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Warrior Trading // Ross Cameron // Day Trade Warrior

What's up everyone? Alright, so here we are: Thursday morning and I'm walking up another green day now. Today for a change, I just went green. I didn't go red today if you recall last Friday and then again Tuesday and again Wednesday. I went into the Red before having to spend most of the morning digging myself out of the hole to come in just above Green on the P L and it's kind of exhausting and frustrating to do that.

So on each of those three days. So three out of the last five days I went red before going green. And on those three days, my first trade dropped me into the ring. So today as I sat down, I was like go slow.

Be really careful on that first trade because I don't want to do that again today. I don't want to spend the whole morning digging myself out of the hole. I'd rather not trade at all than do that. And so I actually thought today was going to be a no trade day.

I sat down early and there were no trades. top of the hour, bottom of the hour, top of the hour come up to 9, 9, 15. I'm still sitting there like nothing's moving and then we have ssy it hits the scanner Hi-day momentum scanner. Now I had already looked at it earlier because it was on the gap scanner.

It was actually our leading gapper this morning up 30. but when I sat down earlier, it was on the scan. it just wasn't a big gap. or it was at like two.

Uh, 192, 193. Something like that. So I saw it and I was like, okay, Interesting. but it wasn't really moving at the time, it was just on the scan.

so I kind of looked at the next one. but then a little bit past nine when it hit the high day momentum scanner that told me it was moving up. Right at that moment I pulled it up, it was at two dollars, half dollar whole dollar level. I jumped in.

We got the Breakthrough two and squeezed up to 225 230 235. So we ended up getting some nice trades and I locked up some profit on it, which was great. And then I took that profit cushion to roll in to the next trade on drug and that's the one we'll be breaking down during the recap. All right, So I hope you guys hit the thumbs up.

I hope you're subscribed to the channel and I'll see you back at it first thing tomorrow morning. All right, see you in the morning. All right. Well, I'm going to finish today.

About halfway to the Daily Goal: 2 300, 4.89 Profits on drug profits on ssy. both small gains relatively speaking, but you know, another another green day. It's good. As I had said yesterday, at this point, three out of the last five days I've gone into the red before rallying back into the green.

Monday was just solid green, and today Thursday just solid green. Didn't not that it's big gains today, but I didn't go into the red before you know, rallying back into the green, so that's better. Um, but you know today I I almost didn't think I was gonna take any trades as I sat down. I sat down around eight a.m and at that point our leading gapper was only 28.
We had Vacc on the scan, this one was gapping up a bit but was selling off already. We had snow, but that's high priced. Higher float we had Kavl that one's below the 200 moving average on the daily floats a little higher and we had Ssy which was like at that time it was around this area of 92. So between eight and nine I just kind of kept waiting.

News at top of the hour, bottom of the hour and we didn't really get anything, which was a little disappointing hang on one second. So I didn't end up taking any trades until this first trade here and on ssy. This one hit our high day momentum scanner at two dollars and I looked at it and of course immediately recognized it because I had already seen it on the scans earlier today and I jumped in for the break of two. I don't know what I got filled that maybe 205 or something 210.

We got to move up to 215 220 and a squeeze up to 234. I booked some profit on that move. Small gains. First trade was two hundred dollars.

Second trade was again a couple hundred dollars. Small trades, but I made a little bit on it. We had a double top at 234. it pulled back and although I did a dip trade off of V-wap down here, it did end up holding V-wap and pulled back more so it was worth a shot.

It did hit the high day momo scanners. It had some momentum, but it was short-lived I sort of thought we would have the same problem with drug where this one, given the fact that it's on like day five or six of being kind of a Momentum stock that it's overdone. Uh, but I I went ahead and took a trade on it at the open for the break of 250. I was like all right, I'll I'll give it a shot.

I got in actually 244. Uh, and that was this first one minute candle to make a new high right here. So that was my entry and um, you know, son of a gun That ended up giving us a nice move here. up to 260, pulled back and then up to 270 to 293.

high 293 there. Then it comes up a little higher, goes up to three. but of course I traded it with smaller size. I didn't have much of a cushion on the day ssy had already been sort of choppy.

you know, having been read on three out of the last five days including today, of course I wasn't read today. but if you include, today is the fifth day. I just didn't think that, um, I had a a good shot at having a great day. So I trade conservatively.

one thousand, two thousand, three thousand share positions. Like, at one point maybe I scaled up to five or six thousand, but I really didn't trade big and I took profits quickly. And so, although I sacrificed any potential for a home run, I was able to lock up a base hit and uh, you know, chasing the high on drug paid off for me today. Usually they say, uh, you should say no to drugs but today I said yes.

second day in a row and um, I I can't help but feel like it was the right decision. So sitting here with 2 304.89 it's a green day. The hot streak is continuing. I still feel like I'm due for a red day, but at the same time I've had.
You know, like I said, three out of the last five days were fairly choppy. All of them were close calls for being red days, but um, I was able to finish in the green. So I think perhaps part of that has been because I've been trading generally with smaller share size. so I haven't gone too deep into the red.

