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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.
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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/
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#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
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
All right everyone, good morning. So I'm gonna do a midday market recap here and go over the trades from this morning. it's about 10 30 and I'm shutting it down here for the morning with about 5 500 in profit. So day two of the month, day two of the year, second green day in a row, and the focus this morning again on that first trade was approaching it from this mindset of Trader Rehab small account challenge.
One trade a day and that was on Immx. That was the trade that was my one trade a day. and then the following trades were trades that I took after that. And as it turned out, that one trade was the best of the day and everything else was smaller.
which by itself was an indicator that today was a little slower than yesterday. Yesterday was a better day than today now. Part of that was because, um, Immx was a continuation setup. Pulling back a bit now, uh, yesterday.
we got some good action on it as it rallied back up through here. So it rallied through six up to 650 high of 687, pull back and then rip into a halt at the open, and then dipped back down. So as the day went on yesterday, it was very choppy. Some really nasty false breakout candles.
I can remove these and just kind of show you even on a one minute chart. It was pretty nasty. I mean, I. I was kind of blown away by some of the false breakouts on this one yesterday because they were not cool you had right here.
that red candle you had right there. you had right there. and you had right here. So these were some pretty nasty false breakouts.
one two, three, four of them and not including the the halt resumption. And yet this morning we sat down and it was back at 7, 50 and pulled back and it squeezed back up to eight dollars. Which was kind of mind-boggling because you know, I mean it was weak all day yesterday. But it rallied back up.
And so the spot that I got honed in on was the break of 53. And this was really the the best entry for those that got it. Um, so right there, that break of 53 or alternatively, uh, an ad I think it was at 65 and 70 for a squeeze up. The high of this candle was 69 for the retest.
Hey come on girl. sorry guys, it's sometimes very difficult to work when you have dogs. Uh, anyway, so uh, 7.85 Um, and we did. We did.
We did get that level, we it hit a high of 785. it went up to 791.. So that right there was the 3300 trade. That was the one trade, the one good trade.
And I waited. You know that was at 844. I kind of waited a little while before taking that trade. I was like I don't want to rush it, you know.
Com cool, collected and I was kind of. I wasn't even that excited that I was considering trading Immx because I knew it was continuation I. I just didn't think it was going to be that exciting. but at the same time I I did think if it got over eight then you know we were looking back at yesterday's highs which were about 868..
So anyway, so I got. I had, uh, the trades on Immx. Uh, that was the one trade a day. So and now as a reminder, we're sort of the beginning of the broadcast here. So two things. one on, uh, Youtube. I wanna remind traders as always that my results are not typical the typical result of a beginner traders, that they'll lose money so you shouldn't trade with money you can't afford to lose. Most beginner traders do lose, so you should have that assumption in mind.
And now that's a high likelihood for you. And with that in mind, trading a simulator Before you put real money on the line, all of our new Warrior Pro students who are, um, now members of the community. You guys will be able to practice for 90 days in the trading simulator that we've set up for you. So we have a license agreement that allows us to offer you the simulator real-time market data.
You can practice trading side by side with me. You could focus on one trade a day or you could be very active just trading whatever's moving, trying to gain experience. There's different ways to approach it and we break those down in the classes, but I do encourage you guys to trade in a simulator before you put real money on the line. So uh, this month we're doing Trader Rehab.
The class was a six hour class on Friday. We then had a mindful Monday Trader Rehab edition yesterday and 7 30 every day. This week we're doing a guided meditation with Ted to help get us focused for the day ahead because one of the biggest challenges for many traders, intermediate and experienced traders is having the discipline to follow your rules. And so we're trying to empower you as much as possible with some tools, some skills, and some strategies to help you follow the rules.
And so what I encourage you guys to do is get green and get the heck out of here. Don't overstay your welcome. Trading is risky and the the longer you overstay your welcome, the more you expose yourself to the risk of that big flush and giving back all the profit on the day. Uh, you know.
and last year for me was a good year, but my average red day was twice as big as it was the year before and I finished the year with a bit less profit than the year before. And so I need to even myself get better at recognizing the writing on the wall when it's choppy. and you know, not feeding the bears when it's clearly a bearish day. Just saying.
You know what? That's it. I'll wait for another day. and today was a little on the slower side so I know I had. I talked about doing a small account challenge um, on January 1st and that was going to be if we crossed 1 million subscribers on Youtube.
