Day Trading LIVE +$74,568.26 😵 on $WIMI $NETE $ECOR $EQ - by Ross Cameron

[Music] [Music] all right everyone good morning so let's see starting a few minutes earlier today I sat down on the earlier side because I wanted to look at women but as I sat down and pulled up the chart I can see it's already pulled back a little bit down to this kind of support level around 19:00 so it'll be one maybe to watch it is gapping up 40 38 percent right now so you know there may be some more potential on that but the pre-market chart is certainly not perfect because of how it pulled back so yeah I don't know that one will keep an eye on leading after this morning is Ecore ec o r of two hundred and seventy two percent this was at 85 cents on Friday and now here is it 324 on the daily chart if I just switch this to daily real quick we've got let's just want to see where a nearby triggers and resistance levels are so we've got the hi there 564 so 3:19 gives us a room up to 429 so there's no resistance now till 429 then room up to 5 so it may be one to watch already has 21 million shares of volume it's got a lot of falling in premarket this the high was 26 so right there it hit 29 I would say on the one minute it popped up pulled back has now hit that high they're pulling back again you know it's one definitely to keep an eye on it does have a lot of room on the daily but it's finding that entries so although this was a micro pullback right here you know this was also and this was also so it's kind of a third micro pullback sort of have to be a little careful about chasing it it has news it has high relative volume there's no question about that this software that I use doesn't actually calculate relative volume pre-market so I just kind of have to eyeball it but this has 22 million shares of volume and yesterday or Friday had let's see looks like 2.5 million shares yeah 2.5 million shares so it's already got almost 10 times higher volume today than it had on Friday which is good the current high is 34 so this will no doubt have very high relative volume today really the question is just where could i potentially get in order to manage my risk so yeah so we'll keep an eye on this one the high now is 30 days excuse me so we've got increasing volume so high is 38 a lot of cell orders going through there and this is interesting because if you look at the the quote here a bunch of those sellers that just went through we're kind of really funny prices and I don't know really what causes that when that happens but just I guess pre market but so 3334 those are all fine but there was some that just went through there that I saw on the tape that said like to 50 to 55 3:28 so fine so yeah we'll keep an eye on it so we can check let's check the s3 yep good call so let's see whether or not there's an active s3 shelf registration from May 27th gives them so this so interesting yeah so four million shares the proposed price was 88 cents that would net three point six million dollars at that price so yeah something to be mindful of but again at this time of the day early pre market I usually don't worry about the secondary offering headline if it's gonna happen until later in the day so usually not even not before 11:30 or noon so Ecore pulling back a little bit right now [Music] Lumi is it this support level around $20 this hit a low of 1990 a couple times dipped down here to 1936 down here to 1927 and then pops back up EQ is the second-leading gapper up two hundred eleven percent eight million share float 2.9 million shares of pre market volume biotech stock all time highs up here around $20 I don't know if that's right on there yeah so interesting flea market charges pulled back a little bit it's a little bit below the V web the volume weighted average price and again I look for relative volume but there isn't actually a measurement of a pre market on these scans so I could add the relative volume scan or relative volume criteria but it just shows up blank it doesn't start actually calculating till the bell rings so I I ball it I just look at you know what the volume looks like pre-market versus what was it yesterday so eq had 48 thousand shares of volume on friday so pre market with two point whatever million it's already definitely high relative volume Ecore I'll wait for a 5-minute setup I think on that one EQ I'm gonna wait on that one next one down and B Y dollar sixty a little on the cheaper side yeah well over $1 79 maybe but I'm not that interested in that one right now it's a little on the cheaper side the floats a little higher Ecore in my opinion this would be a premature break out if it breaks through the highs it does look bullish but I'd like to wait for a proper 5-minute setup so we've got about 30 minutes to the Bell right now there's a few stocks that are kind of somewhat interesting but nothing that I'm super super dialed in just yet on high on Ecore is 338 again this has room up to 429 on the daily it's not ready yet any te interesting so yeah the high there's 1450 1469 that news just hit a letter of intent for a hundred thirty-five million in funding to acquire existing electric vehicles the problem is I don't know if that's a good sounds like a lot of money but I don't know if that's a good deal or not so generally on something like this it's up 27% the high is 15 I would say and the high back here was 13 63 so now it's getting into kind of it's got room back up towards 15 and then above 15 it's got room higher than that so from 15 up to 17 again though it's only 125 thousand shares of volume so the initial response on that headline which is posted 9:00 a.m. was that it squeezed from 12 to 14 78 so you know almost $3.00 a share but now it's dropped back down to the low of 1371 just doesn't have enough volume yet we can see whether or not it holds this level if it broke over the high of 1478 maybe Ecore first five minute candle to make a new high is going to be over 3:30 so Ecore I could put a can order at 3:35 but I'm not totally sure on that either so Ecore you know I'm kind of watching it here I'll take a starter on Ecore I just added it 30 so on this one the first five-minute camel make a new high as a break a 30 and I'm gonna put an order at 42 add again with the back of mine target that maybe we got to squeeze up to like 350 the half-dollar so still holding full-size looking to add over 340 this is first five-minute candle to make a new high sold 231 for now new orders at forty feels just like it's I don't know you know first five me too can make a new hi there it should go right to the eyes should break 38 didn't so that one's already struggling a little bit so in it 25 or whatever it was added at 30 sold right there at 31 the current high is 35 new order will be 40 but it is you know typically I would expect kind of immediate resolution on that type of trade so not super impressive no slippage though easy to get in and out which is good I bought 15,000 shares and then added another 5,000 so 20,000 shares that was the first one minute camel to make a new high right there at 32 it failed the highest 35 possibly over 35 get back in na te big spread but a break over 15 would look good I'll put an order at 15 so I'm long there at 14 91 on any te for the break of 15 and over 15 25 is an ADD this one has room up towards 17 on the daily so I'm actually gonna put an order here to add over 1550 it's lighter volume so I can't take as much size as I could on Ecore but I could get a bigger move in terms of percentage and cents per share so 1550 is the next spot that I'm gonna watch on any te adding right there for the break of 1550 20,000 share buyer at 30 that's good to see there's 16 20 on the ask 1618 hi there's 1638 so any te is up 35% on the gaps cants actually up 36% right now it's got news this