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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 #premarket #daytradingstrategies #tradingstrategies
Warrior Trading // Ross Cameron // Day Trade Warrior
All right. Well, uh, it's about 902 and we really don't have a lot moving. I took a quick trade on agri there but it's already pulling back. It only went up like 20 cents.
so kind of A and just uh, you had some news there at 9 00 a.m It was already kind of moving higher and then the news pop comes out. It pops up a little bit more. The problem is, it's just been a bit more thickly traded. so um, stacked level two? Big sellers on the ask, big buyers on the bid.
just very congested, not opening up, not moving quickly, so I don't know if it's really going to give more opportunities. I mean on that, you know you had a million shares of volume and two candles and only went up 30 cents. So not really a fast mover. Uh, going down this top of the Gap scan this morning so you know let's start high level.
Um, thank you for those that are tuning in, perhaps for the first time to the morning show. So uh, and appreciate you guys hitting a thumbs up always makes a huge difference for the channel. So what I do each day is I I, It's really the same. It's kind of like just same exact routine.
I sit down and I look at my scanners. These are the scanners that I have a development team that built out for me. They are searching the market in real time for the type of stocks that I like, so that makes my job pretty easy. I don't have to do a whole lot of research, I just have my scanners here that tell me what to look at.
So the leading gapper is Gnus. Now I keep my scans. Some of them are filtered very tightly and others are a little thinner. This one's it's coming up.
It's got 300 million share float Agri. This one actually just gave you first one minute candle to make a new high. But note, the volume on this candle right now is a little on the lighter side. It's appearing at the moment to be a double top.
Your entry could have been uh, 27, but you'd only be up five cents on that entry at 32, so it's not. You know, it's not a huge winner there. Um, you know those of you who have watched me trade quite a bit over the years? I mean, you know, we've seen some stocks that have moved fast and you know we'll rip up 30. 40 50 cents a dollar? Two dollars.
Five dollars a share. That's not going to happen on Agri, so you know I'm already kind of losing interest on it. But we'll see. Maybe I'll take another step at it at some point.
I don't know. it's up twenty percent. So Dpsi, that's our second leading gapper. What a chart.
This thing at four in the morning squeezes all the way to twelve, fifty thirteen and then comes all the way back down. 50 down to 6.25 What the heck? 200 moving average Looks like it's around 12.25 It's just the chart. Pre-market is really a mess so we can look at the what the headline was. Um, you know the headline came out uh, 1 a.m So that was a time where the market was closed.
so as soon as the market opens at 4 a.m it starts to pop up. Revenues increase 22. Okay, earnings of six cents per share soaring 200 percent year over year. Uh, beating the estimate of 20. So this is the earnings: Revenues increased to 19.7 million. I mean, the fact is, this is still a small cap company and the chart is what's telling us that it's not set up right now. It's pulled back too much. So then we've got agri, which we've already talked about pulling back right now.
Ncmi 62 million share float Tffp not much volume, not much to work with. There Mx not doing too much. I saw pik there, I think it just dropped down off the scanner. Um, so you know we're sort of sitting here at 906 without a whole lot to trade.
Once again, this is, uh, this is where we were just, uh, you know, yesterday. but uh, and Monday. But we did find an opportunity yesterday and we may find, um, a couple more opportunities today. Let's see.
Um, All right. So 907 right now? that video is in the Lms The Learning Management software. Yup. so you can check that out if you wanted to.
Okay, Lms, the Learning Management software. So if you go into your members dashboard, go to your members dashboard and then go into view courses in the education portal. So the uh, I'm I'm not sure. I think you were asking about the class on market makers and algo high frequency trading that's in uh, chapter six of the Warrior Pro course in the small cap day trading course.
So this is the time to sit patiently and wait for good opportunities. No need over trading if there's not anything that looks good. Okay, so Gnus still at the top of the scanner. 300 million share a float on this one.
200 moving averages at 109. Bit of resistance there. Rdbx continuation. Yeah, it's still below the 200.
Hey Jonathan, welcome, Thank you Good morning. So we've got about 15 minutes to the opening bell. about 14 minutes the opening bell right now? Good morning? Yes. Yep.
So Vero was on a continuation scan. hit a high yesterday of 1720. Right now, it's under the volume weight average price. The pivot is at like 1594, which is quite close if it can break that level.
See a little bit of volume coming in there at 85. you want to see if it's going to break through? We don't know there might be a seller there in the 90s. Your chart showed a pivot at around 1670, so that's an important level that you would want to see break ultimately. so you can see a little volume came in there on Vero As it's approaching the volume weight average price.
