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Warrior Trading // Ross Cameron // Day Trade Warrior

It's about 9 A.M and uh, Atxi was the one I was watching, but it just broke volume, weight, average price. So unfortunately that one has pulled back here and unless you can get back over V web, it doesn't look that great. it's just it's a solid breakdown, right? It broke view app so that's a short and it was. You know it.

Just it broke from 1580 down a dollar share to 1480.. So at this point I don't know if I can, um if there'll be any more opportunities on it. It was, uh, the leading Gap or that I was focusing on. but uh, you know that was a few minutes ago.

so now it's now. it's just pulling back. it's selling off too much. of course, it's not totally surprising given that.

um, you know there's a continuation set up. It didn't have a fresh catalyst, so you know, not perfect in any case. But it was, um, it was. It was certainly squeezing earlier I missed the majority of the move I only traded it um, on this bounce off V-wap back up to here.

So I missed this whole move from 13 to 17 which was the cleanest as it turns out. And then I was watching it through this area for a curl back up and then a possible breakthrough 1670 the high for a move up to 17.. So anyways, that's what I was looking at. but I'm not going to get any more trades on it right now.

Secondly, our leading gapper now is traded places Lcfy this one is 72 cents so it's a cheaper stock so no, uh, no interest in that right now. Uh oh. let's look at Fngr Fngr from yesterday. Look at this squeeze.

After hours, this thing squeezes into the close to Six goes all the way up to ten dollars a share. So you probably do have some uh, big short sellers out there that are going to be underwater on this. you may see a little bit more squeeze today, but the fact that the high was after hours at 10 and it is lower than that I feel like kind of. if I was short, my stop would probably just be like all right, it's at 10, right? maybe maybe a little higher just in case it tries to double top and then fades.

So I don't know if you're really going to get a lot of squeeze in this area. Currently it's below view app. It's been stepping down a bit, but maybe if it got over like I don't know. maybe over I mean overview app would be interesting.

That would be fine. Um, over uh, nine dollars would be more interesting and over 9.75 would be of course, particularly interesting. so you know a couple levels. Um, to be watching on it.

Reminder: As always for those: tuning in trading is risky. My results are not typical, and you shouldn't trade with real money until you've first proven profitability in a simulator. And you also shouldn't try to blindly follow me or anyone else. Of course, You probably already know My trades are very quick.

The broadcast that goes out on YouTube has a slight delay versus the ultra low latency broadcast that goes out for members of Day Trade Dash and members of Warrior Trading. So if you're trying to just blindly follow, first of all, even if you were sitting right next to me, it's not a recipe for success. But if you're streaming and you're out there, you know somewhere far away from me, the stream's going to be delayed by the time you're hearing me. I might already be out of the trade.
I've had trades where I'm in and out in less than a second, so you've got to learn the strategy. Breakout Trading if that's what you're interested in. Momentum trading for sure. more generally and take it slow.

So this morning, uh, I'm about a little more than halfway to my daily goal of 5 000. Inbx? Well, it's 28 stock. It's a little more expensive I'm not sure that I'm gonna go for it. It doesn't have the juice, all right, so it doesn't have.

um, it's not a recent IPO it's not a recent reverse split. It's not a super low float, so it's lacking the the momentum you know, kind of like juice factors to make it really. um, interesting. At least that's what I think right now so you know.

So look, sometimes sometimes I'm wrong and sometimes we end up um, having one that I totally underestimate and it makes a huge move. but you know when that happens and I can start to adjust my expectations and start to look at those? uh, the setups are similar to that in, you know more detail and more closely but you know we'll get on it. We'll get sometimes on a kick where we're noticing. Okay, it's Pharma stocks that are really strong or it's Chinese stocks that are really strong and some of those might have different floats not be recent reverse splits, but they have something else to become.

sort of the new uh, you know, popular. uh Factor So anyways, um, that's I don't know. that's kind of what I'm thinking. um on Inbx.