So thank you guys on Youtube who have hit the thumbs up who have subscribed. I really appreciate it. We're at 950 000 subscribers, so we haven't crossed a million subscribers yet. All right.
So when we cross a million subscribers, I'll do a small account challenge all right now. I don't know when that's going to be. it may be a little ways off and hopefully my schedule allow for that. But what I do want to do for those on Youtube who are looking forward to a small account challenge and hoping that we were going to hit this level this coming Thursday at 1 Pm. I'm going to teach a webinar for you guys and that free class is going to be chapter 16 of the Warrior Pro Curriculum, so I'm going to teach. It'll be a little bit of a hybrid of chapter 16. it's not going to be the entire thing, but chapter 16 is the small account strategy. So in Chapter 16, right here.
Small Account Challenge. All right. First, 30 days of a small account, I'm going to share with you the strategy that I traded on my last three small Account Challenges: Warrior Pro Students: You guys can access this in the Learning Management Software Chapter 16. All right.
So you already have access to this, but those on Youtube that wants something focused on small account challenges, the link is going to be pinned to the top comment. It'll be in the description. You can register so it will be a live workshop. Live class, Live webinar, whatever you want to call it.
This Thursday 1 P.m Eastern. I'll probably. I'll try to keep it short 90 minutes. Uh, hour and a half.
So maybe we'll go a little longer. If there's people that bring a lot of questions, I'm happy to answer any questions that you guys have. But and I do have some live trading examples that I'll show you guys from my last Small Account Challenges, so you guys will. I hope I find those interesting and helpful.
Uh, so anyways, that's coming up this Thursday, so I encourage you guys, uh, who are on Youtube to register, Uh students. If you know someone who's looking for this kind of information who wants to learn a little bit about small account strategies and you can encourage them to register too. We'd um, love, you could check, Have them check out this Youtube video and we'd love for them to register. But yeah, so um, so that's coming up on Thursday and this this week.
and really this whole month. each morning I'm trying to focus on, you know, one really good quality trade as if I was doing a small account challenge that day or was in trade or rehab that day. So yesterday I had one trade on Immx. It was a green trade that was one and done today.
one trade on Immx green trade one and done. and then all the trades after that are more like my regular day. Now, I actually could segregate those between my main account and my retirement account, but I'm just doing all my trades in my retirement account, because why not? I'd rather not pay the tax. So I'm saving for retirement.
And um, one trade a day is is how I'm kind of starting right now with that really focused, laser-focused mindset of if I was only going to take one trade, Is this the one I would take? All right. So we got a good start yesterday. Good start today. We'll keep that going this week and let's go over the rest of these trades. So we had Immx so that was the first one which I talked about, the second one Ntrb. So Ntrb kind of interesting. Um, it was called out here as a daily setup. First daily candle to make a new high and I jumped in it.
Uh, right here on this micro pullback. So we had this micro pullback right there. It hit a high. It hit the scanners 992, pulled back 990, hit the scanners again as it breaks through 10 went up to a high of 10.37 so I jumped in.
Took some profit as it broke through that level. adjusted stop to break even ended up getting stopped out the rest break even. One of the things I was talking about for the small account strategy and for students is using that Profit Target hotkey. So when you get those nice pops, you can be booking some profit into those levels.
So a great idea if you haven't already tried those Profit Target hotkeys. So that was Ntrb, not a home run Nlsp. This one. Really nice volume profile.
Let me switch to a five minute nice volume profile here. Increasing volume right into a perfect volume top reversal. And so what I did on this one. I wanted to buy at 206 208.
Why? Well it broke over that whole dollar. It was a little extended at the time, but I thought if it could break through 206 208 to 10, then we're looking at 215 220 a move up towards that 200 moving average at 255.. I tried to press the buy button at 208. I fumbled.
No fill. 15 000 shares? No fill. It ends up popping and I actually I think I pressed um, just to the right of the buy button. I don't think I was clicking the buy button.
Uh, so then it hits 215 220 225. I bought for the break of 220 225. we got the squeeze up to 235, took small profits, it pulls back quick dip pops back up and then that was it. So only made 728 on that one indp a 253 dollar winner.
This one hit the scanners and I got in in this green candle as it was spiking at 295. took profit. uh around seven it hit a high of 710 so only dollars And that at that point I was like okay, I'm noticing my winners are getting progressively smaller. I'm afraid I am cruising for a red trade and sure enough, Easy Geo.
