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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. 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
All right everyone. so it's about 905. kind of a slow morning. so far, I haven't taken any trades yet.
Uh, we had the news earlier on Twitter. Elon musk. Um, an offer to buy out Twitter. but you know I I'm not.
uh, not trading Twitter. I don't really have much interest in that. so leaving that one alone. uh, we've got Veru V Ru.
This one has, uh, you know, it's certainly been volatile. It's given some opportunities, but again, I'm not really all that interested in it right here. It's below its descending resistance line. or sorry, ascending resistance line.
It's had a red doji on the five, so just right now, it's not you. While you could if you wanted to buy this dip at the volume weight, average price. Um, you know you can see right there it's it's at ascending support, so you know you could do that. But the problem with this kind of entry, especially when it's your first trade of the day, is that it lacks conviction.
You don't know if it's going to bounce. it might just keep going kind of sideways. so you know, I don't know. And it already tried to bounce on that last candle.
Where's my mouse? Um, right here it went green. Or when r uh, ended up popping up and then being red. So popped up just for a second. but it couldn't even hold that level.
So yeah, at the moment, I'm not really, sure, um, that I can take any trades on Veru, but you know we'll keep an eye on it. We'll see you never know, maybe something will pop up. Uh, reminder of a couple things. Number One markets close tomorrow.
So today's our last day of the week. All right Markets closed for Good Friday, so we've got a market holiday tomorrow. I'll be back at it on Monday. So today is the last day of the week, and since it's our Friday, it's often the case that Friday's don't have as many headlines that are really positive.
You know most companies are going to try to put out good news early in the week. get traders excited. Hopefully it results in people buying the stock et cetera et cetera. So you know Friday is a better time to put out some, uh, not as good news and hope people forget about it by Monday, Especially Thursday before the long weekend.
Um, so yeah, that's kind of. Um, that's kind of a factor, but you know, wild card Fridays are also a thing. Sometimes we get some surprise moves so that's not impossible by any means. We could see that generally if you're hearing an echo it's you got to refresh on your side.
I mean, every now and then I'll have something kind of screwed up with my mic, but usually pretty good about that not happening. See, close some of these windows. All right. let's see.
So does anyone have anything on watch that? Maybe I have missed? Yeah, so Lex, Uh, this one unfortunately is below its 200 moving average. It popped up there and I saw it, but I didn't jump on it so I left that one alone. No trades on that one. Gns yesterday pulled back a little bit.
Dlpn? Yep, it's on the scans below the 200 as well. 200 at 7 17 though, so it's a ways off. We have some room ater Twitter? Yep, well. they're obligated to their shareholders if there's material information that they do have to post that Twitter board meeting at 10 A.m to discuss Elon Musk's takeover offer. Sources Tell Cnbc good morning, Trey. Hang on one second. Okay, you all right? So yep. still sitting here.
No trades yet on the morning? Uh, Lucas? Yeah, uh, it can. Yeah. Recording can definitely make your uh, your system lag. You've got to be careful on that.
You can adjust the settings though. uh to use less uh, Cpu? Well to you to make a smaller file. Things like that Rcmt Bureau Hymc. So when I have a small account like if it's a 500 000 account yeah, I put I personally put the whole thing on each trade.
Uh, you know your your risk profile of trading with one tenth of a position size or one one tenth of a count size isn't going to work with a 500 account. So that's that's just the risk you take if you're going to trade with that type of account. Fiber I use fiber. I have fiber internet but you know, when I'm traveling I'll trade on cable or you know, whatever Dsl, whatever whatever the hotel has and then I'll just have my hot spot, my mobile hot spot as a backup.
Uh, but yeah. so we've got about 14 minutes to the opening bell here. Thank you for folks tuning in for the morning show on uh. Youtube.
I hope you guys have hit the thumbs up and subscribe the channel. We've got a bunch of recent videos that have uploaded which hopefully you guys have been enjoying. Warrior Students We've got some new videos that we uploaded for you guys as well. Check the announcements tab and you'll see what's what's coming.
Uh, for you guys. Also, uh, warrior students look forward to an email on Monday with some updates of what we've got planned for the next couple weeks. we're going to be rolling out some new stuff for you guys. We've got some new scanners we're working on.
We've got some enhancements on the chat software so some things some things coming along soon. So if I was going to do a 500 account right now, I would use Cmeg. I have my uh, I do have a Cmg account right now and although I'm not trading in it on a regular basis, I do have the account set up and I probably wouldn't use their software for charting, but I would use it for order execution. You? okay? the Vero pivot there is about 5 75 but I just don't know.
