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Warrior Trading // Ross Cameron // Day Trade Warrior

What's up everyone? All right? Well here we are. Monday morning back in the saddle. Green Day of 8 500. So as of, uh, today, I've now officially recouped my loss from last Wednesday.

I recouped most of it on Thursday and Friday and the rest of it came through today. But it was a choppy morning. Our two leading gappers, both of them provided opportunities both long and short. There was some volatility there.

whlm was up over 100 at one point, then came all the way back down, then was back up. Uh, Pbts, that was a kind of wild one as well. from three dollars to 460, back to 340, then back up to four. So choppy a little, you know, I mean just not a lot of follow-through predictable to a certain extent that it was going to be choppy.

I sort of expected that. the market has been slow the last few weeks, so I'm kind of just trying to set lower expectations and get what I can and not overstay my welcome. And that's kind of the name of the game right now, just trying to keep my head above water and not dig myself too big of a hole. So I did have a loss on Wednesday.

Made it back Thursday, Friday, and the rest of it today. So I'm back to the sort of all-time highs on the month, which is going to be like 50 000 of profit. Not a lot for me considering last month was over 300 000 and so was the month before. But at the same time, the majority of those profits in the last couple months have come towards the end of the month.

and so I'm kind of okay with the fact that I'm green and I at least am not sort of deep in the red. So if things do pick up for the next two weeks and I have a couple of really solid days, I could have you know, in theory a 50, 60, 70, 000, or even 100 000 Green day. Two of those all of a sudden. Just like that turns the month around, and if those happen in the last two days of the month and the month can go from being up 50 grand to being up 350 000, potentially.

So I try not to get too bent out of shape if I'm kind of behind on my averages, because during a choppy market, a slow market, a colder market, it's gonna be hard to keep good averages. You're just naturally going to be kind of struggling because the market's slower. So right now taking it slow one day at a time got Green, shut it down, walked away. We'll break down those trades and I hope you guys tune in again tomorrow for the morning show.

We'll be live streaming right around, but anytime between 8, 30, and 9. Make sure you subscribe to the channel. That way you get the notification when I go live and as a reminder. as always, day trading is risky.

Most beginner traders lose money and you should trade in a simulator before you put real money on the line. Do yourself that favor that I wish I had done for myself. I started real money and guess what? I lost real money. Just like every other trader out there.

That's the process of learning with real money for most people is you jump in with real money and you'll lose it. So do yourself a favor trade in a simulator. I'll see you guys. Uh, for the morning show.
So enjoy the recap. I'll see you guys tomorrow. All right. So we're going to break down the trades from today, finishing up 8593.5 cents.

That's not bad. Green Day is good. I, um, I sort of set the bar low for myself this year. Uh, I I said, you know it's Monday.

So I was like if I make even a dollar today, I'm actually doing better than my Mondays on average this year. So I'll just pull this up to show you. Um, my, let's see. So let's go.

Uh, year-to-date since January filter. So since January well looks like I've got well, no, we'll do net profit which is after fees and commissions. So basically Mondays have attributed nothing. I've got nothing here, I'm I can't even mouse over.

The number is so small. but it's not green. You can see, it's a little red bar. So I figured if I made even a dollar, I'd be doing better than my average on Mondays.

And I did make more than a dollar. I made eight thousand dollars. So just for that reason, I'm actually quite happy with this day. And I'm not trying to push it to get um, to 10 000 or to 15 or 20 000.

I'm just I'm happy with this which is good. It's an it's enough and it's a good day Leading Gap or Whlm, That's where I made the majority of my profit. I traded it pre-market and I traded it at the open pre-market The trade was the long right here for the break over the volume, weight, average price and then uh, right into the open. There was a long here held all the way through the very bottom of this pullback.

a small position and then we got that rip on the red to green all the way up to 10. pull back up to 10 45 10 45 was the high and then we got a false breakout. Look at this false breakout right there. One minute micro pullback, false breakout and it just flushes down to the V-wap I tried to do a dip off the V-wap and I lost on it.

It went into a halt and so I gave back. I was up a little over nine thousand and I gave back maybe five six hundred dollars on that trade. And at that point I said, you know what, That's it, I'm done. This was the leading Gapper and it's failed.

So Pbts, I got one trade on that pre-market It actually did better than I thought, but I didn't do that well on it. So that's well. You know it's just the way it goes. Uh, my trade on it.

Uh, let's see, it wasn't there. It was actually right here. I bought this because at that time it was a five minute bull flag. which I thought looked great.

Five minute bull flag and it does a false breakout there as well and then flushes down. So our two leading gappers, um, you know, neither of them look really good right now and still early. It's only 10 a.m which on the one hand you could say hey, it's only 10 a.m You could still trade for another six hours today. Yes, On the other hand, it's 10 a.m I'm up 8 500.
I could actually enjoy the rest of the day and not sit here in front of my computer, so I like that idea a little bit better. So Whlm has come back down. Pbts has come back down years. was also on the Gap scanner.

that one's come back down, so I just don't see anything right now that looks that great. And you know again, given that it's a Monday, I didn't want to overstay my welcome. I sort of felt like, you know what, just take it slow. If you can get green and stay green, shut it down before you give it back.