I got red on it. 175 bucks. So bought for the break of two Right here. I was actually at 204, hit a high of 215 90 000 share seller comes in and it reverses.
I stopped out quickly. Ctrl Z hit the bid. I don't like to do it but I had to so hit the bid, bailed out and uh, that was that? So up 5500 giving back 175 off the top. Not bad, really.
not bad at all. I'm um, I'm grateful for that. That was a uh that this was a good day considering the market that we had. One of the things I remind myself of each morning I sit down same routine as always looking at the Gap scanner.
uh, Pstv this one. uh, leading Gapper up 83. It went a little higher, but a little on the cheap side. Hoth surprised me with a nice big move, a squeeze into one hall, a second halt, and then it pulled back quite a bit. So nice move on Hoth. I missed that one completely. Um, third, leading Gap or Immx was continuation Ocgn's a lower price stock Ispc. I was watching.
Uh, but I wasn't really sure the catalyst was that strong. It was, um, to uh, to participate in Hc Wayne Ray Bio Connect conference. I don't know, that didn't seem super significant to me and this and this one. the daily is kind of tough.
So anyways, I left that one alone. Um, maybe could have made a little on it, but I left it alone and you know, and then you're just going further down the Gap scanner. So realistically, we didn't have a Um, we didn't have a really good Gapper. We didn't have a super obvious one today, so that didn't We didn't get a really good Gap and Go trade.
We got some pre-market action, a little bit of action off the high day momo scanners you see here, but but overall a bit of a slower day. So you know again, some days are like that. That's not a big deal, but one of the things that I noticed. um, and this is kind of a takeaway for me.
so I haven't done my year in review. so maybe I'll actually just save this for my year in review. So I'm going to do a year in review. um, of my, uh, of my trading for 2021.
I'll do that on Youtube. Uh, probably. I don't know. I'll I'm not sure when I'll do it, but I'll do it at some point here.
And uh, we'll talk about the ups and the downs of 2021. So I do have a couple of takeaways, um, that I'm going to be implementing for the year ahead. Always a good idea to look back at your metrics and say, what am I doing right, What am I doing wrong? What could I be doing better? And there's always room for improvement. No matter how long you've been trading, no matter how much money you make, there's always room for improvement.
There's really no such thing as a perfect trader, and that's kind of a cool thing because it keeps you motivated to try to continue to do better. So I'm going gonna try to, uh, you know, do better tomorrow. Do better this week. Do better this month, both in terms of discipline, emotional composure, staying calm, cool, collected, having the presence of mind to know when things are slow and it's just not a day to be trading too aggressively.
Today I was a little more aggressive on Immx and it really didn't pay off that much. I, um, it, We just didn't have a lot of action today. There's definitely that kind of drive to trade every day. You know? I sit down here.
I want to trade every day. I always feel better if I have a nice green day. And so the fact that today we didn't have a lot made it a little difficult. I traded the best of what we had, but the best of what we had you know were big quality setups at best, so I'm grateful to be green. Not quite to the daily goal, but any day that I'm not red is good and any day I'm not down more than 10. 000 is also good. If I keep the red day small then that's that is also an achievement. When it's slow and I go red, you know the best thing sometimes to do is just cut the bleeding and stop trading for that day.
not to keep just aggressively trying to recoup those losses more and more and more and more. Um, so let's see. Um, so I I think with that, Um, let's see. I will wrap up the recap here again.
Encourage you guys if you haven't already. Uh, checked out the link to register to the workshop. Uh, that's gonna be at one o'clock on Thursday. I know that there's of course a lot of students who have joined us um who are brand new.
You guys will be able to go through and see Chapter 16, uh in the Warrior Pro classes. So uh, don't you worry, we're not going to be giving away anything that you guys don't already have access to so you'll be able to check that out. But for those on Youtube who, uh, decided you know you're not yet a student, you're still just wanting to learn more. I wanted to put this class together for you and so I I hope you really enjoy it.
I've been working on it, uh, the last, uh, the last week or so as I've kind of recognized that we would not be crossing one million subscribers and so I wouldn't be doing that small account challenge on January 1st. So that's okay. Um, I'm I'm just happy to be doing uh, doing this class for you and at least giving you something to enjoy. All right.
So with that, I hope you guys have a good rest of the day. Manage your risk, don't overstay your welcome, and I'll see you first thing tomorrow morning. You.
I’m glad you’re doing the mid day recaps again.
thanks Ross! good day, and looking forward to the lesson!