How to Day Trade BREAKING NEWS with a Scalping Strategy (Step-by-Step Guide)
ฝัง
- เผยแพร่เมื่อ 24 ก.ย. 2024
- Download my Micro Pullback Strategy PDF 🔎 warrior.app/mi...
We now offer a 2 Week Trial for $19. Give it a try and see for yourself what it's like! 🍏 www.warriortra...
Want to Learn More ❓❓ Get info on My Strategy and Courses here: www.warriortra...
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 www.warriortra...
🍏 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 - www.warriortra... - 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: www.warriortra...
And check out my broker statements here 📝 www.warriortra...
Our website is filled with free info 🔎 Start with this guide, no opt-in required: www.warriortra...
Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class 💻 Register here: www.warriortra...
Wondering what I think the All Star Day Traders out there have in common? 🏆 Read this blog I wrote www.warriortra...
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
Download my Micro Pullback Strategy PDF 🔎 warrior.app/micropullback-pdf-10ss
We now offer a 2 Week Trial for $19. Give it a try and see for yourself what it's like! 🍏 www.warriortrading.com/pro-preview-trial/
dumped to $13
Love it, it pushed me to become a member and I'm very thankful I did!
Do you mind me asking how much capital you used today to produce this amount of profit? I hope you answer me 😊
Thank you!
Thank you! ❤
I just took two weeks off because I almost blew up my account. I am back to the basics and starting with a small size. I had a green day today. I am feeling good following the rules.
I think I'm blessed if not I wouldn't have met someone who is as spectacular as expert Faith Reece
She has great skills and knowledge about the market.
Faith Reece goes deeper than just looking at the surface-level trends. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective of the market..
It's great to see others who also benefits from the service of Faith Reece
So you guys know her too?...
Wow she made my husband and I have our own house and car.
She is good! 👌
Today I followed my rules and was disciplined and walked away with $45 on PSIG. Bouncing back from a rough week of taking a lot of lessons costing me $542... 😮💨 Every time I adjust and stay disciplined I go green, so it's just my own stupidity. Holding too long and hoping things will jump back up again is usually what breaks the bank.
@kenwestgaard
That's how's I was on my first month and a half. Now I'm 3 months in still recovering from my first drawdown. You got this bro. Just stay solid 💯 💪
@kenwestgaard I drew down nearly $600 over my first 2 months. Now 6 months in I'm finally in the green. In 6 months I've made $116 but coming back from the initial draw down took me on a difficult journey of learning discipline and risk management. That said, in just the last month I have made $677 and 18% on my account. Keep showing up every day and practicing your discipline and technical analysis and it will accumulate into the practical skill you need to succeed.
@@stephenamway4112 thanks! This is my first month trading stocks, so definitely a learning curve.
@@nblebaron appreciate the encouragement! Still in my first month of trading stocks, so I accept that I lose some in the beginning.
get a real job
Damn, lowkey that story of you starting trading hit home man. Big props for becoming so successful after all that.
Big day here too - just over $4400! Caught the GNLN news for just over $3k in pre, and then PSIG after the open after that base and break, then PB to 9EMA around $1.70 w/the entry on the break of previous high at $1.76. Got a pretty great sell fill right after the halt resumed at $2.47 for a little over $1400. Another awesome start to the week!
I ran out of monet in my cash account, im so upset I missed that move 😂
Same caught PSIG for small gain in Pre and GNLN before and after open
@carmike7671
After the open GNLN was kind of dead. Definitely the backside of the move, still pretty remarkable 👌
@@carmike7671
I made my money on TRNR
where did you get the news? I saw that stock on Finviz and followed the stock it really banged up.
2300$ on psig today.. plus a couple of other small profits! Another great day 🎉🎉
I saw those 8 one minute candles on hot news and said to my wife, "Ross cleared 20 to 30K, I bet. Nailed it Ross! Great job. I had 70% accuracy for my 70 trades in TRNR flat, PSIG flat. And nailed GNLN with max duration less than 30 seconds. No rules broke. Leaned into it Ross style
70 trades 🤣👌
Another thing you can do if you don't have a 10 second chart: use a tick chart. It will form a new candle after a set number of trades. For super fast moving stocks you can set it for 1k ticks. That means that for every 1k trades, a new candle forms. That amounts to about 10 seconds on something that is trading like crazy. For something slower you can set it to 500 ticks, 100, etc. The drawback is having to tweak it for each stock you trade if they are moving at varying speeds.
id like to learn that.