You know, I've gone. well. I guess last Friday I went down six thousand. That was quite a bit.

Uh, but the other days was like 1700 or 2500. So it wasn't so far in the red that I didn't think I could rally back. Perhaps on another day where I wasn't trying to maintain a hot streak or whatever, I might have just thrown in the towel down 1 500 or something like that. Um, and said i'm just not feeling it.

But on the those two days where I was red, I felt like you know it's still early and I think I have a good shot at being able to get myself back to green. So you know I kept digging out a little bit. But you do want to be careful on revenge trading after a loss because that can work until it doesn't and then you can end up digging the hole much deeper. But of course, when you start with small size, you do give yourself the ability.

Well, you your with small size, you're reducing how big the drawdown will likely be if you catch a loss. Uh, which means it should be fairly easy relatively speaking to recover those losses. And so maybe that will keep me maintaining this green streak a little bit longer. But on the other hand, I might not be able to have too many.

you know, home run big big green days. if I keep trading with small size because you know I'm I'm just. I'm limiting my upside a little bit so I'll have to think about that. But at the same time, my metrics have shown that it's been paying off.

This has been the best month so far of the year. and it's it's August. That's not typically. I don't know if that's ever been.

I don't think it's ever been my best month of the year. Typically, it's not a great month, it's summer, you know, end of summer. Usually we've got a lot of traders that just aren't here. They're on vacation traveling this and that.

But you know, this year has been has been pretty good, and part of that has been because I've been more disciplined. I've been trying to keep a tight leash on losers, cut the losses quickly trading with smaller share size, so I'm going to try to keep it up. And maybe I am sacrificing some of the home runs, but my metrics seem to be telling me that this is, um, that I should keep trading like this so I don't know. We'll see.

I I will for a bit longer. If we start to get some really good action, some really good momentum, then you will probably start seeing me taking 15, 25 000 shares on my first trades, looking for 30, 40 moves, and locking up eight to 10 000. You know, in the first five minutes of sitting down trading when the market starts to offer that type of consistency. Those types of opportunities I will definitely want to try to take advantage of them, but we just haven't been seeing as much of that right now.
so smaller size still feels like it's the right way. And today you know it's like really, not a lot of gains on Ssy or drug, but at the same time, days like this, you know, 10 of these in a row, it's 23 000, right? I mean, these these days add up for sure. and the inverse of being really aggressive and then being down five grand, you know each one of those days cuts out. You know, a good chunk of where you could have been on the month if you hadn't gotten a little too reckless, a little too aggressive, and those red days add up just the same.

So anyways, this is kind of where I'm at here. I was fully prepared to not trade today since it was 9 a.m and there wasn't any news and then Ssy popped up and I was like okay, all right, I'll give it a shot. So then I had a small cushion and used that to trade drug and got myself up to a high of about twenty fourth at 20 sorry 2400 and then gave back like 150 on my last trade on drug. And at that point I said all right, you know what? I think this is good enough for me today and I'll live to trade another day.

I'll be back at it tomorrow, Finish off the week, hopefully with another green day. You know, even if it's a small green day, a small green day like today. a thousand to two thousand is fine, right? So that's the game plan this week I've only hit my daily goal once. it was on Monday, but I've been green, uh, all four days so far.

But I did go red. Um, on Tuesday before recovering. and I went red again yesterday before recovering. So that's something that I was definitely aware of sitting down this morning that that had been.

You know that I did not want to spend this entire morning digging myself out of the hole like I did the last two days, so I took it slower and that was. that was the right move. So I think I'll probably do the same tomorrow since today wasn't that exciting. All right, So that's that's the game plan for me.

Uh, that's my recap reminders. Always trading is risky. My results are not typical, so make sure you take it slow, practice in a simulator, and um, you know, when you start trading real money, start with small size. ease into it.

Okay, that's it for me. I'll see you guys back at it tomorrow morning. I hope you really enjoyed that video and make sure you hit the thumbs up and subscribe to the channel if you haven't already. Our goal is to hit 1 million subscribers this year, but we won't get there without your help.

So please, please please hit that subscribe.

By Stock Chat

where the coffee is hot and so is the chat

27 thoughts on “Chasing the high on $drug 40%”
  1. Avataaar/Circle Created with python_avatars Alan Hight says:

    Popped a quick DRUG hit. Made $5.93 in 3 minutes.

  2. Avataaar/Circle Created with python_avatars Ryan Mac says:

    Broo Ross, don't you ever just skip a day or invest in a crypto or a long-term investment opportunity 🤔.. It's like your addicted to forcing a trade?. Realistically, just wondering. I know you're trying to make new personal records

  3. Avataaar/Circle Created with python_avatars Ryan Davison says:

    Thanks for the recap Ross. I look forward to these everyday.

