COMPLETE opening range break trading guide - Stocks + Options (Matt Diamond’s strat)

  Рет қаралды 140,320

ImanTrading

ImanTrading

Күн бұрын

An options and stock trading strategy that I personally used (I left a video up of me doing this, which is how this channel started). It's very simple at a conceptual level, but please read the pinned comment.
If you'd like to support me: / imantrading
Second channel: / @imantradinglive
Instagram: / imantradingfutures
ImanTrading Discord server: / discord
My email: imanktrading@gmail.com
Time stamp
0:00 Expectations
0:49 Conceptual overview
1:44 Which stocks to trade
2:08 Chart analysis
8:40 When to trade
9:51 Chart analysis 2
14:36 Chart analysis 3
19:11 Chart analysis 4
21:29 Chart analysis 5
22:02 Chart analysis 6
24:06 Chart analysis 7
25:42 Matt Diamond live trades
29:15 ImanTrading live trades
31:00 Which options to trade
31:46 Important notes Risk disclosure for trading: ninjatraderecosystem.com/risk... .
.
Trading platform: ninjatrader.com/GetStarted _
.
.
Risk disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Пікірлер: 251
@ImanTrading
@ImanTrading 2 жыл бұрын
Very important, read this if you're new to trading or my channel: if it's not a fully automated algorithm (whether coded or not), discretion (choosing when and when NOT to follow the system) is what can hypothetically make any approach work. The ORB strategy is nothing special, but one positive aspect is how narrow it focuses your trading on 1 specific thing. This means your learning is being targeted on a very specific moment, which should hypothetically be a benefit according to the current research on implicit learning (the same type of learning as playing a sport or instrument). Any approach is as valid as it is invalid, and I seriously recommend watching this video here so that you start using this approach with the right information and steps on what to do: kzbin.info/www/bejne/b2qXg6lvir2cb7M Want to use a trading/prop firm? TradeDay has the best evaluations in the entire industry. Keep 100% of the first 10k you make and then 90% after that: members.tradeday.com/?aff=iman - 20% off any account using my code: ImanTrading20
@gauravbhayana4626
@gauravbhayana4626 2 жыл бұрын
YOU MEANT 0.20 DOLLAR CHANGE FOR EVERY 1 DOLLAR RIGHT NOT 20 DOLLARS FOR 1 DOLLAR
@ImanTrading
@ImanTrading 2 жыл бұрын
@@gauravbhayana4626 no, a .2 delta means that for every 1 dollar change in the underlying, the worth of the contract changes by $20
@strobe9
@strobe9 Жыл бұрын
@@gauravbhayana4626 A little bit of confusion but yes delta .20 changes the option PRICE by .20 but the change in COST is 20.00 due to each contract representing 100 shares of the underlying
@BreakThroughTrading62
@BreakThroughTrading62 5 ай бұрын
Hi Iman, Yes I can see how this has the potential to be a good strategy. You can feel a BUT coming Right, but it wouldn't work for me because without a Set Stop Loss I would Struggle to Exit for a L:oss. I lack the Disapline to do that as you say it is Very Important to KNOW THY SELF. Of course you only know yourself, in the Trading Sense, with Tading Experience. Anyway I will Stop Rambling and say keep up the good work I really Enjoy your Content Regards Steve
@watchingthedot
@watchingthedot Жыл бұрын
By about minute seven I realized I was watching the best video on YT! There's an honesty here that is almost impossible to find. (That line about ORB trading being profitable, but "terrifying and stressful"... OMG... truer words were never spoken)! I'm mostly a scalper, but don't trade ORB (although after your shoutout to Matt Diamond, I might try it if I need an adrenaline rush.., thanks for connecting us to him). I have grown tired of the "it's simple" or "all you gotta do" videos that don't describe how chaotic and stressful trading can actually be. This video is all truth. Unfortunately, since you perfectly hit on about 20 different points in this video, I will now have to waste an entire day 32 minutes at a time to watch it at least ten more times! You rock!!!
@ImanTrading
@ImanTrading Жыл бұрын
Haha thank you very much 😄
@nathanthrower8606
@nathanthrower8606 2 жыл бұрын
