Want to Learn More ❓❓ Get info on My Strategy and Courses here: https://www.warriortrading.com/strategy/ 📈
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
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
Hey everyone Alright, well here we are: Tuesday morning finishing the day up over eight thousand dollars which is awesome. Four times the daily goal and sixteen times what. I made yesterday yesterday I was only up five hundred dollars and actually yesterday I had over three hundred dollars in commissions so I was churning shares I took about sixty trades, getting in, getting out, fitting in, getting out and all. that wasn't really for anything.
it was like swimming against the current and I just didn't make a lot of progress. Today, on the other hand, was like swimming downstream, just jumped in, jumping out with some great progress for trades later for winners later, one hundred percent accuracy and you know, booking some profit. So now back to all-time highs for the month of September and we're not even halfway through. So we've got you know, still two and a half weeks left in the month I Think let's see a solid yeah, two and a half weeks and then we've got Monday the 30th which is nice so we'll have one extra Monday five Monday's this month.
Monday's are usually a good strong day. Well, not this week, but typically they are a strong day for me. So anyways, as always, questions and comments, put them below and I'll see you guys first thing tomorrow morning live streaming. Hopefully we've got another solid watch list and gonna have another green day.
All right. See you tomorrow! So we're gonna do our midday market recap and break down the trades. I'm gonna finish the morning up eight thousand two hundred thirty dollars which is not bad. plus another one hundred and seventy eight here in my IRA account.
Let's see now. what do I got that to load? There we go and another hundred seventy eight in the retirement account I Took a trip and one last trade on Fran I Didn't want to screw up, you know, kind of a good day here and I was a little bit conservative on my share size, but it didn't really work out. So anyways, we'll finish the day up over four times my daily goal which is you know, as always, a solid green day. You know that's something I can feel pretty good about and this puts me back now at all-time highs for the month of September which is terrific.
So moving in the right direction here today I took a total of four trades for four. Well, it depends. I guess on how you quantify a trade. but for trades, let's just say four traits and let's go over each of them.
So two trades on three trades on Fran and one trade on NS PR Okay, so um, the very first trade today was on Fran Now Fran is kind of interesting. I'll go to time frame here historical date and time and run this at 9:20 a.m. This stock was up 88% pre-market Literally up 88% pre market 2.6 million shares of pre market volume. It's priced just under $10 the float of 2.8 million shares.
So those of you who attended the workshop last night I covered my my five-point criteria for a stock in my opinion, to have the potential to make a big move. We look at price above above average volume float, breaking news today and up at least five percent and this hit all of our criteria for that. The only thing about this one that I was a little unsure about was that I almost thought it might have too much volume and that it might be a little bit crowded just because there are so many people already trading it before the bell ring. Now as you guys know, I don't usually trade past 10:30 11:00 a.m. I trade in the first hour. It's when I make the most money and because I often find that after the first hour stocks can start to get a little crowded, can start to get to be a little tug of war and it just doesn't seem like we see the big breakouts that I typically would like. Well on Fran you know it kind of started trading at 7:30 in the morning and so by 9:30 I had already been pretty actively trading for two hours, so by the time the bell was ringing, this was getting to be a bit on the crowded side. For those of you guys on Facebook and YouTube I'm gonna put up our disclaimer here so you can see and this is to remind everyone that everything you see in these videos is educational.
I'm not a financial advisor I Can't give you individualized investment advice All right. So Fran for me: I Thought it was a little too extended for my strategy, but I was willing to take a couple trades on and so let's go back up here. The first trade on Fran was along I went long for the breakout over $10 and this was kind of crazy because the bell rang and this stock just like ripped up. Let me move this over here like this.
So I placed two orders to buy at 10:09 and and 1012. let's pull up the ten-second chart and just dial this in a little bit more. All right. So back this up here and go back to the open.
