Want to Learn More ❓❓ Get info on My Strategy and Courses here: https://www.warriortrading.com/strategy/ 📈
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

What's up everyone? All right. So here we are: 10th Green Day in a road. Just about 56,000 dollars in the last 10 days. That is good.

I Am definitely on a hot streak now. Today was the worst of my worst day in the last week of only $2,600 So you know, a little disappointing. but Green is good. So today I traded in both my main count and my IRA That always feels good to make a little profit in the IRA almost $700 But you know progress is being made so it's gonna put me up to about 22,000 in the IRA account.

and then my main account is getting close to a hundred and eighty two thousand. We're making the way up to two hundred grand in that account. I Really should take out profit soon, but I just haven't. So anyways, you know, solid day overall.

you know we're still seeing that momentum in the market. We'll break it all down in the mid day market recap and as usual you enjoy the videos, give us a thumbs up, subscribe and leave comments below. I'll come back and answer and later today. All right.

So you guys first thing tomorrow morning. All right. So we're gonna get started here with our midday market recap. We'll go over the trades from this morning.

Overall, a pretty solid day. Well, it's actually my worst day in the last week. I'm finishing up two thousand, six hundred, thirty six dollars, and 96 cents. But it is the worst day in the last week.

You know it's been a good week when $2,600 is your worst day. that's for sure. I'm gonna mute my scans there. Let's see, let me just type here.

So yeah, you know we're definitely in a bit of a hot streak, so that's certainly nice. Last ten days, just about 56,000 dollars of of profits, so you know Green is good. Definitely making some good progress here on both my main account and on my IRA account, which is awesome. So with my Roth IRA account, what I did last year for 2017, I had made you know two hundred and what was it? Three hundred thirty five thousand dollars in my small account and I took five thousand five hundred of that and I made a 2017 traditional IRA contribution and then in January I'm like January 5th I made a two thousand eighteen traditional IRA contribution.

and then when I did because I'm above the income limit for a Roth IRA is I did a backdoor conversion where I converted the traditional IRA into a Roth IRA which meant I had to pay income tax on the eleven thousand dollars that I had deposited. So I paid my income tax on the eleven thousand dollars and now I have a Roth IRA started in January with ten. That or with eleven thousand dollars and I haven't traded in it a lot, mostly because I've been restricted because it's a cash account. So today I took two trades in it, made $700 and I only have $3,000 of buying power left and I won't be able to trade in this account for until Friday.

So you know I can only trade in it like once a week and of course, if that one trade is a loser, then you know you've got to wait another week or whatever it is to try to get it back. But even if it's a winner like today, I made seven hundred dollars using almost all of my buying power whereas last week I made twenty, I made a twenty-two hundred dollars using the same amount of buying power. So you know if you have a trade that's breakeven then you know that's you know it locks up your account for a couple days and then of course in July and in August I wasn't trading in it at all because I didn't see any good really good quality setups that I felt were like 99% confidence that it was gonna work. I wanted big winners and so I kept kind of waiting and waiting and waiting and they weren't happening.
Then I took a couple trade than they were losers, you know? Anyways, long story short, the progress and this account has been pretty slow. but once I get above 25,000 I'll be able to day trade in it. you know, more consistently. So I'm looking forward to doing that because the nice thing is that all of the profit in there is tax-free I'm not gonna pay any income tax on that profit.

and when I take the money out, it is also tax-free That's the advantage of the Roth IRA So you know from this you know twenty two thousand or whatever is. you know it is. Yeah, right around 22,000 today. you know over the next twenty five, thirty years I can grow this account and you know if I grow it to a couple million dollars.

that's all tax-free money when I retire. So the only difference is that I can't take the money out now. So I have my regular account which I use for you know the trading and kind of making the money that I need for you know pain everything else. so kind of have the two accounts side-by-side retirement one sort of not my primary focus, but when I see good quality set ups I trade in it So you guys can see here the PNL in the two accounts.

