Right, this is called momentum trading. And professional retail traders (those who are competent in fundamental analysis and are consistently profitable because of it) like that you use this strategy or similar ones. Because it drives the move, which we predicted 2-3 months ago, further. Making us more money. So, thank you.
@sandroschmid30898 күн бұрын
Top is in. Exit all markets
@fatbat49908 күн бұрын
Strategy is at least 50 years old. keep up professor.
@ReneBalke8 күн бұрын
Haha exactly my thoughts when watching :D had a little laugh when I read "Opening Range Breakout"
@YouTouchinside5 күн бұрын
Of course, ORB is an old idea. However, to the best of our knowledge, our paper is the first one testing the strategy systematically using intra-day data and a large number of stocks.
@mariusschober8 күн бұрын
How much did professor made using the strategy, or is it all theory?
@gabauter9 күн бұрын
Great video, but the professor did not label the axis 😉
@Andy_B.8 күн бұрын
I trade stocks on news basis. Index trading is mostly bs, most of the time.
@smetljesm22767 күн бұрын
So when you see big volume and it moves up you buy high and hope you are not the last fool buying.👍🏼 Thanks but no thanks. I can "hope" for a positive outcome better in a random taken entry. 😆
@zeus_20017 күн бұрын
This strategy is outlined in Toby Crabel’s 1990 book and even at that time I believe ORB was already a known strategy among traders.
@WasimTrades8 күн бұрын
This guy needs to study some ICT
@Butters_Stunts8 күн бұрын
Hate to break it to you but ICT is not a profitable trader
@0.9908 күн бұрын
@@Butters_Stunts i am profitable with ict concetps btw, 78% win rate
@WasimTrades8 күн бұрын
@ he makes more money than you so you tell me ?
@leoxd70298 күн бұрын
@@WasimTrades the fact you said „he makes more“ and not „I make more using his strategies“ should tell you something. If it works, why aren’t you using yourself as an example? Because you can’t. I know it’s difficult to accept, I have been there. But: You won’t make money long term using technical analysis only. It’s nothing but a timing tool and it doesn’t generate any trade ideas. I have been working 80h-100h a week using only TA for 2 years (2020-2022). Lost money overall. And it wasn’t for a lack of understanding. As soon as I got into fundamental analysis things started to make sense. Quit wasting time and do the work, Chart Picasso. Please, do yourself a favor.
@dool10027 күн бұрын
ICT is a joke lol he never won the any trading competitions Stick to Orderflow analysis or footprints; even Fundamentals analysis yields higher return