Hey everyone, Ross here with another recap! Tuesday morning saw some wild action in the stock market. We witnessed MLGO go up over 700%, an incredible move. This is even bigger compared to GameStop’s 80% rise yesterday. While GameStop’s price jump was significant in dollar terms because it started at $27-$28 a share and went […]
Blog Posts
Day Trading During a Slow Holiday Week
Hey everyone, Ross Cameron here! We made it to the end of a short holiday week. It was a slow week of day trading, but I’m happy with how it finished. Let’s break it down in today’s recap. My Trading Week This week was slow, which isn’t surprising given it was a four-day week with […]
How I Became a Profitable Day Trader
Hey everyone, Ross here! Today, I’m going to share the journey of how I became a profitable day trader. You might have heard stories of traders making it big right off the bat. That wasn’t me. I faced failure over and over before finding success. Let me guide you through my journey and share three […]
Hunting for Gains in Penny Stocks
Hey everyone, Ross here! Today started like any other Thursday morning. I sat down, scans ready, and found myself staring at… nothing. With my usual filter set to a minimum price of 50 cents a share, the leading percentage gainer was a measly 16%. It was shocking. But switching over to my penny scans, I […]
How I Use the MACD Indicator In My Trading Strategies
Hey everyone, Ross Cameron here! In today’s post, I’m going to show you how to use the MACD indicator in your trading. This strategy will help you avoid false breakouts, focus on the front side of the move, and avoid overtrading when the price action gets messy. Whether you’re into stocks, Forex, Futures, or cryptocurrency, […]
Navigating Back-to-Back Losses in Day Trading
Hey everyone, Ross Cameron here! Today’s update is a dreaded red day recap. If you’ve been day trading for a while, you’ll probably know how it feels when red days start to cluster together. That’s been my reality lately, and it’s honestly frustrating. Here’s a detailed look at my last couple of trading days, the […]
Meme Stocks Surge Again
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 […]
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 […]