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#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
Before we continue...👀
💰Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money.
❗❗My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
❌Do not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/.
🍏 All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.
✔️If you don’t agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos.
Still with me?
Now let’s dig into some helpful information …
What’s my story? ✏️ You can read it here: https://www.warriortrading.com/ross-cameron/
And check out my broker statements here 📝 https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/
Our website is filled with free info 🔎 Start with this guide, no opt-in required: https://www.warriortrading.com/day-trading/
Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class 💻 Register here: https://www.warriortrading.com/free-day-trading-class/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
What's up everyone? All right? Well today is worst day of the month. well disappointing finishing up only $2295 and I feel like I have to cut back on my expenses cuz this is things are getting a little tight. This is getting ridiculous. What can I say The momentum is Haq right? I'm getting spoiled I'm used to seven eight $10,000 days back to back to back to back so making only $2,200 feels like a small day, but in reality it is a great day.
My daily average right now is about three thousand dollars per day this year on the 64th day right now, so I am a little below my daily average. but I can't complain. this is still the momentum is hot. We're doing really well so today couple stocks I traded.
it was a little slower. the watchlist was a little lighter, not as many gapper so you know things starting to shift a little bit and I will have to be a little bit more careful going into tomorrow and going into next week to see if we're beginning to sort of see the you know, the the tide shift a little bit. a little bit of a pullback off this hot momentum or if this is just a momentary rest before boom. we got another stock that goes up 100 200 percent.
so we're gonna break it all down in today's midday market recap. All right everyone. So we're gonna break down the trades from this morning. so I've finished in the morning here up $2295 and 26 cents.
It is my 11th green day in a row which is awesome and it puts me up just under $65,000 sixty-four thousand dollars on the month which is terrific. So just you know, making my way here towards that you know, well not really sure I guess I didn't really says strong goal for this month I've been you know, trying to get towards 80 thousand dollars in profit and I think that I've got a chance at that here with still two weeks left. So if I could do ten thousand dollars a week for the next two weeks, I'll be in good shape there. So today was kind of an interesting day because there really wasn't a lot that looked good.
The scanners were pretty much dead this morning. The only gap or that we had that I did take a trade on was resn. This was a little bit of consolidation pre market I took a scalp over the pre-market high. My entry here very first trade of the day was along at 4:12 and 4:14 It popped up to a high of 426 425 and then it came back down.
So I stopped out of that with a 454 dollar loss with 10,000 shares. so not bad in a 415 out of 409. Then I took a trade on any te This is a nice trade. popped up on our scanners but as has been the case several times this week, in the middle of the trade I lost my internet connection.
so I'm in with 7,500 shares at 8:54 a break of this little flag right here. as you can see, that was the flag break guided in 7,500 shares at 850 I wanted to add 2500 at 9 for a total of 10,000 shares and I lost my internet connection when the price was at about 880 I then didn't know I had no idea what the price was until I saw as my internet came back up, the scanner said 936 right here. So as ice as soon as I saw that I just pressed Control-z to sell because I thought I better just try to get an order in there to sell I don't have quotes yet but maybe it'll take my order and it did and I sold it 895. So three thousand, three hundred ninety two dollars profit on that. It wasn't as much as I could have made if I hadn't lost Internet but it was. you know, still a good trade. So with those two trades, I was up about twenty nine hundred bucks and then we had my and D which I was watching and kind of not sure I really trusted I was considering it at 2:09 right here but I thought it was a little extended and then I decided to take a little scalp right here. at 225 it popped up to a high of 225 and then it dropped.
So I'm in at 223 224 I stopped out at 211 so a lot 643 on that one. So accuracy today not really that great. only actually 33 percent three trades in one winter, but when you have big winners then that's fine. It doesn't really matter and it still leaves me with accuracy of now eighty percent on the month.
so you know I'm okay with that and also exciting here today. As you can see, my main account is up at a hundred and thirty-five thousand dollars, growing quickly and my IRA is now up over twenty thousand dollars which is awesome. Twenty-five thousand dollars is the line in the sand I got to get above the PDT level. so I'm really hoping that I get there by the end of this month.
