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Warrior Trading // Ross Cameron // Day Trade Warrior
Link to Bear Market Workshop: https://warrior.app/bear-market-trading-class
Want to Learn More Get info on My Strategy and Courses here: https://www.warriortrading.com/strategy/
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
Real quick. Okay, so let's see. Um, we're coming up towards 9 a.m so I'm gonna, um, go through my watch list. What I'm looking at for today already.
It's been a wild morning. I went from up uh, 6 000 to flat. I'm I went from green on Qnrx to Red. Four grand on it.
Uh, I ended up having a recovery trade on Efsh. All of the trades today have been straight off scanners. So Qnrx this one continuation scanner was watching this for continuation right here and boy we got it. We got a nice move on this right around 745 on the break of this level right here 1775.
gave a squeeze all the way up to 24.. didn't take very much size because the volume was lighter but got green on it. and then I added on this thing. uh way up here at the top.
I thought that on this squeeze it was such a big green candle I was like okay, here we go. We're getting ready to take off. So I bought this dip at 25 and added at 25.50 The next candle drops to a low of 23.57 and you know that's that's two points. That's a two-point loss and I lost six thousand dollars on that trade.
I went from up six grand on the day to down 700. haven't gone back for it since. Um, if it comes back up to V-wap maybe we'll get a V-wap trap on it, but I'm not sure. Um so.
and then, uh, E-f-s-h That was straight off our high day momo scanners so that one popped up, looked at the level, looked at the chart. Efsh. First thing I saw: Recent reverse split. I was like, okay.
recent reverse split on this thing that's the daily. That's the catalyst right now, which you know is interestingly been strong. Qnrx That was yesterday. So you have to look at the patterns that we see and they repeat themselves again and again and again.
Qnrx Recent reverse split. Env Was it Envb yesterday? I'm trying to remember Envb somewhat recent reverse split. So right now, the reverse split setup. um, is back in action.
Those of you guys who have been around for a while, you know that this is one that we've traded over the years. Um, you know we. We go through these phases where reverse splits are really hot and then recent ipos are really hot. It, You know, it kind of shifts from one thing to the next.
It it's just the way it's been. Um, but yeah. so nice. Nice one there.
Envb. Um, that's a daily setup. Let's see, I'm just gonna take a note. Recent reverse split.
Now Something I do and I'm sure many of you guys do this as well. I take notes of like all of these types of charts because these, um, you know, these are the types of stocks that you want to remember. You want to remember when you see this chart again. When you see something pop up and it's a recent reverse split, you want to say okay, I know what we're working with here: Q and Rx daily.
Recent reverse split and then you pull up the intraday chart. You grab a screenshot of that one as well. You label and mark them together. Look at that recent reverse split action.
so very nice. Move on this one. Really, just impressive yesterday. Good job. For those that capitalized on it, I had to run errands. It's like the most expensive errands I've taken in a long time. Intraday reverse split. but uh, you know I.
I should have just canceled and just stayed in trade. But you know you say you're going to do something and so you go and get it done. Would have been better off if I just stayed. but whatever.
So today, um, reverse split. So today let's look at the Gap scanner. let's look at the watch list. Um, it's still early and it's still very early in the day.
Um, I know Max was down 6 000 at this time. Yesterday finished the day up 56 000. So phenomenal. Uh, reminders always.
My results are not typical. Neither are, um, the results of, uh, I suppose any of the traders I mentioned that are doing quite well. You have to approach trading cautiously. Take it slow, there's a lot of opportunity, but there's a lot of risk as well, so don't burn out too quick.
Hopefully you can keep your head in the game long enough today to do well, because we've um, I think we will be seeing some good opportunities this is. you know? I mean I. I don't want to speak out of turn, but the momentum has definitely been back for the last four or five days. I don't know how long it's going to stay here, so I've got to try to do the very best I can on the opportunities you know that we have that are right in front of us and I'm going to jump in.
I'm going to cut my losses quickly if it doesn't work. I did that on Qnrx. If I was still holding Q on Rx, I don't remember how many shares I had. I think 3 000 shares lost two points.
Still, if I still had 3 000 shares at 25 down six points, you know that's 18 000 loss. It's not worth it. It's not worth it so I know it. It hurts to cut the losses, but it'll hurt less than if you watch it go even bigger against you.
Efsh is still on watch. um if we can back get back over V. We had this extreme move where it opened up and then it pulled back pretty hard. So I thought because it was the reverse split and I can see that right on my daily chart that it was worth watching closely and um and you know did okay with it.
