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. 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. 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
All right morning, everyone, okay, so let's see um we've got about 45 minutes to the bell, so just getting uh the youtube broadcast up and running, and hopefully uh you guys on youtube tuning in find this broadcast interesting and helpful. I hope you do uh. If you do, we would love for you to hit the thumbs up and subscribe to the channel as a reminder. As always, this broadcast is for educational purposes.
Only so in case you didn't already know, trading is risky and you shouldn't try to blindly follow me or anyone else. I would encourage you to trade in a simulator before putting real money on the line. So susan said she wants me to elaborate. Yesterday i mentioned i'd rather take one trade with 10 000 shares than 10 trades with a thousand.
She said. Isn't that a risky? So my opinion on this uh is that i'd rather focus on high quality setups and it's probably not, as likely i'm going to see 10 really high quality setups and it's not possible, but it's not as likely. So if i am focusing on quality, the way i make up for that is with larger share size on uh the smaller quantity of trades that i take. So that may not exactly mean taking just one trade with 10 000 instead of 10, with a thousand but sort of as a rule of thumb, i'm more inclined to be uh quite aggressive and focused on one trade at a time.
So you notice, i rarely am in two positions at the same time, usually i'm in one trade at a time and i'm pretty much 100 focused on that trade. So, rather than kind of spreading my risk out and taking several trades at once, i'm just focusing on one good setup at a time and trading that one uh more aggressively and trying to fully capitalize on it. So uh leading gapper right now is reli, i'm actually down 177 on it. I've had two trades on it.
One was red, one was green, so i basically flat on this one right now now initially i thought this looked a lot like sopa from yesterday. So yesterday, sopa had this big move: a pullback very similar pattern. The uh trigger was 526, the high was 621.. So now, let's look at reli very similar pattern.
Pop up pull back pop up pull back trigger 684 and that gave us that first trade up to 770, but i went a little too big on it. So i didn't manage the risk super well on that, and i went too big in the sense that i kept adding. I added really high and it didn't continue extending up to eight and then my average was too high and came back down and i sold the first one for a loss so uh. Actually i had three trades on it.
Um. My first trade was a partial fill at 684 of like 1900 shares and then my second trade uh. I was it um. I added here for the break of 750.
Then i stopped out at seven and then it bounces right back up and i got back in and it went up to 770., so anyways a little choppy there um. So reli right now is on short sale restriction that will make it uh a bit harder. For short sellers, because you can't uh hit the bid uh, however, we will also probably be watching you know to see where there's big sellers on the ask and those might be short sellers, so reli worth watching yeah. There are some topping tails on it. I don't love the news headline. I'm trying to understand catalyst is short. Interest is 147. I check that.
I don't see that i'm not sure where that's from um i mean the source that i use to check. I have two data feeds, so this shows a short interest as being pretty low and then i double check at finviz and short interest. There says it's pretty low, also only 1.5 percent uh, but in any case uh i would say the trigger on this right now is 770 for a target of 867.. So the question really will just be um whether or not uh thanks andre.
Let me know what that says: um, let's okay, so you're, showing short interest of 34 and that's using a yeah. I see i see what you've got there interesting yeah all right. So, let's see if we get the squeeze here, i'm going to add over 85 we'll see if we get a move up towards eight added there. Next ad is 810.
target's 867.. I mean the short squeeze is clearly happening so adding there at 810, adding at 825 and now looking to see how high this wants to go. Thank you for getting that short interest info for me. Diptrade added 805 bought the dip 867 still the target.
So looking for 867 holding 16 000 shares right now. Hi this candle is 8 29. New order goes at 8, 30. added there, 8 10..
So starting to get this dialed in breakthrough, 8 15 is the spot for a retest of the highs, we're up 163 percent. Clearly, our leading gapper here watching dips 10 million shares of volume, so 815 is the new spot to watch for a squeeze back up to 8 29 and then 8 30.. We're looking for big buyers on the level 2 added at 98 on the dip there. Looking for the break back through 8 15, three there's four right now: we're on a one minute: pullback very high volume on that candle, which is good.
