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Warrior Trading // Ross Cameron // Day Trade Warrior

All right, good morning everyone. Well, it's about 903 and we don't have much on our scans this morning that are looking. uh, that's looking that interesting. So things are a little slow right now, waiting for something to open up, waiting for possibly some breaking news.

Leading Gapper is Gfai up 42 at a dollar 68, but it's a little cheaper. Short interest is a little higher. all-time highs on it aren't too far away if we mark the high there 440.. So an interesting level, but uh, you know, still on the cheaper side and so I'm not really sure about it.

A reminder for those tuning in on Youtube in case you already know, Trading is risky and most beginner traders lose money, so make sure you take it slow, don't overstay your welcome and practice in a simulator before you put real money on the line. Um, you know, I'm sort of sitting here thinking I'd really like to take a couple trades, but I need to find something that looks good and we don't have something just yet that looks really good. Gfai: A little too cheap, not doing much Igms. This one's kind of interesting, but high volume red candles it keeps rejecting.

Feels like not trustworthy. Uh, Dbgi a little on the cheap side, You never know. I mean every now and then something like this will start to open up. But yeah, not doing much.

Um, Rn Db volume is quite light on this one. Looks like it's an acquisition, so that one's flat. Hymc has a tremendous amount of volume. This morning, 40 million shares of volume, but it already hits high at 5 am at 340 and has been pulling back since then.

So this one's kind of. You know it's pulling back, it's It's not really in a place right now where I'd feel comfortable trading it. Brds 100 plus million share float 133 Popped up there for a second and then pulled back. Uh, Nlsn? I believe this was an acquisition, so trading sideways.

Love, Lovee 55 Not really sure what this one's all about, but I don't know. Um, meds meds a little on the cheaper side. 200 moving averages around 350. so that's upside resistance.

Uh, cee. Yeah, this one's Central and Eastern Europe fund. The float is low, uh, but it seems like this would be tied to what's going on in Ukraine, so you know. Obviously, it's dropped substantially if you get an announcement of, you know, a ceasefire or something like that.

So maybe one to keep kind of on a side chart for a curl back up. But I haven't heard any significant news on that right now, so I know there were going to be negotiations today. But um, I didn't see any news headline. I think I probably would have seen something.

So uh, yeah, so that one's probably just one to keep an eye on, but nothing right right at this moment. Uh, reminder. Also for those tuning in on Youtube, we're getting ready. Uh, to wrap up the month of March and start the new month of April.

April is our anniversary month. We've got a lot of things going on, so I want to make sure those on Youtube are on our newsletter so you can get the details and schedule of the things that we're going to be doing in April. I'll be teaching some free classes on Youtube so I want to make sure you guys are in the loop of when those are going to be taught and what the topics will be and giving you the opportunity to give some input in what topics you'd like me to potentially trade or teach on trading. And then we'll also be putting out some daily content.
Morning show recaps things like that, so we'll be emailing you uh, updates as those things get posted. Uh, Amc? Yeah, no, I mean, I no doubt it's a meme stock, right? So this is one that is. In my experience, meme stocks have not been as easy to day trade, but have been, um, easier for perhaps swing trading which is, buy it and walk away and then come back. So that's not the way I trade.

I'm trading a very different way from from that. and you know, I mean certainly money is being left on the table when I don't trade something like this at all. but it just doesn't really fit within the strategy that I'm typically trading to try to day trade these. So if I want to start getting into being more aggressive and just taking a position and holding it and walking away, well, that's you know that's that's fine.

And would I take that position right here after it just popped up a dollar a share? No. I. I'm just and you could say the same thing with Gamestop. You know Gamestop has moved.

Uh, you know 100 points in the last week? Well, you know some go without you and they go with you. They go without you and these ones have gone without me. A reminder for those on Youtube. Everyone who registers or who joins the newsletter today, we'll get emailed a copy of my book titled How To Day Trade.

Let's see if I have a copy laying around here. So copy of How To Day Trade So everyone who's on the newsletter will get a copy. uh, a digital copy. the ebook that you guys can download and read that there for now.

so make sure you register S P 500. We definitely have, uh, the wind at our back on the overall market, which is great. Overall market's been cruising up, which is good. I'm very happy to see that we've reclaimed the 200 moving average.