morning so I didn't jump on it right away I let it pull back and then I got back in as it broke over through the highs for the break of 15 so I'm still holding and my new order is at 16 if it holds this level over 16 16 38 could be the next trade so there are 16 we're gonna hold 16 so sort of like a like a false break because it broke over 16 back below it still holding and then look to see on our sort of one minute first one minute camel make a new high whether or not we got a pullback that could be another ad highest that 117 so watching down here to do a dip tray I could have done a dip on that one I hesitated put my order at 1625 I really need more volume to come into this one there we go 1629 I'm still holding I'm just looking for where I can add I'm gonna put my order at 1638 again you guys have to understand this is for me live trading it's to give you guys the opportunity to learn the strategy it's not because I want you or I think you should blindly follow me or anyone else if you blindly follow people you're always gonna be behind now a stock like this that goes from 15 to $16.50 there's a lot of room but on other stocks there's not as much room Ecore only made 5 cents a share there's just not a lot of room on something like that so this is a flat top breakout setup right here so I want to see if it's gonna break over the half dollar 1650 I'm up over $1 a share on this right now for my entry this is gonna have to go a ways higher to become the leading gapper but it's moving in the right direction hi is 1660 so again the question just becomes when is the next place where I could add although I wanted to add back over 16 it kind of popped a little fast I didn't get a chance to I is 1688 the volume weighted average crisis at 1512 so I've taken a little profit out my best exit there was 48 I didn't sell all the way at the top I'm gonna let it pull back and then on a dip I want to add so I'm gonna watch down here to add on a dip the highest 88 so if I was short my stop would be at 88 adding here at 86 for the breakthrough the highs for the break over 17 1725 1750 becomes the next target so now over 1710 is an add adding at 1710 looking for 1725 1730 maybe 1750 so watching over 13 there's 24 23 I want to see 25 there's 30 so as it squeezes up I have my control semicolon hockey to take court to put a quarter position out a cent above the ask so I can just put orders out up up up and then as it moves higher it'll pick up those orders so I got an exit at 17 24 you slide 15 minutes to the Bell this is up 48 percent now I sold the rest of 17 for the time beating so we now have a topping tail doji with red volume on that candle so although I thought that was a good trade to add there it's 1686 obviously a little bit of kind of a reversal there off the top so the volume weight average price is down to 1575 so this ended up being a better idea and a better trade certainly then he core he core was a nice idea but the first five-minute camel making new high ended up failing on this one NE te I didn't buy a first one minute camel to make a new high down here the volume was too light but I waited for it to come back up to the highs and there's a broke over 1478 came up to fifteen fifteen dollars that's where I jumped in for the break fifteen hit a high thereof thirteen sixteen thirty eight pullback one minute pullback gave a nice opportunity although I wasn't aggressive on it the spreads being a little bigger the volume being a little lighter all good reasons for me to be a little more cautious so you know the good news is it's still up forty percent it's pulling back here but I don't think it's probably done yet so let me switch to the daily chart so this is our daily chart we've got 14 38 which broke 1550 which broke 1725 right there and then a little gap fill up to 18 and then no resistance until way back up there at 33 so this is kind of the area where we're getting into and this is back from 2018 so this is from a long time ago the letter of intent the only challenge with it is that without going through all of the filings and stuff like that it's impossible for me to know whether or not this is a this is a good deal or not but the markets responding favorably so you know that's kind of ultimately the fundamental catalyst can be can seem really really good and the market responds negatively so in my opinion I just have to focus on technical analysis and not try to overthink the fundamentals too much so from a technical perspective when I first got in this the the relative volume already was certainly looking that it would be much higher than on Friday Friday's volume was 639 thousand shares had already had 130 150 thousand shares at this point so a six of Friday's volume by 9:15 it now has nine hundred thousand shares so it's exceeded yesterday's volume and again it's only 9:15 well nine nine nineteen so the high the last one minute candles 16 20 so it's kind of consolidating here off of $16 which is right at the volume weighted average price so I have a starter right here at 15 for a bounce off the V web and my stop will be 83 this is a dip off the web trade and the optimistic target would be a squeeze back to 17 so I'm going to put an order at $17 and over 1670 1680 watching for an ad first squeeze back up to 17 so still holding full size on this right now the dip off V whap was the setup 7580 is the spot to add adding it seventy right there and looking for this to break over 75 through 80 and then I want to catch a pop up over $17 so I've got 77 on the ask watching I want to see it break through 75 85 there 77 there 78 you see a little churn here what was the high that candle 83 so open my new order at 17 it's not a five-minute set up it's a one-minute set up and the high was 1683 the V wet balling weight average price is at 1583 got about eight minutes to the Bell 1.3 million shares of volume so two times relative volume versus Friday I can use a limit order so the limit order is 17 that means the most I'll pay is 17 this is support at 83 so dip entries at 83 or anywhere from 83 to 16 I still have a couple minutes left on this five minute candle Ecore I did take a trade on it I'm not sure where I would go back for that one but I might go back I'm just not sure first one minute kyon will make a new high on any te is over 55 this is from July 1978 watching back over 17 holding haven't added yet I sold half their of what I was still holding and sold more 1701 I'm gonna let it pull back my cost basis is 1631 so high there was 17 I'm gonna let dip down so our high a day is 1725 and then we've got her 17 was this 1749 orders at 1720 so what I'm looking for first five-minute camel make a new high it's over 17 just added right there looking for this to rip up now through 1725 1730 and 1750 / 1750 as an ad for the move up to 18 now it's starting to open up adding they're looking for the squeeze up to 18 there's 1775 holding orders at 1775 to add for the break of eighteen adding they're looking for $18 so this over 18 then has more room on the daily so let's look for the break of 18 this is kind of just starting to really open up here it's gonna be our third leading gapper watch the micro pullback for an ad adding their 87 sold half 18 15 or 18 what was that um 1801 sorry 1801 high is 22 new order goes at 18 22 adding on that pullback at 87 and over 1850s another ad for the move to 19 now it's moving higher it's a 55% watching the ad adding their 44 now my next target is $19 you can see how this is opening up faster it's moving quickly this is exactly what we look for so it's got room above 1850 there's 19 over 19 would be an ad for moved to 20 daily resistance is at $33 watching adding there 75 next target $20 once you get something that starts to go parabolic and starts going straight up that's