Thanks Ross, My first day of the trial worked out real well. Four trades in GNLN, WHLR & SXTP ranging from 10c to 90c a share all green within a 2 hr time frame ending at 11:04AM.
Besides the great technical knowledge you provide I also practiced walking away when I felt it was necessarily and stayed calm cool and collected.
How does this trading stuff work? I'm really interested but I just don't know how it go about it. I heard people really make it huge trading.
Get yourself someone like Stacey Macken who understands the market very well and is also a professional in placing trades. That's the key
Wow! Kind of in shock you mentioned expert, Stacey Macken. What a coincidence!!
Stacey's understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her signals are top notch .
I made a lot from last week, a vision of the effective signals alone assured me of the turnovers. all thanks to Stacey Macken .
Stacey gave me the autonomy I need to learn at my own pace and ask questions when I need to She's so accommodating.
Got red with PSIG and then scalped my way back to green with GNLN even though I did not know that was what I was doing. Haha! I walked away with $50 green after being RED over $400.
Impressive
As GNLN was moving I said to myself "Oh Ross is loving this!" lol. Great trades Ross!
How to do find this stock moving?
@@willywonka077 stock scanners. They rate stocks in order of percent climb. I spotted it when it was about 6 or 7 down from the top, and put it on my trading screen. I watched it briefly to see if it had legs, then jumped in.
@@willywonka077 scanners
Was able to catch GNLN at 7:32am CT and out at 7:50am CT scalping along the way up! Thank you Ross and Warrior Trading, life changing!
Was GNLN shown on the screener using the 5x relative volume, 10% gain, 20m float, etc. ? Or some other filters ?
@@da17fa10I don't think the float ever got to 20m
That was fun…and profitable!
Ross, It ended up going up to 21.50 later in the afternoon. I learned a valuable lesson not to buy with Market instead of Limit. I lost a bunch but ended up braking even today with the same Stock. Thanks for everything Ross, you the man.
Wow never heard that side of your story before, your dad would be proud of what you made out of the blessing he left you. Thanks for all the information you share for free.
Even my Dad would be soo proud of him!
Glad you enjoyed it!
Swing trading would work for stocks that are trending up and are good stocks. The stocks we trade are very volatile, the same 10% gain can come the same day or in 1 week. In that sense, swing trading works for stocks that are on uptrend, but slowly, so less risky in that case because they move slow and one has time to sell if they start slow down movement.
Man, I was watching this go up throughout the day - I had money to put into but was too afraid to make a move - I hope with time I learn enough to execute on opportunities like these.
Thank you for the really in depth recap!
"He tells a story so vividly, it feels like I'm experiencing it in real time." THX CAM U THE BEST
Thanks Ross for the reading list and your commitment to teach.
You are very welcome!!
I see this is before the late GNLN run. I got in just over the $9.50 mark and out at $14.03. Made my day
From $37K to $65K that's the minimum range of profit return every 27days. Your commitment to delivering news and market insights without unnecessary complexity is commendable👏
How please?
Lia Paulina et Evelyn strategy has been instrumental in helping me navigate the past few months from here in Canada🇨🇦. Without it, I don't think I would have made it through.
Spot-on, I would always rate her guidance as one of the best ever used 100% accurate.
I Just withdrew my profits week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills. Though I started with as low as $2500 actually because it was my first time and it was successful
The very first time i tried from here in US, i invested $4000 and after a week, i received $16500. That really helps me a lot to pay up bills
I like that pineapple shirt Ross
Thanks Ross! All of your videos have helped me in my Journey! I have been watching you since 2018.
enable replies please
Need more tape reading, level 2 analytics videos please
Woke up saw GNLN on my TOS scanner and literally watching it in awe as it is pulling away from 2nd green candles. Never traded in premarket due to no stop loss order. I watched your video and you kept mentioned your stop loss. Can you clarify that. Thanks Ross. Watching your videos every
From everything Ross says, he mostly uses mental stops. Meaning he will keep track of the price using level 2 and will jump in and out depending on that.