So the bell rang and for a moment it hesitated under $10 and then it ripped within seconds up to 10:40 and I press the Buy button twice. Boom boom And if you remember this morning I said okay guys I'm gonna put my order at do you guys remember what I said 10 dollars and 12 cents 5 cents above the pre-market high and so the bell rings and I click the Buy button twice now because it ripped up to 10:40 so quickly I We filled three thousand shares at 10:09 and my order at 1012 didn't fill. Now when you place an order at at Ten Twelve like right now, if I press the Buy button, I'll get filled at 9:08 I'll get filled at the current price but I won't get filled any higher than the top of my linen. So my low.
My first order was below and then the second one didn't fell, it didn't go through. Now this is good because if I had pressed shift one and shift one, I would have definitely filled up here in the ten 20s, 10, 30s, maybe even 10 40 and that would have been a solid 30 cents higher Now with 3,000 shares or filling the full 6000 share order. we're talking about thousands of dollars of slippage and that's not acceptable for me. So what I did was I entered my order in the order entry window for the most I was willing to pay I press the Buy button twice, one order filled and the second didn't So I only had 3000 shares I sold it at 1033. It hits a high here of 1044 and then it kind of struggled at the half dollar and I really wanted to see a red to green move and so I was looking for that first dip. so as it starts to drop right here, it kind of hesitates for a second. I went short and so I shorted 4500 shares at 36. So on the left side here, I had my order at 1012 to go long and on the right side I had an order right here to go short and I put it in for 1,500 shares because I'm not as confident trading to the short side and I wanted to be more conservative and the order here I think I had pressed at 950 because I thought potentially if it broke this level pre market I could go short on a break below 960 or so.
So anyways, it dips here and I short 4,500 shares at 1036 and I cover 10 seconds. 15 seconds later at 10:03 1005 in 1004. Boom, My work is done I'm up 2148 dollars in the first minute of the day and going long, then flipping short and then it ends up ripping back to the long side. All right.
So ripping back here up to a high of 74 I wanted to buy right here, but the way I trade: I've got this window down here and I've got my chart up here and so I brought my mouse up here to check the high of this candle 1044 and by the time my mouse was back down here, this was already breaking that level and it was up at 1070. So I was like, all right. Well, I guess I missed that one I'll watch for maybe a pullback but I ended up not getting the pullback and it just ended up pulling back and dropping more the last trade. I So so that's two trades, one long and one short.
Win and win. All right. So solid. And then my last trade on this was on the one-minute chart on this pullback right here.
So this at about 10:15 started to curl back up pullback. it then ripped up here to a high of 986 but didn't hold that level and came back down. So that is where I made some money in my IRA account but only a hundred and seventy eight dollars so not a what I would call by any means a home run. So let me pull this back up here.
Alright, so 178 in the IRA whatever. that's fine and then this is the the good one. So two thousand dollars on Fran and then we had N S PR Now and this: PR if you asked me last night, hey, what do you think of NS PR I would tell you that NS PR is a stock with a very low float that has a history making big moves because it's up here in my you know my master archive of former runners stocks I have a history of making big moves. Other stocks that are up here the shipping sector Stocks: Dr.
Ysg, Lbs, Ec Ship D C IX I Already say that one other stocks are up here Led S DF FN L Fi N for sure BP Thr KD A You develop this internal library of stocks that you remember have made really big incredible moves. You know these are stocks that some of the made Some of the biggest moves that we've ever seen in the history of the market like L Fi N and D Ry S So N s PR isn't one of the ones. It's made one of the biggest moves that I've ever seen, but it it is one that has made some pretty decent moves. Now you can see here when you scroll back on this stock. it's one that has a history of doing reverse splits. It has a history of dropping, but off the lows. It also has a history of popping up, but then excuse me reversing. As you can see here, here's a day where it popped up, but reverse popped up, but reversed.
Here's a day down here. a pop up, another pop up. So it's a stock that has a history of making these kind of dramatic moves. And you know, having traded it several times during these breakouts and having made some money on it, this is a stock that I was familiar with just back in.
August We had a day where it squeezed up a hundred percent from 250 up to five dollars. So I already actually when I pulled up, the chart had a line here at five. All right. So this hits my high a day momentum scanner at 318 318 334.
