After GameStop Yesterday, an 850% Short Squeeze Today!
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- Опубликовано: 3 июн 2024
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Warrior Trading // Ross Cameron // Day Trade Warrior
Reddit Profile: - / ross-cameron Развлечения
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If u rich then why u selling courses I'm day trader !I think the way u trade Is joke!
In my opinion u missed it again 14 dollar per share reached
Let's see...cost of developing all the scanners, cost of market data, cost to maintain different domain names, time spent doing all this. I'd honestly be surprised if Ross was pocketing even half the membership.
Not to mention you're literally getting essentially a bachelor's degree (minimally) level of education for $2500. Besides, paying for it weeds out people who aren't going to take it seriously and aren't willing to devote time to learn, and keeps the chatrooms full of people who are actually helpful and encouraging
@@MohammadEkal-dz3fehow can I learn day trading I would love to get into it but I have no idea where to even start to learn would you be willing to help me?
@@fuhkbiden if u wanna listen to my advice brother don't be day trader unless one year of free demo trading in my opinion after all be investor not trader special cfd is very dangerous and u will lose and u will remember my word. Don't use cfd trading at all unless u are 2 years experience in trading
Good job ross. I traded MLGO all the way up to $15 and made $1451
Paper Trading Day 21: after earning $1 yesterday, I was finally rejoiced to see a single 'normal' stock to trade... but I missed the large green candles and traded the chop 😁 So $10 up on the day on this impressive squeeze....
I bought $MLGO into the halt, made $1.07/share and called it a day. I'm doing the same thing Ross. Trying to remain disciplined, trying to pick my best entry points according to my strategy and trying to focus on minimizing my losses more than maximizing my wins. It's seems to be working well for me, I have a couple green days in a row. Like Ross always says, "Don't be greedy, be grateful."
Was in MLGO at $3.70 got out at $4.70 happy profits at $505. Congrats to all that held on
Me too lol made $5. I tried getting back in on the before bell dip but my phone coverage dropped. Oh well. Sob!
SOBR was already up 100% around when makers opened. I waited for a pullback and got into the trade and made around $70. I then waited for another upwards trend and got in and made another 10-15%. Great day!
I got in at $5 on MLGO, and sold at 6.50. Checked the charts later and saw it at 15 and wanted to die
Better than getting in at 6.50 and out at 5. Nice work
I feel you, I was in at $4.80 premarket and out at $5.30 at the open
@@rod8655do you buy market extended on premarket, or limit day when buying premarket. Does the order get filled at market open or doesnit cancel
@@rod8655 pretty ballsy to hold on the open with a stock up 200% I think. I think there is usually a small sell off at minimum on a set up like that.
I was too scared at $4.60 and didn’t trade it at all today. Severely regret it…
Ross you are a legend. I couldn’t be more grateful for the education you have gifted us with. For those questioning, his course is amazing. He explains everything in a way that makes it easy to understand.
Thank You for Everything Sir; I'M SOAKING IN SO MUCH LEARNING due to Your patient Teaching Style. THANK YOU!
Thank you Ross for your teaching... MLGO quite choppy, couldn't take a good entry.
Insane day for me on MLGO, 2,200 shares at 9.10, sold half at 10.50, a quarter at 11.48, and the final quarter at 12.35.
Over 4,000 in profit for me today, made up on the 1,500 red day back on Friday.
beautiful!
Nice job. I am still learning only trading 5 shares made $13. When I get a green month I will up the about to 50 then 500....