1934 dollars and 64 cents in my main account, seven hundred and two dollars in the Roth IRA So a green day traded you a Vs in both accounts lost seventy nine dollars. my main account made a hundred eighty in the IRA delt I only traded in the IRA didn't trade it in the main account. so I'll go over kind of the watchlist here. are you know what sort of what I was looking at this morning? So let me bring this over, go right, click down to historical date and we're gonna run this scan for nine.

9:25 A.m. every morning is the same. It's always the same routine we're looking for. You know, the the small handful of stocks that have the potential to make a twenty to thirty percent move.

What we're looking for is stock with above-average volume today up at least five percent. So every stock on this scanner right here is up at least five percent. and there's this morning only 2, 4, 6, 8, 10, 12, 14, 16, 18, 20 22 stocks out of 10,000 in the market, Only 22 stocks here are up more than 5% So we just narrowed down the stocks to possibly trade as significantly. We want to see that there is some type of catalyst driving the stock higher.
Ideally, we like to see that the prices between $1 and $10 and we like to see that the float is ideally less than 10 million shares that creates the potential for a home run type of setup. Leading gapper this morning, you A vs. A 57 percent has a headline signs one of the largest specialty crop producers, one of the largest specialty signs, one of the largest specialty crop producers in North America to its new sustainability platform and drone leasing program. All right, so that's the headline.

Out of the gates I Was watching this for a trade and we knew the pre market high was a dollar and thirty cents. So as soon as the bell rang and it started to squeeze up, I punched the order to buy it twice. Boom-boom I had already prepared the order $2 30. so I put the order here $2 30 like this and I press the Buy button twice.

So boom Boom pressed the Buy button twice. However, I got a error and the error was. let's see. Well actually it's not showing up here anymore, But the error that I got was that my risk check failed and that was because I was placing an order more than 10% above the current price it immediately popped from and I pressed that buy button when the price was the dollar 50.

So the bell rang. it was at a low of a dollar 10 as it popped up to a dollar 15. oppress the Buy button once and twice for 6000. Actually, sorry for 10,000 shares I wanted 10,000 share position so I would have been in.

this is about dollar fifteen dollar sixty. it immediately pops up to a dollar 38. That would have been about. Well, I mean that could have been a 2000 dollar winner.

I mean it was a really nice pop there and I didn't get filled. no trade. so you know that's always disappointing when that happens. I consider it a winning trade because I had to set up I had the order ready and I didn't get the fill because of a you know a risk check fail.

So disappointing there. I would have been better off just pressing my hotkey shift 1 but you know it, it just ended up that I chose the wrong way. so I missed that trade all right now. The stock ended up selling off as you can see but I did get in it right.

Let's see where was it? It was right here I got in as it was surging back up I jumped in at a dollar 15 and I sold at a dollar 20. So I was in a dollar 15 or sorry I sold a dollar 18 so made 3 cents on 6 thousand shares three times 680 bucks I got in at the same place in my IRA or in my main account and I lost about a penny. So down $79 also is 6,000 shares so you know, whatever, it just didn't really hold up that well. it hit dollar twenty and then faded and I got out and you know was done with it.

What I thought might happen was a red to green move where it would surge up and that's what ended up happening on A and why and why I was watching out of the gates for a break over $7 We had this pre market consolidation. The bell rings and it surges up to seven sixteen and then flushes all the way down to 642. Then it does a red to green move, surges back up as you can see here and squeezes up to a high of 760. It pulls back, it then surges up to 786.
I kept missing the setup on it, you know I didn't get the ready green set up but I didn't get the first pullback and then I didn't get the second one and so on this one I just ended up, you know, being kind of frustrated I finally got a trade on it. Let's see right on the first 5-minute candle to make a new high which was actually right here. So I got in right here at a dollar 48 for the first 5-minute candle to make a new high. Anticipating that would happen and on that one we surged up to a dollar, five dollars and 60 cents.

