The Simplest Day Trading Strategy for Beginners (with ZERO experience)

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I made over $10 million with this Momentum Day Trading Strategy. I look for the leading percentage gainers each day, then I evaluate the top 3-5 of them. I'm looking for a stock that has the following 5 characteristics:
1. Price between $2-20
2. Relative Volume at least 5x higher than 14 day average
3. Up at least 10% already
4. Ideally has news
5. Has a float of less than 20 million shares

Once I find a stock that meets those criteria, it's time to look at the chart. I prefer stocks that are above the daily 200ema, but will trade below the 200ema if they have a lot of room to squeeze up to that level. The reason I wouldn't trade something right below the 200ema is that it will serve as resistance.

If the daily chart is good, I'll look for an intraday chart pattern where I can establish an entry. My favorite pattern is the micro pullback. I trade this on a nearly daily basis. It's one of the best ways to get into a fast moving stock quickly. Once I'm in, I'll often add to the winning position. I like to add to my winners and cut my losers quickly. I take profit when I see a sign of weakness.

Signs of weakness include:
1. Big sellers on the Level 2
2. A topping tail candle wick
3. Bursts of sell orders on the tape
4. More than 3 halts up can mean a reversal is coming

This is not comprehensive to my entire strategy, but it's a good summary. I hope you found it helpful!

Before we continue...👀

💰Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money.

❗❗My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.

🍏 All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.

Still with me?

Now let’s dig into some helpful information …

Chapters
0:00 Intro
0:42 The Simplest Strategy
2:54 Live Example
7:01 How to Find the Stocks
14:35 How to Find an Entry
17:30 Closing

#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
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I just love how well spoken you are on the topic. You truly are a teacher. Wish there was a strategy like this for Forex.

davefortenberry
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Correct in particular when you are new to trade. You must minimize your risks and get your profit piece by piece until you can recognize every single pattern.

rasoolzahedi
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Ross, thank you for your videos. I like your clarity and simplicity. I have seen a few of your videos and will continue to learn from you.

carloseramirez
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Ross, you are SUCH an amazing trader and Teacher!!! I am so grateful for all you do. It's changing my life!

catbishop
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Best video I have seen on the subject summed up in 18 minutes great stuff brother.

alexjoseph
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I NEVER leave a comment but THIS REALLY IS THE ONLY CHANNEL YOU WANT TO WATCH TO LEARN DAY TRADING. Thanks for everything you show me!!!

nothingsomething
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You are a great and calm teacher! So much info to use. Just got to build a scanner that scans
live social media and do the complete opposite! lol. Cheers.

christianworthinton
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It’s very nice to watch the indicator and trades work, thanks for sharing🌍

ClarenceMcGowan
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Ross great video.. really appreciate your clear, to the point strategy. 😊

jasondratman
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Thankyou for taking your time to help not only myself, but anyone on this planet who is willing to listen to your professional instructions... By far the best instruction I have had the pleasure of learning from....truly excited to trade

MCMLXXVII-
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Thanks for all your great Information 🙏🏾

r.arodriquez
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I gave this strategy a try today and ended up making $600.00 today! 😀 Thank you so much!

frankstephens
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I recently found your website/YouTube channel and just wanted to say THANK YOU for all this free information! 🙏

kathyr.
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Hi Ross! first off I cant thank you enough for spending the time to make these videos for us all to learn. I've been utilizing them for several months now and have a small account of my own going. However the main problem I have experienced so far is, as you say, finding and identifying the right stocks in which to trade. I would really like to become a member but I would like to prove myself profitable on my live account and grow my small account before I make the investment. Is there some good and affordable scanning software you could point in my direction or is your scanner available for purchase? Any guidance you have would be greatly appreciated! and thanks again!!

dereksinke
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Thank you for all the content !!!! This was very informative

igotyoubeat
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Thanks Ross, you are an inspiration. Hoping to get into the warrior trading program this 2022!! Greetings from South America.

GreenStickStrategies
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New to trade but love the content and feel more confident just watching and learning from your video! Thanks tons!

lavonekroschel
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I am 47 and always have been a mutual fund trader but want to learn to day trade. Thanks for the great information and I like your channel...Jamie

jamiechu-kuul
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Finding the best daily picks is half of the rent!
Indicator-based, pattern-based, a combination of both ... whatever works is the second half.
Having your emotions in check is the biggest challenge!
Having a solid, working strategy gives confidence staying in a trade (even with a pullback, temp consolidation), tighten the stop.
In case of pullbacks pattern like ABCD are working great.
I tighten my stop after the price is rising further.

Trade smart and don't be greedy!

VampirusX
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Fantastic video. Finally something easy to start with. Much appreciated!

catozachrisen