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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
Warrior Trading // Ross Cameron // Day Trade Warrior
Want to Learn More Get info on My Strategy and Courses here: https://www.warriortrading.com/warrior-pro-info/
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. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
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/
Wondering what I think the All Star Day Traders out there have in common? Read this blog I wrote https://www.warriortrading.com/all-star-traders/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
All right, well let's see, it's about 902 so just past the top of the hour. Um, but it's 1002 in Canada where I am currently live streaming from and uh, I'm in the back of my within my traveling trading station. as you guys, um, have seen before so this is my I've got my laptop here I've got my monitor one monitor, two. these hang from the ceiling so they clip up like that when I'm not using them and um, yeah, I'm just you know, enjoying uh, spending the last week of the summer here I suppose uh, up north and sleeping? uh really well the night is cool, it's just great.
So um, anyways, I will be uh, on the road this whole week and then I'll be back. So uh, we've got Labor Day weekend this coming weekend and then I'll be I'll be back home uh next. Tuesday When we get settled back in and the fall routine is going to be a little bit different because, uh, usually well, different from Summer the fall routine is, kind of, you know, back to a little bit of a more, uh, rigid structure each day of, uh, trading a bit longer because that is the time of the year when, uh, typically, I'll make more money. So I don't expect to be on the traveling trading station much in the next.
um, three or three months. Uh, four months as we finish up this year. So this morning got a few trades on GDC already in the green. Nothing exciting.
Um, whatever. You know it's kind of grinding higher I believe they have a shelf registration. it's below the 200 moving average. Kind of ambivalent.
like I just like I don't know. it's like whatever I didn't want to get too aggressive on it, just took some small size and that was fine. So that's GDC Our leading Gap are up 81 right now. Second leader is VFS warrants so we'll just look at the underlying stock.
VFS hit a high 92 a share. You know, like I said. um, the founder owns 2.3 billion shares, 2.3 billion shares. This is crazy.
This is really, really crazy. Um, so his net worth, you know, on paper, um, is ballooning as the stock goes higher. The reality of that net worth is that it's invested in something that's illiquid for the most part. Because he's got.
he owns 2.3 2.29 billion shares, but it's only trading on like 15, you know, million shares a day. So it's going to need a lot more trading days like this for him to be able to really sell shares in a meaningful way. Uh, you know he could probably sell a million shares and make 60 70 million dollars uh, each day based on this current price action. But uh, but I don't know I don't know if he is I don't know exactly, um what the situation is there.
So as of right now, it feels like this is topped out for the short time, at least at 92. right? So you've got this high of 92 and it sort of looks like you've got this reversal and now we're underneath the volume weight average price. So this is probably one of the bearish uh, pre-market charts I've seen on BFF since it got started. Um Friday it was strong.
although you guys watched me make 8 000 and then lose most of it. um, whatever. it was kind of annoying. ended up going higher. uh, the day before pulled away. that was strong the day before that. I guess the day before that it was kind of weak here below V web and then ripped at the open. so that's that's actually.
that's something we want to maybe be on the lookout for today. Could that happen? I don't know, but it's worth watching. This was the day it popped up to 18 or so pre-market and then just kept going as the day went on. and then these days were when it was pulling back.
So yeah. so I guess uh, to the upside, if you're optimistic, you know sure if we saw a squeeze, it would be worth watching I'll I'll watch as well, but you know it. You know you want to be careful how many times you go back to the same well so to speak. Um, sometimes you'll notice these stocks.
you keep going back, you keep going back and then it's sort of like they get sort of played out. so I don't know I'm not sure but I don't even have the level two up on it. Um, but it's high is 92 and then you could say there's pivots around V-wap right here. Um, oops, around 83 dollars a share.
looks like 83 . So if we broke over 83, we would look for a move over 84. If we got over 84, we'd look for 86 87. If we got over the high this candle which is oops, 89.30 over 89.30 then we're looking at a move up to 92 and maybe 100 a share.
If it was able to hold over 100, then you know I don't know. but I You know it's important to be aware of the fact that these types of stocks. um, you know, what we're seeing here is sort of this typical crazy small cap momentum. and you've got one person who's got an incredible amount of money you know, sort of tied into this stock in its current valuation, so you know it's obviously a very wealthy person already.
