Curious about my tradesโ“โ“ If you have questions ๐Ÿคทโ€โ™‚๏ธ๐Ÿ‘จโ€๐Ÿ’ป๐Ÿ˜‰โ“โ“ ask them below!ย  I respond to every question posted on my channel.
You're 7 Steps away from Learning How to Day Trading
1. Your first big step to learning how to day trade ๐Ÿ—“ โฐ is to register for my next FREE Day Trading Webinar ๐ŸŽฅ ๐Ÿ“บ ๐Ÿ‘จโ€๐ŸซWhen you register, you'll get a free digital copy of the best-selling book (best-seller on Amazon) titled "How to Day Trade" by me, Ross Cameron! ๐Ÿ“š - https://www.warriortrading.com/free-day-trading-class/
2.ย Frustrated by the PDT rule? โŒ๐Ÿšซ I know I am! Check out this link to read about how Day Traders with Less than $25k can trade ๐Ÿ†๐Ÿฅ‡ - https://www.warriortrading.com/how-to-day-trade-without-25k/
3. Donโ€™t understand the lingo? ๐Ÿˆต๐Ÿ’ฑ๐Ÿˆณ๐Ÿˆฏ๏ธ Learn the most important day trading terms & definitions on this page here - https://www.warriortrading.com/day-trading-terminology/
4. I started with less than $1000 and turned it into over $1mil ๐Ÿ’ต ๐Ÿ’ฐ in trading profits ๐Ÿ‘€ - https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/ Remember, my results are NOT typical. Day trading is very difficult.
5. Okay, so I make money...But here's the big question, do any of my students make money?ย  Check out this student success story about John's path to making over $500k ๐Ÿ’ฐ๐Ÿ’ต since he learned to trade my momentum day trading strategies. John's results are NOT typical and are not intended to be a representation, warranty, or guarantee that simliar results will be obtained by you - https://www.warriortrading.com/success-stories-john/
6. Are you ready to take the LEAP? ๐Ÿคพโ€โ™‚๏ธ๐Ÿคธโ€โ™‚๏ธย  You can watch me trading every morning in our day trading chat room. ๐Ÿ‘จโ€๐Ÿ’ป๐Ÿ‘ฉโ€๐Ÿ’ป๐Ÿ–ฅ - https://www.warriortrading.com/day-trading-chat-room/
7. How many monitors is too many monitors?ย  Check out this video here on setting up your first day trading station ๐ŸŽ™๐ŸŽ›โŒจ๏ธ๐Ÿ•น๐Ÿ–ฅ๐Ÿ–ฅ๐Ÿ–ฅ๐Ÿ“  - https://www.youtube.com/watch?v=1VPQURM9C3g
Disclaimer: https://www.warriortrading.com/disclaimer
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior

So what's up everyone? All right? Well, today is no trade Wednesday. no trades for me, I was. So the issue today was that the drop in bitcoin was creating a lot of, uh, well, there's a lot of attention on it. Bitcoin dropping down to 30 000 and then bouncing back up off those lows.

And so we saw some opportunities in some stocks. I was watching Coinbase for a short at one night at 219 pre-market but the volume was only 750 000 shares and the spreads were big 50, 60, even 70 cents and I thought, man, I just I've already had three red days you know this is. I like the idea, but I don't think I could take the risk and I saw Tesla. Wow, that looks interesting for a short below 550, breaking the 200 moving average on the daily.

Well, that one's risky too. I didn't trade it, it drops to 545, then pops back up, so you know. And then there was Riot and Mara. So there's these sort of Bitcoin derivative stocks where their price action value is very much based on what's happening on in Bitcoin.

Well, I don't have a bitcoin chart up. now I I could, but I've really never done that when I'm trading. I just, well, I don't trade those types of stocks. Usually, I don't trade cryptocurrencies, and I don't focus on the Bitcoin sort of derivative stocks.

which Tesla only is because they decided to buy so much Bitcoin that's on them. Uh, so I feel like Tesla's a short, but it's just as breaking this critical level on the daily. but I didn't feel like I could take the risk on it. Um, Coinbase.

