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Warrior Trading // Ross Cameron // Day Trade Warrior

What's up, everyone? All right? Well, it's a red day. Recap: Small account is struggling. The last week and a half has not been easy. I had a couple of big Red days back when I was still on vacation, then a couple of small green days, and then I didn't trade yesterday.

and now today. Two thousand dollar red day. So it counts down over ten percent today from, well, just about ten percent from a twenty thousand dollar starting balance down. Uh, two thousand dollars.

So a little less than ten percent. But in any case, I'm a little disappointed. Um, it's the luck of the draw. We just haven't had really good momentum, especially on lower price stocks.

which is what I'm trying to focus on because the account is smaller and because I'm choosing not to use leverage I can make. I can take bigger positions on lower price stocks and so I'm sort of focusing more on those. Uh, the last week the trades that have been the biggest winners have been higher price. so I traded them in my big account, but not a small account.

Again, if I was trading the big account or the small account every single day, and then I would probably say, well, I'll just try to trade the big higher price stocks with smaller share size because it's better than missing it. But right now, there's an opportunity cost in doing that. Let's say I take a trade with 500 shares in the small account. You know, like I don't know stock? that's like 30 or 40 a share.

That same trade in my big account. I could buy 10 000 shares or more. And a dollar a share is then ten thousand dollars in profit versus only 500.. So I'm focusing naturally on my main account for those higher priced stocks.

and unfortunately as it turns out, uh, I'm missing some opportunities. But it is what it is. So kind of grinding and doing the best I can trading two accounts at the same time. And today, the small account got the short end of the stick.

So that's the way it goes. As always, In case you already know, my results are not typical. You should not try to blindly follow me or anyone else, and in fact, you should assume as a beginner trader, you'll lose money. And with that assumption, mind train the simulator before you put real money on the line.

I hope you enjoy the recap. It's a red Day recap. Please hit that thumbs up and I'll see you first thing tomorrow morning for Day 40 of the small Account Challenge. All right.

So today's Day 39 Small Account Challenge. It's a red day down. Two thousand dollars. Took three trades, I lost on three all three, so zero percent success.

Today first trade was dats dats is still holding up I guess relatively well. My trade on it was at the open. I bought it about 8 15. right here as it was squeezing up high that candle was 816..

I bought the next candles. it made the new high hit a high of 832 and then flushed to 792 and I stopped out on this candle right here at about eight dollars. It that did end up coming back to 830, but it just didn't hold up. So I stopped out and that one lost 239.
Azrx was the next trade that I took. this one. I tried to do a uh, halt resumption. I got in at 560, was looking to buy the dip for the retest of the highs, and stopped out right down here at 527.

two cents off the lows. Not a great exit, Ended up bouncing back to break even. Well, I took the 900 loss And then my last trade was Jcs, which I got in at Um 850 for the break of the V app. Right before this candle here, I was at 850 and out at 8 10..

So those were three trades, three losers, and you know, all things considered, Leading gapper today was weak. Second leading gapper of Jcs wasn't much stronger. Nnbc wasn't either. So I probably maybe I shouldn't have taken any trades today, given that we didn't have anything that was really strong.

I tried to make the most of what we had, and sometimes making the most of what we have can put me in the green, but not today. So down two thousand bucks. The account this morning was at um twenty thousand, so it's gonna be at eighteen thousand now tomorrow, which is disappointing. Uh, it's been a rough couple weeks in the account from hitting the high of 26 to then dropping up uh to 19 000 and then making the progress back to 20 and then now dropping back down to 18..

So I'm moving in the wrong direction the last couple weeks in this account for lack of nice momentum and just kind of not catching the right setups and I do need to start turning that around at some point here. I'm not loving that I've been giving back profit, but you know, I step up each day and we just haven't been seeing really good action in the price range. That makes sense for the small account. I'm also not focusing exclusively on the small account.

I'm still trading in my main account, and I primarily am trading higher price stocks in the main account. Some of those higher price stocks have given me some great opportunities in the last couple weeks, but I just didn't take any of those trades in the small account. So small accounts taking a little bit of a um, back burner and hasn't been doing as well. But once we get back into some nice action on lower priced stocks, I think I'll have be able to have a couple of nice back-to-back green days and start to make a little more progress.

So anyways, that's it for day 39. I'll be back at it tomorrow for day 40. 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.

By Stock Chat

where the coffee is hot and so is the chat

29 thoughts on “Day 39 of my new small account challenge | recap by ross cameron”
  1. Avataaar/Circle Created with python_avatars Mike P says:

    Sept 15 ..I hope you caught a piece of INDP today … Cheers .. Keep ER Green

  2. Avataaar/Circle Created with python_avatars ygtcbee23 says:

    I hope today's video is on crushing INDP. Man what a rip up! 11.50 to 17 with very little resistance. Ross, this system works

  3. Avataaar/Circle Created with python_avatars Data Trader says:

    Great content. Clear and easy to understand
    @ good

  4. Avataaar/Circle Created with python_avatars DC2231 says:

    Seriously traders! This is as transparent as it gets.