I'm going to take a starter there at 16. as it breaks V-wap and then my ad is 16.25 and looking for a move up to 16.50 So this is a break of volume weight, average price setup. Looking for 16.25 to break added at 16 24. So then I take a little off the table at 36 to protect myself and manage risk the entry There was a break of volume, weight, average price, a little extended getting in at 16 and adding at 16.25 We do have room to this pivot, but let's just draw this line here and make sure we're aware of the descending resistance that we might be facing. A little bit of descending resistance in this area still holding 1400 shares at 16.05 the high of this candle is 38. New orders at 38 to add watching in this area. Bought the dip at 27. now looking for the break through 1635 and 16 40.
I want to see if this candle closes green but it closed red so I'm selling the position at 30. it's a red gravestone Doji that right There is a reversal indicator with a high of 38.. So on this stock the volume was increasing. As you could see right here in these candles, volume was increasing, volume was increasing and then I got in at a technical breakout spot which is the break of the volume weight, average price.
The high there of this previous candle was 1594, It tapped 94, it pulled back, it came up to 97 and then I got in for the break of 16.. we got that squeeze. I added 16.25 took some profit off the table up to 1630, added back on the dip at 16 24. thought I might add at 16.38 but in that case what ended up happening was that candle closed red and it's It's a topping tail.
You can see it's a topping tail and higher volume. We do have descending resistance, but that's up around 16.50 We have 17.50 as a daily Target so we may get some more opportunities on this, but we'll see hi that candle is 1638. So now we have three candles in a row that are uh, red. The low of this pullback was dollars and ten cents added back there at 16 20..
I'm trying to anticipate the first candle to go green and then see that seller that you have there at. um, as soon as I got in, there was a seller so I went flat on that position. The seller was like 50 000 share. no 39 000 shares right there at 25.
So while that may be someone putting out that order to scare traders away, it's a large order. It's a three hundred thousand dollar order so you don't really love seeing that. So I added at 20. I got a partial fill at 22 and sold the rest of 18.
Which actually makes that like, probably, uh, 20. That last trade was like a 20 winner. That does signal that they're traders out there with larger accounts that are watching this someone with the buying power to put out a 300 000 share sell order. Does anyone know the short interest on Veru? It's only up four percent today, but it's a continuation stock.
We'll see if that seller gets bought up. If traders step up to the plate and buy it up, then okay, I'll I'll buy two. I'll look for the break. So short interest is a little lower than it was I think a couple days ago.
So 39 on the ask 38, 36 35 So some people are buying there now. The risk you have on this is we've only got five minutes, the opening bell high volume is right now on a red candle and that candle is closing now. Which means we have a high volume red candle and what is the candle shape? It's a doji. so that's a reversal indicator. So now we have two reversal indicators. one on the one minute and one on the five minute. So technical analysis on this is saying sit back and wait. So that's what I'm gonna do.
I'm gonna sit back and wait. We've got four and a half minutes. The opening belt pik moving up a little bit. Uh, the high was 42.
I see that. Uh, it's a possibility you can see some green on the tape so I added there at 41. I got a fill at 38 and 45 on Pik and now I want to see if we have green on the tape and I can add through 47 and 48 added at 50 for the break through the half dollar. And now I'm looking for a move up to 55.
There's 51, there's 60.. So watch there. There's 67 57 taking a little profit at 57. this is a small trade.
It's a smaller position now. New order. There's a seller at 55. hi, this candle is 62.
new orders at 62. 5, 000 shares ready to go with 62.. So this is a My this is a one minute micro pullback high was 242. Micro pullback pops up there 262.
This is the classic micro pullback setup. Watching in this area, this could represent another micro pullback, but you have a larger topping tail taking the rest off the table for right now. So uh, some of you guys may have missed. uh, those on streaming on Youtube You may have missed.
uh. my micro Pullback Micro Pullback Pdf download. You can download it right here if you want to learn more about the micro pullback strategy. It is one of my favorite pre-market strategies.
Uh, maybe I'll actually do a video on it, a short video. But in any case, Uh, check out the Micro Pullback Pdf lesson right there. For those that have been tuning in for the morning show, I hope you hit the thumbs up. Really appreciate It Does make a huge difference for the channel.
We've got about two minutes going into the open right now and I'm sitting at five thousand, three hundred, eighty four dollars, and Ninety seven cents. No, my results are not typical. Yes, trading is risky. There is no guarantee that you will make money as a trader whether you learn from me or you learn on your own.
So please take it slow. I encourage you to download the Micro Pullback Pdf if you want to learn a little bit more about uh, how I take trades on these fast-moving stocks. And if you want to learn more about me trading pre-market I'll put a link to the video that I just did yesterday. Let's see.
Um, I'll put it right there for those streaming on Youtube. So right there you'll see a link to the pre-market Trading Strategies pre-market Day Trading Strategy. So check that out and check out the link down below for the Micro Pullback Pdf You.