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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. 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.
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
Foreign? Well, we've got uh, about 40 minutes to the opening bell. So this morning so far I am up 24.97 it's been a slow morning, but you know that's okay. Uh, it's just the way it is right now. Uh, for those that are going to tune in for the Morning Show on YouTube Thank you guys for being here I Hope you hit the thumbs up.
Reminder as always that um, trading is risky, My results are not typical, and you should practice in a simulator before you put real money on the line. Uh. secondly I Want to remind you that because we run ads on the YouTube channel, the YouTube channel is slightly delayed versus the ultra low latency streaming servers that we use. Even actually, without the ads, it's already delayed.
but it's even more delayed with the ads. So if you want, uh, ultra low latency and uh, no ads, you can join over at Daytrade Dash tools only or Warrior trading if you want tools and classes. All right. So right now I think it's worth.
Kind of setting the stage for today. Atxg Crazy move yesterday I mean this thing went to 1200 just about 1200 a share. but kind of like Duo wins Ltrpb di SCB or whatever it was. the volume was very light naturally.
therefore the spreads were huge and I don't know that I I don't know I mean I Don't know if there were some people that made some good money on it I suppose there probably were, but um, but I can't imagine that. probably there's anyone that made six or seven figures on it Uh, except for insiders, right? So just because it would have been hard to accumulate a position, and if you did accumulate a position, you held it that long. Uh, congratulations, you're a gambler because that was, uh, quite risky indeed. But you know, uh.
green is good I would say for me, uh I Value consistency. Uh, much higher than the occasional lottery ticket Grand Slam Winner I'd much rather be consistent just I you know and I'm not I I You know I see some moves like this and I'm thinking wow, if I had held a thousand shares of it, you know I mean even just a thousand shares, you could have made 100 Grand but uh, or more. But you know, I it's just doesn't really fall within my strategy. But sure, you know, 10 10 shares, five shares.
The thing is, what's interesting is that the last few IPOs like Jay-Z have been a disaster, right? Jay-Z I mean this thing. Look at this. look at this chart. Let's not forget this thing cratered hard so it wasn't really reasonable to expect that Atxg would do anything all that exciting.
But it, you know it surprised people. and sometimes those stocks that surprise us and catch us off guard are the ones that can make some big moves. Uh, shph, Some sympathy to the move I think uh yesterday nice squeeze up to a high of um 84, pulled back all the way to 25 and then bounced all the way back up to 78. so we're gonna range here.
It's breaking down just a little bit right now, but I did try to trade it earlier. uh for the break of 75 here, went to 76.88 and then I stopped out for 175 loss. But yeah, so there's so the momentum right now continues to be. the interest continues to be on recent IPOs Um, and things like that. I'm not sure if we're going to see continuation of those moves today. Leading gapper S. H P H. I already kind of mentioned it.
interesting, um, but lacking volume and has pretty big spreads, but it is a leading gapper so I'll keep it on watch. Second leader Hpco hesitated to trade it. uh, and I think that that was the right move. It ended up doing a kind of nasty false breakout on the five right there and dropping back down so didn't get anything on that one.
Uh, FM and I'm not sure I'd trade it now because it's below view app fmtx uh, buyout looks like BG XX you know, and again by the way, this morning. um, you know, as usual I sit down and kind of the first thing um I was doing this morning I was just sort of rolling over and looking at the Gap scanner you know. and even when I was out and about yesterday afternoon, I was still refreshing. The scans on my phone just to kind of see I was like all right, you know what? what do we have moving here is this: um is this moving higher so you know you can log in to the chat room? um I don't know if you could see that super well, but you know you can log into chat on your phone and you know, sort of follow along and stuff like that.
So I just take a look and see how what's going on what's on the scanners and I saw you know the action that people were talking about. um obviously we had a a lot of action and I felt a little fomo but you know it just is what it is. So this morning when I was looking at it I saw okay s H pH back on the scans. Interesting.
um you know. Okay, so that's one to keep an eye on. uh, atxg this one. um the spreads are just insane on it.
