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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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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/
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#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/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
All right everyone. So and we're gonna break down the trades from this morning. I'm gonna finish the morning up four hundred and sixty seven dollars and forty one cents. This is my second day of self-imposed trader rehab and so far it's going well.
Today presented a little bit of an interesting challenge because on my first trade I made one hundred and thirty dollars and that was on CEI But on my second trade I lost four hundred and seventy five dollars and so and that was with two thousand shares. So I lost about twenty cents per share and that immediately I was like oh man, you know now I'm down like three hundred fifty bucks. The best way for me to get back to break-even would be to trade with four thousand shares, right? But I called Rob and I told him to put a restriction on my account. So if I go into my broker right now and I go to trading, my warning is at four thousand shares.
However, if I go down here, let's say I just do like a buy order I'll just put a buy order at like 384 three thousand five hundred shares and I click buy. it's going to just completely reject the order. And the message is that I miss that I'm just not allowed to so you know I have no position here and I don't have anything to cancel I cannot take more than two thousand shares and I wanted that restriction on my account from the administrative level so I couldn't go in here and change it in the middle of the day thinking that oh, you know, the markets hot. This is the day that I'm gonna step up to the plate now I am still interested in CEI by the way and I'm interested in it over the 440 level for those of you guys watching this live on Facebook but I probably won't take any more trades on it today.
So after that 20 cent 25 cent lost with 2,000 shares, I started to think well, maybe instead of going in with full-size right away, I should scale into my trades. so start with a thousand shares and if it's working at another thigh because in this particular case I went in with 2,000 shares. it immediately dropped when I was out almost 500 bucks and I felt like I'm probably not gonna be able to get back to Green today because you know the market feels a little cold. But in fact I was able to do it on CEI which is currently up 59 percent and gave us a really nice red to green move from 380 up to 456.
And so that's where I made the bulk of this nine hundred and forty two dollars a profit. Now today's a day where I also practiced trading in my T V-- Ameritrade account which went okay, although I was having a little bit of an issue that I haven't had so far. So I'm up four hundred and seventy four dollars on a PRN but I'm up only six dollars and thirty four cents on CEI And something that started happening to me which kind of surprised me was that, well let me let me dive in here. Let me show you my two orders.
and by the way guys Tomorrow I'm hosting a webinar at 1:00 P.m. Eastern And during the webinar I'm going to talk about my small count challenge some of my plans for the challenge, Those of you guys who are excited about video 3 coming this weekend with the reveal of which broker I'm going to use I'm going to talk a little bit about the broker tomorrow during the webinar, and I'm going to talk about the strategy that'll be using during the small count challenge How I'm going to minimize risk, maximize profit potential. And at the end of the webinar, I'm gonna host a kind of special topic of why I'm no longer gonna swing for Hail Mary passes, you know and homerun trades and instead focus on base hits. So you guys I put a link down below in the description both on Facebook and YouTube for you guys to register and in the chat room. You guys have a link as well so that's tomorrow. 1:00 p.m. Eastern Now let's get into the charts here a little bit more so this morning I'm gonna do I'm gonna first bring up CEI Now you know I'm trading. You know still? I'm even though I'm in traitor rehab still setting the bar kind of high in terms of trying to trade in two accounts at once.
So that was my hundred thirty bucks there. My hotkeys weren't working, had to do a load reload type of thing. whatever. So let's go up to the trade on CEI that was that trade.
Okay, so let's see I just want to show you how quickly the order executed on CEI did you do - two - two - two? -. Okay, so right here. Okay, so right here. I'm already in CEI in my main account at four dollars and ten cents.
So I'm in at four ten and that was on this one-minute micro pullback right here. Okay, so we've got a one-minute micro pullback. I'm looking for the break over the high and I'm thinking that the first one-minute candle to make a new high is gonna give us a nice resolution. So right here in in my TD Ameritrade account I went and pressed the buy market order for three thousand shares now I'll I Do accept the fact that this account is sort of exempt from my Trader rehab and the reason it's exempt is because this account is is really just something that I'm testing right now on the side to see whether or not TD Ameritrade is a good broker for the small, for small accounts in general and for day trading small cap stocks.
So at the end of each month when I post my broker statements everything else on the website I post those for my main trading accounts that I use every single day the like a Robin Hood account or an interactive broker's account or an E trade or a Mare trade account that I open purely for a product testing review I just don't count it so that's something just to be aware of. And so even if I made a lot of money, it doesn't really matter. It's because I'm I'm saying I'm up four hundred dollars today not counting what I made and in this. So anyways, I'm gonna click the Buy button and look instantaneous.
Fill: The fill is instantaneous. so boom I'm a in now just like this. I'm gonna press the sell button and just like that I'm out three hundred and sixteen dollars a profit. Not bad and that was on that breakout right there I Wish I'd kept the level two up on the top window instead of having it covered down below. But in any case, that was an instantaneous trade on Ameritrade And the nice thing there, zero Commission Zero ecn fee? No. Commission So three hundred sixteen dollars now I ended up giving back that that three hundred dollars and now I'm up only six dollars and thirty four cents. But whatever. that's just the way it goes sometimes.
