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Warrior Trading // Ross Cameron // Day Trade Warrior
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/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
What's up everyone? Alright, so here we are: finishing the third day of June and it's another green day for me. Up $1400 today, just under 1500, which puts me up twenty six hundred dollars in the last two days. now. right now we're still in a market where it's a little choppy and you know we're not seeing really, really good follow-through Not a lot of home runs, but a lot of base hits and those base hits add up.
So last week we had a very choppy week almost every single day. I started it in the red my very first trade out of the gates I went red and then I had to spend the rest of the morning digging myself out of the hole and that worked Tuesday Wednesday Thursday I finished green, but then Friday I went red and then I went further and further into the red. and now I'm trying to dig myself out of that hole and it's just doing it one trade at a time. one base hit and I'm not in a place right now where I can be really, really aggressive I've got to be on the defensive I've got to just dig myself out of this hole without taking a lot of risk.
When you're having a really great week or really great month, you can afford to take a little bit of risk. You know you can say look, I'm I'm up $8,000 this week I can take $1,000 of high risk on this trade that if it works, could give me a $5,000 5 to 1 you know ratio. A really good winner. but when you're in a position where you're digging yourself out of the hole, you can't be as aggressive.
And so it does hurt you because you end up missing some opportunities that could end up really boosting your P&L And you know that's the price you pay for getting too aggressive at the wrong time and digging yourself that hole to begin with. So right now for me, it's all about base hits. Green is good. I'm happy with today.
happy with yesterday I Don't want to do it again tomorrow. So anyways, we're gonna break down all of today's trades in today's midday. Marco Recap All right. Enjoy! What's up everyone? All right? So we're gonna break down the trades from this morning, finishing the day up 1496 dollars.
You can hear the scanners still running a little bit. I'm done trading though. I'm gonna lock it up and be happy for another green day. So you know that's $2,500 in the last two days.
and that's the way you start digging yourself out of the hole. You know, one shovel full at a time. So obviously last money on the first day of the month I did the same thing in April and I Still yeah it's did the same thing in May and I still finished May up 75 or 74 thousand dollars. so you know to spike starting the month with loss I was able to bounce back and you know here we are today.
third day of the month and I'm working on digging myself out of the hole and you know then going into the green. So up about 2,500 this week, 1,100 yesterday for 1,500 today, so 2,600 whatever. It is also the 100th day of the year, so we are almost halfway through. not quite.
We've got about 220 trading days in the year, but making nice progress here. So I'm just gonna write this in my calendar. one thousand, four hundred, ninety six dollars, and 53 cents. All right. Green is good, but you know what? Today was another day where the market was a little on the choppy side. No huge winners. You know a little bit of profit on a couple different names, green on all four names, which is awesome. Seven trades and five winners.
So in the last two days my accuracy is 76% which is solid, but you know there are no homerun trades and good winners. Progress is great, but nothing that I'd consider a homerun. So let's look at today's trades all right now. This morning we started by looking at the Gap scanner as always and on the Gap scanner we didn't have a lot that looked amazing but we had two that we were watching.
So the Gap scanner this searches is you guys know for the stocks the market that are up the most today and it does that pre market. So at 9:15 which stocks are up the most and this is a really good indicator of which stocks will be most volatile today and which ones will give us the most opportunity. So as you can see here, this is our Gap scanner from this morning. We had a M Rh Co DX and I guess well gee I I eyes on there as well though we weren't watching that in pre market so we had a couple that we were watching and I'm just gonna pull up my my pointer.
let's see there we go activate. Alright so here we go. So Am Rh. This has a 9 point 4 3 million share float.
Alright so low flow. it was gapping up at the time pre market I'm gonna go here to time frame use historical date We're gonna start this for 9:15 A.m. Alright so this is what the scanner looked like at 9:15 so is gapping up a hundred and forty one percent which is a huge gap on eight hundred and forty thousand shares of volume. So decent volume.
It did have news on it which of course we like. That's the catalyst. That's what's driving the stock higher and we're watching it for a possible scalp over two dollars. Alright so this was pre market high was 208.
So I mark out the pre-market high and then I come into my level two window here in Lightspeed I type in the stock and I type in the pre-market high which at the time was 208 and I've got my order ready to go. now. what ended up happening is I ended up double-clicking the ask here and whenever you double click the ask, it changes your price from whatever you put into what the current ask is. So I had put into a wait and then I don't know by accident or I don't know why I did it but I double click the ask and that was when it was at 96.
