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Ross Cameron

Ross Cameron

Founder of Warrior Trading

Ross Cameron
Warrior Trading
Warrior Trading News
Tire Kickers
Boston
Employed Just looking around
Warrior Trading is a day trading community and online educational platform founded by Ross Cameron, a full-time professional day trader.
Cameron says the idea for a day-trading school germinated after he started a blog chronicling his day-trading experiences. As his audience grew, he opened a chat room for readers to share their tips and tricks.
To that end, Ross Cameron has plenty of knowledge to share. He opened his first trading account more than two decades ago while he was still in high school. His first transactions — executed via Ameritrade — were conducted in the summer of 2001. He started with just $1,000; ExxonMobil, Caterpillar, U. S. Steel, and Pfizer were among his first investments.
Cameron examined his assets daily and studied them over the summer, but the value of his holdings barely seemed to move.
During summers in high school and college, Cameron worked as a pool boy, mowed lawns, and helped a pottery teacher. He learned much from each of these jobs.
But since he could only make $10 to $20 mowing lawns, Cameron was drawn to the stock market. He took odd jobs to be able to afford to go to the movies and buy candy but believed other people invested in the stock market to become wealthy. After his dismal results in the summer of 2001, he thought that to earn considerable money in the stock market, one required either a huge amount of starting capital or deep-pocketed personal connections.
After Ross Cameron’s father died, he was left with $100,000 from the estate. Not yet trusting his instincts for stock market investing, he considered buying a rental property and becoming a property manager. However, that required a mortgage and a $100,000 down payment — but Cameron was refused a mortgage because he had no significant income he could show.
Facing facts, Cameron reconsidered investing with his funds. However, he still doubted his financial management abilities, so he got a financial planner to advise him. Even after the market recovered from the 2008 financial crisis, returns were still relatively poor.
At that time, Cameron was living in Vermont, he was struggling to find work, and he began to think that if he managed his assets himself, perhaps he could generate enough profit each year to justify making the money his full-time focus.
This was optimistic, to say the least; even if he returned 25% per year, $25,000 annually would not have covered his cost of living at that time.
However, Cameron had an old school friend who had made over $16,000 purchasing a penny stock on a whim. It was a light bulb moment for Cameron.
Since his account held more money than his friend’s, Ross Cameron started to think maybe it was possible to grow his account by 50% in one year (making roughly $200 a day) by trading penny stocks.
Cameron’s real-day trading education started here. He tried a little bit of everything — penny stocks, small-caps, large-caps, options, trade alert services, and custom buy/sell indicators — but he didn’t find any consistency. He certainly learned a lot about trading, but he wasn’t finding success.
Cameron spent all but $25,000 from his father’s bequest on losing trades and living costs while piling up roughly $30,000 in credit card debt. His trading account balance dipped to just under $20,000 after a $5,000 losing day. Since his balance was under $25,000, he couldn’t day trade. To raise $5,000, Cameron sold some of the contents of his barn on Craigslist.
It was back to the drawing board for Cameron. He reviewed his previous two years of trades, looking for a hint or suggestion of what was working. In truth, he had a successful strategy, but the “noise” of many of the trades was disguising it.
His method included trading stocks that gained 20% to 30% in a day. Mostly, these were small-cap stocks that traded between $2 and $10. Cameron realized he would be better off if he stopped trading Apple and other large-cap stocks entirely.
After his funds were briefly over $25,000 again, Cameron said, “This is it.” He saw his next trades as one last opportunity. With this thought, he started employing more discipline and began to see more consistency in his returns. To be sure, there were still a few bumps in the road. He wasn’t entirely out of the woods yet, but this was a turning point.
In 2012, Ross Cameron started Warrior Trading as a WordPress blog (its original name was Day-Trade Warrior). To track his day trading progress, he posted blog entries. He kept track of his gains and saw that his blog had enough followers to warrant adding a chat room and other day trading services. In 2014, Cameron launched Warrior Trading’s day trading Chat Room, and in 2015, he wrote and published the book How to Day Trade.
Toward the end of 2016, he was regularly trading with a large account, and novice traders would sometimes ask whether or not his strategies could be used to grow a small account. Since he’d almost always been trading with an account above $25,000, he wasn’t 100% sure. Feeling challenged, he decided to put himself and his trading strategies to the test.
In January 2017, Ross Cameron opened a new trading account with just $583.15. He wanted to show his methods could still work on a modest account. And, in fact, they did; astonishingly, in 44 days, he grew this account to over $100,000.
Not satisfied, Cameron was determined to take things to the next level — he set his sights on turning the $100,000 into $1 million. It was a ludicrous aim, and he was only 10% there. Nevertheless, he grew the account to $1,000,000 within two years, reaching this milestone in May 2019.
In 2020, the stock market underwent a series of changes. After a 30% drop due to the COVID-19 pandemic, the market recovered to all-time highs. Retail traders who were newly unemployed began entering the market.
Volume and volatility increased due to millions of these new traders. Ross Cameron profited from this volume, and in 2020, he saw his first day earning over $100,000 and his first month making more than $1,000,000 in profits. He finished the year with more than $5,000,000 in gross profit — about $4,500,000 in net profit after fees and commissions.
January 2021 was a repeat of what happened in 2020, and in two weeks, GameStop stock rose from $20 to $500 per share. As a consequence, Cameron set a new daily profit record for himself of a little under $500,000 and a weekly trading record of over $900,000.
He’s now grown his original small account to over $10 million. Along the way, he’s learned that objectives are useful — but the market determines the earnings.
Stories by Warrior Trading on Medium medium.com/@WarriorTrading?source=rss-160f2ca3f125------2
I Did NOT Expect This…
28 Oct 2024

Hey everyone, Ross Cameron here! I had one heck of a trading day, and I’ve got to share how it all unfolded. It’s Thursday morning, and I’m sitting on a beautiful $21,780.51 in profits. That’s four times my daily goal. It’s funny because I’ve been wearing this lucky shirt, and today, well, let’s just say it’s earned its keep. Not that I think a shirt controls the market — obviously — but hey, I’ll take all the good vibes I can get!

Now, something odd happened this morning. There were two stocks popping off — 138% on one and 19% on another. But here’s the kicker: no news. You’d usually expect some breaking news to explain a run like this, but today, we were dealing with technical setups. Let’s break down what went down and how I managed to stay disciplined, light up my account, and avoid the classic FOMO trap.

Big Moves, But No News?

So here’s what happened. Two stocks saw big jumps — one went up 138%, while the other was hovering around a 19% gain. But neither had any news to back up the sudden move. Normally, I focus on moves that are news-driven because a solid news catalyst pushes momentum. I even have my Five Pillars of Stock Selection framework for evaluating stocks (you can grab that here, by the way). It’s a checklist that helps spot those stocks that could pop off during the day.

But today, we were dealing with what’s called “technical setups.” No news, just price action and momentum. One of the stocks, EFSH, was bouncing off a recent low, what traders call a “dead cat bounce.” A bit grim, it gets its name from the idea that even something falling off a cliff will bounce — though it’s, you know… pretty much dead. EFSH had gone from $1.50 to nearly $10 recently. That kind of parabolic move catches traders’ attention, leading to people jumping back in, hoping for one more quick flip.