I think the first billionaire in Vietnam So you know I'm sure he is well invested in making sure the stock stays at a high price. If he sold all his shares or tried to, it's going to go to zero. Basically, you know you can't sell 2.3 billion shares of a stock like this. I'm sure he knows that.
Uh, so I don't know I'm not sure what's going to happen. Maybe he'll try to find private placements. They did say in their filings that they were running in an operating loss history of running in at losses is is a higher higher risk startup. Uh, we'll need to raise more Capital So there are I'm sure people out there who are going to start looking at this is like I should swing trade this to short side Maybe But it could go higher and we nobody knows how high it's going to go.
So just manage your risk. Nobody knows what day it is going to be that it might roll over and whatever so all all you could do is manage your risk. If there's a setup that makes sense to you, then take the trade but otherwise be careful. Uh, today at 10 A.M I'm gonna Premiere a new episode on YouTube Uh, which? I Think you guys will enjoy. It's um, answering the questions that people ask me when they find out I'm a day trader so that'll Premiere at 10 am. Okay, so right now it's ten past nine, two, two two. I'm just going to add my thumbnail to what's wrong? Yeah, huh? Why can I not find anything what I'm looking for? All right, All right. Well, we'll find that in a few minutes.
I guess um Okay So all right, so let's look back at GDC Yeah I think GDC is probably too close to the 200 moving average. At this point the 200 is about 550. it's like right there. So how's my how's my broadcast scene for you guys I Reduced my bit rate a little bit to just stream without buffering I Hope that's I Hope that's okay, you know once I'm home back home next week.
Um, and for the rest of the the rest of the year, it'll be a better stream. Great thank you! Okay cup and handle. Um HKD Um, for those of you guys, uh. streaming The Morning Show on YouTube We have less than 48 hours left on our dog days of summer sale.
so if you come over to the website Warriortraining.com you can check out the Warrior Starter The Warrior Pro Check out these classes. you can check out the membership FAQs the classes that are included in your membership. You've got scanners charts Etc so make sure you guys check this out. Um, let's see.
let me check my ping. Oh I Got a two request timed out just monitoring my um, my bandwidth here. That'll happen every now and then. You get a couple drop frames.
Yeah, I got a few, but not too bad. Anyways, check out Um Warrior Starter Warrior Pro if you're interested. Uh, we've got some exciting things coming this fall which will keep you of course posted on BBC Foreign? Yeah GTC is kind of in a Channel right now. Not too exciting at the moment.
Uh oh. All right VFS see that pop right there so let's watch BFS Once this curls through 82 dollars a share, we've got something to work with. So watching VFS over 83, there's 8170 added right there for the break of 82. there's 82.55 new order at 82.50 added right there at 82..
looking for the squeeze on this through 83 84. my plan on VFS is to try to hold a piece for that break through 8310. Got slightly bigger spreads right now. Holding 350 shares still took a little profit.
so hi, that candle is 82.50 So new orders at 83 holding 87 shares right now. watching for green on the tape to see if it breaks through 82.50 Looking at the five minute chart, this is the highest volume candle of the day. 8310 is the spot that I want to see break. But I think if it breaks through 82.50 then we've got a good shot at breaking through that 8310 level.
still holding the 87 shares right now. Padded there at 81.80 250 shares, you've got 150. Actually, you've got green on the tape there. So now let's see if this curls through 82 83. watching level two average is 81 44. flat. For right now on it, we'll let it pull back and watch for another dip. So this is the area that we're kind of watching on this.
The high is 8310 that pivot that I drew earlier. That's the level that I want to see break. Then 89 30. added back there.
Now looking for the squeeze through 83.50 there's 83.80 watch over 84 and 85. that is looking good all right. So let's watch this now for the Breakthrough 84 a share. Putting an order at 84 to add added to 83.50 Now I'm looking for the squeeze through 84 and I would love to see him move up to 85 a share.
