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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.
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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.
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#daytrading #warriortrading #rosscameron #stocks #learntotrade #premarket #daytradingstrategies #tradingstrategies
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, let's see, it's about almost 9 15. And um, sitting down here looking at the scans this morning have already taken some trades. We had some nice opportunities on I N N, which is currently up eighty three percent and I'm about halfway to my daily goal.
Daily goal is about five thousand, so you know I'm making my way there. Five thousand dollars? A million dollars a year? That's kind of what I aim for. Uh, you know that's sort of like at this point it that's adjusted for bear market. but that's what I would like to.
I'd like to finish this year with a million dollars in profit and um, we'll see. I'm you know, I mean we're halfway through the year, we'll see if I get there. Maybe we'll come in a little shy, but at the same time, uh, if we end up rallying, we know once the market starts to rally, we can still be down. You know, 20 off the highs.
But when we start to stare, stair step back up and we rally back up. From that point forward, we're gonna have some really good opportunities. So I don't know when that's gonna happen. But uh, you know.
In any case, so market right now, it's kind of. you know, hanging out above this 362 level. we're holding on there. Um, overall Market? you know, not too bad today.
sold off yesterday but then curled back up. Iin is the one that I've traded the most. so some good opportunities so far. We'll see if we get some more.
a reminder for those tuning in for the morning show on Youtube. In case you didn't already know, trading is risky and most beginner traders lose money. And furthermore, my results are not typical. so there's no guarantee you'll find success whether you trade on your own or you trade with me.
So I encourage you just to approach this very cautiously. Take it slow and don't overstate your welcome. So in this market it's get in, get green, get out. It's very easy to overstay.
You're welcome to end up going red versus commissions. Certainly if you're with a commission broker like I am, so I encourage you to take it slow. Uh, for those of you guys that want to keep learning, um, we can. we'll post the link.
I I was out sick yesterday. I'm I'm obviously not better but um, I I am here today. Um, but since I wasn't here yesterday, I was gonna remind everyone yesterday that our Fourth of July sales were ending yesterday. So I asked my team uh to extend the sale just through today to give folks that are um, here on Youtube a chance to join us if you'd like.
All right? So we are extending it here and now this will just be for, uh, really. last call For those of you guys on Youtube that didn't already know we were running the sale and it's on both the Warrior Pro and the Warrior starter. So you could join the Warrior starter for 598 versus the 997 normal price say 40 and that'll give you access to the Starter class. and then you can be in the chat room uh, and listening to my broadcast and everything else.
Or you can do the Warrior Pro whatever you'd like. All right, So not for everyone, everybody obviously. Uh, but for those that want to learn my strategy and trade side by side with me. Okay, so let's see. Um, hey, good morning Manoli. So he's looking at Eose. I looked at that one. Um, it's nice breaking out there, pulling away floats a little higher.
51 million shares, but um, you know it. It's a probably a little bit more of a grinder. It's an energy stock iinn at the top of the scan. Um, pre-market high is 243 and we've got 200 moving average at about 261..
And now we've pulled back about 20 cents off that level. so it's not in a perfect position for a trade at this moment. I hope maybe it'll um, it'll it'll bounce back. Uh, get back up a little bit, but we'll just have to see.
All right. So yeah, so that one is a little bit of a a maybe Right now it's forming a five-minute pullback. I mean, if you look at this level of 21, this was our previous resistance, right? Or it was resistance. Now it's come back down.
Is it showing us support? below is 21. maybe, but it certainly is. trading pretty thickly. It seems like much more than a 5 million share float, and so I would sort of attribute that to some type of algorithmic trading.
or I might even. I might even wonder if some institutional trader has been tasked with selling a ton of shares because I'm trying to understand why there are so many big sell orders. I don't look at that as bag holders. You know, bag holders.
You can't. Um, you know you can't. I mean, you could have orders that you put out. you know to sell, but you'd have to actually be getting up.
And you know, putting that order out there. And the way these orders are moving around, how quickly they're moving around, that doesn't seem like retail traders placing those orders. It seems more like, um, sort of like an Algo or something like that. Institutional traders? maybe.
But I'm I'm a little unsure about this price action. So we've got 10 minutes to the open. The high in that candle's 32. Like I said, it is a five minute pullback retest of 21, which could have been a nice dip.
I suppose you'd be up 10 cents now off of 21, but is it going to be able to get back to the highs? and with the 200 moving average being right there, I'm not sure if it will. I think it'll probably pop up a bit, but I just don't know how high it's going to go. I mean, it might only pop up like five cents. so you know I think from a um, you know, a perspective on day trading, we look for volatility.
We want to be aggressive when we see opportunities, but we also don't want to overstay our welcome. So I've gotten myself halfway to the goal today in a pretty cold market, all things considered. Um, you know I may want to just call it a day at that, but you know, if if this didn't have the 200 moving average there, I'd be more interested. But it's got that resistance. So let's see Um, Kzia a little further down the gap. Scan for a 13 million 14 million share float priced at 475. Popped up here to a high of 529 and then pulled back a bit. Works is a bit cheaper, but if it broke over a dollar, you could get that squeeze.
You know when they get over a dollar dollar five dollar, fifteen halt, move higher. But dollar 18 is the 200 moving average so that's kind of close. So hopefully some of you guys were able to tune in. or at least watch my Q A session that I did on Saturday.
Yeah, I mean, let's see, I can open up. Uh, I think our swim account here for a second. So I sho 200 261 is the 200 on thinkorswim. So two two are providing the same number.
