Warrior Trading

Pre-Webinar Prep
A successful day of trading starts with preparation. This worksheet will help you
get the most out of your free class “How to Day Trade” with Ross Cameron.
Who We Are:
Led by Ross Cameron and his team of trading mentors, Warrior Trading is one of the largest communities of
active day traders and investors in the world—with over 5,000 Warrior Pro members and over 700,000
subscribers on Facebook and YouTube.
We provide tools and support for every step in the journey to becoming a successful day trader. It starts with
an educational platform where new traders can learn the fundamentals of trading in our courses and then
hone their skills in our simulator. Once traders are ready to trade with real money, they’ll find an entire array
of tools at their disposal like our Stock Scanners. And experienced traders will find a community where they
can celebrate success and learn from the sting of a loss.
Our mission is to educate a community of traders on the fundamentals and strategies of consistent,
profitable day trading. We want to see our students find success in their trading career and living their life
with financial independence on their own terms.
Question to Ask Yourself Before the Webinar:

Beginners:
• Why do you want to learn to day trade?
• How many hours/day are you able to dedicate to studying?
• How will you hold yourself accountable to that schedule?
• What are you going to do that is different from the 90% of traders who fail?
• What time of day will you be able to trade?
• What account size will you start with when you begin live trading?
Intermediate and Experienced Traders

• What are your daily, weekly, and annual profit targets?
• Why is recording your trades important? What method will you use for reporting trade logs?
• What are you going to do when you have a bad trading day?
• Do you currently have a live trading account? If so, what broker are you using and what do you like/
dislike about that broker?
• If you have been trading with real money, then what is your profit and loss so far this month and this
year?
• What strategies have you implemented and how have those worked for you?
• Have you used a simulator or paper trading software? When you do, how do you make sure you treat it
like real money?
Day Trading Glossary:
Day Trading is defined as the simple act of buying shares of a stock with the intention of selling them on the
same day.
These terms will also be useful to know for beginners:
Float Profit/Loss ( P/L)

The number of outstanding shares available to A measure of the ability of a particular trading
trade. When the company did the initial IPO, they system to generate profit instead of loss and is
released shares. That number is typically the float, based on a percentage basis.
although there are 3 ways the number of shares
can change. The float is equal to the supply level. Relative Volume
Stocks with limited supply and high demand are One of the most important indicators day traders
the ones that move up or down the fastest. need to know. It shows how much volume a stock
has compared to its average volume for the same
Gaps period. It acts as a gauge indicating how in play a
Gaps on a daily chart occur when a stock opens stock is. The more in play it is, the more likely
higher or lower than it closed on the previous day. setups with follow through.
This happens when there is news or some type of
catalyst overnight. Swing Trading
The simple act of buying shares of a stock with the
Limit Order intention of holding them for at least one night.
A limit order is when you ask your broker to buy
you shares and state the most you are willing to Volatility
pay. A limit order of 1,000 at 5.05 will not fill higher A measure of the security’s stability and is usually
than that price. That means if the price moves calculated as the standard deviation derived over
quickly, you may not get 1,000 shares. a given period of time.
Moving Averages Volume

Technical indicators that tell us the average price A measure for the number of shares traded. A
of a stock over a period of time. They can be either stock that trades 1 million shares in a day has a
Simple Moving Averages or Exponential Moving volume of 1 million. Some stocks trade tens of
Averages. An Exponential Moving Average weighs millions in volume each day while others trade just
recent price action heavier than older price action. a few hundred thousand shares or less. As we
This means the moving average will move faster in watch the Time and Sales, we are able to see
response to recent moves. volume.
Questions?
Get in touch with the team by visiting our support website or emailing us at team@warriortrading.com

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Pre-Webinar Prep

Question to Ask Yourself Before the Webinar:

• How many hours/day are you able to dedicate to studying?

• How will you hold yourself accountable to that schedule?

• What time of day will you be able to trade?

Intermediate and Experienced Traders

These terms will also be useful to know for beginners:

Float Profit/Loss ( P/L)

Moving Averages Volume

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