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Surprise! +150% Short Squeeze after Breaking News at 8:30 AM

Hey everyone, Ross Cameron here! Today, I’m excited to break down my trading day and share how I locked in $10,000 of profit in just 30 minutes. We’ll go over the big stock of the day, my strategy, and some of the mistakes I’ve made in the past, so we can all learn from them together. Whether you’re new to day trading or a seasoned pro, there’s always something to take away. Let’s get into it.

Context and Overview of the Stock

The stock I traded today jumped an incredible 154% and became the most obvious gainer of the day. Yes, there was a reverse split stock that technically went higher, but this stock—BNZI—was where I made my money. After hitting twice my daily goal, I decided to stop, take the profit, and walk away. Of course, it kept going up after I exited, and I’m not going to lie, I felt like I left a little money on the table. But at the end of the day, walking away with $10,000 in profit is better than overtrading and giving it all back. Believe me, I’ve done that before! Let’s break down what happened and how I came out ahead.

BNZI was the star of the day, soaring over 150% after breaking news hit at 8:30 AM. This wasn’t the first time this stock had caught my attention either. We traded it last week when it went from $3 to over $10. So when it popped up this morning, it was an obvious candidate for my scans. There was a lot of volatility, which is exactly what you want as a day trader, but you’ve got to be careful—it can also mean a ton of risk. Managing that risk—and knowing when to quit while you’re ahead—is key.

There was also a reverse split stock that technically had a higher percentage jump today. However, the trading volume and opportunity in BNZI made it the clear winner for me. It’s all about finding the best setup, not the stock that looks like it’s doing the best on paper.

Trading Decisions and Locking in $10,000 Profit

Today was different because I didn’t rush into trades early. I sat down at my desk around 7 AM, and there wasn’t much happening. By 8 AM, everything was still quiet, and I was almost convinced it was going to be a no-trade day. Then, 8:30 hits, and boom! BNZI gets a surge on my scanners. I immediately recognized the setup—it was similar to last week—so I jumped in for my first trade at $5.41, buying the breakout. Within 30 seconds, I locked in $1,100.

From there, I built on that momentum. The stock was moving fast—up to $6, $6.50, and then past $7. With that much speed, you can stack those gains pretty quickly as long as you’re managing your risk. By the time 9 AM rolled around, I was already up $10,000 and decided it was time to stop.

I know some might look at the chart and think I could have made more, but sometimes walking away is the smartest decision you can make. Last week, I overstayed my welcome in trades, gave back profits, and ended up having two red days in a row. So today, after doubling my goal, I knew I had to quit while I was ahead.

Reflecting on Last Week’s Mistakes

Last week taught me some tough lessons about overtrading and how it can wipe away profits in a heartbeat. On Thursday, I started with a $5,000 green day, but I ended up giving it all back and I even went red by the close. That was a massive mistake. Then on Friday, it spiraled into another losing day. Plus, on Wednesday, I was up $15,000 but gave back two-thirds of those profits. Not my finest hour, to say the least.

That frustration bleeds over into your next trading days if you let it. You start to make emotional decisions, chasing trades, and ignoring risk management. This week, I came in with a clear mind and a goal: just get green and leave. Yesterday, I made $3,750, which was solid. Today, hitting $10,000 was just icing on the cake, but the key has been keeping my risk in check.

Today’s Trading Strategy

My trading plan began with patience. I’ve learned that rushing into trades right after the market opens can lead to overtrading and bad decisions. This morning, nothing was moving until that 8:30 AM mark, and that’s when BNZI appeared. The strategy was simple: find the right entry points and manage my share size based on risk.

For my first trade, I got in at $5.41, with a plan to exit around $5.75. That move happened, and I took my profit with 5,000 shares, locking in $1,100 right away. That cushion allowed me to be more aggressive, so I added more shares as BNZI moved higher.

