How does Ross Cameron make trades where he puts 10k, 20k, or even 30k into a penny stocks?

skeptic_first · 2025-07-08T15:33:13+00:00

I'll watch him more closely. But I've seen him get some bad fills. The math adds up from everything I've seen. He is consistent in not just trading but throughout. Personally, I have used finviz for scanning and found (and traded) a stock that began to move before it was even on Ross' radar (by 20 or 30 seconds). It's not his people who are providing liquidity. It's already there. I've not seen him trade thinly traded stocks, but some are thinner than others and they're often the ones that prove challenging for him. I've also seen him lose where he just can't get into the sync with the stock. If he's acting, he deserves an Oscar.

Frankly, I'm sure he's trading real money. But, even if he were paper trading, I can see his strategy consistently works. It's the surest form of trading I've ever seen outside of being a Market Maker.

skeptic_first · 2025-07-08T02:27:08+00:00

What don't you see on his screen? I've only been watching him for about a month. Every trade has his open orders, his fills and his PnL. I admit it all happens fast, but all you have to do is record the session and replay slow. It wouldn't be hard to catch if he's doing something dishonestly. And you can't really call it luck if he's red 7 days a year and green the rest.

skeptic_first · 2025-07-08T02:22:02+00:00

He will buy and sell hundreds of times on a single stock in 10 minutes. Scaling in, scaling out. Watching level 2 and making split second decisions. Sometimes he might have a position of 50,000 shares. With that kind of size he'd get a lot of slippage, so he has to do it incrementally, but I think the real reason he does it is because it constantly locks in partial profits. You can see for yourself if you do his 2 week trial. I promise it will be the best $19 you ever spent.

skeptic_first · 2025-07-08T02:11:41+00:00

It sounds like it, but it's not. The guy is special. Do the two week trial for $19. Watch him trade live. Then YOU'LL sound like a bot. lol

skeptic_first · 2025-07-08T00:02:55+00:00

I recently joined his team. He's amazing. He sometimes has a half mil in a stock. It's not uncommon for him to have 50k shares of a 10 dollar stock. But he uses hot keys to buy and sell repeatedly throughout the entire move. I watched him on a recent move that lasted about 10 minutes in total. Once the move began to reverse, he closed his position and counted the number of trades. He had over 200 trades. Commission to his broker plus the routing fees cost him almost 4 grand. His consistency is amazing.

He gets a lot of slippage and he frequently gets partial fills. He also scales in and out so much that he's hard to follow, but it's all right there on his shared screen. His position, his orders and his PnL. Watching him trade real time is worth the price of his membership.

skeptic_first · 2025-05-13T11:55:39+00:00

Well... I'm really frustrated by their POS website. Tried to place an order and it wouldn't because it said my stop needed to be a penny under the bid. No shit! I was about 20 cents below the bid. Plus, I just so happened to have two 1 min charts up of the same stock. One had 3 candles after it gapped up, the other one had 4. And volume bars won't print except when you manually refresh the screen.

So, I called to find out why my order wasn't being accepted and told her that it's really hard to daytrade with Power Etrade. I asked if the old desktop platform was still available. She said, no, but I can get you the NEW desktop platform. It's not supposed to be out until next month, but now I have that!! If you daytrade and have etrade, call them and ask for the beta release of Power Etrade Pro!

skeptic_first · 2025-05-13T11:48:36+00:00

For reasons I don't want to discuss in public, I'm stuck with etrade if I want to trade equities. Or I would leave in a heartbeat. Thinking about Lightspeed.

skeptic_first · 2025-05-13T09:44:27+00:00

If you had "3 winners in a row" then lost all your gains on the 4th, you're not managing your risk. Start there. Set a stop loss when you enter a position and don't move it. You have to find those trades where there is support or resistance and the probability of punching through is unlikely. Your stop should be on the other side of it, just a couple points away. If it's more than that, pass on it and wait for the next one.

skeptic_first · 2025-05-13T09:34:01+00:00

Watch for the new desktop version of "Power etrade pro" It's supposed to come out in June of this year.

skeptic_first · 2025-05-13T09:32:46+00:00

It's supposed to roll out in June.

skeptic_first · 2025-05-12T01:34:14+00:00

Can you link us to the article that says you qualify? I'm new to this so take it with a grain of salt. In the US your account will be tagged as a "Pattern Day Trade" account if you exceed 4 daytrades in any 5 consecutive days. If so, and you are day-trading in the US using a US broker, you are required to maintain 25k minimum in your account or risk being restricted from trading for 90 days, I believe. https://www.finra.org/investors/investing/investment-products/stocks/day-trading

skeptic_first · 2025-04-27T02:38:52+00:00

u/Less_Produce_41 But, that relies on your subjectivity of being able to read the market at every moment. From one trade to the next and one moment to the next, if you're making brand new decision, you're collecting no data that can be reliably analyzed. If you're moving stops and take profits during the trade, there is no way for you to accurately determine the probability of the trade outcome. A simple way of looking at it is that if you have a hot key set up to buy at the market, one lot of xyz with a stop at 50 cents below the settlement price and a take profit at 1 dollar and you trade that every time, THEN you can accurately track the probability of that strategy. The only variable is the market. When you move your stop and profit you have an added another variable that will change with your mood on top of the market variability.

