to continue investing or save for their future. What I mean is, traders...

I chat with many novice day traders every day, and the area that I consistently find new traders struggle with is understanding and adopting effective ways to manage risk. While many of these green traders have a solid surface-level understanding of risk management — the idea that having...