Wrapping Up September and Looking Ahead to October
Hey everyone, Ross Cameron here! It’s Monday morning, and today marks the last trading day of September. I’ve officially wrapped up my trades for the month, locking in another green day. The great thing about this is it means a clean slate heading into October. September was decent, but I always like to think of October through December as the exciting part of the year. Historically, this is when I tend to see more action and better momentum in the markets.
The summer wasn’t bad, surprisingly, but now that we’re entering the fall season, it’s time to buckle up. Historically speaking, October always brings a pick-up in market activity. More news, more headlines, and more chances to trade. If the summer went better than expected, I’ve got some good feelings about what’s in store for the fall.
Trading Highlights from the Morning
Today was another successful day for me with four trades on four stocks, all green. I didn’t go for anything crazy today — it was definitely more of a “base-hit” kind of day. That’s a win in itself. Not every day will bring massive gains, but locking in consistent profits adds up over time.
I also traded a little more frequently today than I have been in the past week or so. When I saw opportunities, I jumped on them quickly. Let’s dive into the trades and break down the key moments of the day, starting with the first stock I tackled this morning: ZCMD.
Watching ZCMD After the Weekend
ZCMD was on my radar because it was one of the top after-hours gainers on Friday. I’d also mentioned it in my game plan for the week, which I shared over on YouTube. The stock didn’t have a clear news catalyst, but with Chinese economic stimulus in play, it seemed like many Chinese stocks were getting sympathy moves higher. I wasn’t too concerned about holding it over the weekend (unnecessary risk in my opinion), but Monday morning was a different story.
I saw ZCMD leading the gap scanner first thing this morning, around 6:30 AM. While nothing looked spectacular overall, I decided to keep watching ZCMD. The lack of a solid news event made me cautious, but with China’s economic stimulus possibly driving the move, I figured it was worth tracking.
First Trade of the Day
By 7:00 AM, I saw enough movement in ZCMD to consider making a trade. The volume spiked precisely at the 7:00 mark, which I knew was because retail brokerages like E-Trade and ThinkorSwim opened trading. At that moment, I saw the stock start to pull back, forming a micro pullback setup — a trade I’m comfortable with.
I took a position at $2.48, buying 7,500 shares. The stock fought through 250, popped up to $2.66, and hit a high of $2.69. I cashed out with a $1,600 profit. It was a decent trade, but much of the movement wasn’t extreme. I didn’t expect it to run too much, and in those situations, the goal is just to lock in smaller gains. I’m happy with how I handled it.
After the first trade, ZCMD started showing signs of a head and shoulders pattern — a bearish indication — so I didn’t jump back in after that. One trade was enough to secure a solid win on this ticker.
What Happened with EMKR
By 8:00 AM, my scanner picked up some action on EMKR. The stock spiked from $1.20 all the way to $3.50 in a matter of minutes. I jumped in on a pullback, buying 5,000 shares around the $3 mark. It quickly popped back up to $3.50, and I was thinking this could be another solid winner until I saw the news: a buyout offer.
Now, when buyout news drops, it’s a different type of play. The stock typically runs right up to the buyout price and then hovers there, leaving little room for upside. I didn’t want to get caught holding a stock that’s essentially capped in range, so I decided to exit for a profit of around $1,000. It’s always better to take the win than to wait around and risk losing it all.
Riding the Rollercoaster with XHG
XHG was another crazy stock today, and it ended up being my biggest gainer. It started off with no news, but similar to ZCMD, it’s a Chinese stock, and those were getting sympathy momentum from news about economic stimulus. The stock spiked from around $1 to $2 and back again, with some wild swings along the way.
I made multiple trades on XHG, buying the pullbacks and capturing quick profits. I first got in at $1.65 and sold when it went up to $1.80. Later, I entered again on another pullback around $1.66, took a small profit, and then tried again as it kept bouncing back. One of the more stressful trades came when the stock suddenly whipped 40 cents against me — these volatile moves are part of the game. Nevertheless, I managed to lock in a solid profit on XHG.
Reflections and Looking Ahead
Today was all about steady gains and locking in profits where I could. Even though I took more trades than usual, I didn’t push my luck — especially in a market with choppy movement. Cashing out while I’m in the green feels good, especially now that we’re about to kick off a new month.
Overall, September was a strong month for me. I took fewer trades compared to some previous months, but I’ve noticed that I’m getting more out of each trade with better accuracy. Higher accuracy and a better profit-loss ratio led to a stronger overall month, even as I dialed back the number of trades I took. It’s a reminder that quality often beats quantity in day trading, and I plan to carry this momentum into October.
With October right around the corner, I’m excited to see what the market brings. My plan is to continue being aggressive but pick my spots carefully, focusing on momentum pre-market and reacting to breaking news when it happens. If the market heats up like it typically does toward the end of the year, there could be some great opportunities coming our way.
That’s it for today! Thanks for tuning in. I’ll be back at it tomorrow morning around 6:45 AM. As always, remember that day trading is risky. Manage your risk, take it slow, and I’ll see you in the markets tomorrow!
Chinese Stocks Are Today’s BIGGEST Gainers
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Disclaimer: The results shared are based on my personal trading experiences and are not typical. Trading involves significant risk, and past performance is not indicative of future results. Always practice in a simulator before trading with real money.
