How to Find the Best Stocks to Day Trade | Deep Dive into my Favorite Trading Pattern
Вставка
- Опубліковано 19 чер 2024
- Chapters:
0:00 Intro
3:29 - Reviewing the Chart and Ingredients for Big Moves
5:38 - How I Found This Stock
7:00 - Chart Analysis
8:00 - Average Volume
9:15 - Supply Demand Imbalances
14:00 - Analyzing the Daily Chart
14:40 - Live Trade Review
15:55 - Short Squeeze
18:40 - Live Trade making $5k in 3 Seconds
21:15 - Live Trade losing $6k in 18 Seconds
23:30 - My Favorite Chart Pattern
26:00 - The First Big Milestone
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Warrior Trading // Ross Cameron // Day Trade Warrior - Розваги
To be willing and truly driven to help people, to repeatedly explain the basics in as many different situations in the markets, is really inspiring. Thank God for Ross and his team.
Perfectly said. I was thinking that this morning. To have continuing patience to help people through all levels of their learning, and to teach so consistently and clearly-is truly such a blessing. We are SO lucky!
Indeed, my friend.
Yes, friend!
Thank you Ross! You are treasure! Admire your skills. And I'm actually that unicum that managed to get loss on that rally... Unbelievable... At the beginning, around $6-8 I hesitated as well, but then FOMO got me, and I got in at 1st short squeeze at $17-18, horrible timing... And as soon as it started to sell off until $11, I panicked and sold. And that's it, all my BP was exhausted for that day, so couldn't trade any more and recoup...
I hear you…try to do better on the next one!
awesome video, Ross...thank you for sharing.
Ross! Thank you for the video! Traded SNLO and in green! Fantastic case study!
I F***ing LOVE YOU ROSS! You are Hands Down My Favorite Person to Watch and Learn From in the Day Trading Game... I don't GAF what the Haters SAY!
lol thank you
thanks for breaking it down Ross, i traded it on the simulator and it was a rollercoaster! Trying to improve my entries. Always appreciate you sharing your wisdom
Awesome video with very clear explanations. Thank you for all the information you put out!
You're welcome!
Thanks Ross! I studied your ABCD pattern video multiple times and saw one forming premarket. I bought 175 shares and sold them for a $369.00 dollar profit. I made $2.11 per share got in at 19.32 and out @ 21.43
Ticker $SLNO
Amazing great job!! Well done!
💥💫
Thanks for always taking the time
thank you sensei for posting this. i was watching your live feed in warrior trading today and I felt the pain you experienced when you had this loss on what was a crazy trading day for this stock. but i and i'm sure a ton of people appreciate your posting the sour with the sweet. that's reality and gives you so much more credibility. and nice video set up. love the multi cams and lighting. i may have to start calling you hollywood ross aka barringtonwood ross. ;-)
Thank you! I appreciate it!
thanks ross nice lighting behind
great teaching...thank you
Thank you! That was an amazing explanation. I'm very new to stocks, and this video is going to help me to understand the pattern!
Thank you!
Great videos. How long will the trial be available? I'm thinking about trying it out.
I am a new trader. I was an investor. But now I am getting into this fulltime. And TBH, I started with your videos. THANKS A LOT
Wow great video! It’s hard to do when you’re at work at 7am every morning 😢 I manage to catch some trades but it’s hard to watch for moves like this while at work 🥺
Great video.. great info!🤘🏼
The whole video is important but the ending is the most important part for me personally. I've traded multiple times in the past and blew up a few small accounts. Now, I'm starting with learning chart patters, candlestick analysis, price action, and a very very small amount of indicators (vwap, bb, support/resistance, trendlines and channels). I'm also, a few weeks in on trading in a simulator instead of using real money. Even after a little less than a month of doing this, I'm just starting to keep my emotions in check and not revenge trade, add to losers hoping to average down, "hedging", etc.
Thanks for all that you do in putting these videos together.
Thank you!
whats the sim you use?
I came searching for help understanding and dang man... Your explanation helps so much
Love to hear it Robert!
I knew you would post a recap on this stock when I saw how bananas this was. Thank you so much for your insight. Appreciate you.
Rossy is the best, He introduced Stock trading to many Thousands, including me!
🥰
100%
100%
@@jaimemorales7882 🥰🤗
100%
Great info! 🙏🏽
FEMY was great one, too. yesterday and today.
Anyway, I found you about 2 weeks ago. I've been watching your videos. I have to say you're one of the best traders out there. Thank you, I really appreciate you! 🙏
Thank you so much!!
Love this kind of deep analysis! thank you!