all jokes aside you are one of the best trading educational resources i have seen on YT. love how you dive into the questions/points most educators skip over to make them selves sound more correct. love the honesty as well, thanks for all the help!
@ImanTrading
@ImanTrading 2 жыл бұрын
Thank you very much, that means a lot to me :)
@poloska9471
@poloska9471 Жыл бұрын
Agreed, he is a no bullshit man Edit: and he is hilarious
@killerz3000
@killerz3000 Жыл бұрын
Got a decade on you in age but your great at explaining this. Was having issues with the price breaks and my confidence. Your videos on this and the psychology of trading is so useful. Now I just need to get a full grip on futures.
@ImanTrading
@ImanTrading Жыл бұрын
Thank you, and very happy to hear that!
@Megan-rz4fc
@Megan-rz4fc Жыл бұрын
34 seconds in and I trust you. Very grounded, solid, honest insight.
@LiteraryPhantom
@LiteraryPhantom 11 ай бұрын
Love your style of humor. Recently began working on developing this strategy for myself and happened across your channel looking for some coding. Very funny. Very straightforward, to the point. Even an idiot, could probably understand. Well done.
@Steven-T
@Steven-T 2 жыл бұрын
Revisiting this while trying to polish up my ORB trade and *SERIOUSLY*, this type of trade will make you understand just how much your brain perceives price action as danger... Somewhat easier to do when S&D zones are on the opposite side of the break or higher timeframe ranges are broken too, since follow through on those moves tend to be stronger.
@ronniebass1140
@ronniebass1140 Жыл бұрын
I was taught to let the Breakout candle close first before taking the trade as a filter. Also my stop logic is a little different. But overall, you make me re-examine commonly accepted wisdom in the market. Kudos to you. Keep it up
@alonzorogers5889
@alonzorogers5889 Жыл бұрын
Same here, let the candle close and set a stop loss
@Dgdgdgg
@Dgdgdgg Жыл бұрын
@@alonzorogers5889 only idiots waiting candle closes
@GB-kl2pd
@GB-kl2pd Жыл бұрын
@@Dgdgdgg You never traded in your life🤣
@cameronmirochnik8399
@cameronmirochnik8399 2 жыл бұрын
Thanks man! This is my favorite channel. I am going to back test this on demo trading
@ImanTrading
@ImanTrading 2 жыл бұрын
Thank you so much 😄
@davidsherrill382
@davidsherrill382 5 ай бұрын
One of the best vids I’ve watched in the last to years of day trading, thanks very very much man!!
@rebelandatrader
@rebelandatrader Жыл бұрын
Your candidness is refreshing.
@CoachEd78
@CoachEd78 2 жыл бұрын
I use this same ABC setup and put a buy or sell stop on to catch a move to the up or downside. Learned this as my bread and butter trade from Linda Raschke.
@AT-sd9ej
@AT-sd9ej Жыл бұрын
Iman YOU ARE ABSOLUTELY THE BEST!! Advice to any beginner like myself, listen, re-listen, and take notes from Iman and follow his advice of taking a small profits and cut losers early. Thanks for sharing Matt's channel.
@ImanTrading
@ImanTrading Жыл бұрын
Thank you!!
@liftingdermatologist
@liftingdermatologist Жыл бұрын
Great explanation. I like your humor too. Liked and suscribed!
@Posterharpua
@Posterharpua 8 ай бұрын
I've been hammering away at 1, 2, and 5 min ORB's for the past 2.5 years and overall, I'm profitable on the 5 ORBs. 1 min ORB's are extremely difficult for me and I find myself getting chopped up by price action too often. 2 Min are a bit easier, but 5 min is absolutely the sweet spot for me. This explanation video is actually a perfect facsimile for how I trade these setups. I love Matt Diamond's channel and have learned alot from it.
@manishshetty1228
@manishshetty1228 7 ай бұрын
What’s your take on 15 min ORB breakout especially for SPY/QQQ?
@Posterharpua
@Posterharpua 7 ай бұрын
@@manishshetty1228 15's work very well, too...but I dont find for my style that the 15 is any better than the 5 and I'd rather get the trade on sooner. i think in general, the longer the time frame the better the move and the less fakeouts youll see on the chart.
@josephsaeteurn9158
@josephsaeteurn9158 5 ай бұрын
you can be profitable just buying and holding SPY..you can be profitable in a high yield account at 5% a year.. the real question is how much profitable are you making with the ORB? this year everyone should be up big. it is a very bullish year..