Picking My Spots

You know, the market can get wild, but I’ve learned over the years not to get sucked into every move. Today, I sat out on EFSH for a reason — I was already up $1,780 before the open. Last week, I made some mistakes by giving back profits after the opening bell, sometimes losing as much as 20%. It’s not fun seeing profits disappear, so this week, I committed to being more disciplined. It’s all about knowing when to step back.

When I finally sat at my desk, EFSH had already skyrocketed and halted. By the time I figured out what was going on, the price had jumped from $2.55 to over $4.60. Yeah, that’s a big jump, but there was no news to support this — it was purely a technical move with no real catalyst behind it. When stocks move like this, it’s tempting to get in, but I didn’t want to chase it. We’ve all been there — we buy the top, only to see the stock reverse. Not today. I held off, knowing that if I bought in, I was risking more than I wanted to.

Riding the Wave With SAG

I started the day by trading SAG, an IPO that squeezed up nicely from $6 to over $8 yesterday. I grabbed 15,000 shares pre-market and made a clean $2,500 in profit. Later on, I caught another move when it broke through VWAP. This kind of setup — an IPO without fresh news but with technical strength — is one I’ll play confidently, especially when liquidity is there. I managed to lock in $9478 on the name.

I also took trades in TVGN, where I scaled out with a $2,500 gain, and ZENA, a lower-volume stock that didn’t move as much as I hoped. My timing was a little off on ZENA, but I still managed to lock in some change. These are the kinds of small wins that help build up your confidence and your account balance.

Navigating the Frothy Day

Not every trade was a winner today, which is always the case in day trading. I placed some small bets on BOF and PEGY, but they didn’t offer the same firepower as EFSH. What really stood out, though, was how everything circled back to market conditions. The entire market felt a bit “frothy.” Stocks were moving hard without news — an environment where you’ve got to be extra careful not to hold too long.

I did manage another decent win on PEGY, which had news and made a nice bounce from $4.50 up to $6. I made $2,200 there, a solid trade for the day. However, after that, I decided to lower my size and risk. You see, when things start popping off this much without news, you’ve got to second-guess every candle. Are we getting real breakout action, or is the market about to dump on everyone chasing the highs?

Should I Push My Daily Goal?

Now, here’s something interesting. I’ve always set a daily goal of $5,000. But based on recent performance, I’ve been averaging $10,000 a day over the last 90 days. Some of you asked, “Shouldn’t you raise your daily goal?” And you know, that’s something I’m thinking about. When the market’s hot, like these fast-moving days, I could increase the daily target. But the key is, I’m not going to chase a bigger number if the market isn’t giving me the right opportunities.

I’ve also had a chance to look at how my trading has historically evolved. Over the years, I’ve learned that when the market is volatile, that’s the time to be aggressive. But that doesn’t mean throwing away discipline — it means knowing when and where to push harder. For example, today, after hitting $10,000 early, I had the cushion to take more calculated risks. It’s all about risk management.

Keep Adapting to the Market

Wrapping this up, today was a great example of staying focused on the process, not the outcome. It’s not about chasing every move or getting overwhelmed by FOMO. Sometimes, stocks with no news will make the biggest moves, but that doesn’t mean you should jump in blindly. Remember to stick to your strategy, adjust based on market conditions, and keep a close eye on your trading metrics.

As always, keep it tight, stay disciplined, and remember — trading is risky. Practice in a simulator first, and only trade with money you can afford to lose. Thanks for checking in, and I’ll catch you in the next update!

https://www.youtube.com/watch?v=nL0XYTSgZaw

Stay Connected

Warrior Trading was founded by Ross Cameron in 2012. Today Warrior Trading is a thriving community of thousands of day traders learning to trade under the curriculum designed by Ross

You can learn more about me on RossCameron.com and Tirekickers.com

Check out my articles on Business Insider and Entrepreneur

Make sure to follow my YouTube Channel

Check me out on Facebook

Watch behind the scenes on Instagram

Stay connected with me on X

Disclaimer: The results shared are based on my personal trading experiences and are not typical. Trading involves significant risk, and past performance is not indicative of future results. Always practice in a simulator before trading with real money.

My Profits SOARED After Learning This Trading Hack
16 Oct 2024

My Profits SOARED After Learning This Trading Hack

Hey everyone, Ross Cameron here! If you’re into day trading — whether you’re just starting or you’ve been doing it for a while — I have something important to share. This one change flipped the script on my trading habits and set me on a path to multiplying my profits, all while spending less time in front of the computer. Sound good? Let’s dive in.

Most beginner traders lose money. That’s no secret. I’ve seen it so many times from reviewing comments on my videos. The journey of a trader kind of goes like this: First, there’s the people who don’t have a strategy — they just trade randomly. Then, you’ve got those who know the ropes of technical analysis but still struggle because of one major issue: lack of discipline. Finally, there’s another common problem I see, especially with beginners: overtrading. But here’s the best-kept secret I want to let you in on — less is more in day trading.

Day Trades: Strategy Vs. Overtrading

One of the biggest pitfalls in day trading is overtrading. When you first start, you think the more trades you take, the faster you’ll learn. And honestly, that’s not completely wrong. Experience matters. If you’re trading just once a day, you might only get 250 trades in a whole year. Compare that to someone taking 40–50 trades daily — they’ve got far more experience under their belt. But the real challenge is balancing experience with strategy.

Pattern recognition is essential. For example, imagine seeing a stock with breaking news early in the day. The price surges, you see strong volume, then a short pullback happens. Knowing that the first pullback on strong news can lead to the stock rallying again? That’s your chance to profit. But instead of trading everything that moves, the secret is to focus on those high-probability setups.

Over my career, I’ve found laser focus on high-probability trades yields better results than hundreds of half-baked trades.

Mastering Accuracy First

Before I started making consistent profits, I had stretches where I took too many trades, thinking the quantity would bring me success. It didn’t. Instead, it led to exhaustion and inconsistency. What changed was my mindset. I realized that hitting smaller, quality trades and aiming for accuracy was way more important than chasing volume.

When I looked at my winning days versus losing days, one thing stood out: winning days had higher accuracy. I had about a 66% accuracy rate on my winning days, compared to just 46% on those awful red days. What’s the common thread on those losing days? They started with one loss… then two… three, and I just kept trying to recover, which led to digging an even deeper hole.

That’s when it clicked. If I could stay disciplined early in the day, take smaller positions, and wait to increase my size until I’d built a cushion, I could avoid a major loss spiral.

Real-Life Application: My 47-Day Trading Streak

After experiencing some frustrating losses earlier this year, I decided to do something drastic. Starting in June, I implemented what I now call the “less is more” strategy. My hot streak lasted a whopping 47 days. July and August alone saw me make more than I did in the entire previous year, banking over $400,000 in just two months. Why? Because I started each day with smaller positions and waited until I was already green on the day to start ramping up my trades.

Here’s how it works: In the first few trades, I use smaller share sizes. My goal with these trades is just to build a cushion. Once I’m up, say $1,000, only then do I unlock larger positions. This way, I keep my risk low when I don’t yet have a read on the market, but I get aggressive when I see opportunity without risking a bad day. This method effectively protected me from ending up deep in the red early, which used to mess with my head and lead to even more losses.

The Importance of Reviewing Your Metrics

I can’t stress enough how crucial it is to analyze your own trades. Systems won’t improve unless you know what’s working and what’s not. Using trading software to review your stats helps you identify winning patterns. For me? When I trade with accuracy early in the day, I win. When I overtrade or take risky setups on poor volume… losses pile up.