Let's see. so you've got 3 600 shares of volume. a spread of um 550 by 5 by 650. So I mean it's kind of Unthinkable just it's untradable.
unfortunately. I mean you know it is what it is, but it's just not tradable at that point. at this point right now, maybe later volume comes in I Don't know, but right now it's not tradable. Meg L that was another one from yesterday.
Uh, dead cat bounce Got a nice move there from six up to nine. so nice. 50 squeeze for sure. You know that's not, that's not bad.
Can't complain about that. So that was, um, sympathy momentum, right? That's what we were getting at that time. There phase I'll take a look at it. Foreign? Um, well, it needs it I Just.
it's such a bummer that it didn't open up. Uh, it needs to break over some of these levels. It's just not there right now. Just kind of looking at Hkds reminding myself of like that move there into the close where it ripped up, dropped down to 700 and then later that afternoon goes crazy.
So Atxg may not be tradable. I May not find that I could take the risk on it, but it may keep going. Yeah, it's You know, it's not impossible, so it's probably worth keeping an eye on some of the Sympathy Momentum stocks to see. uh, how they trade. Because if that does keep going, then you know we may see some good sympathy momentum. I'm not totally sure, but Pxmd back over 420 Maybe Jay-Z I'm kind of surprised honestly that Jay-Z didn't do more yesterday, right? I mean all these other stocks were popping up. This one perfectly set up after dropping like 200 a share for a Dead Cat bounce. and it the thing can't bounce more than a dollar a share.
So I don't know, Halt down and dip. Yeah, that? no, you're right, and that that's that's a possibility. Um, it'll be I think a question of spreads and um, that's probably going to be the biggest question. Spreads: How big are the spreads if it does that if it forms that setup, but you know, if you see it and you think it's doing it, just let me know because I might I might miss it if I'm watching something else.
So we're coming to the top of the hour here. Ultimately, while filings you know are valuable to look at in certain contexts, the problem is that price action is going to be really the most important in the short term. foreign scanners at the top of the hour to see if there's a news trade. Algo Spike foreign there news on that one Overall: Market Gapping down.
All right, Pxmd over four. Yep, I like that idea. Meg L 735 Yeah, that's probably a good idea too. Uh, it's sort of.
You've already had the first dead cat bounce, but if it comes up for a second attempt, you'll probably have some traders that are watching it from yesterday. You know that that's a continuation setup. It's not my absolute favorite, but um, it was pretty strong yesterday s H P H still on watch. It's holding up right? It's had every opportunity to drop back to 60.
it's holding at the volume weight, average price. so it it's good, but you've got big spreads, It's expensive so there's more risk on it Foreign. so good job for those that finished September or August in good shape. Those that want to apply for a badge profitability badge or an upgrade to an existing badge, you're welcome to send those over.
We review them as they come in, so you know we have a member on our team that'll do that. So just make sure you get them over to us soon. Thank you! Uh, you can see it curling up just a little bit. Still down seven percent on the day.
No daily goals the same. not changing the daily goal right now still at five thousand I mean and that's that. Seems okay right now for me. Their days like yesterday where I'll double it or you know, triple it like the day before.
But then there's days where I'm coming in at fifteen hundred to two thousand and I'm like, well, you know I didn't quite make it, but it's okay. Sometimes those are days where if your goal is too high, you keep pushing and I don't know, but it's something I'll review as we go further into the, uh, rest of the year. Agri Yeah, so this one we've traded Agroforce Um, it's not typically been a nice momentum stock. so I'm keeping Atxg on a side chart I'm keeping s H P H on a side chart I'm keeping up Megal now those two, Because if if Atxg starts to open up, Sh pH will be the one to watch so they're kind of connected a little bit I think but then also if those start to squeeze, we may see sympathy momentum on other names. So keeping that uh as a possibility Yes, thank you for those who are tuned in on YouTube who are hitting a thumbs up. Appreciate that at all as always. Reminder that trading is risky. Make sure you take it slow most beginner Traders lose money so uh, don't try to blindly follow practice a simulator before you put real money on the line.
