Avoiding the False Breakout & Algo Flush 💣 Beginner Day Trading Strategies 🍏
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- เผยแพร่เมื่อ 4 มิ.ย. 2024
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Chapters:
00:00:00 Epic Algo Flush
00:01:40 Market Makers and HFT Algos
00:03:55 Large market orders trigger flushes and spikes
00:06:24 Example of huge algo flush
00:09:54 Massive Sell Order hits the market
00:13:20 Buying the dip following algo flush
00:14:00 What Institutional Traders DON'T Want You To Know
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior - บันเทิง
![+$18,538.09 during the [LIVE] DAY TRADING Morning Show 9:00 - 9:30am ET with Ross Cameron](http://i.ytimg.com/vi/Fhpd96FwatM/mqdefault.jpg)
I was in pev today, up 500, then down 500, when it dropped I average down and finished with 515 profit in the day . Lucky
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I’m only HALF WAY through this video and it’s already one of THE BEST explanations I’ve ever seen. THANK YOU!
You're welcome!
@@DaytradeWarrior g c fc try rsaynq I / you. Oran5.ssap h check oxleN
Perpetual
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That’s great one Ross !, you are an ocean of knowledge, keep going forward 👍
Thank you Abdell!
That candle was just uncalled for. Scared the hell out of me.
This kind candle make your sock fall off
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Was looking forward to your day recaps of the past two days
Thanks Scott!
This new series is 🔥 so much to learn!
Glad you're enjoying!
Pure Gold Facts
Deeply appreciate what you do for us
Thanks, you're welcome!
thanks Ross!
Got out of this one right before this happened and saw the double bottom and said oh no! :)
You're welcome!
There is a new Ross in town I can feel it. It feels good. He was playing ball… they still came after him. I love you
You bet! Thanks for the support.
No doubt!! We need to support this guy !! He's a rare breed and that's why they hate him. Check out a woman named Martha Stokes too. She's newer to TH-cam, but she's not new to the markets. She covers HFT and dark pools very well.
Excellent lesson!
Thank you!
You're such a good teacher. Definitely in your genes, as you pointed out in yer book.
Thank you chief
Thanks for the comment!
...you're awesome bro. We ain't supposed to know this!
Happy to help ;)
Good as usual! Can you talk more about where or how they find Stops, where the Stops are, and why setting Stops can throw one out of a trade, or perhaps you have one already
That is something that Ross goes over in more detail in the Warrior Pro courses. Email the team at team@warriortrading.com for more information on getting started!
hey ross i love your vidoes and everything you are doing to help others. i had a question for you or does anyone have an opinion on using the asus duo pro for daytrading. im looking for a good laptop to take with me to work and try to trade at open on my breaks.
Hey Ian, you can check out our recommendations for a trading laptop here: www.warriortrading.com/day-trading-laptop/
Ross is a great teacher! I’ve been in Warrior Trading for 2 years and has 100% guided my trading/decision making in the right direction.
Thank you Bosco!
Out at 8.50 ggggaahhh, lord have mercy 😅
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Thanks Ross! Hope you're feeling better.
You're welcome!
I saw that today and totally freaked! Thank you for talking about it and for this video. It's really helpful.
You're welcome Art!
rip to that buyer at 8.21 of 7k shares
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Could you possibly make a video on how to avoid these flushes?
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Just a large short smoking the bid. Was not SSR. Start the party and let the painic take over. Happens every day. Short traders prey on fear. Not hard to see the volume rolling over and rhe bid support dry up.
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Please note that cripto is much more wild west. We see very large volumes hit 2 AM time in the US. Just a fyi. Great video on algo flushing....
Thank you!
Where can I find the other video that you mentioned in this one?
You can go to our channel page and search for that video.
Great content and job as always Cam!
Thank you!
Ross, two questions on this:
1. So these big sell/buy blocks can be on ONE platform and affect all of them in the same instant, correct?
2. Is it possible all those big sell orders you showed were in ONE TOTAL order and that breakdown is how they filled?
Thank you, love your work.
