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Day 40 of My New Small Account Day Trading Challenge | Recap by Ross Cameron transcript
Ross Cameron - Warrior Trading · @DaytradeWarrior
Published September 15, 20214:1610.2K 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
779
Runtime
4:16
Speaking pace
183wpm
Reading time
3min
183 words per minute, just over the 181 median of 349 measured videos. That distribution comes from the 349-video hook study.
Opening (first 30 seconds)
what's up everyone all right well today is day 40 in the small account challenge and i'm up 1300 bucks not bad but the big account became the one i focused on again today and i ended up making over 88 000 it was a huge day in the big account and it came at a sacrifice in the small account but you know what it's a green day and that's good i had a red day yesterday as you know so glad to have a green day and realistically if i
92 words, the words spoken in the first 30 seconds at 183 words per minute.
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Sentence shape
| Measure | This transcript |
|---|---|
| Sentences | 3 |
| Average words per sentence | 259.7 |
| Longest sentence | 419 words |
| Questions asked | 0 |
| Sentences containing a number | 3 |
Most used terms
- account17
- day15
- small12
- small account12
- big8
- today7
- trade7
- green6
- uh6
- big account5
- trading5
- um5
Filler phrases
20 in total: uh 6 · um 5 · like 4 · you know 3 · kind of 2.
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What this transcript is
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Transcript
what's up everyone all right well today is day 40 in the small account challenge and i'm up 1300 bucks not bad but the big account became the one i focused on again today and i ended up making over 88 000 it was a huge day in the big account and it came at a sacrifice in the small account but you know what it's a green day and that's good i had a red day yesterday as you know so glad to have a green day and realistically if i get five six seven more green days like today i'm gonna be right back up towards 28 30 000 which is the goal for this small account so um making progress slow and steady and really today the big day was in the big account you guys can check out that recap separately but as always when it comes to trading in the small account challenge you have to remember my results are not typical you shouldn't try to blindly follow me or anyone else trading is risky and most beginner traders lose money so you should trade the simulator before you put real money on the line really take it slow all right i hope you enjoy the recap for day 40 and i'll see you tomorrow for day 41.
[Music] all right so gonna do a recap here small account day 40 small account is up three 1 ninety two dollars and twenty four cents in gross profit made two hundred and ninety three dollars on indp and then switched my focus and started trading in my big account where i made ninety three thousand dollars so um well again as i've said trading in the small account comes as a sacrifice i don't mind doing that a little bit but uh today i put the small account on the back burner i made 1300 and then switched gears the trade that i made the 1300 on um this morning uh in the small account was uh pre-market and it was a break right here of 1217 as we squeezed up to a high of 1267. it was a good trade it was a pretty clean trade and it was fairly straightforward buying a break of this resistance level as we saw volume coming in so i took that trade on indp got green on it and i didn't go back in with a small account second trade in the small account was mos y this one there was some news out this morning i jumped in it and we ended up having a nice five minute setup right here as well which i also traded so i traded inside this candle as it started squeezing up on news and then i traded again on that candle right there hit a high of 1280 but then just sold off since uh the bell is since the 9 30 opening bell saw a little momentum there on the scanner on fcuv a stock that two weeks ago today gave us a pretty big move but um doesn't really feel like uh super safe right now kind of just catching a little bounce off the low i think a little fomo that some traders are having some fomo momo from the big move on indp sometimes you'll see that kind of go towards another stock but uh at this point it's getting too late in the day for me to think i want to take any more trades in the small account i'd rather just button up a 1300 green day on day 40 of the challenge and you know come back tomorrow and try to have another decent day i'm like 10 days away from hitting my goal if i could just have decent days like this not swinging for the fences and not trying to be super aggressive so if i took a trade on fcuv or even on indp as it was getting higher well that would have come at the sacrifice of my big account which i wasn't willing to do today but um it would probably just be too risky so i'm green i'm grateful for that and i'll be back tomorrow for day 40 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 [Applause] you
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