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Warrior Trading // Ross Cameron // Day Trade Warrior

Good morning everyone? All right? Well, another day begins here. It's day four, but I gotta go drive out to my trusty parking spot. I I like to have a nice view when I trade, so I get the bus started here. we go all right in reverse and we're going to back out.

Oh, got the emergency brake on. Always want to double check that before you put your foot on the gas. Forgot today. A little smoky back there.

the engine burns a little oil all right. so I just kind of back up like this. just a nice steady. I just go in reverse so just one gear.

just that way. I don't have to turn around and go in the first and then go see it. so they just back up. It's going reverse all right.

And this this spot over here is kind of nice because it's a little shady. uh, and I think that's gonna basically do it right there. Yeah, all right. ready for day four.

the small account. Well before I can start trading. this goes without saying, but I've got to connect ethernet and power, so you know this is van life. Of course I've got my Ethernet right here and I've got my power right here.

I keep these on the wood pile that way it stays nice and dry. When it rains, I drag them out over here. Lift up the back so knock that up. Oh, can't do that with one hand.

I just don't have the upper body strength. Wow, I guess 10 years of trading really really does eliminate any muscle mass. Okay, that's good to know. All right.

And then these guys. I kind of do like a little lasso type of thing. I sort of sort of swing them up there like that and then I just go up front and grab them so I don't know what day 4 has in store for me yet. I haven't even you know, turned anything on here.

We go in and gotta do the same with Ethernet. Okay, in all right, ready to go! So I I haven't even looked at the Gap scanners yet. I I hope I pray for some nice momentum today. But I'm a little skeptical because I yesterday was a bit choppy.

We didn't have a lot that looked really good, so I guess we'll see how things look. And of course, as always, I'll break it down for you guys during the recap. Now, in case you thought, trading was easy, I'd like to be the first to remind you that it's not most. and they're all foggy.

See, it's kind of humid in here. Most beginner traders lose money. In fact, even traders who've been doing this for a long time still manage to lose money. So I would encourage you if you're thinking about learning to trade to trade in a simulator before you ever put real money on the line.

If you can't be profitable in a simulator, you shouldn't be trading with real money. It's really that simple. So trade in a simulator and then flip the switch and now we're going to get into my recap. As always, my results are not typical.

I don't even know what the recap is going to be, but as I sit here and start to get things loaded up, it looks like we've got some Gappers. So let's see what Day 4 in the small count challenge holds. All right everyone? Well, uh, this is day four of the small account challenge and I finished up uh, 204 dollars and 58 cents before fees and commissions. be a little under 200 after fees and commissions.
Not bad for day four, but you know, I almost didn't take any trades today at all because you know, I just wasn't Totally sure. we didn't have a fantastic Gap scanner. you know, we had a couple things that looked okay, but nothing that looked absolutely amazing. and so for that reason I was a bit more cautious and I just, well, I just took one tray.

That's what I was gonna do anyways. But um, so let's look at it was Sgoc. Uh, let's see. Um, so this right now is at 12 19.

So first of all, this stock was on our Gap scanner this morning. Uh, in fact, it was the second leading Gapper in the entire stock market, but it was only gapping up 24. It wasn't really the biggest gap that we've ever seen, and this is what's on the scanner right now, but Sgoc was our second leading gapper and what I liked about it in contrast to the leading gap or Glg, Glg was too cheap. I'm not going to really trade one dollar stocks, not really into that.

Io too cheap. Um, let's see there were a couple others here Fr Ln very light volume. Lizzie I've traded it before, haven't done super well on it, so kind of didn't have much interest in Lizzie. I said maybe it was interesting if it could break over.

I think it was 265 275 right there. Um, but it couldn't So no trades on Lizzie and then Sgoc. You know I missed it yesterday. it did put in a big move.

um, or actually I can't remember. Maybe maybe it was the day before that. But in any case, there was one day that I really felt I missed it and um, I think it was yesterday actually. But you know you got this nice squeeze yesterday morning.

and so this morning as I saw it on the scanner, I started looking at the chart and I thought, all right, we've got this descending resistance line. You know, could we get a squeeze up to that level which is about around 14.13 and I decided to give it a stab. And so if we dial this in here on the 10 second chart, what you'll notice is that we actually had this morning and what I would call an Abcd pattern. So let me go back a little earlier.

