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1. Your first big step to learning how to day trade ๐Ÿ—“ โฐ is to register for my next FREE Day Trading Webinar ๐ŸŽฅ ๐Ÿ“บ ๐Ÿ‘จโ€๐ŸซWhen you register, you'll get a free digital copy of the best-selling book (best-seller on Amazon) titled "How to Day Trade" by me, Ross Cameron! ๐Ÿ“š - https://www.warriortrading.com/free-day-trading-class/
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4. I started with less than $1000 and turned it into over $1mil ๐Ÿ’ต ๐Ÿ’ฐ in trading profits ๐Ÿ‘€ - https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/ Remember, my results are NOT typical. Day trading is very difficult.
5. Okay, so I make money...But here's the big question, do any of my students make money?ย  Check out this student success story about John's path to making over $500k ๐Ÿ’ฐ๐Ÿ’ต since he learned to trade my momentum day trading strategies. John's results are NOT typical and are not intended to be a representation, warranty, or guarantee that simliar results will be obtained by you - https://www.warriortrading.com/success-stories-john/
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Warrior Trading // Ross Cameron // Day Trade Warrior

All right, good morning, everyone uh, so i'm going to do my recap here of trades from the morning and remind everyone that tomorrow is our first day of summer school. So those on youtube and facebook that don't already know and haven't checked it out, make sure you check it out i'll put a link down in the description. So you guys can check out the summer school program that we're going to be running this summer for those that want to learn a little bit more about momentum trading. Now i'll begin.

This recap by saying, as always, that trading is risky. My results are not typical. Most beginner traders lose money and, if you learn from me, that's not a guarantee that you'll find success. Trading is hard, but i'm of course, happy to share with you the strategy that i trade and, if you'd like, to learn a little bit more about the markets and gain some sense of financial literacy on day trading.

Specifically, i'm happy to teach you so uh with that. I'm finishing the morning up here: uh 31, 565.33, so a terrific morning and i made 56 000 on friday, so 87 000 in two days uh, and look at this, our med, beautiful, beautiful, false, beautiful five minute breakout i was um and so that one's going to Go without me, you know i, i love seeing that i'm up six thousand on armed. If they go without me like that one just did. It means i'm leaving a little money on the table, but i am happy to leave money on the table while walking away with money in my pocket.

What i hate to do is have my last trade, be a loser and to finish the day, knowing that i've given back profit that i had nice profit and then i gave it back 10, 20, 30, whatever it could be, half or more, because certainly this uh. This one, i was a little nervous about because it had this kind of double top right around here at 850 and then it kind of tapped this level here - and you know it certainly looked decent for a five minute breakout. But you know, there's no guarantee with these and the longer you trade into each day. The more you expose yourself to the you know unfortunate risk of hey, wait.

A second. Is this stock amex nicey stock up 78 with no news? Yes, it is. Could it get halted by the exchange where they asked the company to provide more information about why the stock is up 79 with no news? Yes, it could, and if i'm holding 10 000 shares of that that's 87 000 of cash tied up in a halt and then i just have to sit and wait for it to resume now. That was also a risk factor with leds.

Leds is up today with no apparent news. Both of these have slightly higher elevated levels of short interest. Higher levels of short interest can generate short squeezes and i think that that's kind of what we're seeing here, but there's still certainly risk with trading these types of stocks, with no news and leds has a shelf registration. So at any time we could get news of a secondary, offering.

I did pretty well on this one. This trade right at the open was the first. Actually sorry it was um, so i did two trades on it. One was right in here, so this stock broke through this yellow descending resistance line it broke through.
It then came back and retested it at 24.90. It bounced off of that level and then squeezed up, and i didn't have the courage to get in it as early as i should have. So let me show you um, where this did that break out. Let me just back this up here for a second i'm gon na.

Do the one minute chart. I think i have the line drawn already all right so right here so right here i was hesitant to be a buyer, because i saw this descending yellow resistance line. It broke above it, okay, great. It then came back down and retested.

