Click here ๐Ÿ‘‰ https://warrior.app/mini-lesson-download to download my Micro Pullback Strategy PDF ๐Ÿ“š
Want to Learn More โ“โ“ Get info on My Strategy and Courses here: https://www.warriortrading.com/strategy/ ๐Ÿ“ˆ
Before we continue...๐Ÿ‘€
๐Ÿ’ฐRemember, day trading is risky and most traders lose money. You should never trade with money you canโ€™t afford to lose. Prove profitability in a simulator before trading with real money.ย 
โ—โ—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.
โŒDo not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/.ย 
๐Ÿ 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.
โœ”๏ธIf you donโ€™t agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos.ย 
Still with me?ย 
Now letโ€™s dig into some helpful information โ€ฆ
Whatโ€™s my story? โœ๏ธ You can read it here: https://www.warriortrading.com/ross-cameron/ย 
And check out my broker statements here ๐Ÿ“ https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/ย 
Our website is filled with free info ๐Ÿ”Ž Start with this guide, no opt-in required: https://www.warriortrading.com/day-trading/ย 
Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class ๐Ÿ’ป Register here: https://www.warriortrading.com/free-day-trading-class/ย 
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior

What's up everyone? All right? Well here we are. Wednesday morning and I'm finishing the green. A week ago, Wednesday had a red day. Red day recap was down 12th out 11, 700 Something like that.

Not a fun day. A little disappointing. Uh, I went short the S P 500, took two other trades and was read on three out of three stocks. Today is the opposite.

I'm green on four out of four stocks and we had a 100 a 150 move on Dpsi which was a total surprise. I didn't see it coming. So we'll break it down during the recap here, which I hope you guys enjoy. We're definitely in a Bear Market and so I think a big question right now that traders are asking is, how do you trade through a Bear Market You just short everything.

Do you? What do you do? So the problem right now is it's a combination of the fact that the market is bearish, the S P 500 overall market is bearish, and that you know. the fact is, the overall market is down today while Dpsi was squeezing up 150. But what we find is when the overall market is bullish, we see more of these small caps. Kind of like bubbling to the surface and having these crazy breakouts.

They still happen during bear markets, but they don't happen this frequently and the moves aren't as as exciting as juicy. So what we're dealing with on the small cap side of things is that in the small cap market, whether you're long or short, we need things that are moving. If you're a short, seller, you're predominantly short biased. It doesn't really matter right now that you're not going to do better right now.

Being short biased: When things aren't moving, you make money when something goes up and you short it back down. So if things are just really subdued and we don't have volatility, that's not good whether you're long or short. So that's where. If you're a small cap trader and the small cap market is cold, you're kind of out of luck whether you're long or short, so that that's an important thing to recognize.

And that's why it's always good to build out secondary strategies that you could trade alongside your primary. So if your primary does get cold, you have something to lean back on. I haven't been really good at this, You know, going into large caps. I've done it over the years here and there.

I sort of feel like when the market's hot, I don't want to divert my attention from what's working, right, because I just want to focus 100 percent, be as aggressive as I can, and not try to do too many things at once. When the market's cold like it is right now, I feel like, oh, I can't really afford to deviate. I've got to stick with what I know, I don't want to. you know, dig unnecessary losses.

And so it kind of has me in this perpetual state of sticking with what I know. whether the market's hot or cold, and I think it really would require a much more active sort of affirmative decision that I'm going to focus the next period of time on developing out this strategy. Whatever it is. And you know, in the times where I've tried to do that, I have found that the struggle for me is when one strategy is performing well, but the other is performing poorly, that the emotions of the one that's performing poorly roll over to the one that's working and I have a really hard time kind of keeping them separate.
So like swing trading and day trading at the same time. Or like long-term investing and day trading at the same same time where you're looking and you're like oh my god, this long-term position that I'm in is down and then that kind of you know fuels the way you trade short term, which it shouldn't but it's really hard for me to separate that maybe that's me and maybe other people are better at it. I I don't really know, but it's a it's an issue for sure. So I'm left here during this cold market.

The last few days where I was read on Wednesday, I didn't take any trades. Thursday Friday I was really cautious, I missed Veru and then finally I ended up breaking the ice and taking one trade on it, which was a stupid trade near the high a day. I only made 300 bucks, but I was probably risking a thousand so I was like that was stupid. Shut it down.

