Trading is risky, and most day traders lose money. Ross's results are not typical. All information provided is for educational purposes and is not investment advice or buy/sell recommendations. Read our full disclaimer.

Warrior Trading Blog

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 the Memorial Day holiday on Monday. During holiday weeks, the big money players often take longer breaks, reducing liquidity and volume in the market. It’s those of us day trading every single day who feel the impact due to less volatility and liquidity, making it harder to make money. Here’s how my week went:

  • Monday: Holiday, markets closed.
  • Tuesday: No trades. This was my first no-trade day of the month, which was frustrating but also a sign of the market’s slowness.
  • Wednesday: +1759.99
  • Thursday: +1694.13
  • Friday: +$1,457.57.

Averaging around $1,500 a day, I made about $4,500 this week. Not a home run, but a solid contribution to the month’s earnings. For May, my gross profit before fees and commissions is around $40,000. It’s not my biggest month but a decent one, and I can’t complain.

Friday’s Trading Highlights

When I sat down this morning, the first thing I noticed was LPA, which had crazy halts and no liquidity. The spread was insane—$387 on the bid and $473 on the offer. It was too risky to trade, so I stayed away.

By 9:00 a.m., SMMT squeezed from $8 up to $10. I observed a micro pullback and got in at the top of the move. It hit $10 and then pulled back. I ended up only $128 net on this trade. It didn’t give any more setups, so I moved on.

NVOS was the leading gapper this morning. I got in as it broke over $1 but stopped out for a $50 loss. I tried again during a red to green move, but it didn’t work out. I ended up down $227 on it.

NNE hit the scans and started squeezing at the open. I got in for a scalp trade, hit my profit targets, and then it reversed. It ended up selling off, and I was glad I took my profit.

Market Observations

Overall, the market is pulling back a bit. This week, the slow day trading environment was evident, especially on Friday. The overall market is always moving, and this week was no exception. While we are in a bull market, it doesn’t always translate to exceptional trading days. For example, in March, it was tough despite an upward trend. April was much better, while May turned out to be decent but not exceptional.

Today wasn’t very active. There were some stocks moving like BNVA and SWI, but nothing really caught a bid. By the end of the day, I decided not to push my luck with risky trades. We usually don’t get great headlines on Fridays, especially at the end of a holiday week.

Conclusion

Today was one of those days where if you weren’t quick, there wasn’t much to get. I’m planning to enjoy the rest of my day outside. I’ll be back on Monday morning, live streaming for Warrior Pro members. For those of you who haven’t checked out a two-week trial at Warrior Trading for $20, you can sign up here.

As always, day trading is risky. My results aren’t typical, so manage your risk and take it slow. Have a great weekend, and I’ll see you back here on Monday.

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Warrior Trading was founded by Ross Cameron in 2012. Today Warrior Trading is a thriving community of thousands of day traders learning to trade under the curriculum designed by Ross.

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Disclaimer: The results shared are based on my personal trading experiences and are not typical. Trading involves significant risk, and past performance is not indicative of future results. Always practice in a simulator before trading with real money.