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#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
Before we continue...👀
💰Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money.
❗❗My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
❌Do not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/.
🍏 All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.
✔️If you don’t agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos.
Still with me?
Now let’s dig into some helpful information …
What’s my story? ✏️ You can read it here: https://www.warriortrading.com/ross-cameron/
And check out my broker statements here 📝 https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/
Our website is filled with free info 🔎 Start with this guide, no opt-in required: https://www.warriortrading.com/day-trading/
Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class 💻 Register here: https://www.warriortrading.com/free-day-trading-class/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
What's up everyone? Alright, so here we are: Tenth solid day in a row up Four thousand, Four Hundred dollars. Let's see to be exact: $4,487.29 I Get well into a hot streak I Want to not get overconfident because what can sometimes happen and this has happened to me many times is I'll have a hot streak I'll get overconfident and then I'll have a big loss And if that happens to coincide with the end of a hot streak of momentum in the market, then it can take a long time to bounce back after that loss, especially if it's a big one. So I have to have that presence of mind to take it slow to trade the market I'm in, not the market I Want to be in today I think I did a pretty good job I did give back a little profit on both of the socks I traded but nothing crazy. Not more than maybe 800 or 900 dollars total, so that's fine.
I'm ok with that. Green is good. Forty four hundred dollars twice a daily goal so just you know. Stacking some profit here for the month of August which was unexpected and it's gonna put me ahead of the curve coming into the fall months September October November and December Alright now I Want to remind you guys use the coupon code Labor Day to join the chatroom, join the simulator or join the Warrior starter which includes chatroom and simulator or jump into the Warrior pro courses which of course includes everything.
Alright, so looking forward to seeing you guys! We're gonna start the new month of September next week with some new students. Gonna be a lot of fun and I hope you're one of them! All Right See you guys first thing of course tomorrow Morning Pre market watchlist at 9:15 Alright, see that All right everyone. So and we're gonna do our midday market recap here. Go over the trades from this morning.
This is gonna be the 10th really solid day in a row of great momentum in the first hour. Yesterday was a fantastic day. The best Green Day I've ever had in the month of August was 17 thousand dollars of total profit today I'm up another forty four hundred dollars. So we are seeing you know, back-to-back Big Green days.
You know in the first hour of trading. just going back the last ten days. Thursday the 15th was two grand in the first hour Friday for Grand in the first hour Monday was four grand in the first hour and then Tuesday was about a thousand. the first hour Wednesday was five grand Thursday with eight grand Friday was ten grand, seven thousand on Monday and then I gave back five grand over trading ten seventeen thousand yesterday and now 44 hundred today.
So it's like back-to-back big green Salad days which is awesome today. I traded two stocks em Djh and MICR MICR was gapping up 32% This was a gap and go set up so on this one I thought it looked good I wasn't super familiar with the stock I thought there was some risk there. the bell rang, it started to squeeze up and I jumped in. And for this breakout here: I got in as soon as it broke over this level I was jumping in for 23, 24, 325, 328 I added at 346 for the break over three dollars and fifty cents I had 12,000 shares I was on this one thinking that if it broke over 350, we would get to move to 375, maybe four dollars. So for my initial entries down here around 324, when I added at 346, it brought my cost basis up to about 334. So then at 3:34 with 12,000 shares when it didn't hold right away, I had to bail out and I bailed out hitting the bid and made 726 dollars. but that was not the winner that I was going for. I was hoping for a lot more than that so that was kind of disappointing and you can see since the open this has continued to sell off and just kind of goes.
you know, lower. so not a great gapper. because it hasn't held its level, it's filled the gap coming back down the next 1m Djh. Now this is one that I'm somewhat familiar with.
I've traded a couple of these these days. That and you can see the candles red but this came to my attention. It was not on the Gap scanner. However, it hit the high of day momentum scanner.
so did SS NT and we'll go over that one in a second. But where is it right here? So it hits at 90, 70, 494 I see it hit M Djh I pull it up as I'm pulling it up there my charts loading I'm typing it in here I look at it I see it looks good I press shift 1 and shift 1 I Tried to buy six thousand shares I only filled 600 and then it was halted at 504. What I saw on this that I liked was it's moved quickly today. it's already up a hundred percent 96 percent so it's moving quickly.
It's got above-average volume. Check Check the float 1.4 million shares. It's got news I needed to see that headline and that made me feel good about jumping in. So I was in right here.
It's now halted at 504. it resumes a little lower. it opens at 480 and I was a little nervous. It then surges up to 587 if then pulls back here down to low 509 as it starts to curl up.
I Took the shares for the break I think it was over 550 and as it broke here up to a high of 617 I was taking profit. It then pulls back again and I added back at 515 right here for the first candle to make a new high. so adding back at 515 I then added 6,000 shares for the break of 5:15 I added another 3000 up here at I think it was 56 and another 3000 up at 74 I think it was 74 I Was thinking that this candle here was gonna break over 590 and we would have first five-minute candle making a new high and we would have a 1 minute break out over $6 and that would be a big winner. It did not end up happening, it came back down as it broke below 550.