I also got in SGBX and MGLO your MACD video has help me so much
ross your the man. Ty brother
I'd love to see you talk fib extension, which was invaluable with MGOL today. You could just see it wanted to eat through those levels over 100, which are also where it has WAY more room to run. What was unusual was how it just slipped through those lower levels but I'm convinced some algo was trying to suppress it and the breakouts happened in the moments that beat the algo
Great insight on trading! Thank you for the great tips of how to become a lasting trader
Learning to trade. Thank you for these videos. One day I will join your course. Well, it depends to be honest. But I am eager to learn, and more knowlegde is welcome. So now I am on the internet getting more info. Now, back to the 'depends'. If/When I do gobble up some profits in my future account. I will spend it wisely on your course. Looking forward to that day :P
As for now. I have TC2000, no broker yet (pretty hard actually. I have Giro, but that is not sinked with America it seems...) . So it is just paper trading and learning TC2000 right now :)
Again, thank you for all the videos. I have been binging those :P
MLGO was up because of news with WIMI. Yet WIMI absolutely refused to go up after the bell despite how crazy MLGO was. It was super frustrating.
Got in early and locked up profit then just exercised disapline as it pushed higher as I suspected it would just didn’t want to give back anymore profit as I had already gave back 15%
Had a tough time in the premarket and took a couple small losses on MLGO. Just couldn't get dialed in and I almost called it quits for the day. Glad I didn't! Hit some major green trades during the regular hours and walked away with one of my best days ever.
You know what's funny, when GameStop squeezes the entire market goes down and crazy things happen like a stock that was worth $600,000 goes to $185 by a glitch. However when this thing goes 850% nothing happens. I wonder why Ross?
I actually needed to hear that I shouldn’t have FOMO bc I lost 10% of my account today
Traded it twice, made over $200. I was out at $5.99, and I didn’t have enough in my small cash account to get back in later. It’s nice to get the wins, but it’s hard watching it double in price and not enough money to take advantage of it. Lol
i feel that, same boat
I got in MLGO right after the $6.99 halt and made a quick $1k in like 30 seconds. I got excited and played around during the chop and had to TEAR myself away from my computer, with $805 on the day, before I lost any more. It's a weird feeling to see the price went all the way to $14.98 when I got out at $7.49. This was definitely a learning experience...winning can be just as dangerous as losing.
What is the Market cap on this stock, what Market cap parameters should we look for when searching a stock to trade?
Ross, my current app (RH) only has 10 min (maybe 5 min on occasion) candle increments.
I saw this same stock this morning on my scanner (5× vol, and good volume spikes greens vs red)
I saw it at around the end of chop at about $9.00. I saw 30 min of red and decided against it. Of course it hit $15.00 a little bit later.
So happy you posted this to show I am learning more from each of your vlogs
I got rookie mistake burned with BPTH yesterday and had to chase it this morning but only ended up 5% down but as it turns out I got out too early. Better a little poorer and safe then Burned again.
I traded MLGO but sold it quite early during premarket because of previous bad experiences with other small cap stocks which I almost always lost money if I held them until market opened. Now regretted to see this stock went up to $15. Unbelievable!!
Ross you were talking yesterday about how it hasnt met the same marks as 2021. This is an ever-evolving stock opportunity.
I just stated day trading on a simulator, I glad it wasn't just me who had a hard time on MLGO. I ended about $2700 (paper money). I love these Mid day and After market videos you do, because it gives me something to compare my result to.
Any stock simulator you can recommend?
Thought about buying in on MLGO at $5, but it was a little above my current price range. I'm still kinda new. Missed on a huge day but stuck to my rules.
@@walterAnders It had most of my indicators early. Volume, ~price, news. Just couldn't pull the trigger. I did buy the partner stock in the news announcement (WIMI). It didn't have the same movement as MLGO, but I did came out green on that one. Green day, so I'm happy with it.
Caught the big move up into the first halt but then the chop scared me out after that. Locked up my profits and called it a day
hit the beach. 😎
QQQ was choppy today 😭 I held a $453 call and sold at $451.40 then it went up to $455.50
I lost $100 but made $40 back when it fell from $455 to $454 again 😅
I had puts and hit good. Switched to calls mid day and hit again on that last pop.
Held this bag since December pre-split. thought it could never get back up to my avg price. Today, it popped to $7 this morning and I was damn, there's no way its going to get to my average after that. Then bam! I was out at 12.58 past break even and the profit i was looking for in December!