@@CaptainWeirdBeard69 Thanks for the reply. I am a beginner and have been using stop loss order during market hours to protect my loss. Sometimes I used mental stop and boy did I get smoked most of the time.
I am so happy I found your page! I do well in a classroom setting and your method of teaching is definitely easy to follow. I look forward to learning more from your videos and practicing the basics. When I do reach my beginner percentage winning goal and dollar earned goal, I'm gonna use the money to take your Warrior Trader Classes...all of them! Thank you for your content!
I got $.15 share on the first pull back. Missed the first squeeze up. I knew you would rock it Ross.
Thanks for the books. Reading through Quit right now.
Hope you enjoy it!
Everyday I’m more and more excited about trading your strategy.
When you say that short selling is too risky, remember that GNLN flush from 20 to 13 in a minute😁
@@vladyslavs2326 would you have bought in when it was 16? No way I was going to.
I was in red with PSIG, busy covering that and some plus with TRNR while waiting other part of my stocks to get sold around 8:13. As soon as I am done, seen the news. Made a good green day with GNLNBTW are you watching the action after closing bell?478.96% at $14.31 happened.
Not sure if ToS 10 seconds chart but I will check that tomorrow. Thanking for the full class Ross, I can't appreciate you enough, amazing teacher!
13 consecutive green candles and I caught the last couple of them. Had some 10% gain once, sold the second trade with minimal loss, the third with some 9% gain. Small amounts as my account thinned a lot from all losses and I decided not to fund it anymore. How anyone would guess that it would jump twice later in the day😮. My loss could turn twice gain if I kept, but unfortunately wouldn’t know. I see that a lot of stocks jumped after 12 pm pacific, 3 pm eastern time.
ROSS YOU ARE MISSING IT MAN!!! SHE IS SQUEEZING AS I TYPE THIS !!!! I CAUGHT A VWAP DEFEND AROUND 850 ish AND SHE WENT NUTS AFTER THAT!!!! SORRY FOR CAP SPAM BUT I AM VERY EXCITED THAT I ACTUALLY READ THE PRICE ACTION CORRECTLY!!! THEY HALTED IT AND AFTER I GOT OUT AT over 15!!!!!!!
Gnln got up to 21.50 and dumped the last ten min to 10.75
That was an amazing blow off during power hour. I didn’t touch it, it jackknifed ridiculously. I think we’ve squeezed the juice out of that one😅
GNLN 20.07 High of day around 3:50 pm est.
Hello sir, watching you live trading every morning helps me understand how and when to enter and leave trades. I have noticed that there was no live trading today. I am currently subscribed to your Warrior Trading site. Since today seemed like it was a very active day, would it be possible for me to receive a recording from today's trade?
Thank you very much for sharing all of this knowledge!
I logged on to his chat at 7am EST, and he was trading live. I watched him trade live until market open, and after that while I tried to focus on my Apex exam demo. ❤ Early birds get lots of worms around here! 🪱🐦 If you are a subscriber, you will see that he makes a recap and puts it on youtube about every day! No need to miss a single trade he makes! 🎉
158.75$ green on GNLN today. Was extra sad to miss the 8$-16$ jump up but you can't watch the charts constantly with a full time 9-5. Either way, still a green day.
WAIT TILL ROSS FINDS OUT GNLN JUST RIPPED UP TO 16 lol
@@h1media579 over 21 !
No, on up to 21.50
@@flparrotz1then back down to 11.50 at close lol
@@flparrotz1 huh?
@@infinitelyllc it hit a high of $21.50 a share not long before the market closed.
I'm happy for your success and I know you say that your results are typical, but it breaks my heart for me because I have so many red days. I try to make 3-500 a day compared to the salaries you make a month... keep trying to not give up, practice, create rules, and they end up not working ... it's heart breaking for me but I'm happy for you. You make it seem so simple.
