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Warrior Trading // Ross Cameron // Day Trade Warrior

All right everyone, good morning. So it's about 8 30 here and at the moment just well sitting tight. Um, haven't taken any trades yet, but there's uh, Dc Th. and I'm I'm buying that.

Um, because this just had news. So watching over 1750 for the next ad so Dc Th was halted. Added at 16.89 Now looking for the squeeze through 1750 and up over 18.. So this one, I was waiting for it to resume.

From the halt, it was halted and we're going to look for the breakthrough 1748 1750. So watching the first dip here for an ad over 17. hi, this candle is 17.50 and this was the news that was out. so it was halted earlier right now, adding 1605 to buy the first dip for the curl back up over 17..

Let's see. Yikes! So that's a twenty thousand dollar loss. Twenty three thousand dollar loss. Forty six thousand dollar loss.

Holy Smokes. Oh, that's a bad one. That's the worst single, you know what? And I'm going to say I'm grateful because that was in my main account, not my retirement account. So I just took the loss in my main account.

Uh, which is actually great because if I'm gonna take the loss, that's the the right place to take the loss because of the tax. So that's gonna come off taxable gain. And um, I can switch to my retirement account. and if I make 20, 23, 000 then essentially I'm flat on the day when you factor in tax so I can handle that.

you never like to see that happen. but um, but I can handle it. So press the reset button. It is what it is.

Flip the switch and just move forward. That's the only thing you can do when you take a big loss Like that. you just move forward. So all right.

Well, um. so Dcth did have news. It was halted and was showing a big resumption. So I jumped in there and was looking for that continuation up to 18, 19, 20, etc.

Didn't get it, so that's disappointing on that. But it's okay. The leading gapper today is Dcth. The second leader is Omer.

High on Omer is 940. let's see. so 940 there. This one's got a 59 million share float.

It's below the 200. we'll probably wait on that one. I'm not totally sure. It's had a pretty nice move from 755 up to 940.

A little bit of a pullback. Yeah, I don't know. We'll see. We'll see that one's a maybe Cfvi, Cfvi.

This one's market high is up here. around. what is this, uh, or all-time highs? Uh, load is 38. Mark that out here.

I'm not totally sure on that one either. This order up to there. Find that okay, Cfvi, you probably leave that one alone too. Dwac.

I saw that there was some uh, news around this one. So up from 38 up after hours to a high of 59.? yeah, not sure. Needs to get back over 60. Yeah, I agree.

Tim. Um, right now. biggest, big, biggest gapper is 33. So you know, at this point, Um, we'll just be looking for breaking news and we'll see if we get some decent news headlines today.

we might. I'm hopeful that we do. So those tuning in on Youtube for the Morning show. In case you didn't already know, trading is risky.
Most beginner traders lose money and even experienced traders losses happen. There's nothing you can do to avoid it. that is part of trading. and sometimes they get bigger and you know bigger than you'd expect.

But you move on. That's all you can do. well. you can quit or you can move on.

So you let it. You cut the loss, you let it go and you move on. One of the things that I think is probably important is getting good at losing. So the better you are at losing, the quicker you are cutting your losses, the better you'll pay for it.

So um, Ben the 46k I said if you were listening was in my main account and then I have my retirement account. So usually I'm trading my retirement account, but I logged in and I didn't switch. so I was in the main. I was took the first trade in the main account and I'm totally okay with that because the main account is a taxable account.

so this 46 thousand dollars is going to come off my taxable income this year. So all things considered, Uh, it's The best place that that loss could have happened. So now I've switched to my retirement account, which is where I'd rather focus on making back the gain because if I make back even half of that, then I'm actually flat on the day because my retirement account has no tax. If I'd lost in a retirement account, I would have been, I would have been more disappointed.

So here, at least in this loss I, I do have some gain. I mean, you know a little less that I'll pay in tax from an account where it doesn't. I mean, it doesn't make a huge difference to lose 46 000. I can recover that.

so it is what it is. All right. So um, Dwac? Not interested in that one right now. we'll be watching the high day momo scanner.

