LIVE Day Trading Morning Show

[Music] all right good morning everyone so it's about 8 55 and today is going to be the last morning show of the year and uh next week i'll be uh taking a break on the morning show we've got a number of students that are joining the community this uh this week of course with trader rehab starting uh today at 11 a.m and then we'll have another trader rehab session uh monday at 8 a.m so next week is going to be focused on students who are part of the warrior pro community so those over on youtube you can expect that you will not see the broadcast next week i will do recaps as i'm able to but um there will not be morning show broadcast so just fyi on that so as i sit here this morning uh right now i [Music] i haven't taken any trades yet i'm all cash you can see my positions window top left corner so just sitting tight right now i've got my eyes on the gap scanner and the momentum scanner so ntrb was our is our leading gapper it's up 53 and it hit a high here of 624. you could see this false breakout candle uh but you know right there at 845-ish it sort of popped up dropped back down so a little bit choppy on this one a little disappointed but you know that's that's sometimes the way it goes so um [Music] we'll see whether or not this opens up a bit more 631 ntrb level 2 is a little bit more ethically traded so the high here is 24. i'm going to take a starter there and let's just see if this it looks like it wants to go through the high so i'm going to add at 45 and let's see if we can get an ad at 55 and 65 on this so holding full position not selling yet looking for the breakthrough 55 and then 65 watching a dip break through the half dollar added there 47. so on something like this um i want to see if we get the breakthrough 55 and 60 and on a one-minute pullback gonna move up towards seven dollars so let's watch this here put an order at 55. come on girl this is a one minute pullback here under the half dollar so we want to see the break through 49 and what i'll do i'm watching that uh seller at 49. so i'm gonna look to add at 49 as that seller thins out for the quick break over the half dollar not too much slippage on this one for me execution seem pretty good 6.39 million shares of volume it's our leading gap we're up 64 we've got the share buyback catalyst which is good so looking for that first one-minute candle to make a new high there you go so there's 49 so what we want to see is the break of the half dollar fifty there's forty nine there's fifty one so holding nine thousand shares still watching for a dip added at 36 spot the dip see if we retest the 50 level there's 45 holding 4 000 shares we hit a high there just a 51 it wasn't a clean uh break so down to 1400 shares watching for a dip the low of this candle was 26. the high here is 51. only 51. it's a little disappointing new order 55 added at 49 and then when it couldn't snap start taking profit still holding 1400 shares watching for a dip added at 34. so now holding 5400 shares trying to actively trade this range i want to see if we can get over um six fifty five so hold it back down to fifteen hundred nine am news yep let's watch for nine am news watching the high day momo scanner if something starts to pop up that's where i'm going to see it so these are the tools that we use ntrb up 63 percent news on watching here for add back orders at 52 added there for the break back over 50. nice next add 57. so at in at 50 profit 54 then 57 for the next ad added 54 to break 57 anticipating that level so it is starting to curl up a little bit more which is good this is what we like to see watching for another dip off of 49 and then the break through this level 55 and then 57 to see if we start to pull away a little bit i i was hoping initially for a break of 50 and move up to 75 and then up to seven dollars i don't see any other news headlines at 9 00 a.m so this is still our focus watching added 46 on the dip there for the pop back up over 50 now looking for 54.55 we want to see it hold there we go so now looking for 60 for an ad watching 660. we've got 50 on the ask 52. let's see if we get 60 8 000 share buyer down there it's a little sluggish needs to pull away and open up a little bit more it's up 67 percent back to flat for now get back a little bit on that trade got a high of 58 but it lost about 800 bucks yeah yeah just about yeah uh thank you for those tuning in on youtube would love for you guys to hit the thumbs up if you're not already subscribed hope to hit that hit the subscribe button as well uh this is marginable yep on for my platform it is i do have margin on um ntr b added at 42 on the dip there so trying to buy the dip as it curls down that's a 5 000 share trade just dip entry back out it's easier to move in and out on dip trades like that with smaller size doing that same trade with like 30 or 40 000 shares would be hard but 5 000 shares is not a big deal i was hoping that we would see some maybe breaking news but we haven't gotten any uh just yet so for 9 a.m so that candle is the top at 58. i'll let it pull back for a moment so while it's pulling back those on youtube reminder that if you would like to join us for the trader rehab course at 11 a.m you'd have to join and become a warrior pro student sometime between now and 11 a.m all right so you've got two hours to join uh we will be uh starting right at 11. uh we've already got the live classroom uh open so i'll just switch my broadcast over to that room and uh so when you log in you'll scroll down here to live classes and then you can open that room that's where we'll be teaching trader rehab all right so we've got uh a big kind of uh you know class that we're going to be teaching and an exciting year ahead and we'd like to get it off to a good start so that's why um next week i'm going to be taking a break from doing the morning show while i focus on our students who will be in their first week of trader rehab and i want to make sure that we try to get 2022 off to a really good start so i will do recaps and we'll upload those to youtube we didn't hit a million subscribers by the end of this year which was the goal for me to do a small account challenge in january so i don't have that planned right now but uh i will do another small account challenge at some point it's just not going to be starting on monday so monday will be trader rehab which is exciting i'm looking forward to it this is a little extended here i would be a little cautious uh this would be a smaller size type of trade because the five minute is premature it's a little bit of a premature breakout on the five minute so we'll watch for another pullback and then if i can get an entry on the next dip drawing ascending support right down here all right so it's nine uh just about 908 um still a little premature we've seen some sellers stacked up on this okay sorry uh let's see let me look ntrbw the warrants yeah a little bit lower price not moving too much yet but um so this is our yellow ascending support line it's crossing it's right around 46 right now so honestly on the five this could easily benefit from a pullback to the nine moving average you've got a seller there at 55 it could be a profit