If you don’t know where you’re going wrong, you can’t fix it. You must look at things like win/loss ratio, accuracy, and even simple stuff like time of day when you perform best. For instance, I know that I make most of my money trading between 7:00 a.m. and 10:00 a.m., so I limit myself to that window for maximum focus.

Adjusting for Hot and Cold Markets

Every market is different, and every trader needs to adapt. Hot markets mean you can afford to trade more aggressively. In the summer months of 2024, the market was hot, and I intensified my focus on high-quality setups, which allowed me to trade larger positions. But in slower markets, trading B and C setups nets more losses. I’d rather take fewer trades and pull bigger profits from the best ones when the market is cold than trade mediocre setups all day.

This adaptability is key. By the end of September, when the market cooled off, I went back into “Trader Rehab” mode, focusing only on the highest-quality setups while cutting my trade count by 70%. The result? I still closed out the month with $31,000 profit. Not bad for trading less but smarter.

Final Thoughts

As tempting as it is to think that more trades equal more money, my experience has shown that isn’t the case. You need the right strategy, discipline, and the ability to know when to increase share size and when to hold back. I’ve seen it time and time again — those who excel at day trading aren’t making their career by taking 100 trades a day. They’re making it by identifying those key setups where they have the best chance of success and striking with precision.

So, if you’re feeling stuck, or noticing more losses than you’d like, take a step back. Look at what’s working. Analyze your data. And most importantly? Remember: trade less, but hit those high-quality setups when they come. Your profits — and your stress levels — will thank you for it.

Want to learn more? Check out the two-week trial at Warrior Trading, where you can watch me trade and get a better understanding of these strategies.

Stay Connected

Warrior Trading was founded by Ross Cameron in 2012 and is now a thriving community of thousands of traders. You can learn more about joining the Warrior Trading community here

Check out my new book How To Day Trade: The Plain Truth

You can listen to me on Apple Podcasts

Make sure to follow my YouTube Channel

Check me out on Facebook

Watch behind the scenes on Instagram

Stay connected with me on X

Disclaimer: The results shared are based on my personal trading experiences and are not typical. Trading involves significant risk, and past performance is not indicative of future results. Always practice in a simulator before trading with real money.

Big Winner on Breaking News
10 Oct 2024

Hey everyone, Ross Cameron here! Today was a great trading day, and I’m excited to break it down for you. After locking in $10,432.70 in just two hours, I managed to double my daily goal. And after yesterday’s frustrating session, today’s recovery felt especially sweet. Let’s dive into how I kept my head in the game, the trades I made, and the lessons I picked up along the way.

There’s one clear takeaway from today: discipline is everything. Trust me, after yesterday’s mess, where I pretty much let emotions take over and gave back a ton of my gains, I knew I had to get back on track quickly. So, this morning, I had a clear focus and stuck to the rules. That was key to turning it all around.

Morning Profit and Staying Disciplined

Today went pretty smoothly. I made the bulk of my profits early on, which is consistent with what I’ve been seeing in my trading data. I’ve realized I get my best results between 7:00 a.m. and 10:00 a.m. Not a huge surprise. That’s when the market’s the most active, and the opportunities are best for a day trader like me.

By sticking to my plan and not second-guessing, I managed to pull in $10,432.70 profit by 9:30. That’s twice my daily goal, and honestly, I could’ve kept pushing it. But instead, I packed up while I was ahead. Learning not to push past that point has been one of the biggest things I’ve trained myself to do. If I keep trading for the sake of it, well… let’s just say it usually doesn’t end well.

Learning from Past Mistakes

Yesterday was a tough day. I was completely unfocused and broke my own rules. That’s where things go off the rails. Even though I started on a high note yesterday morning, I ended up giving back almost half my profits by the afternoon. I got frustrated, stubborn, and made the mistake of revenge trading — a big no-no in day trading.

The problem is when you break your rules and actually get lucky; it reinforces bad habits. You think, “Well, that worked out in my favor, so maybe I can bend the rules next time, too.” But when it doesn’t work (which happens more often), you’re left frustrated, and it messes with your head. Yesterday, I let a case of FOMO (Fear of Missing Out) dictate my decisions — never a good move.

Observing Key Patterns

One of the biggest insights I’ve picked up recently is my trading window. By looking at my P&L (profit and loss) over the past 30 days, I noticed all my losses were landing after the 10 a.m. window. My successful trades, on the other hand, nearly always happened in the first few hours after the market opens. This makes sense. As the day progresses, liquidity dries up, spreads widen, and it just gets harder to find the right entries.

So, I made the decision to size down when the market opens, lock in some early wins, and stick to my plan. Doing this has already made a world of difference and reinforced the importance of knowing when it’s time to walk away — even if there’s more action in the market.

Today’s Winning Trades: LASE and BNZI

Today, I kept things consistent. My first trade was on LASE, which had already shown some strength earlier in the week. I started this one right at the open and grabbed nearly $1,000 on the initial breakout. The best part? I stuck to my plan, cut some profits early on, and didn’t get greedy. I managed to lock in +$2,295 on the stock.

Later in the day, BNZI made a surprise move, popping over 100% in a matter of minutes. I had traded BNZI before, so I quickly recognized the opportunity when it hit my scanners. I jumped in at $3.92 with a modest position, aiming for the breakout over $4. I managed to ride the wave as it surged to $5.42 and took profits along the way, securing a solid win of +$7,854.11.

Both LASE and BNZI were great trades, but the key today wasn’t just finding the right opportunities. It was trusting my instincts and recognizing when to take profits and step aside.

The Importance of Walking Away

This is a lesson I can’t stress enough — there’s always another stock to trade tomorrow. It’s tempting to keep chasing the green when you’re having a good day, but that’s how mistakes happen. Yesterday’s slip-up should have been a solid reminder. I overstayed in trades, got frustrated, and instead of cutting my losses, let them eat into my gains.

Today, I was more careful. By 10 a.m., I had doubled my daily goal and decided it wasn’t worth the risk to keep pushing. Sure, the market could’ve kept going and maybe I could’ve squeezed more profits, but the real win is consistency. Trading smart and walking away before my luck turns is the strategy that brings long-term success.

Discipline Wins the Game

Discipline is the name of the game in day trading. Especially for traders like me who focus on momentum, it’s easy to get swept up by the excitement of a stock running higher. But sticking to the plan works. Today’s $10,432.70 profit reminded me that when I follow my rules, I win more often than I lose.

Take it from me — if you struggle with discipline or find yourself breaking your own rules, focus on staying level-headed. Print out your P&L, track your trading times, and set yourself up for success by knowing what your profitable windows look like. The market is out there every day. Your job isn’t to win every trade. It’s to trade smart enough to keep winning over time. Thanks for reading, and happy trading!

Big Winner on Breaking News #daytrading

Stay Connected

Warrior Trading was founded by Ross Cameron in 2012 and is now a thriving community of thousands of traders. You can learn more about joining the Warrior Trading community here

Check out my new book How To Day Trade: The Plain Truth

You can listen to me on Apple Podcasts

Make sure to follow my YouTube Channel

Check me out on Facebook

Watch behind the scenes on Instagram

Stay connected with me on X

Disclaimer: The results shared are based on my personal trading experiences and are not typical. Trading involves significant risk, and past performance is not indicative of future results. Always practice in a simulator before trading with real money.

