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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/
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Warrior Trading // Ross Cameron // Day Trade Warrior
All right everyone good morning, so it's about 9 00 a.m. Friday, and i hope you guys had a great st patrick's day. Yesterday we ended up getting a gift from the market p-i-k squeezed up all the way to 619 pulled back now, pre-market. It came up and double topped at that level.
So it's still in play what's interesting on this one is that it's a continuation stock up 20 uh, not the leading gapper, because it's continuation, but it is holding up. So it's worth keeping an eye on and we'll see. If you know at this point um the levels i'd want to see it break, so it just got back over the volume weight average price right here when it broke over 62. uh.
It needs to get over. Like 589, but then i'm concerned, if it gets up towards six, it's gon na run into resistance again, because the last time it was up at six, it had a bunch of topping tails and it's a clear double top, and it's not a cup and handle formation On the five minute uh, if it comes back up, it's a triple top, so probably um, probably still gon na, be a little bit of resistance up there around six, but from here to six looks fine, especially over 589. So we'll see whether or not there's any opportunities for me on that one, i haven't taken any trades on it yet reminder for those tuning in on youtube. Welcome to the morning show thank you for tuning in.
I hope you guys are subscribed to the channel. That way, you get the notification. When i go live, we have a goal of 1 million subscribers and when we cross 1 million subscribers, i will start a new small account challenge which uh will be fun. So that's a nice goal uh and a nice kind of special thing that i'm going to do when we cross that level.
All right. So a reminder. It's always that trading is risky. Most beginner traders lose money and my results are not typical.
All right now, indo uh, this one popped up a little bit. So looking at the overall market, s p 500, nice move yesterday has given back. You know about half of it today. So we've given back some of it um.
But that's you know it's friday. So i'm not too surprised about that. Nothing crazy is happening in the market right now. You know the market obviously moved up, but i'm not sure if it's going to be able to fully reclaim the 200 moving average we'll see uh.
That's a that's! Definitely a question. So this has been a correction for sure uh. You know no doubt about it. This is a correction that we've had in the market and we'll see whether or not the bottom is in, and we start to move back up or whether or not concerns about inflation and, what's going on in russia and eastern and ukraine, whether or not that's going To continue to weigh on the market um, you know those are.
Those are certainly uh volatility factors that could you know at in you know with one press of a button. All of a sudden we could see a real change in the market, so we have to be mindful of that risk. There is downside risk for sure in the overall market. At the same time, averaging in around the 200 uh historically has made sense uh. So you know we'll see um, so that's the s p, 500 and as it relates to pick you know not so much. It doesn't really make a huge difference. So it's not really a big deal, but in terms of just general market strength and market sentiment. We generally will do a little bit better when the market is stronger and the market is, you know, been a little bit.
You know, as you know, weaker, so we'll see if we get a recovery here so leading gapper this morning on my gap scan is grom. It's only a dollar 46. It's up, 53! It's too cheap! I don't care about it. I really don't don't care about it.
So i'm not interested in that one. I'm not interested in huiz, i'm not interested in stne. I'm not interested right now in pick, but i could get interested in it so that one's on watch, sbfm 4 million share float. Let's take a look sbfm, so this one it's under the 200 moving average the 200's around 486., not a great position alg.
I took one trade on that earlier. I got in a little hide 1187. It went up to 1270 and then pulled back. I made 850 bucks on it, so a small trade on that it is a um.
It trades like a recent ipo. It was a special acquisition company uh it squeezed yesterday from nine up to 13.. So we had it on watch from yesterday worth keeping on watch if it can get over 1340, because it's a blue sky setup so like ispo, sometimes blue sky setups uh - can do some pretty amazing things. I don't know if this one will but uh we'll keep that one on watch in case it comes back up.
Let's see so, and i was kind of hoping. Maybe we would have news at 9 00 a.m, but we didn't - and you know it's not super surprising. It's friday, so we don't always have breaking news. That's good! On a friday, we'll sometimes have bad news, but not not typically good news, so kind of um.
You know right now just waiting to see if anything starts, to open up and look interesting. To give me a couple more trades and just try to finish the week with you know a couple more green trades. My expectations are uh generally a little bit lower right now. Trying to get some base hits trying to kind of just stay green and i'm just been, you know, been a little choppy uh so far this year.
