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Warrior Trading // Ross Cameron // Day Trade Warrior

Russ When you get into a trade, what are you focusing on I focus on two things I focus on the level two and I focus on the time and sales because I am a tape reader. Here's the problem with focusing just on charts. By the time you see something on a chart, it has already happened, it's already over. Charts are historical, price action, even a one minute chart.

So I think of it like this when I'm driving a car. I Don't stare in the rear view mirror I look at the road ahead and that's the level two in the time in sales that shows me the orders currently lined up and that gives me a good indication of where this stock is going. But I check my mirrors because I want to be able to have context of what has just happened and what other people are going to think of it. So if we see a big topping tail, a shooting star, I recognize visually, that's going to be considered a reversal indicator, but it'll be on the level two and the tape that I actually see the reversal starting to happen and that's where I execute my traits.


By Stock Chat

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4 thoughts on “Two things i focus on during a trade short”
  1. Avataaar/Circle Created with python_avatars LetItGo says:

    good explanation with good example

  2. Avataaar/Circle Created with python_avatars Kingsley Nnona says:

    How do you see level 2 before it shows on the chart?

  3. Avataaar/Circle Created with python_avatars June Taylor says:

    Ross how do I buy stocks during pre-market?

  4. Avataaar/Circle Created with python_avatars Sjokoladeguden Eventyr says:

    This was really good. Liked the analogy as well 10/10 ❤

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