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Warrior Trading // Ross Cameron // Day Trade Warrior

What's up, everyone? All right? Well, today is day 12 of the small Account Challenge and I'm up 24.80 That's it. One trade. I didn't see anything else that looked good, I just couldn't get. I just couldn't get in the group today and in my main account.

I was read on the day, so that's an indicator. Probably just the choppiness of the market. So I think it was the right approach not to take any more trades today. So I I would have allowed myself two trades, but I didn't see a second one that looked good.

So one trade, a small green day. It's better than a red day, but you know it's really, really nothing much and it wasn't a very good trade. I'll break it down during the recap and as always, in case you didn't already know, trading is risky. Most beginner traders lose money, so you should assume that you lose money.

With that in mind, trading a simulator before you put real money online. All right, trade cautiously. I'll see you guys first thing tomorrow morning for day 13.. All right everyone.

So today is day 12 I believe of the small Count challenge and uh, yeah, day 12. and I'm sitting up 24.80 and I'm not going to keep trading today, you know? Unfortunately, we didn't have a great Gap scanner today. Infi float was too high Grvi This was okay, but it was quite choppy and I didn't trade it very well. I traded it in my main account.

I didn't trust it in a small account. I made 10 000 and lost 15 so I'm down 5 000 on it. Uh, Btbt is a crypto bitcoin sympathy stock. I didn't want to trade that sprt.

I thought maybe if it got over eight, um or over nine, broke a V break a V but couldn't do it. Most of the move on this has been after hours and during regular trading it's been tricky. I'm not sure why. um and so anyways really didn't have a whole lot that looked great.

Um, Flgc hitting the scanners and you know I was kind of looking at that one earlier, but volume was very light and didn't end up really making much of a move at the time. but it is an all-time high sort of setup so these ones can open up a bit. but the float's 35 million shares. so um.

but then of course the one I traded um was not a very good trade at all as Xc. someone posted in the chat room Asxc news 9 a.m and I was looking for news at 9 00 am. I was hoping we would have some headline at 9am that would give a nice trade and so I uh pulled it up and I saw that he had just spiked from 220 250 and I was like okay here we go, We've got news on it and so I typed in the symbol so I I typed it in and punched the buy button, Bought it 2.45 and I bought let's see so 2 480 shares which was basically the biggest position I could take with 95 90 buying power and uh, you know it popped up there to 2 79 and I stopped out when it came back down at Uh 246. made 24.80 One penny per share.

Exactly one penny. It's just lame. Uh, it ended up curling back up a little bit towards um, at the open and throughout the morning. But uh, yeah, so that was it.
And at that point I was just like, you know what, I shouldn't have taken the trade because what I neglected to do was check the float. Normally when a stock is hitting my scanners, it'll show the float. Now this one wasn't hitting my scans and I thought, well, maybe that's because the way my settings are too tight, it's just missing the scan and that sometimes happens. But I jumped into it.

and then I realized after the fact um, I so I type in the symbol here 80xc or Asas xc and I check the float. 232 million shares. That's a large cap. It's not a small cap in terms of the price or in terms of the float and that was a mistake.

I shouldn't have taken that trade and I ended up bailing on it. So you know, large float, More stocks with larger floats. Um, you know, whether it's a mid cap or large cap, this is probably. It's not really a true small cap with a float that big.

Even though the price is low, they can be tricky. and you have those algos that are on those types of stocks much more than on large cap than on true small caps with floats of under 10 or 15 million shares. And you know you get that sort of algo spike on news. It pops up and then immediately reverses.

That's so common. And that was a trade that I jumped in too quickly, too aggressively. and I'm lucky it wasn't a 2 300 loss because it easily could have been. So that was a mistake and I was kind of a little desperate for a trade.

I really wanted to get a trade and um, I should. Just I should. just sat on the sidelines and waited. and if I had done that, I probably wouldn't wouldn't have ended up taking any trades today and that would have been better than one bad trade.

So that's day 12. Not really a great day there, but uh, we'll live to trade another day and we'll be back at it first thing tomorrow. Something I I was struggling with a little bit with some of these like Flgc and also um, Gr vi a little bit and definitely sprt is. You know they're still a little on the expensive side, you know, in a stock like this.

