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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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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
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 12th green day in a row I Couldn't be more happy. Now yesterday, you'll remember I have a pretty close call I was up finished. They have 1,300 bucks but I was down a little spore grin before digging my way out of the hole. So I knew that today was gonna be risky.
you know, after having three days of kind of declining profits with yesterday being almost red, I knew there was a really good chance that today could be a red day and so I set the goal pre-market I'm only gonna try to make $500 I'm not going to be aggressive. Well we ended up having a great setup I jumped into it right out of the gates risking only $300 with a 2,000 share position, it's squeezed up I ended up added another 3000 shares adjusting my stop to break-even meeting I had 5,000 shares and zero risk and Boom made $1,700 in the first 30 seconds of the day first minute of the day I won seven hundred bucks, got back in, made another thousand of 2,200 one more trade of $3500 in that one on that one stock so that was a great way to start the day and then from that cushion I was like okay I don't want to finish today with anything less than $2,000 which means that most I could take you know two trades risking 750 m both of them if I lose on both. Boom today took more trades than shooting today up $5,400 So actually the biggest green day of the week and I am feeling good about that. So we're going to tomorrow, hopefully with one more green day.
But you know what? tomorrow if I'm Green will be Friday and my 13th consecutive green. A little spooky. See if we can do it right. Go! Alright, so hope you guys enjoyed the recap today! I'm also gonna announce right now I'll say it during the recap that we are gonna be hosting a live workshop at this coming Monday at 7 p.m.
Eastern So if you want to hang out with me for two two-and-a-half three hours and learn about how I find stocks to train, how I manage risk and how I find my entry points register for the workshop. Alright, see you guys there and if you have any questions comments we pull up I'll answer later. All right everyone. So we're gonna do our midday market recap here and go over the trades from this morning.
This ended up being a really solid day. A 5422 dollars and 59 cents. I had actually made it official in my calendar writing down $4,200 but took one more trade and up forty fifty Four hundred dollars. So nice.
Nicely, nicely done complimenting myself, but any case, it's good to give yourself pat on the back sometimes. Twelve consecutive green day and about fifty six, sixty thousand dollars or so in the last twelve days. This has been a great hot streak. I haven't had one of these in a while, so I'm you know you got it guy.
Give yourself a pat on the back and you get that hot streak because during the the depths of a cold streak, it's easy to. you know, just feel kind of like uh, you know I haven't broken a thousand dollars in a week and you know all I'm doing is, you know, grinding and you know I've been trading for the last ten days and I've only made a thousand dollars I've been there, you know I've I've had weeks where I lose seven thousand dollars on Monday and then I'm spending the next ten days digging myself out of the hole. and then I Have you know stretches like this where I'm just raking in the profit and I'm crushing it. This is what I did last November last November I made eighty one thousand, two hundred and sixty nine dollars and twenty five cents last December I made eighty four thousand dollars last January I made one hundred seventeen thousand dollars. Those three months were you know, my 3-month hot streak. That was a bigger hot streak than I've ever had and there's no reason to think that my growth is trader and you know, just my skill getting better in the last year that I won't have a hot streak like that. that will be even bigger than last year's And this is the time of year that I'm kind of expecting it. November has been pretty hot.
we didn't get a Dr. Ys or LF i end type of move. Those who have been trading for a few years you remember a couple of these stocks that have gone totally bananas. LF I n made a move last year from have literally five dollars and fifty cents up to a hundred and forty two dollars in three days.
It was insane. The year before that we had D our YS over the course of like three days and it's since had a bunch of reverse splits and has dropped down a lot. But if you go back on the daily chart and have it and go back a little ways here here we go you can see this massive spike. it just you know went up whatever five thousand percent.
It did come back down but this was in November So you know the last two years we've had a couple of really big November moves. This year we didn't really have that. well we saw tomorrow, you know, but we didn't have it and I don't know I guess we're just kind of. We're still.
we're seeing good momentum but not that crazy crazy multi-day momentum that, but that kind of thought we might see this this month. So today I came in doing the same thing I always do break it down the watchlist reminder for those of you guys just tuning in on Facebook or just watching this recap on on YouTube We had an amazing workshop about a week and a half ago. On Monday night it was a Monday 7 o'clock workshop where I spent about two and a half three hours going through my strategy really sort of pulling back the curtains at breaking it down. How I find stocks to trade, how I know where to get in, where to get out, and how I manage risk.
So my winners are bigger than my losers. so I'd love to have you guys who haven't attended one of these workshops before register for the Encore which is going to be this coming Monday the third. All right! So there are a lot of people that didn't get a chance to attend the workshop because we only announced it that Sunday that we were going to do this tomorrow. So you know here we are: Thursday I'm giving you guys like you know, five days notice that this coming Monday P.m. hosted workshops so those of you watching on Facebook in YouTube well put the link in the description below. Hopefully we'll see you guys there now. Someone on YouTube earlier today his nickname was Og commented that trading is a lot like boxing and I'm gonna I'm gonna use his analogy but credit him for coming up with it And what he said was that for 45 minutes in the ring you've got a train for 45,000 hours. For 10 minutes in the ring, you've got a train for 10,000 hours.