when I want to start getting aggressive so looking for there's 19 20 I want to see 1950 and then over $19.50 an ad for the break of 20 here this is now our third leading gapper up 60% holding 4,000 shares at 1809 1.9 million shares of volume almost four times relative volume versus Friday taking a little profit off the table at 1906 1915 looking at add-on dips watching adding they're the reason I added was because it held support at 19 so now I'm gonna look for this dip here and then a pop back up to 1950 still holding looking for 19 25 1950 dip trades or what I'm looking at here adding at 48 so trying to buy that dip there on ich or i--sorry net penny te and now looking for the pop back up over $19 so we've got 50 1850 on the ask sold at 18 for now took a loss on that dip the highest 1942 the V whap is at 17 17:59 is the lo of this pullback I'm along here at 18 I'm gonna try to do a dip trade on this back up to 1850 there's 1830 I'd like to see 1850 1855 sold of 18 for now 1818 hello that pullback was 1750 a high volume there but we have now about 10 seconds to the Bell so be trading this into the open I'm gonna be putting my order up around 19 watching dips looking for a dip down to 17 for a bounce off the you app look for it to sell off watching let it break I'm long right they're buying that dip for the break over 18 all of a sudden you see the volume coming in I'm in at 1776 12,000 shares holding over 19 as an ad adding therefore the break of 1918 profit 1925 2.8 million shares of volume high is 1942 I'm gonna let it dip down for a second and then add adding they're looking for this now to break over 1950 through the highs so now we're starting to see this open up a little bit more we want to see 1950 dip trades and then a break over 1942 watch right through here I'm adding it 50 for buying the dip now looking for the pop back up over $19 this is a one-minute pull back and then 1942 through 1950 is where I'm gonna get more aggressive whimmy halting going up that's good to see sold any te for a small loss on my ad now coming back down to the V web adding at 55 doing a dip trade-off of 55 on any te because this is right at the volume weighted average price so looking for that pop back up over 18 watch the break over 18 there's 83 on the ask 81 I want to see this rip through 18 there's 95 96 still holding looking to do a dip adding at 91 buying the dip at 91 brings my cost basis down still looking for that first candle to pop up for rip back up through now 1750 18 holding choppy at the open sold the rest there at 1725 so stopped out of that for now so what a rush there from the 12,000 share long at that dip all the way up to 19 added on the pullback here stopped out added back stopped out so four million shares of volume sitting up at the moment $28,000 29,000 not bad for 933 I probably gave back a little bit of profit there I wasn't looking to see how much I was up at my peak but not bad first one minute camera make a new high I think I'm gonna sit tight on it for a second whim II WI mi halted going up not super surprising but just take note that's right under the V whap so we'll watch that on resumption so first one minute can we'll make a new high we'll be back over 18 this is coming back down to the low 1662 I'm gonna take a dip trade there at 16 76 it's a double bottom and I'll just hold this over 18 would be where I would add I'm gonna get myself back up to 15,000 shares so double bottom right here stop is break-even holding and looking to add as long as this holds this level then I can add over 18 for the squeeze back up through high day so holding right now not selling looking for this to hold this level break over the highs of this little consolidation 1750 1755 1760 and then curl back up towards 18 first one minute Campbell to make a new high as my add so high this last candle is 80 so 1780 is the first one minute candle to make a new high and put my order at 18 watching the ad adding right there now looking for this to rip up through so I've got 12 thousand shares looking for this to rip up through 1850 hi is 47 I took some profit at 20 puts me up 39,000 on the day new orders at 1850 high is 47 first one minute candle-making new high is a good setup but really wants to get hold those levels sold the rest and I'll look I don't know maybe 62 for another dip trade but I did stop out ah there's women opening higher women next fall level 24:31 any te Wow with me super strong right now so I'm gonna switch probably my focus to this one since this is the one that's much stronger Hall levels 50 25 93 right now Wow so is it gonna halt this is the market we're in Wow all right so any te is pulling back a little bit and again we didn't get a chance to do the pre trading checklist so did you eat well just sleep well you have a couple stocks on watch this morning that you like I hope you do what's the condition of the overall market it's hot when we went up 500% on Friday it's up another 77 percent this morning and any te with this letter of intent this morning ended up making a pretty big move here from 12 up to 19 I am sitting at 9:37 up 39,000 what's the total 39 to 50 and 92 cents five million shares on any te making it almost 10 times higher volume than on Friday and whimmy is halted going up I'm gonna look for another trade on that so whimmy is halted and i NMB i NM B as in boy is also halted this one I don't see a headline on it I'm not sure if anyone else sees news all-time highs on it are up here around what is this 10:52 or so or 1152 1150 but I don't see a headline on it resumption it's only it got 136 now some shares a volume which would be okay if I had breaking news but I don't see news on it so I'm gonna leave that one alone and the one I'm going to focus on is whimmy so again I want to try to focus on the one that I think is gonna be more predictable is gonna give us you know better price action and I would say at this point it's it's this one but the fact is this has just squeezed from twenty to twenty-five dollars I would be getting in after the second halt so I would have to really wait for a dip any te not the absolute easiest did a false break of V web where it squeezed up to 1847 which is disappointing but you know sometimes that happens so I'll keep any te on watch on another chart over here we've still got a couple minutes to resumption on on whimmy so today I was trading pre market and all of a sudden the bell was ringing it just caught up real quick [Music] so we'll watch for resumption on whimmy which will be in about two minutes those you guys on YouTube Facebook I wasn't planning on doing the live stream today but I all of a sudden the bell is ringing so I'll give you guys another few minutes of livestream appreciate you guys hitting the thumbs up because typically I wouldn't do this on a Monday but you guys are in for a little bit of a treat today so thank you guys for tuning in questions comments you can leave them below and check out some of the links in my description if you do have questions on platforms my strategy and things like that and again reminder guys so you cannot blindly follow me or anyone else we all know day trading is hard it's very hard day trading is very risky you've got to manage your risk by practicing a simulated before you ever trade a real money so prove you can be profitable for you put real money on the line all right so I do see I NMB resumed a and B but again with no news I wanted to be cautious on that the high is 9 9 56 sometimes over 956 I would say that would be a possible long but I'm not going to do that any teehee curling back to the V whap it's got to break the V whap and now back to women women is halted 25 93 and daily I mean really it's gonna high $39 pre market so there's no daily resistance there's some pre market