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29 thoughts on “Day 69 of the $583 challenge – red day recap -$7k”
  1. Avataaar/Circle Created with python_avatars @yemiyesufu5745 says:

    how were you able to catch two gap and go trades?

  2. Avataaar/Circle Created with python_avatars @fenkjones1172 says:

    I have changed my style now. Why? Everybody and their mother wants to be a scalper now. I can see it in the charts. It's getting harder. Until those new scalpers know what they are doing, I think we are going to keep experiencing these oddball swings. Basically, they will either learn or take themselves out of the market.

  3. Avataaar/Circle Created with python_avatars @JamesEdwardsMarche110880 says:

    Getting screwed on Day 69…oh the irony! (P.S. Not a hater, just couldn't pass on the opportunity to try and be witty!)

  4. Avataaar/Circle Created with python_avatars @Ickity says:

    Man I'd love to be part of the chatrooms you reference but the lowest price I see is $997/month for access. Is this the lowest price for the chatroom? Is there something I'm missing? I'm not trying to claim it's not worth it. Just can't afford it. Anything for entry-level folks to become more involved? Thanks! Love your videos by the way.

  5. Avataaar/Circle Created with python_avatars @TerryJulianShow says:

    Ross, I sent you an email. My audience needs your help. Get back to me.

  6. Avataaar/Circle Created with python_avatars @_juan_hundred says:

    Even doctors get sick!! This is the real thing, the frustration, the anxiety, the EGO! all that a trader has to Master, but even then it can happen every day. The way of the trader is to keep on going with confidence after days like this. Losing is part of the bussines if you do not understand this you should get a real job.

  7. Avataaar/Circle Created with python_avatars @jaypowelljr2714 says:

    Thanks again Ross, still top trader for me !!!

  8. Avataaar/Circle Created with python_avatars @johncorbett3454 says:

    im going through the frustrations now more than ever. Used Fantasy stock for the last 2 months and was profitable. Dropped $500 into a ST account and lost $300 in 3 days…. i appreciate you always keeping it real Ross.

  9. Avataaar/Circle Created with python_avatars @dusanroncevic5000 says:

    Everybody lost today since today was a big "payout day" for the market manipulators from Wall St. Every now and then they set trading algorithms in reverse – what normally works on other days that day doesn't, quite the opposite. They know people will get emotional and will likely return all the money they earned in previous days. Look at the oil stocks today – after a surprising drawdown which would normally cause 5% increase in prices, they dragged the prices 5% DOWN. It was crazy. Our task is to recognize these days as soon as possible (right after the first loss if possible) and most importantly – not get emotional and fall into trap of making up for the loss. Thank you for the video, it helped me recognize this pattern

  10. Avataaar/Circle Created with python_avatars @ScrapMetalJoe says:

    Ross – chin up you'll pull back. All good and appreciate you courage posting this. However, do you think keeping your $1000.00 stop circuit breaker with Sure Trader was a good thing now? because you changed recently I think wasn't a wise move but you need to try to see. Seems you are changing the goal posts a little with your strategy but of course hindsight is 20/20. In the end though, you are a great trader and keep on swinging.

  11. Avataaar/Circle Created with python_avatars @artistinthesky says:

    well, this shows reality. I will say that when we see the markets are in a general downtrend for the day (as it was today) it may be a better to short the highs rather than chase the highs, and the converse is probably true. Props to Ross Cameron for being the real thing.

  12. Avataaar/Circle Created with python_avatars @riquenosis74 says:

    Ross you really are a great trader and I thank ypu as always for your transparency. Like many others I've watched all of the $583 challenge… some multiple times. I realize that any of these red days could've been my 1st couple of trades in Suretrader. I will probably take the attitude for a little while is trade only the 1st hour. Because it seems your best days with the gap n go strategy is the first 30 minutes. As a returning trader I need to build confidence. Thank You.