I didn't I didn't do anything crazy and take big big size but um, you know, made a little bit on it and this is all about managing risk. I was thinking about this last night. I was, um, had to run some more errands last night and I was thinking about how well you know some of the members in here that have million dollar badges have been doing and uh, you know kind of feeling like man, you know I? why am I not stepping up to the plate a little bit more on some of these You know I I could afford it. um but then reminding myself that I'm being a bit more conservative, uh right now I it's been.
it's been a rough year, you know, we've had some big ups, but some big downs and um, you know right now I'm playing a little bit safe. I'm trying to stay green, I'm trying to keep my head above water, and um, you know, base hits are good and when I stay focused on being consistent, the emotions stay a lot lower, It's a lot calmer. And when I start comparing myself to other people, it's very easy to lose sight of. You know, what I have and what I've done. So yesterday I finished up 26 000 and I was pretty disappointed about it for a little while because I kept thinking about um, how much I missed in that afternoon move and how much I shoulda coulda would have been up if I had stayed and how much other people were up who you know, did trade that. So these markets, um, where things get, you know, pretty wild. It definitely sparks more emotion. You know, the the previous six weeks when things were slower.
Not really a lot of them. I mean, just kind of like boring base hit. Getting in, get green, get out. whatever.
Um, when things start to open up and you start seeing like a Qnrx, go ten dollars a share and you're like, wait, you know. I I had like 5 000 shares of that and I sold it for like a 400 winner. That's when you can start to beat yourself up a little bit. So I think it's good to just recognize that we probably all have that tendency.
Maybe you compare yourself to me, Maybe I compare myself to someone you know. someone else down the line. We all have that tendency. So um, when you find yourself doing that, it's a good opportunity just to step back.
say, hold up, let's try to pull it together here a little bit and not keep feeding that train of thought. coinbase. I have no interest in this. No interest at all.
All right. So um, I have on side charts a couple different stocks. um so uh so by the way, those uh, tuning in on Youtube for the morning show. Thank you guys for being here.
Uh, you can check out these are the scanners that I'm using. uh, small cap high a day, top gappers, continuation after hour, top gainers and top gainers on the day and also usually I also have the relative volume scanner out here. I just we'll let's see top relative volume leaders so there's another one right there. Keep an eye on relative volume.
so efsh, What have I told you guys about relative volume and how important it is? It's not a surprise that a big mover is going to have super super high relative volume, so keep a close eye on that relative volume metric. So I'm going to shrink this down just a little bit here. Move these over. I'm not going to need the top gap skin topper, top after hour gain or scanner for a little bit so I can I can tuck that one away.
Top Gainers I'll be needing to do a little switcheroo. There we go. Okay, Uh, so those who are interested in being on the wait list for Dash for the day trade dash scanners, chat room, and live audio video broadcast. I'll put the link for you here. There you go. You guys can see that um, we're doing email only uh, invitation right now as we're doing the the launch for First members Brsh. So I um, let's see, I looked at it and you know, maybe why is my chart not loading? Um, maybe I got a little bit of a bias on it, but I was like brush oral care. You know? I mean, I'm not going to say brushing your teeth not important.
I'm not going to go that far, but at the same time, it's not a biotech stock. It is a recent ipo. It is. It is.
Uh, but I just kind of feel like I'm just like, is this really you know Yesterday we had, um, uh, what was it um well, you know, when Revlon's been moving, I've been a little bit like, I don't know, um, but there was another one yesterday that, oh, Tupperware, Tupperware. You know, Tupperware. It's kind of like Tupperware and you know what? You did end up getting a pretty good move on it, but of course it reversed because it's Tupperware. You know, I just, I don't know.
I just don't think it's quite the right, um, stock. I just think enough people are going to be like what Tupperware? No, I'm not going to trade that. so brsh, I don't know. We'll see, you know, if it starts to open up.
okay, maybe I'll um, you know, switch my game. Plan on it a little bit, but for right now I'm just kind of not that interested. Okay, so um, efsh, it's up 24 right now it's pulled back uh, a bit too much. The low there was 422.
so watching 536 to get back over V, Wap Q and Rx, this one is under the 20 moving average on the five minute chart is under the V app as well so that one's not quite set up right at the moment. Nviv You guys got a nice move on this thing earlier. A squeeze from 550 to 11. I missed it.
went without me. Gnra very similar. Awesome squeeze after hours Yesterday it goes from four to twelve. Wow, we've got some momentum here.
This is crazy, So you know I think it's a good idea just to kind of sit tight watch. If something starts to open up, then that's what I'm going to jump on and try to ride the momentum on. Um, you know, but you know. kind of.
Dial in with smaller size to start and see what wants to hold Q and Rx. You know, the break of 20 dollars there? You could have bought that break at 20.. psychological resistance. You've got room up to 21.81 but you know, I'm not A.