  4. Avataaar/Circle Created with python_avatars Charles Washington says:

    Ross you got the mind of an intellect and a heart of a lion. Your fine and thanks for making us smarter.

  5. Avataaar/Circle Created with python_avatars Mr. Nice guy says:

    This funny question. "Ok so" Tesla went through 3:1 stock split, but when you look up the Float size it's still the same, shouldn't increase with the stock split? Thank you Ross any information is helpful. 😃😄

  6. Avataaar/Circle Created with python_avatars soundbreak7 says:

    Ross what do you use to get instant news ???

  7. Avataaar/Circle Created with python_avatars Brian Lueken says:

    Good recap Ross. Thank you.

    For me, the biggest take away is reliability.

    There's something to be said about being able to look at a results calendar, and see mostly green boxes – even if the numbers aren't huge.

    When 90%+ of traders lose money, learning from someone who can produce consistent green history, helps to shape goals, in terms of consistency/reliability.

    I traded Drug, Vacc and Vivk today, and was green on all 3 (a couple trades on each).

    Working a 9-5 at the same time makes it tough, but for me, its a good challenge.

    I also learn something from you every day. Thank you for that.

  8. Avataaar/Circle Created with python_avatars Grindstaff09 says:

    Ross could you consider putting your gain in the headlilne and not the stock's gain?

  9. Avataaar/Circle Created with python_avatars Ahsoka says:

    These titles are so good man lmao

  10. Avataaar/Circle Created with python_avatars bryan77727 says:

    Ross this was good comments thank you

  11. Avataaar/Circle Created with python_avatars verilucis.com says:

    Thanks for the recap, Ross! Glad you started (and ended) green today! 🙂 I pulled some out of $DRUG yesterday, and maybe would have today, but had some 'work' to do after the opening and when I got back to see, it had some good moves. Happy Thursday, Ross! Thanks again, and hope all is well. 🙂

  12. Avataaar/Circle Created with python_avatars PortCapital says:

    Nice trades. Gotta remain conservative for August trading

  13. Avataaar/Circle Created with python_avatars Keith Caldwell says:

    looks like with SSY all those moves were before the bell rang.

  14. Avataaar/Circle Created with python_avatars Juan Melendez says:

    I hope you got the high! 😂

  15. Avataaar/Circle Created with python_avatars Agent Gary Brown says:

    Hello. Just curious when you take an entry, are you doing a market order or do you do a limit order? And if limit, how do you decide the limit price? Thanks. I actually have learned a lot from you so far and I am playing small ball now but using a screener of my own from finviz I was able to make 21% profit today on $YSG. Like I said, small ball now so I can pay less for market tuition. Thanks again.

  16. Avataaar/Circle Created with python_avatars The 5% Challenge says:

    Does Mike not do any recaps anymore?

  17. Avataaar/Circle Created with python_avatars Brian Domis says:

    How much is your course ??? I’m new to stocks. I’m a single dad with two daughters trying to make it .

  18. Avataaar/Circle Created with python_avatars Thotth says:

    Excellenteeeee!

  19. Avataaar/Circle Created with python_avatars michael true says:

    What scanner do you use?

  20. Avataaar/Circle Created with python_avatars FuckBitchesFuckSwag says:

    Love the vibes. Glad to see you're doing well 🙂

  21. Avataaar/Circle Created with python_avatars Cardstacker says:

    Another green day in the books! You seem a lot happier this stretch even though you're trading smaller size.

    9 green days and surprisingly 59 green trades in a row here. Adjusting my daily goal down, smaller size and building a cushion first is really helping.

  22. Avataaar/Circle Created with python_avatars Ian Tea says:

    Your mental health seems much better trading like this Ross. Please continue to take care of yourself 🙂

  23. Avataaar/Circle Created with python_avatars Falcon says:

    So ask yourself.. what was the very first price you paid for DRUG and how many shares full size? And how much more profitable would you have been had you just held just it for another day

  24. Avataaar/Circle Created with python_avatars djmod says:

    “Don’t get high off your own supply” 🤫👍

  25. Avataaar/Circle Created with python_avatars Jared Sowers says:

    I was green on DRUG too! 13 bucks green but green is green 😅😂 I honestly wouldn't have found it on my scanner without watching your videos on gap stocks and scanners so thank you for that 🙌🙏

  26. Avataaar/Circle Created with python_avatars Patrick Pat says:

    I absolutely <recommend Mrs Elizabeth crypto to new trader who are struggling to make profits out of their crypto investment I was once in that situation until I was introduced to Mrs Elizabeth crypto who in fact change my life,I began to make good profits out of my trades till date, best trader ever

  27. Avataaar/Circle Created with python_avatars Doug Ney says:

    👍 Watching you 👍
    So glad I found your channel
    It makes it fun 😄

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