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💰Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money.
❗❗My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
❌Do not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/.
🍏 All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.
✔️If you don’t agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos.
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Our website is filled with free info 🔎 Start with this guide, no opt-in required: https://www.warriortrading.com/day-trading/
Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class 💻 Register here: https://www.warriortrading.com/free-day-trading-class/
Wondering what I think the All Star Day Traders out there have in common? 🏆 Read this blog I wrote https://www.warriortrading.com/all-star-traders/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
Before we continue...👀
💰Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money.
❗❗My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
❌Do not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/.
🍏 All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.
✔️If you don’t agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos.
Still with me?
Now let’s dig into some helpful information …
What’s my story? ✏️ You can read it here: https://www.warriortrading.com/ross-cameron/
And check out my broker statements here 📝 https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/
Our website is filled with free info 🔎 Start with this guide, no opt-in required: https://www.warriortrading.com/day-trading/
Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class 💻 Register here: https://www.warriortrading.com/free-day-trading-class/
Wondering what I think the All Star Day Traders out there have in common? 🏆 Read this blog I wrote https://www.warriortrading.com/all-star-traders/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
What's up, Everyone All right? Well, um, today is a red day recap. Second in a row. Typical traditional. That's how it always goes with me.
Green days are stacked together, and red days are stacked together. And I have been off my game since Wednesday. I've just been too emotional, fired up, frustrated, easily triggered, and I've been trading not as well as I as I'd like. And on each of these three days, Wednesday, Thursday, Friday, I've gotten green and then given back profit over trading.
and I managed to finish green on Wednesday. But I was down 10 yesterday and I'm down almost 6 000 today. And yesterday I was up two thousand before I went red. Uh, or eight hundred.
whatever. Today I was up three thousand before I went red. So trading like a, uh, genuine idiot? Uh, and we'll recap it today and you can see where I went wrong. But as always, trading is risky and the biggest.
The biggest challenge with trading, it's it's risky. Yes, because you can lose money, but really, it's risky because you can so easily make really stupid decisions. And I show you guys that all the time, even after years of trading, you're not immune to it. I haven't met anyone that really is.
To be honest, even traders have been doing this for longer than me. They still get as worked up as I do. They make this. You know they find themselves making these same mistakes, digging a hole, and you know there's there's a few traders that are able to be really, really centered and they have a very heightened level of emotional, um, discipline and calm, cool, collected nature.
And I have a lot of respect for them. They're the type of people that could probably fly a fighter jet. I mean, they're just incredible, you know, people. But but that's not me.
and that's not most of you probably. Um, most of us struggle and it's a challenge every day. And today was a challenge. And I'm left here at the end of day nine of trading and traveling.
Uh, feeling like the last three days have been pretty pretty disappointing. Pretty terrible. I've been upset, I've been frustrated, and I have not enjoyed being on vacation. Hasn't been enjoyable because I've spent the whole time thinking about training.
Kind of defeats the purpose, doesn't it? I set a goal at the beginning of this uh, trip to try to hit a thousand a day. and that meant nine thousand dollars of profit. And I've done it. I'm sitting at nine thousand right now, but I had to make 25 and then lose 15.
So I am at 9000, the glasses, uh, is full and yet with 9000 in my pocket, I feel like an idiot. I was up 20, 000, whatever. on the month. Now I'm back to up only five.
Um, so it feels like this whole trip has been a waste because of how much I've given back in these last two days. But in fact, that's a perception. That's not the reality. The reality is that I have done.
You know, I actually exceeded. I actually met my expectation, but it just is. It's hard to perceive it that way when I far exceeded it and then have fallen back in these last two days and left myself. You know it's it's the green to red that's so frustrating to have. You know these two days or three days where I had nice profit and then I just threw it away over trading and then chasing and just just not trading. Super super well super dialed in. So anyways, uh, it is what it is. Live to trade another day.
You know all grand scheme of things. I'm down 15 000 off of over 11 million in gross profit, so I can't really. Um, I shouldn't really get that upset about it. but but I I'm just saying that to make myself feel better because I am upset about it and it doesn't matter how much I've made.
when you trade badly, you get upset about it. if you're like me, so I'll do the recap. It'll be sullen and I'll sound disappointed and frustrated because I am. But that's today and I'll be back at it on Monday and hope that there's something better for me on Monday.
And I'll hope that I can be a bit more centered on Monday. That's probably the most important thing. So anyways, that's it for me. I'll see you on Monday.
All right. Well, today is day nine trading in Martha's Vineyard and I had a a a great seven day stretch. The first seven days were very good. Uh, and these last two days have been pretty terrible.
which leaves a little sour note for the the whole trip. I was sitting at uh, 15 000 of profit after yesterday. Uh, if you looked at the 10 days I've been out here or nine days, this was what the P L looked like. so you know, nice slow and steady.
But then I was down 10 yesterday. Well, I'm down another 25 here. but then, uh. I also took a short and lost 2100 there.
so I'm down 4600 and then when you add commissions for a thousand bucks, I'm down 5600.. So two Red days in a row down 10 and then down another six today puts me basically back to ten thousand dollars. Now I set the goal at a thousand dollars a day while I was out here. But the first seven days I kept beating.
I kept beating it. You know, I had great days. I was 5000 8000 small green day, good green day, tiny green day, nice, nice. And then I just walked into this big loss yesterday.
and since then I've been off my game. Uh, I went off my game. Uh, really. actually on Tuesday right here.
So on Tuesday I went from up 7 000 all the way to Red 2000 and then recovered with a pretty high risk. you know, late morning or earl lunchtime trade that got me back to up 2 000 and you know that wasn't a good day. This was a bad day. I was doing well.