I Can’t Believe I Missed This…
08 Oct 2024

Hey everyone, Ross Cameron here! Today was a tough day in the day trading world. I started off with two rough trades, both losses, which put me at 0% accuracy right out the gate. A bit frustrating, but it’s part of the game. It got a bit better when I had a win on the third trade, bringing my accuracy up to 33% and giving me $200 in profit. But let’s be real⁠ — that’s not much. In fact, it felt like I was getting nowhere.

It didn’t take long for things to take a dive again. I took another trade and lost $2,000. Ouch. This wasn’t how I imagined starting my day. After that, I took a trade that won back $2,200, pulling me out of the hole with a small $400 gain. From there, I methodically clawed my way to an $1,100 profit. It sounds good now, but believe me, getting there was like walking on a tightrope.

Struggling Through FOMO

While I’m sitting here with $1,100 in profit, there is still a huge part of me feeling the fear of missing out (FOMO). There’s a stock, WHLR, that’s been on my watchlist for about a week and a half, and it finally squeezed today. The real kicker? It hit that movement at 10:30 a.m., a little too late for me to feel comfortable jumping in with meaningful risk.

I ended up taking some small trades on WHLR, but I didn’t use my usual share size. That decision kept me from making more money, but also kept me from taking on unnecessary risk. But the FOMO is real⁠ — seeing that stock move, knowing I’m not fully in it, makes you wonder what could have been.

Anytime that feeling creeps in, I remind myself to be grateful for what I do have. Right now, I’m up over $1100 on the day. When I start wishing I had more, I’m overlooking the fact that I’m walking away with real money in my account that wasn’t there a few hours ago. FOMO is dangerous like that⁠ — it makes you lose sight of what’s important.

Temptation to Overtrade

Day trading is a mental game more than anything else, and the biggest danger is falling into overtrading when you don’t have a good cushion. Today is only the second day of October, and I aim to build slow, steady gains. I want to bank some profits before throwing too much risk into the market. The only way to do that is by staying calm, cool, and collected⁠ — something that feels pretty hard when you’re staring at a stock like WHLR, halted up and showing all the signs of a potential move.

WHLR today showed a resumption price around $14.62 after it got halted. I was watching it closely. Earlier this morning, it popped from $8 to $8.34. It had spread of 30-plus cents, which told me to take a step back and breathe. When you’ve already gone red on the day, diving headfirst into a risky stock can get ugly, fast.

Risk vs. Reward: What’s the Price?

One big lesson from today: when you’re in recovery mode after a loss, you have to be careful about piling back in with too much size. What if I had jumped into WHLR right at the top, grabbing 4,500 shares at $9? The moment it dropped, I’d be down a couple of thousand dollars, right back in the red. And sure, maybe after that dip, it would have come back up, but that’s a dangerous game. You take too big a hit, too fast, and it’s game over.

Today WHLR ended up being a choppy ride. There were moments it spiked, but there were tricky moments where big sellers started bailing and dropping the stock in a second. The biggest takeaway for me here is that when the risk outweighs the reward, you’ve got to know when to stay out. I took four small trades on WHLR, made about $650, and called it a day on that stock. Could I have made more? Sure. But I also could’ve lost big. And that’s what gets me through those FOMO moments⁠ — realizing that managing risk is what keeps me in the game day after day.

First Half of the Day: Managing Losses

Now, let me take you through the earlier part of my trading day. Honestly, it wasn’t pretty. My first two trades on DUO were total duds. They cost me about $500, not crazy but not the ideal way to start the morning. Trading with red numbers on your screen right out of the gate can knock your confidence. DUO showed signs of strength, and I tried to dip-buy off ascending support, but it didn’t play out, and I got stopped out twice in a row.

After DUO, I moved on to NCI. This stock had shown some after-hours strength, so when it spiked in the morning, I went in and grabbed $700 in gains. That pulled me from $500 red to just $250 green on the day. Little by little, I started recovering.

The API Losses That Stung

Then came API, and let me tell you, this stock messed me up. Initially, I wasn’t even going to trade it. It had too high of a float for my taste⁠ — I usually avoid those. But the thing was moving so clean, I couldn’t help myself. I hopped in at $7, dip-bought, and then watched it flush straight down to $6.80, taking a $2,700 loss.

Looking back, I broke my own rule by getting involved in a lower-quality setup and paid the price. After those losses, I emotionally stepped back and realized I needed to wait for something better before I dug myself into a hole out of desperation.

Bouncing Back with XIN

Finally, things started to look up when I traded XIN. I bought into a breakout off a mini pullback, and the stock surged, netting me $3,000. That was enough to make me feel whole again, more or less. By that point, I stood about $500 green on the day, and suddenly things didn’t look so bad anymore. I followed that with a tiny $31 gain on ADTX and knew it was time to cool off.

The WHLR Stock Squeeze and Why I Didn’t Go Big

Then, around 10:30 a.m., WHLR started going crazy. This stock was halted, and I had been eyeing it all week, so the temptation was huge. But I only took small-size trades on it, walked away with a modest profit, and sat on my hands. In these moments, it’s easy to think, “I could have made $20,000 if I just bought 10,000 shares!” But that’s a dangerous mindset. If WHLR had suddenly dropped a dollar or two, I didn’t have enough of a cushion to take that hit.

I saw some big orders come through on WHLR, but for a stock with low float and a big spread, the risk was just too high. It’s tempting when you see a stock explode upward, but you have to be wary of sudden dumps. In this type of setup, I was more focused on protecting my gains rather than chasing more profits at the cost of massive risk.

Conclusion: Grateful but Cautious

At the end of the day, I’m walking away with $1100 in profit. It’s easy to look back and think “what if” I had taken those bigger trades, but in reality, I don’t regret playing it safe. I have more in my account now than I did a few hours ago, and that’s not something to take for granted.

For those of you stepping into the day trading world, take it slow. It’s tempting to try and knock it out of the park every day, but those home-run swings can backfire. Focus on high-quality setups, stay disciplined, and above all, learn to be grateful for the small wins.

Thanks for reading, and catch you next time!

I can’t believe I missed this…

Stay Connected

Warrior Trading was founded by Ross Cameron in 2012 and is now a thriving community of thousands of traders. You can learn more about joining the Warrior Trading community here

Check out my new book How To Day Trade: The Plain Truth

You can listen to me on Apple Podcasts

Make sure to follow my YouTube Channel

Check me out on Facebook

Watch behind the scenes on Instagram

Stay connected with me on X

Disclaimer: The results shared are based on my personal trading experiences and are not typical. Trading involves significant risk, and past performance is not indicative of future results. Always practice in a simulator before trading with real money.

Wrapping Up September and Looking Ahead to October
03 Oct 2024

Hey everyone, Ross Cameron here! It’s Monday morning, and today marks the last trading day of September. I’ve officially wrapped up my trades for the month, locking in another green day. The great thing about this is it means a clean slate heading into October. September was decent, but I always like to think of October through December as the exciting part of the year. Historically, this is when I tend to see more action and better momentum in the markets.

The summer wasn’t bad, surprisingly, but now that we’re entering the fall season, it’s time to buckle up. Historically speaking, October always brings a pick-up in market activity. More news, more headlines, and more chances to trade. If the summer went better than expected, I’ve got some good feelings about what’s in store for the fall.