I had same exact issues with this one
What a day to be in trader rehab! Still green gave back half then sat on my hands. No FOMO
same i didn't get filled over here too
Just starting to get into stock trading and learning so much from your videos. I missed out big on this one today, had it on the scanner at 7am and was debating on buying in at 3.95 a share but I chose not to, ended up watching it soar to 14 dollars a share! Thanks for all the videos and great information
Same. It was at $5 when i thought about buying but a little above my current price limit. If i had seen it at $4, 90% chance I would have bought in. Still a green day for me otherwise.
Whats the scanner do you use
Manage risk, don't go for the grand slam. Great video.
I’m surprised how Ross is not trading these short squeezes , I see Ross is trading premarket not at market hours and I can’t find the answer for that
no halts on pre market :) and its awesome! but no market orders also :(
2 minutes into the video and I already feel better.. I was starting to wonder if I should just buy my stocks in the pre market and leave and wait til later to see what happened.. Red Day today and stocks are doing well is embarrassing
Got in for 100 shares at $8.12 on MGLO and then out at $9.20. Nice... except... I was in my sim account on accident... whelp, I'll be checking that first things from now on lmao
Oh man. I hate that sinking feeling in your stomach when you realize something like this happened. Gotta brush it off & keep it moving. Live to trade another day!
Funny thing about MLGO today, I had 2000 shares @ 3.95 but decided to bail out with a small profit. I watched it all day. It was rough hehehe
Since MLGO is a Chinese stock I was expecting it to crash back down at the open to 2$ like many have done before.
I really appreciate these videos, but I have to ask something. How do you get your TradingView Candles to move so quickly and smooth like that?
Ross uses a custom built chart platform. You can learn more here: www.warriortrading.com/charts/
“Bought” MGLO at $4.32 went to sell when it doubled and realized the buy never processed. Oh well 🤷🏼♀️
CCM made me a ton of money today, I got in at .70 yesterday its still growing.
i dont about yall but it looks like we entering a hot market. my question is, should we start being aggressive? i took a won today but because i wasnt aggressive it was as big as i couldve been. im still up my daily t.p. but still am i leaving money on the table not being aggressive
Made 200 on WiMi completely unaware of MLGO and its significance
Maybe the algos are glitched. Maybe it's DFV's fault.
MGLO was biggest winner for me
bro i got in at 4.13 at pre market , swooped down to 3.75 and my stop triggered... checked back and saw it at 14.31.
hahaha, brutal. Absolutely brutal. If it helps a lot of us had trouble with this one today.
LOL, sorry buddy
i took out stop losses in december on this one. bag held and finally paid out today! 6 months bro lol
Glad to hear i wasnt the only one that had a hard time trading this one.
I struggled with this stock today
Bought MLGO @ 7.31 and set a stop loss @ 6.85. Got busy at work and checked my phone 30 minutes later to see it sitting at 11.20. Then I notice it dropped to 6.82 bottom tail before ripping up. Rage quit today.
I feel you. This was a tough one
One of my rules is try not to chase a stock up 150-200% seen it said too late. Came back mfer was at 500 then 800 lol my luck
I’ll be honest…. I sold early at $6 i could cry lol i was averaged at like $2 live and learn. Lately things have been spiking and getting scalped down so i saw profit and took profit, but ultimately sold myself short
This was really difficult to trade indeed
Ross, bru, you are a legend. I'm having the time of my life! I was up 2.5kUSD. my grandson arrived so i left my desk with one open stock, certain it could not go south. It went south 😂. Buggered up yesterday's USD600 and today's USD2.5k. I'm down USD500. I learnt a tough lesson. But i love my grandkids and i love trading ❤
I jumped out of bed at 1:10am PST which is basically pre market open, as soon as I checked my phone and saw that first move. Got in around 2 on my small account from my phone haha, and made my goal plus some really quick! Hit the bigger account as soon as the computer fired up and was rewarded.
I watched it at open but didn’t touch it because I could just sense that I would lose all my gains if I started trading again. Sometime you have to just watch after making your profits. Or better yet shut off the computer and go about your day. Good day today! Hope we get some action tomorrow. Good luck traders!