  13. Avataaar/Circle Created with python_avatars @charlesbaxter4466 says:

    Ross you are so far ahead of the Game so why even Risk Blowing it?  Lesson; Keep to your Rules or you may Go down Big!

  14. Avataaar/Circle Created with python_avatars @Tungadunger says:

    Great class tonight Ross, too bad you had to have a max loss to get yourself in the mindset for helping us with our psychological game – you did that on purpose right? lol

  15. Avataaar/Circle Created with python_avatars @elborix7 says:

    Very educational like always

  16. Avataaar/Circle Created with python_avatars @brianreckart5992 says:

    Great video update and tons of things to learn, even for seasoned traders.

  17. Avataaar/Circle Created with python_avatars @fearlesslimitlesslife says:

    Ross, u need to stop holding and hoping. Sell when u down pass 25 cents. you gotta set an example for your students.

  18. Avataaar/Circle Created with python_avatars @stevenwilliams6001 says:

    I truly appreciate your honesty. I had a big loss today on  NOVN as well. What a turd day. lol Love the videos.

  19. Avataaar/Circle Created with python_avatars @Cyberfriend2 says:

    even thou you took an L you will bounce back, the other guys won't even post their bad days.

  20. Avataaar/Circle Created with python_avatars Hola! @wolfspiritdeck says:

    thank you Ross

  21. Avataaar/Circle Created with python_avatars @qasimmavani says:

    Isn't it difficult to take and manage 2 trades within first couple of mins and that too of such volatile stocks?

  22. Avataaar/Circle Created with python_avatars @REL513 says:

    Ross i think you are an amazing teacher and you inspire me. this might sound bad but I honestly couldn't wait to watch your recap – I learn so much from your red day recaps.
    you inspire me and thousands everyday and eventually you will change our lives!
    thanks for a great recap!

  23. Avataaar/Circle Created with python_avatars @stillsolidify says:

    lost 500 on the same green candle to make a new high.. I couldnt let go…what pisses me off is my scanner didnt show adpt when it was spiking up with millions of shares ..never popped up on my scanner till right before the halt n i hesitated by not buying it then

  24. Avataaar/Circle Created with python_avatars @chuzhinets1774 says:

    Ross, a few weeks ago you told us you will not just jump in a trade. Instead, you will always be looking for a pullback. I'm not trying to be hard on you, who am I to teach you? As a matter of fact, you're a real trader, an example for me to follow. Just don't break your own rules. Those opening trades are really a gambler's game lately.

  25. Avataaar/Circle Created with python_avatars @killahnan says:

    Ross is an OG! Love your work bro look forward to it , always an inspiration

  26. Avataaar/Circle Created with python_avatars @StephenSmith-uw2kt says:

    Ross!! I appreciate these recaps soo much .. I mean seeing a trader like you, that has developed to the point you have, while still sometimes getting in the emotions that we as less experienced traders  see a lot more often, really gives me some hope, because though you have had a day like today, you obviously are a incredible trader and you realize it, move on, and continue on to tomorrow.

  27. Avataaar/Circle Created with python_avatars @IGotTheHookup says:

    think u can show how to use the suretrader scanner?

  28. Avataaar/Circle Created with python_avatars @RM-kq5fr says:

    All good, we're all humans.

  29. Avataaar/Circle Created with python_avatars @micahchaney1904 says:

    I don't know if people watching this video realize how REAL and GENUINE this recap is. Having traded for 2 years and dealt with (and continue to deal with) these emotions, I can attest to how much of a psychological struggle trading can be. To me, this is where Ross and Warrior Trading really earns its reputation.

    If you get nothing else from listening to Ross…understand that technicals and technique are only part of the battle…winning the battle with your emotions is the big key to your success.

    Kudos Mr. Ross…this is your best video that I've seen. I really appreciate your honesty and resolve to recap on both green days and red days and bad red days. The finding a way around your fail-safes…I can relate to that. Godspeed to you tomorrow, my friend…thank you from the bottom of my heart.

    Thank you

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