So an why in at 43, 45 and 48 with nine thousand shares. The reason I jumped in here was because all of a sudden I saw a big buyer on the bid. You just move this around. There we go at about a dollar, seven dollars and forty cents, Seven dollars and 43 cents.

So I saw this big like 20,000 share order and as soon as I saw that I knew that anyone that had shorted on this drop right here was gonna be nervous and was probably gonna cover. I Press the Buy button within one second I pressed it three times So boom boom boom I jump in I get filled and literally one second later it's at 764 within one Within two seconds, this popped up twenty cents. Now you know this was a trade that was so fast. If you were waiting in the chat room for me to say I was buying, the chat room has like a five-second lack so you wouldn't have even heard that I was in until you know down here.

and of course I would have said I said that I was in a 48 so you would have known where I was in at and seeing how fast it moved. I saw Rob and a couple others said they saw that same big buyer right here and the second they saw it, they pressed the Buy button and then they heard after they were already in that I have got in because of the five-second lag and that's awesome. That's exactly what I want I want you guys seeing me set up so you're pressing the Buy button because you see it, not because you hear me say I'm getting in or anything like that. So anyways, that was a nice winner.

Thirteen hundred bucks there. That kind of put me on the map in my main account. took that small trade on you a vs. seventeen and nineteen.

stopped out of seventeen, took a trade on a SNS at Ninety Four Ninety Seven, selling at Ninety-eight Ninety-seven adding back in 96 and 97 and then selling it Oh 105, Oh 405 and O4. So ASNs this one was was also a gapper this morning. However, by the time the bell rang, it had sold off a fair amount. It kind of pushed up and then came down, came down, and then all of a sudden out of nowhere squeezes up 10% gets halted on a circuit breaker at $1 77, it resumes higher, squeezes up to 95.
It pulls back for a second as it surges up I got in right here. it hits 99 and then it drops down to 78 and then it curls back up here and that's where I added so I added right there. It squeezed up to a high of 210 and in that move I made six hundred and forty-two dollars. so not the biggest winner you know.

Took the scalp on it coming out of the halt, but it was a green tray. It ended up hitting a high of 233 which is a pretty nice move overall and you know so I'm happy with that. So solid trading overall today. I missed, you know one good opportunity and OD ELT this was another one that hit the scanners this morning it was already a gapper.

The bell rings that start to surge up I jumped in it with 10,000 shares, $1 17. it hits a high of a dollar 27. so I'm in this at let's 18, 18 and 19 and then selling at 25, 26 and 23. So this one hit a high of 28 and then there was a big seller on the ask.

like a 20,000 share seller on the ask of 28. So that was kind of disappointing and I sold it as soon as I saw that seller. So you know, whatever. 500 bucks there.

So 700 in the IRA So a solid day there. overall. you know a couple percent gain and in the main account, you know pretty solid as well. Biggest position today probably would have been share size the 9,000 shares on a NY nine times 750.

You know that's a that's a bigger position for sure, you know, but 35, you know, $40,000 but realistically, it's not that crazy. So if I had a thirty five thousand dollar account actually realistically if I had a 25 thousand dollar account, I would have been able to take all of these trades today because I would have just been able to use my margin I would have used margin for a second on a NY and then I would have been good. So a nice job you know. Overall I'm happy to be green.

Another green day. I Believe this is my 10th green day in a row. Let's see one, two, three, four, five, six, seven, eight, nine, ten. Yep, tenth green day in a row.

So 56,000 or so averaging about 5500 per day. Ten green days there we go. Alright, so I'm gonna add that to my calendar and we've got two more days left. Three more days left in November.

So finish up this month as strong as I can I'm sitting on the month right now I don't know somewhere right around 55 or 54 thousand. Let's see. yeah, fifty four thousand, Five hundred it looks like right now, which is pretty good. So four hundred, seventy thousand on the year? Eight hundred and Six thousand in my account that I'm working to grow up to a million dollars.