I'm not a huge fan of buying below V web. I try to avoid doing it. In this case, it it would have worked. You know, up to 2050, that's 50 cents a share.
So um, you know that's um, it's not bad so it's a little bit past nine. Um, let's see. so Q and Rx Uh, Envb Envb was on the continuation scanner as well. On the watch list for continuation high yesterday was 14.87 It's a fast moving stock so have a couple on watch here.
Um, Envb E. What is that? Efsh Qnrx so you know. Nice back up to V Web, but the problem is probably going to have resistance up here. Um, this ended up moving better than I thought so I didn't take the trade at 20. kind of was watching it and you know it dipped down there to 20 1925. So 75 cents before it went so you know your risk is was certainly probably at least 50 cents on it. But given yesterday's price action, it's still holding up quite well. so it's definitely worth watching and levels that we're going to want to keep an eye on.
Of course, yesterday's high high right here. pre-market 2564. descending resistance Let's see 2564 and around 2811.. So we've got some levels to watch, so yes, remember for those uh, tuning in on Youtube.
We are running ads on the channel right now. That puts the Uh broadcast a little bit behind real time. For ultra low latency real-time broadcasts, you can be a member over at Daytrade, Dash or Warrior trading either one you'd like over at Warrior. The membership includes access to classes and mentoring and is more expensive.
Over at Dash, you have access just to scanners, chat, and the audio video broadcast and it's less expensive. Okay, let's see. Hey good morning Hkd. Pulling back a bit.
Yep, coming back down somewhat. Yeah, the Dash chat room is separate. They have their own chat room. so we did that because everyone in the small Cap room you guys have gone through the educational classes So for the most part, um, you're trained on Momentum Trading.
which means the quality of the chat room is going to be a bit higher, less sort of beginner questions and also we wanted to give. We have badge holders in the Warrior Rooms for people who have made over a million dollars you know et cetera et cetera. Yep, we have two separate chat rooms, chat room for uh, Dash members daytrade, Dash members only, and then a chat room for all of our warrior members. Warrior members also have access to the large Cap, small Cap, and Warrior pro mentor rooms Pgy.
Let me take a look to we know the levels Um, that are in play here on Qnrx? Yes, Valerie. Yep, that'd be fine if you decide to do that. All right. I was gonna switch out my Lamborghini.
I forgot about this. Okay, Lamborghini is coming down. So putting the Lamborghini away and you know I kind of just want to go with like the nice, trusty, sturdy Volvo, put this guy up. here.
There we go. Okay, so coming up to 15 minutes or so to the opening bell. oh I love the old air streams. Yeah, and you could tow one with a Volvo on a uh, flat, completely flat elevation.
As long as you go through the you can't you couldn't do it in Colorado. But as long as you stay in places they're flat. Okay so Qrx pulling back a little bit here. Envb coming back up a little bit.
Um, Envb. This technically as you could see is a break of Vwap setup. Um, I I do like break a view app setup so I bought that there and I'll look to add over. uh 12.25 break a Vwap watching. Now to add so added right there. 12.25 Next ad is going to be 12.50 so added right there. Envb now looking for a squeeze up through 12.50 So on this one we're looking for a move to 13 so watch over 1245 added right there. at 41 On Envb we've got 1240 holding 7000 shares, wine ad through 1250.
These are the type of setups that I like added at 41. now looking for the breakthrough? 50. So nice trade on Envb. Let's see if we can get this move higher.
Watching a dip, buy support, break a Vwap and then back up through 12 50 holding 3 700 shares. there's 12 28 on the ask needs to break through 12.50 Something has been kind of interesting with Envb. We've had some nice breakouts. This is high volume, but we need to squeeze through a little faster.
Some of these levels added at 12 19 to buy the dip. Looking for the pop back up to 12 41 there's 12 40. let's see if we get 12.45 so you know you can see this price action we're holding above V Wap right here. High of this candle is is 41.
looking for the break through 1241 and then up through 13. So I actively trade the range. I don't want to sell on the bid. I try to get out on the Ask, take profit at the ask midpoint.
Look for dips holding 2 000 shares added to 23, there's 34.. let's see if this wants to break through 1240 Apdn Nice. Good to see high on Apdn. there is.
I'm going to switch to focus on Apdn highs 24 Env on watch Qrx on side chart dip on Apdn. I didn't like that. Bought the dip, it flashes down to 96 on the bid pops back up. Price of four is bullish though the Nvp switching back.
bought the dip on Envb at 11.90 Average is 1190 on Envb. Yeah, I've seen offerings above market price before. not totally uncommon. So around 10 minutes the opening bell flat on that dip.