I felt like it's a short, but couldn't take the risk on that. I saw the Coinbase website wasn't working very well this morning. I tried to get on. it wouldn't work for me so I don't know.

But uh, at a certain point I said, you know what, It's 10 a.m I think it's time just to button it up and say I'm done for the day, close up shop. I didn't take any trades, it is what it is. I. I want to trade every single day.

It's very hard for me to sit down and restrain myself, but everything I looked at today I was just like man. I just don't feel confident enough. And maybe that's because I've had a couple red days and I really feel like I need a green day just to break the streak. And nothing was quite strong enough to give me the conviction to press that button.

You know, the buy button or the short button. And of course, I don't usually like to short anyways, because my gains on short positions are taxable, whereas my gains on long positions are no tax. So you know. Ultimately, I keep half of what I make on the short side.

and I keep all of what I make on the long side. So I'm incentivized to focus long. And that's what I do for the most part. But you know, that's just that's the way it is.

So anyways, Um, this is A, that's the recap. I wasn't gonna do one and then I thought, well, I'll I'll just do this. It is what it is. So no Trade Wednesday discipline strengthening that muscle.

It's A. It's a good one. It's one that you've got to have and it's going to carry us through. You know, the next, Well, the rest of the week, and into next month.
Next week, the following week, and into the month of June. we'll see what the market has for us. I'm expecting sporadic opportunities where you kind of have to be on your toes. uh, sort of like, um, I don't know.

fishing, maybe or hunting. I'm not a hunter, but you know, just kind of. There might be something that comes across, but it's gonna be a lot of sitting and waiting and being patient and not wanting to waste the the ammo. Just be patient.

And then when you see something, finally get it before it's gone because that might be your only opportunity for the day of the week. So it's you know, eat what you catch right now. I mean, I guess it's always that way, but certainly right now. and discipline is important.

So I hope you guys enjoy this short brief recap and I'll see you first thing tomorrow. 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

30 thoughts on “No trade wednesday | recap by ross cameron”
  1. Avataaar/Circle Created with python_avatars Nik J says:

    hey, why do you pay more tax on short trades than long? I am a predominantly short trader and this is my first year as a full time trader – just curious if that is a tax law nationwide?

  2. Avataaar/Circle Created with python_avatars Candyman Trader says:

    wow! you actually did itโ€ฆ bravo! Iโ€™ve been โ€˜sidelinedโ€™ since February and havenโ€™t taken a single trade. Will be back at it in Juneโ€ฆ unless the MKT is still going sideways or down.

  3. Avataaar/Circle Created with python_avatars steamroller82 says:

    Sticking to your guns is important. There is no rule that you have to trade every single day. ๐Ÿ˜€

  4. Avataaar/Circle Created with python_avatars Hola! G Mac says:

    I fish for Big Tuna quite a bit and we say "If you do not see any fish, don't waste the bait"

  5. Avataaar/Circle Created with python_avatars Troy Clark says:

    Ross I left you a Dm on instagram, very interested in taking your course. I have some questions.

  6. Avataaar/Circle Created with python_avatars maurices levines says:

    Ross not sure where you are at this moment, but if you didn't trade ANVS on Friday morning, you missed the greatest stock move of 2021! This thing is up 62 dollars today!

  7. Avataaar/Circle Created with python_avatars spearsg says:

    Bummed. Apparently no more Ross youtube recaps or trading until fall, if I've understood. ๐Ÿ™

  8. Avataaar/Circle Created with python_avatars im2sklld4u says:

    "no trade wednesday" followed by "no video thursday"

  9. Avataaar/Circle Created with python_avatars Stephen R M Maher says:

    We didnt trade yesterday due to those same conditions. My team sat and watched, monitored and learned a whole new market condition yesterday. Was a life experience

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

    Not even UONE got your interest! A turtle with fried nerves never take another step forward…..time for a vacation Ross!

