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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/
#daytrading #warriortrading #rosscameron #stocks #learntotrade #premarket #daytradingstrategies #tradingstrategies
Warrior Trading // Ross Cameron // Day Trade Warrior
All right, good morning everyone! Well, it's uh, 9 00 a.m and today is day one of trading in Martha's Vineyard and trading on my traveling trading station. So I've got the traveling trading station set up. I can try to gently pan the camera. I have to be a little bit careful not to disconnect the Um Hdmi cable, so no I tried to do.
I even you saw how gentle I was trying to be. Um, I'm gonna have to reset the camera. So anyways, Well, I'll post a picture on Um on Youtube a little later you get the idea. So I'm on my traveling trading station.
It consists of one laptop with two Usb monitors for trading and then I have a second laptop that is just for broadcasting to our ultra low latency broadcast for Warrior members members over at Warrior Trading. and then I'm using that same laptop for broadcasting to Youtube for the morning show. and I'm sitting here with some trades on Jan. It's up 78 and right now I've got about Uh 2 200 of profit on it.
But I want to remind everyone at the very beginning of this morning show. In case you didn't already know that my results are not typical and that most beginner traders do lose money and you should therefore practice in a simulator before you put real money on the line. I encourage you to take it slow. There is no guarantee that you will find success as a trader, whether you learn from me or you learn on your own.
We don't track the typical result of traders in our community, so we can't tell you that you're more or less likely to be a successful trader as a result of being in the community, so I really encourage you to take it slow. Jan right here now has three green candles in a row and we're going to watch to see how it bases out. All right. So let's see, you've got Mltx.
Yeah, so a little pop on this one. The volume is super light. I'll take a quick starter at 962 and this is the type that you want to be really careful on chasing because it could go quickly. The high back here shows it can go to 11, so I'm going to put my new order at 10, 50 on Mltx, watching 1050 to break and then we'll see if we get that move up to 11..
So holding right now watching over ten dollars and 50 cents, we've got one that shows the potential of being a fast mover. The question is will it? We're 48 so thanks for bringing this to my attention. Watching in this area for a break through ten light volume is always a bit of a risk factor. Level 2 on it.
There's 30 on the bid, 37 on the ask, 21 on the bid. I'm going to take the loss of 500 loss. So all right, let me switch back to jam and on this one. We've got a red candle on the 5 there with a high of 420 421.
So we'll see whether or not this a five-minute pullback in this area. It may, but it may not. You can see a seller there at 4 10. Yeah, this is pulling back a little bit too much for me as well.
So you can see Jan uh, pulling back here. it's 907. The low of this candle is 390. V-wap is at 378.
So we're right at our 200 moving average. On Jam, it's at 403.. I'd probably like to see Jan break through the highs, but I'm not sure if it's going to have the strength to do it. Txmd is a buyout, so no interest watching. Uh, Jan added back at four there 401. it's uh, starting to base out first five minute candle to make a new high. Watch the ad over 410. added it for 10 and then profit at 4 11.
the double top risk is at 421. I'll put a new order at 423 to add back. So that was an entry off of uh support. I waited for the first five minute Campbell to make a new high or the the potential of that.
There you go, there's new highs good. Okay, so now we want to watch this as it breaks away. Add it at 24. Next ad is 30 and we want to see this pull away up to 50.
this is going to be our most obvious stock today, added at 30. now we want to see 35 and 40. we're up 91. so the high on this candle is 34..
watch the break of 34. My thought on this is that now that we've broken out on the five, we want to watch the first one minute pullback on the fresh five minute setup. There's ten thousand share bid that's we like to see added 29. I'm going to start accumulating here on this 10 second pullback for the first one minute candle to make a new high through 34.35 There's 34 on the ass.
Can we break through 35 holding 2400 shares? unwinding that position for small gain, holding small size. Right now it made a higher high there of 35, but it didn't open up. But the volume is also lighter on that red candle. So kind of interesting price action there.
Big bid. You see that big bid that just came in, so we're up 91 percent added at 31.. Now looking for 36 and 37? There's these big bids that keep popping up. so someone's buying some pretty large positions here.
50, 60, 000 share positions. They're either covering buying to cover a short position or they're buying because they think it's gonna go higher and you wouldn't cover short unless you thought it was going to go higher. So let's watch this over 45 and 50.. So we've got 40 there.
My new order is at 55. add it 45, then I'll add 55 and then look for 65 and 75 for the pull away up towards five dollars. This is obviously our added 55. next ad is 65.
So we're going to look to keep sizing up. Added at 65. there's a little profit at 70. it's starting to pull away.
There you go. There's Five Dollars. See how fast these can move? I This candle is Five. Watch this pullback added 80.
Now looking for the break through 95? There's 88. So this first pullback added 88. Now we want to see if we're going to break through five new orders? 502. adjusting my chart here so I can see this a little bit better watching the level two added at 89.
Looking for the break through? Five dollars. So the next places I would start to add would be 96 97 added there 95. Looking for 96.97 to squeeze through five and then 505 510. Now that we're above the 200, we don't have daily resistance, so we've got a good amount of room on this. We're forming a one minute pullback here. I'm thinking if we break through five, we might see this open up the way we did on that breakthrough. 450. short sellers covering the break of five.
So I'm going to put an order at 520 so I can look to size in 545, 510, 515 and look for Five Twenty Five. Watch First One Minute Candle to make a new high. Buying the dip at 88 Now looking to add 4.95 There's 95 adding Now looking for adding Adding a 503 Now I want to see are we going to break through? So this is right now forming a false breakout which I don't like. Can it get through 503? New order goes at 503.
