The 7 Dos and Don’ts of Trading in a Small Account

Curious about my trades❓❓ If you have questions πŸ€·β€β™‚οΈπŸ‘¨β€πŸ’»πŸ˜‰β“β“ ask them below!Β  I respond to every question posted on my channel.

1. Don’t swing for home runs or put it all on out of the money option contracts or penny stocks that are essentially lottery ticket gambles with 95% chance of being worthless

2. Do take base hit winners 5-10% wins

3. Don’t change a profitable strategy to accommodate brokerage fees/commissions

4. Do prove profitability in SIM mode before going live

5. Don’t use leverage or margin if you don’t understand how it works

6. Do fund the account with a cushion to cover losses on the first few days

7. Don’t expect to get rich quick or generate any significant income. Do it for the enjoyment of gaining financial literacy and learning the skills of a trader

You’re 7 Steps away from Learning About Day Trading

1. Your first big step to learning how to day trade πŸ—“ ⏰ is to register for my next FREE Day Trading Webinar πŸŽ₯ πŸ“Ί πŸ‘¨β€πŸ«When you register, you’ll get a free digital copy of the best-selling book (best-seller on Amazon) titled "How to Day Trade" by me, Ross Cameron! πŸ“š – https://www.warriortrading.com/free-day-trading-class/

2.Β Frustrated by the PDT rule? ❌🚫 I know I am! Check out this link to read about how Day Traders with Less than $25k can trade πŸ†πŸ₯‡ – https://www.warriortrading.com/how-to-day-trade-without-25k/

3. Don’t understand the lingo? πŸˆ΅πŸ’±πŸˆ³πŸˆ―οΈ Learn the most important day trading terms & definitions on this page here – https://www.warriortrading.com/day-trading-terminology/

4. I started with less than $1000 and turned it into over $1mil πŸ’΅ πŸ’° in trading profits πŸ‘€ – https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/ Remember, my results are NOT typical. Day trading is very difficult.

5. Okay, so I make money…But here’s the big question, do any of my students make money?Β  Check out this student success story about John’s path to making over $500k πŸ’°πŸ’΅ since he learned to trade my momentum day trading strategies. John’s results are NOT typical and are not intended to be a representation, warranty, or guarantee that simliar results will be obtained by you – https://www.warriortrading.com/success-stories-john/

6. Are you ready to take the LEAP? πŸ€Ύβ€β™‚οΈπŸ€Έβ€β™‚οΈΒ  You can watch me trading every morning in our day trading chat room. πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’»πŸ–₯ – https://www.warriortrading.com/day-trading-chat-room/

7. How many monitors is too many monitors?Β  Check out this video here on setting up your first day trading station πŸŽ™πŸŽ›βŒ¨οΈπŸ•ΉπŸ–₯πŸ–₯πŸ–₯πŸ“  – https://www.youtube.com/watch?v=1VPQURM9C3g

Disclaimer: https://www.warriortrading.com/disclaimer

#daytrading #warriortrading #rosscameron #stocks #learntotrade

Warrior Trading // Ross Cameron // Day Trade Warrior

More from: Warrior Trading

More Stock News

Latest Market News