MAX LOSS RED DAY (mistakes were made)

Ross Cameron - Warrior Trading

2,711 views • 21 hours ago Save 18 min 4 min read

Video Summary

After a week of impressive gains, a day of emotional trading led to a $64,000 loss, marking the second major drawdown in as many weeks. The trader, who had previously secured significant profits, found themselves spiraling after a failed trade on STKH, leading to a series of impulsive, high-stakes decisions that compounded the damage.

The trader attributes these losses to "emotional hijacking" and the difficulty of balancing a large, high-capital account with a small-account charity challenge. By attempting to manage both simultaneously, the trader admits to losing focus, resulting in sloppy execution and a failure to step away when the market turned against them.

Short Highlights

The trader experienced a $64,000 single-day loss after being up $32,000 earlier in the session.
The primary cause identified was "emotional hijacking," where frustration led to impulsive, high-volume trades.
Managing two accounts simultaneously—a large capital account and a small account for charity—contributed to split attention and poor decision-making.
Despite the loss, the trader remains net positive for the week by approximately $60,000.
The trader is considering ending the small-account challenge early to regain focus and prevent further "sloppy" trading.
The loss on STKH was identified as a turning point where the trader failed to cut losses and instead added to a losing position.

Key Details

Initial Success and WETO Trade [00:01:13]

The trader began the day with a successful trade on WETO, capturing a breakthrough and double-top pattern.
A profit of $25,000 was realized, providing a strong cushion for the day.
I made 25 000 on that trade right there looking back i wish i had just taken it off the table and said that's it i'm done for the day that was awesome right there i was in the driver's seat

STKH Volatility and Loss [00:01:46]

The trader entered STKH after a rally, initially locking in $8,000 in profit before sizing up.
A massive 45,000-share position was taken, which resulted in a $45,000 loss during a sharp flush.
I'm now red 45 000 just on stkh i haven't revealed my pnl yet you'll get that in a second hold your horses

Emotional Spiral and Further Losses [00:03:15]

Following the STKH loss, the trader felt emotionally compromised but continued to trade instead of walking away.
A subsequent attempt to trade WETO for a halt resulted in a $20,000 loss.
I didn't listen to that little voice that said you should walk away because i was emotionally compromised at that point

Finalizing the Day's P&L [00:04:45]

The trader concluded the day down $64,000 after a final unsuccessful trade on ONFO.
Despite the loss, the trader noted they are still up for the week.
I guess it's not as bad as last week last week i was down seventy three thousand dollars on friday i suppose if we want to look at the glass half full

The Challenge of Divided Attention [00:07:35]

The trader discussed the difficulty of balancing a large account with a small-account charity challenge.
Dispersed attention led to inconsistent stop-loss management across the two accounts.
I do feel like a real challenge here is dividing my attention between big account and small account

Reflection on Trading Habits [00:09:40]

The trader identified the behavior as "rookie trading" that occurs when they become stubborn and refuse to stop.
They noted that even experienced traders fall into these emotional traps periodically.
I got frustrated i got stubborn and rather than just get up and walk away i kept punching the buttons this is classic

Future Strategy and Small Account Goal [00:12:15]

The small account challenge is nearing its goal of 50 children's hospital donations.
The trader is considering ending the challenge early to eliminate the distraction of managing two accounts.
Maybe that's just where i i call it rather than it being based on because the number like i said i wasn't really thinking about a number

Conclusion and Risk Warning [00:16:30]

The trader emphasized the importance of transparency in sharing both wins and losses.
They reiterated the inherent risks of trading and the necessity of simulator practice.
Remind you guys as always that trading is risky easy come easy go right you see it right here easy come easy go