taker it could be a short seller it's hard to know so in this area will i like i said i'd prefer a pullback on the five but if it just wants to be strong then we'll just trade with smaller size until we get a better risk reward ratio so that candle is watching the tape seeing red on the tape starting to pull back again and then there's the break yep so bought it 56 next ad 65 and 75. this one doesn't want to wait so let's see if we get that move up towards seven dollars added at 65. there's 70. holding 9000 shares which for me is smaller size there's 73 wanting to take profit into the move and then adjust for the next trade the high this candle is 73 new order is 75 so this is a five minute breakout although it's a little premature we'll watch the first one minute pullback following the fresh breakout and at least this leading gapper does have news true it's a 4.6 million share float and they're doing a 1 million share buyback so actually it says 7.8 million share flow so it's but in any case it's still a really good buyback high is 73. so watching the tape taking a little more profit at 71 waiting for the one minute pattern to form new orders at 73. is it one million one million dollars in shares thank you for that correction uh one not one million shares one million dollars in shares that's that's important that's definitely different added there 72 next ad will be 80 for the break of 85. added there 80. i'm wondering if we get a move up towards seven okay so now we're starting to pull away next add is 88 added there at 88. then i'll look at 95 and 96. adding as a momentum trade our ad as it squeezes higher and i'm looking for that break of seven this is the one today it's up 75 percent 4.6 million share float it has news so this is the one to be focusing on watching for an ad over 690. there's 88 there's 90 added there at 90. new order goes at seven dollars now what i want to do is i want to give it a chance to break through seven and then be adding aggressively 710 705 708 710 because it pulls away from seven getting a move up towards uh 725 and 750. so right now it's just a hold and looking for my ads through seven and then 705 710 hi this candle is 95. watching for ads there's a bid 85 good buying the dip at 88. so i'm looking for the break through 95 the 97. there's 93 holding 6800 shares for right now i'm going to readjust new order at seven dollars and 10 cents hi this candle is 94. the pullback there was 81. holding 3400 shares warrants i have on another chart ntrb warrants volume is lighter and we would need to see the stock break through seven i think for the warrants to make a bigger move so just something to be mindful of there i prefer to trade the stock but occasionally we'll trade warrants average is 77 200 is 9.88 added to 85 and 86 looking for the break through 95 watching the first one minute candle to make a new high added there at 93. we'll add again 97 adding at 98. so now looking for the squeeze through 7 the next add 705 708 see how volume is coming up here watching for 705.7 adding there 708 now starting to size up for the squeeze to 715. so this is looking good next add 710 added there 709 for the break of 710 now looking for 717 720 as we pull away from this level holding 20 000 shares diptrade added 704 high volume on this candle watching seven fifteen holding sixteen 000 looking for the breakthrough 715 back to flat for right now 701 watching a dip at seven four thousand shares next add seven ten so we did get the move there up to seven fifteen but it was a topping tail my average is seven next add 705 add it again at seven eight thousand shares there's a bid at ninety seven reclaiming the whole dollar of seven is important up to 16 000 shares looking for the break through 7 10 and 7 15. watching the first 1 minute candle to make a new high over 707 bid at seven up eighty percent ten million shares of volume we're holding seven added at 702 there looking for the squeeze through 708 710 on that first one minute candle to make a new high 15 000 share buyer at 7. watch 06 and 07 there's o5 on the ask so what i like about this uh is that it's up 80 percent it's our leading gap or it does have news it's a price range where i can trade aggressively the volume is good so what we want to see is the breakthrough 7 10 and then 7 15. is there 705 706 707 thousand three hundred shares into the first candle making a new high stalling out a little bit watching now for dip entries we'll wait for a five minute setup nice on the warrants that they're up a bit as well so this candle did close green on the five minute we had high day volume on the breakthrough seven our high was 717. uh the only problem on a stock like this for me compared to isig is that my commissions will be higher because at a lower price i can afford to trade more shares and so i of course do with a higher price stock like isig a full-size position well i did take a few big positions on it but generally the positions were you know 5 000 8 000 10 000 shares rarely exceeding that ntrb dip trade at 78 there why 20 moving average on the one minute chart so see how it taps that blue line that's the 20 moving average as a technical level so 8 000 share dip trade watching for the break through 85 there's 84 85 nice trade up to 89 not bad nice dip trade of course taking profit on the way back to 90. about seven and a half minutes to the belt um i'm not sure that we do brian i'll have to look it's just not something i've spent a lot of time focusing on so i don't i'm not sure that we do um so those on youtube especially i want to remind you guys of our new year's sale that's going on right now you can become a warrior pro student today and if you join today you can attend our class that'll be at 11 a.m which is trader rehab we'll be getting uh be beginning trader rehab at 11 a.m we'll teach it until it's finished and then every monday through the month of january we'll be having trader rehab sinks at eight a.m with ted he's going to help you guys get focused for the week ahead discipline that's what's going to be about for a lot of you guys is discipline now as i mentioned yesterday for some there's going to be more of the mechanical issues related to um trading and it'll take some time to work those out if it's getting better at the computer getting the right software getting the right internet connection getting right you know whatever something like that but for many it's it's emotions and we know that i mean i don't know what percentage of trading is skill and what percentage is emotion i guess there's no there's no hard number on it anyways but uh emotions are important they are really are and so i want to try to empower you with the tools that have helped me in my trading there's no guarantee that it's going to help you i have to say as always my results are not typical we don't track the typical result of a student and so i'll just say that we have no reason to believe a student will be any better or worse than any uh trader on on average or traders at a whole so you have to assume that as a beginner trader your risk of loss is high you shouldn't trade them money you can't afford to lose now if you are wanting to learn more about my strategy