Stopped out letting it pull back. We'll watch for a dip entry and leave an order at 503.. spot the dip at 83. holding 2000 shares at 83.
we've got 14 minutes. The opening battle profit at 87. not a lot of profit, but a small profit. New order 510.
reminder. As always, those tuning in on Youtube. Trading is risky and my results are not typical so I encourage you to take it slow. Don't trade with money you can't afford to lose.
Thank you for those tuning in for hitting the thumbs up! Today is day one of my Traveling Trading Station Challenge which is to get in, get green, and then get out and be on the beach. Go sailing, ride my bike and enjoy being outside. Summer is here. Yeah I don't know on Youtube uh why the audio is not as good.
It's the same exact um restream but just has a delay on youtube but it shouldn't change the uh audio. I mean I you know you could be wrong and I'm not listening to it so I take your word for it. So now you've got a seller there at 78 70 000 share seller. so let's see what happens.
Is that going to be a seller that walks it down? We had our first pullback. We had our second pullback right in here. So now at this spot, we're at our third pullback. Thanks Tyler.
Appreciate it. Seller 72-3 We've got a 1 million share flow, 2 million share float, and about 6 million shares of volume. so we already have three times float rotation with a 110 game. Bought the dip at 68.
Trying to just catch little pops off the low Five cents here, 10 cents there. There's profit as it comes back up with small size. that was a double bottom setup off of 68 66. Could have held it a little longer.
So Jan is not an acquisition catalyst. Um, it's selling. Um, so this is a little bit confusing because Syp. This is the headline that's popping up.
So Sypr is acquiring Geotech and they're acquiring it from Jam. So Jan is the seller. So it is a little bit of a funny catalyst because the headline also said that this buyer is a wholly owned subsidiary, so I'm a little bit confused about it as well. Um, it's possible that the market makers are going to come in and kind of, you know, drive this one way or the other based on you know what they think is really the ultimate value after this transaction. But we'll see nice motion. So seeing some of you guys posting some nice P L's this morning locking up some nice profit stock up a nice 111 percent. Can't complain about that. Seven and a half minutes to the opening bell.
hey bye, how are you Okay, Sounds good do you have? Are you gonna do some zingo? I did bring the top cause it's my money machine. It's a money machine. I'm on a money machine too. That's funny.
No, no, you can jam my mind. I can all right. But all I have to do is that seems like it just made a little bit of a mess. Don't touch the computer.
Sorry, but it's okay if we that much. All right we'll just we'll make sure we pick these ones up a little bit later because um, because it's that the luxury line is holding it. Okay, so I'm gonna show you how we work my money machine. I no, no, no, don't put that there.
I'm still working. but um, so if you want to, if you want to be in here, you've got to work as well. You've got to do some work projects that'll work Okay, Well, you could do that over here. Well, I'm afraid it's gonna fall between the couch so maybe do it over there.
We're currently sitting at 9, 23 and 40 seconds. These are going to fall between the couch cushions, but I don't think you should do that. You should do it on the floor, not on my computer. that's my workstation.
I'll just put these and just take them out. All right. We'll leave these here for right now. Temple.
Okay, all right. so let's see getting a little bit of a pullback here. Although, I'm gonna buy this dip because the last time it dipped like that, it popped up and ripped and this five minute candle is about to close. So let's watch this over 85 for first five minute candle to make a new high and a retest of five dollars adding at 80, adding at 85.
Now we're looking for that retest of five dollars. This is the first five minute candle to make a new high watching for an ad over 90. adding an 88 right there. So now starting to scale in for the breakthrough 90.
What we want to see on Jan is a breakthrough 495 and then Five dollars watching for an ad 4.95 So we're getting our five minutes set up here and we're looking for that: Squeeze through Five dollars, watch ads over 495 496 497. Into that level, we've got 88 on the Ask, there's 90 added at 90. there's 92 reducing a little bit. It's not breaking the way it should added back at 66.
64 to buy the dip in. irrational sell-off average is 70. watching now over 73. there's 70 on the Ask.
72. Back out at 71. So you know it's kind of funny because on this last one right here, we did this. Uh, we did that dip and then we did the breakout.
And here we did this dip. and we did a breakout. So I kind of thought, okay, dip and then a break out here. But then this one didn't do it. I mean, it broke, but it didn't go through the highs. The high was 493. so I don't know. I'll reset the webcam.
Okay, I see that. So we've got three minutes, Two and a half minutes to the opening bow. I'll have to fix my camera in a minute. Two minutes to the opening bell.
We'll keep Jan on watch, leave an order at five dollars, but I've gotten green on it. So all things considered, this would be a good accomplishment for day one on the Traveling Trading Station 5300 in my retirement account, 768 in my main account is a six thousand dollar green day on day one, on the Traveling Trading Station. Reminder as always that my results are not typical and that trading is risky. but this is where I'm finishing here.
At the end of pre-market I'm not watching the Um Energy stocks that closely. I sort of feel like, um, that sector is. We've kind of done the best we can on it and I'm just going to leave that alone. So thank you guys for tuning in.
Thank you for hitting the thumbs up for those on Youtube Warrior All Access members We're going to keep trading here at the opening bell and we'll see if we can find some more opportunities. All right! Thanks as always for those tuning in for the morning show. I'll see you first thing tomorrow morning.