How do you teach what seems unteachable? This is a question Warrior Trading’s Ross Cameron has asked himself many times. Mr. Cameron, a highly successful day trader, realized his desire to impart his knowledge to others about 10 years ago – to share his passion for cornering the market. Here’s why Ross Cameron got into teaching trading and how he teaches would-be traders.
“I really enjoy teaching,” Cameron said in an interview earlier this year. “I can say that teaching is in my blood.”
After all, Ross Cameron is the third generation in his family to teach. His grandparents, parents and even aunts and uncles worked at the school.
“It comes naturally to me,” Cameron said.
How Warriors Trade Begins With An Anatomy Lesson
The way he teaches trading is by making concepts very easy to understand. Initially, it focuses on simple concepts such as: What are the characteristics of tradable stocks? What should the price chart look like?
“I start by laying a very simple foundation and keeping it simple. It’s about starting to fill in all sorts of details about the concept, but the concept itself is fairly simple. Warrior Trading Cameron.
Ross Cameron started talking to his students about the supply and demand imbalance in stocks. He explains what creates demand. for example, Company breaking news.
“Then we begin to introduce the role of emotions in trading: fear, greed, excitement, etc.” The equation is the number of tradable shares. “So you can see moments of extreme imbalance between supply and demand. That is volatility. And volatility is opportunity. “
Once students understand the structure of stocks and tradable moments, Ross Cameron begins to talk about when and where to buy and sell, and how to manage risk.
“Teaching trading starts by making it very simple because it has to be intuitive to students,” explained Cameron.
In the next level up, Cameron layers on some of the more subtle yet very important elements of “tape reading” (the ability to see price movements without checking the charts).
“These skills will help new traders truly understand the market dynamics.”
Ross Cameron admits he’s the type of person who builds things up himself and learns by getting his feet wet trading pool.
“I like to give my students the opportunity to trade in simulators so they can start practicing right away.” Crazy thing.
“A trading simulator is a tool for students to use and experiment with. It is a safe place to experience the art and science of trading and apply what they have learned in class,” said Cameron of Warrior Trading. increase.
Ross Cameron explains what it takes to be a successful day trader
To be successful, Cameron said, Market and Trading Fundamentals.
“Sorry to say, but not everyone can learn the concept of trading,” he said. “There are some complex things you really have to figure out. You need basic intelligence and aptitude, even just to get started. I don’t mean you have to be a college graduate, but you have to be a critical thinker.” You have to be a little problem solver.”
According to Cameron, trading simulators are a great place for people to figure out if they have what they need without losing their shirt.
Cameron says traders often have more independent personalities than the average person.often they someone who likes to solve puzzles.
“Trading is a bit of a puzzle,” said Cameron.
There are also emotional tendencies — the psychology of trading.
Warrior Trading’s Cameron said, “Emotional nature is the biggest challenge for every trader I’ve ever met, including myself.” You get carried away, throw everything out the window, and find yourself making emotionally impulsive decisions—you might be telling yourself you’re making decisions based on intuition and experience. But in reality, you may be trading on emotional reactions you’ve just experienced, say, loss, frustration, or anger.
Teaching Trading Is Teaching Introspection, Says Ross Cameron
According to Cameron, part of teaching trading is helping people learn about themselves.
“One of the things people don’t expect is that trading forces them to actually look at themselves in the mirror: self-disciplined, disciplined, and truly conscious of themselves. It’s about checking in on yourself every day,” Cameron said. “Am I going to trade today? Am I really performing at my best today? Am I checking in on the market? Is the market good for me today? These are the questions you need to ask yourself at the start of every day you sit down and trade.”
And that’s what Ross Cameron himself does every day.
“Every morning I sit and ask myself: Did I eat well? Did I sleep well?
For example, right now we are in a bear market.
“We were in a bear market for over a year, but we still had a great year last year. “We all want to hit home runs every day and make a lot of money. You can choose to accept reality or fight it, and those who fight it will go to great lengths.”
Teaching these concepts can be difficultRoss Cameron admits.
“But it’s very satisfying to see my students trade well,” he said. “That’s why I love teaching trading.”