As BNZI passed $6 and then $6.50, I stuck to micro pullbacks—quick dips in price where I could safely add shares. By 9 AM, the stock had already pushed past $7, and I knew this was my moment to hit the brakes and walk away with a solid win.

Dealing with Volatility and Risk

One thing you can’t ignore when day trading is market volatility. Today, BNZI had some serious up-and-down movements—what we sometimes call “jack knifes.” These are huge, quick price drops after a stock surges. If you aren’t careful, these moves can catch you off guard and wipe out your profits.

After BNZI hit $7.30, I noticed it started getting choppy. There was a big sell-off, and the stock dropped more than a dollar in just a couple of minutes. That’s when I knew it was time to stay out of the trade. I could feel the risk ramping up, and there’s no point in risking 5,000 shares at this time of the day when the market is jumpy.

There’s always that temptation to try and catch a big move at the top. But, if you start pushing your luck, you’ll get caught in those drops. You’ll see the stock pop up, then in seconds, it flushes down and takes your money with it. Once I spot one of these jackknife moves, I know it’s better to stay on the sidelines.

A Positive End to the Week

Today is Tuesday, and after making $10,000 today and $3,750 yesterday, I’ve recouped last week’s losses and then some. It feels good to be back in the driver’s seat with over $13,000 in profit so far this week. After last week’s slump, it was critical to self-correct and get back on track. Trading is all about discipline, and getting too emotional leads to mistakes.

Looking ahead, I’m feeling optimistic. It’s only day two of the week, and I’m already at my highest profit levels for the month of September. Even though last week was messy, staying disciplined has put me in a position to turn things around quickly. This is proof that when you stick to your strategy, you can bounce back after a rough patch.

Small Account Challenge Progress

Today also marked day seven of my small account challenge. BNZI was perfect for this. Unfortunately, on my first trade in the small account, I didn’t get any shares filled, which was a bummer. The execution didn’t go through as planned, and I lost out on a great entry. However, I saw another setup later and was able to get in. This was a great example of how patience can pay off, even when things don’t go as planned.

Trading with a small account has a built-in safeguard—since it’s a cash account, there’s only so much you can trade before you run out of buying power. In a way, this feature forces me to trade smarter and not overtrade, which is something I wish I did more often in my main account!

I shared more about this trade in my ThinkerSwim small account challenge video–make sure to check it out!

Wrapping Up September and Looking Ahead

We’re approaching the last few days of September, and while this month hasn’t been the monster month I was hoping for, I’m good with how things are turning out. Last month was great, and July was phenomenal. Right now, I’m standing at around $700,000 in gross profit for the year, which is a huge win no matter how you slice it.

If you look at my year-to-date, September hasn’t been as big as July or August, but it’s on par with my other months, and there’s nothing to complain about there. Between today’s $10,000 day and four trading days left in the month, I’ve still got time to push higher. Who knows? Maybe one of those days ends up being another big winner.

Recognizing Mistakes and Staying Grateful

I’ve made my share of mistakes this month, no question about it. Last week alone was full of sloppy trades and frustrated decisions that led to red days. But bouncing back is part of the trading journey. As long as we correct our course, there’s always room to improve.

I’m thankful for being able to trade every day, lock in profits, and learn from every win and every loss. In the end, it’s all about staying disciplined, keeping emotions in check, and being smart with risk. I’ll be back at it tomorrow, bright and early, with a plan and a clear head.

Final Thoughts and Free Resources

If you’re looking to learn more about day trading and the strategies I use, be sure to check out my 14-day Warrior Pro Preview. 

And remember, day trading is risky. My results aren’t typical, and you should only trade with money you can afford to lose. Take your time, practice in a simulator, and always manage your risk.

Thanks for tuning in! I’ll be live streaming tomorrow morning for Warrior Pro members, and don’t forget to check out my small account challenge video. See you all again soon, and happy trading!

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Disclaimer: The results shared are based on my personal trading experiences and are not typical. Trading involves significant risk, and past performance is not indicative of future results. Always practice in a simulator before trading with real money.

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