It right here hit a low of 24.79 and i had my hand on the buy button for 3 000 shares thinking, i'm i might maybe. I should just jump in this right here. 25.. It rips right here and i got in at 25.83 now my average was 25.83.

I started buying around. I don't know: 25 30, 25, 40, 25.50 for the break through this pivot and then adding for the break of 26. So my average was 25.83. It squeezes up to a high of 26.65 pulls back drops down, and i take my profit in this area sort of consolidation.

I don't really want to be holding through that consolidation, and then i was ready to get back in and right at the open. We got a break through the hive 2650 and a nice squeeze up to 28.50 to 29.50 to 30, 50 to and 31.44 cents. I made about 31 000 on it and then right on that candle there first candle to make a new high gave back six thousand on a false breakout, stopped out quickly before it dropped down and tried another trade, as it was curling right here, but stopped out Of that one as well, so i gave back about 20 of my profit on leds. I chased the entry and because i chased the entry, i felt that i had to sell quickly, but i i did get green on it.

The second biggest winner today was our med, this one squeezed into a halt right here, uh as it was squeezing into the halt. I made, i think, like 300 or something like that. I had a small winner on it in at 750 out at 760., partial fill. It opens high and i did a dip trade long uh.

Around 790, it rips up to 837 850, took my profit dips down again bought the dip a second time it comes back up to 8 48 took my profit, and then i did not trade through this area right here so our met. I left some money on the table, but i'm green on it, and you owe me i'm up 4.29 4.29. So on this one um, i took a trade in this area on a dip on that red candle as it was popping back up. I got long didn't really pop up that much and i got out basically flat, so that was uhne rhe.

This one was a little bit volatile this morning, but i didn't take any trades on it and then amc i had to hold my hands on. I was watching 57. because 57 would have been, or was the first daily candle to make a new high, actually is 57.48, but i was watching it over 57. The whole dollar, because it popped up right here and tapped 57.
It then pulled back down to 55 37 50, so this is like a dollar 75 pullback and i looked at it. I said i can't manage my risk on this. If i get in my stop is 55., i'm risking two dollars a share. Well, it did go up to 59 and, as you can see, it went up to 59.68.

So i guess i would have gotten two dollars a share on it, but this one moves so quickly. Um you've got 93 million shares of volume. It's just it's a it's! A tough one - and you know what uh i just decided not to overstay my welcome and not to try to chase it, and in that case that i don't know, i left some money on the table. But it's fine uh, hey, i'm green! So i'm walking away green and i'm sitting on the month here of june uh, it's right around ninety seven thousand dollars.

Ninety eight thousand dollars of profit. This has been a so far a great month, so the momentum is picking up. We had some great momentum on friday, some good momentum on wednesday and thursday great action again today. So this is good to see, and i'm sure amc is is helping lead the way a little bit with this momentum, gamestop has been volatile as well.

I did get some trades on it. I think it was one day, maybe last week or maybe the week before but um you know, we've got gamestop, we've got costs, but i always get a little cautious. You know when stocks are moving up with no news. Short interest is good, but we know that stocks are listed on the nic exchange have a higher risk of getting halted, even if it's not for a secondary offering, but just because the exchange halts them and i'm not sure why nicey new york stock exchange has been More aggressive to halt stocks that are up with no news, you know 75, 80 or 100 with no news they'll halt the stock.

They then contact the company and say hey. Can you provide an update on why your share price is up 75 and the update that they usually provide? Is that there's no no material news to account for the move and, as a result, momentum traders who are buying it higher and higher and higher end up getting stopped out as on resumption it flushes hard leds is a nasdaq stock, so it does have um less Of that risk, although this one had the shelf registration, so that's creates its own risk, but you can see the last few days it keeps having these topping tail candles where it pops up and then pulls back pops up and pulls back. That's not unusual, but makes it creates a little bit more risk for trading it. So in any case, this one leds is really having a phenomenal move here in the 30 range.