I think that that's trustworthy. so I think 261 is our 200 moving average. So if you see 199, I think that either I don't know, your market data's wrong or you've got to check your just check the settings on your 200. So we'll see what the market does in this area.
I I would say we would need to break over 393 to be stair-stepping back up. This is a step down, right here. but it could, just, you know, step lower. You know, sometimes when you're stair-stepping down, you know you might pause here for a moment and then then go lower.
So obviously there's a lot of recession concerns. Um, and you know, considering the technical definition of recession is two consecutive quarters with, uh, declining Gdp, we may already be in a recession. We're waiting on Q2, uh data to come out. So it's very possible we are.
But it's as you've heard. I'm sure people talk about it's an unusual recession because unemployment is very, very low. and really, it's a manufactured recession. The randy The recession has been manufactured by the Fed and they've done it to slow down inflation.
Uh, you know, and part of me is like, i don't know. I mean like, okay, so inflation is high, but that's because we have a strong economy. There's a lot of demand. people are making money.
They're working so they can buy stuff and pay more for it. If people are paying more for it, then won't the supply chain naturally pick up to sell more of something at that higher price? I mean, I don't know, but there's just it's like the housing thing. It's just gonna take years before houses get built, uh to create more supply to then bring the prices, maybe down a little bit. So instead it seems like the Fed is thinking maybe a recession's a good idea, So I don't know.
It's kind of interesting, but um, we'll see what happens, so you know right now that's kind of. I guess waiting on some of the data from Q2 and waiting, uh, to see what the Fed does moving forward and what recession or what inflation numbers look like will be big kind of signs for what's going to happen the rest of this year on the market. So we've got about four minutes to the opening bell and um, iinn still interesting and you know for what it's worth, whether we go into a recession or not. I think that this recession, uh, will be very different from the one that we had in 2008 2009 and I think for traders, as soon as we start to rally off the low, we're going to see some really good opportunities to the long side, so I'm not really worried about. I've been trading in a Bear Market now for the last six months and I've you know, I've been making money so I'll make money. Whether the markets are red or green, I'm That's something that I'm really happy about as a trader. That ability. Yeah, I'll make more when the market's really strong because I'm a long biased trader.
but and and small caps are more volatile when the market's really strong. But you know it's fine. Well we have ups and downs and I'm I'm along for the ride on it. This is a good time to learn though because if you're learning in a cold market you could trade in a simulator.
You can prove profitability in this market. Then you're setting yourself up really well for when things start to heat up. so I would encourage encourage you to stick with it. Keep practicing the simulator All right.
So Warrior, starter, Warrior Pro members, we're going to keep trading here at the Open. We'll keep looking for opportunities halfway to the daily goal for me with pretty good accuracy. Today on Iinn, winners have been nice, losers have been very small so I can. I can work with this and uh, we'll see if I can make my way up to 35 4500 5000 before I call it a day.
but um, we'll see what Iin wants to do and then we'll just watch the scanner to see if anything pops up and gives us a surprise reminder as always for those tuning in for the morning show. Appreciate you guys being here, appreciate you hitting the thumbs up and I want to remind you as always that trading is risky and that my results are not typical. So please take it slow, manage your risk trading a simulator and we'll see you uh tomorrow. If you didn't already, check out the Qa session that I did uh on Saturday, I'll put the link uh, the video right up here.
You can check out that Qa session.
5k a day… MY BOY EATING!!! I love it. 💪🏾💪🏾💪🏾
<I respect your work mate, It blows my mind how some people are still treating this like a buy the dip scenario. Trade a small percentage of your portfolio rather than going in and out every couple weeks trying to time the market. The market is very unstable, all thanks to Jostein Morcant, for his amazing skills for helping me to earn 18BTC from 3 BTC through day trading.
Thank you Ross for all you do to help amateur traders like me. I have not been making much because I switched to blue chips and I have a 9-5. But all June I had green days but three days. This month I have been green but today I almost gave up all my profits by trading a 2nd time but got out quickly. My daily average has been between $200-400 but today I made $96 because of my greed…another lesson learnt. My first trade was flawless and I shouldn’t have gone back.
feel better soon Ross!
That seems super high for trading Classes as most Americans can’t afford a 500$ emergency, and then have enough to play with on the market or using a simulator while doing the side by side class until they figure it out while working a 9-5 not having every Dayoff during trading H ours
I made 10$ )
I don't think the economy is "booming" like the administration says. People found ways to make money at home during covid, therefore low unemployment rate doesn't speak into a "booming" economy. Inflation wasn't due to a great economy, but the direct result over printing of money during covid. Low supply chain issues tight everything together. Yes, we are in a recession. It's reflected in the sluggish retail markets. But like you said, bearish or not, you can still find ways to make money in the stock market.
Hi, do You have any videos for crypto traders? BTC , ETH. Please, point me if you have. Thank You
Morning coach
You're great, but I don't understand😂
Hi, Ross! I hope you get better soon. ✌
VERU was the play today. Hope everyone got green
Hi Ross!
New member here!
Sorry to see you're still sick buddy! Thanks for pushing through and going to work anyways- you set a great example for me and new aspiring traders alike. You're a great role-model – I really admire you bud.
Thanks for being you, Ross! ..hope you're feeling better soon!
IINN 💵💵💵👍
Good morning Ross – Man I want to learn from you so bad ! Love what you do 🙂
👍 watching you 👍 Stay Green 💵