So the volume profile is great watch over 8 15 for the ad 8 15 and then 8 25 nice bids. So we can see how 15 is the line in the sand. That's the spot that we need to see break and what i'm wondering is, if it breaks, will we get a snap find out added at 802, my average at uh just under eight dollars? Looking for the breakthrough 15 for the ad and then the squeeze through the highs, there's 12 13 14 added at 15. There nice volume at that breakout spot holding 14 000 shares hit 20 pulled back back to flat average was 98 kept my average low, adding on dips.
We got the break to 20. It didn't go to the highs, that's the cue to unwind it. The high was 29 needed to go immediately to that level can now watch the pullback here of 82 for the next dip needs to hold 70 70, which was the previous breakout spot. Add it back at 803, there again just trying to buy dips on this and then looking for the break through 8, 20 and 825.
Okay, that candle was 19 new orders 25 i'll put the new order at 30. added 801 on the dip so buying off. Of the psychological support of eight yep, we still have about 30 minutes to the opening bell, we'll watch uh gap scanners and momentum scanners between now and then we'll see. If we have any breaking news at 9am flat at 802.80, got some partial fills at 804. lost a little bit on that trade, though average was 803. a ppsi earlier. This one had a nice move there really nice, but it stairs stepping back down a little bit. Those tuning in on youtube - i hope you hit the thumbs up if you enjoy this broadcast.
As a reminder, i'll put up, my disclaimer rating is risky. Most beginner traders lose money, so you should trade with caution starter at 79.. So 70 was the previous support level. So we're bottoming off of that level right here i usually like that kind of entry, and then i want to see if it reclaims 95 and gets back over eight, so new order is at 801.
This is the beginning of a five minute pattern: five minute pullback but 770 is a good support level for an entry right, because that was our previous resistance spot. So that gets me in pretty close to support. Stop can be relatively tight and add closer to 70.. Why is that jacob watching over 88 and 90, the high this candle was 88, so over 88.
added it at 81 down there? So, let's see, if we get the pop back up over eight dollars, there's 90.. You can see right now a little bit of resistance. My average is 80., so this is 10 cents at 90, which is reasonable for small profit and then hold the rest stop break, even if it breaks through 95 back to flat for now need to break back over 8 a little faster than that. But we'll watch for another dip off the 70s, so added there again at 80, bottoming tail just trading the range.
If i can get back up to 95 or if we do break over at eight dollars, then that's a nice trade new orders at eight. What we'd like to see is a bottoming tail on the five minute we still have about a minute left on this five minute candle and so for the bottoming tail to be formed. We'd want to see a break back over eight dollars. The new order is at 802., my average is 80., i'm a buyer off of the 70s so watching down in these areas to add i'll put something on in a few minutes sam.
So let's see where's the ad spot on this - probably 80. Well. 93, maybe 93! For the break back over eight, it's interesting. It's kind of a little bit range bound in this area here, watching for another dip off the 70s keeps dipping down and popping right back up and the sellers are getting bought up, which is good to see so we're basing out in this area that five minute Candle closed holding 8 000 shares right now and looking for that break back over 90.
watching off of 70, which is the support i added there at 72 again trying to buy these bottoming tail candles so see how you have a bottoming tail right there on this Candle, that's where i like to buy and then, if we pop back up to 88.90 10 cents, if we can break back over eight dollars, that's even better! That gives a potential ad in the 90s, so holding right now the 77 average. Looking for the breakthrough 93! There's 86 volume is good. 87. 786. This is consolidation along this level and what i'd like to see? Is it curl back up and break through 93 96 and then up over 8. up 155 percent about 22 minutes to the bell opening bell we're still looking at the pre-market high, which was 8.67 watching for another dip off the 70s? All right, so there you see! It's starting to break away, so the ad spot is 95, adding there at 95. and there's 803, so we're starting to pull away. That's a good spot to take a little off the table says: stop a break even on the rest, especially after holding for a longer period of consolidation average, even back to flat watching for another dip off the 70s added at 69., and that was a 3 000 Share position got back out at 80.
fried well. The all-time high on bfri was 10 40 and it hit yesterday, a high of was that 10 10 60 after hours, no pre-market so squeezed up and then pre-market hit that level your trigger on. This is 9.93 volume. Is a little lighter, but reli back at 745 pulled back a little bit, so it seems like kind of have going on this morning.
Are these short squeeze targets so room from seven up to 907 and 17 and 42 on reli bfri all-time high is 1040.. I see a breakthrough 93., so your high. There is 77., i'm probably a buyer on bfri over 93.. I'm just wondering if i can get in sooner.
