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Warrior Trading // Ross Cameron // Day Trade Warrior

What's up everyone? All right? So uh, we're gonna maybe do some live trading. It's three. I'm not wearing my watch today. it's 3 41.

Um, which means I've been up for 12 hours because I got up at 3 45 this morning to start trading Gme. So I have been sitting at my computer for 12 hours straight. I'm up. uh, about 225 000.

Uh, on the day I'm up right now 175 000 in my retirement account on Gme and I'll show this on split screen here and I'm up an additional 25 or 21 000 in my main account in my main account. Check this out. I bought Gme this morning at Uh 407 A.m 229 Uh, 250 shares at 229 dollars a share. I sold half for a hundred dollars a share.

If I got half, if I got 400 points on 250 shares, it would have been 25 000. but that was. those were the only trades I took in that account. So what I decided to do today I said you know what, Take one trade where you buy it and just hold it, put it away and then the other account start day trading.

So in my other account I started actively day trading it so actively day trading it I certainly made more money. I did better on it than you know that other account because the with the other one I only took 250 shares which was for me enough that I could just hold it and not think about it and and look away. But in any case, uh, this was a pretty you know killer day and we're about 15 minutes to the close. And you know, yesterday we had this big breakout at the close on Gme.

uh, I don't know if we're gonna have anything exciting at the close today, but it is. So the open price was 354. um, I don't know if this line is really important, I'll take that away. So the open price was 354 today.

So right now at the moment it's actually red on the day with slightly lighter volume. But of course, remember that the price is much higher so the dollar volume is, probably, uh, similar. But yeah, we we got a couple nice moves on it. The the move pre-market that I traded down here 229 or sorry.

that was, um, right around here at 229 and that gave us the squeeze all the way up to 365.. I then got back in with 3 000 shares at 360 355 right around here, 353 for the curl over the highs and I was looking for the move to 400. I lost 10 cents on 3 000 10 on 3000 shares. That was a 30 000 loss.

That was a good size loss. So at that point I was up a hundred and twenty eight thousand on the day. and by the time, uh, I was kind of, um, getting live on youtube and everything else, I think I was at like a 100. maybe ninety three thousand on the day or a hundred thousand on the day Maybe right around a hundred.

I think I was at a hundred. So boy, um, today's been it's been a long day, it's been a wild day, and my goal, you know generally is to try to capitalize as much as possible on the volatility. I will say, and I want to say this at the beginning of this video. There is no question that day trading is risky and some of my trades on Gme were probably some of the highest risk trades I've taken all year because of the fact that Gme is up this much with no real news and there's always that risk that it could get halted or the company could come out with.
you know, some type of bad news or something like that and I knew that was a risk factor. Now I'm not one of the people that you know bought this at 40 bucks and it's just holding you know, in the driver's seat. As a day trader, I'm buying it intraday, buying high and selling higher, so I really need these, um, you know, to work pretty quickly or I've got to just cut the losses. So anyways, uh, it's been a little choppy.

I was up as much as 247 000 and I'm up right now 225 between my uh two accounts or 222. So I'm down a little bit off my highs. It was my best day ever and then I am back below my best day ever which is it 2 25. So we'll see whether or not I get any after hours trades that maybe put me back over that line.

but uh, it's okay if I don't it's still a fantastic day. So we're definitely seeing a lot of stocks hitting the scanners, things that are popping up and starting to kind of take off. This has been kind of the the trend all day long. a stock pops up, it starts to rip, it goes higher, so I think it's definitely a good idea to be watching the scanners.

The only problem is that some of these are, um, pretty light on volume and um, you know the the lighter volume stocks are. They're just harder to get in and out of with big size. This only has, let's see how much volumes I have. Um, well, let's I don't know, it's it's light.

but in any case, um, let's look at. Uh, so we already looked at Gme a little bit. right now, it's consolidating underneath the open. It would need to break through that 354 355 spot to really be bullish again.

for a possible retest of 3.85 I do want to keep it on watch into after hours, which we've got about 12 minutes to the bell because of the fact that it made a big move yesterday after Hours. So I'll keep an eye on Gme. Uh, it's been volatile, but it is sort of hanging out in this. you know, sort of ascending trend line wedge here, so we'll see whether or not it wants to break out of that.

It's higher priced, high risk with big spread, so it's a wild ride, and I'm not planning on waking up at 3 45 tomorrow to trade it unless it closes after hours above the current high of day. If it closes above 385, I'll consider getting up early to trade it again tomorrow, but if it closes down here, I'm not really interested in that, so I'm only maybe going to trade it tomorrow morning, early tomorrow morning. That is. costs.