We'll see if we get something that pops up and looks good. Well, I already have over a million dollars of profit in my main account, so it's just taking 46 000 off the top. So it's just reducing the the tax by that much. Correction, It's reducing the income by that much.

And then the tax is the tax sub. I don't get really tempted to hold a losing trade in hopes that it'll bounce back up. I've just been trading long enough that I know that that just doesn't work. I mean, you know, yeah, I'm sure occasionally it would work, but I just I don't like to do that.

I just I cut it and move on And and that was the right move. I mean Dc8. This is kind of ridiculous. Dcth um you know you have this news headline.

It was halted on the news and so it was halted. The news came out. Then it resumed up here at 14.95 So I bought it for the squeeze and added at 17 hit a high of 17 50. I had profit but I was looking for continuation and then I sold as it came back down getting filled at 15, 14, 13, 12 and 11..

But now it's at 9 55. So you know if I kept holding I'd be down 65 000. So this is not nice to see what seems like a good headline and then it comes all the way back down. but you know that's that's trading that one.
I definitely won't go back for. Not a buyer on uh Omer yet. so we've got about 15 minutes until 9 00 a.m I'm hopeful that we'll see some news at 9 00 a.m Well it's not really realistic to try to if you take a really big loss like that to try to make it all back in one trade. and certainly it can happen and you never know.

but it's I, I just I try to just put it out of my mind as much as I can. just not think about it. Just move forward, detach the loss. If I focus on it, then I'm focusing on the number and how much I need to make back.

And this and that and it's that's not the right attitude. You don't want to try to make back, You just want to. I mean, obviously you don't want to go further in the red, but you do. you want to.

Just you know. Um, just let it be what it is. You can't change it. You took a loss, You did the right thing.

Now Dcth is down seven percent, Six percent. So I'm glad I cut the loss where I did. It would have been worse and I'm gonna focus now on the next opportunity. I would say that that I would say right now, the fact that we don't have a very good leading gapper is a problem.

So unfortunately it may be, um, a slow day, but you know we'll see. Yeah, I was just looking at Cfvi, not um, not really sure. It's also easy to borrow. Look at that drop on Omer.

Yeah, the warrants. It makes sense. The warrants are up. Um, but abus yeah.

So it did move up to 6.50 yesterday. That was nice. Thanks Aaron Welcome Well Scott, you always want to start with small size and scale up so that's that's the best way to approach it. Okay, we've got about 10 minutes till 9 a.m We'll see if there's anything that pops up around.

then for news. Uh, Oscar. Yes, I'm almost positive there is. right now I'm just waiting for something to pop up, either on the momo scanner or news headline.

Yeah, I saw that on Cfvi, but I'm not sure. Uh, 15 cents? Connor, I like to give it a little bit of room. Yeah, I thought June was gonna bark. Yeah, I would say if you take a big loss and then you try to get most or all of it back in the next trade, that's kind of that.

doubling down, doubling down, doubling down where the losses can come compound and get bigger and bigger and bigger. We've got about six minutes until nine a.m so I'll be looking for 9 a.m news. Hey, welcome. Um, well.

the warrants shouldn't really be trading that differently from the stock. I mean, they have a different price, but if the stock goes down, the warrants would typically go down. If the stock goes up, the warrants typically go up, so they would typically trade pretty close together, but not exactly so. There's just always this disconnect with warrants, which is the right to buy stock at a later date.
So you'll never pay as much for a warrant as the actual stock because it's like an option contract. So I think the only way Cfvi warrants are really in play is if a Cf Vi stock and this is a spec. If it actually breaks out and I'm I'm not sure that it will, but 35 that pivot right There is a spot to watch, so let's see what it does. You've got high red volume on two candles on the five minute, so it needs to break through this level.

Some traders would get in right there at 35 for that breakout. I'm not confident enough in it right now to do that, especially because of this big spike candle from earlier, so I would rather let it prove that it can hold over this level and then look for another opportunity. Work Ryan, Good for you. Good job.

So Cfvi, there's a little bit of a seller there at the half dollar. You see how there's a hidden seller there at 13.50 Yeah, so I I hear that, um, that kind of conversation about this being related to maybe Dwac? um, neutral video platform. There's this headline from earlier this year joins uh, rumble ahead of Ohio Rally So you know I get why people are. some people might be saying that.