I hit the bid and sold and was able to capture profit which is great but it was not what I was looking for. It was not nearly the move that I thought it would be so you know now it's kind of retraced and come back down. it's below the view app. if it breaks over the view app you know then I'd look for a move from five up towards 6 but I'm just not sure that's gonna happen and SSN T.i on this one. you know it ended up making a move here from a low of 325 up to 417. This is a bounce off the low. You know a stock drops from 8 dollars down to 3. It's gonna bounce up a little bit when it does start to bounce because of the amount of volatility.
I Just didn't feel confident taking a trade on it because I knew the upside potential ultimately was limited. That you know at most maybe you'll go up to 4, maybe 5, but with this big doji candle from yesterday the shooting Star, it's not gonna get all the way back up to 8 dollars so it's not gonna happen. So I did underestimate it a little bit. I could have taken a trade in this breakout here.
It did end up working I just did them. PS TV This is halted right now. A nice break out of this consolidation. It broke this level of 18, squeezed up to $20 got halted, resumed, opened and surged up to 22, but then reversed and is now halted.
Coming back down. This is one lighter volume and a $20 a higher price, so the risk is definitely on that. So anyways, that's it for me. Today puts me up now about 35,000 on the month of August which is terrific.
We've got two days left, so Thursday and Friday gonna try to finish up with two more green days. Alright, so that's the game plan and I'll see you guys first thing tomorrow morning. if you're still watching, you must have really enjoyed that video. So why not subscribe and get email alerts anytime? I upload new content.
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Unrelated weird question. What's the name of the beat that plays at the beginning of the video in the background ??
Please do it i will give you 40% perecentage i dont have idea about forex
Hey Ross great job. Question:
If you had to set up all the parameters for a perfect stock would it look like this:
Price between two dollars and $10
Above average volume
Float under 10 million
News nontrivial
In a growth industry like biotech
Former runner
Overall market is trending up
Busy season of the year
Other Moving stocks in prior days.
Am I missing anything?
Awesome brother! Another green one for me also. Up 800.00 on LCI.
Awesome!! Godspeed… and thank you Ross, you are a stellar teacher, very encouraging!
No trade day today for me today, I was cautious holding onto what the market has already given me this month. 🙂 Finish out August strong, do not give it back to the market Ross!! Thank you for all you and the Warrior trading team do. Yesterday I entered a trade early on OSN, put a decent stop on it $5.15. Then I left the office to take my Dad 72/yrs old to drop off his car at the garage at around 9:50am. While I was driving the OSN jumped up to 6.99 lol. I took my position right at market open at $5.85. So I logged into fidelity and tried to adjust my stop while mobile. My limit stop didn't get filled. Lol. I had top sell my position before the big sell off from the parking lot of our mechanic. I am a Beginner trader, lesson learned, do not leave the office while a trade is live. 😉
Spending 40k to make 700 doesn't seem to make sense me
Nice job ! You made enough to buy my 2009 Honda Civic
Ross, the quality of this recap is great!
Where do you get your scans from?
i got a question i was trying download simulator it ask me trader id and pass would that be my email and password i made or i got make new one.
September might not be so good I think…
Your on a mean green streak! Nice work. You definitely earned it after a shakey start to the month!
Love watching you do these daily recap, you're an awesome trader. Are you planning on doing any more live trade video
Ross I will be funding a Suretrader account, 10k$, this week, still have some questions about using leverage: people keep telling me it’s dangerous to use all 60k of the leverage they offer. Can you share your thoughts on that?
Do we get access to your scanners in the chat room?
How can I start trading when I have $1000. I looked at TD Ameritrade, Lightspeed, and Webull. The minimum requirement to trade was 2k from Webull. Can you help me?
Good show. Nice, very nice.
Do you have any tips for a beginner trader like me?
You're the King Ross!
Question: why Ross account doesn't show $ sign in front of the amount. Both of my accounts have $ sign in front of the amount. Thank you, whoever explains
Hey RSS Can you share your high of day momentum alert with me
Hey Ross
Ross I see the fire in your eyes
Down $72 on one trade. Kept it small!
Can you explain why a higher priced stock (PSTV) is more risky?
Really considering the pro course. Does that include chat room access every day?
Listen, man!
How long time necessary study and practice to be a trader?
For example in your case?
Good job Ross! You’re on fire 🔥. What do you think about the opening gap and go strategy right now? It’s been a mixed bag for me. I think trading out halts on momentum are where it’s at right now.
I like your cool, calm and collective approach! Consistency is everything. Keep up the great work Ross!
Hey Ross, was thinking about switching over to Lightspeed. How fast do your orders get filled, especially big size? I've been having trouble with ThinkOrSwim, even with market orders. There's sometimes a 2-second lag with big size (2000 shares) and I almost never get filled the opening minute of the market. Hoping Lightspeed can change that. Thanks for all you do.
No trade for me.