this is a great time to learn and one of the reasons i do share my results is because it's important that you know the person you're learning from is qualified and it's credible and i am i have my broker's statements posted on the website at the end of each month so december will be posted in early january you guys will be able to see that and um i'm hoping that we can have a a really strong year in 2022. so we're going to try to get it off to a good start as a reminder something we'll talk about a lot one trade a day it's the small account way but even for traders with larger accounts so what i want to help you do is formulate a trading plan i'm going to help you do it you have to do it but i'm going to help you empower you with the knowledge of what that should look like so we'll be doing that today i want you to work on it over the weekend and then implement it on monday morning now some of you are still in the simulator and that's okay and for some that is absolutely the right place others are trading with real money and that's fine too it's wherever you're at but we're going to start the new year all in the same place at zero so let's try to make it a good year and those on youtube who want to join us you can save 40 you can see right here and also you get a 14 day money back guarantee so you can trade with us for the first two weeks of january and see whether or not you like it if you don't like it then well you you got the first two weeks you'll get whatever you got from it uh you'll be able to attend trader rehab i hope you enjoy it and if it's not a good fit it's not a good fit it's not a problem three minutes to the bell all right so final morning show of 2021 coming to the end of what has been a pretty incredible year my metrics on the year not including the last few days about 4.1 million in gross profit average daily gain about eighteen thousand dollars we'll see if i can do it again next year i did a little bit better uh in 2020 oops so 2020 was about 5 million so i did better in 2020 and maybe i'll do a little better in 2022 maybe i'll do a little worse honestly doesn't really make a huge difference the difference between 2.5 and 3.5 or 4.1 and 5 i mean it's either way those are great years nice dip there off the 20 moving average again added back there at 88. i'm gonna start to time this for a trade through seven into the open next add is 98 for the break of seven watching 97 added at 97 and 98 so looking at that breakthrough 7 then 705 holding right now 16 000 shares a little profit at 701 happy to take a little profit from the 89 entry we've got one minute to the bell new order at 708 watching a dip added at 93 and 96 to buy the dip 30 seconds to the bell and on this one i'll be looking for the breakthrough 708 and up to 717 halt levels will probably be up in the 750 70s watching for the ads adding there 702 705 708 into the open and then i'll add again 715 [Music] so watch here for the squeeze up to twenty five seven thirty adding there seven seven ten there's 708 holding 11 000 shares bought the dip at 85 for the pop back up to seven actively trading the range holding 3 000 shares sold the rest 707 a little chop at the open new order goes 7.25 so hitting my daily goal there right into the open i had wished it had squeezed through 7 17 but i'm happy to be starting the day green ascending support right here that's what the dip area right there in the 80s added at 97 small size profit 704 new order 710 ad 705 10 000 shares looking for the red to green first one minute candle to make a new high watch over 7 10 7 15. so the red to green on this is going to be through 706 and then 710 halt level is 770. hi a day is 7 14 watching for an ad over 708 79 for the first one minute candle to go green it's holding seven well no back down below watching dip at 95 bought the dip still looking for the break through 708 and then 710 watching the first candle to go green there's 702 703 so let's see if we get that ripped through 7 10 7 12 7 15 and then we'd be through the pre-market highs this would be an opening range breakout type of trade ascending support is about 85 so i'm comfortable dip trading off of that level and i'm comfortable adding through 710. when i see that burst of green on the time and sales adding there five there you go so see how you start to see that green see how high it goes well only to 710 new dip trade added at 77 bought the dip again nice dip trade 77 my average is a 79 that's a great dip trade i'm averaged in at 79 right now hotkeys so this one is showing a willingness to do false breaks stop breakeven on the rest for those on youtube i'll put up my disclaimer here again just as a reminder in case you didn't already know the trading is risky most beginner traders do lose money so i would encourage you not to trade money you can't afford to lose i just got stopped to break even on the rest and to practice this simulator before you put real money on the line i'm going to move this down here so i'll stream a little longer today on youtube and give you guys a good uh a nice finish to the year i would love for you to hit the thumbs up those who haven't already looks like we've got about 700 thumbs up so let's see if we can get that to 1500 thumbs up here going into the open right through the through the opening range diptrade 6774 just buying dips and then looking for 10 cents off the bottom so if i can get this up to 78 and 80 that would be a nice dip trade where the 9 moving average on the five-minute chart see if we pop back up over 80. just adding small profits and then it just stopped to break even still have hope for red to green but i'm not sure we'll get it if anyone else sees something worth watching let me know so this made sense to me being the leading gapper isig i see it but it's not high enough on the daily i would have wanted to see it up around 30. 28 to 30. it was close this morning you did get a move here up to uh 2817 and it was nice micro pullback right there i watched it and i let it go without me but it's okay get the next one the short interest on is still pretty high but syta well so this one you can look at the chart it's hitting the scans the problem is that big pop and then how much it pulled back so sometimes i will jump in things right off the scanners i don't think today is going to be one of those days at least on this one xers george yep right at the 200 though right at the 200 moving average um yeah to answer that question on youtube it's 35.98 for a year of access warrior pro it gives you all access access to all of the classes starter small cap large cap active investor swinging options ira live trading archives mentor sessions gives you a year of access to the chat room the scanners our news feed daily mentor sessions monday through friday our support room so you can ask questions so this is a it's a membership and this is a community you have access to at the end of that year if you'd like to renew we do renewals for our pro students it's about a 50 discount ntrb so let's just see you got that that was what i wanted that red to green but will it hold so that probably squeezed out some short sellers as it popped they're up to 27 but then back to seven so