So I walked away. Monday. I didn't take any trades. Tuesday Yesterday I took one trade.

I didn't remember the stock, but it was one trade that was popping up. It was like a two thousand dollar winner or something like that. Um, that was during the morning show and then today. you know.

I ended up getting green on my first trade, which was breaking news at Nine A.m eighteen hundred dollars. And then I took a second trade on a break of ewab two thousand dollars profits. Now I'm up. thirty eight hundred.

Took a third trade, another 1200. Now I'm at 5 000 on the day. That's pretty good. And then we got this Dpsi move at the open.

And that brought me from up five to six to seven, eight nine, ten, to twelve to fourteen thousand. So that's where I'm at now. Fourteen thousand? Uh, Four hundred, Sixty two dollars, and twenty two cents. So I'll break it down.

we'll talk quite a bit about Dpsi because that was the big one that was most exciting. And as always, if you have questions and comments, feel free to leave them down below and I hope you enjoy this recap. Alright, I'll see you first thing tomorrow morning for the morning show. All right.

So I'm going to do a recap of my trades from this morning. Uh, you know it's been a it's been a slow slow week. Uh, it was actually a week ago today. I think I think it was a week ago today that I was had a red day.

I was down 12 000 or 11 700. My first trade a week ago today was on the S P 500. I tried to short the S P 500 and I ended up losing 7 000 on my first trade. Took a second trade.

was right on that too. Took a third. trade. was right on that too.

So I was right on Three out of three stocks Today is polar opposite. I'm green on four out of four stocks sitting at fourteen thousand, four hundred, sixty two dollars, and twenty two cents. Not bad. Finally, a nice green day.
I did have a green day uh, yesterday as well. Uh, and I had a no trade day on Monday. Friday Would have been a no trade day, but I had one trade where I made 300 bucks. but whatever.

Basically no trade day. Thursday was a no trade day, so it's been a slow stretch and you know this is actually the slowest. I think this might be the slowest week I've maybe ever had. Trading I've never had what could have easily been five no trade days in a row.

Wednesday last week, I shouldn't have traded at all. I took a sort of stupid trade on the S P, broke the ice, and then just kept trading and tried to make back the loss, but ended up doubling it. Thursday was no trade day. Friday I did end up taking a trade, but um, it was sort of a stupid trade and I shouldn't trade it at all.

Monday was no trade day. Yesterday I got one trade. uh, and that was it. and that was during the morning show.

So of course there was no, um, there was nothing to recap because that was all part of the morning show. And then today, I started with an 1800 winner on Agri. That was the first stock I traded. Then I got trade on Viru, then I got trade on Pick, and then we got Dpsi at the open.

So let's go to the top. Uh, this morning and kind of go over the day. So I sat down this morning on the early side, looked at the Gap scanner, leaving Gapper this morning at Ggro. Uh, 71 cents.

didn't actually notice that one. but uh. Second leading Gapper was Gnus. Also a cheap one at 80 cents.

No interest in that. Ended up opening and selling off so there's nothing to trade there. Dpsi. This one is the one that I ended up doing the best on.

And what a wild chart. So when I was looking at pre-market I had no interest in it and I was like nope, this one's beaten up. It's popped up to 13, 12, 50 and then came all the way back down. so we'll go over that one later.

Uh pik. This one gave us a trade pre-market uh and then let's look at uh. Agri. So the Gap scanner wasn't really great.

Today Agri was a continuation trade from yesterday. The stock was strong on on Monday and Tuesday and then um, pre-market It actually had news right? That came out at 9 00 a.m and so on that candle it spiked from 294 to 3 34 and I jumped in it as it was spiking up. It was a micro pullback. So if we go over onto here, let's see, Um, we'll see the micro pull back.

Uh, right around there. This is where I jumped in on this micro pullback right here. So those who are going to watch this later on Youtube As a recap, I will put a link down in the description for my micro pullback strategy. The this is page one of the Pdf, so this gives you the criteria for trading these micro pullbacks.
This is something I trade all the time and I trade it as part of my pre-market strategy which I'll put a link to that video at the end of this. um recap. So when we have a stock that's breaking news, I look for the micro pullback and then jump in. It's a technical pattern and this is on 10 second chart, but you can trade it on the one minute chart, as well.

