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Warrior Trading // Ross Cameron // Day Trade Warrior

Good morning Everyone All right here? We go Friday morning so we're gonna jump in here before we get started. I want to thank Danny for, oh, let me mute this. Hold on. Hang on one second.

Okay, there we go. So um, I want to thank Danny for the awesome record and I've got it playing so I've got the record player sitting over here. That's a great gift. Thank you.

So this is, actually um, three discs and it's gonna be our soundtrack for today. Hopefully we have a good day, all right? So um, we've got about 30 minutes to the bell. I don't have any trades, uh yet. This morning before the close, yesterday I took a trade on Whlm um with uh, it was about 30 000 shares.

I tried to go along here 1241 for the squeeze up to 1314. I was looking for a squeeze into the close and I got stopped out as it flushed back down. Uh, right here. So I actually gave back some profit on that And at that point I closed out my position on E-bet because I was like, you know what, Just take it off the table.

It's it's you're green, You're green. Just take it off the table. Well, Ebet kind of ended up doing exactly what I thought it would do. It continued a bit after hours and then pre-market It continued up to a pre-market high of 71.

So we got the move. uh, all the way up to 71 there. It's now back at 46. But this is very similar to Utme so I finished up yesterday a little under 60 000 because the profit that I made on um, uh, ebet.

I then gave back on, uh, that sort of aggressive Whlm trade. I think I was I was trying to sort of swing for the fences. I was thinking, all right, I'm having a good day. Let's this thing looks strong for a power hour squeeze into the clothes, you know I'm gonna go for it and uh, just whatever so that that's the way it goes.

But um, in any case, so this so whlm this morning. I'm not going to watch for continuation. That one I have no interest in. Um, the leading gapper this morning is Mtsl.

It's a 2.3 million share float with 15 million shares of volume this morning. Uh, it's easy to borrow. It has a pre-market high of about 650, and you know it's a stock that we've certainly traded a number of times over the years. It has a history of making big moves.

I guess it's all-time high is kind of way up there. So this is one that, on the one hand, I like it. On the other hand, I have sort of reduced expectations for it. It feels like at this point it's kind of.

I don't know. It just seems like it. The the big moves are sort of done. So in any case, let's look at the headlines.

So they've signed a definitive merger agreement. um, with a sports betting technology. So I was talking yesterday about how that's a hot sector right now. So the question, of course, is the terms of the merger.

Usually I'm a little hesitant to trade merger Catalyst because usually a merger catalyst, uh, pretty much it does limit the upside potential for that stock. So I I think I'm going to leave this one alone and and just go to the next one. So the next one is Gfn. All right.
So let's mix in my powder here. So Ebet was a ipo yesterday and uh, I saw that it was esports, did a little research on it, saw that it was the same underwriter who, uh, ipo'd Utme and Wnw. So I thought that it was, um, one to keep close eye on, and that was a good assessment. Okay, so Gfn buy-out next one down is E-bet Okay, so E-bet I like it.

Um, it's obviously. um, it's obviously pulled back a bit. Um, yesterday had a high of regular trading hours 37.. So you know, with something like this, where are windows and triggers 57 55, 659 and then 70.

this spike at 5 45 A.m sort of 5 a.m up to 5 45 6 A.m and then they drop back down. All of this is on relatively low volume compared to yesterday. You know, if you look at the volume, yesterday certainly is much higher than after hours. Super early pre-market stuff like that, so probably just be watching to see at the open or closer to the open whether or not it gets back towards the V web volume weight average price is what I'd want to see it get back towards or back above.

It's got about 637 000 shares of volume right now now second leading Gap or next one behind that Efoi Um so Energy Focus partners with batteries plus bulbs. Okay, national distribution. I see the pre-market high of 469 470. I'm not sure if um again, that has to get back over the volume weight average price so I'll just put it down here as Efo.

Why is it maybe next one down? M E T X So M E T X Yeah, um, I don't even see news on it. I'm gonna jump that one to the next one. Fstx I don't like that stone. No, I don't like that either.

Uh, by the way. So for those who are tuned in um for yesterday or for party yesterday, Uh, so I finished up about sixty thousand. a little under sixty thousand after commissions, but donated sixty thousand dollars yesterday. and um, we did those donations.

Those were Um, charities recommended by Warrior Pro Students Warrior Starter Students, you guys. So I'll um, read the list of where we, um, who we donated to. maybe us. We a little closer to the open because I want to make sure that the people who put in those recommendations know that we got, uh, your donation.