MGLO was insane. i had an alert to go above 3 and it was a day.. god knows when i set it..
I made a profit but it was difficult for me to trade. I only have the capital to trade with a cash account so I am still trying to overcome my nerves since switching from a paper account not too long ago.
How did you know to get into MRIN? It dropped at 4am then traded sideways during the entire pre-market. Did you just have multiple stock charts open (ready to go)?
It hit Ross HOD momentum scanner
Thinkorswim charts locked at 830a... and came back online at 9a. missed all kinds
Oo that suck
Schwab. Miss TDA
What do you think about FFIE??
Cam if we keep getting big plays like this we just might have to start a week day challenge
I've been waiting to see how you traded this after I saw it this morning
Intrestingly I've traded the same stock and made 5k with a max 5k position. It was really tuff tough because of those choppy periods of consolidation. I really like your content and I have been watching your channel for a few years now. Keep up the great work! 👍👍
Im practicing with small amount real money, and went in at 4.96 for £12 worth haha, got out around 9 and was happy got to like £16/17. Then seen it go over 10 and got back in / out trying to chase jumps but gave all my gains back haha 😄 😅 learning.
I got MLGO premarket at $4.94 and sold at $5.08. I like it when me and Ross pick the same stock. Read his book, he tells you exactly what to do.
Picking the stock isnt hard 😉
@michaelhall982 I also enjoyed his book. I'm at the end of reading The Complete Trading System by Casey Stubb's and would recommend that one too. Next I will read Trade Mindfully by Gary Dayton.
Word. The chart literally looks like roulette in chart form. I just made the chart. Great vid.
MLGO upset me today. I kept waking up before my alarm to peek at GME and saw MLGO up premarket hours. First thing this morning 6am I saw news on it and I bought in and it plunged down. I get out and go to work and it soars. ⚰️ Talk about disappointing.
Shorting was the way to massive profits on this yesterday
its summer. its a solid economy. its day trade season yall. thats all i think, these giant runners will be often but complex to trade. its not like 2020 and idk if it ever will be again
And somehow I managed to lose money on MLGO. Lol.
11:54 📝
I traded this one today and only up like $9 just couldn't dial in on good entry or exits. But green is green ig.
SGBX did not have this action on other charts and trading platforms. How is this?
Not sure. Ross uses Lightspeed for his broker. He also uses Day Trade Dash scanners and charts, which are available to all of our members. You can learn more about them below:
Lightspeed: www.warriortrading.com/lightspeed-trading-review/
Day Trade Dash Charts: www.warriortrading.com/charts/
Day Trade Dash Scanners: www.warriortrading.com/scanners/
Love the video, Ross. Any thoughts on why MLGO ran so hard today? And why it was jackknifing so often? Seemed more than news and just people taking profits?
How can you find these trades early?
Ross uses scanners: www.warriortrading.com/scanners/
CBAT had some nice stair steps until today lol.
I absolutely botched today 💀 went from green to red
Yep same
@@dowcwow-rn4rw we will hit it good tomorrow brother!
how much in the red? I didnt even play today, too much fear
@@robr4501 I ended the day about 1/3 of what my daily max loss is, so could have been worse. The worst part is that I was small-medium green on the day, I should have recognized the choppiness and walked away 💀
We will get after it tomorrow! Hope you are nice green tomorrow
I love watching these but so honestly have no idea wtf I’m doing.
It looked good on the 5 minute chart...
Agreed
Second day paper trading: up 35% feeling confident. But the skeptic in me says this is all luck. How long do I stick to my plan for it to be considered profitable long term?
