Ross Cameron Trader Insights, Net Worth & Trading Style 2023
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Ross Cameron is one of the most successful day traders and entrepreneurs in the trading business. I asked Ross to answer five questions about his life, career and trading philosophy. As a fun part, I came up with an estimate of Ross Cameron’s net worth, detailing how I calculated it.
This interview with Ross Cameron and net worth estimate is the perfect addition to my Warrior Trading Review with insights into Warrior Starter, Warrior Plus, and Warrior Pro trading course, the chat room, trading simulator, scanner and charts.
1. Interview with Ross Cameron
Ross, first of all, thanks a lot for being ready to answer these questions my readers and me are interested in!
Please, start with telling us a little bit more about yourself?
Ross Cameron: Hi Alex, thank you for asking me to do this interview. I was born in raised in a small town in Vermont. I grew up believing success was working a 9-5 job. For many in Vermont, working class jobs is about as good as it gets. I personally wanted something different. After graduating college I lived in New York City and worked in an architecture & design studio.
Although I really enjoyed the work, after 4+ years of being in the city I realized I needed a change. I was no longer enjoying the 9-5 grind (which for me was an 8-7 grind). I moved back to Vermont and began to think about living a simpler life.
I looked to the stock market to help supplement my income. I thought if I could make an extra $500/week trading or investing, I could live a better quality of life without having to work a typical 9-5 job. That began a 2 year process of learning to trade stocks. In my early months, I traded penny stocks, losing over $15k on my worst trade.
That was an awful experience because at the time, I don’t think I’d had a winner of more than $1-2k. So to take that massive loss was really devastating. Some people would take that as their queue to get out of the market. I instead realized just as quickly as I lost $15k I could have made $15k if I was a better trader. That made me more motivated than ever to figure out. Looking back, I realized trading is a 2 phase career.
The first phase is learning a consistent strategy. Unfortunately, most traders will never complete this phase. The second phase is live trading a proven strategy, and that’s the easy part. My day to day routine now is simply to sit down at my computer each morning and look for 2-3 stocks that meet my criteria to day trade.
I’ve been pretty consistently returning $500-1k/day, vs my original goal of $500/week. In addition to my own trading, I now spend a lot of my time teaching other traders how they can fast forward the strategy development phase, so they can be consistently trading a proven strategy the way I am.
What type of investors is Warrior Trading best for?
Ross Cameron: I founded Warrior Trading in 2012 to help teach beginner traders how to avoid the mistakes I made, and to show them the strategy that has given me so much success. Anyone who is really good at something, has two choices. They can either keep it to themselves, or they can teach it and help other people enjoy the same rewards of learning that skill.
I’ve always enjoyed teaching, so it was a natural progression for me to begin teaching day trading. It’s something I’m obviously very passionate about, and I’ve also realized teaching has made me a better trader. It forces me to really analyze my own successes and failures.
At Warrior Trading we provide educational courses to aspiring Day Traders, Short Term Investors (Swing Traders), and Options Traders. Our team has grown to provide educational content for strategies beyond the ones I trade every day. In addition to providing streaming courses, we provide in person training events.
These have been a great opportunity to meet face to face with our students and help take their learning to the next level. I feel at this point in my career it’s my obligation to pass down the ladder, so to speak, to help beginner traders make their way up the hill so they can enjoy the same success I’ve seen.
What is the main difference between Warrior Trading and the competitors in the market?
Ross Cameron: One of the nice things for both Warrior Trading and for aspiring traders is that although there are others in the day trade education space, few carry the track record or offer the transparency we provide. Something I’ve felt is important is to provide students with the proof that I’ve been a profitable trader. Those broker statements are posted on our website.
This isn’t to say that an educator who isn’t profitable couldn’t potentially be a good teacher, but we feel students prefer to learn from a trader who has proven himself (or herself) as profitable. Over the years we have worked with thousands of students in our program, and that has offered us a tremendous amount of data and feedback about how to provide students with the best possible learning experience.
Our goal is to see our students achieve success, and that has been reflected in several of our star students such as Ed and John, who have recently broken 1/4 million in trading profits.
What do you see as the most important changes in stock market trading during the last years?
Ross Cameron: In the years that I’ve been trading we have seen 1,000 point market crashes and we’ve seen 1,000% short squeezes. We have benefited from the high levels of volatility. As traders, we want to see stocks moving. We don’t buy stocks at $3.00 to sell at $3.00. We buy at $3.00 to sell at $3.30-3.60 for a 10-20% return. If we can do that within the course of a few hours, that’s even better!
What are the three biggest advantages regarding the stock market?