Yesterday we got, it out if you were on if you're one of the ones that chose one of these charities, So that means this month I've donated 97 000 to charitable organizations which have brought my thankful Thursday and my sort of, um, you know, good trading day type of donations up to uh, over seven hundred thousand dollars since uh, Covet 19, uh began and that has that 700 000 has all gone to for the most part, local communities. um, here in the United States. quite a bit here in this area where I live, but also, um, generally to organizations that support small communities quite a bit. Here in this area, I've gotta see mute my feedback here.
I see a lot of people talking about dog coin. Um, I don't know. I I I can't even pull up a chart on this. Um, you know, with each signal we don't have crypto so I I don't know.

I I'm not. That one went without me like so many do, but that one went without me. Mtsl. I agree, it does look very thickly traded.

Um, so I'm gonna leave that one alone for right now. I did probably have my longest hold time in quite a while on Ebet because I had the 2264 average and I sold that in the 30s and that helped offset the loss on Whlm. but I still lost more on which Whlm? stupid that always feels when you have a when you have one trade that's like really good and then in like two minutes on one other trade, give back everything from the good trade. It feels like a real kick in the pants.

That's the way it goes. that's trading. So in case you didn't already know, day trading is risky. Most beginner traders lose money, and even experienced traders lose money.

Trading is hard. It takes a long time to get good at trading, and since most beginner traders lose money, you should assume that you will also lose money. My results are not typical. The results of anyone who is a profitable trader are not typical results.

So do yourself a favor and practice in a simulator before you put real money on the line. It's not worth trading with real money until you prove you can be profitable in the Sim. This is the honest truth. If you can't make money a simulator, you have no business putting real money on the line.

I didn't follow that advice. I put real money on the line and then started losing real money. And then once I started losing real money, I felt, you know, emotionally invested. I couldn't possibly walk away.

At least until I made that back. And then the hole starts getting deeper and deeper and deeper. So um, you know it's also, uh, certainly not impossible. Um, to have a stock like Ebet and have one person make money on another person lose money on it? Uh, you.

I have done this. I mean, I've done it so many times where you know we've had something like this and I end up being the one who buys at the top, sells at the bottom, then chases it back along at the top, sells again at the bottom. I mean, it's unbelievable sometimes. How wrong.

I time my entries at times, and then on another day, you know, more dialed in. So these are all stocks. Certainly ipo stocks that are quite risky. Um, so since we don't have a lot right now on the Gap scanner, let's look at um, ipos for today.

So let's see. Um, All right. So okay, we'll flip this over. There we go.

So these are upcoming ipos. Uh, let's see. today is the 16th. Okay, so it looks like we have four ipo's today: Trka, B M E A, Akya, and Rxrx.

So let's look at these in terms of um, prices. So Trka is priced at 450. so that's the lowest price one today and it's a small. It's only 3.3 million shares, so that's that's good.
That one's interesting. I'll look at that in a second. These other ones are a little higher priced. And because we've been noticing that, um, they open higher than the price.

I mean yesterday the price on esports was six and it opened at 21 dollars. So if that continues, you know a Tr K A that's priced at 450 might still open at 10 or 11? I don't know. And then some of these are priced to 18 to 20, might open at 30 or 40 or higher. Um, so let me do some research here on Trka.

Alright, so this one is. um, it's a U.s company. Okay, um, so I'm just reading a little bit about the company description: Global Marketing Service Company leveraging data and technology to deliver integrated branding, marketing, media analytics solutions to our clients. Okay, hmm.

I don't think that that sounds as hot as Esports, but can keep it on watch and see see what comes of it. So I'll put that one up on another chart here for a second. So let's see. Um, oops, what is this? Uh, detached one by the way.

Thank you guys on Youtube and Facebook for tuning in this morning. I'll pop up my disclaimer there as a reminder that trading is risky in case you didn't already know, that that most beginner traders lose money and that my results are not typical. Jason says Trka has a 100-day 180 day lockout period, right? So that was the one of the problems with Coin is that there was no lock out. Where's my other chart? No there.

It is. all right. I'm going to push this one over here. So um, let's see.

can you see who the underwriter is for this one? Just want to check this. So lockout. Um, is when Insiders: When uh, most companies ipo insiders are not allowed to sell shares for a period of time. That period is called a lockout so you can't sell your shares the first day of the ipo.

Um, that was not the case with Coin With Coin, Insiders were able to sell on day one. As far as I, um, was reading. okay, Underwriters Kingswood Capital Okay, so interesting. Okay, all right, so we'll see.

