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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/
Wondering what I think the All Star Day Traders out there have in common? 🏆 Read this blog I wrote https://www.warriortrading.com/all-star-traders/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
Foreign. All right. Well here we are 48th consecutive Green Day Just locked it up. Today was a kind of a slower day, finishing up a little over 4 000.
Didn't quite get to the Daily goal, but uh, green is good. So uh, the thing today is I Sat down early and the leading gapper was only 12 and I was like uh-oh this is not good. 12 is I don't know what I'm gonna do here, but we ended up getting a couple stocks that popped up. first trade only 100 of profit and then the second trade we got an Algo Spike and I got some good profit on that.
600 on my first trade, about 1500, maybe 1900 on the second trade that put me up over 2 000 and then we got more trades on that into the open and I actually had a position that I held into the open so ended up doing well on that stock, but it was lower priced. it was a bit more thickly traded, a bit more of a grinding stock I turned more commissions on it, and then we ended up having a stock that was halted up three times in a row. ended up giving a hundred plus percent squeeze and I missed the whole thing because the price action at the open was so choppy. I didn't trust anything I had two small Breakeven trades at the open and then two others that I watched fail so when that one popped up, I was like no, I don't think so and then it ended up halting up and going up 100.
So that's the luck of the draw. but in any case, locking up a Green Day and trying to stay consistent. That's the name of the game if I go red and it's early, still lots of time in the market to recoup those losses and try to finish green. It does a little bit get into Revenge trading basically just being like I'm not gonna walk away red so if I go red I just kind of keep trading and this is tough because I have to be really careful I have to be patient and disciplined and wait for good quality opportunities.
But so far it's been working so I've got to just stay focused. Uh, hopefully the market will keep being strong enough that we'll have good opportunities throughout the days. So on days I do go red I can recoup and finish green I Hope you enjoy the recap. As always, reminder, trading is risky.
My results are not typical. You should not mirror trade, try to blindly follow me. You should also practice in the simulator before you put real money on the line. Take it slow, all right.
I'll see you guys back here first thing tomorrow morning. I Hope you hit the thumbs up I hope you're subscribed to the channel and I hope you enjoy the recap. Alright, see you tomorrow. Thank you Foreign everyone! So I'm going to do a brief recap here of my trades from this morning, finishing The day at 3 825.96 in my retirement account and 663.48 in my main account.
So about forty four hundred dollars of profit? Uh, not bad. Uh I do have about four hundred dollars in Ecn fees on evacs. Uh, I did get about ninety dollars of Ecn rebates from adding liquidity, but I also took liquidity and this is something that I could talk about a little bit as we get into this recap: the adding and removing liquidity. This isn't something that you have to worry about if you're a you know free commission. Trader E-Trade TD Ameritrade Etc but for um, Brokers like uh, light speed which is the broker I use and for any direct access broker, it is a consideration. slng uh, this one, you know I I left some money on the table on it. It's now halting up again at 10.73. I'm kind of trying just not to have Fomo and just come back and you know, do it again tomorrow, try again tomorrow.
The thing on this one was that, um, it went into a halt at 660. I didn't see it before it went into the hall and then on resumption it did do a dip and rip here to eight to seven, thirteen and then up to 825 and I was like I don't know I just didn't trust it because the thing is at the Open I traded Evac's pre-market and then at the open I traded Foxo and Shph and both were just like nothing. There was just nothing I mean these are like break-even trades and trading. Uh, something coming out of a halt with light volume and potentially bigger spreads that can be risky stuff and so I was just like I don't know I I just don't want to get smoked and take a fifteen hundred dollar loss on it and then it goes into a second haul and then I was like well I really can't buy it out of the third hall or going into a third halt.
so I didn't but it went into a third Halt and then it went up to a high of 1170. so I ended up missing kind of that whole move. uh Jess 500k badge in the in the chat room. He traded it really well.
over thirty thousand dollars in profit. so I'm super happy to see some Traders uh that did well on it I just I don't know. it's just a little gun shy and I think that was for a couple of good reasons. Um, so let's talk about those reasons.