So i'm trying to just make a little money here and there and not push it too hard. When we see something that does start to open up, i'm happy to jump on it, but we haven't. I haven't gotten a lot of those, so not sure if anyone else has anything on watch here. Volume on pik about 10 million shares needs to get over probably 87 and 89.
marps. Well, this one, i would say, is going to be somewhat tied to energy uso, continuing a little higher, you know, but not drastically, so i don't know. I think that the moves are done for right now on those energy stocks eigr, i don't have any strong opinion on it. I noticed that it's easy to borrow and yesterday's the day it had news and it was a little choppy. You know it wasn't super clean. So i don't know that it would be that much better. Today the news was yesterday: yes alg, but it's back below volume weight average price. So all these candles are red.
That's pretty bearish! Looking so at the moment, i don't see anything that looks good. We just have to be patient, it's okay, to sit tight if nothing is looking clean, hold on one second b. Sorry about that. So it's ten past nine um ixhl! What's this um yeah, so this is um! You know we did the dead cat bounce on it.
A couple days ago, uh the day following its big sell-off, the 200 moving average is at 13 34 on the five minute. So this was the day we got a dead cat bounce. It was on whatever day that was so a little pop up. Then it pulled back and then yesterday it was just sort of a a flat range day, and now today it's curling up a little bit.
You know it's one where i would say the risk is probably a bit higher um. Actually, the 200's a little bit further up, but we could see if it breaks through 13. I can put an order, so it's ready but 1338 1350. The spreads are a little bigger the volume's a little light.
It's a good call as dead cat bounce, but i'm not sure that we're gon na get good follow through on it, so probably try to manage risk accordingly. So you've got 13 35 there on the ask so yeah, i'm not in it. If you bought that, that would give you a chance to take some quick profit. There 30 cents see if it goes over 13.50 i'd like to see it open up a little bit more.
You know i i don't mind the dead cat bounce here and there, but it's not my absolute favorite setup needs to break 1350. people on youtube. Spamming stocks will get uh banned, so no you're out of here sorry bud it's just the way it goes. You posted it like you posted that same ticker like 25 times, and no one cares about it, so give it up move on, find something else to trade ixhl, hitting the scan there long at 50, the half dollar 13.50 watching added 13.75.
So it's starting to open up here: let's go for that! Squeeze through 14. there's 14 20. there's 1436 and took a little off the table. Next ad is 14.50 added at 14.60, for the move up to 15.
average is 14.43, so small trade on it. I got in a little high. The high this candle is 1490. New order would go at 15..
You can see it hitting the scans. I do usually wait for stocks to hit my scans before i trade so see if it holds to trade at 24. Now, looking for the break through uh, an ad at 14.75 on ixhl added there now, let's see if we can squeeze up to 15 25.. So there's 86 on the ask added to 88.
look at that all of a sudden you've got 14. You got 15.50 next ad 1550. watching here added right there now looking for the squeeze up to 16., i'm going to add a 1575.. So when this starts opening up now we want to try to get aggressive and make some money on it. Added 66.. Now, looking for the squeeze up to 16, can we break over 16 dollars watch for the dip and then an ad at 1580 added right there 1580 for the breakthrough, 16, there's 15.99, so taking profit on this, then adding back added 1570. Looking for the breakthrough 16 actively trading, the range - my back of my target is a move up to 17 and 18. because it's a dead cat bounce we do have a good amount of potential average - is 47 added 75 to buy the dip for the break back Over 16.
there's 96: this is a micro pullback added at 91.. So now we're looking for the break through 16. up to 16.25. Sixteen fifty there's sixteen twenty five next add sixteen twenty five then we're gon na look for sixteen fifty going flat for right now.
Is it false breaks at sixteen watching now for a dip, putting an order at 15 17 on the bid i'll see if i can fill the bid? So i don't usually do this, but this is a manually entered order at 15 dollars and 17 cents to try to buy the bid hi this candle 1613 new order at 16 15.. So i kind of got on this one in the middle of the range watching. The fill see if i fill on the bid, i'm going to put an order at 14.95 y volume weight average price is at 92. yeah.
I have akan akan on another chart, there's a bit more volume on ixhl, so we'll let this do a one minute: pull back watching first candle to make a new high added at 75. Can we break over 16 added there at 98? Now, looking for 16 15 to add for the squeeze up to 16.25, i think one of the things we have going for us right now is that there's watch here added there. 16. 15.
now watch 16, 25, 16 30 to keep adding the advantage that we have right now on this. Is that there's nothing more obvious added at 16 20. now we're going to look for 1625, 1635 1645 and move up to 1650, as this pulls away 1677 target watch this up in this area through 16 45. We need just a little bit more volume and then this is going to break through the highs watching to add added at 22, we'll add at 35 and 45., keep adding every 10 cents for the squeeze up to 16.50 and then we're looking for 17.