That's right, it would affect all users trading that stock, as they are all using the same exchange data.
It's possible that it was all one order, however, it's hard to know for sure.
Was watching it live my dude.. bought in at the bottom :)
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@@DaytradeWarrior will you block this guy who keeps saying I got something profitable for you on everyone of your responses.
Awesome Video
Thank you Dalton!
ross if HFT algo's get quotes before retial traders, does that mean they can essaintly buy at price not even available to retail?
Maybe, hard to know for sure.
HI Ross ,despite the ways from study with you that I know you offer ,there are any ''Face to face'' courses? in case answer is yes ,how when and were I can join it? thanks and regards. Dard
Unfortunately, we don't offer in person classes. All of our courses are digitally recorded and streamed 24/7 from our site, so that you can study when it makes sense for you. We have students all over the world, with families, jobs and other commitments and we realize that not everyone can be around at the same time to learn. If you haven't had a chance to attend yet, the best way for you to learn more would be to join us in the next Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
@@DaytradeWarrior thanks! I sure will do it 🙂
Thank you for explaining ross
You're welcome!
Hey! So is it true that the green on time and sales is buys and red is sells? Heard a high end trader state that is not true
Trades are the ask show in green, while trades at the bid show in red. Trades in between the bid/ask show in white
Love the explanation! Thanks!
You're welcome!
Hi Ross, will Algo Flush happens when the stock is in SSR?
Hey Keith, it might not be as likely, however, it may still be possible.
Thank you Ross I was wondering how in the heck the flush happens!
You're welcome!
Hi Ross, the video about how algos work that you are referring to, it doesn’t actually shore the video.. I’d be interested in watching
th-cam.com/video/PeElNQKIj78/w-d-xo.html
Thanks Ross! One additional point -- even before computers were used extensively in trading -- there was little protection for little fish when a whale decided to dump huge tranches of shares.
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Ross I love the shiping containers, where do I get them from?
Wanted to know the same thing!
Here's a link to an Etsy shop that sells them: www.etsy.com/listing/1022084810/freight-container-shipping-contanier?gbraid=0AAAAADtcfRLHJxfMj8rBWFSPpVehbaPLV&gpla=1&gao=1&&CjwKCAjwquWVBhBrEiwAt1KmwimlSlYYXM3BItDcTG_nQRNJ8RxDATk5bnLl_YNpCXBoUGY2nof1xhoCOzwQAvD_BwE_k_&gbraid=0AAAAADtcfRLHJxfMj8rBWFSPpVehbaPLV&gclid=CjwKCAjwquWVBhBrEiwAt1KmwimlSlYYXM3BItDcTG_nQRNJ8RxDATk5bnLl_YNpCXBoUGY2nof1xhoCOzwQAvD_BwE
Thank you for your free, genuine guides and knowledge on the stock market. I have stock in amc, 10k worth, and I'm scared to jump out until I get my money back, of which it was 26 dollars I bought at, as well as some calls. I have made decently in the stock market, but as a novice. I know you don't offer financial advice, but as your opinion(hopefully the moderator wont speak in your place, but its understandable), should I hold onto the shares until I recoup what I made, or take 500 dollars out and work with that? THANK YOU THANK YOU THANK YOU AGAIN AND MANY MORE.
If you haven't had a chance to attend yet, the best way for you to learn more about trading and how you can get started would be to join us in the next Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
Sometimes one must sell a losing position in order to have the cash to enter another position. Holding (Hopium) is not a strategy. Not investment advice. Good luck and much success to you.
Use a stop loss!!!!!!!!!!
Not advice but if I was in your situation and you have 10k of shares only worth $500 I'd hold to get at least half back. You're down so much already you might as well wait for a bull market meme run. Won't happen soon but maybe next year or 2. Just my opinion good luck 👍
Lots of algo flushes this week.