So I usually try to keep um, you know, keep trading even when I hit my daily goal I start to slow down when I'm starting to give back profit I think taking a break of a couple of days after a big loss is totally fine I think it's a good idea because it can take a little bit to kind of cool off. generally I don't like to lose more than my daily goal so 5 000 but sometimes I it happens. Foreign Popped up to 24. uh, 34 is a spot we'd want to see break and then 50 and then up to 8 850.
we'll see I'd really like to see either uh, Atxg or Shph open up Pxmds below V-wap Megal at least this one's above V Web View Apps at Seven so if you're interested in learning more about my strategy, you can check out the link that's um up at the top on YouTube Hang on one second. Okay, all right, let's see foreign for those on YouTube We have started our back to school sale. kids are going back to school. why aren't you? So we've got a coupon code where you can save 40 on either the warrior starter or the warrior Pro um bundles.
The Warrior Pro includes everything. The warrior starter is, uh, just my, um, the 15 chapter day trading Basics the basics of how to start trading. but the starter also includes access to the scanner, the chat room, and the simulator. So it's a starter bundle and then the pro bundle includes access to the basic class, the starter program, and then all the advanced strategies that I teach in the Warrior Pro curriculum.
So make sure you guys check that out if you haven't already. foreign. Dash and Warrior uh, both uh are having to get access to the same ultra low latency broadcast so they don't delay behind each other. they're the same.
They're both the same broadcast shph starting again so you know I'll take a starter here of SHP H and put an order at 80 to add watching added at 80 on SHP H. Auling 175 shares taking a little profit. new orders at 81 to add doing a 250 share blocks on Shph added to 81, there's 80 84. So I'm only trading 250 share blocks on this I'm not being aggressive, but that's the breakout that I was looking for. So new orders at 85. remember to be careful, think about your share size is a good one to practice in the simulator with. So now watching added there 89. There's 95.
If this breaks over 100, we've got something we can work with. Added at 100, there's 110. Wow, look at how fast that is. now watching.
Uh 103 104. holding right now New Order is at 101. holding 200 shares at 97.18 So we knew that this was the type of stock to watch. Let's watch this first pullback: Hive that candle I saw 110 flash on the level two I'm gonna let it dip down I'm going to put an order for 250 shares at 90 to see if I can buy a dip.
You know this trade. that's that's a two minute long trade right there. It's 10 000 bucks on that Breakout just had it on watch was waiting for it to break that level SJ did you get that one high is 102 right now. So this, um you know if we can get over a hundred added at 93 right there? Actually no Phil my I got wrist check failed because my order was at 100.
it was 10 above current price. That's that's a bummer. I would have loved to have filled down there at 93. So hi this candle's 97 new orders at 100.
we're up 146 percent and it's our leading gapper. These are high priced stocks. Beginners should just watch practice in the simulator. You just want to be mindful of risk risk first, profit second.
But the fact that it broke out like that is a huge added right there for the break. back over a hundred. So we've got 103.95 There's 110 on the level two. Nice.
There's some profit. New orders at 110. so hi. that candle was 110.
added at 102. no fill. again. it's because my wrist check failed.
but I don't want to use my shift one hotkey because that's a thousand shares that's too heavy. Holding 64 shares right now. Foreign 32 took half off the table rub 150 percent volume is still light. Can it hold a hundred? It's straddling that level right now I added it a hundred dollars right there I Want to see if it can hold over a hundred and then look to add back over 105? 106.
So new order is going to be 106. watching here: over 105 to add for the Breakthrough 110. added 104.98 50 shares looking for 107 108. new orders at 110.