Qnrx needs to get over V web. Envb needs to break through 13. 1255 was the high. New orders 1265.
Efsh, Qrx, Gnra reminders. Always trading is risky. My results are not typical so make sure you take it slow. Don't try to blindly follow me or anyone else.
You've got to understand your strategy and practice in a simulator before you put real money on the line. You know? Over the last six months during this Bear Market, I've been telling traders this is a really good time to be practicing practice in the Bear Market. So when it picks up, you're able to hit the ground running and these last five days it has picked up. We have had some phenomenal momentum in these last five days.
in the last last week and this week really. And it began with Pgy. Pgy was the beginning. Uh, you know this thing just really was awesome.
We got some great moves on it and then after Pgy we went right into Hkd and then following Hkd we had Ltrpb Qrteb some nice moves yesterday we had we had Mgam last week. we had Qnrx and Envb yesterday and we had a couple others that were strong. So I don't know what's going to be strong today, but I know traders are out there looking to jump on and ride momentum when stocks start moving. so I'm in the same place, I want to catch that momentum and ride the wave up. There will be some chop. I did go red on Qnrx. we had some swings. If you're buying high and with the intention of selling higher, you can't hold if they come all the way back down.
Coin: Kind of outrageous, but nice. Not very often you see a higher float stock hitting the up 10 scan. So the problem with coin? Now I didn't have any interest in it right back here. Large cap stock.
It was grinding higher so I didn't really see it. I don't scan for stocks that are hitting this level so it came back to my attention up here. and now it's like, well, it's it's too far gone. I I don't think I can trade this.
Envb bought the dip at 11. trying to do dips on this off of the bottom right here. We had flat bottom there at 11. there's 1170 on the ask.
You catch a nice dip like that? 50 60 cents a share. That's pretty nice so let's see if it wants to go a little higher. So 46 By 70 there's 70 on the bid. That is a 70 cent dip.
That was a clean dip. Trade nice on coinbase up to 101 102. beautiful. I just can't can't chase it.
It's also, you know, obviously quite expensive. Wow, 80 to 105. Env is a 10 000 share bid at Eleven Fifty Eleven fifty. Very happy with that dip.
Trade off of 1099 average have scaled down but holding small size now. Nice curl on Apdn, Apdn through 430. so it definitely feels like uh, momentum is back. This is the time to be aggressive.
I don't know how long it'll last, but I want to try to ride the waves as much as we can, be as aggressive as we can, capitalize on the opportunities and then when things cool off, have to remember that the profits from these hot streaks will need to tide us over. Coin to 107 108 Squeezing some short sellers, that's for sure. So joseph up 21 000 on coin? Nice. Very good.
So remember, these moves usually are exaggerated and then you get a reversal. so you want to ride the momentum as much as you can, but be mindful that the reversal may be coming, Apdn is moving higher. It still feels too much like a dead cat bounce to me right now. Um, but you know.
Nice. Nice. Nice move. Nice move.
Only made 12 bucks on it. Envb watching for another bounce off of Eleven bought Env at and 12 cents trying to do another bounce. there's up to 47. we're doing the bounces off of, uh, psychological support there of 11..
So we've got 1150 looking for Eleven, Fifty one, Apdn, some big sellers on the level two on that flat. The rest of Envb that bounce didn't hold up as well. So S P 500 Overall market looking okay. All right.
So Warrior Members Day trade Dash members. Let's keep trading. Let's look for some more opportunities and those on Youtube Reminders Always trading is risky. I'll be back at it. uh for you guys. probably for a recap later today so I'll see you guys soon. Check out, uh, the daytrade Dash watch list. If you haven't already the wait list, we'll send you a link via email email only Invitations to join.
Nice job Jorge! Good work! Good job Starting today. You know at zero you had a good day. Great great couple days and you just get getting back into it hitting those bass hits staying green. Good job that's the right move.
So now at the open we exp I expect some volatility. Uh I want to see where things kind of what becomes obvious what's going to be the one today that you know what.
The greatest value I have found in your videos, has been in the discussions you have with yourself as you talk through the potential of stocks and recaps when you self-discuss losses. Thanks for a good video. I'm trying to pull it together. Lots of chop lately.
ENVB had no volume when you entered, or so it appeared? Confusing.
Let’s make that money!💴💴💴
May i ask which broker youre using and wheter its available in germany?
Todays been a ruff day getting green. Hopefully something pops off later in the day.
Thanks again mate
Yo Ross, do you think the SPY/overall market could bottom out here on the weekly 200MA? Or are we waiting for a monthly 200MA test?
hahaha nice. I love that volvo, most reliable
Thank you Ross
Hi Ross, do you ever cross over to crypto?