The challenge and the reason i'm hesitating a little bit is because it's extended on the five minute and i'm worried it might double top into this level. So the dip down there have some profit up here but yeah. This is something where i'd have to wait for a pullback reestablish, a lower risk entry. Your high there is 10 20.
good job for those that took that trade, i would say just smaller size on it until i can establish a lower risk setup. So reli is still on watch, it's pulled back a little bit, but so did sopa going into the open. So it's still worth watching for that possible curl. The way we got on sopa, which was pretty awesome, so reli levels to watch, will be v web, which is 710 and then triggers at 8, 29 and then you've got room to 867 bfri broke through that level, but is back down below it at the moment.
So we'll watch that one and see how it holds up so, what's the short interest on bfri, i know it's still high, but let's just check going 84 percent. It's on finviz, well very high levels of short interest. Um i find helpful to be aware of so. I added there at 17.
um only starter size. That way, i can either add lower or add higher 1040 is the all-time highs of regular trading hours so see if it breaks through that level. Um i like to start with smaller size for high day break. That way, i can either add 10 45 10 50 for the move up to 11, or i can add, on a dip off of 989.90. So it gives me some flexibility in my initial position, rather than going full size on the first position. So the high right here is 1027. So then i'd look for the break of 10 27, 10, 30 and the target on this is back to the high up. Here we have higher volume right now, which is good.
I did see ppsi news, but it's pulled back. A little bit so needs to get back above volume, weight average price. Now, there's a bid right there on bfri. I don't know if you saw that it was a bid that popped up, but it's at 19..
The thing is: um that topping tail it ran into 30 resistance again so flat on the trade wait for a five minute setup. I still like it, but relie still on watch so rely abp psi. It pulled back a bit though, and then bfri i sort of like the most, but it needs to open up those on youtube. I hope you hit the thumbs up if you enjoy this broadcast appreciate you guys.
Tuning in we've got about 12 minutes to the bell. I'm going to keep trading at the open for warrior pro students and we'll see if we can add some more profit on the day with reli, which is our leading gapper or bfri, which is a nice continuation, setup uh ards this one pulling back a little bit. Qnrx uh this one. We had a day it popped up last week and then pulled back so not trading that one today zava higher price, probably leaving it alone for the time being so bfri and reli.
The two i'm watching bfri, just kind of watching for breakout trades uh until i can get kind of more dialed in so take some quick trades here and there so again for those on youtube. In case you didn't already know, we do have our um sales going on right now and we'd love to have. You join us we'll put a link to those in the um description for holiday sales. So right here you can join, become a warrior pro member gain access to all of our classes.
The chat room, the simulator scanners and start practicing the strategies that you're learning in a simulated environment, because we want you to be smart about how you do it. Trade with us for uh for a year love to have you join us all right, 10 minutes to the bell, so i'm going to end the youtube broadcast and we'll keep broadcasting for uh students.
I just made my first $20,000 in cryptocurrency I'm so glad I'm gonna have a successful retirement..
What platform is ross using to place the trades ?
I cant get audio . Put in what i am learning from you it is working. Thank you I do like watching your teaching. Need more people like you in the world,.
The secret to day trading is listening to Exile by Taylor Swift while you're in the market. Trust me the lyrics will speak to you
Sucked arse so bad today. Everything i touched went the other way. Went long on Sava then it halted down. Took all my gains for the week 🙁
Maan… I am learning this still and play with super tiny size, but I entered RELI even better on the same 5 min candle at 7.30 around first new high, but exited at 7.42, just before you entered… I missed a large chunk of the move to 8 :(. I learned a lot from you and still have a long way to go, but every day is a building block… and this is invaluable help. I am scanning etc on my own and watch your show afterwards to see what I might have missed / done wrong… lots of love and Happy Holidays.
Bfri doing it’s thang
Is day trading better than holding for the long run? What motivates you to do this? Thank you
UCL looking good
You Folks where to cheap on the ‘likes’ 👍🏼… 🤷 he might stream longer if he had more 👍🏼’s… over 4000 watchers and not even 2k likes… you people don’t appreciate what he’s GIVING FOR FREE!!! ✌🏼❤️💰🍭🍫🍬
RELI had no news but ross was not worried about T1 halt just wondering why that was?