Uh, this is another one. I'm up 20 000 on a bit of a roller coaster here. A big move from 40 up to 69. Drop back down.

Now this was in play two days ago. Uh, there was a tweet that this might be a target by the Wall Street Bets Forum because it has 43 percent short interest. So if you go over to the website Finvis, Finn, Fin Finviz.com and you look up the stock costs koss, you will see if you scroll down that the short float is 43.09 percent. All right.
So so that's the, that's the short float. I'll just, um, I'll put this right here so you can see it so it's right here. Uh, 43.09 percent and that's high. There's no question that that's that's high short interest.

So 43 percent of the flow to short? That's been the case all week and this stock is at what appears to be all-time highs. So you know this is where all of a sudden you've got a short squeeze. and this happens to also be a stock that has a very limited level of supply. It's got a pretty small float, but the, uh, the volume on it today is 22 million shares.

All things considered. that's a little on the lighter side. Uh, we'll see what it does here. There's 52.

It looks like it's halting back up at 53. we'll see how it trades in this level. I'll put an order at 55. we'll just see whether or not there's going to be any more trades on this.

But for now, if it halt's going up, I've gotta wait for a second and I'm just gonna let's see. Hang on, I just gotta log out and log back in one. All right. Um, what's up? No, that's not right.

Oh, okay. there we go. I was trying to remember my password there. Okay, so that's that account.

That's that account. All alright, so I'm going to move this up here like that. Okay, so anyways, Um, you know I'm not. Well, I don't know if I want to take trades going right into the close.

Um, I'd maybe prefer to wait to see how things close since we're only 10 minutes to the close and then trade after hours. Potentially Again, it's that's only a maybe. We may not have. Um, we may not have good opportunities after hours today.

That may just have been, you know, yesterday. And well, the day before also cost the day before. We had a nice after hours move right here. Was it here? No, that was two days ago right here.

Look at that. look at that. that was beautiful. So right there from 450 all the way up to 10..

So that was a really nice move. Uh then we got the continuation the next day but a little choppy and now just going. You know, crazy high. So let's see the high back here.

The high of this candle was 90. So I'm going to try to take a starter on that. I'm I'm long going into this halt going up. I'm looking for a retest on this of 56.

so I'm watching here over the high of this candle 55 56 for the break through there and then the squeeze up to 60.. My thought on this is that we may get a run back up towards the high. So the high that candle right there is 55. So let's look for that to break over 55.

I've got 2 500 shares as a starter. We've got about nine minutes to the close here. so halt level is 56 11.. watching here for the squeeze back through the high, the high that candle is 5546 So I'm going to put an order here.
there's 56. so adding there, trying to scale in for the squeeze higher halt level is 56.67 Let's see if we can get the squeeze up to the halt level. If this halt's going up, that would be awesome. So it looks like we're getting almost a halt.

I'm going to hold about 500 shares in the hall with a new order at 60. let's see if it goes into the full haul. Hot level's moved up just a hair. So the high on this now is, uh, 67.

let's see watching this over. So the challenge with this one is that the spreads are on the bigger side. but let's see whether or not we can get another trade. So my order got rejected on that high is 57.41 Watching the hall level to move up, I'm in still at 54.72 You can see just under 500 shares so it looks like it's going to haul up.

So I'm going to put a new order at 60 on resumption to add. So basically on this looking for the break over 60 and then we've got room back up to the high. so I'm holding 500 shares on it, which isn't a huge position, but we'll see if this wants to go higher. So with these types of stocks, you have to understand that this is high risk.

These this is a stock up 470 percent. I like trading these types of stocks when they have high relative volume. High relative volume means that lots of retail traders are interested in the stock, usually because there's some type of news, or it's just purely a technical breakout. In the case of Gme and costs.

Uh, technical breakouts fueled by a bit of a short squeeze. Gme I would still keep an eye on, but we'll see what that does. So let's see. um.

cost is halted up, which is good. Okay, so I do plan to trade after hours, at least on costs, and possibly on um, Gme, but only if Gme starts to really open up quickly. So in the first, like two minutes of after hours, sometimes we'll see some orders popping up and stuff like that. I'm gonna try to let those shake out and wait to see some really like clear direction.

So I've got Gme on this window. with an order at 350 350 for 250 shares, I'll actually put it at Um, I'm going to put it at 355 because 355 is really the more important breakout spot. And then if I decide to buy it over 350, I can always press the buy button because it's a limit order. Amc on this one.