Well uh, this morning when I sat down the leading gapper at like 7 30 was only 12 and I was like uh oh, this does not look good 12 this this could be a slow day. Uh, so my first trade on the day was Syrs Syrs I made 106.79 pre-market and it was. It must have been in this candle here that was popping up. so it actually just traded this one pretty well.
um also as I recall. Uh Anyway, so this one hit the scanner at like 650 it squeezes up to seven. It goes up to 740 up to seven Seven Fifty six I did a small trade on it, made 100 bucks. It was a dip trade on this pullback but I missed the Big Green candle so all I got was a small dip trade.
All right. So at the time that was our leading gapper, but then it it pulled back I didn't end up even being really that interesting. Today then we had evacs. So evacs had news that came out and when that news came out I traded it.
So I did trade this one. Uh, during that news spike it was Algo Spike and I got in at 298, three dollars added at 3, 15 and 320 and took my profit up here to 350. and in those trades right there. my first trade was 600 winner out at 316. added back here at 325 and sold on the move up to 350 for about two thousand dollars. and then I kept trading it at the open off of V-wap for a curl back up and got myself up to 3 700. so you could watch the morning show if you want to re-watch those trades. But anyway.
so I did okay on it, but it's a lower price stock. it, was kind of like fighting for pennies. churned a lot more shares That made the Ecn fees higher. When you take liquidity from the market, you pay a fee.
When you add liquidity to the market, you get a rebate. The rebates are not as big as the fees. Who gets the Who? Pockets the difference. It's the exchange.
That's how they're making money. So um, you know they they make money by charging you the fee and they give back a little bit by giving you the rebate. but the rebates are smaller relative to the fees so you're still out of pocket. So uh yeah.
I got a little bit of profit on evacs and then going into the open I held a position on evacs through the open. Uh, from nine, you know, 29 to 9? 30. and we got a retest of 9.29 sorry 329 I took the profit there. it dropped down, came back up I didn't trade it again I just was like whatever and at that point I was like okay, well leading gapper, not gray and then Foxo pops up I was like all right I'll take a trade on it.
it rejects ugly S H P H I was like all right I'll give it a try. took a trade on that it rejects as well. Ampx popped up I was like no I don't think I can trust it. Smart move, it's sold off Uh H-o-l-o popped up I was like nope, can't trust that.
Good move that sold off and then when slng popped up I was like no I can't trust that and then it goes up 100. So uh, this. you know that a lot of these did have news. This did have news this morning.
Um, you know the news seemed good, but it's not a recent IPO stock. It has a reverse split, but it's in 2019. it's not a recent reverse split. It's an energy stock natural gas, so it's not I mean it just didn't really fit the profile to me and um, despite being a relatively low flow, it's easy to borrow.
So I thought Well, given what we've just seen on these last few stocks, when it pops up, I think people are probably just going to short it I Don't think it's going to hold up, but what you might have happening here a little bit could be a little easy to borrow. short squeeze. So sometimes stocks are easy to borrow. Uh, you know shorts will short them fast, especially beginner shorts.
and then they can get squeezed so you just got a nice squeeze thereups 12 32 off the low of 960. so nice bounce. But now back to 10 away and I'm just I'm over it I'm not going to chase it I'm You know what? Forty four hundred dollars? That's enough. That's enough.
Some days it feels like it comes easier than others. Today just was not a super clean day and I'm grateful to be Green and it is my 48th consecutive. Green Day So you know I'm on a nice uh, you know, nice little streak here. and you know, like I said yesterday, I didn't import yesterday's trades yet. But you know, like I said yesterday, as long as I start with small risk on my first couple trades and I'm starting early, even if I go red, a couple thousand bucks still have a good chance at recouping. So there's a little bit of Revenge trading going on where if I'm going red I'm like, okay, well I guess I'm gonna be here longer because I'm not going to stop until I finish green I'm kind of. you know, kind of doing that where rather than just accept okay, I'm gonna be read 500 today. Whatever.
