Want to Learn More โโ Get info on My Strategy and Courses here: https://www.warriortrading.com/strategy/ ๐
Guests on the morning show today:
Hemang: @hp_thetrader on YouTube
Chris @chrisheuwetter Instagram @traderdrysdale Twitter
Jess: @jess_trades on Instagram
Before we continue...๐
๐ฐRemember, day trading is risky and most traders lose money. You should never trade with money you canโt afford to lose. Prove profitability in a simulator before trading with real money.
โโMy 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.
โDo not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/.
๐ 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.
โ๏ธIf you donโt agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos.
Still with me?
Now letโs dig into some helpful information โฆ
Whatโs my story? โ๏ธ You can read it here: https://www.warriortrading.com/ross-cameron/
And check out my broker statements here ๐ https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/
Our website is filled with free info ๐ 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 ๐ป Register here: https://www.warriortrading.com/free-day-trading-class/
Wondering what I think the All Star Day Traders out there have in common? ๐ Read this blog I wrote https://www.warriortrading.com/all-star-traders/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
Guests on the morning show today:
Hemang: @hp_thetrader on YouTube
Chris @chrisheuwetter Instagram @traderdrysdale Twitter
Jess: @jess_trades on Instagram
Before we continue...๐
๐ฐRemember, day trading is risky and most traders lose money. You should never trade with money you canโt afford to lose. Prove profitability in a simulator before trading with real money.
โโMy 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.
โDo not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/.
๐ 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.
โ๏ธIf you donโt agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos.
Still with me?
Now letโs dig into some helpful information โฆ
Whatโs my story? โ๏ธ You can read it here: https://www.warriortrading.com/ross-cameron/
And check out my broker statements here ๐ https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/
Our website is filled with free info ๐ 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 ๐ป Register here: https://www.warriortrading.com/free-day-trading-class/
Wondering what I think the All Star Day Traders out there have in common? ๐ Read this blog I wrote https://www.warriortrading.com/all-star-traders/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
All right. Well, it's about uh, ten of nine. So I'm sitting down here looking at a pretty dull Gap scanner. Our leading gapper today is only 19 percent.
This may be the worst Gap scanner that I've seen in a couple weeks I don't know in a while. So I mean nothing on here really looks interesting. So you know my job each day is to search for momentum I'm a Hunter of momentum and volatility and I have to be a manager of risk, right? Those are my jobs to manage risk and to search for volatility, volume, and momentum. So as I sit down here.
Uh, qrt EB This is one that I traded yesterday. Uh, we did have a nice move on it. Uh, for those that, um, that were tuned in of course. many of you guys saw this trade so it squeezes up into a halt at 7 10 yesterday.
It then dips and rips into a second halt at 7 50. it then opens and squeezes up to a high of 8.64. not bad. Two dollars a share.
That's volatility for sure. Didn't have a ton of volume. wasn't able to take Big Share size but made a little bit of money on it 1500 bucks. So that was a green trade and um, that was.
you know that was a nice one so you know that's and and for what it's worth, that's one that I wasn't looking at pre-market right? That one. Nothing was going on pre-market with it, it was It was kind of boring. Hang on one second. All right, Sorry about that.
So um, so yeah, uh, Qrteb. that one was not on the Gap scan yesterday. Uh, it wasn't gapping up pre-market It wasn't something that we were really looking at very closely, but you know we did end up getting uh, some trades on it. So that was.
uh, certainly nice to see. So I don't have it on watch for today? really? Well, let's see. let's look at the chart. Um well as I say that if it, if it broke over seven, if it broke over 750, that would be something I could look at.
So I could put that one on my chart so they're on my level two. Uh, so that's it's not impossible. Um, there. And there was some news out yesterday on Qrtea.
Uh, Qrt EB's different class of stock for the same company. so that news is what. um, sort of sent it higher. But for you know, for what's worth, Qrteb also has a history of kind of just going crazy and diverging from Qrt EB or Qrtea Like this is a day where it went from four to twenty and then if we go back a little bit further, you'll see some other days where it made some just crazy big moves.
So it is. Um, it is known for doing that. So just for what it's worth, it's one to keep an eye on when it starts to move. Qrted right? Okay, so charts a little slow there it is.
Okay, so pre-market high right? now is about 750, so you know we'd want to see it. Get it, get over that level. So that was yesterday. Uh, you've got some continuation potential on it I don't know I don't know if we'll get it, but for what it's worth, but this morning, uh, we don't have any strong gappers that look exciting s rad plugs too high.
it's only 17 percent so we are definitely in a low right now. I'm fortunate that I had a nice Green Day on Monday was up about 6 500. got 1500 yesterday which puts me up 8 000 on the week. So far that's not bad. I mean I I can't really complain about that. Uh, of course, if you were, you know trading with smaller size and you were up only 500 on the week or 800 on the week? I would still say that's pretty good considering that it's a bit slow. all right. So you know, be grateful for what you can get.