    He’s talking about making $500 while having $18,000 of buying power.
    Embrace the time it takes to build your account and trade in the simulator.

    Nothing against Apple/Android apps, but this is not the same as one from an actual trading platform. The paper apps in your App Store usually load the prices a few moments later than what the actual market shows. This can skew what you believe you’re accomplishing. Remember it’s about discipline.

    If you can make a dollar, you can make a million!!!!

    Good Hunting!

  5. Avataaar/Circle Created with python_avatars Mike P says:

    Sorry about your loss ,,, tomorrow is another day …. Get ER Green LOL .. It happens

  6. Avataaar/Circle Created with python_avatars TraderRoss says:

    LIFE got me for a red day. Almost think if there's nothing strong at open that screams buy me maybe should just pack it up. I start scouring the scanners & stuff looking for something to get into.

  7. Avataaar/Circle Created with python_avatars Rick Bron says:

    We are all human and so happy you show your red days! Really helps me realize that even the best traders have times where they struggle. I did one trade today and lost 3.5%. Going to keep my head high and hopefully we will see better setups tomorrow 😊

  8. Avataaar/Circle Created with python_avatars Plasma Doku says:

    I bought into some Apple calls then made puts. I made about 30% in total which is better than nothing.

  9. Avataaar/Circle Created with python_avatars Evan Adams says:

    I absolutely adore the candor you display in this small account challenge journey. Keep at it, Ross!

  10. Avataaar/Circle Created with python_avatars Ari DeMatos says:

    I don’t know how you’re able to focus on 2 accounts at once!

  11. Avataaar/Circle Created with python_avatars ygtcbee23 says:

    JCS & LIFE had great Pop and volume today. The market is waiting for a "Taper tantrum" sell-off. Follow-through is lacking while everyone waits.

  12. Avataaar/Circle Created with python_avatars mR TreeZz says:

    Ross i can predict whether you're going to be red or green on the day simply by looking at the QQQ and SPY. why dont you watch the indices and not trade on the inside days or red days? inside days never have follow thru

  13. Avataaar/Circle Created with python_avatars Alex Vvedenskiy says:

    Thanks Ross , I learned so much from you! This channel is definetely the one to watch about day trading!! Hear it Youtube? πŸ™‚

  14. Avataaar/Circle Created with python_avatars Chaotic Good says:

    I bought the resumption on AZRX too, surprised it got toasted all day

  15. Avataaar/Circle Created with python_avatars Christian M. says:

    Look the whole stock market is red. It's better to be out these day.

  16. Avataaar/Circle Created with python_avatars xenoxParadox says:

    How can anyone dislike this? The transparency is highly commendable. It takes a high level of character to make these videos. Thank you for these videos mate.

  17. Avataaar/Circle Created with python_avatars Reinis Boze says:

    FCEL was trending good today and in your price range

  18. Avataaar/Circle Created with python_avatars Honest Mike says:

    Ross, for the love of god, please bring back the morning shows! Or at the very least let us see your gap scanner! πŸ™πŸ»πŸ™πŸ»πŸ™πŸ»

  19. Avataaar/Circle Created with python_avatars Mark Imiolek says:

    I gave back 10% of my gains from the past 30 days. Tough day, I was forcing many trades.

  20. Avataaar/Circle Created with python_avatars jkdmmabox says:

    Wins some, lose some Big Dawg. You're still the BOSS!!!!

  21. Avataaar/Circle Created with python_avatars All We Do is Twin! says:

    Thank you for the recap. A no trade day for me…switching brokers πŸ™‚

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

    I had a nice and easy day today: just rode FCEL 50 cents up from 6.85 to all the way up and sold after it failed to hold 7.35 on the dip.

  23. Avataaar/Circle Created with python_avatars Rene Tejeiro says:

    @Ross my account expired, and I miss the Warrior fam. Going to have to sell my body to get back it into Warrior Pro.

  24. Avataaar/Circle Created with python_avatars T Ya says:

    you also forgot to mention that low price stocks are more violatie and manipulated. bigger faster moves yes true but also bigger loses

  25. Avataaar/Circle Created with python_avatars Ryan says:

    Red day for me too but my trade on AZRX was identical to yours and I always feel proud when that happens whether its green or red xD glad you did well in your big account today

  26. Avataaar/Circle Created with python_avatars michael garcia says:

    Dude. Hang in there. It’s cool to see your big account Green Days and small account red days. The market is tough right now. It’s cool to see you struggle because it does make you appear more human. Lol hang in there you got this!

  27. Avataaar/Circle Created with python_avatars Mostafa Soliman says:

    I’m trading a simulator for a while now and it was a red day for me too .
    I hope Better luck tomorrow for you !

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

    the market has been tough so far this week…

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

    red day recap here too ross. The market is so bad for small cap

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