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Day 18 of My New Small Account Challenge | Recap by Ross Cameron transcript
Ross Cameron - Warrior Trading · @DaytradeWarrior
Published August 6, 20214:1313.2K views
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occurred there it is so this is actually in solid but you could have it either either in a solid line or a dotted line whichever one you prefer so this is factoring in the amount of volume that occurs at price and the volume weight moving average um volume weight average
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entries is to find the first pullback so in this case this is a five minute pullback right here we have a five minute pullback and this is a pullback that is right at the volume weighted average price which is our dotted line and it's right at the nine moving average which is this grade
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that have the highest probability of success so let's watch what happens right here macd is against the trade right here so no nothing in here you should be trading no trade no trade no trade and then right here we can get back in now I'm going to do some something kind of cool and I'm going to
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Transcript analysisComputed from the caption text
Words
794
Runtime
4:13
Speaking pace
188wpm
Reading time
3min
188 words per minute, between the 181 median and the 201 75th percentile of 349 measured videos. That distribution comes from the 349-video hook study.
Opening (first 30 seconds)
[Music] what's up everyone all right well today is day 18 of the small account challenge and a small green day one trade that's it in fact i wish i had uh just done one creating my big account because it's a red day in the big account but uh small account challenge 138.97 so making progress slow and steady come on in girl so i'll be back at it day 19. uh you know but right now we're in definitely slow august uh trading this is very typical and one of the reasons
94 words, the words spoken in the first 30 seconds at 188 words per minute.
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Sentence shape
| Measure | This transcript |
|---|---|
| Sentences | 6 |
| Average words per sentence | 132.3 |
| Longest sentence | 296 words |
| Questions asked | 0 |
| Sentences containing a number | 5 |
Most used terms
- account16
- day14
- uh12
- small10
- small account8
- challenge7
- market7
- slow7
- account challenge6
- green6
- trade6
- big5
Filler phrases
28 in total: uh 12 · you know 7 · um 4 · kind of 3 · actually 1 · like 1.
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What this transcript is
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Transcript
[Music] what's up everyone all right well today is day 18 of the small account challenge and a small green day one trade that's it in fact i wish i had uh just done one creating my big account because it's a red day in the big account but uh small account challenge 138.97 so making progress slow and steady come on in girl so i'll be back at it day 19. uh you know but right now we're in definitely slow august uh trading this is very typical and one of the reasons i did the small account challenge uh here in uh the summer was because i knew it's a slow period for my big account so i was like that's kind of an okay time to put the big account a little bit on the side and focus on a small cam challenge when the market starts to heat back up which is typically in the fall that's when i'm not going to want to focus as much on the small account i really want to focus on the large account when the market's hot and really try to capitalize on that opportunity you know we have windows of opportunity in the market there's ebb and flow and when you have a window you really want to capitalize on it as much as possible because those profits will have to tide you over during the inevitable slow periods in the market so anyways um it's a little slow in the market but got one trade 138.97 and uh it's a good good day green day for day 18. so i hope you enjoy the recap as always in case you didn't already know trading is risky most beginner traders lose money i'm writing my big account today you can check out that recap separately if you want but you know easy come easy go but my results are not typical you should assume as a beginner you'll lose money and with that assumption in mind trading a simulator before you put real money on the line do yourself that favor i hope you enjoyed the recap hit the thumbs up and i'll see you for day 19.
[Music] what's up everyone all right well today is day 18 of the small account challenge and i finished the day up 138 bucks 98 97 cents um cyto had breaking news at 9 00 a.m see the headline right there so news broke on this and i jumped in it at uh 3 38 looking to ride the momentum popped up to 350 360 wasn't able to hold that level which was kind of disappointing but i ended up getting out at 351 average so 338 to 351 approximately uh 138.97 so that's good but uh hey you know it's one trade green trade we are definitely in slow summer august trading there's not a lot of momentum right now we're not seeing a lot of parabolic you know moves we saw a little bit on robin hood a little bit on bysi but those are both higher priced so you know that's part of the deal uh august is not the best time of year to start a small account challenge and i knew that which well i started in july but i knew july and august wasn't the best time of the year but i thought that made it actually for me a good time to do the small account challenge because um it's i'm taking focus away from my large account to trade the small account and i wouldn't really want to do that during a super hot time in the market so during it during doing it during the cold time the market works for me and you know if you can be green during the cold stretches then that bodes well for when things pick back up so i'm making progress the account balance this morning started at 7 500. versus my initial starting balance of 4 300 so progress is being made slow and steady and i will um keep it up so anyways that's about it for me uh kind of a short recap here for day 18 but got green staying green and i'll live to trade another day so i'll see you guys back at it for day 19. 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
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