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This is a very interesting video. It makes me think.... who are the market makers (banks. Etc. But which exactly) and what happens if one or more go under and stop trading the market?
great question
I've asked this question several times on TH-cam but have not received an answer as of yet. So, I'll try it here. I'm looking for an alert app/service that will notify me when there is a general volume surge, a surge in Bid volume, a spike in volatility, and a momentum shift in price(not just a hit at a target price) but a change of momentum. All of this within a specified time frame. If I could code I would create this app/service...
Hey Thomas, Learn more about the scanners Ross developed for our members here: www.warriortrading.com/scanners/
by far best day trader .
Thanks Tony!
I had gotten out minutes before that with a 40 cent scalp from .59-.99.
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Ross, I had taken half my profit then I was caught in this flush, such a bummer. However when it resumed I doubled down (on the half size that I had left) and sold at 650 for a “net” small loss. Scary. And possibly stupid to have doubled down 🙄
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Yup!..It happened to me and I saw these algos like I think 3 times today. I average and kept buying the dips and sold for profit when it goes back up. Lucky for me, I didn't used up all my extra cash before these algos flushed happened or I would have been in the RED!!! I kept my Patience and didn't panic.
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Are you still offering the 20 dollar 2 week trial course? I cannot find a link to it anywhere.
Seth, if you email the team at team@warriortrading.com we'll help with that!
Yeah those drops happen alot after a big rise or a flat pattern don't buy flat at the top.
Good observation!
@WarriorTrading Ross great video and thanks for the video. Will you please take out the music next time. It’s very distracting and also it sound distorted.
Noted!
Ya bro ,, it got me into red ,, but I made it up by goin way bigger size on another stock ,, PEV messed me up
Had like 3,000 shares an then went straight dwn , I was like wow freaking crazy
Same here. This is frustrating.
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I have a question what are the little black squares on your screens? Are they for deflection of light?
@Rick not sure which you're referring to? The black windows on Ross screen are his charting platform windows.
@@DaytradeWarrior I i'm sorry Ross I just noticed stupid things
That particular video on the night that I sent you that text I saw the screens in front of you like I level those two little black squares on the upper and one on the bottom one I just assume they were to deflect some of the glare from the lights from the scream to your glasses so I just had to question it and ask sorry sorry you waste your time responding back but I sure do appreciate it. Lol.
Today was a good day. I didn't practice what you preach though I stayed. I overstayed my welcome on a couple of them but they'll go back up tomorrow and then maybe I'll sell them out light bridge Nvidia they were just taken off so good I couldn't pull out. I have a lot investing in them and they look like they're gonna continue going up so I'll keep a close eye on him but I definitely try to listen to what you say it's always in the back of my mind. I sure do appreciate these videos.
It's still stays in the back my mind we're not gamblers we are traders lol have a great night😎 have a
Have a great night Ross
ross,
have you read the book "the flash boys"? i bought the book a few years ago. i haven't read it yet. i think it talks about algo trading and what you were talking about.
Not familiar with the book.
@@DaytradeWarrior you might find it interesting. the book is written by michael lewis
worthwhile read. I enjoyed it.....great story and helps to understand how the market works.
Great content, I walked away from my computer for 10 seconds came back and said WOOW... Happy I wasn't in the trade
Thank you!
Sold my position just before that drop. I was so relieved I made a good decision to sell using Ross's advice that it should have gone and if it didn't, get out.
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Two practical questions: (1) How do you avoid getting caught in this flush? (2) What do you do if you are caught in the flush? Thanks
Wanted to know this as well
Use a stop loss.
@@ChadChristian doesnt solve the issue since you would still get filled at a highly unfavorable price
Ross tries to avoid the times of day where they typically happen, in addition he uses hotkeys and is able to exit quickly if he doesn't see confirming price action after his entry.
@@DaytradeWarrior at what time of the day do these flushes tend to happen?
The scenario you present is only one of many possibilities. You gave zero explanation for why you chose that scenario. It doesn’t even work as you described usually. Liquidity providing algorithms get onto the order book when big orders rapidly remove liquidity. It’s the opposite of what you describe regarding market makers. But for newbies who don’t know how the market works you sure sound entertaining and authentic. Well done.