You just see how it trades right? You can see how that's a pivot there at 75. Okay, why won't I buy Gns? Well, right now, it's um, pulled back a little bit. I was okay with buying it on day two, especially as it started to squeeze up right there. It was moving higher.
But it's not moving up really right now, so it's not really doing anything that interesting. and we've only got eight minutes the opening bell. so I know what I'm looking for. But I'm not seeing it right now. I'm looking for something moving pretty quickly. Moving up. That's what I like to trade. That's where I do the best.
If we don't have anything squeezing up. there's nothing I can really do. I just have to wait and be patient. How can I trade Rite Aid? Yeah, floats too high.
It's just historically not been a stock that's really given big moves. This is Rite Aid. It's just. it's not not the one pretty positive on that.
You have institutional traders on it. Also, more Algos. Yeah, I see that on Gns. You've got an order for 79 000 shares at 2060 and another order for 40 000 shares of 2080.
Another 10 000 shares of 2090.. So you've got 80 plus 40, 120, 130, 000 shares. And then look at these orders going through. There's another really big order there.
A sell order 11 000 shares. So is someone selling? What are these? These are orders going through the tape, but not sure how they're going through the tape. Yeah, and you can't even see if they're buy or sell orders because they're between the spread. but off market? Yeah.
Dark pool. Probably very possible that it's an insider taking some off the table. I'm gonna leave it alone. Yeah.
and there's another two other orders, another 37 000 share order, another 40 000 share order. So big orders going through. No, I am Craig. Nope.
I don't like Rite Aid. Not not a stock I'm interested in. So here you know if we're going to look at our Gap scan this morning: Leading Gapper is Crxt. It's a dollar 30 cents.
It's cheaper stock. It's below volume weight average price. Second leading Gap are Atom. This one is a joint development agreement, so there's some news on it, but it doesn't have a lot of volume.
It's not really moving up that much and it's below. it's pre-market high, so it's just. um, it's just not not positioned quite right. Uh, Rite Aid? Imte.
Yeah, uh, I see that. So you know that on this, you've got your 200 moving average up here. Yesterday's high was six, Six dollars. Um, you know I was looking at this last couple days for a possible bounce.
So yeah, I see it popped up a little bit there up to 540. uh yeah, I see it. Volume's a little light. it's on short sale restriction.
It'll be a little harder to short shares available to borrow. see what the price is? Uh, it's not too expensive four cents so I don't know I it's just what a chart I mean What? It's been beaten up so badly, you know what I mean. So I'll add there. Let's just see if it wants to go up to 85.
Added 85 and actually just realized I gotta switch to my um, retirement account. So I'm gonna switch over to my retirement account and add at 85 for the squeeze up to six. It's a daily reversal. Added 85 there retirement account next ad is 95 for the break over six.
Let's see if this wants to pop through six dollars so high this candle there is 95 watching here added at 570.. now looking for the squeeze over six dollars on Imte halt level up would be 636.. so it's not impossible that we could see a halt up on this. Let's see what this wants to do. Watch over 75 and 85. Bought the dip at 559 on Imte. now looking for 75 and 85 but going flat on it. So down 2600 my main account up a little bit in this account, but yeah, down like 1800 between the two trying to trade in two accounts at the same time.
So right in my retirement account, green in the main account. I'll focus on the retirement account for the rest of the morning. I would leave an order for First Daily Candle to make a new high 661, but we'll see so a little bit of Chop this morning. The Lpn is below the volume weight average price Veru selling off.
What I would say about Vero is it might be worth watching for like a red to green move, but we'll see so right now you'd want to see it back over 15. So quick long there on Veru for 15.25 and let's see if we squeeze up to fifteen fifty eighty eight dollar loss on a flat trade Looking for First Candle to make a new high high was 18.. So all right um, folks on Youtube. I'm gonna end the broadcast here.
We'll keep streaming for uh, warrior students. So as I'm sitting right now, I'm let's see down 1900 on the day, Green in my main account, right on the retirement. but it's still early so reminders always. Trading is risky.
Most beginner traders lose money. My results are not typical so take it slow and we back at it first thing tomorrow morning. Uh, Monday morning. Added back on Veru there looking for 75.85 The Chop holding 700 shares bought the dip at 88..
So look at how choppy that is. So uh, small gain on Veru. We'll watch to try again, but I'm going to try to trade in the retirement account you.
Today red day …small red is okay slow
LEXX heated up for some nice trades 👍