i missed that one so they'll go with or without you right sometimes you'll miss the trade and if that's the case that's the case but i guess i think i missed that one now one of the things that i got into trouble with yesterday was i missed isig's uh rip at the open then sort of got in immediately on the first pullback and then it flushed so it i have to be a little careful in this area i just mark out the hive 27 but it's a you know red candle on the 10 second chart it's a topping tail so not my favorite pattern i want to check sopa on the continuation scanner that's pulling back too much well glanced at the warrants on ntrb but then they pulled back a bit so right now it's got this sort of top at 15. i put my new order at 20 and let's just see added there at 15 it seems like it's holding so next ad would be 18 and 19 watching to see if we squeeze through 20 added there now next adds 27 this is ascending higher it's up 85 percent now added at 27. now looking for the breakthrough 30. holding 7000 shares there's 30 taking some profit 33. okay so we're opening up a little bit more this is going to squeeze out some short sellers as it pulls away here added 38 next ad is 45. let's there we go that type of move is squeezing out short sellers that's exactly what happened right there i'm holding 2600 shares the halt level is 770. up 96 percent so a little bit of a short squeeze there so did you see how that started to pull away you hear me talking about pulling away so it popped here up to 27 it pulled back then it broke 15 it kind of kind of was a little sluggish there hit 27 it kind of dipped for a second and then it went to 35 and now at new highs it pulled away real quick on that candle up to 62 and then up to 70. it just really started to open up and that's obviously what we like as a momentum trader syta is on the scans moving a bit higher the halt level's at four this one i think i've missed a bit so we'll just have to keep it on a side chart ntrb warrants i'm not sure hot level moved up to 407 on syta so trading in and out of halts yep this is something that you'll see me do a lot right now we're showing a resumption of 780 so it is resuming a little bit higher so this is the small cap trading course and i'm going to search let's see out of halt so buying into or out of a halt this is something that we talk about a lot we've got a chapter chapter eight technical long set up seven buying into or out of halts it's important to learn because when we see super volatility there's halts and so learning how to trade and out of halts is critical so my plan on this one right now holding a smaller position will be to watch the resumption price new order moving up just above the resumption price and then watching dips and rips high of this candle 770. i do want to try to mitigate my risk a little bit i was trading with a larger size earlier but that's when it was not as extended as it is now this trade here because it sort of happened so fast i didn't get a chance to take big size on it um i got 20 000 shares which is decent for me but you know a 40 50 000 share position would have been a lot nicer but you know it it just wasn't possible it happened too quick so the high there 770 showing a resumption right now at eight dollars i want to see i'm gonna be watching the level 2 very closely watching the tape i want to see whether or not we have bids is it is there a hidden seller how does it look on resumption because we've also seen resumptions where it you know pops up a little bit and then fades and of course we can get halts going back down as well so these don't just go up forever they do reverse right now we're right at 96 percent gain on the day on the resumption we'll be up over 100 percent are there resistance levels on the daily that we need to be aware of not really i mean maybe a little bit there at 8.50 and then definitely definitely though at 9.94 because that's the 200 moving average so i'd say at this point the 200 is sort of a an obvious wall i i don't think this is going to be able to break through the 200. so if someone was short maybe they would say well maybe i could hold to the 200 but that's 984 and it's hit you know eight dollars right now so that's a ways away showing an 803 resumption 805 right now 23 million shares of volume so we have about uh 15 seconds to resumption if it's a five minute long halt um you're right so this is a thing i show the 200 at 11 84 at 11 15 as well when i open up my chart a little bit more so actually we do have a bit more room there new order goes at 11 uh sorry 8 um 25 watching added there 25 now looking for the squeeze up to 850. so this is the first dip watching 8 35 and 8 40. my average is 8 13 right now watching 8 27 for the next ad bought the dip off 8. we've got some support down there psychological support now we want to see this squeeze through 8 25 and 8 30. there's 37 next ad is 40. back to flat for now let it pull back the high was 39 new order goes at 40. a little choppy up here so adding there 25 now next adds 30 of 35 40. i think we're gonna get a very similar breakout that we had before through the half dollar adding there at 45 next add 65.75 for the squeeze in the next halt yep watch up 75.85 halt levels 9 added right there at 88 holding 17 thousand shares watching for the break of nine diptrade added it at 95 for the squeeze up to the next halt level so i'm looking for the squeeze over nine dollars 908 halt level let's see if we go into another halt on this there's 86 on the ask looking for dip trades here and then the breakthrough 9. added 81 looking for the squeeze through 890 that was almost the exact same as what we had before a nice break right there there's 90 on the ask 85 on the bid back to flat that was a nice one so that one i traded aggressively high is 98 new order goes at nine dollars it was the pulling away right here through 39 for the break through the half dollar so the problem now is that we're a bit extended on the five minute chart clearly if we break over nine we should see another move added at 72 and 81 there trying to buy the dip watching for the break over 90. added 94 next ad is 98 looking for that squeeze through 9 there's 9 10 always want to take a little profit into the break and then add back is 9 15. it looks like a premature five a one minute breakout my average is 83 back to flat a nice trade high of this candle is 9 10. we're up 125 percent this was our leading gapper this morning on the top of the gap scan gapped up 80 percent with news now it's up 123 percent so the high there is 910 that's the level that would need to break i'm not sure that it will because it's a little extended on the 5 so what i'm going to start doing is reducing size a little bit and keep actively trading it but pull the size back down in case we start to get false breakouts even this right here was a false breakout up to 910 but it couldn't hold over nine max nice 13 000 bucks good for you man i'm proud of you that's a great day cigar up 4200 good for you that's a good day you know i mean it's important to try to keep a level head with uh your gains try to be grateful for what you have i've had a lot of days this year where i hit my daily goal and then