levels but it was like volume so I'm gonna watch this for a dip trade I want to let it dip taking a long right there at 88 I just bought that dip at 23 88 I'm up $1 a share holding is it gonna break over 25 no I'm selling so I'm actually still holding 114 shares that's fine I'll look to do a dip trade on resumption off the view app so I got a a partial fill on the exit the high was twenty six twenty so basically what I did I let it dip down I got the buy button to 2388 it popped up here to a high of well I don't know whatever this was it did pop up for a second there up to twenty five looked like it was gonna break maybe over twenty six and then dip back down so right now I'll be holding some size into the hall going down small size and then coming out of that I'll look to do a balance off the view out so let's say yeah I got a I got a partial fill at 24 24 33 when I hit the bed and the rest was $23.99 and then the rest I was holding into the hall yep iamb so again the high is 56 so 56 is the spot where typically I would say you know it's interesting but again no news creates a little bit a little bit more risk there EQ halted little red to green move yeah a lot of volatility here this morning all right so so geek you yeah I'll watch that on resumption with me right now looks like resumption might be around 22 it was halted going down 4257 was the halt so 47:57 will be resumption [Music] all right so let's see we've got the high is 26:20 right up there pull back down in this area of 22v wife is 22 28 so I'm gonna put an order around $22 go with 1,500 shares a little smaller on the size EQ resumption there but again I want to focus on with me first all right so whimmy coming down here resumption in about 30 seconds halted at 23 35 so I've got a little profit on this one I'm gonna see whether or not we get a dip down to 22 watching on resumption orders at 20 to 40 so it ended up opening hi it opened at 24 I thought it was gonna open around 22 so first one minute candle to make a new hi again I'm gonna let it dip down here closer to 20 to 50 the low was twenty to forty one back over twenty four I'm gonna add here for the break back over twenty four dollars looking for the first one minute candle to make a new high so what I'm kind of thinking on this is that break back over twenty three fifty then 2360 little churn huh kind of would have thought it would have broken a little faster than that so I'm only holding a hundred shares still the low this last pullback was twenty to forty one I'm gonna let it dip I'm long I bought right there for the right just did a dip trade on this now looking for it to pop back up towards 23 so you know basically trying to catch the the dip off the lows but we'll see it's got to break back through 22 nope stopped out so get back on my prophet trying to dip trade that it's just you know again it's not a bad idea but it's just weaker it's just not holding up super well so alright well we'll let that consolidate for a minute I'll keep that one on watch over on another chart any te is curling back up the high this last level was 17 20 the video app is at 17 25 orders at 1725 on any te for the first five minute candle to make a new high I'm long there 17 adding at 1750 hi there 17 42 orders at 1750 and then look for a rip up adding they're looking for the RIP up towards 18 so that's the first five-minute camel to make a new high and the high here is 1775 I'm gonna hold this for a second and then over 1775 is an ad for the breakthrough adding therefore the breakthrough eighteen so now we're starting to rip up a little higher I want to see this up over 18 through 1825 1850 looking for that breakthrough 18 micro pullback here under 18 man this any te is so now that we've broken the view app unlike back here we have to hold the view app so I'm gonna let it dip down for a second watching this is a micro pullback looking for the ad on the dip so it's common that they come back and retest the breakout level which is the volume weighted average price in this case so it's holding that level back over 1780 to me would be along to add adding therefore the breakthrough 18 there we go taking some profit off the table 1810 1815 hi a day is 45 1850 is my next order this needs to again continue to hold these pull backs and then the spot that we want to see for this to really get interesting is back over $19 so I'm only holding small size now I'm gonna let it consolidate I is 1845 so I'm going for my order at 1850 increasing volume here is exactly what we want to see hi this current one minute candles 1820 adding right there and looking for this to rip up to 1847 1850 / 1850 then for a squeeze up to 75 watch here adding there 50 looking for this break and the rip up to $19 so I want to be adding on all pull backs on this and riding momentum is it squeeze is higher so I'm looking now for $19 halt levels 1947 watch over 1875 pull it together girl hi that candle is 1874 so 1875 is my new order this is the dip that I'm adding on 1850 so I just added there on that pullback now looking for 1919 dollars is my new order and then 1950 and the squeeze through the pre-market highs watch here 79 on the ask 80 adding therefore the break through 19 there's 1910 I want to see this continue through this level I is 1909 new orders at 1910 watching we're gonna add adding they're at 83 for the break back over 19 1910 that's the breakout spot we want to see it rip through that level my cost basis has moved up to 1864 gonna give it a chance to do a pullback here taking profit off the table new orders to buy a dip so let's see this is what we're working with right now very high volume on that break out the break of V whap high was 1909 be watching to do trades on pullbacks high-backed handles 1909 8.9 million shares of volume so the low there was 1823 want to let it come back down for a bounce off 18 lemme I do see that back above the view app I can keep an eye on it but it's a little hard to trust I added on any te at 21 watching looking for the break over 1845 1850 and then the first one minute candle make a new high high this current candles 1860 with 10 seconds left so we're gonna look for the first 5 minutes sorry first one-minute candle to make a new high / 1864 retest of 19 adding there is it going to break over nineteen new orders at nineteen ten looks like a lot of volume 1910 watching the ad spot here still holding adding there at ninety now looking for this to squeeze up to the high of 45 1921 hey girl come on girl 19:25 be a possible ad spot just gonna give this up I sold it 96 right now so rejection at the double top breaking back below view app what's the low here I'm back in at 17 I'll try to take a dip trade on this back up to 1725 on this type of setup basically when we've got an irrational sell-off like that I just try to buy the dip for the curl back higher so I'm in a 17 I'm holding I'm looking for that first candle to make a new high and pop back up to 1725 1750 once it starts to curl feels usually like the wind is it back so here over 1715 would be an ad adding there and now looking for this to squeeze up to 1725 1750 ideally again you just see how it starts to curl up and it's like you just hold on so there's 15 18 so back down to the lows double bottom I'm still holding 168 shares I had taken profit at 22 and 15 so back to a small position look for the next entry the next trade and you know the volatility that we're seeing on this isn't that much different than what we are seeing on whimmy Oh and took the rest off on any tea actually a partial fill I have eight shares but whatever Otto and be why EQ so yeah whimmy halting twice going up once coming down popping back up through the V whap back down so you could just see very choppy there so I'm gonna sit tight for a few minutes