Yeah, I see that. but this one's been pretty. Um, this one's been a little choppier. I don't think I'm going to try to take a trade on that into the close.

I don't think it's actually going to squeeze up to 20 before the close. I just want to trade stocks that I think before the close. or after hours will make potentially bigger moves. So this is my longest day that I've uh, ever had.

But one of the things that I was saying earlier is that these are the type of days where for me, I think it's important to dig deep because when the market is this hot, I you know this just only happens every so often and this might be I had a year where three individual days made up 30 of my gains for that whole year. So you know I mean that's that, shows the importance of showing up every day, and also when the market's hot really trying to, you know, kind of capitalize as much as possible on that window of opportunity because it doesn't always last for long. The market's been pretty hot here this week and since last week. But all right.
so we've got Llit hitting the scanners. I see watching costs so this halted the 57 41. I'm showing a 58 resumption. My order is at six.

uh, sixty dollars and fifty cents to add. so I want to see a break through 60 50 and then I would start adding up to the next halt level. We've got about 45 seconds to resumption. Gme is right on that chart.

Amc, Uh, Amc is going higher. Okay, so we've got about 20 seconds on costs. The first five minute candle will make a new high of 53.90 You know gave us this nice move. If we see a dip, we want to then see a rip.

So I'll try to hold through the dip and then catch the rip. Okay, watching. 10 seconds to resumption or I'm going to put the order at 61. watching.

So I keep watching it. It's still halted. so that tells us it's going to carry over into after hours. So this is going to resume trading at exactly 4 pm.

so I'll just move this here. So when stocks are halted going into the close, they don't resume at the five minute increment. They resume exactly at 4 pm. because circuit breaker halts only exist during regular trading hours, not after hours.

So Gme here squeezing up this needs to break over the half dollar of 50. let's see whether or not it can do it. We know the open is 54 and there might be a push. I mean we've only got 40 seconds, but there might be a push for this just to open or to close green on the day.

So let's just see. I'm taking along there at uh, 350 to try to catch this squeeze up to 355 because I think that traders are going to want this to close the day green as a green candle. So I'm going to hold this right now and look for the ad over 350. my back of mine target on this is 355.

but it's looking. It's looking good right now for the break of 350. So there we go. There's 351.

now I'm going to add for the break of 355. I want to keep adding on this and I'm going to hold here into after hours and I'm going to watch costs. So watching costs and watching Gme so Gme over 355 is the spot to add. Cost right now is a possible long adding on costs for the breakthrough 60.

So watch costs over 60 right there. There's 60 on the ask so we want to see costs ripped through that level. There's 60 75. So watch costs.

We want to see Cost break over 65 dollars. It's pulling back a little bit. Let's see what this does. Still holding Gme Looking for Gme to break through the high of 355? That pivot so Costs needs to break over 60 dollars.
And look at that man. look at how big that losses. That's a huge loss on costs. That's a like a 45 000 loss.

Oh my God. So the problem is. I had 4 000 shares at 60 and I stopped out at 50. that's 40 000.

Gme I'm still holding and on this one. I'm going to look to try to focus on the trade through 53 and 55.. So watch Gme here now over 60. I'm gonna look for an ad Watch Gme 375.

So I'm in Gme and I'm not selling. I'm looking for the break of 355 and I'm going to look to add I'm sorry 375. Gme, I'm looking for this all the way up to the high. So we got that tap of 385.

that was nice. Now can we get right back up there? It was three or 370. What was that? What was the high? 370-ish Man, that looked good. So the dips.

let's see if these dips get bought up and then the surge back through 65.75 And then I want to add on this for the test of 3.85 I want to ride this momentum here through the highs. Looking for 400 back of mine? Target 400 on Gme? Watch this over 65 ad spot would be 65. a quick break of 65, then 75, then 80.. there's 64.

50 on the ask. Can we get that short squeeze? There's 69, there's 70. Can we get 75? Can we get 80.? So there's 66. I'm unwinding.

A little bit of the position puts me back up 181. Not bad holding. Now the new order at the high high of this candle is 73. I'll tell you that trade on, um, cost was brutal.

so I'm going to watch this over 70. adding right there at 70. 250 shares. So sizing back up.

I'm looking for the breakthrough 380. holding at 63. and it seems like right now it needs to break over that 375 spot. We're only three minutes into after hours, so let's give this a second to kind of chop out the high.