This is back to the stocks higher than the stocks share price in 2013.. You have to go back to 2012., so all of the times that we had like big moves on leds and made big money. You know that was it never went over thirty dollars. That was down here where it went from two to ten or two to twelve.
So now we're seeing a pretty significant breakout. This is you know it's definitely worth noting now, maybe today's the high and it does pull back. Of course it looked that way yesterday and today went higher. It also looked that way.

The day before and yesterday went higher friday went higher, so i don't know how high it's going to go until they do that secondary offering. You may continue to see short sellers accumulating positions higher and higher waiting for that offering and if it keeps not coming and it keeps the stock keep squeezing, then you know that's where you get into the situation of having a true short squeeze, whether or not that Really happens, i don't know, but i think the short interest on it today. Let's see so our med was at 39.75 percent and less does uh, let's see uh 23. So you know it's it's not as high as um, but it's coming up there so anyways something to keep an eye on as we go through the week, but a good start here today, great start to the week and i'll be back at it first thing tomorrow Morning and tuesday tomorrow is the first day of summer school.

So i look forward to seeing you guys in class and again those on facebook and youtube. You can check out the link down below. If you want to learn more about our summer school program, i will um uh, we'll we'll post that in the the comments or the description, so you guys can check it out and um yeah. I hope you guys have a great rest of the day and i'll see you tomorrow now uh two last things um.

Some might think that gosh russ it's only 10 10 15., the market's still open until 4 pm. Why are you stopping now? I have long believed less is more just because the market is open, for that many hours does not mean it pays to sit here for that many hours. I know that there are some people out there that will continue to sit here for lack of anything else. To do and is very common that i hear someone who says: oh you know i was out doing some errands and i came back at 2 30 and i sat down and you know i kind of took a couple trades and uh well, i ended up blowing Up my account at 2 33 in the afternoon on some kind of low quality setup stock.

It's it's important to know when you trade your best. My metrics tell me that i trade the best uh at the open, and i trade pretty well pre-market and that's because i'm trading based on generally breaking news, uh that happened overnight or early that that morning or based on you know continued momentum or short squeeze. That's you know carrying over from the previous day, so we uh, we just generally see that there's a lot more volume in the mornings and it tapers later in the day. I think traders that make even far more than me most likely at a certain point, just say: hey, you know, what's the point of making this money, why am i sitting here all day long? I want to go out and do stuff so make their money in the morning and then get out and enjoy the rest of the day.
So if you can do that, i think you'd be doing really well so um anyways. That's that's it for me and, as always, trading is risky. My results are not typical and most beginner traders do lose money so make sure you manage your risk accordingly and trade in a simulator before you put real money on the line. Those who are in the warrior pro for summer school you'll have access to 90 days of our simulator, so you can practice the strategies that you're learning this summer in a safe environment, okay, so um with that, i will see you um first thing uh tomorrow morning.

All right take care i'll, see you in the morning you.

By Stock Chat

where the coffee is hot and so is the chat

27 thoughts on “Summer school begins tomorrow june 8th! are you ready?!”
  1. Avataaar/Circle Created with python_avatars Yurie says:

    Can you join the school late?

  2. Avataaar/Circle Created with python_avatars Peter Dejesus says:

    What do you find helpful to Inclue in a stock thesis when going long.

  3. Avataaar/Circle Created with python_avatars Cindy Neal says:

    Good morning Ross !!!! Yay a nice green day !!! & wow you now have 855 k. Subscribers !!!

  4. Avataaar/Circle Created with python_avatars Stocks Now says:

    Check out BMTC, EH, POLA. Nice Demand within these Stocks right now!
    Good accumulation day for the Markets in general. Small Caps being a
    Beast! Best Sectors: Technology and Health Care. Best Industries:
    Software and Bio Techs.

  5. Avataaar/Circle Created with python_avatars High right now says:

    I feel bad for any new trader that doesnโ€™t know about Ross.