Given that my account balance right now is like seven thousand. Two hundred dollars, I can't buy even a thousand shares of a stock at nine dollars. So I'm looking at seven eight hundred shares and I'm asking myself, man, 7 800 shares? You know, I mean I? I don't know if I'm even gonna make 20 20 cents on it. Is it really worth it to take that one trade on something that I don't even know that I'm gonna get 20 cents on it.

It's like 150 160 bucks, so that's part of my calculation right now. That will be less of a factor as the account grows. But and then that was. You know, the other reason I was so aggressive on Asxc, I was like, it's the right price, It's the right price for a small account.

This this thing could could move. and you know that over, um, overtook my kind of due diligence and it resulted in a pretty pretty silly trade. So that's day 12 in the books. Uh, one trade, one entry, one exit, and I'll be back at tomorrow for day 13..
All right, see you guys then And that right. There was an entire video with no ads. I don't monetize my youtube channel with video ads, which means you guys get to enjoy the content. But do me a favor, please hit that subscribe button and give me a thumbs up and let Youtube know that this channel is the channel to watch.

If you want to learn about day trading. You.

By Stock Chat

where the coffee is hot and so is the chat

33 thoughts on “Day 12 of my new small account challenge | recap by ross cameron”
  1. Avataaar/Circle Created with python_avatars Arjun Singh Bisht says:

    Hi sir, I do trade in option indian market and I loss most of the time, don't understand what the problem is..??
    Everytime whenever I trade on any pattern, it goes failed..

  2. Avataaar/Circle Created with python_avatars El Jena says:

    Hi guys, all the way from South Africa πŸ‡ΏπŸ‡¦ here.
    Good news we did not had load shedding ( no power) yesterday and I could trade. I am still learning.
    I am so happy to see that I can finally read the market. I saw yesterday that it is a bad trading day, market was cold πŸ₯Ά(if that is the correct lingo). Every morning I check your videos Ross to see if I am on the right track. So far I am learning tons.
    Thank you for your rawness. It is refreshing.
    Most of you are probably sleeping while I am typing this.
    One secret I have learned about trading so far is patience.
    Looking forward to learning more.πŸ˜€

  3. Avataaar/Circle Created with python_avatars 72311A says:

    NAOV TLRY INFI …..Ross trade in a simulator until you regain your confidence….today was HOT if you were focused.

  4. Avataaar/Circle Created with python_avatars Tyler Hall says:

    So I started my first real money account on this past Friday. I decided not to trade Friday, Monday, or Tuesday. Today I made my first ever real trade. $154.50 on BTBT right before 12pm. my position size was about $1300. That's like a ten percent return on my first trade, and almost a 5% account growth on my first ever trade! I AM SUPER HYPE AND PROUD OF MYSELF

  5. Avataaar/Circle Created with python_avatars rafikozz says:

    Remembererd i got 18 dollars worth of btc, anyone think it's possible to make profit with this account? Ran out of money, being broke is the motivation.

  6. Avataaar/Circle Created with python_avatars MIKE PALOMBI says:

    Completely agree – there was nothing – no set-ups worthy! I just sat back and watched the market sediment.

  7. Avataaar/Circle Created with python_avatars Francisco Jonatan Cortes Esparza says:

    Hi Ross, I was thinking about what broker you use for your day trading? Thank u so much!

  8. Avataaar/Circle Created with python_avatars Natalia says:

    Hey Ross! My husband and I love your channel and always anticipate your uploads. They're even more exciting when we picked the same stock as you to trade πŸ™‚ I feel though I'm more risky in my paper account than in my cash account. Paper account has more money but I want to have the same emotional, energy, strategy as I do when I'm trading in the paper account for cash account. Is this normal?

  9. Avataaar/Circle Created with python_avatars TraderRoss says:

    I refunded my small account, yea baaby. The market was choppier than a Bruce Lee movie. I found 5 small green trades but didn't amount to any money since I cut them off at first sign of weakness & was mostly correct on that. Up $26 net. I'll take that over losing $600 like a dumbass 2 weeks back. I heard you say the big accounts red. Maybe I'll get some tea before watching.

  10. Avataaar/Circle Created with python_avatars Roland says:

    What is a good % of winning trades vs losing trades? I have been very good at putting together losing trades by averaging down and letting small losses turn into $10,000 or greater losses.

