Hey everyone, Ross Cameron here! Today was a much-needed win, especially after last week’s rough ride. If you’ve been following along, you know things got pretty choppy, and last Thursday was a disaster for me. I was up $5,000 by the afternoon, feeling good, and then…I got greedy. I came back for power hour, and in just five trades, I not only gave back that $5k but ended the day down $7,500. Talk about spiraling out of control.
Fast forward to today, and things are looking much better. I finished the morning up $7,517—a welcome change. I traded three different stocks: KTTA, SPAI, and TBIO, and I’m green on all three, which is a good feeling. I’m especially proud of locking in those gains after reflecting on last week’s mistakes and adjusting my strategy.
Back to Basics: What Changed in My Strategy
Last week could’ve been much better, but the truth is, I didn’t adjust my strategy enough. I felt like I was pushing my limits—trading setups I wasn’t super comfortable with and doing it at dicey times of the day, like after hours. After last Thursday’s loss, I took some time over the weekend to set tighter guardrails for the week ahead.
Instead of playing around in risky waters, I decided to stick to trading during my prime time and focus on setups I know like the back of my hand. The results speak for themselves. Sometimes, the best move you can make is to step back and keep it simple. Narrowing down my approach actually brought the profits back, and I wasn’t chasing trades at random times.
TBIO: A Small Win, But A Good Lesson
My first trade of the day was on TBIO, though it wasn’t the biggest winner—just a $25 gain. TBIO had some hype going into it after hours with news that pushed it up over 100%, climbing from $2.40 to $5+. And honestly, this is exactly the kind of stuff that gets me in trouble. Last week, I was having some serious FOMO (fear of missing out). I was jumping in on these after-hours spikes, buying right into extensions, only to get stopped out multiple times.
Today, though? I stayed disciplined. TBIO was up against some resistance, with a double top right around $5.80. Instead of chasing it, I got in during a dip and cashed out quickly. This is an example of how emotions can sneak in—last week I was thinking, “I’m missing out!” but today, I traded with a mindset of “I’ll take what I can get and walk away.” Given TBIO is heading off the NASDAQ and onto the OTC market soon, I knew it wasn’t a stock I could trust for long-term moves.
KTTA: The Big Mover of the Day
KTTA was by far my biggest winner, netting me about $5,700. This one had a lot of life, jumping up 89% overall. The initial spike took it from $4.60 to $6.80, but it couldn’t hold that level, making me think it might be a dud. But then it curled back up, and I saw my shot. I jumped in at $5.50 as it passed the half-dollar mark and quickly moved towards $6.
What made KTTA tricky—and interesting—was that it was “easy to borrow.” This means anyone could short the stock without any extra fees. When stocks are easy to borrow, a lot of people jump on the short side. That had me a bit nervous but didn’t stop me from squeezing out profitable trades.
As KTTA moved higher, I felt more confident and took larger positions, which is how I scaled my gains. By the time it hit $6.44, I was sitting on about $5,700 profit. Eventually, it hit some big red candles (what I call jack-knife moments), pulling back sharply at the market open. That’s when I knew it was time to ease up and not get caught trying to grab crumbs from a dead move.
SPAI: Timing is Everything
SPAI was another solid trade that earned me $1,700. It had a similar pattern to KTTA—initial spike, sell-off, and then a curl back up. I almost didn’t jump in on this one because the spreads were pretty wide, but when I saw that little breakout as it passed $3.40, I knew there was room to make a move. I got in at $3.50 and added more shares as it shot to $3.97, locking in the gains before the price action got too choppy.
What was tough about SPAI was the big swings. It went all the way up to $4.18 but then came crashing down just as fast. Luckily, I got out before the big drop, but it serves as a reminder that timing can make or break your day in trading. Once those high-volume red candles show up, it’s time to call it.
Wrapping Up the Week
With a solid $7,517 today, that puts my total up over $27,000 for the week—my best week of the month. And here’s the kicker: I don’t even have to trade tomorrow. I could take the day off and be good, but you know me, I’ll still be there, hoping for another opportunity. But, if I’m being honest, Fridays are usually slower in terms of breaking news, so I’m not expecting as many massive moves.
Last week’s losses forced me to adjust my approach, and while I’m still missing out on some trades I would’ve taken before, I’d rather be a little more conservative with my profits. Being on defense after a bad loss really helps minimize emotional trading, which, for me, is where things go wrong.
Build Confidence Slowly
Losses don’t just cost you money—they can also rob you of confidence. And when you lose confidence, you start second-guessing every decision. You hesitate on trades you’d normally take, and you can easily miss out on opportunities. That’s why, when you’re in a slump, it’s so important to tighten things up, trade less, and rebuild that trust in yourself.
For new traders, my biggest advice is to practice without real money at first. If you’re constantly worried about losing, you’re trading scared, and scared traders don’t make good trades. Use a simulator so you can focus on learning how to make decisions without the weight of potential losses holding you back. And when you do start trading with real money, start small—like, really small—and build your track record.
The best traders don’t rush it. You build confidence by consistently making small, smart trades. Over time, you’ll start to see patterns in your own performance. You’ll know where you’re strong and where you need to improve. As those results come in, slowly increase your share size. The goal isn’t just to win a few big trades, but to develop a system that works over the long haul.
Tools and Resources For Success
If you’re serious about day trading and want to see what my setup looks like in real-time, consider checking out my 2-week trial. You’ll be able to watch me live, see the trading scanner I rely on, use the charts, and follow along. You’ll even get access to a few classes to help you get started.
Trading is all about having the right tools and mindset. Having a news feed at your fingertips and being able to see what other traders are doing can make a huge difference in your decision-making. It’s easy to feel isolated when you’re starting out, but a trading community can help give you a sense of belonging and shared purpose.
Final Thoughts
Today was a great reminder that it’s possible to come back strong after a losing streak, but only if you take the right steps. Trading is risky. Nothing is guaranteed, but with discipline and a focus on building your confidence over time, you can minimize those risks and stay in the game for the long run.
I’ll be live streaming again tomorrow for Warrior Trading members, and we’ll see if I can catch on to some more good momentum. Remember, always manage your risk, take it slow, and happy trading!
Stay Connected
Warrior Trading was founded by Ross Cameron in 2012 and is now a thriving community of thousands of traders. You can learn more about joining the Warrior Trading community here
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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.