I Then pressed the Buy button three times to buy 7,500 shares, but immediately the stock was over two dollars and so I didn't get filled on my order right out of the gate. The stock pops up from two dollars all the way up to a high of 217 to 50 to 49 and then to 60. So that's you know, 50 Cent's was 75 shares. its $3,000 but you know it is what it is. So I missed that first move which was the cleanest move of the day. I then ended up taking a couple little scalp trades. My first trade on it was an entry at 248, so I got in right here. As it was getting up to the half dollar popped up to 40 members.
you know guy didn't hear 48 on this little one-minute micro pullback. We pulled us back to a 15-second chart. You'll get a better sense of the pullback that I was seeing now I Don't trade with 15-second charts but I will use them to show you guys what I saw kind of within these very short periods of time so you can see right out of the gate. So we had a little bit of a flag right here at 2:17 right and I was talking about getting in at 217 but it just popped up too fast and I didn't I don't know I guess I didn't get filled or whatever I think I maybe tried to but no I guess not so pops up over to 17.
then it pops up to a high of 249 I get in right here for the break over to 50 and it pops up to a high of 260. All right, so that's where we see that move right there. up to 260 I got in at 50 49, sold at 53 52 57 sorry I added back in 57 for the break over 60 this was at 9:35 so that was back here. we tapped 60, we don't hold that level and I stopped out of 51.
So in those first two trades, I made like 250 bucks and then I lost like 350 bucks. So I was down about $100 on am Rh in the first few minutes of trading and obviously that was a little disappointing. That's not what I wanted to have happen, but you know I missed this first move right here because I didn't get my order filled down here at $2 which is where I wanted to get in. So that's just the luck of the draw.
Sometimes that'll happen so no fill on that but was able to take a couple scalp trades and in total made back. Basically what I lost and finished the day up $14 on that stop? $14 Not a lot, but you know Green is good. As you can see, we did break over the highs. This is a place where I got back in for the high a day break.
Let's see if I scroll down here and you'll see a couple trades on Co D accident so 265 here. This was me getting in for the hide a break. We got this little scalp set up here. let's see.
so that was at 46 43. so I was in this right here for the pop up to 70. you know, a small little scalp in it 65 right here. Kind of anticipating this break over the high a day so that would have been right in this candle here in pops up hit 7d doesn't break that level.
So I start selling at 69 66 and I sell the rest of 66. so I ended up being only small winner on that. I think I got back in. yeah maybe that was it.
So that one was the one that got me up to green on the name and with that I was just kind of done. So not an easy trade. It was kind of choppy and when we were doing our pre trading checklist this morning now that was one of the things I said is that we're still in a little bit of a choppy market. We haven't seen really clean follow through so it's still a time to be a little careful. Alright so I was a March no Co DX was also in our scans this morning it was gapping up with news but I was a little iffy about it because it had started to fade a little bit pre market in this area. Here you know in this area it was still looking good so as of like right? Well I can't do that as of let's see as of right here it was looking good but then when it started to sell off it wasn't looking as pretty. but the bell rang and off it goes. So you see initially it popped up to six dollars right here and then it sold off and as it curled back up right here this is where I got in I entered at 6:20 All right so go up to this.
Co DX So I got in. this is 617 619, 6, 1970 500 shares. A little bit heavier on size but I thought this had a real good chance of hitting the pre-market high of 3:30 oh sorry, 6:30 and then breaking through that level. So I'm in this at 6:17 6:20 and then I'm selling on this move through the highs so it tapped out at a high of 666 and with that I made 950 bucks so that was the one nice wind today and I needed that one so almost $1,000 profit on that I Was watching it in this area for a possible move higher but this candle broke, you know, broke down and then at that point I couldn't keep I couldn't trade it so it's just come back down.
didn't hold up very well. Disappointing. Alright, next one was Ndra this one I saw you guys call out in the chat room at $2 when I first pulled up the stock I saw it hitting our scanners here at 229 239, you know I thought the volume was a little light and I've gotten you know, beaten up a couple times in the last week and a half on these types of stocks. So I wasn't as quick to jump in it, but ended up squeezing from two all the way up to a high of 280 and then getting halted on a circuit breaker.
Its halted, it resumes and squeezes up to a high of 350. I jumped in it thinking that I might be able to scalp around 350 I got into 325, added it, 340, added more at 342 I was looking for the break of the half dollar right right up here I was looking for that break. We ended up hitting 350 and not breaking and when I saw some hidden sellers there and saw that it wasn't breaking, that's when I decided to start selling. So I sold at 49 48 forty and then ended up stopping out of the rest at 310.
So on that first trade I lost 250 bucks I stopped out as it came back down here but I kept it on watch as it curled up here. First five-minute kennel to make a new high break through the V whap that's where I got back in it I jumped in at $3 and it ended up hitting a high here 3:20 So I got a little scalp there from 3 to 320 and made back about $350 which puts me up 67 on the name. but again, this is not home run stuff. You know this is just a little bit of profit which is fine in this case. I was you know, a little bit, you know I was a little bit conservative I'm taking that entry but of course I have to be a little conservative right now because I just had a big loss last Friday and right now I've got dig myself out of the hole I can't risk going deeper into the hole by taking a higher risk trade. so I'm being a little more conservative, but that's paying off right now. Two back-to-back green days. Thousand dollars a day, you know? I can feel good about that and you know by the end of the week start to build up a little bit of consistency.
hopefully. I Have you know the whole week is green? fingers crossed and then next week if we're seeing good momentum I can start to maybe be a little bit more aggressive as I've begun to build build up a little bit more of a cushion. Last trade was chk E and this one, you know it's not the type that I'm really that excited about. It broke through a dollar and is halted on a circuit breaker.