we'll see what any te and when we do in order to take some more trades I really need to see a stock at high a day ripping squeezing and moving pretty quickly so I don't have anything right now that I'm looking at that's at the highs so I'm just gonna sit tight for a few minutes again those you guys streaming on YouTube Facebook you got a special treat today just cuz all of a sudden before I knew what the bell was ringing so thank you guys for tuning in I hope you hit the thumbs-up button and like this video the live broadcast my trading strategy is almost 100% technical analysis and I rely heavily on level 2 tape reading time and sales but but equally so on candlestick patterns first one me to Campbell to make a new high technical levels like the V whap moving averages and things like that so when me not my not my best one today but that's fine any te was pretty good for me and hopefully we will still see more opportunity I'm just taking a little bit of a breather here it's 10 a.m. but we may may we may still see some good opportunity between 10:30 and 11:00 10 or even 10 and 11 just based on the action that we've seen this morning right so when we see this kind of action it's definitely a good indicator of a hot market I'm sitting up sixty-two thousand dollars right now in about an hour of trading I started right around 9:00 a.m. with my first trades on Ecore whimmy $1700 of profit not a lot there but green at least gave back some profit on it any te you know I had some series of winners gave back some profit I mean it wasn't like just straight up I made money gave back a little made it back you know gave back a little today some of my dip trades have not worked as well I've had a couple of bigger losses on dip trades on any te so not really sure maybe that's just the that just happens to be how it is today but how did I know that any te women Ecore worth three stocks worth trade well it comes down to a system that I use every single day to try to find stocks that have the potential to make a big move it's a system of reviewing the I would say five most important criteria for homerun potential and those of you guys that want to learn more about that I encourage you to register right here to my free day trading class so I'm gonna put that link there for you guys during that class I'll walk you through my risk management I'll walk you through how I find stocks to trade and then I'll expand upon my exact entries and exits so while you guys register to that workshop there'll be a replay of it at 1:00 p.m. Eastern today if you want to watch it then I'm gonna put my arms back on whimmy all right so I'm watching women here as it's curling back up $24 is clearly the breakout spot I'm just kind of I have my eye on it it's choppy it's got 11 million shares of volume and bigger spreads I want to buy tips on it so I got long right there I'm long whimmy but I didn't get a very good fill see this is a perfect example where I hit my hotkey I thought I was gonna be into $24 and you know what I got filled at 2485 I filled a 2485 my hotkey now I press the hotkey twice so the first fill was below 24 and the second one was 2485 so my average is 24 18 hi a day on this is 26:20 watched here over 25 adding therefore the break of 25 and I sold the whole thing at 25 32 for now that puts me up just on those trades right there now 3,400 on whim so I just added now I'm up at 64,000 on the day when me I'm still interested in I'll watch it on resumption but let's you know be mindful of risk this thing has just gone from 21 to 25 it's due for a dip so I'll wait for a dip and then you know hopefully be able to get get a dip and then ad for the rip back through the hi a day alright so this one's looking better EQ breaking the V WAP here the high is 966 I'm not sure on that one nice Brian he says he's got the same same entries in at 24 85 and sold at 25 32 and that's what we'd say is a nice quick little break out trade the risk entry at 85 it's not perfect but a high level of conviction that it would break through the next level it did and taking profit as it goes so EQ again this one had a high back here earlier quite quite a nice move at this point I'm just watching it I kind of missed some of them may be better entries so first one minute Kaelin to make a new high as 55 56 it's pulling back a little bit I'll put my order at 67 watching so I'm long there 55 for the first one minute camel to make a new high there 69 I want to take profit as it squeezes higher the highest 70 over 70 is a possible ad we'll see if it moves up towards watching moves up towards 10 so dip down back there let's see what it does it's gonna hold the half dollar it's flushing a little bit more watching back over 55 60 hmm so I got I just added down there on that dip I added it 9 an irrational drop like that usually I'm gonna try to add to catch the pop coming back up so I'm looking for this over 925 I've got 9 906 907 there's 911 I want to see 950 925 no I cut the loss actually well I average down so $89 winter buy something to be excited about I would say usually an irrational drop is $0.50 or more and that was that was kind of kind of gross could have done a dip there off of 50 but now it's back below the view app so I'm just gonna leave it alone all right so back to women all right so any te is back down nothing on that whimmy resumption is going to be in about two minutes so yesterday I shared with you guys on my Facebook page a little session livestream session that Peter mulvey was doing he's a musician here in the Berkshires the Western Mass and you guys have heard him on a few of my other live streams every now and then I'll play his music so hopefully you guys enjoyed that maybe we'll see when we host art one of our next events if we can get him to come down and hang out with us so watching women here resumption in about ten seconds halt was twenty five thirty two I'm gonna put my order at twenty six looking for a dip let it dip it's holding I'm adding I'm long right here took some profit at twenty six holding seven hundred fifty shares I'm gonna let it dip down again and on the next step I'm gonna look to add for the break of 2650 watching adding it sixty six right there looking for this back over twenty six and twenty six fifty twenty six twenty five is an ADD spot watch here twenty six twenty five we want to see it rip a little bit higher still holding letting it pull back looking for the first one minute cable to make a new high sold break-even at sixty two for now next order is gonna be the high C that really needed on this little dip to rip back up over twenty six fifty see this is tough because now you've got this red to our topping tail candle on the five look at this sell-off I'm gonna take along here 23:13 I'm buying at 23:13 trying to buy the dip so there's 47 it's gonna pop up to 24 it's 55 65 I'm in at 23 thirteen right now I'm looking for $24 a share sold not bad though well have some nice action on it but you know it's not 30 bucks that's what we really want you know I'd love to see it a little bit a little more than that I didn't trade big size on this though so so this is kind of a bear flag the high was 26 57 so where's the next spot it's only two quarter past ten so you might still see some more opportunities so that five minute candle discloses a red doji Tesla today high price but Wow that's a gap and go such a short squeeze incredible volume weight average price is 2279 I'm long 22:78 for a bounce off the V web I want to see it pop up to twenty three fifty twenty three seventy there's 2367 you know when you trade in this price range it's not as hard to get 50 cents or $1 a share didn't sell her there 58 or 50 sold the rest 21 for now hidden cellar is in the way I can tell there's a hidden cellar just on the level too