Did that actually go all the way to 14? I didn't see that, uh, print. Hmm. so maybe a market order up to that level and then a pullback and then back to the half dollar. We'll see.

so we're at 9am here. Nice Richard. Good job. So hi, that candle was 79.

I would say that this one feels a little bit more thickly traded right now and it's up 40 percent, but not exactly parabolic. see if it breaks through 14. but then look at that. 94 on the Ask and then it drops down to 76 on the Ask, pops back to 87.

But that so that type of price action is what's hard to trust right now. So we didn't get any uh, big headlines there at 9am but still waiting to see if we get something between now in the open. So another high volume red candle there. So the the two is high vault.

The well, three of the four highest volume candles are red. So just waiting right now for something to look good. This five minute candle has, um, about 45 seconds left pulling back too much. Okay, so uh, Cfvi up to 14 pulled back.

It's holding around 14 13 35 which is the uh, previous breakout spot Cfvi warrants on the other hand, um, are continuing higher. So they're a little bit of a divergence here, where the warrants are continuing higher while the stock is consolidating. Not always clear why that happens, but sometimes it happens. Me, you can see there's a hidden cellar on the warrants.

That's not uncommon. The Algos sort of control this in a different way. Now the high there was 84.. So let's see if we break out a little bit more here on Cfvi of a starter at 13 13.75 my mental stop is a little bit below 1335 this support level and I'd like to see a breakthrough.

14 So over 85 and 95 ads to see if we move through 14.. got 13.78 there's 80. there's 84.. I'm not liking this price action.
To be honest, I'm not liking it. It just feels like it's just ready to roll over. It's not. It's not looking quite right to me.

We'll see. maybe at the open needs to open up. I see hidden orders on level two. Cfvi warrants are continuing higher despite the stock kind of just being in consolidation.

I have a starter there on the warrants. Let's see if the stock breaks through 14 here. If the warrants squeeze up towards five, the stock is at 13.85 so I'll hold that for a minute and watch the stock for a trade through 14.. So for the stock, we're looking for the flat top breakout through 14..

a minute 95 will add at 97, 98, and 99. We'll see if we get the move up to 14 15 14 25 warrants still look good, so we're at 42 percent on Cfvi I that candles 1405, warrants still holding stock, watching for dips off, thirteen, fifty and then the breakthrough fourteen. So we've got about seven minutes to the bell. No.

Go lay down, Go on. Go down. Cut the loss on the warrants. We'll hold the stock.

I this candle is 14.05 I'm gonna have a really hard time focusing today, unfortunately. Hey, go lay down. Go lay down. Not that loss.

I unfortunately cannot focus right now. I'm getting a little frustrated. All right. So that's where I'm at right now.

Down 10k in my retirement, down 46k in my main. So I'm down 56 000 on the day. This is the biggest red day that I've had. I don't know when the last time I had a red day this big.

Now the 10 000 there, that's not too bad. Cfvi, It's choppy. That's gonna happen. this one.

This was not fun. That was a bad one for sure. Unfortunately, the thing today is that there's not a lot opening up. There's not a lot that's really giving us a big move.

And so unfortunately, you know, short of something popping up and looking really good at the open, I probably won't get much of a chance at redeeming myself today. So I was up 37 000 yesterday, down 56 today. So down 20 000 in two days? Well, that's not too bad. It's certainly within the realm of being able to recover fairly, uh, easily.

but I just need something to open up. and if I'm not getting it, I'm not getting it. So uh, and unfortunately, I've got a lot of distractions here right now as you can hear, which is making it difficult to focus, so this day is probably going to be just a loss. A red day, Red on Dc th red on Cfvi? Uh, and we'll try again tomorrow.

Hopefully tomorrow we have better opportunities. Maybe d Maybe Cfvi does open up later. I could see that happening, but so far it hasn't So it's You know, if it's not happening, it's not happening. I gave it two tries.

so as a reminder, as always, trading is risky. I show you guys the green. You see the red too. So this is just part of the deal.
You have to be able to just handle losses like this with stride and move on because otherwise you'll just drive yourself crazy. Every trader out there has losses. There's no one that doesn't So I'll be sitting at the open Warrior Pro students. We'll keep broadcasting.