  11. Avataaar/Circle Created with python_avatars Momentum BattleField Scars says:

    Yup tough day today I knew by 7 minutes into the opening it was not a big movement day that it would be slow. Looking forward to tomorrow

  12. Avataaar/Circle Created with python_avatars Big Chody says:

    That epic day when you beat ross up .47% baby!

  13. Avataaar/Circle Created with python_avatars Cocky Trader says:

    I did 3 trades in SIM, Did $99 total with $3400 … No losses though… but DAYUM 3400 to make $99 bucks? And in real life that money would have to clear and I wouldn't be able to use it again till Friday!

  14. Avataaar/Circle Created with python_avatars SOLID TRADER says:

    You're so transparent with your school and project well done. I learn a lot. ty to you I watched you do, the best thing you know how to do it scalping πŸ™‚ and teach others, men you are real Nice person best for you and warrior school.

  15. Avataaar/Circle Created with python_avatars Huw Kelvin Morgan says:

    I have always said that if on the day there is nothing to trade then don't trade its that simple, there is always tomorrows gap scanner.

  16. Avataaar/Circle Created with python_avatars glenn Spivey says:

    What does float do to influence a trade

  17. Avataaar/Circle Created with python_avatars Ezra Barrow says:

    didnt sleep well last night so i slept in till 10AM, was still groggy so stayed out of the market. later on around 2 or 3pm i got a couple trades in on FLGC, up $40 on my $1200 sim account. past couple days have been losses so im glad for the confidence boost πŸ™‚

  18. Avataaar/Circle Created with python_avatars P N says:

    I made $250 today on my 4K account. I traded $INFI. It ran all day but had meetings to go to…

  19. Avataaar/Circle Created with python_avatars Ghost Peppered says:

    You actually did fine today in small account. Small wins! Marathon!

  20. Avataaar/Circle Created with python_avatars Maine River Tide Fishing says:

    Im not to sucessful with my trades yet and no where near the level of trading I need to be to attempt similar tradig style as you but your channle has inspiried me to learn this on my free time your content is inspring and motivating. Thank you Ross

  21. Avataaar/Circle Created with python_avatars Neil Powers says:

    Yeah today was a tough day to make anything on my account. I was only up in my paper account because I was shorting (but that is only something I’m comfortable doing in the sim).

    And there no way I’m waking up at 4 in the morning to catch those premarket gapers.

  22. Avataaar/Circle Created with python_avatars Anthony bernal says:

    Does the small account has limited trades or still unlimited too?

  23. Avataaar/Circle Created with python_avatars Xhesjan Stojani says:

    Watching your videos at the end of the day is a routine now.

  24. Avataaar/Circle Created with python_avatars Sundy B says:

    I stayed in the simulator today. Yay!! No loss today! πŸŽ‰πŸŽ‰πŸŽ‰πŸ™

  25. Avataaar/Circle Created with python_avatars Carlos Vargas says:

    I really appreciate what you do for us, I can’t thank you enough!

  26. Avataaar/Circle Created with python_avatars Jake says:

    the market this week has been disgusting. And my growing impatience for a good setup is starting to make me trigger happy. I'm losing money on setups that I know are terrible.

  27. Avataaar/Circle Created with python_avatars Legend says:

    Over traded my ass off down $300 in my $1700 account. Trading in the market I wanted to be in. Taking a step back and going to be patient.

  28. Avataaar/Circle Created with python_avatars OmgItsMatt09 says:

    What do you guys use as your profit targets?

  29. Avataaar/Circle Created with python_avatars Shadow Ghost says:

    Made $6.23 on only having $189 dollars to trade with!!! Wish I had more $$$ to trade with. Growing my account very slowly.

  30. Avataaar/Circle Created with python_avatars Maa'khina says:

    Hi Ross, $72 green day one trade.
    -$24 yesterday, +$16 on Monday

  31. Avataaar/Circle Created with python_avatars Alain Leistikow says:

    I got bit by GRVI as well this morning. Tried to ride the momentum after the resumption on the halt, but it couldn't keep up it's strength. Oh well…tomorrow is another day.

  32. Avataaar/Circle Created with python_avatars OmgItsMatt09 says:

    Ross. As a beginner trader should i use a 10 cent stop and take 1/2 shares off at 1R , 1.5R or 2R profit target? What would be your usual profit target when trading momentum like a bull flag for example?

  33. Avataaar/Circle Created with python_avatars Michael Pledgure says:

    Who is your broker for the small account

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