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Warrior Trading // Ross Cameron // Day Trade Warrior

All right? So I'm going to go over the trades from this morning, finishing the day with 1926 and 13 cents a green day and I'm definitely grateful for that. As you know from my P L over the last, Um, well, these are the last 30 days, you know been on a nice stretch here. Oh I suppose I don't know I had a little bit of a draw down, recovered that loss and then I came into another little draw down. So you know these small green days right now are important.

One of the things that I often say is that when I'm in a draw down, uh, number one, stop the bleeding, right? So that means at the bottom of the draw down, well that there has to be a bottom, it doesn't keep going. So how do I make it curl by reducing share size and slowing down? All right. So I reduced share size I slow down. Uh, a smaller red day on the second day.

Second red day and then a small green days I started to come back up and then another small green day I'm trading a little more conservatively right now I'm trying to get green I'm trying to be careful not to overstay my welcome and until I've made back about half of the loss I'm going to stay in this sort of conservative mode now. Sometimes what happens is was the case here. I had two very small green days and then I had you know a decent Green Day here of six thousand seven hundred. That was just a good day.

and then the next day we had the really hot market and I did 18 000. So I wasn't really expecting that, but in two days I was all the way back to my high and then I had three more small green days before catching a bigger red day right? So now I've got to kind of work my way back up. What I don't want to do is follow two or three small green days with another big red day because then I'm stair stepping down right? So at this point uh you know 10 a.m I'm I felt like the last couple days this week in in total has been slow. Uh you know I've gotten a few trades but nothing has felt super clean and so you know yeah let's let's kind of look at what I did today.

Uh the first trade of the day was on Edbl. it had a news that came out at uh this was 8 30. it took a second for it to kind of pop up uh but I jumped in it as it started to squeeze here, getting in at 8 15 sorry 359 360 and adding all the way up to a high of 387. scaling into the trade it was moving higher.

so like every five ten cents I was adding a little more, adding a little more, adding a little bit more and moving my stop up Up Up Up Up Up Up. So the this is a scaling strategy and I'm going to teach a class. um soon. um maybe this week if I can squeeze it in.

Uh, but if not this week, then next week. but I'll teach a class on scaling because it's a question that you know is is frequently asked. and of course I mean it's not something that's not already covered in the Warrior Pro curriculum. but I'm gonna elaborate on that a little bit and just answer some recent questions on scaling.

So anyway, so that that's something to look forward to that'll be coming soon. but uh, so in this case, you know, adding, adding, adding. Yes, it moves up my cost basis. but I also move my stop up with it.
and then if we get that extension, then with a bigger size, I can capture 10 15 cents. In this case I scaled up to about 12 000 shares and captured about eight cents a share. Made a thousand dollars on that first trade. Uh, got back in and took another trade after the open is it curled up right through here I got in.

uh, micro pullback at four. it did a false halt at 401 and then it pulled back I got in at 401 actually no 396 and then added as it broke through 401 adding at 405 and we got to squeeze on this up to 430. but I traded it with a little bit smaller size versus my trade at the Open because or pre-market because I was just sort of noticing this pattern of choppiness today. you know, Edbl when I first traded, it popped up and then pulled back quite a bit.

So I was like I don't know and then Svre I took a trade on this one. that one popped up and then pulled back as well. It's now red on the day, so this one I got in at two dollars. it went up to a high of two or 243 which is pretty nice.

I was up 600 on it, but gave back 200 by adding a little too high. So not a big winner on really anything today, you know, but a couple of base hits worked. uh, you know, my way up to 1900 which is great. I'm I'm happy with that.

I'm content with that and at this point I would say you know, given my two red days Thursday Friday of last week, this excuse me? this is good, just you know. solid green days. nothing huge, but just staying focused, staying disciplined, and certainly hopeful that we see some, uh, cleaner action at some point this week. But you know it.

Nothing. Nothing I can really do but be patient and wait. and I know I have my window of trading that I stick to every day and if something happens outside that window that you know that's that's fine. but I'm gonna miss it.

So got my trades on Edbl and Svre and then that was it I saw Hoth pop up but after Bdbl and Svre sort of stalled out I was like nah I don't think I'm gonna go for Hoth So I left that one alone and um yeah, just kind of uh, ended up feeling like we didn't have a very exciting Gap scanner and didn't want to push it too hard today. so that's it for me. That's my recap reminder. As always, trading is risky, my results aren't typical, and of course, there's no guarantee you'll find success whether you trade with me or you'll learn on your own.