17 target. Holding 1500 shares right now watching for a dip added 85 to buy the dip. Average is 16. there's 16 10.
back to flat on it for a small loss. You can look to add back. It should have pulled away right there up to 16, 35, 45 and 50, but i can watch for another dip. Trade bought 16 15.50 on the bid, so along 1550 buying support a little profit, and now new order goes at 16 22..
There you go so see how that pops up there a little bit watch for the add over 16 new order. 1622 we're up 31 percent. This makes it our second leading gapper today, even though it's a dead cat bounce, we have room on the daily chart up to uh 26., so that five minute candle closed green back to flat for right now, let it pull back we'll see if it holds the Volume weight average price - i saw imp, hit my scanner, i'm going to leave that one for now a can also on the scans a moment ago. This one it's just a similar setup. I bought at 79. look at how quickly that moves i'm adding on a can for the squeeze up to ten dollars, i'm going to add 75 there look at that. A can big move. Nice only got small size new order, 1050., watching a can watching for a dip, bought the dip at uh 1061 on acan.
Now, looking for the move up over eleven dollars, 75 and 85 possible ad spots on a can, so we're getting some action today. That's for sure, watching uh 1075 and 1085 on acan. Add it at 10, 50.. Now, looking for 65 and 75 for the squeeze through added 72, can we get the break of 80 there's 80.
back to flat for now uh, not bad! We'll! Look for the next dip trade off of 10 added 88 to buy the dip still watching ixhl average right now is 9.84 impp watching imp, quick long on imp for the breakthrough. Three dollars got 97 on the ask looking to add at 97.98 added there, there's 99 small winner on that still holding 400 shares of acan bought at 56 to buy the dip on acan for the pop back up to 10.. There's 76 on the ask. Looking for 86 and 96.
back to flat break even on that one hoosa another energy stock, pik we'll keep this on watch going into the open. We only have about six minutes to the bell ixhl watch for it to reclaim v app. Imp is still watching. Thank you for those tuning in on uh youtube.
I hope fit the thumbs up and i hope you're subscribed to the channel watching inp it's sold off and then popped back up just a little. I mean just a little bounce off the low again. It's nothing! I'm super excited about see that my camera turned off. I don't like the eight can retrace.
Ixhl is holding up much better imp retracing a bit as well waiting for these to get back above the web for the next trades. Pik is going to be on watch at the open starter on pik at 72.. Add at 75 i'm watching to add a 76 added 76. It breaks through that level.
There's 78 small profit there trying to get in the zone on it. I'm gon na allow myself to increase, share size on pik. To maybe 25 000 shares. New order is going to be at 90..
It has to break through this pivot at 89.. So watch this first pullback following the fresh breakout added there at 79. Now, looking for 85 seems a little choppy back to flat. We know our level that's in play is uh 89.
I'm gon na put an order on the bid there 46., so that looked like uh i mean that was a big drop there. All the way to 47., i put an order at 46, but it didn't fill remember. These are all trades i'll get in i'll. Take my profit i'll get out.
I buy high. I sell higher, i'm looking for ones that are going to hold. If it's not going to hold i'm going to move on to the next one and i'm not going to get in unless they're already squeezing up, so i'm going to wait for them to start squeezing up, i'm going to wait for them to hit my scanner indicating They're already up 10 and then i can jump in still watching ixhl to reclaim v app all right. So we've got about a minute to the bell. Those on youtube. Please hit the thumbs up. If you haven't already i'm going to keep streaming for students in the warrior pro chat, room and we'll be watching p, i k i x, h, l, a k, a n, a l, l g and maybe imp indo going into the open. We've got about 30 seconds to the bell.
Part of momentum trading for me is buy high, sell higher ride those waves of momentum. Some of the waves continue, some of them reverse, and we never know what they're going to do. So i take profit along the way when a stock ends up going up. You know 5.
10 15 points. I often feel like i sold too soon, but then in other cases, when they reverse i'm glad i took some profit off the table when i had it all right so reminders. Always trading is risky. Take it slow watching, um starter there at 75 on pik, adding at 90, and let's look for the break through six dollars.
Ad spot is 95. this one. I think we could get a break of six on this, so watching right here for a dip added at 90.. A little choppy new order is six dollars manage your risk trade, smart first micro pullback.
If it holds this level and doesn't immediately go red, could give us an opportunity for a trade through 6 and then 619 target double top.
iXHL if you bought at 15.50 ….never make 9k
IXHL 15.50 not make 9k
Ross….are you sure you're gonna do another small acount challenge if you hit 1M subscribers? I recall you gave up on the last one because of (insert excuse here).
Ross never you advance anyone to open up a cmeg account. it a total disaster