And this morning in the first 1 minute of the day, 1 minute into the day. let's scroll down here: I got into TN XP at 7:05 and was selling it right up here at 774 and within 40 seconds within actually 30 seconds, I had made over $1,700 And think about all the years of studying that I've had to put in to get to the point where in one minute I can make almost 1,800 bucks by the end of the first hour. By 10:30 I'm up five thousand dollars. And no, I don't do it every day.
I mean my average is $2,200 a day for the last two hundred eighteen days of this year. So I've been doing pretty well. Five thousand dollars is above the average. I'll have some days that are a little below the average, but it took a long time to get to the point where I could do this consistently and that's because for the most part I had to learn it all myself and I didn't have anyone that I was able to kind of kind of model my strategy after.
And you guys have such an advantage in the fact that you're able to, you know. take the blueprint and the framework that I give you and you just need to learn the strategy. It's not going to work for everyone. You've got to have an aptitude.
You've got to be quick. You've got to want to make it happen. You've got to be motivated. But my blueprint.
My strategy works and I prove it every single day. Obviously some of you guys have focused more on Mike's blueprint. His strategy. He trades large cap stocks Apple Netflix Tesla and he does really well with with those stocks.
There's not one single strategy for being a profitable trader. there's probably almost. You know as many strategies as there are traders in fact, but most strategies will fall into one of a couple of small kind of you know groups being momentum being counter-trend, being based on swing trading being based on options trading you know, commodities, crypto, etc and my strategy is based on trading stocks between $1 and $10 These are great because even with a really tiny account of as little as 500 bucks, you can trade them. So this morning my job was to look for try to find one or maybe two stocks under $10 that I thought had the potential to make a 20 to 30 percent move.
So the Gap scanner here is what I use every single day. This is how I find my needle in the haystack. There's over 10,000 different stocks and financial instruments you could be trading. How do we narrow it down to the one or two each day that has the potential to move 20 to 30 percent and therefore give you a good opportunity as a day trader? So I use the scanner right here and from all of those stocks. I've narrowed it down to a list this morning about let's see: 2, 4, 6, 8, 10, 12, 14, 16, 18, 20. So looks like probably about 35 stocks. So we've done a really good job narrowing it down and I'm gonna narrow it down even further. So what I'm gonna do now that I've got this pool of stocks, this group right here is: I'm gonna take out all the ones that have low volume now.
A stock that's on the scanner I could create a filter on the scanner set to filter out anything with low volume I could filter out anything that is not in my price range. you know a stock for instance that's you know, 50 Cent's or stock the TV four dollars. but I like to see what's happening in the market I don't want to have tunnel vision so I look at the whole market knowing still it's still only like 35 stocks and then from there I narrow it down. So right away I knew Abercrombie & Fitch would not be on my watch list.
so that one's no-go this one. the volume was too light. 250 shares this one the volume is too light. This one's too expensive.
This one was actually a maybe So I Just no, no no no maybe volume is a little light. We'll come back to it. Too cheap. Too expensive, too expensive.
Volumes to light float is too high at 80 million shares volumes Also too light. Price is too cheap to cheap. Volumes to light. Too cheap, too cheap.
Float is too high at 133 million shares. Floats too high, Not enough volume. And so pretty much what we've done is: we've narrowed it down to one stock and this happens to be our leading gap. or today.
All right. So Tnx peak. This might sound familiar because I Traded the stock yesterday and lost $1,000 on it. I Still finished the day up $1300 yesterday which was not bad, but TN XP Yesterday popped up and then ended up doing the kind of false breakout dropping down.
So anyways, I lost money on it yesterday. but then this morning all of a sudden I see it at the top of the scanner up ninety-two percent. This meets my criteria. Ok, the price is between $1 and $10 7 dollars and 30 cents.
It's gapping up at least 5% which is my minimum threshold. It's got above-average volume today. Rd 1.7 million shares of volume pre market. It's got a float of 7.8 million shares being below the 10 million dollar 10 million shares float that we kind of prefer.
So check, check, check. And now what's moving it higher? There's a catalyst, all right. So this has news this morning and that's what we needed to really, you know, help propel the stock higher. So on the daily chart I saw the first resistance point was at let's see a high of 988. Ok, so it was actually 988 right there. Now you'll notice that it hit a high today of 960, almost double topping at that resistance point. Not surprising. 14 million shares of volume I've got $3,500 a profit on the stock when I look back at my trading metrics.