Thank you!
thanks for another nugget of gold Ross - always grateful for you sharing your knowledge! 🙏🏼
curious to know if before you became profitable in your trading journey, did you ever tell your spouse about your losses as a way to hold yourself accountable to being a better trader…?
i did & was inspired by you to make a short youtube vid about it 😅. feel free to check it out & would love to know if you agree or disagree 🙏🏼
You're welcome! If you haven't had a chance to attend yet, the best way for you to learn more about trading and how you can get started would be to join us in the next Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
It happened twice today on $PEV!
Way to spot them!
I think the other thing that didn’t help was the low float. I believe float was less than 1 M shares, so doesn’t take much to move the stock.
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Where's the full video that Ross promised?
th-cam.com/video/PeElNQKIj78/w-d-xo.html
I got caught in a nasty algo flush yesterday, I think it was on REV...bastards! We gotta get this PFOF off the table, these people can see our orders and stops, and then pull their bids to take out all the stops, and then they have both our cash and our stock...the bastards
Always a bummer, keep at it.
@@DaytradeWarrior Ross, can you please make a video that shows your hotkey scripts?! And your keyboard?! I really think we would all benefit if we saw the actual coding in the script and then watch you use it in real time. I know you use Control P to set a profit take, Control B for get out at break even, etc. But I really need to see them all and then see the keys as you hit them and the reaction from the price action!
PLEASE! I have been wanting to see the scripts for so long!
@@darekm6859 OMG kid, get out of here, Ross used DAS Trader before Lightspeed, I am asking him for his DAS scripts
Looks a lot like a head & shoulders pattern to me
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What do you make of FTNT.....opening up at $55 or so......down from $232(?) .....no chance to sell......before the open.
There has been a lot of large gaps the past few months in large caps, have to be careful for sure.
@@DaytradeWarrior Dangerous, dangerous, dangerous to hold! Wonder what the long holders thought yesterday morning??
Personally, I would never trade a stock that is entering uncharted waters. You're just asking for it.
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in other words,,as soon as you buy the market goes against you..if you sale it,,it goes aganst you even more ,,so whats the solution for it,
All about picking the right stocks with good price action! Ross teaches this in his courses. You can learn more here: www.warriortrading.com/warrior-pro-info/
Can somebody take a 200k shares at one trade?
Of course.
when he said $7 : 40 or $7 : 50 or w/e it was i was like this HAS to be about PEV
Haha good call.
@@DaytradeWarrior was one of the stocks i was keeping an eye on, but I didn't get into it, stocks like that are too wippy for me to predict rn, though now i am accepting of the idea, toss a low amount of shares to try stuff like that, 200 shares or something of the sort.
❤️ Ross 😅
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9:55 How do you know the trader pressed the sell order at 7.25, but not 7.10?! Just wondering.
Anthony, hard to know for sure, it is more of an educated guess in this case.
I panicked sold when it happened
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@7.45 mins .. “it’s trying to break”
It’s not lion at the macd .. the lines are crossing over ..
thanks for sharing
Ahhh that's how my 2nd attempt to get back into day trading failed. With an algo flush. That's what I saw happen to my account. There will be a 3rd, but with tools I'm making.
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@@jc3195 sure
@@jc3195 call me
You think that's bad you should see crypto,it's had a flash crash thousands of dollars,moves like this one is common except no hults.
Certainly more volatility as of late.
Sounds like a casino to me. Who programmed the computer to do it? Rigged system.
To each their own!
Sounds like crypto
Certainly some similarities
WTF are you doing playing music while you are talking and trying to make a point????? that is absurd....STOP THE FREAKING MUSIC DUDE!!!!! at points it is louder than you talking....ridiculous
Sorry about that, thank you for the feedback.
I love you Ross Cameron (No Diddy) ❤🫶
Yeah lately ive been making money on flushes. BLUE MREO BKSY
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