So what's my process when I see a stock hit the scanner like this? I very quickly type it in right here and SPR as its loading? I come down here and I type in an SPR now I've got my hand ready to press shift 1 I'm ready to go if I Like what? I see on the chart I see that it's got news, it's got a catalyst I Also, look at the chart and see that it is quickly squeezed from 3 up to a high of let's see 372. Well, at the time it was 350 and so I press shift one shift, one shift, one immediately I'm trying to jump in and as was the case with Fran, I only got partial fills on those orders because it quickly surged up to 368. I guess it was 3 6, 372 and then got halted on a circuit breaker. So I only filled about 3300 shares of my order.
Alright, so it surges right up. Its then halted while the stock is halted I place an order to buy it at $4 It resumes as I expected, a little on the high side, opening it 390, dipping to a low of 380. My order fills the moment the stock opens. so I fill at 390.
It then rips up here to 450 and I add at 450 and 468 now. I was a little aggressive adding there 450 and 468. We go into a halt, but I was a little confused about what was happening because the halts on this one. we're actually like probably some of the weirdest halts I've seen in a while.
Something just well. I don't know what it was, it was the level 2 was not clearly showing the L ul D which I you can see right here but at the time going into the halt it wasn't showing that and I know you guys who were trading it were mentioning the same thing and so I got a little nervous and I was like this is weird so I hit the ctrl X button or ctrl C It took some profit off the table going into the hall so then it's halted and I'm holding the remainder of my position going into the this last hall. I put an order at five dollars thinking if it holds and it opens higher, I'll add 1,500 shares. At five, it opens I add 1,500 shares. At five, it squeezes up to a high of 530 I put orders on the ass to take some profit five 20s 5/10 Those orders don't fill and so at that point I thought you know what I just added it five I better be cautious and hit the bid I hit the bid at five. it then breaks five I hit the bid again at 497 and then it drops down here and I sold the rest at I think 433 and 388 or something like that. It then halts going down which is really disappointing. We had to circuit breaker halts in a row going up and then one circuit breaker halt coming down, it resumed lower which is typical halts going up open higher, halts going down usually open lower, but then it bounces off the low of 324 and bounces here up to a high of 420 which is a nice Redemption The nice little bounce off the low and now it's just kind of consolidating within range, which is sort of similar to what it did back here in August So you know this ended up being a decent trade.
$6,000 is solid, no doubt about it, that's it's a good trade, but it also wasn't a home run for a couple of reasons: Number One: I Got a partial fill on my first entry down here. You know, if I had been able to buy six thousand shares or ten thousand shares down here, this number would be a lot different. but I only got a partial fill going into the first haul, so that was a problem. Number two: The stock.
While it is a former runner, it also has a history of not holding its gains. And so I think that a short seller would probably see this and even if they shorted it right here and got caught short into the second haul, would probably think well, I'll just hold it because it's it's probably gonna end up coming back down. So even if I'm a little more red on it than I'd like, you know it's probably gonna work now. if you had a stock that has a much stronger history, a short seller might be less likely to hold more likely to cover and that starts to fuel a short squeeze.
so the daily history is not ideal. The headline is perhaps not the strongest and and I think momentum today with Fran being sort of the stock that a lot of people were watching probably took some attention away from it Pier PIR So this is one that I was watching for the break of 7 I felt on this one that I better just stop looking at it because the risk o false breakout was a little higher. but you can see here broke seven up to seven seventeen, back down to seven on the bid, up through seven seventeen up to seven sixty and then a little pullback. So a nice 60 cent breakout I mean these are some serious breakout so maybe some of you guys took a trade on it, but I obviously skipped it so that's gonna do it for me, you know. yesterday I only made $500 and I spent about 300 on commissions. It was a a day where I turned a lot of shares on cool I didn't make a lot of progress today and my Commission's Let's see I have them up a minute ago here they are. My Commission's today are a hundred and forty dollars. So half the Commission's half the trades and you know, sixteen times as much money.
and when it works, it works. When the momentum is there, you know it's just like you know, it's like just swimming downstream. You know it's just you're going with the flow and it just feels like wow, everything is working. And yesterday was a day where I really felt like I was just you know, pushing up against a wall and I was swimming against the current and the momentum wasn't there.
and the more I struggled to try to make progress, the more I would wear myself out and the you know the higher the likelihood that I would end up making a mistake. And so I'm really glad yesterday that I walked away before I had a big red trade. a big loss and you know five hundred isn't anything to be. Maybe super super excited about, but in sort of context of today being eight thousand, two hundred and thirty.