That would just be awesome. It's just it'll be really exciting when I cross that that line and then of course I have to stay above it because remember I cannot deposit more money into this account Roth IRA you can only put in fifty five hundred per year I put in fifty five hundred for 2017 and I already put in fifty five hundred for 2018. so I can't add more money to this account. It's not an option if I go into the hole I have to trade my way out of it and so yes, crossing twenty five thousand will be good, but I really need a little bit of a bigger cushion than that.
So I need to get myself up towards twenty Twenty eight. thirty thousand to really start to feel confident. But you know from a ten thousand eleven thousand dollar starting balance since this account has doubled this year and it'll just keep growing once. I get above 25k and I can actually day trade in it every single day I'll probably be trading in my IRA more than in my main account just because of the tax benefit.
but for right now I'm still using Lightspeed mostly. Alright, so that's about it for me yesterday. I accidentally uploaded the wrong recap so on. YouTube So I took that down and put up the correct one.
So sorry about that. For those of you that I know, look forward to watching those recaps. The correct one is up there now, but it was. It's just a copy of the broadcast to Facebook because the the file was had a problem so it's not as good quality as normally we would have. But we'll get this recap up here today and hopefully you guys will enjoy it. And if you have any questions any comments, feel free to leave them below and I'll come back through and answer them this afternoon. Alright so I hope you guys have a great afternoon. Really good day here of just you know.
Well pretty decent day of trading. Really just a great great week of trading and so far a great month of trading so a little slower today. You will have to be a little cautious tomorrow to see you know is it going to continue to be slow or will things pick back up? Alright so that's it for me. I Hope you guys have a great afternoon and I'll see you first thing tomorrow morning if you're still watching.
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How can average thousands of dollars in trade everyday if the P DT Pattern Day Trader rule limits day traders to 3 trades a every week?
Please Clarify I am interested
hello Ross its been six months of trading but failing to grasp proper techinics . have looked into some peoples strategies bought courses but all in vain i wonder if your strategies work would love to try them
haha i wish i can make this amount of money everyday 😀
Hey Ross, do you use hard stops or mental stops?
He talks like my doctor
A M A Z I N G – Still
Lol, ONLY £2000+!!!
No watch list today? Took a day off work to catchup on the vids and give myself some more time to study. Have saved up close to 3K GBP. Will start in a few more months, just trying to fit in as much learning as possible. Next step is to find a broker and learning the software, thinking of interactive trader. Maybe suretrader if they allow people from the uk. Good luck for the rest of the month Ross. Im sure you will smash it.
Gotta ask – What's the Marshall for?
Hang in there, day's will get better
You call it small day wage, I call it my monthly pay 😀
Ross How do you handle your regular account with tax? I think the highest bracket is at 39%, thats almost half your gains? Are there any tax tips you recommend ?
Hi Ross,
Why do you prefer to trade small price stocks over large CAP stocks? In my experience and many traders I know… the cheaper stocks under $20 has a lot of slipage and you usually end up buying stock a lot higher and when trying to get out you get a bad price
Thanks for taking the time to respond 🙂
Any timeline from Lightspeed about implementing margin on their IRA accounts? Looking to open an account ASAP.
how many years of trading did it take to get you to the point where you could trade for a living?
An account has to stay above $25,000 to avoid the pdt rule right? If you fall below in one day taking 4 trades do you get in trouble?
Great job, considering there's some red on that shirt.
ross, how much of your buying power do you utilize on a regular trading day? is it safe to go above 80% on a single stock trade?
Hi all i am nwe to start trading. Though i have been practicing trading for 1 year. I make and loose some bucks. Like your videos teaching good stufs.
I’ve had 5 Green Day’s in a row. 790 today 2450 yesterday. Im becoming more confident. Developing rules for myself to follow that when I do follow them I am consistent. I just need a bigger account so I can’t take bigger size but that will come with time and consistency. Great job Ross! Keeping up with you and watching these videos among pretty much all your other videos has got me where I’m at. Just a couple more months until I’m able to start the real courses and I can’t wait.
Hi Ross your first trade on RESN when you sold did you sell in pieces or all one order , if in pieces can you explain what the reason for piecing out on a trade that is not going your way . Also was it sold on the ask or bid thanks
Man that’s a horrible day def time to cut back
With all the money that you're making, you can get your hair done, nails done, everything did… 🙂
Theres gotta be a misplaced comma in there somewhere:)
I'm disappointed in you. Not even 5k. You should be ashamed. 🙂 lol Great trading as usual Ross!!! keep up the good work