How to Day Trade
The Plain Truth
By Ross Cameron
If you want to know the truth about what professional day trading is like—and how to get started with a solid foundation—then this will be the most important book you'll read all year.
Ross Cameron is the guy who turned an initial investment of $583 into more than $10 million. No, his results aren't typical—and in fact, day trading didn’t come easily to him. This book describes what it's really like to go from knowing nothing about day trading to becoming highly successful at it.
But much more than a story about Ross Cameron, it's a guidebook about the lessons he's learned along the way. Why make all the mistakes yourself? You'll discover 20 specific "guardrails" that Cameron used to save himself massive grief and money. They might help you on your path to becoming a day trader.
About Ross Cameron
Ross Cameron is a full-time day trader best known for turning a trading account with just $583.15 into over $10 million in fully verified and audited profits—an impressive, if uncommon, result. He also has more than a million followers on YouTube.
Cameron’s results aren't typical. In fact, he's far from the typical trader. This makes his experience and insight in trading that much more interesting for anyone thinking about following in his footsteps.
In How to Day Trade: The Plain Truth, Cameron talks candidly about how he got started in day trading—how he studied, experimented, and made lots of mistakes. He describes his challenges—some of which are very personal—and how he found a way to overcome them.
You'll feel like you've gotten to know Cameron as he explains the systems he put in place to trade more effectively and consistently. You'll also walk away with a clear and accurate picture of not only what day trading is like, but also what principles you need to follow if you choose to trade yourself.
Ross Cameron and Warrior Trading Have Been Featured on
How to Day Trade: The Plain Truth is 217 pages of brutal honesty about day trading, including who's suited for it and who shouldn’t even try.
If you're looking for a sales pitch about how "anyone can succeed at day trading," this is not the book for you. If you're looking for a realistic and useful description of the highly misunderstood profession of day trading, you just found it.
What Readers Say About This Book
Some of What You'll Discover in This Book
First, some straight talk about Ross Cameron, directly from Ross Cameron, who answers the questions:
- If I'm so successful, why am I still teaching day trading?
- If day trading is so great, why isn't everyone doing it?
- Is day trading just gambling?
- “No offense, Ross, but I have a hard time believing that you will tell me exactly the methods you use to trade. If you did that, wouldn’t you lose your competitive edge?”
- “Ross, I know you did a challenge in 2017 where you turned $583 into more than $10 million. Bet you can’t do that again! After all, the world has turned upside down since then.”
Next, learn about the battle that will happen between your ears:
- A dangerous thing to do when you're just starting out, but it seems so natural.
- The one sentence that pretty much sums up what day traders actually do.
- A skill that can help you for the rest of your life, even when not trading.
Cameron covers risk and fear in trading:
- A crucial ratio for you to know on every trade.
- These two numbers will tell you a lot about a trader.
- This might be the toughest trait for you to cultivate.
- Different types of risk.
- Becoming great at being wrong.
- Emotional hijack and how to deal with it.
- The many faces of fear in trading.
Cameron covers the gear you’ll need:
- The type of computer you should get and what not to waste your money on.
- An efficient setup for your trading area.
- Two other must haves if you're taking trading seriously.
Cameron covers finding the right stocks to trade:
- How day trading involves much more than looking for a pattern.
- The six components of a strong stock.
- The power of 10 to 15 cents.
Maybe most importantly: Ross Cameron shares the 20 specific principles or “guardrails” developed over time to reduce his risk and keep him on his game. Learn from his mistakes and insights so you don't have to do it all from scratch yourself.