But you know that's always better green than red. So today is gonna mark the one hundred and seventy if trading day of the year. So we've got about fifty trading days left in the year. We'll probably come up around 230 240 trading days for me.
I'll take a few days off and you know we're We're not quite halfway through the month of September we've got three more days obviously this week and I'm gonna try to put the pedal to the metal. really capitalize on the opportunities that are right in front of us and hopefully lock up some some more profits. So that's the game plan. I'll be back at it as always.
Tomorrow 9:15 we'll do our pre market analysis. Live streaming starting it not well, live streaming at 9:15 Live trading starting at 9:30 and hopefully we'll have another green day. Today is my now third consecutive Green Day it would be I think the 16th consecutive Green Day hadn't been read on Thursday But that's okay. You know sometimes those red days keep you humble and get you back centered in focus so you can continue the hot streak.
All right. enjoy the rest of the day everyone! I Hope you guys, you know trade safe if you keep trading, Study up if you're going through the classes and I'll see you all tomorrow 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.
Ross in some videos that I have watched you use the term “cover”. Can you explain briefly what that means in an example? Thanks.
i made 4000 in mnk with just 2500 shares
Hi , warrior trader. Can I use momentum strategy to trader ,AAPL, FB ,ROKU or NFLX…. so on ?? These are high trading-volume every day.
Ross the boss 🙂
Hey Ross. Thanks for the videos as always. I was feeling bad until I see we got caught almost exactly the same on NSPR. I was in at 4.64, tried to sell on bid out of halt and couldn't get filled until 4.05. My question is what you mentioned on FRAN regarding slippage. I tried to get into NSPR at 4.13. I hit shift 1 and got filled at 4.64. Is there anyway to prevent that? The chat room said put an offset but my thinking is that when I hit the key at 4.13, it had already moved on the level 2 to 4.60 which means I would have gotten filled at 4.65 with the offset. Am I correct or does using the offset minimize slippage? Thanks
That made up for the other day's loss!
Hello Ross, I know that one of the qualities of an A+ quality stock is above average volume, however, how much is too much volume?
Mr. Avengers i am very happy when u r in happy thank u sir the recap.
60 trades…that is like 600 for us the 99% if we are paying $10 for each trade
Is that Boulder?
Keep an eye on asna.
Great work by precis job with low commission. 👌
By the way could you say what the ranges are (from/to) for your scanner for stock criteria (Price, Float, Volume, Share, etc.), and this may be a rookie question: In your scanner, what are the differences between Float, Volume, and Share? Thank you.
What scanner do you use to get the gappers?
anyone trade MNK?
Got in really easily in my simulator. Basically didn't stop breaking new highs .
I missed the good entry but it had a potential profit of over 50 percent.
these are the type of trades that will make me quit my back breaking sweat shop of $150/day for trading a 12k day with only a 3k starting saving and 24k margin.
Today was a good day
Hey Ross what made you short on FRAN
How much you invested to get 8000
What software did you used?
Did he say that he took 60 trades ?
Thoughts on $kirk.?
I really need to get off pdt and use a better software, I got in on FRAN @9.14 and didn’t have accurate info on tradingview… I didn’t sell above 10 and got stopped out break even. Pdt is annoying
I took my dog out to take a poop and was debating on entering cuz it seemed bullish but I had already made money. Came back in and it was a dollar up.
Ross, can you just use one level 2 window to trade both long and short ?
Lol, You know you've made it when you have a Camera Recording You, With another Camera Recording the First Camera Recording You.
why not just have 6000 shares ready?