Review of Warrior Trading

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I joined Warrior Trading when I was searching for a group of traders to exchange ideas with.  I was a commodity trader in the 1990’s and transitioned to online day trading in the early 2000’s.  By 2010 I had fully given up commodities and established a small fund for day trading and swing trading small cap stocks.  Since I began my career working on the trading floor I have always loved the relationships and interaction I’ve had with other traders.  In the world of online day trading there doesn’t have to be any interaction with other people.  This was extremely hard for me and that’s why I decided to join chat rooms.  Over the years I’ve bounced around a few chat rooms trying to find a place I can call home.  Luckily I found Warrior Trading, a chat room of professional traders who are serious about trading.  I’ve found my home!

Breaking News Alerts

As an active day trader I’m always looking for the next big mover.  As a trader on the floor this meant watching what other big traders were doing and always being quick to react.  With online trading I watch and listen for signs of breaking news.  Ross, the owner of Warrior Trading, screen shares his stock scanners all day long.  He also tells us when a stock is spiking up on volume.  We all begin checking sources to see if there is any breaking news.   Trading with a team in the Warrior Trading room means everyone is looking for news, checking market caps, checking outstanding floats, and we’re all looking for the same setups.  It’s like having a 150 guys in a trading floor all communicating without shouting!  It’s pretty amazing how the chat rooms work.

Ross has a moderator, Mike, who posts breaking news headlines almost the second they hit the wire.  These always give us a big edge because we know why a stock is spiking up before most traders.  Every edge we can get help us stay one step ahead of the institutional and high frequency traders.  There have been several days where I was able to take a trade on a breaking news stock and realize a 5 figure profit.  In other chat rooms I appreciated the ideas of other traders but I never experienced the level of quality alerts and trade ideas that are delivered every day by Warrior Trading.

The Day Trading Strategies

Ross has a really similar style of trading as me.  When I was a commodities trader I always looked to lock up my profits quickly.  I was a hit and run trader!  I looked for quick opportunities to flip large positions for small percentage gains and then repeat throughout the day.  Ross has a momentum day trading strategy that is really impressive.  He finds the low float runners and jumps on them early.  He usually takes a small gain on the first trade and then goes back in for a 2nd and 3rd trade.  I have learned that if I hit these stocks early in the morning, before 11am, I can almost always capture large percentage gains and wrap up trading by lunch time.  There aren’t good momentum stocks every day but when they are running I am jumping on them.

A Community of Professionals

What I respect most about the Warrior Trading community is the level of professionalism.  We are a group of professional traders all trading the markets day in and day out.  I really enjoy being part of the community and keeping in touch with the members.  I have become good friends with several traders who were also commodities traders or brokers before switching to online day trading.  Ross has worked really hard to build a chat room where beginner to advanced traders all feel at home and comfortable.  There are new traders in the room that ask newbie questions but they are always treated with respect and given helpful answers.  If you are looking for a room of top notch traders you should check out Warrior Trading.