i finished the day red and that's not fun so be grateful for what you get don't always be comparing yourself to someone who's got more because there's always going to be someone who's got more there's always going to be someone who's made more there's going to be someone out there that made more on this than i did who took bigger size who held for a longer piece of the move who had more confidence and a bigger account and that's life you've got to be grateful for what you're doing for what you can get 100 a day you know that that was one of my first goals then i moved it up to 200 a day 200 a day is 50 000 a year 2 000 a day that's 500 000 a year 20 000 a day that's a 5 million a year so i'm at 50 000 right now on the day that would be a over 10 million a year if i was averaging that but i'm not averaging that days like today i want to be grateful i don't want to overstay my welcome too much this green day being 30 000 above my um daily goal well a day like today will now be able to give me a little bit of a cushion for another day down the road where i come up a little short on the daily goal or perhaps where i even have a small red day and that's fine you'll have some small red days got to keep them small got to keep them tight you'll have some days where you don't quite hit the daily goal because the market is just really slow there's not a lot going on and so this is a really tough thing because there will be some traders out there who may have taken one trade one and done you know small account strategy and trader rehab one and done and you might be up whatever it is a hundred bucks 500 a thousand or whatever on ntrb and then you see it make this huge move without you and you feel that fomo and what's important is to try to keep that in check you know fomo happens i get it too but the end of the day you're sitting with a little bit more in your account than you had at the beginning of the morning and you want to be grateful for that and you want to try do it again tomorrow and once you kind of get yourself out of trade or rehab and once your account starts to grow a little bit more you'll start to have the confidence to go back for the second trade and the third trade you've got to be very centered to be able to do that and it's not hard for us to go off our center and all of a sudden start over trading revenge trading and throwing away money because we're just getting sloppy we're getting desperate we're getting angry and that's when emotions are taking over in our trading that's what trader rehab is all about trying to get that dialed in so right now we're just on a five-minute pattern uh this you might think oh it's done it's gonna fade the rest of the day maybe or maybe it bases out here we get a five-minute bull flag and then we get more opportunities i could choose to not take any more trades on it and be grateful for what i've got if i see another setup that looks really good i could consider trading it with smaller size you know i just broke over a big kind of number there but only by 20 bucks so i wanna uh you know try to keep as much of this in my pocket as i can especially being the last day of the month last day of the year so it's about 10 a.m trader rehab will start at 11. warrior pro students you don't need to do anything except for go over to the live classes room which is already open so you can just over right here you can scroll down small cap large cap support room newsroom warrior lounge warrior pro room and then the live classes room is down at the bottom right here those on youtube i hope you've enjoyed this longer morning show here for new year's eve i hope you hit the thumbs up i really do appreciate it it makes a huge difference for the channel when you guys hit that thumbs up for the youtube the youtube i'll go we're all uh kind of dealing with algos whether it's trading or youtube so as i said i'm gonna um take a break from the morning show next week so i can focus uh entirely on our students and uh those who are taking part in trader rehab and trying to have a really good strong focused start january i'll upload recaps so you guys will be able to see the recaps and so we'll see how the first week goes and then i'll communicate with you my plans from there um so if you're on mobile on youtube you can exit out of the live chat click the like button and then come back into the live chat thank you michael so this is my my plan for 2022 is to sit down every day just like i did today watch the scans look at the hydemomo scanner the gap scanner look for news and hopefully if i catch one of these types of trades a week you know maybe every a couple days it'll be a good year doesn't need to be every day but if we can get a couple of these a year a week it'll be a good year five minute pattern is beginning to form but note that it's extended off the nine moving average which has been very common recently we have really big moves and then by the time you're getting the pullback it's still very extended so while the high this candle is 860 and that would be the first five minute candle to make a new high there's a little bit of a pivot there 865 the low 812 not quite down to the 20 not quite down that far but it got really extended yes trader rehab will be recorded we will record it so that'll be added to the curriculum for all pro students yep it'll be its own class just like day trading in an ira and today i am day trading in my retirement account which means the profit is tax free no income tax now i can't spend it today but you know it's uh kind of like chopping down a tree and chopping up the firewood during the summer you put it away you know it's there and you feel like you've done a good job i'll be trading live all next week for students yep yep next week is uh will be the same routine for students we do have a holiday on january 17th um i don't know what holiday it is is it martin luther king day martin luther king day on january 17th so we'll have a holiday on monday the 17th and um so i'll obviously not be trading that day and i think i'll take i might take a day off either that friday or that tuesday just to have a nice long weekend but um i'll keep you guys posted on that yes you can set up an ira with lightspeed the minimum account size with lightspeed is 10 000 but you would be under the pdt rule so you would have to follow the pdt rule for an ira you could do two contributions you could do a 2021 a 2022 contribution you could do a 2021 contribution i believe up until april 15th or until tax day so you know double check with an accountant but i'm pretty sure so you could get that account up to like six or twelve thousand dollars and then swing trade a little bit take a couple trades a week trade a little bit less until you get up to 25k and then can start actively day trading yes dave thank you and so he said i think i'm going to rejoin the warrior pro so if there's anyone out there on youtube that is a former warrior pro student and you would like to uh renew your membership you don't have to sign up all over again you don't have to i mean it depends on how long ago you joined and if it was like many many years ago but most likely we can just give you the membership renewal so you