Okay and then. So we've got this one here. Trka as ipo. Today we have these other two, which I think this one it's gonna be a little maybe more expensive.

It's a bigger ipo raising a bit more capital. You know, the Utme. Again, four dollars 3.7 It's a smaller ipo, but then look at that move. So those are the ones that and I missed the initial move on it.

But these are probably the ones to be keeping a closer eye on. So the other one's Bmea and Akya. this is biosciences. I can check that one Got about 13 minutes to the bow.

Hmm. All right. Well, okay, so that gives us at least one idea of an ipo. I'm not sure about Ak, um y A, but I'll put that over on this chart just in case.

Okay, so I have. We have a couple ipos that we might keep half an eye on today to see if anything pops up. We've got as far as fresh gappers Back to the top of the list: Mtsl, Danny, What could I have? It's playing. I've got the record playing right here.
I'm on side two. There we go. Thank you! Sounds great? Yes! Thank you guys on Youtube and Facebook for hitting the thumbs up. Okay, so let's see, right? So back to the top of the Gap scanner: Mtsl This one I am not very interested in.

The Catalyst is a merger. I don't usually like to trade merger catalysts, so I think I'm just going to kind of leave this one alone. For the time being, we'll see. I just don't have all expectations.

Gfn this one, I have low expectations. Well, it's a buyout so that one's just off the list. Ebet, Um has pulled back a little bit. Uh, I.

I don't know if I mean I think right now Again, like I said earlier, the volume for the most part has been very light. You know, light pre-market after hours volume. It's got six seven hundred thousand shares traded, but all things considered, that's fairly light. So it is gapping up 23 24.

Yesterday's high was 37. It squeezed into the close. We got some nice trades on this. Um, I had a dip off of 2264 that I held all the way into the afternoon, all the way back up into the 30s, which was phenomenal.

We got this drop down here and then it popped back up. So generally I'm bullish on this. Um, as I said yesterday, and I like this stock because it's a small cap ipo. It's in esports.

I like that sector. It's also has the same underwriters as Utme. Utm did a two-day ipo like this. That same underwriter was, um, was the lead underwriter for Wnw, which over three days did this.

Um, they also were the underwriter for Fhs which did not, uh, do anything spectacular. But I think esports, given the fact that we've already got the first day of the move shows some good potential for continuation. It's not positioned as strongly as it could be. I would prefer if it were above the volume weight, average price, and consolidating around 55 or 60.

You know, for a move up to 70 85 100. But given the fact that his move this morning up to 71 was on lighter volume, and then the sell-off was also on lighter volume, I think the volume at the Open will be what's probably most important to watch. So I am bullish on this. but we'll see how it trades at the Open.

So next one down on the Gap scanner met x no interest there. Efoi I said as a maybe if it gets back above the V web, it's below the view app right now. Why I: the float's too high. S-t-o-n floats a little high.

Craig: We've traded this one before 2.8 million share float. It's a Chinese stock, not really looking that interesting right now. Sometimes we get these waves of momentum in Chinese stocks, but we're not really having that too much right now, so I don't know. I might leave that one alone.

Uh, Fstx, No volume, not not much. and then we're starting to go a little too far down the Gap scanner. So then we have ipos. today.
We have a couple stocks ipo in today. There's actually four. So these are our ipos from today or for today: Akya, Bmea, Trka, and Rxrx. Of these four, Trka is the lowest price and has a lower flow to three million shares.

Therefore, it's more similar to esports, uh, Utme, and some of these others, so I'll watch that one. The others I'll keep on watch as well. I have the charts up, but we don't know exactly when they'll ipo, what time in the morning, so those ones are maybes for right now. So we're sitting here with about six minutes to the bell.

uh as a reminder. Um, thank you guys. Uh, for tuning in this morning. of course students, but also those on Youtube and Facebook.

Since we've got more students here now at the open, I wanted to let you guys as we get close to the open, let you guys, um, know who we, uh, donated to yesterday for Thankful Thursday. So yesterday I donated 60 thousand dollars for Um for Thankful Thursday and those donations went to Big Brothers Big Sisters of America, Children With Hearing Loss Columbia County an organization there Wounded Warriors, Toledo Humane Society, Windham County Humane Society, Team Rubicon, City Harvest, Colorado Children's Museum, Us Museum Children's Hospital, Shriners Children's Hospital, Alex's Lemonade Stand which is for helping cure Cancer, a breast cancer Center and that was for um, Nick. He, um asked for that to be in memory of his wife. So yep Nick, we got you covered there.