Ross, long time follower here. Regarding today’s lesson, when doing premarket trades can we do stop losses? Webull doesn’t allow it for me.
I just mental stops
Thanks Ross, you the man.
🥰
Made a pretty penny on PSIG and shorting MGOL
Thank you for your work! I can't understand how GNLN hits your scanners with capitalization less than 1 M
Big gain for you today! Good job. I'm fuzzy on your strategy thou. On minute 47.15 of the video you say you tried scaling up every 0.10 and would move your stop loss up each time, but on a 10s time frame, when do you have time to update the SL to include the new amount of shares you just bought? Just moving the SL up would contain only those shares in the SL prior to your new 0.10 scalps, and would leave you vulnerable to a flush. Thanks for all the great lessons!😀
He uses mental stop losses. ❤
What is the best way to catch a stock that explodes like this from the start specifically
Wow..... I'm watching this class and looking at the GNLN price $15.30 up more than 511%
Very interesting that PSIG is your red stock. That one was bananas. I guess depends on your risk tolerance.
I had my first Green Day on that stock
Hey Ross, surely you're scalping every day even on the 1min chart? If your only in the trade for a matter of seconds as you seem to be...
Still trading like a donkey in the sim, but technically up $2151.40 in there today. So I'm officially green for August in there now, but can't take any pride in it. Each green day has had a trade (or trades like today) that had risk exposure faaaaaaar outweighing the profit potential. Things have been curling my way, but that's not sustainable long term. So I'm setting max share size and max loss for the sim to make sure I don't get carried away, and accidentally build bad habits.
Its not going to be easy; but you have what it takes! Sense enough to show some success in the sim... before going wild loosing money every day...like it's your job. 🍀 I only wonder: do you have the dedication, and the ability to follow two rules? #1 Don't loose money. #2 Don't forget #1! ❤
I was down from PSIG when market opened but I’m up $7 after it broke $2 😎
the key around ross neck is the key to a vault of gold......
PDT rule basically kills this for small accounts... looking forward to being over PDT to be able to take a lot more trades.
@@nblebaron
Start that cash account
Thank you so much for your videos!! This video was awesome!! 😀❤
Thanks for the great information and sharing your experience
I think cash account is not affected by PDT rule, right?
That's right- but you have to wait for settlement times. Here's a good resource: www.warriortrading.com/margin-account-vs-cash-account/
You're the reason I'm gonna give trading another shot...still got some stuff to do before I trade a dollar thou lol
This is such a wonderful tutorial and CONGRATULATIONS on smacking a home run on GNLN!! :) What is it about hitting rock bottom, where the most crucial lessons finally sink in.
Pity the billionaires who are never forced to question the validity of their own thoughts. 😁
Hi ross, when you buy this much share of GNLN, didn't you triggered the rule 144? (selling more then 1% of share outstanding)
Yeah, I got hit by that with IB, was hoping Ross would mention how he avoids that
@@timwalker7280 I got triggered on paper trading acc, but i think ib will trigger with live acc anyway, the outstanding share for GNLN is about 500k, so 6000 share will trigger the rule 144
Thank you for sharing your start in trading, impressive.
Congrats to you all you winners, I didn't get this stock in my screener! how do you have it setup so that it appears before the action is over! thanks.
First comment. Thank you for your videos. They really help me to be a better Day Trader.
Made 3k in the sim. Looking forward to these runs
when I go live
And then there’s me who tries tossing down a $14 buy as GNLN pumped over $21, NEVER thought it would get filled but - if it did - figured it would flash right back up, then watched as I 5x’d my daily loss as it spiked down to $10 and did not bounce at all. Well, gamblers deserve to lose I guess
Dude GNLN is going insane!!! Almost 500%!!!
I couldn't stop coming back to it.
@robhewitt1325 this thing is ripping what the heck....$17.40 @ 3:15pm
@@robhewitt1325 dude..... 21.50..... I'm totally new to all this jumped in last week on paper trade but this is insane
Bruh GNLN just went insane but I don’t have any settled cash 😢
Small gain 17 on mgol..missed gnln both times
QUESTION: you said you put $100k in money market and you lost $$, please explain, how is that possible?
He does explain, in an older video.