And so, um, mission accomplished. As long as I shut it down here and I don't uh, don't keep trading at all for the rest of the day. So I did see Ikna squeeze up. Uh, won two halts in a row from 17 up to 27.

I saw Utme rip up almost 10 a share. I mean, it's nice to see those moves, but they're on lighter volume and the market doesn't feel hot enough for me to be chasing those because the lighter volume with the bigger spreads that creates a lot of risk so I didn't want to jump in any of those. I felt like I probably wouldn't be able to do very well on them. uh, just too much risk versus the reward.

And then going further down the Gap scanner. There really wasn't anything else that looked great so we continue to be in kind of a quick little base hit market. There are some opportunities there is some volatility whether you're long or short biased. I mean, it varies.

But of course, for those of us that trade in retirement accounts, we're not allowed to trade short in a retirement account you can buy puts on large cap stocks, but you can't short. So for that reason, uh, you know we're really we're in a position where we trade to alongside. Uh, we get the tax advantage of doing that. But when the market is a little slow a little choppier, it just means being patient.

And so I'm trying to be patient right now and just gonna try to get these gains and lock it up. Yes, I see Acy also squeezing here a bit again though, on lighter volume. So when's the reversal coming right? This is right now. It's like, oh, this looks great.

I should jump in it. But that reversal because you know it's coming. Let's look back at Ikna. It was looking really good until it wasn't Let's look at Utme.

it was looking really good until it wasn't Acy is looking really good. Well, I don't know what's it going to do. Is it going to break 1250 and go to 13? Maybe. Is it gonna break 1250 and go down to 1150? Maybe.

It's hard to trust and as a candle right now like this is forming, you still have 45 seconds left on this current one minute candle. So if this broke below 1250, then this candle becomes a topping tail. If it breaks below 1250, the open of this candle is 1248. So it all of a sudden could be a red topping tail.

but there it goes. a little higher, it breaks through, 13 goes up to 13 45 and so some are gonna go with help me and that's just something I have to be okay with. I've got eight thousand dollars in my pocket chasing stuff like this. This is the one that maybe would have worked.
Ikna is certainly one of the ones that did not work. It's down seven points off the high. Utme is down off the highs as well, so it makes it hard. The first two fail and the third one works well.

What's the rhyme or reason there? And it doesn't, especially when there's no news on it. It feels tricky, so you have to just try not to fall into those little traps in the market. I'm not saying that this is necessarily a bull trap. Maybe it does.

Go. Maybe this is going to be a bear trap and it really squeezes short sellers, but it doesn't feel like the odds are in your favor right now because the overall strength in the market is just not as high as it was a couple weeks ago. So best to kind of not get caught into chasing. And you know, getting really excited on a stock that doesn't have news and probably a little risky.

So as a reminder, as always, trading is risky. Most beginner traders lose money, and this is the type of market that crushes beginner traders because it's so choppy. What worked really well six weeks ago isn't working well now and the patterns haven't changed, But the underlying conditions of the market are what have changed. And so it takes a long time to learn how to trade through choppy markets to navigate these sort of bull traps and land mines to come out first with small losses.

only. second, maybe break even treading water, or third, even with a little bit of profit. And that takes a lot of time and I'm not always good at it myself. I sometimes do have really big draw downs during the first couple days when the market slows down.

because I'm I'm still in that hot market mindset. I'm being really aggressive. I'm thinking that everything is going to continue to rip and I average down and it just sort of rolls into bigger and bigger losses for Warrior Pro students. Um, I do encourage you guys to watch the Mindful Monday sessions hosted by Ted and Diane and the Fomo Friday sessions also hosted by Ted and I am.

So we start the week and end the week with that kind of little dose of traitor psychology just to help you kind of get into the mindset at the beginning of the week and then at the end of the week kind of decompress a little bit and let it go. relax, study on the weekend, and then come back Monday recharged and ready to work. so I hope you guys have a great rest of the day. I'll be back at it first thing tomorrow morning.

I hope that we do have some better opportunities. Uh, hope is not a strategy so you know I'm not going to trade based on hope, but I can be hopeful that maybe we do start to see better action in the market. and when we actually see you know concrete proof of that, then that's when I will, um, step up to the plate. All right.
So that's uh, that's the game plan. Hope you guys have a great rest of the day and I'll see you first thing tomorrow. 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

29 thoughts on “$8.5k trading two leading gappers nasdaq: $whlm $pbts recap by ross cameron”
  1. Avataaar/Circle Created with python_avatars Slatty says:

    $PBTS MOON

  2. Avataaar/Circle Created with python_avatars Pavi Gulati says:

    Why don't you swing trade??

  3. Avataaar/Circle Created with python_avatars Chris Lea says:

    Do you just trade shares with the highest volume? that also have good fundamentals.

  4. Avataaar/Circle Created with python_avatars MERT KANMAZ says:

    🇹🇷

  5. Avataaar/Circle Created with python_avatars Javier Santana says:

    What program do you use for your scanner?

