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Warrior Trading // Ross Cameron // Day Trade Warrior

What's up everyone? All right? Well, today is day 22 of the small Account Challenge and I'm up 48 through the entire recap. I will reference it as day 21 because I was confused. I forgot that yesterday was day 21. so it's actually day 22, 48.65 or something like that.

Okay, so it's basically a break-even day, especially after feeds and commissions because I did take a few trades. So um, that's not great. But um, the thing that's kind of a bummer was that my first trade was a red trade. Uh, I got in sprt for a great five minute setup and it failed.

It did a false breakout. I was up 20 cents. I didn't take it off the table. I was looking for a bigger move and it dropped.

I took a five cent loss, I got back in on a dip, took another four cent loss and was down 91 92 On the day from there we got a nice red to green move and I jumped in and got back to green. which is good. So red to green on the stock and red to green on my account. So 48 dollars plus or minus, You know it's fine.

basically a break even day, but it's kind of a nice way to go into the weekend because it's just kind of like pressing the reset button. Sometimes a couple break even days. small green days are just what you need after a bigger red day just to sort of clean. You know, clear, the slaves sort of put some space between you and that loss.

So that's where I finish the week here. Day 22, I'll be back at it on Monday Day 23. All right, I'll see you then. And hey, as a reminder, in case you already know, my results are not typical.

Most traders lose money. You should assume that you'll lose money. And with that assumption in mind, trading a simulator before you ever put real money on the line. take it slow because trading is risky.

All right. I hope you enjoy the recap. Please hit that thumbs up and I'll see you on Monday for Day 23. All right.

So um, day 21 in the small account finishing up 48.95 Not bad and not great. Uh, was Red 92 and recovered from Red to green? Uh. traded sprt but I didn't trade it during this initial move. I traded this in my large account, waited for the first five minutes set up in the small account right here and it was a loss.

Of course you know. Wait, you wait for a good setup and you end up getting a false breakout. It sometimes just feels like I don't know the luck of the draw. So to the loss there and then got back in um at the open.

Oh well. shortly after the open is it squeezed up right here so made back the loss which is great. um but you know I didn't Really just kind of a bummer. You know what? Hey, it could have been a red day and it would have been my third day in a row.

So it's a green day. I'm happy to have a green day. It's a small green day and it is what it is so we'll have higher commissions today. Uh, because of the way I was scaling um out.

so unfortunately it's more or less a break even day. but live to trade another day. So Day 21 kept my head above water. didn't have a big red day traded the market the best I could.
um, but you know, continuing to kind of struggle with prioritization of big account versus small account did well in the big account today. trading sprt as it was squeezing higher which I thought was too aggressive to chase it in the small account. but maybe in hindsight should have so I don't know. Um, last week I was reading my big account.

I was, I think I was green in a small account. probably was green? I'm not, I guess 100 sure. But anyways, um this week I'm green in the big account, but read in a small account and I guess was maybe prioritizing some of these risky or early trades to trading the big account. thinking well, they weren't really safe in the small account, but then missing opportunities that ended up being decent.

so that's that's tricky when that happens. Um, that's probably a unique situation to someone trading in multiple accounts at the same time, which is definitely a uh, it's a factor in in my performance. There's no question about it. I can't perform as well in either account.

When I'm trying to trade two at the same time, both accounts suffer. Uh, the fact is, I'm up sixty thousand dollars this week in the big account and I'm down in the small account like a thousand bucks. So at the end of the week, I'm still at 59 000.. Had I focused entirely exclusively on the small account, maybe I wouldn't be down a thousand.

Maybe I'd be down less. Maybe I'd be up a little, but then that would have been at the sacrifice of the 60 000 that I made in Vidcon. Had I been focusing exclusively on the big account and not touching the small account at all, I would presume I'd probably be up more in the big account just because I would have not had the distraction. So I I had said, you know, July and August.