Trading Highlights from the Morning

Today was another successful day for me with four trades on four stocks, all green. I didn’t go for anything crazy today — it was definitely more of a “base-hit” kind of day. That’s a win in itself. Not every day will bring massive gains, but locking in consistent profits adds up over time.

I also traded a little more frequently today than I have been in the past week or so. When I saw opportunities, I jumped on them quickly. Let’s dive into the trades and break down the key moments of the day, starting with the first stock I tackled this morning: ZCMD.

Watching ZCMD After the Weekend

ZCMD was on my radar because it was one of the top after-hours gainers on Friday. I’d also mentioned it in my game plan for the week, which I shared over on YouTube. The stock didn’t have a clear news catalyst, but with Chinese economic stimulus in play, it seemed like many Chinese stocks were getting sympathy moves higher. I wasn’t too concerned about holding it over the weekend (unnecessary risk in my opinion), but Monday morning was a different story.

I saw ZCMD leading the gap scanner first thing this morning, around 6:30 AM. While nothing looked spectacular overall, I decided to keep watching ZCMD. The lack of a solid news event made me cautious, but with China’s economic stimulus possibly driving the move, I figured it was worth tracking.

First Trade of the Day

By 7:00 AM, I saw enough movement in ZCMD to consider making a trade. The volume spiked precisely at the 7:00 mark, which I knew was because retail brokerages like E-Trade and ThinkorSwim opened trading. At that moment, I saw the stock start to pull back, forming a micro pullback setup — a trade I’m comfortable with.

I took a position at $2.48, buying 7,500 shares. The stock fought through 250, popped up to $2.66, and hit a high of $2.69. I cashed out with a $1,600 profit. It was a decent trade, but much of the movement wasn’t extreme. I didn’t expect it to run too much, and in those situations, the goal is just to lock in smaller gains. I’m happy with how I handled it.

After the first trade, ZCMD started showing signs of a head and shoulders pattern — a bearish indication — so I didn’t jump back in after that. One trade was enough to secure a solid win on this ticker.

What Happened with EMKR

By 8:00 AM, my scanner picked up some action on EMKR. The stock spiked from $1.20 all the way to $3.50 in a matter of minutes. I jumped in on a pullback, buying 5,000 shares around the $3 mark. It quickly popped back up to $3.50, and I was thinking this could be another solid winner until I saw the news: a buyout offer.

Now, when buyout news drops, it’s a different type of play. The stock typically runs right up to the buyout price and then hovers there, leaving little room for upside. I didn’t want to get caught holding a stock that’s essentially capped in range, so I decided to exit for a profit of around $1,000. It’s always better to take the win than to wait around and risk losing it all.

Riding the Rollercoaster with XHG

XHG was another crazy stock today, and it ended up being my biggest gainer. It started off with no news, but similar to ZCMD, it’s a Chinese stock, and those were getting sympathy momentum from news about economic stimulus. The stock spiked from around $1 to $2 and back again, with some wild swings along the way.

I made multiple trades on XHG, buying the pullbacks and capturing quick profits. I first got in at $1.65 and sold when it went up to $1.80. Later, I entered again on another pullback around $1.66, took a small profit, and then tried again as it kept bouncing back. One of the more stressful trades came when the stock suddenly whipped 40 cents against me — these volatile moves are part of the game. Nevertheless, I managed to lock in a solid profit on XHG.

Reflections and Looking Ahead

Today was all about steady gains and locking in profits where I could. Even though I took more trades than usual, I didn’t push my luck — especially in a market with choppy movement. Cashing out while I’m in the green feels good, especially now that we’re about to kick off a new month.

Overall, September was a strong month for me. I took fewer trades compared to some previous months, but I’ve noticed that I’m getting more out of each trade with better accuracy. Higher accuracy and a better profit-loss ratio led to a stronger overall month, even as I dialed back the number of trades I took. It’s a reminder that quality often beats quantity in day trading, and I plan to carry this momentum into October.

With October right around the corner, I’m excited to see what the market brings. My plan is to continue being aggressive but pick my spots carefully, focusing on momentum pre-market and reacting to breaking news when it happens. If the market heats up like it typically does toward the end of the year, there could be some great opportunities coming our way.

That’s it for today! Thanks for tuning in. I’ll be back at it tomorrow morning around 6:45 AM. As always, remember that day trading is risky. Manage your risk, take it slow, and I’ll see you in the markets tomorrow!

Chinese Stocks Are Today’s BIGGEST Gainers

Stay Connected

Warrior Trading was founded by Ross Cameron in 2012 and is now a thriving community of thousands of traders. You can learn more about joining the Warrior Trading community here

Check out my new book How To Day Trade: The Plain Truth

You can listen to me on Apple Podcasts

Make sure to follow my YouTube Channel

Check me out on Facebook

Watch behind the scenes on Instagram

Stay connected with me on X

Disclaimer: The results shared are based on my personal trading experiences and are not typical. Trading involves significant risk, and past performance is not indicative of future results. Always practice in a simulator before trading with real money.

I Can’t Believe I Missed This…
03 Oct 2024

Hey everyone, Ross Cameron here! Today was a tough day in the day trading world. I started off with two rough trades, both losses, which put me at 0% accuracy right out the gate. A bit frustrating, but it’s part of the game. It got a bit better when I had a win on the third trade, bringing my accuracy up to 33% and giving me $200 in profit. But let’s be real⁠ — that’s not much. In fact, it felt like I was getting nowhere.

It didn’t take long for things to take a dive again. I took another trade and lost $2,000. Ouch. This wasn’t how I imagined starting my day. After that, I took a trade that won back $2,200, pulling me out of the hole with a small $400 gain. From there, I methodically clawed my way to an $1,100 profit. It sounds good now, but believe me, getting there was like walking on a tightrope.

Struggling Through FOMO

While I’m sitting here with $1,100 in profit, there is still a huge part of me feeling the fear of missing out (FOMO). There’s a stock, WHLR, that’s been on my watchlist for about a week and a half, and it finally squeezed today. The real kicker? It hit that movement at 10:30 a.m., a little too late for me to feel comfortable jumping in with meaningful risk.

I ended up taking some small trades on WHLR, but I didn’t use my usual share size. That decision kept me from making more money, but also kept me from taking on unnecessary risk. But the FOMO is real⁠ — seeing that stock move, knowing I’m not fully in it, makes you wonder what could have been.

Anytime that feeling creeps in, I remind myself to be grateful for what I do have. Right now, I’m up over $1100 on the day. When I start wishing I had more, I’m overlooking the fact that I’m walking away with real money in my account that wasn’t there a few hours ago. FOMO is dangerous like that⁠ — it makes you lose sight of what’s important.

Temptation to Overtrade

Day trading is a mental game more than anything else, and the biggest danger is falling into overtrading when you don’t have a good cushion. Today is only the second day of October, and I aim to build slow, steady gains. I want to bank some profits before throwing too much risk into the market. The only way to do that is by staying calm, cool, and collected⁠ — something that feels pretty hard when you’re staring at a stock like WHLR, halted up and showing all the signs of a potential move.

WHLR today showed a resumption price around $14.62 after it got halted. I was watching it closely. Earlier this morning, it popped from $8 to $8.34. It had spread of 30-plus cents, which told me to take a step back and breathe. When you’ve already gone red on the day, diving headfirst into a risky stock can get ugly, fast.

Risk vs. Reward: What’s the Price?