can join at a discounted rate and just basically re-up your membership yes you can do iras with lightspeed so yes we did have a private call uh on wednesday with um verified badge holders which was great i was uh really enjoyed that we will be doing that uh absolutely again uh early in 2022. that was uh really i think a lot of um a lot of fun and i think people really enjoyed it so send an email uh on youtube's you can email team warriortrading.com about if you have a question on renewals well david then trader rehab is for you today is the call so i um down this morning a little late i i was a little behind on my morning routine but i sort of thought well it's friday and i don't see much on the scanners i'm not sure if there's going to be a lot of news here but yeah we ended up getting some this right now is the beginning of an abcd pattern i mean it is bull flag resolution over 860 up to 878 however you can see the first attempt was a false break now it's opening up a little bit more we still have this false breakout up here so right now i would say certainly nine dollars and nine dollars and ten cents are important levels to watch but it is a bit extended so i want to try to manage risk on any trades up in this area you can see how as it gets as it approaches critical levels you get these whips right it accelerates and then flushes accelerates and flushes and this is partly because it is extended here it shows it hit a high of 908 i certainly did not see that and what's annoying when that happens maybe that was a market order i don't know you know so sometimes you hit a market order and the algos they'll pull the orders you get the top fill and then a flush when you're buying and then it's the same when you're selling you know it's market orders that are always filling the very top and the very bottom of these candle wicks it's the way that algos sort of take advantage of retail traders so unfortunately this also screws up the chart a bit uh it's now a double top around 9 10. so um this is beginning to take the shape as some of you have seen before of those devil horns right so you've got the two topping tails there this is something to be cautious of two topping tails both double topped at about 908 910 that always i never like that so this is going to have to have a long period of consolidation holding this level for me to feel more confident taking a trade up there i would just not feel comfortable buying that high now on the five minute chart your last pullback was an 8 12 so it could actually pull back down to 8 12 and still be a valid 5 minute setup this is the range 9 8 12 to 9 10. so the longer it holds in that range you know if it keeps holding up and the nine moving average kind of gets right under it then that's where we could look for that ascension through that level but in order for us to get another move like what we had here so this was powerful for a couple of reasons this was a red to green move and i actually um add this one as an example of the classes here because it's not every day we get a red degree move that is that clean i'm gonna remove all these drawings here so this was our high and that was the red to green move on the one minute chart so let me just take a screenshot of that i'll save it so you know anytime i get an opportunity to add something to the classes i am happy to do it red to green so it's a gap and go set up red to green um you could call it a one minute opening range breakout as well but i would look at it more as i read the green move and get another screenshot with that in there so leading gapper behind this i'll save this one too you all right foreign mbot yep nice breakout there you so ncrb so yeah we got a nice trade there coming out of that halt the dip and then the rip up to nine had one trade i think where i stopped out took a loss and then got right back in and then got that nice really nice trade timmy that p l looks great that's really good to see good work i'm happy to see that keep it up so again coming back up to this area where it rejected previously always makes you a little cautious don't really want to buy right into that level because look at what what happened last time in one ten second candle it dropped 50 cents so always have to and you can see the sellers stacked there there's a weight and then dipping back down so we want to watch this area and see you know does it hold up well enough so quick trade there for me at nine only because it looks like it's holding and then i want to take profit real quick so this was a little different on this one it came up it didn't read it dropped and then came back up there so the new high is 45 still holding 937 shares at 909. be the sniper just be patient wait let the chart tell you it's ready i only took that with 7 500 shares so i i certainly could have gone bigger but you know i didn't want to catch a 50 cent drop with big size so i went smaller so now this is the first pull back after the five minute breakout so the new order is going to go at 45 adding there at 45 next add 60 and now we're looking for a squeeze up to 70. the next halt level's at 87. so as we start to pull away here we want to see how high this goes the reason i'm interested in this of course is that it's the first pullback after the five minute breakout added 47 on the dip holding 5000 shares down to 2800 little chop there it broke to 60 didn't pull away to the next haul level new order goes at 60. probably break even on that trade again smaller size in this area just to manage the risk so watching the tape there's a big bit at 46 adding there now looking for the squeeze up to 75 see how it's pulling away added 76 now we're looking for 88 and 90 halt levels 10 07 holding 4 000 shares taking some profit up around 10 halt levels 10 07 new order watching for the hot level to move up and then a dip added there 98 halt levels moved up to 10 23. now let's look for the squeeze up to 10 23. watch the break of 10 for that quick pop up to 10 15 10 20. 97 98 buyers there at 10 false breakout dips back down there it goes broke on the second attempt and then back down hi that candle is 10 15. new order goes at 10 15. yup warrants nice from 250 up to 280. so you know in hindsight i wish i'd taken that trade there with more than 7 500 shares on the break but it could have also done what it did here which is popped and then flushed so i was managing risk it's always easy to look back and say i could have been more aggressive so this is the first proper one minute pullback now after this fresh breakout the volume is still pretty strong on this so we'll see what we get here you so this area up 150 wow so hitting our scans i think up 10 there squeeze alert yep 10 in 10 minutes nice is it going to get back over 10 dip trade at 85 for me at 90 for the break back over 10. i want to see if we get that snap through 10 and then back to 10 15. if we get a break at 10 15 then i'm going to size up a little bit more aggressively watching watching dips so that 10 15 spots kind of like some of the other spots we've seen where that was the high so if we break through it with some volume 10 25 10 30 for sure that's what i'd be looking for so each time it comes back up here i'm