This is an okay time to divide my focus because slower market. Some days I might just be okay with not trading the big account at all. Just take a couple trades in the small account. Let that be that.

Unfortunately, last week because I went red on the month, I felt like, well, you know, okay, I can't be read on the month. You know, in my big account, I have to at least cover my monthly goal. And then if I take my foot off the gas and focus just on a small account, that's fine. but I can't.

Just you know, have a couple trades, go right on a month and then leave it there. So the goal this week was to have five green days in the big account. I did it. 60 000 is fantastic.

puts me back to green on the month which is great and but not at my monthly goal yet. So next week I'll continue to be dividing my focus between the two accounts. We'll do it the best I can and we'll see how it how it works out. But uh, I'm glad to finish the week with a small green day in the small account.

48.95 is good. Um, you know this trade here was kind of annoying because I was holding at 21 and or was it 21 or it was. No, I think it was 10 15. it popped up here.
um to a high of 10 15. micro pullback and I got long. It rips up to 10 44 or 10 46 to a halt. and then it did a false halt drop down, stop me out for a small gain as it dropped here.

and then it goes. and I was. Yeah, so anyways, kind of tricky, but that's okay. um, got green and that will be day 21 in the books.

So as always you should know in case you know already that trading is risky. My results are not typical. The experience of most being traders is that they lose money. You should assume you will lose money as well.

With that assumption in mind, trading the simulator before you put real money on the line. So with that 21, Day 21 is in the books and I'll see you guys on Monday 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

28 thoughts on “Day 22 of my new small account day trading challenge | recap by ross cameron”
  1. Avataaar/Circle Created with python_avatars Hit After Hit Entertainment says:

    Hey Ross how are you able to ride the waves of the market with a small account without being slowed down by the PDT rule

  2. Avataaar/Circle Created with python_avatars Esintial Davi says:

    What do you recommend for a Trading Simulator?

  3. Avataaar/Circle Created with python_avatars Jason Omer says:

    Thanks a lot! Great video as usual. I was wondering what type of stop loss you prefer or mostly use?

  4. Avataaar/Circle Created with python_avatars Dr. Dean McDougall says:

    I love this video series. Shows the reality of small account trading and the challenges it brings. Awesome that you are doing this and I hope you keep it going until you hit your goal!

  5. Avataaar/Circle Created with python_avatars salimtoonsy says:

    do you go in with the whole 7k on every trade when you open it? or do you scale in ?

  6. Avataaar/Circle Created with python_avatars GO Tigers! says:

    Thanks for sharing. Love the small account perspective to help me grow mine. Got caught in the $SESN halt. Trying to short near the top and reduce my 7% RED day. It T1 halted and went from $5.9 to $0.86.! CRAZY! Made back all my losses since May! 🀯 Lucky Friday 13th ? God smiled on me today. Haha

  7. Avataaar/Circle Created with python_avatars seekingbuddha says:

    For the sake of those who followed your videos seriously, it would be good to mention the entry and exit price of each trade ( rather than only pointing with arrow ). This also makes for authenticity ( not that I am wary ). I do enjoy watching your success and hit the thumps up sometimes

  8. Avataaar/Circle Created with python_avatars Goodbye Mr. Anderson says:

    Hey Ross,

    Long time subby here, I was wondering if you would ever give us a tour of your home. I'm very curious to see it.
    Thanks love you vids, haven't watched this one yet cause I'm busy trading SESN. BTW do you the reason it dropped from 6.00 to .71 cents, and then surged up to 2.13 just before the close? right in that move is were i got home from work and got in a little late for a half point on 300 shares. sweet.

  9. Avataaar/Circle Created with python_avatars Charles Humes says:

    .01%!!! Makes me feel better about my day. Thanks Ross. The legend comes through again for me!

  10. Avataaar/Circle Created with python_avatars Jean Diaz says:

    Ross, make a video talking about $SESN : Nasdaq, this one was halted by peding news at 5.90$ and it resume at 0.80$ crazy crazy crazy! they recive bad news from FDA.