at a dollar eight, it resumes higher I end up getting in it for a little scalp right around a dollar 20. So I'm in at a dollar $19 $21 $22 28 and I ended up selling it a dollar thirty to thirty 126. So really a small scalp here from 120 up to 130? I Didn't know if maybe it would go into another circuit breaker hauled if it would get above a dollar 50 and really take off, but it just didn't So four hundred sixty dollars on that which is good. You know that's a good profit and that puts me up 1496 dollars on the day which is good.
eighty-five thousand dollars in my account right now I'm trying to make my way up to like a hundred thousand bucks. I Took out money last week and withdrew $50,000 from my account. You know, for the most part, that's the money that I'm gonna be donating to charities from last month's profit. but I just wanted to take some money out of the account.
That's something that's important for you to do. As a trader, you don't want to leave all your money in the account, you want to keep just enough in the account for you to you know, continue to trade and have enough buying power. and then you want to take out your profits, you want to pay yourself. It's really important.
So took out profits and paid myself and have 85,000 still sitting in there. Alright, so anyways, that's about it for today. Another green day. I'm happy with that hundredth day of the year and we'll be back at it first thing tomorrow morning 9:00 9:15 pre market analysis and we'll see if we can find a couple more stocks to trade.
All right, so that's the game plan. I'll see you all back here first thing tomorrow morning. If you're still watching, you must have really enjoyed that video. So why not subscribe and get email alerts anytime? I Upload new content.
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Wow June 3 rd..my youngest daughters birthday.. I miss this video that day…
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Hi Ross, I am using your techniques 5-minutes bull flag on all my trades. I read this on your book. I had two trades today 5 minutes bull flag. Codx and chke
What MA are you using. Is it 9 day, 20 day etc….
made the same trade basically $NDRA was way to quick then it was weak but that the market were in
i thought it was just me, but this video confirms how quick Ross is seeing the opportunity. when he shared how he saw his entry within the candlestick and showed it on a 15 second chart 😮 jus amazing. thanks for your insight Ross. great video as always.
Just curious, but with your understanding of the market… Why don't you short? Just an honest question, I know how some people look at shorting.
Exactly how I am right now literally down 300 in my 1000 account on das trader simulator when I was up over 1200 last month gave it all back an more getting aggressive an basically taking to much risk but it was a verry good learning lesson ON MANAGING MONEY I’ve learned you can be a hell of a trader an be green all the time but if you DONT MANAGE your money you will loose it all
I bought your book and can you explain some positions you take which by your book would be viewed as somewhat chasing? How do you differentiate?
You are a real inspiration Ross! What parameters are you watching when you assess risk and reward AFTER the bell and when the tickers are moving so quickly?
I want to learn more ! 🙁 so new ….
Good Evening Ross,
What are your thoughts on using spreadsheets to track stocks i.e. gap and crap for shorts, etc. I personally think spreadsheets provide confirmation bias and they don't account for a multitude of other factors – what do you think??
Green is good, nice work today Ross. 4 trades with 3 winners, total profit of a whopping 4c. Tomorrow I hope to make back my commissions. June is starting out slow, do you think momentum will pick back up before everyone goes to the cottage for the summer?
Was up around $6,000 total on AMRH and CODX in the sim, but the stupid thing wouldn't allow me to close positions out as usual so… I ended up having to sell on the market which is usually a disaster. Ended up down $2,200 with a $1,075 win on NDRA for a total loss of $1,125. I consider it a success since all three of my entries and exits would've been great otherwise.
EDIT: On a side note, I'm up over $45,000 on my investopia portfolio in less than a month. lol
I like how you added the red marker to highlight plays and entries. Def keep that 🙂
What kind of order types are you using to plan exits and entry's? I just started trading out of the simulator with small size. It's not quite the same. I'm now using stop limit orders for entries and exits with a few cents of leeway from my stops. Is this the best route? Granted, if a stock moves too quickly I may not get filled? I used stop market orders yesterday, but think I got filled at the high on the buy and at the low on the sell so I lost on that trade. Thank you in advance! In the simulator, i used stop limit orders with my stop price the same as the limit and always got filled. This is not the case live.
Do they take 20% of all your profits at the end of the year for taxes?
Do you trade premarket?
Hey Ross, I've heard you mention a few times there are ~220 trading days per year, but when I search google, it reports the NYSE has 252 trading days per year. Do you mind sharing what your figure is based on. Thanks again for all your help!!
Bro I need to talk to you one on one
There's more quality education in these casts than what most sell. You are doing great service to the community by being 100% transparent. I m an observer, not a subscriber so no hidden agenda. Just impressed and appreciative.
I called “CODX” on your live stream this morning Ross I bought in @ 5.75 I’m glad you got some money out of it too boss 💪🏽😎
When there's a setback, turn it into a comeback.
You're going to go far with this attitude. Keep up the good work!
Good man💪 good to see. Dig in and Dig out.
Hi Ross, I am new subscriber and fresh fish in stock, I came through you by my friend advise, thank you for all help lax and supports. 😃😃