The meme stocks getting a boost. you know that probably helps things a bit. uh as well. You know Amc is up 100 in like two weeks, so it's pretty pretty incredible how much how quickly these can go up.

Uh, you know Gamestop to really be something I'd consider for day trades because the volume relatively is lighter. This and the spreads are larger At this price range. It carries a lot of risk, so you know, yeah, I prefer 100 in one day. Um, so to have really, really big moves like that, we would need to be breaking some pretty critical levels.

I don't think that that's going to happen, but you know, stocks like Ll, This one certainly gave us some great opportunities in the last. Um, you know the last couple weeks. these are the ones that you know have the potential to move the high. Yesterday on this was, you know, whatever, but this in one day went from two dollars to seven bucks.
So those the type of stocks that I'm going to be looking at more closely costs Koss. Yes, this is sympathy with Gamestop. had its incredible move back here, but but much less. so.

It's um, it is a sympathy stock, but it hasn't had the same level of momentum as the other ones have had in the last two weeks, right? I mean, it did go from eight to ten sixty-four yesterday, but um, yeah, so yesterday's high was eleven ten. But if you're thinking well, geez, Gamestop is too expensive and Amc is a little too expensive too, or I just feel like I'm missing the move, you know, then that's when you could look at something like costs Amc up through 30. Apvo. So kind of getting my charts organized here.

It does seem like this is a bit of a scattered day where you've got this momentum on the on our meme stocks. We've got costs there. I'm going to take a starter on costs and I'm going to add over 11 because it seems to be moving and see so watch costs. uh for the ad at 11.

add it at 1096.. So let's see if we get 11.15 added there 11 15.. now looking for Twenty Five and Eleven Fifty adding at Eleven Thirty Five back of mine target on cost. Can we see a move up to Eleven fifty? There's Eleven fifty and added at Eleven Forty Five.

So actively trading the range on costs watch for a dip adding at 11 32 for the break through 11 50. there's 55. Can we get 65.70 Amc is at two percent gain. Cost is attempt 10 so you can see which one's moving faster.

Gamestop Gme watching as well. so let's watch costs over uh, 1150 on this micro pullback. Bought the dip at 11 33. so looking for the break through 11 49 and 11 50.

holding 3000 shares for right now new order 1150. So in that squeeze I added and then I took profit and then I added back. My average is now 11 13.. I would want to see Gamestop go through yesterday's high if I'm going to keep trading costs and Amc.

So you know a little bit of an issue here. How many stocks can you watch at the same time? High on cost is 11.50 We've got room to 13 54 which is the 200 moving average. Bought the dip at 28 looking for this to pop through 45 and 50. first one minute candle to make a new high, so watching costs for an ad at 11.50 Back to flat for right now 22.

We'll watch for a dip. Added 1098 to buy the dip average is 1102. uh, 1098. I tried to fill but 1102 was 4 cents of slippage.

That's not too bad. Took some profit at 11 22 and we'll see if this goes a little higher. Amc high was 16, 30 16. So if Amc breaks over 3016 then I would look for cost to break over 1155.

New order 1155. Cost is a third of the price and has moved up. Um, in terms of percentage. Four times two percent versus eight percent.
you know? As I said, meme stocks aren't my absolute favorite. but if it's all that's going today and I can get a couple day trades, I'll I'll try. I'll do the best I can. Back to flat.

Looking for another dip on costs about 10 minutes to the opening bell right now. so at the open we'll have Gamestop, Amc and Cos on watch for lack really of anything better on the momentum scanner. We really don't have anything better right now. I obviously do best when we have parabolic momentum.

Amc is not exactly parabolic on the intraday. Right now. it's up two dollars a share. Gamestop? not quite, but Gamestop if it got over 200.

Uh, you know you might see a squeeze up to 225 or 230. it's not totally unthinkable. 250 would be resistance on the daily psychologically, but also at the height of this candle right there? 252.. Nice Lawrence.

So shares of Gamestop available to borrow and are pretty cheap. Amc is hard to borrow. Cost is easier to borrow. They're not easy to borrow.

they're not free, but they're cheaper. So with eight minutes to the bell, we'll watch Gamestop, Amc and costs. and then we'll watch the high day momentum scanner to see if anything else pops up. Target on cost on the daily would be the 200 moving average.