So I've got a hundred and ninety-three thousand dollars to go. So if I yeah, let's see, there's twenty trading days in a month, so 193 divided by 40 to do it in the next two months, which would be by the end of January I would need to average just under five thousand a day if I give myself three months to get there I would need to average three thousand a day if I give myself four months I would need to average twenty-four hundred a day and I've been averaging twenty two hundred a day for the entire two thousand eighteen years so far. So getting there within three months should not be an issue, especially considering the next two months are my strongest typical months of the year December and January So I think I'll probably cross over the million dollar mark in January that's that's I Mean that's kind of what I've been thinking. January February And you know we'll see, we'll see how we can do.
Of course, you know one. one day of really hot momentum and you know I could make fifty thousand dollars. So if I get that type of move, you know if we see that type of move in the market and I'm in it, that could you know get me really close to the finish line. So because especially if I have a couple days like that.

but you know we'll trade the market we're in right now. we're in a hot market. so I've been more aggressive and you know I'm gonna keep trying to put the pedal to the metal. but you know, today is definitely the smallest Green Day I've had in the last week.

so you know maybe things are slowing down just a smidge And it's you know. I'll just kind of keep an eye on on how things look tomorrow and through the rest of the week. Question: There can I trade margin in the IRA No I don't have I I don't have leverage so leverage would mean I multiply my buying power times you know X amount and I have you know $80,000 of buying power? you don't get leverage. you can get settlement margin which means as soon as you take the trade, it settles.

but you are still. You still have to follow the PDT rule until you have more than $25,000 So and I switched my account from interactive brokers to light speed because Interactive Brokers was so bad with customer service I was just so frustrated I kept missing opportunities and even losing money because their platform wasn't working well for me. So I moved it to Lightspeed knowing I was giving up the settlement margin with lights with them with Interactive Brokers I would have my twenty thousand dollars and I could trade in it three times in a day I could trade the full twenty thousand dollars three times in one day. So I can have one day where I trade three times and then I have to wait until the next week because remember you can only take three trades in a five day rolling period.

so I'd have to wait all the way to the next week before taking another trade. whereas with this I could take five trades in a day if I wanted to but I would run out of buying power and then I have to wait two days for the cash to settle. so you know realistically is kind of almost the same. I mean the only thing that we've better with the settlement margin with Interactive Brokers is that if you were having a day where the market was crazy, crazy hot, you would be able to potentially take three trades on a really hot stock that day and that might be better than you know only being able to take one but I don't know I'm not sure which is really better, but in any case, I'm getting close to the twenty five thousand dollar mark starting on January 1st.
I'll do another deposit which will be six thousand dollars this year they increase the limit so that'll put me up to twenty eight thousand. So I'll be above the PDT level in January as long as I don't take any big losses in the next month and Lightspeed is adding the settlement margin. so I will be able to be actively day trading this account I Believe starting in January So anyways, that's about it for me. I Hope you guys had a great day, made some money, and we'll be back at it first thing tomorrow and see if we can make it an 11th green Day tomorrow.

All right, so that's it for me. I'll see you guys first thing tomorrow morning if you're still watching. you must have really enjoyed that video. So why not subscribe and get email alerts anytime? I Upload new content.

Remember when you subscribe, you become a member of the Warrior Trading family.

By Stock Chat

where the coffee is hot and so is the chat

24 thoughts on “$56k in 10 days! ross’ trade recap”
  1. Avataaar/Circle Created with python_avatars Market Beans says:

    I am from the UK can I join …?

  2. Avataaar/Circle Created with python_avatars FN-2187 says:

    How much do pay in average daily commissions to your broker

  3. Avataaar/Circle Created with python_avatars Mike Teacher ABC says:

    Hi Ross, in one of your videos you say you can see a halt coming. How do you see that? You said u bought some shares going into the halt.