There was 73. it was almost 75. it was 73. but then that next candle dropping all the way to 35.

golly. So I'm going to just leave an order at 380. it's a roller coaster this is. This is the highest risk trading that I've probably ever done.

And you know, from being up 250 000 right now I'm up only 200. So I've given back 50 000 off the top. It's a good amount to give back, but let's see whether or not this wants to continue. I think I have the right idea, maybe on this one more so than than cost.

The problem with cost is that, um, the liquidity just was gone after hours. So all of a sudden I was down 10 points watching Gme adding there. I want to see if we get the breakthrough 75. So as it starts to curl up here, the high is 73.

So 73 new order is at 375. I want to try to catch that break through the highs. So holding at 67 right now there's 70.. this is a one-minute flat top breakout on Gme Bb moving up, Blackberry moving up.

I'll keep an eye on that one. There's costs. Cost is back to 65 dollars a share. Oh gosh, okay watch Gme.

The ad spot on Gme is going to be over. Um, the high here of 7302 for the break through that level. I don't think I'm going to try to make back my losses on costs. I think trying to focus on two stocks at once is going to be too risky and Gme has more volume and I think will be easier to trade.
although you can see it's very choppy. Costs is now at 70. 73. Oh boy.

74 on costs. So I'm watching that one out of the corner of my eye as I wait for Gme to break. high is 75 on cost. but I can't buy it here.

It's it's up too much. How do I possibly I got stopped out and then now all the way up to 78.. I've got to wait for a pullback on costs and I'm trying to position myself so I can be in a similar move on Gme if it breaks through 7320, then through 380 and then 85 high a day. So I'm leaving an order at 380 on Gme to add costs.

I'll just keep, I guess half an eye on, but it's hard to focus on two stocks at once. High on cost right now is 78. there's 80. Wow, there's 8270 on costs.

All right. this is one I should focus more on this one and I'll leave Gme on the back burner for a few minutes. So the high right now on costs is 86.75 Let's see whether or not I can get quick trades. So looking for a quick trade on there up to a hundred bucks? Watch it over the high of Uh 95.

So trying to scale in here, there's 90. it's 91 on the ask. Are we gonna get 95? Not sure. Unwinding it for right now.

It's a flat top at about 90. looking at Gme, still waiting for Gme to break over 70, but Gme is pulling back a little bit more than I like. I'm going to stop on Gme, so you know I'm going to be up about 200 000 on the day 298 or 198 000. I've got 173 right here, plus 21 there.

So yeah, about 194 000. I was sort of straddling that line at 2, 30, 2, 40. I was kind of going above it. Then I was going below it and I was trying to capitalize as much as I could on the momentum in the market.

You know I. And hey, you know what? that exit on costs was? a fine exit. I'm glad. you know I'm glad I bailed on it because it could have kept going down the exit on Gme.

Those were good exits. One of the goals for me is to try to capitalize as much as possible and that means I keep trading until I start losing Because if I haven't started losing, I don't know if I've hit my top yet for the day. So I'll trade basically all the way to the end. And then when I start losing, that's when I'm like, okay, I guess it's time for me to to say i'm I'm done.

So in this case today that meant losing 50 000 off the top from up to 47 to up 197. But all things considered that's reasonable. If I'd been up 20 000 and then said okay I'm going to stop when I'm up only Uh you know well if I was up 25 000 I saw stop and I'm up only 20 000 would be the same thing. So it was a wild day.

I I thought that maybe I'd have a chance at having like a real like just blow out day like 250, 300, 400, 500, 000 But in order to have that I would have needed uh to catch some moves on Gme like this up over 400 and that's what I was. um that's what I was looking for and we just didn't get it. So I mean we had a couple nice moves but we didn't get that continuation that I was hoping for. Uh, Amc is pulling back as well.
That's not surprising and so cost at this point. Uh, you know I screwed that one up. I did not expect to be risking ten dollars a share on my entry. Uh but all of a sudden that candle had a high of 60 and a low of 46.

that's 14 points and then curled all the way back up so I don't know. For those of you guys that keep trading, 90 is the spot to watch, but I'm gonna say enough's enough. This is a green day, just under 200 000 and definitely a roller coaster. I tried to make the most I could today and sure I could have.

I could have walked away at 247, but I could have also walked away this morning at only 95 000. you know I kept trading until I started losing and then you know this is where we are now. So I'm still up over 100 grand from where I was at the beginning of the day. You know when I right after my first trades on Gme.

So my day kind of looks like this. I went up about 125 000, then was up about a hundred, then was up about 150, 175, 200. Uh, then I think I gave back a little bit. then I went up 220 230, gave back a little, was up 240, then 220, then 230, then 220, then 235.

