📌If you want to talk about who is the most stable and accurate person who makes money by trading, Ross Cameron is definitely on the list. As of the end of April 2024, he has made an account of only $583 to $10.92 million😍😍🚀

This is a real verified and audited account income. With this record, he has attracted the attention of more than 1.2 million people🫡

Cameron uses a momentum strategy with a very high winning rate to hunt for large fluctuations, and the original high-risk and high-return will reduce the account risk to a very low level after establishing a buffer safety zone/

The focus of the strategy is to choose high-quality targets in a greedy market, which is the key to success. A good target does not necessarily have a perfect chart model, but it is more likely to bring good results!

The first task of entering a strategy is to choose a target that is suitable for the strategy. This is the easiest way to reduce trading risks. The type of strategy determines the choice of the target. The most suitable target for the momentum strategy is the target with a rapid growth factor~

For example, on the first day of his small account challenge in March, he made $125 with $600 in his account. By the end of the first week, the account had grown to $6846, with a return of more than 10 times/

He said that the reason for the rapid growth of the account was mainly because he found one after another target that rose rapidly by 30%/40%/even more than 50%/

The growth factor is difficult to appear in giant companies like Meta/Google/Netflix. There are too few cases where such companies rise by more than 20% in one or two days!

📍The target with a rapid increase factor generally meets five characteristics:

1/The increase on the day has exceeded 10%. This target has gained momentum. It is much easier to increase another 10% than to increase from zero./

2/It must be in the top five of the increase list. The top few places in the increase list mean that most of the attention and trading volume will be concentrated on these targets. Such targets have better liquidity and the chart shape will be more respected./

3/It must have a high relative trading volume. The relative trading volume is a measure of today's trading volume relative to normal trading volume./

For example, a stock trades 150,000 shares on average every day, but today it traded 1.5 million shares in one day, then its relative trading volume ratio is 10 times. A target can quickly rise by more than 10%, mainly because it has a high relative trading volume in a short period of time./

4/The price should be lower than $20, especially in the first week, it is better not to exceed $10, and the cheaper the better. Because relatively speaking, if you want to achieve a 100% increase, it is more common and simpler to increase from $1 to $2 than from $20 to $40. /

5/The circulation volume should be low. The circulation volume is actually the imbalance between supply and demand. The rapid increase is actually the demand is huge but the number of targets available for trading in the market is insufficient. /

For example, the LUCY stock has only 11.24 million shares in circulation, but the daily trading volume has reached 944 million shares, which has increased by 428% in one day, ranking first on the increase list. This type is the most popular and most actively traded target we look for every day!

If the above five characteristics are met, the momentum will be very sufficient. If there is strong news support, the probability of an upward movement of 30% or even more in one day is very high, especially for strong targets in the greedy market, which can help us quickly gain profits and establish a safety buffer!

📌Momentum trading is mostly about trading breaking news, such as abnormal financial information, investment opportunities and major events that are ignored by the market, such as mergers and acquisitions/important contracts/management changes or legal proceedings, etc., and ETF applications in cryptocurrencies, expectations and announcements of interest rate cuts, etc. These prices will react strongly~

You need to identify the actual content of the news yourself. Some will affect a few hours, some will affect a few days or weeks. When news breaks and volatility increases, the target will become very disconnected from its true market value!

The volatility of this reaction is usually large. If the account is leveraged, even if the leverage is low, it will explode in one transaction, so the establishment of a safe zone is the most important stage for small funds‼ ️

📍These screening criteria are not randomly selected, but based on Cameron's tens of thousands of historical trading data. The data tells him that the above types of targets have helped him make the most money. When the screening criteria are met, the next step is to conduct chart analysis~

First open the 5-minute chart to observe whether the price trend is correcting, at a low point, or has broken through/

Then open the daily chart to see the context of the target, understand whether the general trend has been disrupted, and mark possible key support and resistance and important highs and lows/

These key positions can not only help us enter the market, but also set stop-loss and take-profit positions based on these positions. Once set, they must be strictly implemented without any fuzzy operations!

Another important indicator for judging trends and support and resistance is the 200-day exponential moving average. EMA200 is one of the best indicators on the daily chart. If the price is below the moving average, it will almost always encounter resistance when it reaches here a few times before. It always requires a high volume to break through here~

So we try to buy only after breaking through the key resistance above the moving average. If it is far away from the key resistance before breaking through the key resistance, if the profit and loss ratio is at least greater than 2, you can also consider entering the market!

Sometimes he will enter the market when the first two callbacks to the key position of the five-minute or one-minute chart, and sometimes he will break through the flag or flat top pattern. The pattern is not complicated, but he often uses it very effectively~

Okay, there is no investment advice in the entertainment program. I wish you good morning, good afternoon, good night, bye~😍