Ross Cameron: The biggest advantage of the stock market for me has been the ability to use small amounts of capital and apply leverage power to greatly grow my initial investment.
In 2017 I started with $583.15 and at the time of writing I’m well over $10 million in profits. This type of return allows me to greatly outperform the market with a small account. I then take those gains and reinvest them into long term positions with the goal of 10-15%/year returns.
What I’m essentially able to do is rapidly grow my savings with day trading, and then benefit from compound interest on the capital that is being saved and reinvested. The stock market gives us the ability to invest in the economy. I see no reason demand for won’t continue to increase over the course of my lifetime for consumer goods, utilities, and other services.
Surely there will be companies that go bankrupt and others that go up 10 fold, but by being invested in ETF’s like the $SPY I am able to diversify across the market and benefit from the overall economic growth. Combining day trading with long term investing is the ultimate wealth creation process.
Ross Cameron, thanks a lot for taking the time to answer our questions. All my very best wishes for your business and for your personal life!
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2. Ross Cameron Net Worth
Based on my calculations, Ross Camerons’ net worth is over $25 million.
People typically keep their total net worth confident, and only they and the tax office know about all details. So, to evaluate Ross Cameron’s net worth, we must use a projection based on the facts we know and estimates about things we don’t know.
What are the main components of Ross Cameron’s net worth?
The two primary sources of income we know about are the
- Profits made day trading U.S. stocks and
- Profits made with his business warriortrading.com
Profits Made Day Trading U.S. Stocks
This is the easier part of calculating Ross Cameron’s net worth. Ross is the only trading educator I know about who publishes his earnings and broker statements in the eyes in front of everybody directly on his website.
Ross began with a starting balance of $583.15 on January 1, 2017, using the Broker Swiss America Securities LTD. Once the minimum requirements for U.S. brokers to day trade stocks (>$25k account balance) were met, Ross transferred to the COR account and finally to Lightspeed.
- The verified earnings of 2017 show a total gain of over $300,000 across his accounts.
- Each year since, Ross withdrawals a majority of his trading profits.
- An independent firm examined his broker statements for the period of 1/1/2017 to 12/31/2022
Ross Cameron’s Year-to-Date Profits:
- 2017: $335,181
- 2018: $499,189
- 2019: $366,793
- 2020: $4,567,591
- 2021: $3,826,835
- 2022: $814,096
Here we have it – the first part of our calculation of Ross Cameron’s net worth:
Total Profits in 72 months (Jan 2017 – Dec 2022): $10,409,851
This is the total profit made after commissions and fees in the past 5 years. Since he’s trading in a retirement account, most gains are tax-free.
Profits Made With his Business warriortrading.com
With the skill and proven ability to consistently make money in the markets, it is only natural to come up with the idea of teaching others the concepts that helped him achieve his goal.
Especially since Ross early intended to get a teacher’s certificate and always had teaching in mind. He enrolled in college in New Hampshire after graduating from high school in 2003 but moved back home due to family circumstances in 2005.
About ten years later, his success in trading finally allowed him to combine things he loves to do, and he has been trading and teaching since.
When Ross began starting his business, it was likely to break even during the early years, focusing on re-investing income in the company’s growth.
Especially when he started his Day Trade Warrior WordPress blog in 2012, he was likely looking for direction without making profits. In 2014, Ross started his day trade chat room, and his brand began to grow.
To evaluate the potential income from selling trading classes, we need two main components:
- Number of customers
- Average value per customer
Unlike the brokerage statements, which directly provide insights into Ross’ overall success day trading stocks, the company figures are not that transparently available.
Here is my assumption for the evaluation of Ross Cameron’s net worth:
- Number of customers: 25,000 since inception in 2014
- Average value per customer gross: $1,500
- Average value per customer net after expenses, before tax: $1,000
- Average value per customer net after expenses, after tax: $600
To sum it up:
- Projected Total income gross 2014-2022: 25,000*$1,500=$37,500,000
- -Expenses: Advertisement, market data, office space, wages and salaries, income tax
- =Projected Total income net 2014-2022: 25,000*$600=$15,000,000
This number is very theoretical, but it’s not entirely unrealistic. About $1.7 million in net profit per year is a reasonable average for such a business, and the number is more likely higher than lower. In addition, this estimate makes sense, considering that Ross has donated over $1 million so far, which is a reasonable ratio.
My Ross Cameron Net Worth Estimate
Ross Cameron’s total net worth is about $25,000,00. It consists of $10.5 million of trading profits between 2017 and 2022 and $15.0 million of net income running Warrior Trading between 2014 and 2022.