1 The Story
The public face of small-cap momentum
Ross Cameron is the founder of Warrior Trading and one of the most visible day-trading educators in the world, known for trading small-cap, low-float momentum stocks in the first hour or two of the session.1
He is unusual for publishing both his (independently described as verified) trading earnings and, just as prominently, the hard statistics that most day traders lose money. Warrior's own disclosures cite research that fewer than ~3% of day traders are predictably profitable — a caution Cameron repeats in his own teaching.3
2 The Big Idea
Trade only stocks at extremes
“I ONLY trade stocks at extremes… a once-in-a-year type of event.”
Out of ~5,000 stocks, only a handful each day have the “anatomy of a momentum stock.” Find those, and the price action is at its cleanest; ignore the thousands chopping sideways.1
3 The Method & Setups
Four selection criteria, two favorite patterns
The four criteria
Low float (under 100M, ideally under 20M shares), high relative volume (2×+, often 5×), a news catalyst, and a strong unobstructed chart — usually priced $1–$20.1
Scanners do the finding
Three scanner sets — momentum/“surging up,” reversal, and pre-market gapper — surface candidates; the trader still reads the chart and times the entry.1
Bull flag & flat top
His entry is the first candle to make a new high after a 2–3 candle pullback, with the stop at the pullback low. Flat-top breakouts work the same way against a hard resistance line.1
Tight risk, scale out
Aim for ~2:1 reward:risk with a tight stop; sell half at the first target, move the stop to breakeven, and sell into extension spikes. Trade the first hour, slow down after 11:30am.1
4 Try It Today
Test the idea for yourself
A no-risk exercise
Set up a free scanner (or paper-trading tool) filtering for the day's percentage gainers with low float and high relative volume. Each morning, watch — without trading — how those names behave in the first 30 minutes. Notice how few qualify, and how differently a clean catalyst-driven mover acts versus a random gapper.
5 In Their Words
Ross Cameron, quoted
"Sadly, most beginning day traders will lose money. Trading involves a high amount of risk… However, skilled traders can make a living working only 2–3 hours a day."— Warrior Trading, “Momentum Day Trading Strategies”1
6 The Books & Their Big Ideas
What he wrote
How to Day Trade
Ross Cameron · Warrior Trading7 Watch & Read
Go deeper
- READMomentum Day Trading Strategies (his own write-up).
- PLAYBOOKOur Gap-and-Go & Bull Flag playbooks.
- CONCEPTStock Selection & Scanning.
§ Sources
- Ross Cameron, “Momentum Day Trading Strategies,” Warrior Trading — warriortrading.com
- Ross Cameron biography, Warrior Trading — warriortrading.com/ross-cameron
- Warrior Trading day-trading risk disclosures (research on day-trader profitability) — warriortrading.com/disclaimer