Thank you!
great video leant a lot
Nice job on the recap Ross. This was my best day yet! 🙌
Amazing! Congrats!! 💪
Thank you Ross 🙏 I greatly appreciate you sharing your knowledge. Love the new set up 👍 See ya at the open ✌️
Thanks James!
great video Ross! you are a Master , appreciate your teaching and sharing
I appreciate that!
You always seem to answer the questions I ask while watching.. this is so good.
Stock to watch.. ULCC
Ross is a great teacher, appreciate these videos!!
Thank you!!
Hi Ross Fantastic training once again, but can you explain what moving average you used for example on white board at 24:40 ? is it standard moving Average or exponential? As I am a beginner really to most of these indicators please can you explain what these do. Many thanks and I will go back and try to understand further. Cliff
Thanks Ross , you're the best
Great advice
Good video, Ross. Very interesting times in the SC room today. Hope this is a signal that we are getting into hotter markets.
its not
Ive learned so much from you , and you teach us all the details 🙏
Great Video Ross. Thank you for these tips. Are you stacking gold and silver with all the powder you have accumulated over all these years?
I don’t buy gold/silver
Traded that beautiful 5min bullflag at 9am.. ended up one of my biggest green days from it. Fomo kicked when I decided to not take more trades though. Its tough to stop when the market just seems to give more opportunities, but would have been upset at myself if i gave back profits. It's tricky sitting on the sidelines.
But you won't always be on the sidelines, get a front row seat. :)
Amazing work! Just remember how easy it is to give back profits, you walked away green!
Yes sir, thank you.@@DaytradeWarrior
Thanks!
Great content
thanks for this one bc i watched this stock run up and didnt take a trade im just not there yet but this was a push in the rite direction last month i watched a stock run up from like $8 that chinese car stock where the owner maid 1.6B over night and the nest day it was back down to nothing. anyways my 40 shares didnt get filled and buy the time i noticed there was no good entry point and not being able to find on is my issue i catch runners like this 2/3 times a week. my execution is the issue so thanks for the help. i watched this 5x just now and yes i go back and replay them when T or S allowes it a few days latter
Ross, do you load your scanner with your whiteboard search criteria?
Hi Ross, when you said the price must be from 2 to 20 usd, is it after the gap up?
just like a stock normal price is 0.4 usd , and after gap up is 2 usd ? Or the original price for the stock before gap up must be between 2 to 20 usd?
what are all these programs/websites you have setup? im brand new to this stuff and have been struggling to find a setup, or digital workspace to work off
POWERFUL UA-cam Clip! Ross Thanks & Appreciation for ALL you do. I got some of that SLNO action Yesterday & it Looks Like SLNO will Run again Today, we'll SEE in PreMarket & maybe get MORE action on SLNO again today. Looking forward to Taking your Classes in 2024
Cheers!
Always giving great value
You know it!
I m in love with you Ross, and i mean tradingwise. Thank you!
Thanks Ross! you da man!
New pro member here. Want to say I am learning so much from classes, live sessions, and pro mentoring sessions. Thank you.
Exactly, my friend.
One inquiry: Do you know of any reliable AI for trading purposes?
Bro help me . I don't have capital to purchase the pro membership can your share some videos or pdf with me?
What scanner do you recommend?
Ross!! Please share where i can find pre market news like that it was 7:30 Reuters announced positive news on SLNO and exact same time it exploded…how to find pre market news and that specific stocks that early? usually i have screener and couple links for biggest gapers but those refreshing just 9:00am. where i can catch those kind of news and jump in early?
There is no way to catch it before the news comes out, but right as it starts moving it will begin hitting my high of day momentum scanners in real time.
Congrats on 1 million subs!
thank you!
Dude your a legend 💪 I’ve been watching your content like I’m hooked on crack LOL 😂 for 3 weeks straight I’m really really trying to implement your strategy ( and I 💯 agree with less is more ) that’s where I’m struggling right now 🤷♂️ easier said than done! I salute 🫡 you for just how disciplined you are 💪 not to mention your a awesome humble guy and a amazing teacher ! God bless
I love it thank you!’
Ross I love your content and also your variety of colored shirts you have :D I was thinking about getting into your academy, but I am still a beginner and living in Europe. I would like to practice first and then learn more about it, but I am having a problem in practicing, because the tools you are using and I guess also the Broker is not avalable in Europe. Do you have any suggestions for a Real-Time Demo-Broker/Paper Trading Broker that is avalable in Europe so I can get started with practicing? It is so frustrating going on TradingView and trying to trade with 15min delay. Is there any monitoring or screener you would also advice to get started with this all? Because I guess beginners will not have your Momentum Alert Scanner, also in TradingView I dont even know what to enter in the screener filter, I am getting so diferent results from your scanner. When I enter the same filter option in finviz I get too complete diferent stocks. Please help Senpai
Awesome video, thanks Ross. I was on your trial and watching this happen live today. Incredible strategy of which I need to practice loads. I learned so much from this.
