Hey everyone, Ross Cameron here! Today was another hard day for me in the world of day trading. Fresh off a tough session yesterday, today wasn’t much better. The morning started off rough, and I found myself battling to stay positive through a series of losses and gains. Let’s break it down from the start and see how everything unfolded.

Starting the Day with Back-to-Back Losses

Right off the bat, I started my day with two losing trades. 0% accuracy early on doesn’t feel great. Those first two trades put me down $500. Not huge losses, but it’s not ideal starting a day like that.

The third trade finally clicked, bumping my accuracy up to 33%, but I was only up $200. That’s not much progress. Then, bam! I took another trade that wiped me out for $2,000. Now I’m sitting in the red, down two grand. It’s moments like this where you’re fighting to stay calm. Thankfully, I kept at it, took another trade, and bounced back. Gained $2200 and now I’m barely back in the green.

Climbing Slowly Throughout the Morning

It was a grind, but I managed to inch up slowly. Little by little, I got myself to $1100 on the day, but it wasn’t a walk in the park. You might think, “Well, that’s a fantastic result,” but the up-and-down nature of trading messes with your confidence and emotions.

Every time you recover from being in the red, there’s a temptation to push harder. But, pushing harder too soon can throw you back into the same hole. This is where discipline and knowing when to stop really come into play.

The WHLR Trade and Feeling FOMO

Right now, as I’m writing this, I’ve got a stock, WHLR, staring at me that’s halted. It’s a stock that had been on my radar for over a week. Watching it squeeze and rise really brought out the familiar tug of FOMO (fear of missing out).

I didn’t have a cushion earlier, and taking big risks didn’t seem like a wise idea. I took a couple of trades on WHLR, but with small size because the timing wasn’t great. The stock had big spreads, low float, and required precision that could have easily gone south had I decided to load up with big share sizes. In fact, looking at how it moved, there’s a good chance jumping in too aggressively would’ve landed me in hot water.

FOMO can get you in trouble fast in trading. The second you start thinking about missed opportunities more than the gains you’ve already made, you’re at risk. There’s no benefit in imagining how much I could’ve made if I’d gone bigger on WHLR. That’s where risky, impulsive moves come in, and that’s how you lose it all. So, I reminded myself to be grateful for what I already earned and not let FOMO take control.

Managing Risk and Sticking to Discipline

In day trading, it’s all about risk management. WHLR was tempting, especially after watching it rip up by over 100%. When you see something like that, the easy response is, “I should’ve taken more shares; I’d be up even more now.” But I know deep down that’s the kind of thought process that can lead to disaster.

Taking big size into a volatile stock that’s prone to 20, 30, or 40-cent drops in a minute is dangerous. You can easily find yourself down thousands of dollars in seconds. As much fun as it is imagining $6,000 wins, the reality of a $6,000 loss hurts a lot worse. Today, I’m thankful I kept to smaller trades. I made $649 from my WHLR trades, and that’s perfectly fine for how risky it was.

You’ll often hear me talk about risk-versus-reward. Sure, I took four winning trades on WHLR today, but the risk-to-reward ratio wasn’t really in my favor. Even though every trade was green, the potential losses could have been much higher than my gains. That’s how you need to approach day trading. Stay aware of how risky a trade is in relation to how much you stand to gain.

Early Trades and Mistakes

Let’s roll back to the start of the day. DUO was my first trade, and it hit me hard. My first two trades on DUO ended in losses, putting me down $500 right off the bat—definitely not the start I was hoping for. This is where discipline and focus really matter. After those two losses, it was time to get careful and selective over my next moves.

NCI was up next, and thankfully, this one worked for me. I pulled in about $750 on this trade, finally putting me back in the green with $250. Coming off a rough beginning, even getting back to neutral is a relief. But I knew the day was far from over, and I still had to stay sharp.

Next, I found myself on API, and the headache continued. It’s a higher float stock, which I typically avoid because they tend to move slower and aren’t as clean. But I jumped in anyway and took a $2,000 loss. I wasn’t following my usual rules. That mistake hurt, but I learned from it and backed off from taking less-than-ideal setups after that.

Learning and Growing from Day Trading Mistakes

Every day in the market is about learning. Today, I learned more about trading discipline and patience. I made mistakes, but I managed to recognize them early and course-correct, which is important if you want to survive in this chaotic world.

The last couple of days have been choppy, and I haven’t hit my daily goals. But, instead of getting stuck in frustration, I’m reminding myself to be grateful. I’m still in the green, and that’s more than a lot of people can say. Whether you’re up $1,000 or $100, the importance is in maintaining discipline and staying grounded.

Day trading requires caution, especially when emotions rise. The market shifts fast, especially when you’re in stocks with large spreads and low liquidity. Making a quick buck sounds appealing, but in reality, jumping in at the wrong time can leave you staring at big losses.

Reflecting and Looking Ahead

One thing I want to always remind myself and others who are passionate about day trading is to appreciate the gains you’ve made. Don’t get lost in what could have been. Sure, not every day will be your best, and there will always be trades you missed or didn’t capitalize on fully, but getting caught up in that mindset is dangerous.

The market will always give you more opportunities, better days, and cleaner setups. There’s no need to chase every single stock just because it jumped. Timing, patience, and strategy are what keep you in this game for the long haul.

Heading into tomorrow, I’m going to focus on high-quality setups, minimize risk, and keep an even head. Let’s see what the market throws at us next, and we’ll be ready for it by remembering what we’ve learned from days like today.

Final Thoughts

As October gets rolling, I’m starting the month with two green days, though neither were great. My goal for the month is to build a cushion and avoid any giant losses. Trading is as much about mindset as it is about skill. Feelings of frustration or FOMO can be overwhelming, but that’s exactly when you have to control your emotions.

If you’re just starting out, remember this: Slow and steady always beats rushing into bad trades. Practice in a simulator if you’re new and avoid chasing after prices. Trading might be tough today, but tomorrow is another opportunity. Stay patient, stay disciplined, and stay focused.

Thanks for reading, and see you all in the markets bright and early.

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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.