So we've got 83.48 on the ask. Took a little profit at 83. sorry 80. What was the high there? um, 83 and new orders at 84.
that was a nice trade. Oh sorry. um let's see. Uh, there's my P L right there.
sorry I'm on my traveling trading station. Uh, five thousand dollars. That last trade was a big one. New orders at 84.
added right there at 84.. now looking for the squeeze up to 85 a share. So you've got 84.36 new order at 84.50 So we now have room up to 89 a share. We've got five minutes to the opening bell watching 84.50 So new order 84.50 to add watching Dips watch the break of 8436 There you go.
there's 84.75 84.85 New Order up here now I'm looking for a squeeze up towards 89.30 which was that next level we drew out. So we've got 84.75 on the ask. Flat on that for right now. let it pull back 83.59 Nice job you guys.
Good work New Order Will be Dip trades I Was holding um, a thousand shares up here looking for that squeezed 85 86 I was going to keep adding but it stopped me out on that last one for a um I don't know a small loss. We only have about three and a half minutes to the opening bell. so on the traveling trading station trading on Starlink in the back of my van. um I'm a five thousand eight hundred eighty two dollars this morning.
That's pretty good. So I'm actually I'm glad that I spent the time uh, yesterday driving around trying to find the best, spent like three hours kind of driving around trying to find the best place to stream I was doing test streams and checking out okay, what's my bit with um, bit rate bandwidth here and I this was a good spot that I found I'm right next to a open pasture, cow field added back there. at 83.90 you can see some green coming in on the tape so on this one I'm looking ideally for a move up to 89.30 and I'm wondering if we see a test of 92 dollars the pre-market high or even a hundred. I'm just gonna keep trading it as it goes up because I don't know how high it'll go.
New order right? Here is to add as soon as it breaks the high a day which is 85 84.85 So looking for 84.85 to add and then I'd look for that squeeze up to 86.87 So we've got 84.50 on the ass holding my starter position. looking for the break of 84.75 84.85 Looking for green? on the tape? there's 84.50 46 On the ask, there's 8466 on the ass added there. There's 85 dollars a share now 85.44 and that's a spot where I could take a little bit of profit. So let's see how high it goes. There's 85 41. so taking a little profit as it breaks through that 85 level New Order 85.50 So if it breaks 85.50 then looking for 86 87 as it goes higher. So we got a nice break there of that level, but you can see how it drops back down to 83.45 Let's see, we've got 30 seconds to the opening bell. All right.
So Warrior Pro Students, We're going to keep trading this those you guys on YouTube Uh, thank you guys for tuning in. Reminder: As always, trading is risky. My results aren't typical and there's no guarantee you'll find success whether you trade with me or you learn on your own. I Lost 200 bucks on that last trade.
So finishing up five thousand, six hundred, thirty three dollars and 63 cents here. Going into the open and looking to add some more profit on VFS if it continues higher. Thank you Foreign.
Ross, my friend 🙂 I've been paper trading as you suggest. I am not understanding "after hours" I can not buy or close my daily positions on T or S at this time, yet the market is moving. How is that possible?
Thank you!
This is confusing without seeing the ask and bid
Very cool! Do you have a 5g cell modem too? Interested in knowing if that works better than Starlink *if you are in range of good service. Cell boosters work pretty great tbh. If you dont have one, maybe you can add that to your arsenal of goodies! Also possible to setup a similar extender with directional antenna but for WiFi. May work well depending on where ya are in relation to free wifi's! Hope you are well. Take it easy.
Because we bought into it about a week ago
How can we determine when stocks are gonna do with that one day today because like I said, we had no idea it was going up to that we just happen to be sitting there and just watched it
I'm sorry Ross forgot to tell you what ticker ….VFS
And to be honest with you, we just happen to be sitting there, watching a couple of them when that one started going up, we had no idea it was going to do that. We just happen to be at the right time at the right moment.
Please tell me that you went and bought
At some point where it was low enough, we bought it at $40 a share and it jumped up to $93. We sold at 90 we had 250 shares for a profit of $12,000 and some change. What a great day this was . Thank you for the lessons Ross.
Hey Ross, Just bought your book! What part of Canada did you go to!? I'm from Toronto!
I JUST WANT TO SAY THANK YOU FOR DAY TRADING IN THE MORNING WITH US AGAIN 👍💰🙂
Man. Is my 200 ema wrong? It's not near 5 on gdc?
oohh I missed your forecast I was trading I am from Canada