By the way, those tuning in on YouTube I'll put a link um for you if you want to watch my um, uh Bear Market strategy episode. So I taught a class on my Bear Market strategy and it is now available to stream on demand the full class and in that class I give people a link to do a 14-day trial at Warrior trading. so if you haven't checked it out, you're welcome to check that out. Okay, so let's see.

um I'll pin, uh, pin that to the comments so you'll see that pinned to the comments on on YouTube Okay So we've got about 23 minutes to the opening bell. um Imbx I don't like that one onct this one is lower priced, higher flow, not the one atxi. Okay, let's see where it's at. um, right? So although you certainly could have done dip trades on it and there's been, uh, there's been opportunity there for bounces and stuff like that I'm not trading it right now because it's below volume weight, average price, and it's quite a lot below it.

so leave that alone for now. Fngr right? 860 perhaps? So you did have a nice little um, little burst of volume here that got it up to 860 about 845. It's stair stepping down, right? but if you can change directions from stair stepping down, step down. a little step, step, bigger, step down, sort of sideways.
small step up. So if you could start stair stepping up uh, that would indicate change of trend and that could be an opportunity to be a buyer. uh, the 860 level would be probably First Step consolidation then I'd look for a breakthrough nine and then up towards like 950. and if you really, you know, maybe consolidation under 10, double top at 10 and then possible rejection double top.

but I'm not sure if that's gonna I don't know if that's gonna work, but that's just a theory. It could also just continue stair stepping down. So the nice thing with this type of trade is that there's no there's no need for me to buy it right now. I Can simply wait for it to break this I would call it an apex because if it breaks this level here, that's showing me that it's switching from stair stepping down to starting to stair step up.

Now if I got in at like 8 28 or 8 30, that would be an entry to anticipate that it's going to break 850. that's getting in below that Apex that's a little risky right? So that one have to be careful on so that's Fngr uh adtx. um yeah. so the thing is it pulled back so much.

Um, that was the big move I don't think that this one's going to be easy to trade I'll probably leave that one alone, right? Cscw this was from yesterday. lower price though. Kprx Nice move yesterday. Yep, I mean you got a nice move from eight, uh, to ten, seven to ten all up.

but it retraced the move Now now it's rallying back up a little bit. It's Tricky when they don't hold super well. Well, that's not a bad theory on Fngr that is due for a correction on the daily chart. but I think that a lot of people probably already thought that yesterday and those are the people that might be getting squeezed a little bit this morning.

As it's up, you know, a dollar fifty a share from yesterday's close, right? So if you have someone that started to move into a swing trade position yesterday to the short side or even the day before now, you're starting to potentially get some of those people capitulating and bailing out and covering the laws. Now maybe they'll get back in. and maybe today is the day it reverses. It could be because it's gapping up so that sorry so yeah.

um anyways, you might end up having and today could be the reversal day just because it's gonna open. it's going to be gapping so high that could create sort of a perfect reversal candle. so that might end up. um I mean I think that that's that's not a bad idea.

but as you know, in my um, retirement account I can't short stocks so you know I Just look at it from the perspective of um, you know, is there an opportunity to the long side and on this one I Think there could be, but it would be if it, um, starts to squeeze out. maybe swing trade short sellers so we'll see that's a maybe. Okay, so uh, Atxi, right? So you know if Fngr could do a candle like that where gaps higher but then closes red which is what happened yesterday on Atxi. it gapped but then closed.
red aerc coming back up towards volume weight average price. Yeah, you can see Posh P-o-s-h on the scan. Very thickly traded, big stack of buyers and sellers. easy to borrow, higher float.

Not a stock likely to be a good candidate for breakout. Trading Foreign if I take a trade on something below volume weight average price it depends on how far below something like Fngr I might be getting in something like that to anticipate that it's going to break through the volume weight average price because it's pretty close. Something like Atxi I might be taking a trade on the Bounce from being way below the back just up to view app and then once it gets to V web, you know we'll see if it holds or whatever. So it depends a little bit.

um, on how far below V web it is. But if I can, the best way to reduce the risk is to get in. You know, something like this that's pretty extended as close to the current low as possible. That way you can bail out if it breaks that low or on Fngr this one I mean same thing I suppose, but this one's a little too close to the volume weight.

average price to want to take a trade off of 790 right now. Foreign: Bell So no, uh, no live trade so far this morning for the morning show. Nothing particularly exciting at the moment just getting it ready. foreign Gr back down to 778 so you know, not ready for any trades there.

Btb cheaper, but it is gapping up for Penny Stock Traders Foreign 10 minutes to the opening bell. so right now it feels like a little bit of a slower morning. There was some action on the earlier side, but you know the last. I don't know 45 minutes or so it's been slow.

So I think right now I'm just going to be sort of sitting tight going into the open to see if anything. um ends up holding up and you know, looking worth. uh, you know, worth Trading foreign I should look at that perhaps I missed Cnxa Big Move lower price stock pixie from a couple weeks ago pltk pixie not ready PL it needs more volume. it needs to start to move.

pltk I Rarely would trade something that's not already moving. you know I look for things that are moving and then I like to jump on that momentum. uh PL K is moving. Let me check the float.