We'll see if something does open up. Maybe something will. Maybe there'll be a surprise opportunity today. I don't really think so, but um, it's possible.

So anyways, we'll keep. I'll keep my eyes open and see if we get some, uh, some opportunities today. Probably more optimistic though. that, uh, it'll be another day, not today.

But we'll see. All right. So for those tuning in on the Youtube uh morning show, thank you for tuning in. Disappointing to have a red day here, but this is part of trading so they're unavoidable.

They just happen from time to time. I'll be back at it tomorrow. Try again. You.


By Stock Chat

where the coffee is hot and so is the chat

19 thoughts on “Live day trading morning show with ross cameron”
  1. Avataaar/Circle Created with python_avatars Snapped Video says:

    Great information and channel. Thank you for your guidance and training.

  2. Avataaar/Circle Created with python_avatars mark says:

    you'll make it back i know you will!

  3. Avataaar/Circle Created with python_avatars KA B says:

    Please make another video to explain step by step how you lost $46k. Thank I really enjoy your content. I am in a process of learning how to buy stccks.

  4. Avataaar/Circle Created with python_avatars Tomas Gomez says:

    Wow, DCTH flushed down so quickly. "It's actually great". lol

  5. Avataaar/Circle Created with python_avatars Gigi Berlogea says:

    Easy come. Easy go. Perfect example.

  6. Avataaar/Circle Created with python_avatars Go Explore says:

    Great videos , thanks for sharing some tips and suggestions. Keep on Trading

  7. Avataaar/Circle Created with python_avatars Anthony says:

    Isn't only $3000 that can be deducted from tax per year?! Also, if someone makes 100K/year and loses 10K on that year, there'll be only tax on 90K, (as I understand), so what is special about that to make the trader happy, I don't get it?

  8. Avataaar/Circle Created with python_avatars Sun Dancer says:

    Ross, you could consider a T-shirt line. Just saw a comment about how to get dinosaur shirt. AND……..you do have the most interesting shirts of ANY trader on YT!

  9. Avataaar/Circle Created with python_avatars video games says:

    the charts looked iffy and i need to avoid PDT strikes, so i didnt trade today. if i held my position from yesterday i would have 600% profit

  10. Avataaar/Circle Created with python_avatars Artem says:

    Finally, I saw that you aren't a prophet

  11. Avataaar/Circle Created with python_avatars Larry Singer says:

    I think the pandemic has taught people the importance of multiple streams of income unfortunately having a job doesn’t mean security

  12. Avataaar/Circle Created with python_avatars Spongy bob says:

    Do you think the conravirus is having a big impact on the penny stocks? Have you noticed a big difference on the stocks that go up and sell up quickly ? Why has the penny stocks sold off so much is it because the market has changed?

  13. Avataaar/Circle Created with python_avatars Earth Explorer says:

    2.48 ohh that broke my back.

  14. Avataaar/Circle Created with python_avatars Sumayah Lea says:

    so thats a morning to wake up too.

  15. Avataaar/Circle Created with python_avatars Melvin H says:

    Seriously thank you for sharing your red days! I am paper trading and last week and a half I was in the green, this am here I am just red today and over analyzing my strategy, wondering what the hell I did wrong and just for the life of me couldn't understand why my strategy was crap! Market is just crap this morning so it brought confidence back in my strategy knowing that it wasn't just me and just a red day. Thank you Ross!

  16. Avataaar/Circle Created with python_avatars Michael Anderson says:

    i have had them all week keep your head up man!

  17. Avataaar/Circle Created with python_avatars deez noots says:

    Tough day, keep your head up. Remember your rules and what you've taught us

  18. Avataaar/Circle Created with python_avatars Power Sonic says:

    You handled that loss well .

  19. Avataaar/Circle Created with python_avatars Power Sonic says:

    I am learning that risk right now , watching a pro like yourself .

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