Um, Uh. Jeff for the National Fallen Firefighters Foundation, Richard for Make-a-wish Arnie for Children's Cancer let's see then. Tracy for St. Jude's Uh, Karen, Larissa Jenny for Aspca, Maryland for the United Way, Todd Cot for the Nature Conservancy and Arbor for the Ronald Mcdonald House.

So I did about 2 500 for each of them. A couple of them were more. Marco was the one who recommended City Harvest. Patrick was the one who recommended Shriners for Kids.

Dan recommended the Colorado Children's Hospital, Michael recommended Team Rubicon which is a veterans group that goes and helps with disaster relief. Christopher recommended Alzheimer's Uh, Peter and Dusty recommended Humane Societies and David uh, the Wounded Warriors. So thank you guys for your recommendations. For those you guys on um uh in the chat room and there's a link if you would like to make a recommendation for um next Thursday, I'll put that link right down here.

So we have two more Thursdays here for the month of, um April. So the the idea here was that every Thursday for the month of, April. would be a thankful Thursday. I'd be doing a special donation and so I have.

Um, stuck with that. All right? So let's see. Um so we've got about four minutes to the bell. I do see um, Ebet coming up a little bit there, so it tapped its head on the V app.
This is a pullback right now underview app so I would wait for it to dip. What you might have is resistance at the volume weight average price so I'd want to see it form a clean pullback pattern. This wouldn't be the place where I could take a big position, but I could take a smaller position but we'll see um, what it does. This current candle the high was the view app is 50 so I'm long there for the breakthrough 50.

I want to give this a try. Smaller position to start and my target on this would be a squeeze to 55. what I'm thinking on Ebet is a possible possible squeeze into a halt at the open. So right now I'm just going to hold this with a new order at 52 to add, so adding right there.

so scaling in as it moves higher and looking for the move to 55. Now this is where we're seeing more volume coming in as we get closer to the bell, so this is going to be timed I think pretty well for a trade right into the open and a squeeze into a halt. So I'm adding again there at 51 52. Target is 55.

So I'm holding this looking for the move to 55 dollars? that would be about five dollars a share and then look for the squeeze through 55 up to 60.. So right now on a dip, I'm gonna be a buyer looking for the first dip to buy. Volume is increasing which is great adding right there. Now looking for the squeeze up to 53 54 and I'm going to put in my other account here to take a new position at 55 for a break through the highs.

So over in this account I'm going to let this pull back for a second. We've got less than a minute to the bell and what I'm looking at at the open is a squeeze into a halt going up to 55. Like I said, I like esports and I like this stock for a lot of reasons. So right now I'm looking for the one minute pullback and then an ad through 53.

so added right there for the break of 53.. And let's see, we've got the bell about to ring so still holding uh on both sides and looking for an add and then a squeeze into a halt to 55.. So there's the bell adding there 53 and looking now for the squeeze up to 55. First pullback.

I'm going to be a dip buyer on, so add it right there at 49. Bought the dip and now look for the pop through 53, adding right there for the break of 53 and then we look for 55. gonna let it work because I'm looking for the break through 53. We've got 53, then 54 and 55 holding adding right there break of 53.

That's what I wanted to see. So over on this side holding this position was looking for 55, holding smaller size there. on this side I'm going to look to do a dip trade adding at 49.49 trying to do a dip there. So I'm holding this on in both my retirement account and my trading account my day trading account.

So I think what I'm going to do on this side I'm going to add right there for the dip and then the pop back to 50. I'm looking for that red to green move and this hasn't given us the red to green move just yet. My order here is at 51. add it at 49 right there.
So trying to buy for the break back through 50 the pop back up over the volume weight, average price. so watch the break of 50. there's 50 on the ask so on that side I'm red, but on this side I'm green looking for the first one-minute candle to make a new high which is going to be over 51.85 So managing my risk there, reducing my position a little bit so down 7 up, 34. there we go.

High of that candle was 54. so we actually got the first one minute candle to make a new high there. added right there for a dip at 53. Looking for the breakthrough? 54.

there's 53.72 holding at 5215 on this side. High of this current candle is 54. added right there 52. I'm looking for that break through 54 and then up to 55.

it's up 41 percent. Sold the rest of that for right now. So that puts me green but red on this account. I'll see if I can recoup some of the loss over on this account.