  6. Avataaar/Circle Created with python_avatars Hermahno Quiroz says:

    Ross I see you have the training course on 40% discount but I notice is only for the pro course. not for the $1000 course.

  7. Avataaar/Circle Created with python_avatars Sajid Ansari says:

    hey Ross i am from Nepal and want to start day trading could you please suggest me some good day trading platforms i have a budget of $2000.

  8. Avataaar/Circle Created with python_avatars 區光 says:

    Ross, how can we get the past 10 years-time historical data (not daily open close high low volume, but minutely open close high low volume) of all stocks?

  9. Avataaar/Circle Created with python_avatars Justin Mertz says:

    Can I buy you a leopard bed skirt for that bed in the background? Millionaires need to match the background. Image is everything lol… FLEX that leopard… Show You're single mate.

  10. Avataaar/Circle Created with python_avatars Leo Karawa says:

    Thanks Ross🙏🏼😎

  11. Avataaar/Circle Created with python_avatars GoRdOn says:

    ATNF also run crazy yesterday

  12. Avataaar/Circle Created with python_avatars Allen Jones Insurance Agency says:

    I Started trading with real money last week…. And of course I did not follow the rules that I know I should follow and Lost 1000 bucks… Today I recouped 350 on one trade….. Then lost it plus another 100 to TME later that day, because I just knew there would be a late day rally and got distracted before the market closed and my platform sold it all at a huge loss….. So I am 0-4 starting out with real money after being the simulator Wolf of Wall-street…. I almost smashed my computer today, but I am proud to say I did not… Lets start trading profitable 4-13!! Go Team! 😛

  13. Avataaar/Circle Created with python_avatars Bizcocho Dulce says:

    Thanks Ross for the recap. Thanks for the advices!

  14. Avataaar/Circle Created with python_avatars TradingPit says:

    The way you share your live trading and really the psychology that goes into is just pure gold. Keep up the great work.

  15. Avataaar/Circle Created with python_avatars KenJohn says:

    Keep preaching that good word Ross! Maybe newbies could understand that the market they saw in 2020 it isn't our typical market and that they need to refrain from treat it as such if they want to stay in the game.

  16. Avataaar/Circle Created with python_avatars Alejandro Garcia says:

    Great stuff llike always ! 👏

  17. Avataaar/Circle Created with python_avatars Drew Thomas says:

    Ross me and my friend Apex interviews are trying to create a youtube channel interviewing traders and learning from them. We were wondering if you would please do an interview with us if you have the time?

  18. Avataaar/Circle Created with python_avatars God Sent says:

    nice hoodie ross !

  19. Avataaar/Circle Created with python_avatars Karoki's Telescope says:

    saw CSCW popping up in the afternoon and got 20c off the market, the only stock that was making a nice move today

  20. Avataaar/Circle Created with python_avatars Will Donahoe says:

    I started my small account right after the NFT hype and have to tread through this slow market, but I'm green because to your guidance. Thanks!

  21. Avataaar/Circle Created with python_avatars Mary & Dave says:

    I made 0$ and lost 0$, best day so far this week 😒

  22. Avataaar/Circle Created with python_avatars Al’s Financial Family says:

    Had a productive day myself

  23. Avataaar/Circle Created with python_avatars Jack says:

    Hey ross, I suffered my all time biggest red day today trying to trade the morning gappers along with the stream. I know trading is risky, and ive been following you for quite sometime so i can use the awesome scanners youre providing aswell as your great teaching skills which i do found incredibly useful for understanding high momentum volume stocks. last week oddly enoguh I was able to go green on UTME just because i was able to see it live and without you i wouldnt be trading these big opportunities. But today i realized I lost a lot of trading discipline. I wanted to go in for 3 trades, WHLM, PBTS, and ACY all down 80 dollars back to back. I tried to minimize the loss with a stop loss while relying on some kind of breakout as it was going up, but the continued rallying was just so poor in the morning and i just missed a lot of my gut feeling opportunities of having bought out those stocks while they were cheap. I just get afraid they wont breakout, which is why i want to wait for a breakout but sometimes i just wait too long and it goes without me. So, currently Im going to trade more in the paper trader just so i can refine my tech analysis and emotions to not make these stupid mistakes again.

  24. Avataaar/Circle Created with python_avatars Alain Leistikow says:

    After I watched through your 2019 small account challenge, I thought to myself how cool it would be to watch you grow a small account on Webull, ThinkorSwim, and Robinhood as your next small account challenge. Seeing how someone as amazing as you working around the PDT rule and non direct access brokerages with T+2 turnaround would be really cool. Food for thought.

  25. Avataaar/Circle Created with python_avatars Red Moon Legacy says:

    Aaaaaaarrrrrrgh 😵

  26. Avataaar/Circle Created with python_avatars Khaled Kimboo says:

    $TIRX RIP

  27. Avataaar/Circle Created with python_avatars Jay A says:

    What do you do for the other 6 hours of the market if you finish 30 mins in ?

  28. Avataaar/Circle Created with python_avatars daryoosh says:

    Hi Ross, which leverage do you use for your day trading account?

  29. Avataaar/Circle Created with python_avatars Lily Mou says:

    these 2 ticker only can do short. too dangerous.

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