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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/
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Warrior Trading // Ross Cameron // Day Trade Warrior
So it's a little before 9 a.m here and leading gapper is abdl Abdl this morning is gapping up 40 percent. a pretty strong sell-off as you can see from 682 down to a dollar and rallying back up off the lows a little bit. Shares plummet on delay for sleep disorder drug. The float is 57 million shares if we sort by volume.
it has the second most volume pre-market so that's good. but it is also on the cheap side with a higher float, so it doesn't really fit into my criteria of being something I'd really like to get excited about or think has a lot of potential. so at best it's probably base hit with large share size. I'm not super interested in that right now, so that one I'll just put on the side as a maybe we can come back to it if it starts to open up.
The pre-market high right now is 1.58 The second leading gapper is only up 17 Rrgb, so this is not a very big gap. The daily chart on this one, it's sold off for a while, it's curling back up. it is under the 200 moving average 200 is at 17. So it does have a fair amount of room, which is good, but it doesn't.
I don't know. It doesn't strike me right now as being especially exciting. Uh, robin Gourmet Burgers. You know it's usually the biotech stocks where we get really good opportunities.
you know? I. I don't think that this seems like the right sector. So right now passing on that one, Acet. This is Bio.
so this is back into the area where we get some good action. Positive clinical update. Uh, but you could see I had a pre-market high of 13.68 is pulled back down to 1125 or 11.65 the 200 moving average. Yeah, it's a 13 18, so that one is, uh, it's under the 200 so I think that's a problem there.
Next one down is D T C. This one is, uh, sort of interesting. Blue sky is above 23.39 Floats 14 million shares. It's got a bull flag pre-market you could see how it popped up.
It's in consolidation, so it's in a wedge right now, but it's got pretty light volume. If we look at the level two, we can see whether or not it's easy to borrow is not easy to borrow. It's a nicely listed stock, but it doesn't have much volume here today, so I don't see anything super exciting on that one. O-n-c-t 48 million share float 92 cent stock.
That's a bit too cheap. Dell, higher price, higher flow Enob. We've got about three minutes till 9 A.m 200 on Enob is at about seven dollars, so we're underneath that level right now, which is not as good either. S-i-g-a Well, it's uh, so it's right here.
It's up eleven percent. The thing is, it feels right now that it's on the back side of the move, right? We had this, um, sort of big move up to 14 and then a sharp pull back so I don't really know that you're going to get a nice bounce at this level. Not sure right now. not really super interested, but you know we'll see.
Yeah, Siga, Um, it's got the Monkey Pox catalyst, but I don't know. Pre-market high on it is on a high volume red candle at 10.97 so there's 9 Am. Reminder is always that trading is risky. Most beginner traders lose money and my results are not typical, so I encourage you guys to take it slow. Practice this simulator before you put real money on the line. And because we don't track the typical result of traders in our community, we can't make any guarantee that you're more or less likely to be a successful trader. So please approach trading with caution. Reminder: We have a long weekend.
Markets are closed on Monday for Memorial Day, so we'll be back on Tuesday. Overall, markets moving a bit higher, which is good to see, but we're still below the 200 moving average. so we had a bit of a bounce yesterday. We sort of broke this steep channel the steep downward channel that we had been in, and this morning we're up at 408..
Yeah, so markets closed on Monday, but then it's open the rest of next week. No real interest in Gov X down here. Setup doesn't look that great. Rdbx is pulled back a bit too much.
I'm surprised Rdpx is curled up even that much there, but volume is lighter. Leading gapper this morning is abdl it's up 44, but it's a cheaper stock and I don't usually like to trade these cheaper stocks. The float's also 57 million shares, which is a bit higher. so although it has relative volume, it has news and it's up at least 10 percent the float.
The price and the position of the daily chart leave me a little cautious on it. Your pre-market high there is 58, which it's coming up to now, so there's 59. The last time you were up at this level you had a a doji candle or a topping tail, but I just don't think it's going to give a big move so I don't really feel like it's worth the risk. At this point I'd have to take 15 20 000 shares to make a decent amount of money, and I don't even think I would get 10 cents on it.
So if I was in there at 58, I'd be up 5 cents here. Which you know with 20 000 shares is a thousand bucks. but that's five cents on the ask. it's four cents on the bid.
there's twenty thousand share sellers, and then that's three cents, so we'll see if more volume comes into it. Gamestop? Uh, Gme from the move yesterday. Yeah, well. ended up reversing, uh, a bit off those levels.
I don't think I have any interest in that right now. Foreign foreign Foreign? You About ten past nine here Dollar Tree yesterday. Yeah, I mean, the thing is, most of it was this pre-market and it was grinding a bit higher. But yeah, did get a nice move you you? hmm to you? you? So yeah, I'm just kind of sitting tight here.
nothing really moving. You swtx down 47 percent. So we've got about 11 minutes the opening bell. no trade so far, pre-market nothing's really moving.
not in a very interesting way at least. so we'll probably just sit tight. and if nothing ends up opening up, then we'll wait until you know, 10, 10, 30, 11 see if something does start to move. But abdl you know opened up about 10 cents. 12 cents. could have traded that but did an onct Rrgb. These are a very low, uh, volume, low percentage gainer stock, so not too interested in these ones right now you you you? About eight minutes to the opening bell, you took a starter of 600 shares on Bhat. it's up on the Gap scanner.
It's a reverse split setup so let's see if it breaks 255 256 sold for 100 of profit. I'll put a new order at the top. This one I saw as it moved up the Gap scanner. the high is 258.
Volume is pretty light. It's a reverse split. 200 moving averages at 4 87. high volume on a red candle Pmvp.
We'll see if it opens up over 16 17. So setting up a hundred dollars right now you abdl still the leading gapper, but um, the high was 73. you could just tell it's a more thickly traded stock, so I don't know. It seems like a slow morning.
We'll wait to see if something becomes obvious, but I think the game plan here with about three minutes to the open is to take it slow, look to see if there's any opportunities, and then if we see something start to open up, then I'll focus on that through the opening range. All right. So that's the game plan and I'll be back at it those on Youtube first thing on Tuesday morning. Remember the markets closed on Monday, but we'll see you on Tuesday.
Thanks for being tuned in and appreciate you hitting the thumbs up and we'll be back at it after the long weekend.