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
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
Foreign. All right everyone. So uh well. it's about 8 56 so we've got 30 minutes or so to the bell opening bell.
Haven't taken any trades yet. Pre-market you can see my positions window in the top left corner. Actually, still in my retire my margin account, I'm going to switch to my retirement account. Uh, that's it's.
as easy as going like this. and like this, you can just tab between the two accounts and I have a button where I can do it on my on my keyboard. So we'll switch to my retirement account and uh, leave this here ready to go this morning. Our leading Gapper again.
So just you know, setting the stage for those that are new. Welcome. Uh, those that are new in the community, those are new to watching the morning show. Uh, what we're gonna do here is try to find some stocks to trade.
So it's going to start the same way as it does every other day. I look at my top Gapper list and this is giving me the top Gappers on stocks over 50 cents. Um, we do have a penny top Gappers that we're working on over here, but I'm not really. Um, you know it's that's not really my cup of tea.
So I'm going to focus on stocks over 50 cents and the leader is Atrs. So Atrs this morning. um, this one has a 166 million share float and you can see that it's uh, it's trading flat so it's a buy out so no no interest in that one second leading Gapper, Srra Srra also a buyout. So our two top leading Gappers are buyouts this morning.
Thirdly, in Gabber's Artl up only 26 percent. And whoa, you can see it squeezed here from 40 cents all the way to 78 cents. It was up over 100 percent and now it's come back down a bit. Dyai this one.
Uh, 20 million share float? You can see. similarly. it popped up and pulled back. This one's below its 200 moving average right here.
Not a big fan of that. Jt a little bit of a cheaper stock below the 200 as well. Hpk. This one is.
um, let's see. Priced at eight? Uh, sorry Hpk. 24 dollars floats, 8.5 million shares and you can see again. this one popped up.
Um, actually. after hours and then it's pulled back a bit. So at the moment, um, we're You know, we continue to be looking for opportunities. and so the way I find opportunities when we have a case.
Kind of like we have right now. where um, the most? Um, let's see what's going on with this thing. Um, I'm just. I'm just double checking something over here.
Um, so on a day like today, when, um, we've got you know, 5 10 leading cappers, but none of them are really interesting to me. At that point, I'm watching the high day momo scanners. so I'm watching the scanners to see what stock starts squeezing up right now, which one starts moving. And if I see something starting to move, I look at the catalyst.
I look at the float, I look at the chart and if I like it, then I jump it. So that's kind of. um, that's kind of. You know where we're at right now on this one or on a day? Uh, thank you.
By the way, for those getting tuned in on Youtube, I'm just trying to pull up the Youtube broadcast. I was having a hard time, uh, getting it up. but now I see it here. Okay, let's see. so time 9 A.m All right. So this is a good time to be watching to see if there's any breaking news. News often comes out, headlines posted at the top and the bottom of the hour. So 8 30 was the last opportunity.
Now we've got 9 a.m so it's 9 00 A.m and about 18 seconds and just watching to see if anything starts spiking on news that may have gotten posted at 9 00 a.m Not seeing anything yet. Viru? Yes, um, thank you for that. So I did see Vero. Um, the thing on Viru.
I'm not totally sure that we're gonna see good follow-through on it. It's it to me is sort of a dead cat bounce. so I'm sort of. I don't know.
Uh, it's got the 200 moving average right there. Goev. Note that it's under the 200 moving average. Floats pretty high.
Nasa selects them for a crew transport vehicle, but it's 200 million share float. Um, I actually don't think I commented on Bctx. it's not in the top 10 Gappers right now. Uh, it looks like you got a nice pop on that right at 8am and now it's retraced that That move.
So yeah, oh, so sometimes that's the way it goes. So well. Yes, I I have noticed that actually, and I'm not sure exactly what that is. Um, but yeah, something to keep an eye on.
So 903 a couple stocks had headlines there at the top of the hour, but none that really provided any particular, particular, um, opportunities for me. Yeah, so like, why doesn't this one? Why isn't the news showing up on this one? It's weird. Okay, let's see. Yeah, yeah, I saw Dyai news, but uh, kind of popped up pulled back below the 200 moving average floats.
a little higher at 20 million. Easy to borrow. I just wasn't sure it was going to keep going laxt from yesterday. So although this one ended up providing us with some great opportunities, it, uh, pulled back and they did a secondary offering, so that chart is pretty pretty broken.
Okay, M-e-t-x I'll look at it all right. So M-e-t-x It's a 15-cent stock. So um, you're right, it's up. It certainly is, but unfortunately it's below my, uh threshold, so I wouldn't trade it just simply due to the price.