  6. Avataaar/Circle Created with python_avatars Mb 63 says:

    That is fantastic ๐Ÿ‘

  7. Avataaar/Circle Created with python_avatars Pedro Rodriguez says:

    I was watching one of your videos where you talk about daily trade with small amount and make the $100 to $500 a day investing overseas in the Caribbean. Can you explained where at please..

  8. Avataaar/Circle Created with python_avatars Bizcocho Dulce says:

    Thanks for the recap!

  9. Avataaar/Circle Created with python_avatars Dave Lewis says:

    You still highly recommend Capital Markets Elite Group Ross? My account has been approved and Iโ€™m about to deposit funds I just want to double check.

  10. Avataaar/Circle Created with python_avatars Gabe Logan says:

    Not ready, but going through the past videos to be ready in following months

  11. Avataaar/Circle Created with python_avatars Reemo Brooklyn says:

    Wake up in the morning, make $31k, then go run errands for the day. THE ULTIMATE LIFE!

  12. Avataaar/Circle Created with python_avatars Kevin Davis says:

    ๐Ÿ๐Ÿ๐Ÿ๐Ÿ๐Ÿ๐Ÿgreat day!! Keep on rollin!!!

  13. Avataaar/Circle Created with python_avatars Kyle Buck says:

    Up $12.5K today. I am so thankful for you man. I spotted a breakout forming on AMC early and got ~$5 a share out of it. LEDS, RMED and a little on UONE. Gave back $2.5K on AMC and called it a day. I have changed my strategy to call it a day if I ever give back more than $500, I was a chronic over trader always trying to get back to height of day. Iโ€™ve learned to take an L and shut her down.

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

    AMC does not seem to be in your wheelhouse. You don't seem comfortable when u trade it . LEDS, that's something right up ur alley, as I learned from u don't force a trade. good work today.

  15. Avataaar/Circle Created with python_avatars Vivek says:

    Great video ross. How did you find LEDS to trade this morning? I only heard about it after it had popped.

  16. Avataaar/Circle Created with python_avatars Clay Housley says:

    Ross. How are you able to take such large share size all the time and so quickly? The level II doesnโ€™t show the amount you get. I know there are hidden buyers/sellers but I donโ€™t even see massive shares on the time and sales. ????

  17. Avataaar/Circle Created with python_avatars Big Nui says:

    Wowwww very Nice ๐Ÿ‘ to start Summer school tomorrow

  18. Avataaar/Circle Created with python_avatars Itamar Santos says:

    Hi. I'm your follower and I've seen your videos and I've enjoyed it a lot. I have learned a lot from your videos. I would like to know about this platform. I liked this platform. I want to open an account at this broker you are using. Could you please tell me the name? Thanks

  19. Avataaar/Circle Created with python_avatars Troy Stewart says:

    WKHS SQUEEZE TIME TAKE A LOOK

  20. Avataaar/Circle Created with python_avatars Gabe Magallon says:

    How can I learn trading from you, I wanna live freely?

  21. Avataaar/Circle Created with python_avatars Socrates Trading says:

    Nice trading today, I was up 4,400 dollars which I was quite pleased with. Great teaching as always!

  22. Avataaar/Circle Created with python_avatars Alex J says:

    You've changed my life through free youtube videos, if I ever see you I'm hugging you

    Hope the summer goes well

  23. Avataaar/Circle Created with python_avatars WallStreetRuler says:

    It's how you deal with failure that determines how you achieve success.

  24. Avataaar/Circle Created with python_avatars Seth Baer says:

    He's talking about trades on the 1 min.. is he doing market orders on these? Is he looking at the order book while trading?

  25. Avataaar/Circle Created with python_avatars Shrew Inc. says:

    How do I sign up fo summer school ?

  26. Avataaar/Circle Created with python_avatars Jonny M says:

    Iโ€™m guessing the two dislikes are red on the day … ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚

  27. Avataaar/Circle Created with python_avatars Milo Hoffman says:

    register link?

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