I'm like no, uh-uh I'm gonna. There's gonna be something in the market where I can make back that 500 and finish green and so I have to be a little careful about that because if I end up going down three, four, five, six, eight thousand, there may not be an opportunity to make back 8 000. So I have to be careful not to get overly aggressive if I start to go into the red to maintain composure and discipline. Wait for good quality opportunities.
But so far, every day in these last 48 days that I have gone red, there have been opportunities. that have been able to get me from red to green and I've had a number of days where I've gone from Red degree so. but I'm also stopping on those days when I get back to green I just stop. even if some days are only like 200 bucks, there's a 200 day I was like okay I'm back to green and this shows I went red.
uh it's not I don't know it's not super but anyways, you know I went a little red and I was like all right, that's it. um you know a day like this now. just screen. you know, some days, whatever.
um I don't maybe not, don't have too many I don't remember the one of the last ones that I went a little deeper into the red but maybe it was this day here this day I went deeper into the red for sure and then I was like okay I guess I'm gonna be trading a little longer and I made my way back to green so that was. that was probably the worst day that I've had. um, that was in August but anyway, so just trying to stay steady, keep it consistent and so here at 10 30 I don't have very much of a profit cushion on the day I don't really feel inclined to push my luck, so I'm gonna shut it down and live to trade another day. I'll be back at it first thing tomorrow morning.
All right, that's the game plan. I'll see you in the morning I Hope you really enjoyed that video and make sure you hit the Thumbs Up And subscribe to the channel if you haven't already. Our goal is to hit 1 million subscribers this year, but we won't get there without your help. so please, please, please hit that subscribe button.
Foreign.
How to exist after profitable trade?
CME
Question: In the WarriorTradding Chatroom using the stock quote, What Is Short Interest? Short interest is the number of shares that have been sold short and remain outstanding. So that is the current number of shares short, does that number update in Realtime Or is it taken at the open or close in stock quote for short interest? Thank you. As always I smash that like button 👍
Ross one question do you plan your trade or you just trade what's moving ?
It’s my 19th Green Day on a small account went from 300 to 728 in 19 days which isn’t bad I’m learning to be more consistent
Love you Ross. Warrior pro here. Since 2017. Still down a bit overall but I only trade in the winter. I understand this is a long term system. I'm an excellent guitarist now but I've been playing for 15 years I'm better than I was 2 years ago for instance lol. Keep up the good work we appreciate everything you do.!
Happy with my restraint not to trade anything today. Small account and nothing looked great.
It was a small red day for me, nothing seemed to move after 12 noon. I wish TD let you paper trade in the pre market…
Do you set stop losses on your trades?
FOMC day
hahah this guy and his green day lmaooo i would have green day too if i used 5000 shares to get 4 cent moves lol
Great work as usual Ross!!! I am on a (very small) green streak myself but trying to follow in your footsteps of small consistency, keeping afloat with base hits.
Green Every Single Day – the Ultimate Challenge. All these big time traders who make millions seem to later lose focus and purpose and just start gambling. But the real challenge is consistency. I want to see if this guy can go ONE FULL YEAR GREEN every-single-day – not one single red day. Not one. True psychological/emotional test. What a challenge! How many other traders are this consistent? I love it…
Really with this background music?? I guess it fits the day
🎉
SLNG SMH
maybe U having green days but cutting off the rest of us to dry in the dirt. Not very cool dude
👍🏻
Think sling is a long term holder?
👍 Watching you 👍 base hits 💵 first thing I learned from you.
I was green before I open too. I didn't mess with that either I didn't look right.
The video was wonderful, keep it up.😉
Congrats