I made over $10 million with this Momentum Day Trading Strategy. I look for the leading percentage gainers each day, then I evaluate the top 3-5 of them. I'm looking for a stock that has the following 5 characteristics:
1. Price between $2-20
2. Relative Volume at least 5x higher than 14 day average
3. Up at least 10% already
4. Ideally has news
5. Has a float of less than 20 million shares
Once I find a stock that meets those criteria, it's time to look at the chart. I prefer stocks that are above the daily 200ema, but will trade below the 200ema if they have a lot of room to squeeze up to that level. The reason I wouldn't trade something right below the 200ema is that it will serve as resistance.
If the daily chart is good, I'll look for an intraday chart pattern where I can establish an entry. My favorite pattern is the micro pullback. I trade this on a nearly daily basis. It's one of the best ways to get into a fast moving stock quickly. Once I'm in, I'll often add to the winning position. I like to add to my winners and cut my losers quickly. I take profit when I see a sign of weakness.
Signs of weakness include:
1. Big sellers on the Level 2
2. A topping tail candle wick
3. Bursts of sell orders on the tape
4. More than 3 halts up can mean a reversal is coming
This is not comprehensive to my entire strategy, but it's a good summary. I hope you found it helpful!
Want to Learn More ❓❓ Get info on My Strategy and Courses here: https://www.warriortrading.com/strategy/ 📈
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/
0:00 Intro
0:42 The Simplest Strategy
2:54 Live Example
7:01 How to Find the Stocks
14:35 How to Find an Entry
17:30 Closing
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
1. Price between $2-20
2. Relative Volume at least 5x higher than 14 day average
3. Up at least 10% already
4. Ideally has news
5. Has a float of less than 20 million shares
Once I find a stock that meets those criteria, it's time to look at the chart. I prefer stocks that are above the daily 200ema, but will trade below the 200ema if they have a lot of room to squeeze up to that level. The reason I wouldn't trade something right below the 200ema is that it will serve as resistance.
If the daily chart is good, I'll look for an intraday chart pattern where I can establish an entry. My favorite pattern is the micro pullback. I trade this on a nearly daily basis. It's one of the best ways to get into a fast moving stock quickly. Once I'm in, I'll often add to the winning position. I like to add to my winners and cut my losers quickly. I take profit when I see a sign of weakness.
Signs of weakness include:
1. Big sellers on the Level 2
2. A topping tail candle wick
3. Bursts of sell orders on the tape
4. More than 3 halts up can mean a reversal is coming
This is not comprehensive to my entire strategy, but it's a good summary. I hope you found it helpful!
Want to Learn More ❓❓ Get info on My Strategy and Courses here: https://www.warriortrading.com/strategy/ 📈
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/
0:00 Intro
0:42 The Simplest Strategy
2:54 Live Example
7:01 How to Find the Stocks
14:35 How to Find an Entry
17:30 Closing
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
I really enjoy your teaching style
There’s no clear strategy here.
Thank you, Paul
Shouldn't these stocks go down after such a bullish boost?
You also cannot do more then 4 trades in/out legally without having $25,000 on your account. 😊
What platform are you using? Paul
Thanks for your videos! I'm trying to decide on a good platform to use and I already have accounts with Fidelity. What are your opinions on Fidelity and Fidelity's Active Trader Pro platform?
one question i had ross . How did you find the people to develop your scanners>
and are they available to the acerage person if they join up with your warrior trading?
Anyone translate in hindi plz😢
What platform do you use
Thank u for this. May i ask, when u first decided to turn this into a career, what were the first steps u took in terms of really educating yourself? And what was ur initial investment and the amount you started trading with. Thank u again.
It makes so much sense when looking at past charts, but when I'm doing it live….
I seem to be making the same mistake over and over again and cant see what exactly the mistake it. I look for the signs and buy and literally the next candle is a massive drop.
Ross, you are SUCH an amazing trader and Teacher!!! I am so grateful for all you do. It's changing my life!
How do I get my screen to look like yours? Sorry I’m obviously new and I want to have all these tools you have I just don’t know what to get and where to go. Help. Thank you
what is your scanner doing different or better than other scanners?
I love this guy I am not a trader but I trying to find some one real this is the guy thanks you for your advice’s
I returned to trading this week after losing for a year straight. Starting with under 500 since it's all I can afford right now. I managed to grow it about 25% this week. But yesterday I left so much on the table. Given the tiny size of my account, I get scared out of a trade easily or hesitate. Any loss can make me feel like I'm never going to make it. I got in a Spy call yesterday before noon. After ten minutes, I sold for peanuts. Had I stayed in, the potential was 800% gain by end of day. So disappointed.
I have a hard time following this guy's training style…
It’s very nice to watch the indicator and trades work, thanks for sharing🌍
Thank you very much for such interesting material, I will follow new posts.
How could you be so perfect with this indicators, I tried alot but from past 2 days I am continuing lossing most of trades. But after seeing this video, I again feel motivated but, dont know i can be this much perfect as you are. You won all trades and I loss all trades. I couldn't find what I am doing wrong. I continue checking my emotions and checking all criteria are meeting or not, but still i am loss lots of trades instead of being in profit
Is there a beginner book on day trading that you could recommend?
ATM option contracts on FB move >100% on a small up move without a ton of risk.
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You might want to take a look at the defense contractor stocks they have been going bananas.
How do you know which day trading broker is right for you? Does country of residence matter?
If you ain't got enough money, check this guy's lessons. He knows a lot about making easy money
Hi Ross, I’ve been watching your vids and I’m appreciative of your teaching style and the level of detail you provide. Are you still doing the morning show? One question I have is why scalpers, especially those relatively new to trading, should accept ANY downside risk on positions? It seems to me that since the goal is to get in and out quickly, if the stock doesn’t move in the expected direction, getting out at an effective break even, is fine. So my question is why not set the stop loss SUPER tight? Pennies even. I get that the stock may have a mini pull back if you get the timing wrong on the initial entry, but it seems like you just move on and get it right on the next entry. Seems like there is no real reason to accept much or any risk when trade commissions are basically zero for someone like me. Thanks in advance!
❤❤❤❤😂😂😂😮😮😮😮
amazing start for every trading lover! You increase your understanding and professionalism with this guy's videos
Ross please do a video on best brokers for small momentum day traders. Thanks
Every comment is a compliment to your channel but nobody discussed the trash ass strategy you're explaining. Better odds at a casino. A stock that opens very high has a big chance of tanking afterward. This is not education, it's reckless.
Don't forget to use this guy's advices! He knows a lot of useful things
Hi Ross I would really like to learn how to trade for the last six months I have been on YouTube and I have been scammed for the tune of £4500 I am not on a mission to get Rich quick I just don’t know what’s platform to join today I downloaded TradingView and I have 30 days free trial but I am so new to this. That’s when I saw the screen I was totally lost. I haven’t got a clue of what to do. I don’t know if you can help me to get started but I have to be truthful. I am not very clever. I have about £500 to start and I am looking to earn between $50 and $100 Daily, or even less. Thank you,Dylan