Hey everyone, Ross here! Today was a huge day in the market, with meme stocks like GameStop (GME) and AMC Entertainment (AMC) back in the spotlight. These stocks are hot right now, but they tend to get choppy and crowded as the move progresses, making it easy to overtrade and lose profits. With that in […]
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GameStop Frenzy Reignites
Hey everyone, Ross here! The stock market brings surprises every day, and today’s surge in GameStop (GME) was one of those jaw-dropping moments. Early this morning, GME shot up by 69% before peaking at over a 100% gain. Seeing this unfold brought back memories of the 2021 short squeeze. But what’s driving this sudden spike, […]
Reflecting on my Trading Day
Hey everyone, Ross here! Today was a significant shift in my trading week, marking a welcome Green Day, my first for the week, and what a relief it was! Unlike the challenging trading sessions of Monday and Tuesday, Wednesday brought a refreshing change, allowing me to not only meet but exceed my daily goal by […]
Mastering Candlestick Charts
Hey everyone, Ross here! Navigating the markets as a day trader can sometimes feel like deciphering an ancient language, especially when it comes to understanding candlestick charts. These charts are a universal language of the financial markets, applicable whether you’re trading forex, cryptocurrencies, futures, or stocks. They offer subtle buy and sell signals that are […]
A Tough Day’s Recap
Hey everyone, Ross here! This week, I had one of those challenging days in the markets that truly puts your trading skills and emotional resilience to the test. It wasn’t just any difficult day; it marked one of my maximum loss days, the first in nearly two months. After a smooth streak of successful trades, […]
How I Managed a Massive Gain with SGBX
Hey everyone, Ross Cameron here, and wow, what a phenomenal day for trading! Today, I aimed to surpass my daily goal of $5,000, and I am thrilled to say I achieved that and more. The star of today’s session was SGBX, a stock that soared over 150% due to breaking news, which turned out to […]
A Detailed Breakdown of My Trades and Strategies
Hey everyone, Ross here! Today, the first day of May, marks the beginning of a new trading month, and I kicked it off by starting nicely in the green. Securing a successful first trade right out of the gate is always a great confidence boost, and I’m definitely pleased with today’s performance. Let’s dive into […]
Recapping April’s Strong Close
Hey everyone, Ross Cameron here! As we wrap up the month of April, today was a refreshing return to form with a successful trading day that not only helped me recoup yesterday’s losses but also added a nice splash of green to my monthly tally. Let’s dive into the intricacies of today’s market, examine my […]
Unlocking Tax Efficiency in Day Trading
Hello everyone, Ross Cameron here! As a day trader, I’ve realized that trading isn’t just about spotting the best stocks or mastering entries and exits. There’s a significant financial aspect often overlooked: tax efficiency. Most traders might not be aware, but choosing the right business structure and accounting strategy can save you a lot of […]
Seizing Day Trading Opportunities
Hey everyone, Ross here! As a day trader, capturing a noteworthy stock movement can make or break your week. Recently, I had an engaging experience with a stock, BDRX, which skyrocketed over 35% in a single day. This remarkable surge not only highlighted my week but also stood out as a compelling case study worth […]