  11. Avataaar/Circle Created with python_avatars Robert Schrader says:

    Sorry I have not commented lately been kinda Iโ€™ll with vertigo and minears disease . Hope you are all well back east in Rossland lol . The market will get better man . Blessings

  12. Avataaar/Circle Created with python_avatars Veronica Electron says:

    Hey Ross Your trading strategy is Follow The Leader It doesn't work You gotta buy when everyone else is selling

  13. Avataaar/Circle Created with python_avatars justin jones says:

    We all want to trade every day we all want 10% daily but we don't make money we take what's on the table

  14. Avataaar/Circle Created with python_avatars justin jones says:

    Good job ๐Ÿ‘๐Ÿ‘๐Ÿ‘Œ…. identification of subpar positions and avoidance is the mark of a good trader

  15. Avataaar/Circle Created with python_avatars ร‡hart ร‡hampions says:

    Hello I'm new to Crypto and would like to invest now with the Dip but I've got no idea on how to make profit. Please what's the best approach you'd recommend?

  16. Avataaar/Circle Created with python_avatars yan yan says:

    For the starter program will I learn strategies that I can use instantly? and what's the difference between starter and pro? is it ok to only attend starter?

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

    I didn't see anything worth trading today (Thursday) So I'm swinning RETA. Its such a nice stock ๐Ÿ™‚

  18. Avataaar/Circle Created with python_avatars sly angler says:

    In wildlife species, we call it an opportunist. For example, a red fox is an opportunist. They leave the den on the hunt and try to capture whatever they get the opportunity to eat for the day. A squirrel could cache the nuts and fruits and feed this way. Ross needs a fox t-shirt when he goes on the market hunt. haha

  19. Avataaar/Circle Created with python_avatars J. T. says:

    Way to go!!!! After a few not great days, you decided not to lose money and not to lose time. You truly are a master.

  20. Avataaar/Circle Created with python_avatars Don Koh says:

    I like your attitude and approach on this recap, bro Ross… it actually made my day to watch this one. I support you in the call you made given your assessment on the market yesterday, Wednesday. Funny thing, I placed a small buy order on Tsla for 555/ share around a month ago, but cancelled it last Sunday night, just feeling too weirded out by the high PE stock in a kinda sketchy uncertain market moment being navigated, imo.

    Let's all get our collective healthy deep sleep periods we need, yes. and I hope you continue your perceptive, patient, adaptive and agile tactics as I feel it's ok to be more defensive and timely in a newly developing iffy trend cycle, potential volatility included.

  21. Avataaar/Circle Created with python_avatars Lily Mou says:

    If you are scared just take smaller size. Like one thousand shares. I trade Mosy today, $4.8 in, $5.3 out. 1000 shares, $500 made.

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

    You should try TQQQ if you have nothing else going. I think it would work well for your strategy, plus it also trends well.

  23. Avataaar/Circle Created with python_avatars Keaton Cruver says:

    No trades for me today. Decided to watch the webinar. Glad i did!

  24. Avataaar/Circle Created with python_avatars Motivational Relaxation says:

    How to manage our self after loss please explain how to Handel that

  25. Avataaar/Circle Created with python_avatars hooman_or_whatever says:

    It was almost no trade Wednesday for me as well. Then it wasnโ€™t. ($144). It should have been

  26. Avataaar/Circle Created with python_avatars Mourad Douss says:

    You did well. If you dont feel enough confident. Thats better dรฉcision than making another red Day. IT takes courage and decipline. Thanks for Sharing.

  27. Avataaar/Circle Created with python_avatars SpetznazSamson says:

    Ross, what happened to pre-market watch-list? It was great motivational part of my morning. You left without any warning. We would understand if you will even say: "OK folks I am tired of doing pre-market so no free watch list for y'all".

  28. Avataaar/Circle Created with python_avatars Probing One says:

    great day to sit on the sidelines, huge gap down took out the air in the market

  29. Avataaar/Circle Created with python_avatars TheENofficial says:

    I havenโ€™t traded in like a month lol
    This market is too choppy and volatile

  30. Avataaar/Circle Created with python_avatars RockPaperCissors ็Ÿณๅคดๅ‰ชๅˆ€ๅธƒ-ๅฎ‰้™็š„็ŒŽไบบ says:

    yeah, no trades, I couldnt find any trades, but try to find one and did with a tiny loss. Had lunch and come back saw one chance in TSLA, short and covered with a little more than $2 profit, closed green today.

    So far only had two red day with very small loss for this month.

    cheers

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.