So anyways, took that trade there with 30 000 shares. only made 1800 bucks on it. Not really that big of a winner, but it's fine. So got one winner on that.

broke the ice. Second trade was on Veru. The Vero trade was actually pretty good. This one I had a good entry.

Um, we'll back this up here. It was a break of V-wap entry which is usually powerful. I like to trade at the places where I expect volume to spike. Volume spiking means we're going to get a clean move, big breakout, volatility increase, and that can be a spot where I can do really well.

So I bought this for the break of 16 right here with 6 000 shares I added as it squeezed higher and we got a move here up to Uh 1638. you know, 40 cents. That's not bad. It ended up coming back down and not holding the level so I'm glad I took profit off the table as it squeezed up locking up twenty one hundred dollars.

So that was my biggest trade of the day at that point. And then I took a trade on Pick P I K on the scanners. uh some folks mentioned it. they said hey look at pick it's starting to break out and I looked at and I said you know it is starting to break out and so on.

This one I took a one minute micro pullback right there. Again, micro pullback. so took the one minute micro pullback on this one. We got trade from 240 up to 260.

approximately 20 cents made 1300 bucks on it. Not really a huge winner, but I came into the open with these three trades up. Uh, about five thousand dollars or so. Four thousand dollars so that's pretty good start to the day and reminders always.

My results are not typical and there's no guarantee that you'll find success whether you're learning from me or learning on your own. So just reminder. Uh, so then the market opens and I was kind of like, okay, well let's just see you know, let's just see how things kind of base out. So at the opening bell we had a spike on a couple different stocks.

We had Dpsi squeeze up and get halted immediately. at the open, it just squeezed right up to 678 and halted. so of course I missed it. It opens and squeezes up to 8.56 I watched it at 7 50 but I hesitated because it appeared that there was a hidden seller at 750.

uh, it's a little bit, that's sort of a technical, um, a thing that you see on the level two and you'll get better at the more you you trade. But anyways, I saw a hidden cellar. We did break through, it halted up, but then it resumed and halted down and came all the way back down here to 6 30. then it bounced up pretty well and right here it curled back up and so you know, ended up being strong.
We'll go over a little more in a second. So Otra, this one also popped up at the open. Um, I think it halted up. Yeah, it squeezed up to 1140.

pull back. This is more of a Abcd pattern on the one minute dip, pop, dip breakout squeeze is just 1260 and then was showing a 13 resumption, but then ended up opening low, flushing down to 1135. It bounced back up. But it really, it wasn't easy.

Um, I didn't end up trading it, but I was watching it from the sidelines. So we had Otra. On the high day momo scanner, we had Tgi Mx. We had Pik pop up again.

let's see what else did we have. Yeah, we got Dpsi of course. Um, Pik came back up a little higher so these were all the stocks that were hitting the scanner. Bgxx.

I saw that one pop up higher price name from 19 all the way to 33. Whoa. I mean that's that's a big move. Uh, but on very light volume.

No trades there for me on that one Ost. So then Dpsi has the resumptions on the scanner again. carve. Yeah, so so then we're getting into actively trading Dpsi.

So Dpsi? uh, you know there? There were a couple, of, um, pretty nice opportunities on it. Uh, I finally broke the ice and jumped in as it started squeezing up right around here. I actually got in on this micro pullback right there. it hits a high of 813, it pulls back as it came back up and broke that level.

I took a trade there and we got squeezed up to 838, then up to 855 and I was just actively trading it in this whole range. So what that basically means is buying dips, adding for high a day break, taking profit as it breaks that level buying dips, adding for high day break taking profits it breaks out level buying First one minute kill to make a new high, taking profit buying first one minute kill to make a new high here sir, second taking profit again here, taking profit notice that the volume was was increasing a bit. certainly peaking here. The move was was moving higher.

We then halt coming down at 10 55. bought the dip at 10 right down here. Look at that rally from 10 all the way back up to 12. we got a high of 13.

uh 1298. So a very impressive move. Nice recovery on that bounce. Nice recovery on this sell-off here at this point.

Now it's a little past 11 a.m I am happy with where I sit on the day and I don't want to push my luck. Uh, Jess has just started a Warrior Pro Mentor session for Warrior Pro all Access members so that's over in the Warrior Pro Mentor room. He started 11. so he's running that and um, I wanted to do my just quick recap of the trades that I took this morning, but I don't want to overstay my welcome.

