Background
Ross Cameron is the founder of Warrior Trading and one of the most commercially successful day trading educators. He claimed to turn $583 into over $10 million trading small-cap momentum stocks. However, the FTC fined Warrior Trading $3 million in 2023 for misleading advertising, specifically for failing to disclose that the vast majority of students lost money. His trading methodology itself is well-documented and straightforward.
Core Methodology
Cameron's approach targets low-float, high-relative-volume small-cap stocks making unusual moves pre-market. His 'Gap and Go' strategy buys stocks gapping up on news or momentum, while his 'Five Pillars' framework provides the overall structure for identifying, entering, managing, and exiting momentum day trades.
Key Trading Rules
- Scan for stocks gapping up 5%+ pre-market on at least 2x average volume
- Float under 20 million shares preferred (lower float = more volatility = more opportunity)
- Must have a catalyst: earnings, news, FDA, contract announcement
- Entry: break above pre-market high or the first pullback after the gap continuation
- Stop loss: below VWAP or the prior 5-minute candle low — max 20 cents risk
- Target: 2:1 minimum reward-to-risk. Scale out in thirds.
Key Concepts
Books & Resources
How to Day Trade for a Living by Ross Cameron. Warrior Trading platform ($997–$5,997). Note: FTC $3M settlement for misleading advertising in 2023.