A few to several months. Then when you use real money only trade with like 100 shares to start. Get used to the feeling of losing when it actually has real life consequences and emotions. 10 dollar losses no big deal. 100 dollar losses sting, especially several in a row when the emotion racks up and you’ve dug yourself into a hole mentally and possibly fiscally if you trade frivolously. Go slow, small size, don’t over trade, cut your losses
Good thing about being in the uk is 4am is 9am over here just after I sit down for work, managed to get $1.2 a share on MLGO on that first move pre market. 🙌🏻
Hi, may I ask what broker you use in the uk? Cheers
Hey Ross. I love the videos. I have a question that I'm hoping you'll take the time to answer. How do you use your stop's? Do you have them set automatically when you put the trade on or do you just use your hotkeys? Not only did I not make money on this even though I was in it multiple times, but I lost money because i kept getting flushed out and my stop loss would get triggered every time right before it moved back up.
I only use mental stops, I don’t use live stop orders. But with these whips it’s hard cause suddenly you can be down but then like you said, it’s right back up. I’m trying to only trade when I think it has potential to go parabolic and avoid the rest.
@@DaytradeWarrior Thanks. I'm just getting started in live trading and I'm struggling. I can find them on the scanner, and I can see at least one setup that I like and is consistenly a winner, but my timing is wrong somehow.
@justinholden1176 check out Ross's MACD indicator video + always wait for confirmation move before entry. Not guaranteed but helps
Would this have met the criteria in your small account challenge?
Maybe, depends at what point though. It's a little on the higher priced side.
Smash it 2.90 per share
Question concerning your daily goal of $5,000. I’m a Warrior Trader subscriber and have heard you say you trade with $100,000 along with leverage. I’m guessing 4X making it possible for you to trade with $400,000. So, does that mean your hope is to make at least 1.25% each day?? I’m trying to compare it to my daily goal and figure out if I’m expecting too much from my trading. Just asking
Do you know what he looks for as far as Market cap? Would this stock fall under his parameters?
Green Day after a red week my 60$ became 100😭 just wish I stayed in the trade 2 minutes longer could’ve took more profit gotta do better
as long as its not a read day, ill take a green day any day
I feel like the only ass that lost on MLGO. A year and a half in trading and I feel like this is the first time that revenge took in and fomo took a hold of me. The moment I was compromised emotionally is the moment I was trigger Happy I'm recording every instance that happened in this will be my biggest trade ever.. to launch me forward and to overcome my journey
🎶I woke up this morning,..you were on my mind.🎵 j/k That was yesterday morning. But it took me awhile in the twilight zone, to find out how you were up 15k before I woke up!!
It was cleaner on the 5 minute and more predictable
Hey Ross, I noticed how you set a limit of 5000 shares for the first stage of trading, why do you prioritize shares over total cost. Penny stocks and stocks that has price of close to $20 still makes a huge difference.
Personal preference, you're welcome to do what works for you.
4milion of float that is the key 🎉🎉🎉🎉🎉🎉🎉🎉
All chop no hop
I had to bail on this, the range was way too wide for me to feel like playing with that kind of volatility (MLGO).
you have to take smaller size because the rigger controlled most of the float.
@@Beauchot78 I was in for one of the up swings for about 0.70 but when it started swinging an entire point every minute, I wussed out lol
@@sdhority i saw a pattern that suggested the price would return back. but i was worried about those flushes so i took small size and average down 1 time and then at 830a it took off!
You are setting a really great example. My losses ALWAYS come from desperation; I chase, I get in to high, etc. Often the best trade is the one you don't take. Can you do a video on the dangers of chasing?
Another red day for me and the discouragement sets in. I'm already pretty sceptic of technical analysis, I think we're mostly driven by cognitive biases and pattern seeking wired in our brain. Sure, I believe in facts like volume, and there can be some self-fulfilling indicators if enough traders respect them, but for the most part, I think those who find the stock which has just just gone up like crazy have way more chances of scalping green.
Anyway, 2 weeks ago I was finding the same stocks as Ross, and taking almost the same trades, I had a green week. Kept doing the same thing, I know my patterns, I understand the story, but I can't make money. I'm not gonna last long this way, paper trading does nothing for me.
I've been red almost every day for 3 months, apparently it's normal 😂
focus on the process, the $ will follow (so I heard!)
should we start being aggressive ?
Hard to know for sure, keeping risk management at top of mind is always key regardless.