You know the fact is, I was up. I don't even remember where I finished yesterday. Two grand or something like that. Uh so you know yesterday was a small green day.
Uh, I had. and then basically since the red day last Wednesday I I basically just had to sit with the fact that I knew I was down to like 10. I was 12 000 off of my all-time highs and as much as I wanted to make it back, there was nothing to trade on Thursday Friday we had Veru but I kind of screwed it up and only made 300 on it. Monday no trades.

There were things that moved but I was nervous I didn't I just didn't love anything. Yesterday Tuesday I was like you know what? just do. It took a couple trades, made a little money, some stuff moved a little more. I didn't trade it.

Today I was like let's go step up to the plate, take some trades and I broke the ice, got green and we ended up having a nice move on Dpsi which you know. Initially I traded with pretty small size because I felt like I was chasing it. I was getting in high but I was like you know, just let's just go small size and I was getting a little annoyed because I was up only like 900 on it. You know 1500 shares? 3 000 shares, you know, like 20 30 cents and then I was up 13 and I was up only 800.

lost a little. Then I was up. you know 2 000, then 1500 and you know that. But then I started to kind of get in the groove as it started to really pull away here between 10 and 12 and that's where I kind of stacked up the profit.

and then I went from 10 000 to 14 000 through this dip here and the recovery back up to 12.. So you know it ended up, um, you know, being a pretty good day all things considered. And the way you trade through a bear market is by being disciplined and sitting and waiting. And then you know when you have something that starts to open up you're you're right there ready to jump in.

So I'm I'm glad that I was able to restrain myself and be patient the last few days. I think I could have probably traded a little bit more, but at the same time having had that 12 000 loss last Wednesday, I just know how quickly it can start to accelerate and snowball and I just did not want to let that happen because if you start to snowball red days like two three red days in a row in a bear market, it could take you weeks to make it back. So it's literally taken me a week to make back the loss from last Wednesday, right? So between last Wednesday and today, my net profit over the week is basically I'm you know, break even was down 12 up, 14 up to, but you know then there's commissions and stuff. So whatever.

I mean, I'm up a little bit, I'm sure, but not a lot and that's just part of the market we're in. So the losses on Wednesday were avoidable last Wednesday, and that left me feeling a little frustrated with myself that I overstayed my welcome and took unnecessary losses. And so I'm trying to be better about that. Thursday, Friday, Monday, and Tuesday, and today as well.

And so I'm not going to overstay my welcome. It's 11 15 and I have exceeded my expectation for the day by quite a lot. So I'm gonna take this money off the table. be grateful for it, and come back and try again tomorrow and we'll see if Thursday and Friday things open up a little bit more.
I mean, this was a nice move on Dpsi. so and who knows, maybe it does go higher. I don't know, it is right around the 200 moving average, so some resistance there, which I was aware of. but um, you know, maybe it goes higher.

maybe it doesn't, but in any case, a stock going up 150 in one day? that's a good sign. That's a good sign that's good to see and you know we could look at the overall market and and we'd see the overall market. Um, you know, not particularly hot. Today it's actually pulling back right? So in the last four days, this is the worst day.

but it doesn't really matter because we had this one individual stock that got going and traders jumped on that. So uh, you know they're just fewer and further between. and short sellers inherently are a bit more aggressive in this market, but there are some opportunities still to be had. We just have to be disciplined and not overstay your welcome, so that's it for me.

Reminder: As always, my results are not typical and trading is risky, so take it slow. Practice this simulator before you put real money on the line. And if you want to check out my micro pullback Pdf, I'll put a link right down below. You can download that and if you want to watch the episode that I recorded or that I streamed live yesterday on my pre-market day trading strategies, I'll put that um, right up here in the top corner and you guys can check that out.

I think you'll really enjoy it and so if you do, I'd love for you to hit the thumbs up and maybe share with a couple friends. Okay, thanks so much! I'll see you guys back at it for the morning show tomorrow morning.

By Stock Chat

where the coffee is hot and so is the chat

2 thoughts on “$dpsi 150% day trading recap by ross cameron”
  1. Avataaar/Circle Created with python_avatars Doug Ney says:

    ๐Ÿ‘๐Ÿ’ต

  2. Avataaar/Circle Created with python_avatars Amannatt says:

    The stock market has been incredibly volatile recently. The global economy has become increasingly unstable.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.