We've got a couple other little areas where it did pop up. Um, but so this was. this was where I took my trade. So right in here you could see it started to pop up right in this area from 12 up to 13..

it pulled back. We had this period of kind of consolidation and I first tried to buy at 1287 and that was right here. I didn't get filled on my order and that's the order you'll see right here. Um, that I ended up cancelling.

So it pops up a little higher. It goes up to 13 14. It dips and I don't know if anyone knows the name of that pattern right there. Those on Youtube and Facebook.
You might not know it, but that's a one that's a 10 second Abcd pattern. Typically we would trade that on a five minute chart or one minute chart, but it is an Abcd pattern. so it's one of the patterns that we talked about in the classes. and we actually talked about it in uh, the Free Day Trading 101 Workshop that I gave you guys a link to the other day.

but the link is in the description if you do want to register to it. So anyways, this is a Abcd pattern. A pop-up a pullback, pop-up a second pullback, and then a breakout. and so I jumped in for that breakout.

It pops up here to 1370. It pulls back, it tries to go higher on another micro pullback. it's not able to. It dips down.

I took the profit off the table, it pulls back, and then I traded it in my main account. and we've got this trade at the open up to a high of 14.42 I'll do my big account recap separately, but um, you know, I kind of. I also said we've got to be really careful on this because while it has a history of popping up, it's actually popping up just a little bit. Um, right now.

as you can see, it also has a history of dropping. so it's coming right back to that yellow line. But this history of popping up here. Uh, and we can see it on the on the one minute chart pops up and then drops.

Look what it did earlier yesterday pops up and drops. It has this kind of history, so you got to be careful on it. I was careful, I didn't overstay my welcome in the small account. I left a dollar a share on the table because it went up over 14..

So left money on the table. But I got green, so traded. The total value of this trade was a little over five thousand dollars. My account this morning starting balance was five thousand.

Five hundred, twenty seven dollars, and eight cents produced about two hundred dollars of profit. Smaller green day. Uh, it's about not even five percent growth in the account today. But uh, you know, at the same time, it's not bad.

Four percent growth or so. It's still a really decent day for a small account challenge and one trade kept it kept it green. One trade a day is a small account way. So, uh, I'm happy with that.

and it finishes the week here with a green day. So four days in, uh, decent progress. Didn't trade at all on day three, but day four was good. So keeping the recaps short here so you guys watching them, uh, down the road, can, just kind of, you know, go through them quickly.

So Day one, Day two, Day three. and there's day Four in the books. About two hundred dollars of profit and I'll be back at it first thing on Monday morning with day Five. All right, I'll see you then.

Monday morning. Day five. And hey, as a reminder, if you didn't already know, trading is risky. Most beginner traders lose money, and I encourage you to trade in a simulator before you ever put your own money on the line.
All right, have a great weekend and I'll see you for day five. 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

26 thoughts on “Day 4 of my new small account challenge | recap by ross cameron”
  1. Avataaar/Circle Created with python_avatars Jason Parrillo says:

    Do you guys know why Jedi Ross drives in reverse out of his garage 30 feet into his driveway to trade?? Because he can πŸ˜ƒ just added that to the bucket list πŸ’ͺ🏽

  2. Avataaar/Circle Created with python_avatars Mahi says:

    Hi Ross, I hope you are doing great. How are you able to trade more than 3 day trades in a week on small account? This is not on the offshore account right?

  3. Avataaar/Circle Created with python_avatars David Shredz says:

    What if he's homeless and just filmed himself on pulling out of some strangers garage and is now stealing their internet and electric 🀣🀣🀣🀣🀣

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

    For July 19 I'm betting you are trading AEHR in the small account challenge .. Keep ER Green

  5. Avataaar/Circle Created with python_avatars listo120 says:

    I am 100% new to trading. Thanks Ross, for showing the "highs and lows" of trading. I am learning a lot and can't wait to start using the simulator!

  6. Avataaar/Circle Created with python_avatars vr says:

    one trade per day – and all the funds go into this one trade – correct ?