400 million share float inbx already looked at that one pulling back aerc yeah I think I think at the open I'll watch fngr just to see if you get some momentum. you know possibly will get a little squeeze at the open the way we did. Yes, you know yesterday we got that really nice like squeeze right at the open right. so similar pattern.

um maybe for today so that's a possibility. We've got five minutes to the open but I don't know if it'll happen, but it's a possibility so we'll keep that on watches and maybe. And then Atxi is pulled back a little bit too much so that one I'm not interested in right now. Uh, and yeah, that's about it.
So we'll watch High demoma scanner. We'll watch continuation scans and we'll see if we get anything that starts to open up. uh as we get through the opening range. All right.

So for those tuning in on YouTube Thank you guys for being here I Hope you hit the thumbs up. Hopefully you're subscribed to the channel and if you want to check out my live class. it was a class I taught live. It's a recording now, but you can re-watch um, the live class.

uh, on demand my Bear Market Strategy class so you can check that out if you're interested in learning a little bit more about the Bear Market strategy that I've been trading this year. this year's been, uh, you know I mean a little a little slower than I think what? I was initially hoping it would be, but um, Green for sure and just trying to keep hitting that five thousand dollar daily goal. Five thousand a day? A hundred thousand a month. you know, 1.2 million dollars a year.

So it's just slow and steady 250 plus days to get there. But that's what I'm focusing on right now. and uh, today I'm at 3 400. So I'm a little bit, um, a little bit below where I'd like to be on the day, but it's only 9 30 just about.

so there's still time to add another 1500 bucks and get myself up over five grand. All right. So that's the game plan. Um, thank you guys for tuning in on YouTube We'll be back at it first thing tomorrow morning for the morning show bright and early and I'll put a link to a couple of episodes that you guys might want to check out.

Um, right here. So I hope you guys check those out and I'll see you back here first thing tomorrow morning.

By Stock Chat

where the coffee is hot and so is the chat

11 thoughts on “$atxi 40% – live day trading morning show”
  1. Avataaar/Circle Created with python_avatars Brian Lueken says:

    The question of "is this gambling?" has messed with my head for a long time.

    I used to think, if you can demonstrate a consistent proven strategy, you're not gambling.

    But that is not true.

    It's definitely gambling – by definition (you can lose money). If you have a consistent proven strategy, you are a consitently profitable gambler.

    Is Aaron Judge gambling? No. He is paid, whether he hits a base hit / home run, or strikes out. He might get fired for too many strikeouts, but the Yankees wont take his salary away.
    But is gambling a "bad" thing? I would say no, if you are consistently profitable over the long term.
    Just my 2 cents.

    The Yankees are in the business of gambling on baseball players.

  2. Avataaar/Circle Created with python_avatars Jon Jon says:

    Just curious what platform you use for day trading? And what platforms would you recommend for beginner day traders?

  3. Avataaar/Circle Created with python_avatars Jon Jon says:

    Just curious what platform you use for day trading? And what platforms would you recommend for beginner day traders?

  4. Avataaar/Circle Created with python_avatars Jack Spratt says:

    Come to rumble

  5. Avataaar/Circle Created with python_avatars Tamara McRary says:

    Just wanted to say thank you. I really appreciate your detailed approach. I only started watching your channel last week and have already gained more understanding. I had some foundational knowledge, but you're helping take it to the next level. Yesterday, I paper traded FNGR on the open and took $289 profit in the open. I was grateful that I was paper trading because they kept having halts and I don't understand how to figure out when a halt is going to happen. If I had been trading real money I would have been freaking out. Today I was trying to trade FNGR AND ATXI before work and lost about $240 in paper money. I knew the set-ups were bad, but just wanted to practice with the software prior to work and my time was limited.

  6. Avataaar/Circle Created with python_avatars maruz dumucruz says:

    thanks.. i was wondering about the photo of bus on your wall. why is that?

  7. Avataaar/Circle Created with python_avatars Austen Gasser says:

    Do you do this everyday?

  8. Avataaar/Circle Created with python_avatars besoamy1 says:

    Like your info.and style

  9. Avataaar/Circle Created with python_avatars B Green says:

    Thank you very much for your continuing live trading video. Can you show the Level 2 window while trading as well?

  10. Avataaar/Circle Created with python_avatars Joeydactyl says:

    Saw ATXI setup at the open but was too slow. Going to be looking into hot keys more now ๐Ÿ˜‚

  11. Avataaar/Circle Created with python_avatars Charlea Brown says:

    Appreciate you Ross! ๐Ÿ•Š

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