And in that area, that's kind of where I've been for the last little bit as I've been waiting and trying to time the next trade. and then I just got that 40 000 loss on costs which is really a shame but is the luck of the draw. So you know I put my money where my mouth is. I step up.

I take fair amounts of risk and when it pays off, it pays off well. But when I lose I you know I also take good size losses so it's that high risk. Trading is definitely a sword that cuts both ways and you have to understand that when you're thinking about getting into trading. Most beginner traders lose money and it's not a surprise.

Look at how volatile these markets are. It's really crazy out there. so trade smart and I'll see you guys. Uh, first thing tomorrow morning? Who knows.

Maybe cost will be on the scanner tomorrow, but I'm not going to get up at 3 30 in the morning. Try trade it. I'll wait for, uh, you know, the i don't know, maybe 8 30 or something like that. All right, that's it for me.

Thanks guys! Have a great rest of the day and I'll see you first thing tomorrow morning.

By Stock Chat

where the coffee is hot and so is the chat

24 thoughts on “Day trading gamestop stock nyse: $gme”
  1. Avataaar/Circle Created with python_avatars clayton ervin says:

    Must be nice.

  2. Avataaar/Circle Created with python_avatars J Bob says:

    How are able top daytrade your retirement account?

  3. Avataaar/Circle Created with python_avatars Cindy Neal says:

    Yay Ross !!!! What a wonderful green day 4 you!!! Yipee.. me , myself I'm out on my own in a new place .. I'm just getting settled in & by the end of this month I m wanting 2 start doing the paper account. ( but in the forex as per my brother s trading )

  4. Avataaar/Circle Created with python_avatars Marvin Ellis says:

    NAKD is gonna blow up this week $20+

  5. Avataaar/Circle Created with python_avatars I KILL PRETTY THINGZ says:

    I can't even login into Robinhood rn

  6. Avataaar/Circle Created with python_avatars Walter Gramer says:

    WE BUY ALL THE STONKS 📈📉📈

  7. Avataaar/Circle Created with python_avatars David says:

    Wish I knew how to do this..

  8. Avataaar/Circle Created with python_avatars Karin Blischke says:

    Hi does anyone now if IG is a good platform to do trading?

  9. Avataaar/Circle Created with python_avatars Stranger Danger says:

    Where do you trade

  10. Avataaar/Circle Created with python_avatars Cindy Neal says:

    WOW ROSS !!!! Amazing days 4 you !!! Yipeee.

  11. Avataaar/Circle Created with python_avatars Batman says:

    GME is at $193.60 right now. Is it time to buy? 1-28-21 10:30pm PST

  12. Avataaar/Circle Created with python_avatars AJR007 says:

    How about Dogecoin it looks like it’s climbing

  13. Avataaar/Circle Created with python_avatars F0XX says:

    So maybe AMC could be good to go as of now? Buy? What you guys think?

  14. Avataaar/Circle Created with python_avatars Fizzy_B says:

    I don’t understand this stuff

  15. Avataaar/Circle Created with python_avatars Kishor Raika says:

    Support from india

  16. Avataaar/Circle Created with python_avatars 平成老司機 Heisei Veteran says:

    Hold guys, you are making history!

  17. Avataaar/Circle Created with python_avatars Giovanni says:

    You're supposed to hold, not sell.

  18. Avataaar/Circle Created with python_avatars Gose says:

    Just like that, you're holding a bag. Who would've thunk

  19. Avataaar/Circle Created with python_avatars z5m2 says:

    Pure and utter gambling. Period. I hope no one follows your example today; this "strategy" in the long term will end in tears for the vast majority of ppl.

  20. Avataaar/Circle Created with python_avatars Nick K says:

    why would you wake up at 3.45 am ???

  21. Avataaar/Circle Created with python_avatars Ryan D says:

    ROBINHOOD USERS JUST GOT CUT OUT AND ITS GOING TO AFFECT THE MARKET HEAVILY!
    NO LARGE STOCKS AVAILBLE

  22. Avataaar/Circle Created with python_avatars NomadCTC CTC says:

    elon musk said 1000 is not a meme but 2000 is a meme

  23. Avataaar/Circle Created with python_avatars Яков NoMAD says:

    hey! Could you please tell me what broker is the best for buying American stocks?

  24. Avataaar/Circle Created with python_avatars Thanks for all that says:

    Does this mean we will be able to buy battle toads now?

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