  7. Avataaar/Circle Created with python_avatars Matt says:

    Took your advice on Friday for one trade since I am building my account as well and found a very quality trade on XELA for 4.3%. I was thinking how one trade a day kind of trains your mind to find quality plays since you only have one chance. Felt more patient and calm while trading, thanks for the reminder will stick to this. Long term strategy this will be amazing.

  8. Avataaar/Circle Created with python_avatars Roscovdon says:

    Hey Ross,

    I just noticed you use full equity every single day. Small accounts CANT really do that. We have to wait for our buying power to settle every other day which means we typically use half equity to be able to make trades every day.

  9. Avataaar/Circle Created with python_avatars fishindaytrader says:

    i want to see more videos with ''gir'' in it hanging out helping you trade, she is the best and streaming live, from american broker under pdt under 5k, that is the most realistic of your main target audience,,,,,,trading risky?……..no way!

  10. Avataaar/Circle Created with python_avatars Sharon says:

    Look at that lush greenery all around. Heavenly. Love the van and presentation. Thank you Ross.

  11. Avataaar/Circle Created with python_avatars Wayne T says:

    Ross, what is your account risk per trade on this small account ? It looks like it is > 2% by the size of your profits.

  12. Avataaar/Circle Created with python_avatars Mega GEN99 says:

    how does he get "5 min Relative Volume" on chart? I don't see that option in TI.

  13. Avataaar/Circle Created with python_avatars Navee Cheefe says:

    I'm confused. How are you trading your full balance each day? If it was a cash account, you have to wait for the trade to settle. If it's not a cash account, then you're limited to 3 trades a week. If it's neither of those, then it's not a small account challenge that you're doing.

  14. Avataaar/Circle Created with python_avatars Deno Tm says:

    lol ross is just pure classic. i love the VW BUS. my grandfather had one.

  15. Avataaar/Circle Created with python_avatars Jeff bee says:

    wifi and power cables on the woodpile….LOL!!! Love it!!!—Trading life!!!

  16. Avataaar/Circle Created with python_avatars maxmiami 305 says:

    I got crushed on SGOC, small pop off the bell then flushed the rest of the day. Trash, never again

  17. Avataaar/Circle Created with python_avatars Day Trading Profits says:

    hey guys I am located in South New Jersey, does anyone have any Idea how/where I can get a PC computer?

  18. Avataaar/Circle Created with python_avatars Brandon Thomas says:

    So I missed the episode of why he started trading in his van? Hehe I dig it though! Is it just for fun?

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

    Your intros are getting more fancy by the day! Would you pls break down how you scan your gapers? Thanks

  20. Avataaar/Circle Created with python_avatars A R C A N E says:

    Nice profit! I was watching SGOC for a potential trade at market open but it just tanked. I took 1 trade on GLG, took profits and shut it down. Glad I stopped early because I had a power outage shortly after.

  21. Avataaar/Circle Created with python_avatars Garry S says:

    Will trades in simulator not be 100% the same in real trading? For example if I have a stop limit in sim and I'm trading a few shares or 1 – 2 contracts, will I get stop hunted in live trading?

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

    the fact that you are making this much profit, whenever you're trading mostly pre-market just to make time for your other accounts, is freakin inspiringπŸ‘ I imagine you'd be even more profitable trading this small account after market open, about but who knows.

  23. Avataaar/Circle Created with python_avatars Jesus_is_ISRAEL Psn Rocket League says:

    Can you make 2021 video on how the PDT rule applies to the different areas of the market. As I do research I’m finding different information so I think you can capitalize on what I need to know and for other new people looking to learn before investing short term.

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

    I just thought about how funny it is to watch you trade a few grand in a small account, while you're sitting in like a 2 million dollar van lol 🀣🀣 great video again man

  25. Avataaar/Circle Created with python_avatars the dude says:

    on my small account I bought GLG at 1.13 and sold at 1.35 … market was flaky today sadly. now we wait for monday!

  26. Avataaar/Circle Created with python_avatars Today's Reality says:

    How much is your completely property worth? I’m truly in love with your habitat and would appreciate your response

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