Foreign: there's a 10 000 share buy or do you see that on the level two? I added at 104.90 I'm not sure if that's someone who's short or wanting to short or if that's a genuine buyer, but new orders 110 to add so high is 110 looking for the break of 110 and then 115 120 holding 282 shares average is 101 10 minutes to the opening bell. holding over 100 is what I wanted to see adding there at 108. filled 107 80. and looking for the extension through 110 and a squeeze up to 120.
My thought on this and SJ mentioned this earlier is that breaking a hundred is pretty key and I think is going to have Traders Thinking about the move that we had yesterday and the potential that this does something similarly impressive but continue to require, you know yourself to approach this from a risk perspective: Manage risk holding 83 shares. We'll let it pull back and watch for a dip. this volume. uh, the volume on that candle is a little lighter. The racks hitting scans, it needs to hold over a hundred. Okay, so uh, day trade Dash Warrior Members: We know what we're watching here. Foreign first, think about good quality setups. Trading is risky Trading 100 stock is especially risky.
Foreign yeah, just continues to have big spreads right now. 600 by 799. So I think the breakout here I Think most likely a lot of people are watching this over 77 so that was phenomenal. Very nice.
Breakout And now we're going to pull back. Probably right. Let it set a five minute pattern. We'll see if it holds and if it does, then there could be another trade on this.
In hindsight, you could always say I should have bought more shares, but you know thinking about risk first is important and this one does carry risk. Whether you have a small account or you have a big account. I Didn't want to start with 2500 shares and be potentially down 15 20 grand if this gave a 10 point Flash So start with 250 shares. 10 points of risk 2500 dollars.
That is within my risk profile right now, so we'll certainly be watching for possible halts. I still have Atxg on a side chart. We'll see if that squeezes back up over a thousand if it does. SHP H is the one to continue to watch Mega L Yup, that still has that same level there.
736 It's a dip right here. Uh, back to V-wap which you know could give you a nice dip entry, but you know I got such a nice dead cat bounce on it back here on the 15th I don't know I don't know foreign well I think we have our game plan here. About four minutes to the open day trade Dash Warrior Members: Let's keep watching Shph, We'll see if we get some more action on it. The pullback previous breakout was around 87.88 but it was a topping tail.
so I've got a partial fill but only 29 shares. Trying to buy the dip here at 88 Looking for a trade going into the open on Sh? pH back over 100 trying to buy the pullback and then add over 95 and 96 for the break of 100.. Nice Atxg 1000 on the ask I See that I put an order on the bid to fill at 88.90 Yep, so looking for Shph back through 100 and Jay-Z I See that moving higher but still not a perfect pattern. So definitely watching Shph for possible halts those tuned in on YouTube Thank you for hitting the thumbs up! I Hope you're enjoying the broadcast.
Some impressive action this morning, but a lot of volatility so certainly a reason to be cautious. But we've got our leading gapper Shph, and I'm going to continue trading that the broadcast will continue to go out for Uh Warrior Pro members or your starter members and members over at Daytrade Dash All right, so that's our game plan with about uh, just a few seconds here to the open reminder. As always, trading is risky, so take it slow.
Thank you so much for sharing your time with us!!
Much love Ross!!
Damn that happened fast lol basically break even to 2.5X the goal in a few min…
Hello Ross, I hope you see my question here and could answer it on an upcoming broadcast but quickly I've been following you for awhile now and I will be for a long time. MY question is: how do you sense or know that you are buying "the dip" and not seeing a reversal or the trend downwards? I found myself thinking I was buying a dip when in fact the market was going downwards and I had to accept a loss.
I did gamble yesterday, I got in $ATXG 100@15 and sold at 998. I could loss 1500 if it went to 0 but luckily it went up LOL so I can get 100k badge.
Lol I made $640 I sold my 1st share at $34
Can you please do a series on commodity trading preferably gold? Thanks Ross
🙂🙂🙂👍👍👍👍
I hope he caught that double bottom on BGXX
day trade dash is not allowing me to join. it keep putting me on a waiting list
Can you please share if you trade NERV.