Ross Cameron is known for trading in the stock market, but when did this interest begin?
When Ross Cameron was in the fifth or sixth grade, he found out that his great-great uncle made a lot of money trading in the stock market. The uncle’s descendants were still spending that money when the trading expert was a little boy. When Cameron was in seventh grade, the dot-com boom was in full effect, and his school decided to integrate this into its curriculum.
He had a chance to take a field trip to New York City and learn all about the stock market in school. Ross Cameron was able to paper trade stocks in his class, but he was eager to begin trading with real money.
The leader Ross Cameron called the Edward Jones office in his town and told them he wanted to invest $100 in a company. He wasn’t able to trade because it would take $50 to buy a stock and another $50 to sell it, so he did not have enough money.
After he entered high school, he managed to save $1,000, and this was enough to open an account with Ameritrade. He purchased stocks in ExxonMobil, Pfizer, U.S. Steel and Caterpillar. At this time, Ross Cameron was unaware that stocks moved so much in one day that it was possible to make money day trading.
After several years of following other pursuits, Ross inherited $100,000, and he invested it in the stock market with the help of an advisor. Eventually, Ross Cameron started to trade the money himself, so he set his sights on learning how to do this. After several losses, he needed to bring his account back up to $25,000, and he managed to do that with education and dedication.