I then took a huge loss, took stupid high-risk trades late in the day, late in the morning, and went Red and then took another high-risk trade, got myself back to the green, and yesterday I started in the green and I could have walked away up two grand and then I went down two grand and then I got back up to green. I could have walked away right there and I didn't and I took you know, a really stupid trade and was down 10 grand Just like that. And now today is going to be similar. I went up initially on Co. Gt, this stock is up 75 percent and I traded it as it went up. I didn't trade it early, I waited until it broke around. I think it was this level here where I first got in. So you know I traded from 725 all the way up to nine and I lost money on it.
I traded it pretty much backwards. I was up three grand right here, and I took a short on the break of eight. So I went short on the break of eight right there. And then I got squeezed for a two thousand dollar loss in my Um.
margin account. So I lost 2100 right there on that short trade. But it also meant that I missed the long trade. At that time, I was up 3 000 in my retirement account.
Um, so I then cover the short and flip long. So flip-flopping so that I'm long at 8.50 But the traded 850? Well, it kind of flat lined there. It went up to 860 but it didn't break out and then stopped out of it for a thousand dollar loss as it pulled back. But then I got back in at like eight.
Fifty Nine added 75, added 85 added at 90.. So now I had a big position with an average of like 88. and then it flushes here. Stop out.
but then I get back in right up here. And then I stopped out a second time on this flush. So kind of felt like I was just trading this completely backwards today. My Sh, I lost on my short and I lost on my lungs.
I I made money on the early trades, but then with that short, I just got off my game because I flip-flopped I went short and then when I tried to go long, I was then had missed a good entry. and then from that point I was just like chasing it trying to make up that loss. So I went from up three grand to down five grand. Uh, and I'm not super impressed with how I've been trading yesterday.
Uh, well. actually, Wednesday, Thursday, and Friday. These last three days have been pretty much garbage for me. Each of these three days I've been green and I didn't take the profit off the table.
I over traded and I went red. And you know it's like if you've been trading for as long as me, you start to ask yourself, when are you ever gonna stop doing this, When are you ever gonna stop being an idiot. You make you know you have seven days where you make x amount of money and then in two days you give back almost all of it. And why does that just always happen? Why, No matter how many years I've been trading, it's just the way it it's always been for me.
Uh, and it's It's really frustrating. and it's demoralizing. Because you know, especially in this market. Because in this market, I'm not getting a lot of opportunities to hit big winners, right? So I'm not getting oops, so I'm not getting a lot of big winners.
But then you know, Sure enough, I'll catch this three-day red streak where I'll give back, uh, two weeks of profit and then I'll make money back and I'll have another three-day red streak and then two day red streak. and then a three day red streak. So that was the last one in May, you know? And on that one, I gave back like 25 grand, right? So you know? Now here I am in June. Uh, was up 20, lost 10 yesterday, lost another five today. So now I'm back to being up only 5 000 on the month and it's the 10th. So and my broker has made more money this month than me because of the commissions and you know, yesterday was infuriating on um, Pb Ts, Was it that one? Or um, yeah, I mean this was I. This made me feel like such an idiot. Um, I mean there's really no defending my position on it, Which was.
I traded it badly and I lost money. I just didn't trade it. Well, I got into all the wrong spots and then I got shaken out. So I missed the big move.
And you know, if Cogt does the same thing that that one does yesterday and this ends up going to 950, I could either break the rules and trade it and then lose potentially and be absolutely livid. Or I could break the rules and maybe make money and feel like oh, you dodged a bullet today or I won't trade it at all because I you know I'm maxed out on my loss. Or you know, I'm not max. I'm not at my max loss here from a dollar standpoint, but from an emotional standpoint, I'm not.
I'm not center and I haven't been centered since Wednesday. and I have no idea why, Because I had, you know, six great days, uh, all last week up till Monday and Tuesday and then on Wednesday. I just I just kind of. I guess what happened was I was up.
You know, 800, uh, and or 2000 or whatever it was. and then I just, um, I just. I took a loss and then I just was chasing to get it back and I I was lucky. I got it back.
I was lucky. but then I did the same thing on Thursday and basically the same thing on Friday. I mean, yeah, I guess it's the definition, just a fomo. Um, you know, fear of missing out, regretted missing out, and you know it's just something I struggle with.
So if I was gonna get better at it, it would have happened by now. it's I don't think it's gonna happen for me. I think I'm just gonna always struggle with this and it's just the way I'm wired. So kind of sucks.
but whatever. Uh, maybe maybe I'll just make enough at some point that I can just throw in the towel and be done. So whatever it is what it is. um, it's hard.
It's just no way around it. This is a hard, this is a hard thing to do and it's It's just the frustration. So the glass is half full. I guess.
um, started, uh, nine days ago with you know, basically, uh, you know, ready to go on a vacation and travel and do some trading on the laptop and I'm walking away with about nine thousand dollars over these last nine days. So a thousand dollars a day was the goal. instead of just hitting a thousand dollars a day, I decided to make 25 000 and then lose 15.. So ending, Uh, as typical, feeling like a loser? Uh, although I have 9000 in my pocket, it's funny how that works, but that's how it always seems to be for me. So I'm gonna shut it down. And obviously if I kept trading I would just throw it all on the table because I am too annoyed to manage risk in a smart way. So that's it for me. And uh, maybe next week we'll have something better for me? Probably not.
but maybe I hope you really enjoyed that video and make sure you hit the thumbs up and subscribe to the channel if you haven't already. Our goal is to hit 1 million subscribers this year, but we won't get there without your help. So please, please please hit that subscribe button.