Great video!
What is the name of the scanners you use?
The scanners I use are part of our custom software a Warrior Trading.
Hello ross can you talk more about fasle breakout and how to bailed out quickly. Do you sell at the bid or sell at the ask?
Ross did a great video on this topic here: ua-cam.com/video/nH-z-089CgM/v-deo.html
Not to be dramatic but it’s really good to see you. Really is a bummer not starting my day off without your 30 minute UA-cam program. I get it, the reason but holding out hope you bring it back in the Spring. Meanwhile I’m beyond Thankful for the content you continue to bring to us. As for this trade.. I’m guilty of tunnel vision this morning where I was so fixated on a cheaper stock that although I did finish green I’m kicking myself (not literally) over allowing that to happen. I did see it but not until it hit $21.. So Congrats to you and all others for hopefully go green on this beauty.
I joined Warrior Pro, it's worth more than the car I just bought, by far!!!
And I love the salvaged car...but the whole point of a car is to bring home some money, right? Well my income potential... with some studying, Warrior Pro scanners, and a small or teeny weeny account... is better than years at the same old job no matter what! 99.99% of all paper trades are loosing trades... but I get to see my new peers get great results in chat with real money. I get to compare my trading with Ross's! This is way better than Roger Scott's VIP room, which isn't bad on most days.
Thank you!
I understand 😢
Great Video, and right before BNOX on 9/28 :)
Yes!
Another great lesson. Cheer's Ross
👍
The one coming tonight may be even better!
Is there any chance that you can go more in-depth on pre-screening stocks? or do you already have a video on that?
You can check out this video on Ross scanning here: ua-cam.com/video/yg5E_mqGFGg/v-deo.html&ab_channel=WarriorTrading
Dear Ross, Thank you for what you give to us beginner traders free of charge. So many "teachers" are actually hooking their "platform". I'm sure your platform is great, but for those starting out, we need to find some success before we can justify that kind of expense. Your honest and practical guidance is helping beginners like me get there. I have one of your quotes posted on my monitor "Focus on Base Hits!". Your level II guidance has also been huge for me. Thanks again!
Yes, that's accurate.
Here's a question: Can you point me to a good AI for trading?
The leading AI trading tool is recognized as
aicollegema
I came across it on
Soleno Therapeutics was a big favorite on stocktwits in 2020.
I remember that!
What scanner do you recommend? Can I set one up on Trading View or TOS?
Ross uses Lightspeed for his broker. He also uses Day Trade Dash scanners and charts, which are available to all of our members. You can learn more about them below:
Lightspeed: www.warriortrading.com/lightspeed-trading-review/
Day Trade Dash Charts: www.warriortrading.com/charts/
Day Trade Dash Scanners: www.warriortrading.com/scanners/
How do you calculate the % of a stock when it goes up? What the mathematical procedures ? Thank you Ross you have a excellent trading strategies
I guess there are different ways you could come to the number, but it's the amount of dollars per share the stock went up today minus yday close price. So if the stock was $2 yday and hit $10 today, $8/share / $2 = 4 *100 = 400% percent.
This was a welcome, with the market being the way it has been. But I couldn’t be on at this time, and it didn’t break before I had to turn off, I automated it, but stopped out around the $7-$9 dollar range I think I haven’t had time to journal yet, I stoped out of all my trades yesterday 😂 😂. Again today I don’t have the time l, but I’m not automating today. 😂
smart!
Love making that ez money.....Thanks Ross
Idk that it’s easy, but this was a nice move!
Ross can you describe Thick Trading besides my understanding ..the Spread
When the bid and ask are stacked with orders and have a 1 cent spread. $SIRI is a good example
What stock screener did y’all use?
Ross uses Lightspeed for his broker. He also uses Day Trade Dash scanners and charts, which are available to all of our members. You can learn more about them below:
Lightspeed: www.warriortrading.com/lightspeed-trading-review/
Day Trade Dash Charts: www.warriortrading.com/charts/
Day Trade Dash Scanners: www.warriortrading.com/scanners/
What do you pay more attention to the bid or the ask
Ask price!
Whats a good trading plat form to use? Think or swim? Thanks!