One of the things that you'll notice is that I do better on stocks with more volume. There was one today that I'll show you just for a second a GE age that made a big move from a dollar 50 all the way up to four dollars and 20 cents. but the volume today is only a hundred and sixty eight thousand shares. It's very thinly traded, very light volume, and I don't usually do well on stocks like that.
although they can move quickly and they can be very volatile. I Typically it's just not my wheelhouse now. I Know this because I look at my metrics well. I look at them on a monthly basis.
So if I look at my detailed trading profits over a million dollars of profits here. and if I look at instrument I can see I believe it's instrument. Yeah, distribute distribution of profits by instruments volume. So I make the most money on stocks between ten and twenty five million shares of volume on the day and TN XP is gonna fall into that category of fourteen million shares right now.
So I make more money with more volume You know, occasionally it'll be a light volume stock that I make a little on. I Actually don't lose money in any volume category and that's mostly because well actually shows that I do have a little bit of loss here. Oh, this is distribution of sorry, this is distribution of trades Now this is my profit. Okay, so here's where I actually do the most between five and ten million.
a little bit less here. Tnx P will help boost that up. but I actually lose money as it turns out below half a million shares of volume and a stock like age would fit into that category. When you know these metrics about yourself, it allows you to be a more informed trader.
So of course one of the things that we do is for all of you guys who are trading in our simulator, we aggregate all of your trading data so you can have that information at your fingertips. You can know what type of stocks you trade best. If you don't know that information, how are you ever going to become a better, more successful, more profitable trader? So those of you guys using the Sim I'll get logged into this real quick if you go to. you can add a widget if you'd like and the three that I have are my aptitudes, my profit trifecta and my weekly net profit I Don't trade in the Sim very often, but if I go to I'll let those charts load and then I'll go to my aptitudes and it'll show you that kind of high-level view of my trading my training data.
This is what you need in order to always try to become a better trader. You know to review your metrics and work to improve those numbers. I do it every single month the end of the month I review my metrics I ask myself what am I doing that's working, What's right? What's wrong? So you can see it all right here. So we give you this information: profitability by volume, profitability by price, etc. so you can make informed decisions. Alright, so anyways, um tn XP it's on the Gap scanner. The bell rings and I'm gonna go down to a 10-second chart which I don't use for trading, but I use just for explaining to you guys. You know what I'm doing sometimes because these some of these traits are gonna be really quick.
So let's pull back here. Ok so just before the bell, it popped up to a high of 7 dollars and 40 cents right up here. It then drops down to a low of 690-i This is exactly what I wanted I wanted it to pull, pull back and then surged back up and give me a red to green move. So as it dropped down and then broke back over 7 I took a starter of 2,000 shares at 705, risking only actually three hundred dollars I raise three hundred dollars as it searches up and breaks through high of day of 25 I pressed shift 1 to buy 3000 shares I got filled at 7:29 So now I've got 5,000 shares at an average price of about 718 I go ahead and sell half up 10 cents from the ad and now boom you know I've booked like five hundred dollars of profit or seven hundred I sell more 758 more at 779, more 774 and so right there in that period of 30 seconds I made 1,800 bucks.
This move went up to a high of 790. It pulls back right here and then I get in for the first one minute candle to make a new high. Adding actually hold up and I'm looking at the 10-second chart I need to pull this back. Alright, so now let's switch to the 1-minute chart.
Ok, there we go. Ok, so it ends up pulling back and then doing a second red degree move and as it surges back up here looking to double double top a breakthrough 90 I Go ahead and add a starter at 84, adding at 95. Only got a partial fill of my order because it was moving so fast and then flipped shares on the ask at 799 Seven eight oh seven eight oh two and eight nineteen to take some profit. I Then got back in on this one-minute micro pullback.
As you can see right here, the high was 840 I jumped in at 37, doubled at 49 and was selling this boom actually literally got a fill at high of almost at high of day I mean that was lucky I'll admit it was lucky because it just spiked up there I put out three more orders and they didn't fail and then I sold on the bid at 71 and 56. so you know this one just ended up being really nice. Three good opportunities, three green trades. so I feel good about that.
All right. So that's Tnx P.m. and that was the only trade I took in the main account there for the first 45 minutes of the day or for the first 15 minutes of the day. Then I switch gears we see our L r LM pop-up and this one I was a little unsure about it. squeezed up to 415 I could tell it was about to get halted. There was an opportunity for me to add going into the halt but didn't take that opportunity. Here's my profit in my IRA account by the way: I didn't take the opportunity I just I Kind of just let it go without me. but as it came out of the halt, I went ahead and jumped it so it resumes from the halt and I jumped in at 475 and 534 trying to take 6000 shares but only filling a thousand.
it resumes and I'm selling at five fifty five forty. Yeah, and that was it I tried to sell it 97. it did hit a high of 98 it looks like but I didn't get filled up there. So I ended up making 60 cents per share or six hundred and nine dollars on a thousand shares which was not bad.