Um, beat moving a little higher there but on very light volume as you can see. So we traded this one. Um, let's see. so 8 45 Yeah, so we traded this one once before.
um I would say it's a possibility pre-market Let's see pre-market highs in the 40s the high of this candle here. Um so I took a starter there 47 unbeat and I'm watching over 65 and 75. for extension up towards five, you've got so my average right now is 47. so my new order goes at four 60.
this is a this is now our leading gapper. Just like that, it's up 21 right? It doesn't take much in this market for something to become the leader. so I'm holding 1800 shares and watching to see if I can add or break over 450. Okay So there's 444.
I'm going to add 36 on that dip. Let's see if the first one minute candle to make a new high gives us the break over at 50. so New Order 451. volume is a little light on it.
Share size for me is smaller I have that candle is 54. Uh, but like I said, it's our leading gapper so it's trading places with S. Rad. We'll see if we can get back through 45 and then 50..
So right here we're on a pullback on the 10 second chart. Watching the ad off of this dip added 31. So buying the dip there at 31 and now watching over 45 for the Breakthrough the half dollar. So there's 39 on the ask, there's 40..
So now we're starting to set up first one minute candle to make a new high which is going to be over 40. What is that? 42.? So let's watch the break of 42. First one minute candle to make a new high. So there's 41 watching for an ad 42 and then looking for a move up to 50..
so I added right there at 40. there's 44 on the ask. Can we get through 45 and 50.? doesn't look like it not yet unwinding. This trade basically break even for a 30 loss 40 loss.
so we curled up there to go for first one minute candle to make a new high hit a high of 44 and didn't break 43 loss for me on small share size. So that had news that came out at 8 45 and you know that trade was managed well I was down a hundred and let's see maybe eighty dollars 190 on it at the low of the pullback. I Added on the dip off the 20 moving average brought my cost basis down. It came back up to being green on the trade probably by like sixty dollars.
but it didn't rip through the half dollar and so I cut the loss minus 40. 43. So you know, all things considered, this would be a a successful losing trade. Any trade that's a loss where the loss is small is a successful loser. Daily level: you've got 4, 16 and then you've got 469 and then you've got room back up towards five and six, you know. But realistically if a stock is the leading gapper and it doesn't get more attention, well that by itself is a little concerning, right? We want to see a little more follow through. So it did start to open up and then it kind of ran into resistance right away. I still have uh Pixie on a side chart.
First daily piano to make a new high would be over 20.94 cents. It's a daily setup 9 A.M top of the hour Uh, it's because we sort this Gap Scanner: My Gap scanner doesn't look at anything under 50 cents. So on the penny stock scanner we show penny stocks that are cheaper. So there may be some penny stocks that are higher gappers that are under 50 cents.
but I just disregard them. B is on a pullback right now so my routine each morning is pretty much the same This morning I sat down time it was um I Pulled up my phone and looked at scanners on my phone at like 6 30 and I saw that the leading gappers were all super small and they were low price stocks. So I was like uh, all right, doesn't look like we've got a great Gap scan this morning. So then I came over to the website Warriortrade.com logged in, pulled up my chart scans and started to look in more detail, trying to figure out is there anything here worth Trading Right now, Beat is our fourth leading gappers.
It's up only 15 percent so this one's moved down. Frsx is our first leader. Lizzy's the second. These are stocks over 50 cents s Rad 12 Not a lot of volume, floats a little higher Sprb a little cheap.
This is an area where I would typically be bullish on something like B you know, off of that dip, but given so far it's been a little choppy. I don't know, we'll see. maybe I should have taken that trade with a couple thousand shares, but we'll just see what it does. Five minutes, a little extended.
so the low that pullback was 22. it's up to 37 so it's not too bad. 15 cents off that low. Foreign above and below V Web: I would rather trade above the web or kind of.
We just broke back above it. Sometimes a dip under it I'll take I don't love it, but you know I will sometimes take dips under view app if I'm expecting a break back over V-wap In any case, an entry off support it is a little bit, um, a little bit easier. I Think right now. so we've got about 25 minutes of the opening bell.
we're back down here at 29.. this is ascending support that you have right here. so we want to see whether or not it's going to hold this level all right. See if it breaks that level, then you know you're going to probably sell off back towards four.