So now this was kind of interesting. This took me a little bit by surprise. So I'm getting ready to click the Buy button cuz I'm wanting to get back into CEI and let's see where is it? So I've got my hand on the Buy button and what surprised me is that when I clicked the Buy button, it brought up this second like I pressed it the second I wanted to be buying as I thought the price was gonna break over 440 and so what surprised me was that this time when I pressed the Buy button it opened up this second window and I was like well wait a second you know what's going on here and so I was like about two clicks and and I was like well actually all right well I guess this thing isn't where I thought it would be so maybe I'll hold tight for a second and then I'm gonna end up clicking it again right here where I see that and I'm like wait now wait a second. Why is this now? bring up the pop-up I Already have Auto send checked right here and the reason I want to buy market instead of buy ask is because when I buy market I will get the whole order filled.
If I just buy ask I can't use an offset so I end up putting up the button here right here to buy the ask. But the problem is right now. for instance, on this trade, there's only about a thousand shares for sale on the ask. so if I click, buy, ask, I won't fill my full 2,000 share order so it doesn't really work because you're not.
They don't allow you to do an offset, so I don't know why this just at this point in the day started triggering you know this message the second pop up instead of doing an instantaneous seller because I didn't change anything I didn't log out, log back in. Nothing changed, it just started doing those pop-ups and it did it a couple other times on another stock. By the way, see I let's just watch this for a second and so CEI is kind of coming back up. so this one.
so let's see. I'm gonna pull this up here. so CEI and you know I'll just for the sake of if I take the trade, I'll take it in TD Ameritrade So I don't ruin what has been so far a pretty good day Now What the heck? So this is also extremely surprising because I now AM somehow in the position and I had no idea that I was in the position. That's obviously unacceptable.
So let's go back. let's go back. Hang on to this order because like now, we got to get to the bottom of this and I'll probably have to do I'll probably a separate video on this entirely. So okay, so what happened was so I'm right here pressing the Buy button. Pressing the Buy button it says no position, no position right says I've got no position so you know I I Clicked the Buy button I had two working orders right here to buy the stock at 38 and 39. they weren't working, they weren't executing and so I ended up canceling them I cancelled that one and then I cancelled that one CEI So you know, whatever. I'm still interested in over 440. but this is really surprising because then it shows at 10:37 that Wow look at that.
So what time did I cancel this order? Who this is. This is changing my opinion a little bit here. and what time was this? So it was 1037. It's just not showing any position right here.
so it shows the order. I Don't know man, this is. There's something a little weird here. so now I'm holding.
you know 4,000 shares of this stock and evidently that's you know that's gonna that's gonna contribute to my my takeaway of TD Ameritrade Hmm. so obviously that's not acceptable when you're day trading to have something like that happen where it filled the order but then this never up. didn't update for some period of time and then all of a sudden shows that I am in the stock aisle at this point. You know, whatever.
I'll probably I've already been holding it for quite a while inadvertently. you know if it comes back up to 440. I'm still interested in that breakout spot. so I'll let it do a 5-minute consolidation right now.
But yeah, my P&L is not changing either. So let me try. Let me try logging out and log you back in and let's see what happens. but you shouldn't have to log out and log back in to a platform I've never had that happen with with Lightspeed once in my career or trading with them.
So and those of you guys on Facebook I'll upload all of this to YouTube later today. So yeah, now my positions now it's updating, but not cool. not cool at all. So I'm in this at 38 I still do like it over 40 so I'm okay with that I guess.
but um, hmm. that's gonna be one to add for when I do my final review of TD Ameritrade something. It looks to me like something at some point sort of stopped working on TD Ameritrade In my account, it was working really well and then at some point something kind of just stopped updating. But of course I wasn't clear on when that happened or why that happened.
so I had no idea. So you know, something like that if you're trading in a small account could be really devastating, but you know, for me, it's not a big deal in this account. I Set up purely for the product testing anyway. So whatever happens with this trade, it is what it is and it'll just go in the final review of TD Ameritrade Whether it's a good review or bad review this morning, I Had a very different opinion, but after this I'm not sure what to think. So a little bit of a surprise here anyways. I'm still gonna count it a good day of four hundred and sixty seven dollars here in my primary trading account. CEI was good en LV not great and you know we'll see if this comes back up and rips through 440 450 460. that would be nice afternoon breakout.
It is holding up relatively well. it's up 60% pre market high Was way up here around 5:00 5:30 so we'll see what happens on it and you know an interesting experience here with TD Ameritrade today. So leave your questions comments below and again, make sure you guys register for the webinar tomorrow at 1 p.m. Eastern All right I'll see you guys then.
Hey, did you know that I Go live every single morning between 9:00 and 9:15 to stream my pre market watch list. Subscribe to the channel, press the bell for the alert and you'll get the notification.