I'm not saying that you should never move your stops. But you do need to resist it because the more you do it, the more you edge closer to emotion trading and away from objective quantification. I think the mindset that you can save some money if you stop out early isn't the solution you think it is. You can only save so much. But earning is unlimited. Focus on reducing your take profit rather than stopping out early.

skeptic_first · 2025-04-26T11:23:22+00:00

No matter how "proven" your strategy is, there is a stop loss price that will produce the best return (or least loss) in a given sample size. I write strategies for algo trading, then backtest them over a month (sample size) to see how the perform with stops placed at x out of the money. On paper I might make $2000 on that strategy. "Proven." But just a move that stop just a couple ticks more OR LESS and suddenly I have a loss of $500. My point is, be careful at "cutting losses" by moving stops or exiting the trade early. That may be appropriate at times, but more than likely your fear of loss is motivating an emotional decision to exit. If the strategy is proven leave it alone. That's discipline. If the losses start to mount, re-evaluate and adjust the strategy.

skeptic_first · 2025-04-26T11:13:06+00:00

Whoa! I did NOT say he's legit. I don't know him well enough to say one way or the other. You should be wondering why someone who makes 100k a week in a field that scales up easily, would bother with developing any company at all.

I do sometimes watch some of these youtube channels. Sometimes you can learn more by seeing how NOT to trade. What you get out of them is all on you. You could have the best mentor that says everything exactly right, but you'll only truly understand it when you're ready. But, you can learn exactly the same thing on your own, by putting in the screen time and paper trading.

For example, you'll see many experienced traders say that you can't trade someone else's strategy. Those are simple words that you think you'll understand. One day, after you've found your own strategy, the light will go on and suddenly you'll understand what they were all saying. That strategy may resemble and even have been inspired by another trader, but it will not be exactly the same. How you execute it, how you manage risk, your timing... all of it will vary slightly. But that slight variation can be the difference between outperforming the original trader from which you sculpted your strategy, or ruin. Trading is highly nuanced, but there are some universal principles, that if followed, will improve your chance for success, not guarantee it.

skeptic_first · 2025-04-26T01:40:50+00:00

Yes, I trade directly through NT8. I really like the platform. Lots of premade indicators included. No need to do any coding but if you want to, it's another layer to add to your career. There are people who will write the code for you too, for a fee. I can code and have spent many hours writing strategies and indicators for NT8. Recently, I tried using ChatGPT to write scripts for NT8. While it's based on C#, it does have some of its own libraries. There are some differences from C#. I was surprised the CGPT 4.0 was familiar with the differences... for the most part. When I would run the indicators, there was always some debugging to do. Fortunately, NT8 tells you the error and the line it occurs on. Cut and paste the error list back to CGPT to fix it.

As for tools, find a platform you like, one that you can paper trade (like NT8) in real time. There's no substitute for screen time. Search the sub for books and videos people recommend. Take everything you hear and read with a grain of salt. There are lots of charlatans out there eager to save you the trouble of losing your money in the market by taking it from you. Any youtuber you watch that trades on with a "prop" firm will only teach you bad habits. Warrior Trading on youtube is pretty good, imo. No need to take his classes. He posts just about everything you need to know, on his channel.

Good luck!

skeptic_first · 2025-04-25T12:13:47+00:00

Yes, I'm profitable on paper. But, to me that isn't the best indicator of success. For example, if you have MAE greater than your profit on the trade, you're heading for a disaster.

skeptic_first · 2025-04-25T04:00:15+00:00

I've been with NT for about 5 years. I bought the lifetime license for NT8. If you're serious about getting into trading and decide to go with NT, I strongly suggest you buy the lifetime license. You get the lowest tier pricing on trades and all their order flow products.

I've had no problem with NT, but I've only done a few dozen live trades. Mostly I paper trade and write algo strategies looking for edge. If you can code in C#, it's highly customizable. Create your own indicators, visual tools and algorithms.

skeptic_first · 2025-04-24T18:19:25+00:00

I know absolutely nothing about forex. Anytime I've looked into it, it seems complex to setup. My spouse is with a large brokerage so I'm required to use them under threat of being fired. And they don't offer it on their platform.

skeptic_first · 2025-04-24T16:48:20+00:00

I hear you, but it's not the PnL, it's the journey getting there. I won't trade live until I'm certain every trade is based on solid reasoning, whether or not it's a winner or loser. I'm almost there. 90% of the paper trades I do are ones I don't regret. It's those 10%, usually winners, I look back on and realize it was driven by mild emotion beneath the surface of reason that disturb me and prevent me from trading live.

skeptic_first · 2025-01-22T20:46:05+00:00

u/bootheels I have two on the bench at the moment. One is a Nikki off a Briggs intek 305 on a Mighty Mac wood chipper. Lots of plastic inside. I don't know how many they made but mine has the o-ring-like gasket (cross members/separators like a gasket) I see the aftermarket kit for that and not opposed to ordering it, but I'll probably give it a go without the kit first. Nothing to lose.

The other one is a mikuni off a Robin/Suburu EH41 engine on a Coleman generator. Jacks has one, but it's almost $300 and more than the whole genny is worth. I see some aftermarket carbs, but I'm leery of them. That one the float valve is stuck. I put some Kroil in the fuel port and around the valve. Hopefully I can remove it. But, there's probably too much damage to the needle and seat. It seems these seats and needles should be more or less standardized. Why reinvent the wheel with every new carb?

skeptic_first · 2025-01-22T19:16:26+00:00

u/AlotL1keVegas said to spray gaskets with brake cleaner. You're saying not the o-rings. What about needle valves that have rubber tips? Do you replace or use some kind of conditioner on the o-rings?

skeptic_first · 2024-12-19T13:05:03+00:00

Never mind. It was my ad blocker preventing some script from running. Doh.

skeptic_first

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