We could check the float. Um, it's 300 million share float, 200 moving averages of 57 cents. This is just a really beaten up stock and maybe it does turn around. Maybe it does.
but I'm not going for swing trades. I'm not going to be the one that tries to jump on that Me: So, a hidden seller on a level two? the best way to identify it on the tape on the level two. And it would be sort of the luck of the draw that I could pull a stock up and and see it right here. Um, so let me just pull this up.
let's see. Okay, so I will give you an example. All right. So this is going to be from the classes. So a hidden seller at 10 29 and then it snaps all the way through to 11.. So let me show you what that looks like while we're waiting for something to pop up. Okay, so on this stock, this is Adgi. This is a live trading archive.
It's in the Warrior Pro classes so on this one it resumes at 10.29 and you're going to see Green going through on the tape. Oh, there's only 600 shares for sale or so it appears. Look at all the buying. There's buying going through.
It's not breaking 29. I just added 6 000 shares at 29. it's showing only 300 but it is not breaking. So that's when you realize that there's a hidden seller there it.
You know it just keeps not breaking that level. and this one's a pretty fast moving example. But it's just clearly there's a hidden seller because we're seeing green on the tape and it's not breaking that level. Now if it does eventually break that level and in this example, it will.
you get that quick snap. So you know depending on what my cost basis is, depending on my risk tolerance, depending on the volume, you know I may. I may keep holding. The challenge is that you you don't know when you know you're going to have the breakthrough.
You don't know if that seller's 150 000 shares or if it's just 20. so it might break faster or it might not break at all. It might not be able to break that level. So in this example, we're you know, back down under 10 and then it kind of rallies back up for a second attempt.
So I added there again. So here we come for and look at that. Look at that. just like that on this position, I'm up 9 316, right? We broke that important level.
So it that was when the hidden seller broke. So again that that's just. um so thank you for asking. There's your example.
It's uh, in the classes, but uh, you know there you go. The more the more you practice, the more you're trading. you know the easier it's going to be to start to recognize those levels. And you know it's also one of the reasons it's so helpful to be able to have someone like me or could be Whoever you want doesn't really matter, but someone who's got a lot of experience who's willing to articulate what they're seeing in real time on the same stock that you're wanting to trade.
You know I mean again, it's take it for what it's worth. I'm not always right, I'm wrong. You know my fair share of the time, but being able to recognize levels like that, you know that was a solid trade on that in that one example. So most of those types of examples are embedded within the class because it's inside that chapter.
I'm talking about tape reading hidden sellers and things like that. but I also you know whenever I'm trading, if I see a new example, I'll record it and if I or if I am recording then I'll add it to the classes. So sometimes you know is it safe to hold if there's a hidden seller? Sometimes it is, sometimes it's not. You know in that example I got in, I then reduced my share size and then I add it back and I think I reduced it one more time and then I added back a third time. It kind of kept coming up coming up and that was right on a resumption from a halt. So that was sort of the type of place where I was like man, if this thing breaks, it could be it could be big. So hmm. so we've got about 12.
Uh, it's 9 12. We've got about 15 minutes to opening Bow Gns from yesterday. Yeah, so this one made a really impressive move. No doubt about it.
The the challenge on it is that its price is a bit higher and it's already shown a willingness to have pretty large spreads at times. So your levels that you would probably watch would be. You know if it breaks through 2640 and then you'd look for a move over 32 and then you would look for a move back to 36.75 I just don't know. It might be too optimistic to think it's gonna do that.
1.1 million shares of volume right now. You can see it's curling up. We'll see how it holds Hpk yeah, bctx and in the bed when I do this in an emergency. Am I using limit order? Yes, I am using limit order, but I'll use an offset below the bid.
so if the bid is 6, I might have the offset at 590 by default. 10 cents, Maybe 15. I'd have to check to see what it is. Probably it's probably 10 or 15 cents because usually if I want to get out, I want to get out and so I just allow a little bit of slippage.
You know the problem is market makers can, um, you know, abuse that order a little bit and then you get an even worse spill. So I really don't like to have to do that. but you know, sometimes you do. Veru, it's below the 200 there on the 5.
I don't think that chart works very well for me right now. So yeah, my offset's 15 cents. and and one of the problems with that offset is on a really cheap stock like that's a dollar. Ten fifteen cents can be more than ten percent and I can end up having an issue with risk Check failed.
Uh, risk Check is your broke? Is my broker at least saying if your order's ten percent outside the current price, we're going to cancel your order. Try it again. And so all of a sudden my orders to sell are not filling because of that automated system. which can be very annoying because I want that 10 15 offset.
When I'm trading a 25 stock like Gns sure or something like Gamestop, you need to give a little slippage. but on a one dollar stock, all of a sudden your orders aren't going to go through. so it's it's quite annoying. Um, I'm not sure I haven't figured out a way to solve that problem, but I don't trade cheap stocks often enough that it's really an issue.