watching for ads added at 90 new order is 10 added at 10 next adds 10 15 adding there 10 10 now there's 10 48 10 60. it's exactly what we had before it really is so you start to learn those patterns right it starts to become predictable taking profit 1050 the high of that candle now is 10.68 new order goes at the high of 10.68 getting dialed in on just one stock i've only traded one today but i'm dialed in on it dip trade at 48 now looking for the breakthrough 60 then 65 and 70. there's a big bid added at 65 now watching 75 for the squeeze up to 11. there's 75 good can we get 85 there's 88 taking profit 80s there's 90. now watching up around 11. there's 90 holding 1900 shares new order goes at 11. we're coming right up to the 200 there's 11 13 11 18. alright so new high 11 17. my new order at 11 20 i'm going to let wait a second because the halt level needs to move up again we've got this resistance here if we break through it then we have room up to 12 32. this was a one minute pullback right here at 10. ntrbw good job for those that traded the warrants the volume is lighter but good work added there now looking for 25 taking profit 35 as it goes 11 45 11 50 next order false halt see did you see how it thinned out there you guys are familiar with that you've seen that before highs 11 46. 57 million shares of volume so the thing now is our five minute it's extended we're tapping basically that 200 moving average on the daily but short squeeze if it breaks through 46 so the new order goes at 11.50 you just want to be careful not to catch the top we're up 190 percent added back 45 no uh no fill i tried but no fill new order 75 moving the order up towards 12. so it's not halting the halt level's 75 but i'm going to watch for the hot level to move and then for a squeeze up over 12. see how it's kind of staggering at this level it's hitting the level but then pulling back so quick trade there filled a little high filled at the top at 91. glad i went with smaller size i have to wait for the hot level to move up again but when it starts chasing the halt levels like this this is hard because there's not a lot of it's not a lot of profit ntrbw the warrants good job for those who have traded them look at that from 250 all the way up to 453 wow good work 1209 is the hot level now quick trade there looking for 12.25 just keep watching these levels i want to see if we get 12 15. going back to flat for a small loss i'm in a little too high there let it pull back again warrants the high is 53. so this is pretty much the parabolic momentum here our high day is 12 18. we definitely broke through the 200 we're starting to pull back the five minutes is extended so we're coming up towards 10 30 here so we had our first pullback we had our second uh up here you know in a really strong market i'll trade the third but only five cushion on the first two i do have cushion but it's just so extended on the five i just don't i just don't know nice rob good work added there looking for the break back through 12 small size watching 1205 then a quick squeeze up added there 12. so watch the break through 12 and then re-test 12 18 watching 12 18 12 20. yeah a little bit of a dip there see that's what kind of happened sometimes on these added 1105 on the dip you finally get that pull back now watch the pop back up to 11 25 so brought my average down a little bit but it's okay and that's very typical trading up until the last trade is a loss and that's why it's important to reduce share size as you go on that way that last trade right there yeah it's a loss a couple thousand bucks sure but i'm still up sixty eight thousand so i gave back three grand off the top it's no big deal if i hadn't taken some of these trades like that this was very similar to the break of 10 right here the break at 10 worked 7 500 shares added some good profit this break it didn't work but with smaller size the risk was managed so with that that's going to finish the year for me 68 000 on ntrb very pleased with that this was a beautiful one-minute pullback right here that was a really nice one so i'm gonna grab a screen share of that guy or a screenshot but you see how um you know someone with fomo could have taken that last trade with the biggest size of the day to overcompensate from for missing a previous move and then all of a sudden smoked that's and that it can it's such it can be such a subtle difference between someone who's green on this or someone who's red trading the same stock but just that subtle difference of missing an early move and then trying to overcompensate and you know again i'm not i don't know what this is going to do for the rest of the day you may get more opportunities you may not but i think managing size and risk is it's just going to be important no matter what so trader rehab is going to start in 30 minutes so this is going to be final call for those on youtube i can't imagine that you haven't enjoyed this morning show this has been um pretty awesome a really great solid green day for me here today a great finish to 2021 it's gonna add some nice profit uh to the month i'm not sure i can check to see where i sit on the month let's see so my broker statements will be um up on the website early next week but let's see so was it 270 just make sure this is right so month to date so i was at 276 on the month um just in my retirement so this is going to add another 60 so two so 306 so 330 so about 335 but then i was down 46 in my main account so around 290 on the month 290 on the month so you know that would have me tracking right now three sit 3.6 for next year well this this previous year was really uh i think so good because of gamestop i don't we we had that in january or january into february uh we haven't had another game stop like another move that big this whole year so if we go all of next year without having something as big as game stop well you could probably take about you know five hundred thousand or a million dollars off my p l stocks like that are gonna give me a chance to be super aggressive and they're gonna fuel momentum across the board so if we don't have it i can expect that my profits will be less so i would say probably next year you know honestly anywhere from 200 to 300 000 a month would be a great average 2.4 to 3.6 million so possibly you know goal around round three for next year and that would be um you know subject obviously to the market and and depends on what we get whether or not we get something like gamestop i don't know if we do then you know i had a week last year where i made almost a million dollars in one week so you know you you never know but i'm not gonna count on that so again those on youtube i hope you take the leap and join us i'll put the um this page up here again and i'll put up my disclaimer again as a reminder that my results are not typical trading is risky i do share my results with you because it's important that you know the person you're learning from is qualified we've heard a lot of stories about people out there talking about how much money they make and then it comes out down the road that it was not real and that's not okay my broker's statements are on the website my gains are audited and