  11. Avataaar/Circle Created with python_avatars Arkar Oo says:

    is august a slow month cause I just started and there have been a lot of false breakouts

  12. Avataaar/Circle Created with python_avatars sebastiaan says:

    What is a good broker to use for day trading in the Netherlands (EU)?

  13. Avataaar/Circle Created with python_avatars Don Promega says:

    JUST LOST ALL MY $500 ON $SESN STOCK HAULT. MY TINY ACCOUNT LEARNING IS NOW OVER WITH!!! SPIKED DOWN TO 52WK ALL TIME NEW LOW TO $0.86. WTF

  14. Avataaar/Circle Created with python_avatars Reckless Records says:

    I had put a total of $9.5k in my account. I am sitting at $2.2k right now. Great.

  15. Avataaar/Circle Created with python_avatars Ryan Sorrell says:

    Hey Ross, is there an offshore broker other than CMEG that we americans can use to avoid the pdt? I blew up an account with cmeg on margin and I owe them like 5K. I turned 3k into 6k using webull but its very slow progress with the pdt.

  16. Avataaar/Circle Created with python_avatars LizardKnows says:

    I was happy to see I chose the same stock to trade with SPRT. Luckily, I bought in after the dip and sold when I thought it might halt up. I'm still practicing, so I only bought 1 share, but it's encouraging to know that .74 cents could have scaled to $740 with 1000 shares. Thank you for these informative videos. I really appreciate it.

  17. Avataaar/Circle Created with python_avatars AJ says:

    I have fighting with small account for a year cause I only can trade few times in a week with $1000 cash account no leverage , it's rough not like 2020 crazy market. market is not volatile to make sense of few penny's right now , gives me a lots of time on SIM Thanks Ross

  18. Avataaar/Circle Created with python_avatars jkdmmabox says:

    Thumbs Up Big Dawg! Thank You for taking the time to make videos for us grasshoppers!

  19. Avataaar/Circle Created with python_avatars Alx B. says:

    thanks for all your vids, really good!
    I just suggest that if you can get a better microphone that would be reallllyyyy nice! thanks so much

  20. Avataaar/Circle Created with python_avatars Trenton Simonson says:

    Yeah I had a small gain as well, only up $12 on SPRT. It was the only good looking stock on this slow Friday. Up %2

  21. Avataaar/Circle Created with python_avatars aaron lizotte says:

    i really hope you dont stop making these small account videos until completion. I understand that they are not getting as many views as the larger account, but the truth those who choose to watch these are in this situation, and dont just want to see someone else make a living off of this, but want to learn and make a living off of this themselves.

  22. Avataaar/Circle Created with python_avatars Aero says:

    I wish I could trade around PDT in my small account. I don't want to deal with foreign brokers though.

  23. Avataaar/Circle Created with python_avatars bruryan says:

    I’m up $950 this week in my real account using the one trade per day then shut er down approach. It works!

  24. Avataaar/Circle Created with python_avatars Tommy Gazi says:

    Small account realities! Thank you for sharing as always. Reminds me making money and growing the account takes patience.

  25. Avataaar/Circle Created with python_avatars Maverick Acquisitions says:

    It’s great you’re doing this for everyone at a small scale. Much more realistic for the average beginner trader. Thanks Ross! (Even a small Green Day is better than any type of Red Day!)

  26. Avataaar/Circle Created with python_avatars DeadGame Boxing says:

    Can you explain your method of trading and understanding taxes. what percentage you're looking for 2 outway taxes

  27. Avataaar/Circle Created with python_avatars Mainchain says:

    Hope You did Well today! I had My First red day today after multiple months with only green days!πŸ€·β€β™‚οΈbest run I’ve had.

    My strategy is dangerous tho. Very few losing trades however The ones i lose are big🀧

  28. Avataaar/Circle Created with python_avatars Garrett Kaiser says:

    This whole week was little follow through on breakouts!

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