but of course you know as you can see sometimes they'll break through that level so it doesn't mean that it doesn't have the potential to break it's just always a little bit factor when you see there's a hidden cellar so the high back there was 24 93 so you got the bounce off the V whap and you know the question is is this gonna really open up and the two times kind of had a chance to its pulled back down right here 9:40 and then again right here so maybe just have to let it consolidate a little longer so hidden buyers yep if I see the tape is red but it's holding up and I see a hidden buyer that's when they'll do be very likely to do a dip trade I definitely see that as a sign of strength no pollen I haven't used that first five minute candle to make a new high would be back over twenty four ninety three seems like it's basing out a little bit the hi back there is 24 50 let's see whether or not it wants to break 24 50 I belong 24:54 a starter for the breakthrough the first five-minute and Allah making you high it's a little aggressive of an entry that's why it's only a starter over twenty four fifty or sorry twenty five would be my add the first five-minute candle to make a new high so the high right there is 78 so actually 78 would be the ad spot right now we're getting a little consolidation right underneath the five-minute break out on whimmy watching 78 adding at 70 so looking for this to squeeze up to 75 85 and then up over 25 there we go now new order goes at $26 first 5-minute candle is made a new high with a high of 25 50 over 25 50 as an ad for squeeze 226 let's see if it holds this level here adding it 25 10 seems like it's holding $25 still looking for this mmm watching hi 2550 sold oh gosh that looks like see that's a hidden by earth as a hidden buyer there twenty five let's see if it holds now I got faked out the hiya day is 2657 so that was that hidden buyer there but of course on this type of stock I knew it could drop you know fifty cents so I sold and at least was green but alright so now where do we get back in the high there was twenty five eighty so maybe over 2584 a squeeze through 2650 is it gonna hold down here at 25 it's back down at this twenty five dollar spot looks like it might break I'm taking along here I'm buying the dip off of twenty five dollars looks like it's holding this level we've got the hidden buyer right there so I'm buying and now looking for this back over twenty five fifty and then I can add through twenty six so I'm gonna be holding and looking to add over twenty five fifty again as long as we've got that hidden buyer there I'm okay with holding looking for twenty five fifty for an ad still holding still holding not selling still holding still holding looking for a squeeze now up towards thirty dollars still holding full size not selling looking for the break of twenty seven and a halt 27:22 so watch here over twenty seven dollars there we go selling three quarters into the hall and holding the rest at twenty five dollars and nine cents it's pretty good I don't want to hold the full position into the hall just because you know the last couple times it's popped up it's it has failed so I'm gonna try to on the resumption look to do a dip trade even if I wasn't already in I would like to do a dip tray on the resumption and I'm still holding but you know dip trade on resumption and then look for a squeeze up to 28 maybe 30 we know our pre market high he's up at $39 so we still have a little ways to go but what do we have highest volume of the day on this green candle halt of going up it's a good set up and you know coulda woulda held the whole position out of the hall well what if this ends up you know what if it opens at 26 but I'm gonna be like gosh darn it why didn't I sell half a 27 take a little profit off the table so I took some profit off the table I'm sitting up 776 thousand right now Tesla not a bad setup it's holding the volume weight average price but too expensive to trade outright stock would be a better one for trading options I would think trade the stock on it would just be tremendously expensive and hard also just because the level to is I mean this is a level 2 of Tesla look at these spreads I mean it's it's so it's very hard to watch the level 2 on a stock like this so this gets to the spot where you say you know I'm not going to really use the level 2 I'm just gonna focus on the chart pattern and I'm going to use the options chain so my general rule of thumb is that I walk away once I start losing money so as long as I'm still making money I keep trading but if I start to lose a little bit that's when I walk away now that's a kind of tricky rule because you want to make sure you don't lose too much before you decide to walk away but I you know I mean on stock like with me it wouldn't be impossible for me to lose you know four or five thousand dollars on a trade that goes the wrong way wouldn't be impossible at all so you know if I as long as I walk away with at least fifty thousand dollars today that would be fantastic that wouldn't even leave me room to lose twenty five thousand so I don't want to lose that much but I've got I've got a big cushion on the day so I don't want to reverse my charts cuz this is the way I look at them this is how I use them I could move my video over here though so yeah coming up towards 100k on the day 25,000 to go that's still aways but might be able to make it happen see so the whole time was 24 16 resumption will be 29 16 so that Tesla pattern very nice back over 1750 1748 look for a move back towards the high but again when you have that kind of blowout candle where it just rips up like that it doesn't always reach go all the way back to that level and that's kind of a problem that we have with with me as well we had such a big move earlier I don't know if we look it back that high but we do have increasing volume more traders are clearly jumping into this I have a cushion on it so I'm starting to be a little more aggressive myself watching for resumption here I'm still holding at 2509 a quarter of my initial position and I'm gonna look for a dip trade so the halt was 27:22 it looks right now like it might open just a little lower I'm gonna sell the rest and let dip down and over 2750 I'm adding back a 27 right there looking for the break through the highs so again trying to be aggressive on this looking for the squeeze up to 27 50 and then 28 still holding 28 selling 2790 new order goes at 28 I'm gonna buy a dip watching adding they're buying the dip for the break through 28 there's 28 48 looking for 29 over 28 50s an add watching adding their 28:40 looking for this to squeeze up through 29 so again just trying to buy these dips for the move higher still holding looking for this to pop up through 24 24 50 some big buyers on the level - that's what we like to see 13,000 share buyer right there now we don't know if that's a short seller getting squeezed out or you know what that is but okay so high is 28 66 new orders 29 looking for dips adding their 2866 trying to buy this dip for the pot back up to $29 stopped out for now 28 20 a 80 thousand on the day I'm gonna let it pull back for a second we've got a high of 28 what was that 2886 now it's a flash down right wouldn't surprise me if it halted going down halt level going down to be 25 20 25 15 this is kind of what this one does it rips up then it flushes down so there was an opportunity to do a dip trade on it but I was not as eager because I thought of the potential that it would halt going down so these stocks ne te and women either are available to borrow too short so I wouldn't be able to short either of these even if I wanted to so it's just not an option it's just not an option too short even if I want to so I can only trade this one