One big lesson from today: when you’re in recovery mode after a loss, you have to be careful about piling back in with too much size. What if I had jumped into WHLR right at the top, grabbing 4,500 shares at $9? The moment it dropped, I’d be down a couple of thousand dollars, right back in the red. And sure, maybe after that dip, it would have come back up, but that’s a dangerous game. You take too big a hit, too fast, and it’s game over.

Today WHLR ended up being a choppy ride. There were moments it spiked, but there were tricky moments where big sellers started bailing and dropping the stock in a second. The biggest takeaway for me here is that when the risk outweighs the reward, you’ve got to know when to stay out. I took four small trades on WHLR, made about $650, and called it a day on that stock. Could I have made more? Sure. But I also could’ve lost big. And that’s what gets me through those FOMO moments⁠ — realizing that managing risk is what keeps me in the game day after day.

First Half of the Day: Managing Losses

Now, let me take you through the earlier part of my trading day. Honestly, it wasn’t pretty. My first two trades on DUO were total duds. They cost me about $500, not crazy but not the ideal way to start the morning. Trading with red numbers on your screen right out of the gate can knock your confidence. DUO showed signs of strength, and I tried to dip-buy off ascending support, but it didn’t play out, and I got stopped out twice in a row.

After DUO, I moved on to NCI. This stock had shown some after-hours strength, so when it spiked in the morning, I went in and grabbed $700 in gains. That pulled me from $500 red to just $250 green on the day. Little by little, I started recovering.

The API Losses That Stung

Then came API, and let me tell you, this stock messed me up. Initially, I wasn’t even going to trade it. It had too high of a float for my taste⁠ — I usually avoid those. But the thing was moving so clean, I couldn’t help myself. I hopped in at $7, dip-bought, and then watched it flush straight down to $6.80, taking a $2,700 loss.

Looking back, I broke my own rule by getting involved in a lower-quality setup and paid the price. After those losses, I emotionally stepped back and realized I needed to wait for something better before I dug myself into a hole out of desperation.

Bouncing Back with XIN

Finally, things started to look up when I traded XIN. I bought into a breakout off a mini pullback, and the stock surged, netting me $3,000. That was enough to make me feel whole again, more or less. By that point, I stood about $500 green on the day, and suddenly things didn’t look so bad anymore. I followed that with a tiny $31 gain on ADTX and knew it was time to cool off.

The WHLR Stock Squeeze and Why I Didn’t Go Big

Then, around 10:30 a.m., WHLR started going crazy. This stock was halted, and I had been eyeing it all week, so the temptation was huge. But I only took small-size trades on it, walked away with a modest profit, and sat on my hands. In these moments, it’s easy to think, “I could have made $20,000 if I just bought 10,000 shares!” But that’s a dangerous mindset. If WHLR had suddenly dropped a dollar or two, I didn’t have enough of a cushion to take that hit.

I saw some big orders come through on WHLR, but for a stock with low float and a big spread, the risk was just too high. It’s tempting when you see a stock explode upward, but you have to be wary of sudden dumps. In this type of setup, I was more focused on protecting my gains rather than chasing more profits at the cost of massive risk.

Conclusion: Grateful but Cautious

At the end of the day, I’m walking away with $1100 in profit. It’s easy to look back and think “what if” I had taken those bigger trades, but in reality, I don’t regret playing it safe. I have more in my account now than I did a few hours ago, and that’s not something to take for granted.

For those of you stepping into the day trading world, take it slow. It’s tempting to try and knock it out of the park every day, but those home-run swings can backfire. Focus on high-quality setups, stay disciplined, and above all, learn to be grateful for the small wins.

Thanks for reading, and catch you next time!

I can’t believe I missed this…

Stay Connected

Warrior Trading was founded by Ross Cameron in 2012 and is now a thriving community of thousands of traders. You can learn more about joining the Warrior Trading community here

Check out my new book How To Day Trade: The Plain Truth

You can listen to me on Apple Podcasts

Make sure to follow my YouTube Channel

Check me out on Facebook

Watch behind the scenes on Instagram

Stay connected with me on X

Disclaimer: The results shared are based on my personal trading experiences and are not typical. Trading involves significant risk, and past performance is not indicative of future results. Always practice in a simulator before trading with real money.

How to Find Your Edge in Day Trading
24 Sep 2024

Hey everyone, Ross Cameron here! Today, I’m going to talk about something every trader needs to know: finding your edge in day trading. Having an edge is what sets you apart from the 90% of traders who lose money. Without it, you’re just betting, and we don’t want that. You’ll need a clear strategy, a solid system, and an understanding of how to manage risk to become a successful day trader.

I’ll also share a case study from Reddit where a college student bet $700,000 on Intel stock. There’s a lot to learn from what happened. Plus, I’ll dive into steps to help you find your edge, manage your risk, and track your trades for improvement. Let’s get to it!

The Intel Gamble

A while back, a Reddit post blew up about a college student who inherited $800,000. He felt smart and responsible for investing $700,000 of that into Intel stock. With no debt and a major in math, he figured holding Intel for a decade was a safe move. He had no real plan beyond, “I like Intel, it’s cheap.” He believed he’d stumble into wealth by betting big on a single stock.

Here’s when things went south. Intel announced it was suspending its dividend and laying off nearly 20,000 employees. The stock plummeted by more than 10% in a day, and in the following days, it kept dropping. He managed to lose $100,000 in a flash. Going all-in on one stock without any risk management or edge is gambling, plain and simple.

Lessons from the Intel Case Study

Stock picking without an edge is a disaster waiting to happen. Even if you’re lucky, luck runs out eventually. It’s reckless to put 90% of your funds into a single stock, especially if you don’t have a proven track record. Diversification exists for a reason — it smooths out the bumps and reduces risk.

With investing, the market knows way more than you do, especially if you’re retail. Trying to outsmart it with a contrarian bet like this is risky. If the trend is down, betting that it will magically reverse is playing against the market. You’ll lose more often than not. Instead, it’s smarter to go with the trend, as I do with momentum trading.

Why Retail Traders Need an Edge

Let’s be real, retail traders don’t have the same resources as Wall Street pros. They’ve got insider connections, algorithms, and teams of experts. We don’t. That means we have to be clever with what we do have. You need to create a plan that fits your account size, risk tolerance, and the time you can dedicate to this job.

I say job because day trading is hard work. If you think this is about clicking buttons for 10 minutes and making stacks of cash, you’re wrong. You’ve got to learn how to manage risk, track your trades, and stay informed on market trends. Especially when you’re starting out, you’ve got to be prepared to lose and learn from those losses.

The key to survival is knowing when and where you can win. For me, I win by trading momentum stocks in the first couple of hours of the day. I used to trade everything — options, mid caps, even penny stocks, but nothing was consistent. Over time, I realized I’m best at trading stocks between $2 and $10 that have news catalysts and high volume.

Three Steps to Developing an Edge

Step one: Know what stocks to trade. You need to target stocks that fit within a proven system. I’ve spent years refining my strategy to focus on stocks with big news, high volume, and momentum. Stocks that check these boxes are much more likely to give you a 10% return in the next hour than stocks with no movement at all. I find these stocks using a scanner every morning.

Step two: Use both fundamental and technical analysis. Just because a stock is moving doesn’t mean you should jump in blindly. You’ve got to check the news, assess why it’s moving, and read the charts. Stocks can have strong fundamentals, but if they’re trending down, the market might be betting that they’re in trouble. Look at the candlestick charts and understand when to enter and when to get out.