The fact that it's below view app is not the best place to be a buyer, so you see it breaking that level there and not not ideal. So short-lived momentum on this one. So now you've got a Macd crossover. It's a rejection off V-wap here. So I don't really have a lot of interest in buying it at this level. SE Let me look at that one. Well, it's pretty high. Yeah, no interest in that one for right now.
SNES Reverse split So let's see. SNES 20 to 1 split on an 11 million float. It's going to put a float at about 500 000 shares. it's pretty low.
Float had a nice squeeze yesterday. up over 100 percent foreign. over 450 would look better. Of course if it gets to 450 then by that time it's a little extended.
Put that one on a side chart has potential for range, which would be what we would like foreign thing. really on Dwac? yeah, eltk up nine percent foreign. Bell Thank you Pbsb needs to get over nine. It was a little bit more of a grinder yesterday, so that's kind of a way.
I Expected to trade today. Pixie still holding up side chart so we can check in with some other. All-Star Traders and see what they're looking at I Don't know. So Chris had a short on beat and a trade on Sbfm.
he's at 500. That's pretty good. Let's see if um, anyone else wants to chime in on what they have on watch. Zim Moving a little bit higher this morning, floats a bit higher on that one, curling off the lows.
So with 14 minutes, the opening bell seems like a fairly slow morning. Hey Max Good morning. Do you have anything you're looking at today? Yeah, it's a steady pull back on. Beat So I'm glad I cut my losses on it.
Move on to the next one. No real opinion on Ebix right now, Mdgs, it's easy to borrow. Let me see if there's news on it. News at 906.
13 million dollar reverse merger letter of intent? foreign. Hmm. So another slow pre-market session here. Not a lot of, uh, not a lot of good action.
So going into the open we, basically, uh, you know, no, no profit down 43 on the morning? Um, you know that's obviously gonna put the focus on seeing what kind of action we have during the opening range from 9 30 to 10 and then we get past that time. If there's still no trades, then it's another slow day while we wait for some stronger momentum to show up. Things have definitely cooled off in the last week. This has been a real kind of, you know lull here.
I Didn't have anything good pre-market yesterday either. was up 200 going into the open today. I'm down 43 going into the open. So this has been a little bit of a theme these last two days.
just we're not seeing stocks with good news pre-market that we could trade so all we could do is sit and wait right if there's no clear opportunities? Just have to be patient. That's certainly better than taking unnecessary losses. So there's a couple of I have a Us: uh, let's see one, two, three stocks that I'll have on watch for. uh, kind of wild card continuation setups.
We'll see, maybe we'll get one, and who knows, maybe we'll have a great day today and the momentum will just be between 9, 30 and 10 or something like that. Uh, or if not, then be back at it as always tomorrow and keep looking for opportunities. So that's that's my game plan right now. It doesn't look like there'll be anything in the next 10 minutes to trade, so it's going to be just a slow pre-market session, but we'll see what kind of action we get going into the Um through the opening range leading Gap or right now Frsx, it's up 29. Bud's a 70 Cent stock so it's a little cheap Sprb 1.23 s rad, you know, 11 but not doing much overall Market Pulled back a little bit pre-market we're gapping down just a teeny bit, but not too much. so you can see how we're right into this daily. uh, 200 moving average. This is the level that we have sort of as resistance right now, so I would not be surprising to see it the market pull back a little bit off this level, but we'll see.
Okay, so that's the game plan here. with about nine minutes to the open Warrior members I will see. you guys um as we continue to trade through the session YouTube Folks, we'll be back at it first thing tomorrow. We also have for warrior Members class coming up today, so if you check the Um view the schedule, you'll see the schedule for today.
We've got a class 11 A.M another one at 2PM same schedule Wednesday and Thursday same schedule Thursday and Friday. We've got a couple more classes uh Dan Well, Danny and then Trader Psychology at one. All right and uh, both Jess and Danny's classes have been added to the learning management software. The LMS where you guys watch all your classes so if you haven't checked those out, you can access them through your Education portal.
Let's see. so we've got courses. Topic: Warrior Pro graduates So class by Jess is right here and class by Danny is right here. Class is coming soon, will be Chris's class and then Hamang's class was the next ones that will be coming out.
Okay, so that's our game plan here. About six and a half minutes to the open so those on YouTube Thanks for tuning in. We'll see you back at first thing tomorrow morning. Hopefully we have a little bit more action.
but reminder, as always, trading is risky. My results aren't typical so make sure you take it slow practice and simulator before you put real money on the line or your members. Let's keep looking for some opportunities. we'll see if we can find something.
Are you using a new broker?
๐ Watching and waiting too ๐