one direction and I don't know if it's a would have been a good one to shore it I mean nothing that you haven't had some nice drops here but if you guys go in the wrong direction so what's the level hi this last candle is twenty eight twenty so back over twenty eight if it breaks over twenty eight and then through the hive 2850 watch here look for twenty nine watching adding long we're gonna ride this momentum up to twenty nine fifty this is just irrational strength right now that you're seeing dip trades I'm gonna add watching for dips to add because what I want to do on this is ride the momentum up to thirty bucks so I'm holding I'm gonna let it dip down and then first one I'm gonna camel to make a new high over twenty nine it's an ad for the move up to thirty so watching this over twenty nine dollars a little choppy right now still holding well I got 2,800 shares this is a one-minute pullback underneath the high watch 2850 2860 2870 low down here is about 20 watch hands on the buy button for an ad over 29 and then rip up to 30 adding right there for the breakthrough 29 selling half 29:43 new high is 2950 so I sold for right now I'm gonna look to do dip trades on it hi is 2950 I want to try to catch dips off of 2750 so I'm watching this area here to see whether or not I can get another dip big green candle but a doji on the five I was twenty nine fifty looks like some hidden buyers down there around 25 sorry 28 is 2950 looking to add watching I'm looking for that curl back up over 2850 so I want to add around well if I can get getting around twenty seven fifty that would be awesome watching over twenty nine is along orders a twenty nine watching so the high a day is 2950 I'm gonna put an order 20 950 watching right here this is consolidation right underneath 29 I'm long buying a twenty to twenty twenty eight twenty two and then I'm gonna add over twenty nine trying to buy this dip adding their twenty nine looking for this to rip up through 29 and then twenty nine fifty and then squeeze back maybe towards thirty dollars still holding looking for it to break over twenty nine orders of 29:52 add this right now is just consolidating right underneath the highs watching looking for my ad through 29 and then 2950 got 2875 on the ask still holding will dip down I mean generally I don't want to get stopped out only for it to pop back up its back to 2850 2875 right now now if it rips through 29 it's gonna make the RIP even more powerful because of that little false false break out there or break down there you go so will we see 2950 I took profit into that break but still holding 650 shares looking to add on tips watching around 27:54 a dipped rate watching down here watching hidden by her I'm long just bought that dip looking for this to pop up back through 28 there's 78-75 sold it 58 for now of 83,000 so it's definitely a little bit of a struggle up here it's churning it's a little top-heavy so I'm up 22,000 on whimmy and 59,000 on NE te so 83,000 186 on the day and it's 10:40 this is pulling back a little bit more I'm gonna watch this down in this area so it's giving these kind of flushes of like 25 30 cents like right there it was at 2650 and then food down to 26 20 and when I took my dip it was at 2750 men boom break on 27 oh sorry I didn't realize where that was there's the piano 26:50 or 27 so again it's it's flushing a little bit on some of these dips which makes me a little nervous but then of course on some of the breakouts it's really ripping and opening up quickly nice dress a good job so for those of you guys who are making some money today feel free to post in the chat feed or post a screenshot I don't want you guys made Sean 3500 nice I know a lot of you guys are trading in the simulator which is exactly what you're supposed to be doing prove you can be profitable a simulator before you trade with real money test slow moving a bit higher which is good to see let's see Wow Joseph so Joseph has realised twelve thousand seven or forty dollars but he's still holding a position here Danny hunter bucks on it but still that's really good Chris let's see well I've trading fifteen trades okay not bad good good good lesson and it's always you know when you have a loss and can turn it into a green day that's always a good thing whoops ok good job I'm not sure what the total profit is but that's good sim trader here nice good work 10k in the sim nice 1,300 bucks good job good job so yeah you know in the simulator obviously you can sometimes do things you wouldn't do with real money and so you have to be mindful of treating the simulator like real money and the fact is sometimes you'll do something a simulator feel totally comfortable doing it like hey buying Tesla here it's a nice setup but then when it comes to actually pulling the trigger with real money or like and so you kind of a certain point obviously once you've proven some base level of confidence and profitability in the simulator you want to start putting real money out there even with just small sized a hundred shares or ten shares just to start experiencing the emotional kind of downs that come with pulling the trigger with real money so this has a high here of 2950 and I saw my order at twenty nine fifty so I'm gonna be watching and women for possibly another trade here cuz it's obviously holding up pretty well I mean it dropped down there but it did bounce back up high this five minute candles 2860 so let's see what level it holds is it gonna hold twenty eight so I've got a starter on whimmy right here and I'm looking for the first 5-minute candle to make a new high so the first 5-minute candle to make a new highs back over twenty eight sixty so my orders gonna be a twenty eight I actually believe it at twenty nine fifty so watching women for an ad here and then a rip up through 29 I'm holding and I'm looking to add over twenty eight fifty adding there 2850 looking for the break of twenty eight sixty so I'm trying to be a little aggressive on this one here because first five-minute candle to make a new high so I'm gonna hold through this 5-minute consolidation looking for this squeeze back up to thirty dollars this is a strong setup it's a five minute setup and we've got the one-minute consolidation here right under twenty eight fifty so we've got multi time frame alignment so even if it dips down I'm still comfortable holding because now I've got the confidence of the five-minute chart so my next ad is gonna be over 2875 watching 2875 then for the breakthrough twenty nine still holding just letting it churn here for a second under twenty eight fifty this is a one-minute micro pullback so watching forty six adding there I'm looking for that break through the highs I don't mind holding again through pull backs I'm looking for that breakthrough 2850 $28.50 and then a squeeze up to twenty nine still holding I'm gonna give it a second to dip down and pop back up bounce trade off twenty seven possibly still a good five minutes setup even though the one-minute has failed so looking for this back over twenty eight and then twenty eight fifty one of the challenges is when you have a really good five minutes set up then you know you don't always want to stop out because the one-minute fails because then the one-minute comes back up and you're like you know why did I bail out of that the five minute still looks good alright the five minute right now still looks fine we're still waiting for the first five minute candle well we made a new high by seven cents but we're looking for it to break through at sixty seven level up through seventy five eighty so generally I try not to get shaken out I buy tips if I can and I just give it a second to continue to consolidate so the logo that pullback was twenty six ninety three we're sitting here 