Step three: Execute the trades with strict discipline. This is where most beginners fall apart. You have a plan, but if you don’t follow it, you’re still gambling. Develop tight stop-loss rules to limit downside risk. Set clear price targets, and don’t hold on hoping for a miracle. It’s easier to predict what a stock will do over the next few minutes than in the next few months. Always play with the trend and keep your losses small.

The Importance of Risk Management

If I had to boil this down to one rule, it’s this: Always manage your risk. I’ve seen too many newbie traders blow up their accounts by betting big without any stop-loss plan. Trading is risky. No strategy will save you from the occasional bad day or bad trade. But, what will save you from wiping out is solid risk management.

When I trade, I limit my risk on each trade. I don’t take positions that will cripple me if they go wrong. I never let one loss define my day, and I don’t let one day define my year. The goal over time is consistent small wins that compound. On bad trades, I cut my losses quick. This method keeps me in the game for the long term.

Build a Strategy That Works for You

It’s easy to read about strategies and get overwhelmed. But, the best way to learn is by doing. Start by trading small with an amount you’re okay losing. Track your trades, figure out what works and what doesn’t, and build your edge from your own data. It’s not about picking the best stock — a lot of the time, it’s about avoiding the worst ones.

You’ve got to stay humble and never get overconfident in yourself or the market. If your strategy is working, great! Stick with it. If it’s not, adjust, but don’t jump from one thing to another without properly testing it.

Conclusion

Finding your edge in day trading takes time, discipline, and a lot of trial and error. Don’t be the guy who YOLOs his inheritance on a single stock without any clue what risk management is. Develop a strategy, refine it, and stick to it. Be aware of your limitations compared to Wall Street, and focus on what you can control: your trades and your risk.

The road to becoming a successful trader isn’t easy. It requires developing the right mindset and tools. Use stock scanners, keep track of every trade, and manage risk like your trading career depends on it — because it does.

Thanks for reading, and I’ll see you in the next post! Don’t forget to subscribe to my YouTube channel if you haven’t yet!

A HUGE Mistake Becomes a Turning Point (Finding Your EDGE in the Market)

Stay Connected

Warrior Trading was founded by Ross Cameron in 2012 and is now a thriving community of thousands of traders. You can learn more about joining the Warrior Trading community here

5 Things You Need In Order To Be A Successful Day Trader

Check out my new book How To Day Trade: The Plain Truth

You can listen to me on Apple Podcasts

Make sure to follow my YouTube Channel

Check me out on Facebook

Watch behind the scenes on Instagram

Stay connected with me on X

Disclaimer: The results shared are based on my personal trading experiences and are not typical. Trading involves significant risk, and past performance is not indicative of future results. Always practice in a simulator before trading with real money.

The Real Reason Why I Make YouTube Videos
12 Sep 2024

Hey everyone, Ross Cameron here! Today, I want to tackle a question that comes up in my YouTube comments all the time: “Ross, if you’re a successful day trader, why do you even bother creating videos?” It’s a fair question, and to give you a clear answer, I have to take you all the way back to when I uploaded my very first video in 2013.

Back then, my goal wasn’t to build a YouTube channel like you see today. Instead, I was simply looking for a place to host videos so I could embed them on my blog. YouTube was free, simple, and did the job. Funny thing is, I never expected YouTube would surpass my blog in terms of reach, but it took off. People love video content — especially when it comes to learning how to day trade. Over the years, both my YouTube channel and my day trading blog grew side by side. Let me walk you through how that happened!

Starting the Journey

When I first got into day trading, I was all over the place. I was trading penny stocks, large caps, options — you name it. My first year had some success, but honestly, it was dumb luck. My strategy was inconsistent, and in my second year, the beginners’ luck faded. That’s when it all got real. I knew I needed to figure things out or risk losing everything I had. To get my head straight, I started writing down what was working and what wasn’t. I used journaling as a way to track setups, trades, and results.

That eventually led me to create a blog called “Day Trade Warrior,” where I chronicled my trades. It was raw, real, and sometimes a bit ugly, but it became my online diary. The cool part? Other traders, just like me, found it helpful. They’d comment, ask questions, and I’d respond. At some point, I realized it was much easier to explain things in a video, so I began recording myself discussing trading setups, strategies, and the tools I was using, and embedding those videos in my blog posts.

Building a Community

A lot of this stems back to my time as a student. I had an amazing teacher, Kevin, who left a lasting impact on me. He made learning fun, relatable, and connected with me in a way no other teacher did. One of the most memorable experiences was a semester-long project on the stock market. Believe it or not, Kevin turned math class into a stock market simulation, and it blew my mind. It was during the late 90s dot-com bubble, and I got super excited about the market.

I tried to invest with $100 at the time but quickly learned that broker commissions would eat up all my money. So, it wasn’t until a few years later, when I opened my first account with Ameritrade (before it became TD Ameritrade), that I started trading for real. Over the years, my passion for trading evolved into a passion for creating something that would teach others to trade too. That’s why a few years after starting my blog, I opened a free chat room for traders. This little community of 12 to 20 traders grew fast, but in 2014, I had to make the tough decision to put it behind a paywall to upgrade the chatroom software and manage the growing user base.

Turning a Struggle Into a Business

My struggle to become a profitable trader inspired me to create content that could help others. In 2014, I taught my first day trading course. I had no idea how much content it would eventually turn into. At the time, my slides were very basic — just a few notes here and there. But thanks to my wife’s suggestion to use a more structured format, I expanded on the lessons until I had over 2,500 slides! That first course became the foundation of Warrior Trading as you know it today.

Around the same time, I had another idea. Traders love dashboards with all the tools in one place — scanners, charts, news feeds, the works. Since I had already gained traction with Warrior Trading, I decided to reinvest the membership fees into building out a platform we’d eventually call “Day Trade Dash.” I wasn’t just making money and sitting back. No, I was constantly reinvesting to make the service better and provide real value to my community.

The Small Account Challenge

In 2017, I decided to undertake a personal challenge and silence some of the doubters. People were commenting that my strategies wouldn’t work with a small account, so I said, “Alright, let’s do this!” I started with just $583 and traded using the same strategy I teach. After my first day, I made $125, which grew my account to over $700 (Results not typical).

By the end of the first week, my account had doubled. By the end of January, I had made over $16,000, and by mid-March, I had turned $583 into $100k (Results not typical). This was the proof I wanted to show: if you follow a process, profits will come as a byproduct. Of course, I always emphasize that results like mine are not typical, and trading comes with significant risks. But I also wanted to show what’s possible with discipline and consistency.

The Role of YouTube in Accountability

Uploading my trade recaps every day on YouTube hasn’t just been helpful to the community — it’s also an incredible tool for keeping myself accountable. Knowing that I may need to explain my bad trades publicly pushes me to stay disciplined. On the flip side, when I win, it feels incredible to share those moments with the community.

That’s why I continue to make YouTube videos, even though I’m successful in my trades. The channel has grown alongside me, and it plays a major role in my day-to-day rhythm. And let’s be honest: I enjoy teaching. I like breaking down my strategies and making complex things simple for others to understand. Every interaction I have with people who say, “Hey, Ross, thanks for that video!” reminds me that I’m doing something that matters.

