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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/
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Warrior Trading // Ross Cameron // Day Trade Warrior
So all right doing a little uh power hour here, seeing what we've got to work with. I just wanted to sit down. I saw that isig was holding up relatively well at 100 percent and you just got a nice pop there. One of the levels i was watching was 2223 and then you've got 22.83.
Then you've got 24 85. However, i had mentioned a little concern about the topping tails on this one, so not sure whether it's gon na really give me that big breakout, but worth watching with about uh 45, well a little a little over 45 minutes to the bell psi. Nice curling on this sort of that wave coming back up here, pivot on this one up here at 11, 10. 95.
11. Then the high is 12. that mat lines up pretty nicely matches to the daily resistance. Around 12 high was 12 44..
So maybe something to keep an eye on there kind of just looking you know the thing with this time of day is um. Don't want to take a lot of risk. Don't want to give back the nice gains from this morning, so really have to be like a sharpshooter in the afternoon very precise, very dialed in don't want to get in over trading. You can start really churning shares burning commissions, so not trading just for the heck of trading.
Just looking to see if there's something good, so ppsi is a maybe isig that was a nice rally. Uh right there below v, wap sort of a little sub v wap trap in a way back above it, but the high was 22.55 and now it's pulled back a little bit back to this kind of level here, so we might have uh some more opportunities, but I'd like to see it over 2283 23 and then that's when i would start thinking about 23.91 a shot at the highs bkkt another one. Given a little momentum in the afternoon, yup high is 17.72, so we've got a little action here, a little spread across different stocks, usually for me to want to trade in the afternoon. I want to have one that i'm really dialed in on, because it's really really strong, so you have a couple that are strong, but then that dilutes the momentum a little bit versus when you just have one super obvious one right.
If every trader out there was just watching bkkt, you would expect more predictable, follow-through, better patterns on it. When you have traders dispersed across six or seven different momentum stocks, none of them individually will have as much uh volume as as, if it were just one. So you know, relative volume is important, looking at the scans leading gap or leading gainer in the entire us market. Today, isig, that's the one that i've made the most on efoi up: 64 bkkt up 35 ppsi up 33 idra azyo top relative volume leaders looks like we've got a couple that are uh lighter on volume: cing, ef refi.
I am i impp efoi lex. Now isig wouldn't be on the relative volume leaders because uh the volume spike it had two days ago on monday, that brings the average volume higher. So the relative volume today comparatively is not, as high saw someone mention, ispc yup back to bkkt, no news that i see on it. Sometimes, when i come back for afternoon trading, i wonder if there's been a news headline in the afternoon late morning early afternoon, whatever doesn't seem to be one: bkkt is moving a little higher, but no news from 16 to 18. That's two dollars a share. Is there? Oh um, i wish that was uh showing up on my news feed. Let's see, huh interesting, thank you and vik hitting a scan. It's always tricky when you see one like that, that is 10 cents away from a halt level and doesn't have news.
You certainly could recognize it's a blue sky set up above 1049 and has room above 8.25, but light volume at the moment. Big spreads on pike yep so and then you get that candle flush back down. So a little bit of a bear trap and a little bit of a bull trap, yeah good job, keep that profit in your pocket. That's very good isig.
This is the one that i was trading pre-market and going into the open and boy we got a nice move on it didn't make as much as i could have but got green. I wanted to come back specifically to see if this one was going to give a power hour squeeze when i saw it in this area. I thought maybe maybe we get some fireworks going into after hours on this uh, but right now it's dropping back down. So this was really the one i was wanting to keep an eye on ppsi above 11, 4 million share flow.
There's absolutely a lot to be said for one trade a day get green and get the heck out. A lot of traders fall into the habit of over trading. I do too at times try to capitalize on the opportunities that are in front of us, knowing that they are somewhat uh limited, and you know right now we have a stock that is volatile. That's an opportunity i want to try to capitalize on it, but you have to walk that line between capitalizing on momentum and falling victim to fomo and then over trading.
So i kind of said that i don't want to walk away with anything less than 50 today. So that means i only have a thousand dollars of risk. That means i could take 2 000 shares with a 50 cent. Stop if i'm up 50 cents.
I can add another 2 000 shares and set my stop at breakeven. If i'm then up 75 cents. I could add another 2 000 shares or 4 000 and keep moving my stop up to break even, but for my initial trade, i've got to be pretty careful. Ppsi does have a seller there at 11., so this one i wouldn't be able to take 10 000 shares of but and tried to take that trade and didn't fill.
I don't know why order was at 12 1101. Let me log out of my platform and log back in. I lost my internet connection a little bit ago. It might not be fully connected, let's see in any case, not that exciting of a trade only hit ten fort eleven fourteen isig now pulling back a bit too much.
No real bounce at the v-app. Don't know why my volume weight average prices were so different there. Better now so with the one that i was really focusing on pulling back ppsi, it's a nice daily if it can break over 12, but this chart's a little funny for an entry right there bkt. So attention will probably shift away from isig as it's pulling back. Maybe that means there'll be more focus on something else. Ppsi nice so went up to there. 11 29. hi.
This candle is 11 29, but it's extended on the one minute and the five you've got two four six green candles in a row right now: yeah nice down dwac, coming back up into this range where it had some consolidation previously, so all right. Well, it's coming up to 3 30 here and the ones that i was kind of interested in isig. It's fading ppsi. I think i'll leave it alone.
Uh. I wanted to just do a little check in for power hour, but we'll take the profit that i got today be grateful for that and try again tomorrow. Those are going to hang around. Ppsi is probably the best looking one right now.
Bkkt is interesting, but i'm going to be grateful to be green yeah. I see a little bit more in ppsi in terms of potential, but it's extended here and i don't really want to wait and i don't want to trade after hours, particularly i i was thinking. Maybe i was really specifically thinking: isig might give us an opportunity, so that's the one i have a cushion on. That's the one.
I've had a pretty good read on. So, if i'm not gon na get that, then i don't think i'll get distracted with something else. So anyways, that's it for me. I hope you guys have a great rest of the day be back at it first thing tomorrow morning you.
Awesome stuff Ross
Hey thanks for the power hour video. Always good to know what you think.
What is the program that you use
teacher
The best trader RC
ENSC and AVCT both ended up running today. Not alot but hey, up is up! Im long on both of them. AVCT was really heating up in the after hours. Im looking forward to what tomorrows premarket brings to both of them.
Love to the Warrior Family!!
Thanks Ross
I didn't even know these were hot stocks today but ISIG. lol
Very glad to communicate with you through Youtube
Hi from pa Ross! I really enjoy all your live streams.
Thanks i love this Power hour. Afternoon recap. do more like this.
1 million subscribers by the end of this month or new years Ross deserves more love you!
Hello WT fam! Always love a great power hour with Ross!