27:25 again looking for this back over twenty eight fifty through twenty nine and then I would like to see 2950 2950 is 29 40 is the high so that 2728 for the first one minute candle to make a new high for that move back up towards 2850 it's 59 on the ask first one minute to make a new highs park over around 28 so 5-minute consolidation here looking for the five minute to break out it's kind of it's sort of similar to a Tesla chart in that it's a nice five-minute setup Tesla was more of an ABCD pattern whereas this is a bull flag a 5-minute bull flag so this candle first woman you can we make a new high is back over right now looks like around 28 67 by 79 there's 28 my orders at 28 50 so again just letting it consolidate in range here it's got a break over 2850 and then look for that move up to 29 I have this candle is 28:25 hi if this one was 67 so the hi this five-minute candle 67 I'd like to see a backup over twenty eight fifty this is a one minute ABCD pattern vuz I so generally I don't like holding through this kind of consolidation the low back here was 2693 I'm just taking my loss on it at 27 65 I can always get back in but the problem is you know the longer I hold when it hasn't broken out the more I'm risking it becoming a big loss the longer consolidates without failing you know the stronger it looks but he's just measuring that risk and reward all right well we're coming up to 11 a.m. so lemme maybe it'll be more in it I gave back guess I gave back a little more than I realized so sitting up seventy four thousand was up I think 83 84 but that's alright so that's a good time I'd say throw in the towel so eight nine thousand dollar loss pull back so overall again kind of go back to the top from this morning lead and gapper Ecore eighty-six million shares of volume without almost a thousand dollars of profit on that pre market I was a little hesitant on it just because it did have a an active s3 shelf registration I took a trade on the first five-minute camel to make a new high right here it only broke my five cents I got out and then it failed and it never really gave me another opportunity so just one trade on that with twenty thousand shares any te was a pre market trade that was a little risky initially because the volume was light but I took smaller share size on this breakthrough fifteen and it squeezed up to fifteen fifty six and up to 16 and up to sixteen thirty eight nice pullback here and then I move a little bit higher up to seventeen I was up on this probably eight or nine thousand before the Bell had rung we actually maybe more I don't remember looking maybe I was a little bit more because of that move right there and then again a pullback kind of a squeeze out of the gates nice dip trade it popped back up but it didn't end up holding that level super super well failed came back low then back up here to 18 micro pullback and a rip up to nineteen false breakout on the one minute and then since then has been coming back down fifty-nine thousand dollars of profit whimmy I did have 22,000 of profit this was a trickier one to trade though tire price the spreads are bigger my last trade on it was where was it getting long the break of 2850 which I guess was rate right here it then flushed down I held through this consolidation or until I guess here so it dipped down here it popped back up I gave it a chance knowing that the five minute was still a bullish five minute pattern but eventually I just said I got to cut it and I had 10,000 shares of that so I lost I guess about 60 70 80 cents a share 8,000 bucks and with that went from being up 83,000 on the day or maybe a high of 84 to only 74 but still a really great start to the week eating 74 thousand dollars is fantastic I was up about a hundred and sixty thousand or so on the month before today so now up about two hundred and thirty or so thousand dollars on the month it's a really great month this is obviously it's we still have a solid let's see 14 days left in the month I think yeah it's still 14 more trading days in the month so you know a couple more a couple more days like this and I might build across half a million dollars on the month or maybe even more I felt today that I had a chance at hitting a hundred grand and I did start to get aggressive obviously with that 10,000 share position on that trade looking for that squeeze up to 32 or higher but we didn't get it and even on any te while we had some nice action it's now gotten a little weak so my hope yesterday Sunday as I was kind of reviewing whimmy was that this would give us kind of spark the next round of momentum and you know today seventy-five thousand dollars seventy four thousand is a pretty solid day it's not bad at all but you know it's not the hundred thousand dollar plus days that we were seeing in June so in order for me to have a hundred thousand day you know I would have needed this doc to you know ripped back up to 32 35 36 and back to 39 I would have needed any te to rip up towards that daily resistance level that it had they're $33 wherever it was so short of that you know for me to really have big green days I need a stock that's ripping up 10 15 20 dollars a share I mean you could make a hundred thousand if you bought 30,000 shares and a stock went up you know three and a half dollars a share but it's you know it's that's a huge position and to hold for the whole move is really risky so for me I'm or need something that's gonna go up 10 15 20 dollars a share where with maybe 10,000 shares I can scale and scale out scale and scale out and grab that that profit so anyways good start to the week nice momentum seventy four thousand five hundred sixty eight dollars and 26 cents I think some of you guys did pretty well today as well I could stick around you know I could I could sit here till four o'clock in hopes that maybe women does a big afternoon move like it did on Friday but the fact is I'm gonna start to get decision fatigue you know trying to sit here and stay focused hour after hour after hour I'm more likely to make a mistake and you can see how not that this last trade was a mistake but how potentially you know one sort of error in judgment and thinking something was strong when it was really weak you know could cost me 10,000 bucks I do that three or four times I'm really giving back a lot of profits so I'd rather say I'm gonna cut it here giving back ten thousand off the top and be happy with seventy four thousand in my pocket rather than try to make back the ten and try to get myself back up to uh you know a hundred or something like that when the odds are probably better that if I went for that I'd finished the day lower than where I'm at right now here today alright so again thank you guys for hanging out with me and tuning in another good day school has been in session and right here starting at 11:00 a.m. summer school is going to begin so you guys can switch over the warrior pro room of Mike and he'll be running summer school here today all right so I'll see you guys first thing back on it tomorrow morning 8:45 9:00 a.m. something like that with our pre-market watchlist and hopefully you know we'll have something maybe they did give an afternoon squeeze and we'll be continuation for Tuesday going into tomorrow all right that's it for me I'll see you guys first thing tomorrow morning everyone

Channel: Warrior Trading

Views: 128,027

Keywords: day trading, day trading strategies, trading strategies, how to day trade, beginner trading strategies, momentum day trading, stocks, trading, how to trade, stock trading, penny stocks, pdt rule, shares, float, volume, candles, profits, Wall St, finance, brokers, Ross Cameron, warrior trading, day trade warrior

Id: eDcHPAhJAqU

Length: 138min 54sec (8334 seconds)

Published: Mon Jul 13 2020