Download my Gap & Go Strategy, Micro Pullback Strategy and Technical Analysis PDFs here https://warrior.app/technical-analysis-tool-kit
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
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, so let's see it's about laughter. 9 A.M Oh, there we go. Yeah, uh Lcfy. We'll see how it holds.
Uh, volume, weight, average price here. The High: that candle was 18 a share agle uh, 56 cents put up 426 percent. So that one, uh for sure has some attention cheaper than my price range. but it's good to be aware that it's active and people are going to be watching it.
So the game plan each day is to try to find a stock that has high relative volume is up more than 10 percent. Ideally has news, has a float of less than 20 million shares is between two dollars and twenty dollars because that's when they seem to trade the best. And this morning, Agle Below in terms of price, uh, floats a little bit higher. Not perfect, but has made a big move.
The main issue for me is the price is too cheap. So I'm not going to buy 200 000 shares of that. It's going to cost way too much in commission. So I just I'm not going to trade that kind of stock.
But I'm aware of the fact that pennies have been in play this week. Yesterday we had root after hours squeezed up. uh, buyout rumors on this one. That's a little bit risky because it's going to position the company to have to respond to the rumor so it could get halted pending news.
and then you know you get the response and if the response is favorable then you know could drop back down. So I can't trust that one. Unfortunately, Uh Lcfy is up 130 percent. So interesting.
Made a huge move early from 750 to 20. So wow. Okay, this one can move uh, but pulled back down to like 13.25 Popped up here to 18. it's currently at 16.
Macd is starting to curl back. Uh, it's back in the positive, but we're below V whap right now? so that one I'm just watching. We'll see if it so it's up a little bit better. Um, and Pixie Pixie? It's 2.69 A little cheaper, but just not a very interesting chart right now so that's not too exciting.
S P 500 We are, uh, back in a bull market based on being up 20 off the lows. so we had a nice uh squeeze there. But you know. Now it's a question of how well we hold those gains that we got in the last week and a half.
If we can hold above the 224 pivot. Uh, you know we were only a couple pivots away from being back to all-time highs Really? So you know some people are talking about a recession right now? The market, um, is in a bull market territory, so that's uh, that's interesting. We'll see how long it lasts. Last week.
I Had one really nice trade. 18 000 day on Wetg. This week has been very slow. haven't seen we've seen some momentum, but it's been a little Hit or Miss It's been a little scattered so and this morning I Don't know if that's going to be any better because we sort of have dispersed attention.
You know there's penny stock traders who are, um, you know, focusing on Agle, that's not going to be something I Go for. you have some Traders looking at Lcfy, but the volume is still starting light. That one's our second leading gapper. Pixie has 11 million shares of volume, but it's kind of like a grinder right now. So let's see. Yeah, we'll see O G O B L G of 11. It's not a very big gap, so these are our top percentage gainers in the entire market. today.
This is usually the place to look for opportunity. Agle is up 530 right now. That's a huge percentage gain it was at 13 cents earlier. It's at 66 cents right now.
So a 10 000 share position on this would have given you over five thousand dollars of profit. A 10 000 share which would have been I mean it. It's it's crazy. that's only fifteen hundred dollar, uh position.
So and I'm sure there's people who bought a hundred thousand shares or two hundred thousand shares, so that's impressive. There's no question about it. Amazing. uh, risk to reward on that type of penny stock.
But I've not found them to be uh, consistent over long periods of time. So over long periods of time I haven't found them to be. um, something that I would trust. So anyways, we'll see how much higher it goes.
72 cents there. Not that interested in it. Uh, there's a 90 000 shares seller at 76, but sellers like that are going to get bought up pretty easily because it's cheap. So let's see anything that I'm missing anything that you guys are looking at that I haven't seen yet.
Root? Yeah! So I mentioned that one buy out rumors on it. that poses risk because the company will be in a position to respond to those Lcfy coming up a little bit. Five minutes not perfect Hi this candle Was Eighteen dollars a share A-a-o-i Let's see Lcfy taking a starter on this for the break of 18. realistically, it only takes a couple of good trades on this to get the daily goal.