  4. Avataaar/Circle Created with python_avatars Stu K says:

    Just from watching your free vids I tried day trading for the first time today and without seeing your trades live traded the same exact tickers on 11/27. I will be curious to see if your trades today, 11/28, is the same as mine again. I feel like were on the same wavelength 😉 Trades I took today were: ALQA long and an ASNS short. First two days day trading and I have a 90% ROI… Pretty insane. Thanks for all you do and the motivation.

    Note: I have been swing trading for 5 years. So Im not going to chalk this up to beginners luck 🙂

  5. Avataaar/Circle Created with python_avatars Alex Alvarado says:

    I notice you have many computers up and running is that a must?

  6. Avataaar/Circle Created with python_avatars James Palmer says:

    My mind was blown within the first five-six minutes! Thank you Ross for sharing this info. This has gone a long way towards helping me decide to setup a similar retirement account.

  7. Avataaar/Circle Created with python_avatars MikeLee says:

    SAW THE PERFECT SETUP WITH ASNS , 1.34 TO 2.00 THEN 2.09 TO 4.35… !!! I WONT BE A HANDYMAN MUCH LONGER!! LOL

  8. Avataaar/Circle Created with python_avatars Eugene Chan says:

    Racoon = Freudian slip =)

  9. Avataaar/Circle Created with python_avatars Greenshift7 says:

    Is it possible to put a little more volume on the videos? I watch them from work and don't have any speakers to speak of.. Thanks!!

  10. Avataaar/Circle Created with python_avatars DelusionalCowboysFan says:

    How old do you have to be to trade because I’m 16 and I find this very interesting

  11. Avataaar/Circle Created with python_avatars Ernest Frank says:

    do you still pay short term cap gains in your IRA?

  12. Avataaar/Circle Created with python_avatars PepperCat says:

    Ross … Your head works right to be able to do this so well . Good Show !

  13. Avataaar/Circle Created with python_avatars Avalanche83 says:

    That ASNS today bro! Man!!! LOL I hope to one day be able to say "only 2,600 today!" LOL Thanks so much for all the great recaps man! 🙂

  14. Avataaar/Circle Created with python_avatars TheAzDman says:

    Ross, once your IRA account is over 25k, can you convert it to a margin account? Or will an IRA account always be cash?

  15. Avataaar/Circle Created with python_avatars TJ Frass says:

    Ross is it possible for us traders to petition the PDT rule?

  16. Avataaar/Circle Created with python_avatars Doug Kenline says:

    good job. thanks ross.

  17. Avataaar/Circle Created with python_avatars MasterofCreations says:

    I don't know about you guys. But I thought the market was pretty choppy today. I was planning to hold ASNS at $2's but chickened out.

  18. Avataaar/Circle Created with python_avatars Yaniv Dayan says:

    You are so funny with this Shirt lol, keep the good energy up and running.

  19. Avataaar/Circle Created with python_avatars toothnet1 says:

    Can you explain what "position quantity multiplier" is on Hotkeys? Thanks

  20. Avataaar/Circle Created with python_avatars Lil Petty says:

    CONGRATS on your hot streak ! im on a 3 day streak trying to keep it up

  21. Avataaar/Circle Created with python_avatars Sonam Ghising says:

    Hey . Where have you been today ?? Why you are not active on YouTube ??

  22. Avataaar/Circle Created with python_avatars Hola! anythinggoodproducts says:

    That's what I make in a year . DAMM my life sucks

  23. Avataaar/Circle Created with python_avatars l Kermit l says:

    My girlfriend really enjoys your content, I'm not good with this whole trading stuff but she's great at it. I did enjoying watching this though, I already feel more informed haha. Now for a question, would you be able to give my girlfriend a shout out in the comments here? That would make her day, her name's Laura. She's been doing super good in the trade and yeah. Keep it up man

  24. Avataaar/Circle Created with python_avatars Sean Mcfarland says:

    Lost 114$ today on uavs 🙁

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.