The TN XP positions. You can see them right here. The share size mostly smaller positions really wasn't super aggressive. Four thousand shares there.
Alright, so so that got me up to plus forty two hundred on the day, the 35 36 plus the 600 and then we had eighty Il Papa ad IL squeezes up, gets halted, going up, opens higher and then comes right back down and I sort of wrote it off, but you know what? It ended up continuing and it should have gotten back in or should have gone forward a little more aggressively over 320 or 305. but I didn't It then surges up and as it was getting closer to four I could see that I thought it was about to get halted. You can see L uld here at 409 the way you can get that on your charts you can only get this on Sterling in Lightspeed you go to level 2 you say highlight specific market makers, click the maker, type in star and then L you LD okay and then you color it as you'd like on light speed you can do the same thing these are already there. they're just not colored on light speed.
You go to settings. Highlights: go to all and then type L uld choose your color and click Add and it'll be there for all symbols. This tells you when the stock is about to get halted. Limit up limit down on volatility.
Alright, so as I Saw is about to get halted I Went ahead and jumped in in my IRA account. Took a starter at 382 and tried to double but I ran out of buying power. Alright, so I was out of buying power I wasn't able to double it for dollars. You know it is what it is and so I just sold it for 18 and 417.
It ended up hitting a high of 426 I've I took my profit I Bought three thousand shares in my main account, getting only a partial fill at 405, adding at seventeen and selling at 19 and 21 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. Remember when you subscribe, you become a member of the Warrior trading family.
How can it be that my profit/loss ratio is -1.1 but my average nett profit is greater than my average nett loss?
Can you please explain to me what the difference is between Profit/Loss Ratio and Profit Factor?
You are an inspiration 🙌🙌
The Monday class will also be for YouTube viewers?
I have looked through the "description below" but I don't see the link for the 7PM seminar. I have been waiting for a evening seminar, since I cannot attend the day seminars. Thanks.
Ross the last videos you uploaded have a frozen picture look at the videos. This and the one from today too.
for some reason you were frozen most of the video 🙁
whats up everyone. Alright so.
Awesome! I don't have the guts to do day trading, I'm more of a swing trader, but I love watching your channel.
I have won demo trades at all time frames of the day
Best 10pm -4am and some 6am
But live I lose? My first trade
How do I cancel my rushing for just the profit all currency just watching trades like sq
I have a ? How do I find what a company's exchange name is? What I mean is If I want to invest in say Polaris how would I find out what it is listed as on the exchange?
Multiple times I tried to sell and just got an error message when I had no problem the day before bought to get in hotkeys to get out how do you fix that I watch my profit go down the drain because of nothing but error messages
Ross, what is the hot key you use to move your stop to Break even? The sim has a default hot key of -.20 below your position, but I would love to have a break even stop hot key or maybe a .10 or .20 cent below current price stop point so I can keep adjusting my stop upwards
What do you do when you hit hotkey to sell and it does not sell and gives you an error message when you're trying to sell also when you did not have a problem the day prior with your hotkeys who do you scream at
Drys moved due to the the presidential election "promises" on shipping jobs
Exactly.
How do you go about doing your taxes with all that wash sales? MTM ?
Hey Ross, though I did take your course, I never understood what to do in a situation where you're long on a low float stock and the prices go against you by around 70c in seconds and just as quickly return back in your favor: do you exit the trade ASAP to avoid a bigger losses or do you stay if you have a logical reason to do so (like the market bouncing back strongly after falling below the 200 EMA)? Usually I stay in the trade because sometimes the prices recover and the stock goes on to make a new high
hi warrior you use free scanner or pay for that?
Do you ever trade premarket before the bell?
Great stuff..You are a great trader! good job!
The video didn't play smoothly; the screen looks frozen most of the time. Any ideas why?
Hey Ross,
You should upgrade your notebook to something more powerful or create a dedicated streaming machine, because as soon as you start touching any of your apps (eSignal or TradeIdeas) your stream/recording has massive lags!!!
I hate that once I finally get in the program and actually getting the strategies down pack the market will be slowing down🤦🏽♂️
who is the DJ?
Nice man!. Took 3 trades today. All green:)
Thanks! I’ve always wanted to stock trade since I was 16, I’m 23 now and starting. Watching you gave me the push I needed to start, and after watching this video, it’s inspiring from the words you use. Thanks man. much love!
Other than Webull, Robinhood, firstrade does ANYbody know of a free commission broker?! Firstrade doesn't have live P/L price action on their buy/sell page (obv crucial for momentum scalp trading). Thank you.
How much money do you put in on average?
In the BullFlag pattern do you buy after the first candle to make a new high or after the first green candle breaks the high of the red candle?