Watching for an ad at 1825 so added at 18 right there on LC FY and then taking a little profit off the table at 18. it didn't go right to 1850 New Order Holding 600 shares, it is at 18 35 10 cents above the high watching right here. Added 500 shares right there trying to buy this dip. Thank you! So bought the dip.
Uh, kind of a bad fill taking the loss on that. Let's see if it goes higher. high is 1825 New Order 1835. So a quick trade on that.
This was a a break of 1750 right there and then was looking for the squeeze through 18. I'd like to see it start to pull away. High volume on that candle is good I'm not the only one that saw that setup, but we'll see whether or not it can get back to the pre-market highs. So a couple very quick trades there.
Bought the dip at 1711. mental stop is a round. Break Even Let's see how well it holds this level. So in at 17.11 you can see how quickly.
First you have 1753, then you have 16.50 the bottom of that candle wick 1705 on the Ask 1680 on the bed, 1717 on the Ask. So there you had: 1744 on the ass 1746 1744 Right now, the level two is kind of interesting because you have a stack, but I'm going to sell I'm going to go flat on it. Whatever, it's not holding up that well. I can come back to it Agle and this is kind of one of the challenges. um, having multiple stocks in Focus Agle has more attention right now, but it's not a price range that I like to trade so you know I have to know what I'm good at and what I'm not good at and trading a lower price stock like this is a Buy and Hold trying to take quick break out so that just doesn't work. So Gap fill on Agle gives you room up to around 1.22 lcfy leaving that on my other chart so that broke overview app. It was a five minute setup and it failed to pull away. It started to open up and now it's back below V web so just bass hits on it.
A couple base hit trades by the way, for those tuning in, uh, you can always see my P L top corner right up here when I'm in a trade. All right. So when I'm in a trade, you can see the P L. You could see whether the position is open or closed what my average price is, so you can see that while I'm in the trade positions are closed right now waiting for the next setup.
One of the most important things as a Trader is to be able to be patient to know what you're good at and be patient waiting for setups that more closely meet your criteria. Lcfy. Unfortunately, this chart is broken because that's a rejection there, right? So the volume. This is sort of interesting.
The volume on this candle is a big red bar. Now on the one minute you have a little bit of different story because the highest volume candle is green, but you have three or four relatively high volume red candles and those were in the same five minute period which makes the candle red. and uh, that unfortunately ruins the five minute chart. Dfli let me look.
I don't see anything on that I Use limit orders people. Okay, Ibda 9 A.M that was the last stock they had the scans agle up to 85 cents. Laughs! So I think the problem that we're going to have today is that nothing is going to be able to take over Focus from Agle until Agle rolls over. So as long as Agle is strong, Traders are going to focus on it and it it happens to be a stock that I don't like because of the price.
So you know different people have different schools of thought on this, but you know we could have a day where Tesla's the most obvious stock and I'm gonna say no I can't trade that because it's not the right price now. Could I trade it in my TD Ameritrade account? Sure. But the fact remains that historically, over long periods of time, I haven't done well trading penny stocks. So yeah, taking commissions out of the question? Uh, you know that that changes things.
but I don't feel incentivized to try to break the ice and start trading it. but we'll certainly not up here. and in any case, I just it's just not what I'm interested in doing. You know I I know what I'm good at and I know what I'm not good at and I don't really feel like uh, trading something that's outside my wheelhouse so it can go. You know if it goes to two dollars a share, then it starts to be inside my Wheelhouse in terms of price, but of course by that point it would be up like fourteen hundred percent I Think it's worth acknowledging that it's hard to be good at everything when it comes to trading. Some people are really good at penny stocks, and some people are really good at large caps, and some people are really good at small caps. and some people are good at options, trying to be good at all of them, and trying to chase whatever's most popular today is. um, that's a that's a tough thing to do, you don't want to get into the habit of just chasing.