it's real i've uh um this year's been pretty impressive and last year was pretty impressive too so in any case this is where i sit on the day um we've got trader rehab in half an hour at 11 a.m i've barely finished my green drink i haven't had um any breakfast yet so i'm going to take 15 minutes here to kind of get you know 30 minutes to get organized but this is the official last call for those on youtube to be in the live classes and you can join us today using the new year's eve sale coupon code so you'll save 40 you'll have a year of access to my live broadcast the ultra low latency broadcast feed that we make available for our warrior pro students year of access to the scanners the chat room the year of access to daily mentor sessions a year of access to our trader psychology team you have access to the entire curriculum you're of access to the proprietary news feed and we've got a lot of stuff that we're working on projects for our students uh for the platform that we're using here to to make it better so you guys are definitely going to want to stay tuned it's going to be a great 2022 i think is going to be a good year for us syta up on the scanner again good to see it let's see um and maybe what i'll do um let's see so this is our small cap day trading course i already showed you guys some of this let me see if i can find oh here we go um so this was um written by eddie so eddie uh says after three years of following ross on youtube i finally decided to make the leap and join warrior trading in june of 2021 and become a warrior pro student after six months of being part of the community i can honestly say it was the best decision i've made in a while and you know eddie's he's not always been known for making good decisions but on this one he came through he made a good decision the reason i decided to go with roston warrior trade was mainly due to his transparency and you guys know i've got the broker statements on the website i've got the biggest green day and the biggest red day as youtube recaps who else you know puts their third party verified broker statements out there so education very thorough proprietary scanners live stream everything else our students they know what we what we do we stand for transparency we try to put everything into making your experience as enjoyable as possible and it's always nice to see a student like eddie writing those comments for us and giving us that feedback syta very nice up 40 and i would say this is probably a little bit of sympathy momentum i am going to let it go without me the halt level is 440 450 and so it's creeping up there right to the halt level these are the days where we start to get some action you know one is strong and the next thing you know you've got two three four that are strong thanks charlie i appreciate that so john says but 197 a month is a bit much well i mean if it is then i you know i i hear you and all i can say is that i've spent over two million dollars this year just our market data fee fees for our students it's extremely expensive i've got the market data fees for the scanners we've got the market data fees for the simulator i mean these things are just not free market data is not free nasdaq it's just the way it is so you know i mean there are some places where you can get free data that's delayed you're not going to be able to trade off of delayed data for day trading there are some brokers like td ameritrade that will kind of eat the cost because they make it up other places and they want to get you into the platform get your money under management so you know there you can get away with using td ameritrade charts and stuff like that but you know that's fine but the scanners are not as robust as what we've built out you obviously don't have the audio video broadcast you don't have the educational stuff so um you know it this is you know it's just the the business of running this platform is expensive so we try to make it um as reasonable as we can but that's we also want to be able to pay our development team to keep building it to keep making it better so we've got to keep reinvesting now there's other people out there that might just sell dvds and have a 90 95 profit margin and just keep all the money we try to reinvest in our students with the things that we do the programs that we run the teachers that are part of the program the platform i mean it's it's just this is the reality of it so you know it's there's different people take different approaches um you know and early on i kind of made the decision to so one of the things that early on for me was um difficult was the fact that a lot of the other communities out there you know they their their education is is really just like a like a youtube playlist it's a lot of like videos but they're not they're not clear strategy they're just videos of trades they're like recaps and not very organized not very clear and so you walk away being like well how did they find that stock where i don't know why did they get in where they got in and you just feel this sense of i don't understand how they you know how they took that trade i don't get it and that's not helpful uh if you're trying to learn how to trade you really want the ins and outs from a strategy perspective and you know that's that was my commitment right away was to put all the strategy there so you have the ins and outs and i showed you the um the curriculum here this is 1377 slides but there are people that will join the community who i've been trading for a while they may not feel they really need all of this all of my strategy development classes they might watch some of the ones that they like the most my level two classes my dip trading classes and then they take part in trader rehab because they find that really helpful the trader psychology stuff we do or they really value the software that we've built and the nice thing with this is you don't have to program it you don't have to try to figure out how does this thing work and spend you know a ton of time tweaking it these are the tools that i use every day so i've already programmed them to run in a way that works well for me so you could just you know put it on start running it and away you go you're good to go that's it notice on syta how it tapped the halt level and then pulled back that's not totally uncommon on sympathy momentum um that is i've definitely seen that before so i can share with you guys oops let me see present this will be a little bit um repetitive i suppose for current students but if you guys who are current students don't don't want to listen for the next 10 or 15 minutes i'll just chat on youtube and see if we get a couple more folks over on youtube jump in and join us for trader rehab starting at 11 a.m you've got 19 minutes t minus 19 youtube so that's the starter course this is a small cap day trading course all right so i'm gonna grab um my drink grab a bite to eat and we're gonna come back for trader rehab at 11 am you

Channel: Ross Cameron - Warrior Trading

Views: 52,315

Keywords: day trading, day trader, stocks to day trade, day trade, NTRB, Nutriband Inc

Id: cZUOv7-oA8o

Length: 127min 14sec (7634 seconds)

Published: Fri Dec 31 2021