The low down here is 48. I might try to do a dip trade off the low watching dip trade there 47.91 So buying the double bottom and looking for the bounce back to 49.. So when I do a dip trade it's got to bounce pretty quickly. There's 48 49.

hide this candle is 54. reducing my risk a little bit so I'll see if I can make back the loss on this side in my retirement account. This dip trade again there 47.50 Buying the dip off that yellow line So that yellow line is what I'm catching the bounce off of scanners, not really giving me anything other than Ebet. see if this breaks back through 48.

there we go. So a little below 6 000 in the red here. So what we didn't get on this was a halt. What I thought was that we were going to squeeze right up at the open into a halt and that didn't end up happening.

We got this open, this dip this pop back to 53, then this dip down to 46, then that curl back to 54. and now back to this ascending support line. All right. I wasn't planning on trading into the open for those on Youtube and Facebook, so I'm going to end the video here.

Thank you guys for tuning in. I'm going to keep trying to recoup some of the losses on that side and I'll see where I finish today. So as a reminder, I'll put up my disclaimer: Trading is risky. Most beginner traders lose money.

I would encourage you not to try to blindly follow me or anyone else. Instead, learn a strategy. You've got to take your time. Since most beginner traders lose money, you should trade in a simulator before you put real money on the line.

So I'm still holding Ebet into a halt down, so it looks like I might give back a little bit more on it, but I might also try to do a dip off the low. We'll see if it gives more opportunities. All right. Thank you guys again for tuning in on Youtube and Facebook.

I'll be back. Um, on Monday. And then of course I'll do um, live trading through the day next Thursday for Thankful Thursday. So tune in for Thankful Thursday You.
.

By Stock Chat

where the coffee is hot and so is the chat

14 thoughts on “4/16/2021 – live day trading morning show with ross cameron”
  1. Avataaar/Circle Created with python_avatars forexkade says:

    What are the indicators you are using?

  2. Avataaar/Circle Created with python_avatars Basim Al Bawe says:

    Donate / MAKE A WISH –

  3. Avataaar/Circle Created with python_avatars Stephane Montpeirous says:

    👍

  4. Avataaar/Circle Created with python_avatars Leatherdardo Retromovil says:

    Hi Ross! I discovered your channel just a few days ago , I had watch all the videos from your channel that I could in just over a week , excellent material ,there’s a course I can join to study with you? Thanks for all the great material Dard

  5. Avataaar/Circle Created with python_avatars Andres M. M says:

    what is that green stuff you drink every morning ? lol if i can ask? it looks healthy

  6. Avataaar/Circle Created with python_avatars Shaxse Fr says:

    Can I know which broker do you use ?

  7. Avataaar/Circle Created with python_avatars martin lockheed says:

    NEEEEEEDING SUBTITLES! PLEASE

  8. Avataaar/Circle Created with python_avatars Dark says:

    @Ross Thank you for pulling that calendar up. I was at work today and in the chat room asking about IPO's. Unfortunately i cannot watch your live stream at work but am able to watch the archives and youtube at nights

  9. Avataaar/Circle Created with python_avatars Ameera Nasser says:

    Ross!!!! There’s someone pretending to be you on Instagram and I just checked and there’s about 9 Instagram accounts with your photo

  10. Avataaar/Circle Created with python_avatars Mr. Rice Guy says:

    I was really glad to see you trade past the bell a little bit today! Looking forward to getting the full experience with Warrior Pro next month!

  11. Avataaar/Circle Created with python_avatars Meta Calm says:

    HERE is the thing about PAPER TRADING that they don't tell you. "FREE" PAPER TRADING, meaning with delayed data, will cost you $$$$ down the road. You've got to paper trade with real-time L1 and L2 data. You've got to spent about $150 a month for your paper trading or it's NOT, I repeat It's NOT, going to prevent the big losses when you begin trading with real money.

  12. Avataaar/Circle Created with python_avatars jason mekush says:

    Green is green , ch 10 from the warrior pro 2021 course saved my day today. Hope you and your family have a great weekend.

  13. Avataaar/Circle Created with python_avatars Dee Goto says:

    Curious about my trades❓❓ If you have questions 🤷‍♂️👨‍💻😉❓❓ ask them below! I respond to every question posted on my channel. OK why not post the number of shares traded vs just dollars made or lost it provides a much better perspective n your trading You numbers can be misleading

  14. Avataaar/Circle Created with python_avatars Dee Goto says:

    This morning you were trading EBET with what appears to be around $1.5 million invested in 33,000 shares and made around $33K which is about 2.2 percent (return on your investment ROI)

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