Now, on the other hand, if we had a long, sustained period where every single day we were seeing penny stocks doing this, then okay, you know, yeah, it would probably make sense to start to adapt to the market, but in in all my years of trading I have not been able to find consistency trading stocks under a dollar and in fact, even under two dollars I don't do very well so I do best between 2 and 20. foreign. we'll have the halt levels. So yeah, those halt levels will likely be very close, which will squeeze it into halts back to back to back to back.
But I don't know? All right. So we've got nine minutes to the opening bell agle up 680 percent. So yeah, Cmeg is an offshore broker. that's uh, I have an account there.
A lot of Traders have accounts there Capital Markets Elite Group Anthony So on my last trade when I got in at 1711, I was hoping that that was a dip that was going to curl back up to 18 and I could add to it. so I only had a starter position so I was able to give it a little bit more room now I could have just pulled that profit off when it went to 1750 for you know, 30 40 cents. In hindsight, you know that would have been fine. The thing is, I already had a cushion on the day for my first trade, so for the second one I was like, okay, let's give this thing a second and see if it actually wants to move higher and then I could start adding into it for the move up to 18 1850, 19, 20 back to the pre-market highs.
Maybe right? So you know that sort of is one of the things that changes between having broken the ice and you know, and not so once I'd already taken a trade and I've gotten a little cushion on the second trade, I was willing to let it ride a little bit more because you know that's how I could have gone from up 1500 to Up 3, 500 or 4 500. So those of you guys tuning in on: YouTube thank you for hitting the thumbs up! Appreciate you guys being here as always. We've got about seven minutes to the opening bell I'm thinking at this point hmm what's the most obvious one? Agle Lcfy Lcfy made the biggest dollars per share move at the open. it's very possible to see volume bars.
They're bigger than anything we've seen pre-market so if we see some green ones, maybe we get some more action. but I don't know. Right now it feels like we just are kind of in a holding pattern. So Agle that's the one people are going to focus on. Root can't trust that one because the stock could get halted pending news. Don't want to get stuck in a circuit breaker hall or a news. Hall I mean Nav B lower price popping up a little. Maybe some sympathy.
So next week I'm going to be on the traveling trading station again and it'll be in Italy So internet connection we'll see. hopefully it's good. Uh I'll be in Rome on I think Monday and I don't I don't even really remember but I think Monday and Tuesday and then I'll head to the Uh Coast Amalfi Coast on midweek Wednesday I think and then I'll be there for a few weeks. so I'll be streaming priority of course always to my warrior Pro students in the chat room so gotta get the stream up for you guys first and foremost.
and then if I have bandwidth, I'll stream Morning Show on YouTube as well. All right. So I think we've got a little bit of a game plan today. Let's see what holds up what gives us action into the Open.
I'll be a bystander on Agle, but we'll be interested to watch to see what it can do. You know again, if you felt like breaking the ice with a trade from like 95 cents to maybe a halt at a dollar five or a dollar fifteen that you know I'm sure that something like that would be fine, but you may have a couple hundred thousand shares of sell orders, a million shares? maybe? write it a dollar. People who bought at 50 cents and are like I'll just put my sell order at a dollar so you know, just don't be shocked. And you may also see somebody press the market order button at the Open to sell a couple hundred thousand shares.
So you're gonna see some whips with some of those big orders. That's one of the things that's a challenge is, um, seeing some of those big orders on penny stocks. People just pressing the buy and sell button for you know, a couple hundred thousand shares that can create some pop and drops. So all right.
So with that, um I will end the morning show. Thank you guys for tuning in. Reminders: Always trading is risky. Thank you.
PiK
LCFY was my biggest winner of the day
No trade on Friday
AGLE blew today
I'm curious why you didn't trade that IPO this morning ? $METCB.
Ross can you be more picky with your stock, I traded LCFY with you and ended up losing 9k on it! My biggest lost ever😢 I’m also a worrier member
I have a 800 to invest what should I invest in
What is AGLE