Conclusion

So the short answer is this: I make YouTube videos because I love it, and they help me just as much as they help you. I started my trading career by struggling my way through trial and error, and that journey turned into a passion project to help others avoid the same pitfalls I fell into. From trading journal entries to building an entire educational platform, I’ve been able to create a community that learns, grows, and trades together.

But remember this: my results are not typical. Trading is risky, and most traders lose money. That’s why I’m so committed to teaching the right strategies and emphasizing the importance of discipline. If you’re serious about honing your day trading skills, make sure to focus on learning first, practicing in a simulator, and staying disciplined once you go live. Happy trading, and I’ll see you in the next blog!

The REAL Reason Why I Make YouTube Videos…

Stay Connected

Warrior Trading was founded by Ross Cameron in 2012. Today Warrior Trading is a thriving community of thousands of day traders learning to trade under the curriculum designed by Ross

You can learn more about me on RossCameron.com and Tirekickers.com

Check out my articles on Business Insider and Entrepreneur

Make sure to follow my YouTube Channel

Check me out on Facebook

Watch behind the scenes on Instagram

Stay connected with me on X

Disclaimer: The results shared are based on my personal trading experiences and are not typical. Trading involves significant risk, and past performance is not indicative of future results. Always practice in a simulator before trading with real money.

How to Trade the Continuation Setup in Day Trading
31 Aug 2024

Hey everyone, Ross Cameron here! Today, I’m diving into the details of my continuation setup. This strategy aims to capitalize on stocks that begin with a significant bump — often due to breaking news — and continue their upward move over the next few days. I’ll break down the process, risks, and strategies associated with this setup to help you better navigate the stock market.

Understanding the Continuation Setup

The continuation setup in day trading is all about riding the momentum wave. We look for stocks that have surged due to breaking news, typically rising by 30% to even 100%. After this initial jump, the stock can continue to climb over the following days. This prolonged momentum often results in a final short squeeze, where short sellers — those betting against the stock — are forced to buy back shares, pushing the price higher. These setups occur when a stock demonstrates strong — sometimes irrational — upward movement.

Risks of Trading Continuation Setups

Trading continuation setups isn’t without its pitfalls. One major risk is the lack of fresh catalysts. The news that initially spurred the price increase has already played out, leaving the stock vulnerable to a decline. Volume tends to decrease as the trading days go by, which can make these stocks choppy and unpredictable. Without new buyers, the price can quickly decline, so it’s vital to watch for signs of reversal, like volume and price divergences. Stocks can also face ascending resistance, where they fail to break past previous high levels, making it challenging to sustain gains.

Rewards of Trading Continuation Setups

Despite the risks, trading continuation setups can be profitable. The key reward is the potential profit from short covering. As the stock moves higher, traders who initially bet against it are forced to buy back shares to cover their short positions, leading to a quick price increase. This can result in heightened volatility — something day traders thrive on. It’s all about timing and capturing the emotional swings in the market. For traders like me, the thrills of riding these waves — while managing risks — are what make day trading exciting.

Day Trading Strategy for Continuation Setups

Let’s talk strategy! When trading continuation setups, I’ve found a simple three-step approach useful. First, find your stock; I use trading scanners to identify those on the move. Analyze both the technical and fundamental aspects of the stock — look for current news, study chart patterns, and check financials to assess potential risks like secondary offerings. Finally, execute trades with precision. I rely on a strong mix of technical analysis and gut feeling honed through experience.

Final Thoughts

Continuing setups in day trading are not without their complexities. But with the right strategies and cautious risk management, they can be quite rewarding. It’s crucial to approach each trade with a solid plan and to remain adaptable in the face of market changes. Remember, while I’ve seen great success in my trading career, it’s essential to note that my results are not typical. Day trading involves risks, and it’s important to approach it with both excitement and caution. Keep learning, stay flexible, and enjoy the journey!

How to Trade Multi-Day Continuation as a Day Trading Strategy

Stay Connected

Warrior Trading was founded by Ross Cameron in 2012 and is now a thriving community of thousands of traders. You can learn more about joining the Warrior Trading community here

Check out my new book How To Day Trade: The Plain Truth

You can listen to me on Apple Podcasts

Make sure to follow my YouTube Channel

Check me out on Facebook

Watch behind the scenes on Instagram

Stay connected with me on X

Disclaimer: The results shared are based on my personal trading experiences and are not typical. Trading involves significant risk, and past performance is not indicative of future results. Always practice in a simulator before trading with real money.

Navigating a Rocky Day of Trading
31 Aug 2024

Hey everyone, Ross Cameron here! Today, I want to share my experiences from a day that turned out to be quite a roller coaster in the world of day trading. Imagine looking forward to a straight path but finding yourself stuck on a bumpy road instead. That’s exactly how my day went. It started with a rough morning, a challenging middle, but thankfully didn’t end in disaster. Let’s unpack what happened, explore the trades I made, and the lessons I learned.

Facing Early Challenges

I kicked off my day earlier than usual, around 6:30 a.m., with a hopeful outlook. My scans pointed to BNRG as the leading gainer. However, the stock was cheaper than I preferred, and I didn’t feel confident about the early jump in its price. Trading lower-priced stocks comes with challenges, especially with the commission structure of my broker, LightSpeed. For this reason, I decided not to trade BNRG, staying cautious as the day began.

Shifts and New Opportunities

By 8 a.m., another stock, BCDA, caught my attention. Despite an unusual rise following a stock offering announcement, I decided to take a trade. I took advantage of this unexpected opportunity and managed a profit of $1,127. This trade was crucial because it helped break the ice on what seemed to be an uncertain day. Even though I felt cautious, this move kept me in the game by giving me a positive start.

Navigating Ups and Downs

After the initial trades, the market seemed quiet again, until QNTM showed signs of movement. I made a quick decision to dive in, making a moderate profit of $576. As the day moved on, another challenge arose with ATPC. The stock showed significant volatility, and I faced the risk of substantial losses. A few corrective trades later, I managed to come back up, ending with a small overall profit on the stock of $47. It was a reminder to stay alert and adaptable in fluctuating conditions.

Reflecting on Strategy and Discipline

Days like this reiterate the importance of strategic decision-making and keeping emotions in check. There’s always a temptation to go big, especially after a major win the previous day. However, this market wasn’t favorable for aggressive trading. I stayed cautious, remembering the lessons from past experiences, and focused on maintaining a solid strategy without overstepping my limits.

Wrapping Up August

I’m closing out August on a positive note, and I’m reminded of the importance of consistency over chasing big wins. I look forward to September with a strategy rooted in patience and prudence. It’s worth noting that my results are not typical. Day trading involves significant risks, and the potential for losses is real.

As I sign off, remember always to approach each trade with the right mindset. Whether you’re new to day trading or have years of experience, staying grounded and informed remains key to navigating the unpredictable twists and turns of the market. Let’s see what September brings!

Stay Connected

Warrior Trading was founded by Ross Cameron in 2012 and is now a thriving community of thousands of traders. You can learn more about joining the Warrior Trading community here

Check out my new book How To Day Trade: The Plain Truth

You can listen to me on Apple Podcasts

Make sure to follow my YouTube Channel

Check me out on Facebook

Watch behind the scenes on Instagram

Stay connected with me on X

Disclaimer: The results shared are based on my personal trading experiences and are not typical. Trading involves significant risk, and past performance is not indicative of future results. Always practice in a simulator before trading with real money.