So take it slow practice in a simulator before you put real money on the line. and uh, we'll be back at it first thing tomorrow morning.

By Stock Chat

where the coffee is hot and so is the chat

23 thoughts on “$edbl 45% on a gap and go”
  1. Avataaar/Circle Created with python_avatars austin men says:

  2. Avataaar/Circle Created with python_avatars Damian S says:

    $1900 a day is $693,000 a year so pretty good I suppose 😅 Nice to see the exercise in restraint with these trades because it helps us keep things in perspective.

  3. Avataaar/Circle Created with python_avatars MountainMan says:

    Ross. I invested $27k into my trading account. And in couple of days. I had winners and losers. My winners were $60, $105 and today I lost $1.7k but made back $500 and then lost that aswell but my losers were over $2.7k in total. I lost about 10% of my account in 1 week and I took a step back. I feel like I am not proficient and might give this a break. I have to work on my discipline. My account went from $27k to $24.1k

  4. Avataaar/Circle Created with python_avatars Jinliang He says:

    hope to see the lessons about managing position soon! it is a very important subject for day trading!

  5. Avataaar/Circle Created with python_avatars Genice says:

    Thanks Ross for the great video. You said as you were scaling up, you kept moving your stop up. Does your platform allow for stops pre-market? I didn't think you could set a stop loss pre-market.

  6. Avataaar/Circle Created with python_avatars Tess McD says:

    So curious. Would ur FB be real or possibly spammed?

  7. Avataaar/Circle Created with python_avatars Sean B says:

    Does Ross set stop losses? How much from current market price?

  8. Avataaar/Circle Created with python_avatars Limited Time says:

    Especially look forward to your recaps on days i can't trade!

  9. Avataaar/Circle Created with python_avatars Trading Simplified says:

    I miss the old Ross

  10. Avataaar/Circle Created with python_avatars Akshat Gupta says:

    What software do you use?

  11. Avataaar/Circle Created with python_avatars Alberto Gonzalez says:

    Blph, tops, Sint ✌🏽👍🏽🔥

  12. Avataaar/Circle Created with python_avatars Robert Mick says:

    This is a great breakdown of managing a drawdown, should post as a second video with that title!

  13. Avataaar/Circle Created with python_avatars Jspecc says:

    What did you think about FRTX? It was the leading gapper

  14. Avataaar/Circle Created with python_avatars Mike McKinzie says:

    Today I was GREEN on MAXN and then on BLPH. Lot's of flat stocks today but I did sell my first covered call. Also, last night on Netflix, I watched "Eat the Rich", a good documentary on the GameStop Squeeze! Good luck tomorrow everyone!

  15. Avataaar/Circle Created with python_avatars Art H says:

    Scaling! Can't wait!!

  16. Avataaar/Circle Created with python_avatars Gabriel Campbell says:

    I want to thank @freyatrading for carefully helping me manage my portfolio from $5,000 and turning that amount into $250,000.

  17. Avataaar/Circle Created with python_avatars R.Kareim Rambo says:

    Scalping I'll take it..

  18. Avataaar/Circle Created with python_avatars Kyle D. says:

    Nice job on the green day! It was a mediocre and slow day here as well.

  19. Avataaar/Circle Created with python_avatars R.Kareim Rambo says:

    Your scanner s are truly proprietary I spent all morning looking for I even try to trade

  20. Avataaar/Circle Created with python_avatars Jack Peabody says:

    Ross do you ever notice any issues when using the Lightspeed Supersmart order. LS says that users can run into problems with the system duplicating the order and get a rejected message that can only be reversed on LS end. They say they don’t support it but you can still use them.

  21. Avataaar/Circle Created with python_avatars Josue Vazquez says:

    It seems like you're more profitable when you are a little more conservative

  22. Avataaar/Circle Created with python_avatars Iúri Stasiv says:

    Hey bro what's up, totally unrelated question, I also have really long hair now and I would like to use most of the time a beanie or a cap, but I heard allot that it will accelerate balding or something, what is your opinion about these, seeing that you're an older guy, have you experienced anything like this? Thanks!

  23. Avataaar/Circle Created with python_avatars Gheechie Dan says:

    MANNNNNN Im LOSING on the EDBL warrant right NOW ! Mannn! 😭

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