I like I said, I don't love that you've got that resistance there. but Ctrm Ll. Hmm. I have the 200 Ema at 1354 in the Sma at 14.70 Bought the dip again at 1105..

we'll see if we get back up to 11.25 First one minute candle to make a new high, There's 17.. so there's 22. I mean, that's not a bad dip from 1105 for some small profit. I think the question is that if this is sympathy to Amc and Gamestop, do either of those squeeze at the open.

New Egg. I had a nice move yesterday afternoon. I'm not sure if that one's going to open up, but we can keep it on watch just in case. So 30 16 is the level on um, Amc see how it's coming up.

Added back on cost there at 19 because Amc is squeezing up. Watch costs now over 35 and 45. Added 38 on costs for the breakthrough 50 And I'm taking this trade because Amc is squeezing up here right into the open. so our next ad is going to be 45 and 55..

So Watch costs over 11 45 11 50 as Amc is breaking out. so this is a cheaper way added at 45. this is a cheaper way of trading Amc. now.

we're looking for 55 and 65. back to flat for now, we'll let it pull back. watching for a dip added at 1105. there's 11 18.

a little profit at 11 18. Amc the high is 30 50. Gamestop not really following along this morning, so Amc watch for the break of 30 50. So Amc right now is a flat top breakout at thirty dollars and fifty cents only three minutes to the opening bell.

The problem with Amc also is that you have swing traders who've been holding it for a while. who will, who can just hit market orders so you can get these flashes down and they can. It can recover, but you can still get these nasty flashes so that's something to be a little cautious of on Amc. Same with Gamestop.
So at the open since it's it's only up three percent. but at the open you may see some profit taking. and then you can look for a red to green move. So thank you for those tuning in on Youtube.

I hope you hit the thumbs up if you enjoy the broadcast. Looks like we're to have some more opportunities here this morning. It'll be a little tricky, but we'll try to manage risk Amc watching for the break of 30 50 and then to see if that in turn sends costs through 1150 up towards 1175 and 12. holding a small position at 1107 on costs a little pull back there on Amc Gamestop at 188 dollars.

not following along as much. Yeah, Igms which was on our is on our Gap scanner. you know, I'm just not sure. You know, I think it's worth probably keeping an eye on because it is.

certainly. Um, it's the leading gapper this morning, but I don't know if it's going to be clean. The high back there was 21.89 The news sounds good but I just don't know if it's going to be clean. The high volume candles so far have been red so you'd want to see it break this pivot here of like 2080 or what is that? 20 89 and then you'd look for a move up to 22.59 If we could break through that level then that's good cos added at 1108 to buy the dip.

Again, looking for the pop back up to 11 25. These are entries near um, the volume weight average price. so looking for 24 25, we'll see if we get a move back up to 35. back to flat for now: 11.

Uh, dollars. Watching for another dip added it 1101 actually filled at 93. that was a good dip trade so that one was a little bit more forgiving. I filled it 11.93 so I stopped and then added back about seven cents lower.

I could have just averaged down, but then I would have increased my position size if it kept dropping. You know that's not great. So 30 seconds to the bell those on youtube. I will broadcast again tomorrow morning.

I will keep broadcasting for Uh Warrior Pro students. Reminder trading is risky. Most beginner traders lose money. My results are not typical so I encourage you to take it slow, not overstay your welcome and practice this simulator before you put real money on the line.

All right. So let's see um if we get some more opportunities here at the Bell, we've got 10 seconds to the opening bell. Watching Amc cost Gamestop and Igms.

By Stock Chat

where the coffee is hot and so is the chat

3 thoughts on “Ross’s live day trading morning show”
  1. Avataaar/Circle Created with python_avatars Eric Atwood says:

    Did you get caught in that rejection after the open? I did.

  2. Avataaar/Circle Created with python_avatars Allen magnus Reece says:

    KOSS sell at 11.40–11.60

  3. Avataaar/Circle Created with python_avatars Older Wiser Better says:

    Hello from Virginia 😁
    Doug here .

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