Day 2 😡 RED DAY RECAP 📉 😥 Small Account Challenge Ep 8

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. 

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#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior

[cjraza]

i bought your course and it have turned my life around

[homerepairguy]

This small account challenge will cut the NAY out of the naysayers out there, they will see how real you are. Thanks again for starting over for us newbies and others!

[matthewdembinski]

I’m doing my small account challenge along with you Ross. You are huge inspiration for me and where I want to get someday. I’ve been paper trading and studying hard for the last 6 months. Went live on Monday (2 Green Day’s and 0 red) up +$46.. Really focusing on A++! Love your videos! Keep it up Ross! 😎

[vahnwinkle]

I really like how transparent you are! Additionally, I really appreciate the small account challenge you are currently pursuing. Your approach to this particular training tactic shows that anyone can do it, even with limited capital. I think most day traders fail because they lack confidence in their abilities. With your humble advice and continued support to the average or small account day traders, people will continue to build that missing confidence they lack and will hopefully be successful someday. Thanks

[hoosierhikes]

I completed warrior pro a year ago and thanks to the commission wars I’ve been able to be 100% live for two months now. I’ve managed to stay green during this time and am thankful for what I learned from you. There is still a long road ahead because, let’s face it, it can typically take a couple of years or more before you really take off. And it’s not because someone doesn’t know how to trade, it’s always because of the choices THEY make before during and after. Watching you work at a level similar to the average joe is very valuable. It adds perspective. I like how you detail the process and not just the trades. So much of risk management doesn’t happen in the middle of a trade. Thanks Ross.

[holden]

I was the one who asked you about changing your entry/exit strategy, and I think I agree with you about operating the same way whether your account is small or large. Your strategy and your method is proven successful so why alter it? Today was an excellent lesson in discipline for the Warrior clan.

[jamespagnam]

Ross don't change anything. Your strategy is a proven commodity. You are the best!!

[Mark-zkmv]

Dont change anything. Your showing us exactly what we will need to deal with in the beginning of our own small account challenge. Its already making me be mindful of the button clicks and if its a viable stocks to jump in on. Great stuff Ross. Thanks, Future pro student :)

[Quinton]

I love how you lost money this early in the small account challenge. Not so much that you lost, but the transparency is more evident this time around and it teaches how to minimize loss in such a small account. Last challenge seemed like a get rich quick scheme with how fast you reached your goal and how many home runners there were then, lol.

[davidburrowsyt]

Hi Ross. Brilliant updates as always. $75 up is about 15% of bank. With a $100, 000 bank that’s a win of $15, 000 in a day. It’s hard to think that you might have chanced that 3rd trade to risk that 15% uplift.

What you need to know though is that as an non trader and as someone who watches from the sidelines it’s hard to know what my mindset might be in that moment.

Keep up the good work and I know I speak for all of us when I say we appreciate these updates.

[ghostpeppered]

7:50 "You couldn't afford the risk on the trade, so you didn't take it. You can't beat yourself up when you see it run without you. If you had taken it and lost, you would have been upset with yourself. So, I followed the rules, and this is one of those times where breaking the rules would have rewarded you." Good discipline.

[Culurgione]

Good, keep small losses. They will always happen but it is important to learn how to lose.

[logancarlton]

Watching your videos (I watched out of order now wacthen the challenge in order) has made me make the decision to be a trader. All I have to do now is save some money, learn, open an account, maybe do a YouTube to track and show results, and change my life.

[genktz]

Ross i recommend only taking A quality but taking full share size in and once in and once save commission....

[guttarat]

Do you have a way to prioritize which stocks you’re looking at any given time? For example, you’re watching a stock that looks like it’s about to make a 5 minute setup, and then something else pops up on the momo scanner that also looks like it could be a good play. Will you continue focusing on the potential 5 minute set up until it confirms or breaks down? Or would you split your attention between the 2?

[danielallmon]

Have you considered doing a video on taxes related to day trading? I'm transitioning to full time day trading after a couple years of swing trading, and engaged an accountant to discuss the advantages and disadvantages of filing as a self-employed day trader. Maybe you or someone else will have some advice I haven't already heard. The IRS seems to take some of the fun out of the day trading game.

[zachstandley]

The only thing I'd change about your strategy with an account this small is to ramp up your trade selection criteria by a factor or two. For stocks, I suppose this means respecting context more.

[Marmullak_es]

2 weeks and i am up 380 $ since the challenge strated 🤙 880 $ in total. Lets go Ross 💪

[jamesd]

In the chat room, I concentrate on every Audio and Text, Plus Level 2, T&S, 1 min Chart, applying every bit of your strategy learnt from your real time case studies. I do not see any of them should be changed because of commission

[AlexWinkler]

I can tell you've been working with devs when you said "you don't really want to make a change in production until.." haha always good fun to watch your recaps