Thinkorswim is good, and is commission free
can you trade gold with that?@@DaytradeWarrior
@@DaytradeWarrior thanks man
You did a great break down on this stock Ross. I'm praying I can get back in the winning mode because I almost blew up my account. Thank you for the calm in the stock market storm. ❤
Is the scanner provided be light speed?
Scanner is by Warrior Trading
Where can we find the same scanner that you use ?
You can learn more here: www.warriortrading.com/scanners/
I traded SLNO!!! this is simply amazing))) wow!!! I bought another for $6.27
Amazing!
Ross... at 25:00 I would assume you are talking about the 9 EMA?
Yes 9ema!
I couldn't sleep because of this one yesterday. this one run without me because it didn't get to the markets on TIME !!!!!
We appreciate highly Ross
Thank you!
Hello Ross. I have a question that I find no answers.
After a morning hitting a base hit. What do I do to for the remaining of the day to improve my trading without giving back profits.
Please let me know
Thank you
I would switch to trading in the SIM for the rest of hte day
@@DaytradeWarrior Thank you
Quick Question: "$PIXY has a float of 3.5 million. Most recent two 5 minute candles have volume of 4.2 million shares traded, but the stock price only moves $0.07, why don't we see better price action?"
This is because it's too cheap, these lower priced stocks become extremely thickly traded. It really needs to be in the 2-20 range to trade better.
Where do you find these scanners
You can check our the Day Trade Dash Scanners: www.warriortrading.com/scanners/
Ross are they any days that you decide not to trade anything because no good trade pop up for the day?
Yes! Today was a no trade day for me in fact!
@@DaytradeWarrior oh wow! Good to know! Thanks for answering!
What scanner do you use?
You can learn more here: www.warriortrading.com/scanners/
How bout u tell us how u set up ur scanner
You not mention about leverage is that cfd contract
This is not CFD, I’m trading the actual stock
So you actually just buying a stock with high speed transaction
How do we find these stocks before they even climb up. I’m always too late
Ross uses scanners to find the stocks he trades! You can check them out here: www.daytradedash.ai/
Thank you so much. I been looking for this type of tool
Saw this on finviz but not as early as you
Ross uses scanners to find these trades early on! You can learn more here: www.daytradedash.ai/
44.27 now
That’s why buffet says keep your pants on have a beer come back and hold some more
When I saw the title I thought the stock was going to be $FEMY which also moved close to 400% on the 26th of Sep.
Now the question is will FEMY and SLNO reach new highs on Wednesday?
I’ll be watching!
Man I'm ALWAYS choosing the wrong stock! I saw this stock moving when it was 5.63. I saw the news and did NOT think it would move that much because the market for their drug is small. I had my eye on FEMY because their news was BIG and affected women all over the world so I stuck with FEMY. FEMY went up but way less than SLNO! 🤔
It's not about trading what matters to you. As day traders, we don't trade our favorites. Like Ross says in class, just trade what is obvious! I used to go totally ocd choosing three morning magic stocks on paper trade before open every day... But then one day it sunk into my very thick skull... With warrior chat it is just clearly obvious what to trade, every morning. Its even obvious when it's time to sit on our hands. ;)
I hear ya
the volume is what threw me off tooo😩 wish i woulda stayed on it 😅
I hear ya
CNXA now
Ross can you show P/L in your actual broker account?
It's on his website
@@76biggdogg yes I saw thank you
All I can do is laugh. I got in at $7 and out at 7.48. Trying to work full time (I clock in at 6am) and trade from a phone sucks. But I stay positive because i'm pretty much a break even trader from my phone, in a shitty market; that has to be a victory in itself!
Green is good!!
You're doing these trades by your eyes, manually?!
Heck, when I'm fast it takes me 30 seconds to enter a trade on Fidelity.
I’m using hot keys
@@DaytradeWarrior Does it matter where you have your account, or is speed of execution dependent on using a particular trading software?
BNOX
After reading the title, i thought short it
Circle is just spinning for me on the video.. the matrix doesn’t want me to have the knowledge 😮
Refresh!
@@DaytradeWarrior It’s weird. It just shows the ad then when I click skip, it just shuts down my whole UA-cam app.. only doing it on this video.. never seen this before
"Where can you find real-time news? Can you give me some free and some paid websites? The best ones, please."
I was watching it as well but I didn't buy in. It is safe to say that's the one that got away. I used to say that about women, I never thought I would say it about a stock. lol...
There will be another one around the corner!
@@DaytradeWarrior It's funny that you were talking about the people who may have got caught in a short squeeze. I was ready to go short around that time and it would have been driven purely by emotions because I wasn't seeing anything to support the move, so I held off and I'm glad I did. It was tough watching from the sidelines but it was the right thing to do.