So the thing with Bctx is that it really has pulled back. uh, quite a bit. Um, but you know, the daily chart. You had that sell-off yesterday and then it ripped back up today.
So thank you. Uh, for folks tuning in for the morning show. especially those of you on Youtube. Appreciate you guys being tuned in. I hope you hit the thumbs up when you got tuned in if you didn't love for you to do that. Really does make a a huge difference for the channel. so I'm just sitting tight right now. The purple line that's the 200 moving average.
Got about 10 minutes to the opening bell here. I I you know it's It's really like rated change more than anything. If something's squeezing up, that's that's what I'm looking at. So yeah.
Total Volume. I mean it's it's a factor. but if something's moving quickly, especially if there's news or even just a really strong technical chart, I usually want to try to ride the momentum foreign so you can see Gns starting to open up a little bit there. but the spreads are bigger.
You've got the 2640 level so I don't know. Vero Nice. Bernice. Is that real money? Good work.
Yeah, see how I'll take a starter here on Gns? Um, I'm going to try to add for the squeeze up to 32. So here's the thing on this. Um, this thing's moving fast. so when it starts moving fast, I'll start adding so adding right here 29.46 and we're gonna look for a squeeze up to thirty two dollars.
This is one where I'm going to try to be positioning here on this volume spike for a trade through 32 and we might get a squeeze watch here for an add. We might get to squeeze up to 36 dollars at the open. Yep, see watch. This next ad is 32.
added right there for the break of 31. there's 32 taking a little profit into the squeeze, holding 900 shares. New order goes at 32. now watching over 32.
To add, my average is 28.85 This is one where I want to sell on the ask if I can with profit. Target orders new order is 32.. So we're coming into this resistance level here. I'm going to watch here so I'm back to flat.
I'm going to let it pull back and I'm going to try to buy a dip and then look for the retest of 32. So our high was 30. Our high was 32, which was this blue line I had already drawn from earlier, so that was the first target. Now I want to see it break through 32 and go to 36.75 So you know that's kind of part of trading is being patient, being patient, and then when something sets up, being willing to strike.
And I did chase it. my average was higher, but I was looking for that extension and back of my potential. If it broke 32, a move straight to 36, that was possible. That didn't happen, but that was possible.
So again, that's when you're calculating risk and reward on this. when your possible reward is six to seven points of upside, you know that's that's something you want to be watching. So now I'm going to let it pull back in this area. Reminder is always that trading is risky and my results are not typical.
I had it back at 29.85 Small size to start. I want to see if we break through 30 and 50 cents only going with small size on this so I can add off of 28 or add as it breaks through so I have to leave myself room to add on this type of stock either higher or lower. Nice Tony in at 28.19 out at 31.65 Good for you. So watching down here added at 29 12. looking for the curl through 30. so my average is 29.40 There's 30 on the ask nice trade there. about a dollar a share profit because it goes up through 30 and 50 cents. New order 32.
Uh, so this is actually on my continuation watch list. It's on the continuation watch list because yesterday was its ipo day and it made this big move. It's actually still. it's a it's full.
It's down three percent right now in the day versus yesterday's close because it closed at 30 50. But we're you know, more or less flat. We've got about three minutes to the opening bell added back at 28.75 you can see my fill right there. 28.75 I see Hpk? Um, I'm not sure what's what's the deal with Hpk.
Just energy now just moving up. Uh, I'm going to leave that one alone. For right now, stay focused on Gns. Profit at 30 47 on Gns.
Nice. Good job Good trades. Uh no. So Kathy, um, these are real trades and you can trade pre-market the market and that's why we see these charts.
The market actually opens at 4 a.m so you can trade pre-market if you if you'd like to. So those tuning in on Youtube appreciate you guys being tuned in this morning. As always, we've got about 90 seconds to the opening bell and I'm going to continue trading as we go into the Open for members over at Warrior Trading. Those you guys that want to keep learning keep watching videos on my channel.
I hope you're subscribed to the channel and if you'd like to take the leap and join us and become a member, we'd love to have you join. So reminders always that trading is risky and most beginner traders lose money. so I encourage you to take it slow and don't trade with money. You can't afford to lose practice in a simulator before you put real money on the line.
We've got about a minute to the open and I'll be watching high day momo scanners and we'll see what Gns wants to do with the open still back of my Target or Breakthrough 32 and move up to 36.
Looks really dangerous waters today lol. Gonna sit back and try and find a safe wave to ride.
KLDO 💸🤣
GNS on my simulator account just halted
God loves yall and Jesus Christ is returning soon and repent
how did you find GNS? it didnt pop up on any of my scanners until open bell