Ross Cameron has many great accolades, but by far, his day trading expertise is the one most popular and beloved by many. This is because he has traversed where many have not and came out smiling on the other end. This all has to do with him turning a $ 583.15 new account into a current $10 million stock account. Ross Cameron´s wins with such a small account have been a marvel for many, even fellow day traders. So what makes this particular $ 583.15 account so unique? Here is the main reason;
The Size
Generally, people into the world of day trading assume that for an account to become successful at day trading, it needs to be sizable. That is why Ross Cameron set out to demystify this common assumption. He opened a trading account with $ 583.15 in January 2017. This account would later become one of the most talked about, even earning him an interview with a top business magazine.
Ross Cameron has admitted that the success trajectory of this small account is anything but typical. His main aim was to prove that the right trading strategy can work great for any account, whether big or small. The account has made two significant milestones;
- Growing to $ 100000 in forty-four days
- Rising to become a $1000000 in two years
The account now stands at $ 10000000, which proves that Ross Cameron’s strategy works. He has since opened a trading school where he teaches beginners how to dive into the day trading world successfully. Cameron also helps beginner traders avoid the pitfalls he fell into when he was starting out. Another piece of sage wisdom and advice from Ross Cameron is that traders should accept forces beyond their control. For instance, his account does well when the market is volatile and less so when the market is cooling off. He, therefore, constantly adjusts his goals to fit the prevailing conditions in the market.