@@infinitelyllc can you tell me in a few words? what happen
Woohoo brother! 🥳🙌💰💰💰
Currently listening to "Thinking in Bets". Great recommendation! EDIT: Highly recommend the Jack Schwager Market Wizard books as well as "Reminiscences of a Stock Operator" by Edwin Lefevre (my favorite).
I want to buy the program but I also want to 1. Speak with someone 2. I want to be able to see you trade live so I can see what you're picking
So do the $20 2 week trial...
@@robhewitt1325 so what are you saying that we can see him trade live??
Ross, can you possibly spend some time using stops premarket? Does your software execute stops premarket or are you executing your stops manually with hotkeys in the premarket? (TOS will only execute stops in the regular market hours.)
Good job ross
Thanks for sharing.
I cant use the 10 second chart on Sterling, do you think i can use it on another application like tradingview and have it be accurate on Sterling for making the trade or can they be off on timing?
When GNLN popped up in the scanner, the order book on the ask side was still empty. actually all in. after a few minutes the market maker woke up and put prices in the ask 😄 I wonder why there wasn't an auction. 🤔
It is excellent ! When I have money, I will join you
In the one and a half month that I have traded now (Simulator). Every stock that moved up a large percentage. It will go up another 30% the next day, so be warned everybody
Went up over $20 later in the day!
How are you able to open and close positions so effectively during Pre-market trading? I find the limit order mandate almost debilitating.
My hot keys and how I structure my orders definitely helps- check out this video I have about premarket trading th-cam.com/users/livecLxuTsx57Ls?si=VRXpCdKUFl6dWSaY
PDT rules . . . just change account to a CASH account vs margin account
what is level 2 ?
ToS needs to offer 10 second charts
no... you need a better broker
If you want to try out the ones I use we have a two week trial for $19 with real-time data, my scanners, and more: warrior.app/pro-preview
Ross gives back to the world, after finding a successful path. He makes sure that he does his best to show other people the way, where others will not. The amount of time he spends making videos for people for free is unreal.
This is actually the key to success in all areas of life, he just does it in trading. If you cure what ails you, then give it to the world, you will be successful eventually at whatever you do. Thanks again for everything!
I recently signed up for the two week trial, will I have access to live trading in the am?
Yes you'll be able to watch my daily stream- thanks for signing up hope you enjoy it!
Up 5 percent today 😊
Ross, is there any benefit to your strategy by removing the ADFN orders on the tape since they don't hit the streets (exchanges)
Thus the old "Ticker Tape Parade".
What let's go big Ross Cameron 🙏
Help me understand if there's two thousand of us waiting to do your strategy (on the same candle) how does anyone make money if everybody's doing the exact same strategy?
short squeeze babe
Everyone makes money BECAUSE there is a large Volume of buy orders. If there was only 1 trader, he would never make money. The trick is to get out before everyone else does. Thankfully, there will always be those who are greedy and overstay their welcome. This gives other traders a chance to get out before the stock tanks.
36:36 how is there a .70 cent spread ? 7,80 to 7.85 even with 7000 shares how are you risking $5000?
how about volume? it does not matter?
Im up $13,430. Good day for all🎉
any advice for a new starter? I only noticed the stock when it around around 7-9 dollars but was actively watching it while it was squeezing mid day. I did not know what the proper tools at my disposal to estimate how much more it would go up, and if it was safe to dump a lot of money into
@B16B0SS Go back and watch Ross Cameron's youtube videos from the beginning of his trading career all the way up to his last episode. Study the recommended tools he suggested to use and, most importantly, the advice he gives. That's the best advice I can give. Good luck
In many of your videos I have watched, you mention hot keys. If I may ask, on the Buy are you sending a Stop limit order or going simply at the Ask?
GNLN went up to 525%
look at the closing time :)
Correct me if I’m wrong but don’t you usually wait until market open?
looks like a dip and rip set up on PSIG right now. I cant trade it but maybe someone else can lol
how to get 10 second chart?
Only paid charts offer 10 second charts … aside from maybe Webull
@@Roughneck7712We-bull!
Can you use a tick chart if your software doesn't have a 10 second chart?