@1billionview550
@1billionview550 2 жыл бұрын
hey man, we need options video with greeks explained like how delta and theta affecta the prices. I hope it will be next video. Love your work, appreciate the hard work.
@ImanTrading
@ImanTrading 2 жыл бұрын
I will definitely get around to that at some point. Thank you for the kind words :)
@arwood111
@arwood111 Жыл бұрын
Wow, honesty! I have been learning to trade for 3 years. I am fairly successful at this point. I use a very similar strategy to trade QQQ. Nice video!
@manishshetty1228
@manishshetty1228 7 ай бұрын
What timeframe do you trade QQQ using ORB? I find 15m/1hour to be be good on SPY.
@2585ANDY
@2585ANDY 2 жыл бұрын
ily Iman. I appreciate your videos man!! it's cool that you talked about the ORB strategy, something I've been using for a while now, but you only used the 1 minute chart. Normally I trade this strategy on the 5 minute chart for liquid stocks, but with low premium cost for ATM strike contracts. This include AAPL, AMD, MSFT etc. I just find that it give me a large follow through move if I'm right but also a looser stop that wouldn't faze me because the contracts are relatively smaller those like TSLA. It works great on trending days, but also a lot is noise. I would eye ball the entrys if it was close enough to highs, I think I will start using the slope and check out matts other videos too. You're GOATed tho ❤. Ps do you use volume for confluence and confirmation, i assume so but idk not sure
@ImanTrading
@ImanTrading 2 жыл бұрын
Thank you so much :). Glad this video was relevant for you! Right now, I don’t use volume for anything. But, I don’t really take structure-based trades. I’m into fast scalps right now, but that might completely change when I go full time after May (which I’ll be uploading to the second channel). Thank you as always for the kind words. I really appreciate it.
@tarunkalra3924
@tarunkalra3924 Жыл бұрын
I mark the range of first 15 minutes. But then that's not for the US stocks but Asian market as I trade there
@snowflakeca2079
@snowflakeca2079 Жыл бұрын
Just like in a move in the candlesticks, this channel/ clip is confirmation I’m doing it right. I have a large position TSLA at $285/ share, so in January I decided to start a separate trading account which in the last few days I discovered is a “scalping” account. Scalping is the way to go. EXACTLY as this clip suggests: Wait for the range (5-10 minutes) Enter on a good set-up/ resistance/ doji. Get in. Get out. I target 2.5%- 3.5% moves. Tesla always has a $5-$12 range basically EVERY SINGLE DAY. Profitable 3 months in a row. I’ve only had to sell 1x/ 1 day to buy the dip. Stay disciplined. DO NOT GET GREEDY!!! And it’s easy!!!
@bean6559
@bean6559 3 ай бұрын
how's that $TSLA position
@techedbassoon
@techedbassoon 3 күн бұрын
Bro genuinely I want to take the time to thank you for creating this insanely informative video. You keep this strategy so real and not just clickbait like all the other youtubers. I seek to master this 1 strategy and thanks for breaking down every step so simply. Your hilarious keep doing what you're doing man!
@arturdomingues9117
@arturdomingues9117 2 жыл бұрын
Thank you for your videos! keep up the good work! learing a lot !
@ImanTrading
@ImanTrading 2 жыл бұрын
Thank you! Happy to hear that 😄
@tamer3168
@tamer3168 2 жыл бұрын
Awesome Honest Review of the system
@ImanTrading
@ImanTrading 2 жыл бұрын
Thank you very much :)
@ismith351
@ismith351 Жыл бұрын
Very good video. Thanks
@the_real_cookiez
@the_real_cookiez Жыл бұрын
As mentioned before, this fits Iman's trading style: super-scalping. This is wild.
@willdaniels5353
@willdaniels5353 2 жыл бұрын
Great video, option video with the Greeks! Thanks!
@ImanTrading
@ImanTrading 2 жыл бұрын
Thank you! I’ll try to get around to that soon :)
@trell019
@trell019 Жыл бұрын
He is so long and drug out 🤩🤩🤩🤩🤩🤩 YOOOO he explained this perfectly!!! I neva heard anybody else say not chase the run up. You got a new follower today brother
@christianthomas2628
@christianthomas2628 5 ай бұрын
Great content!
@marinrodriguez7729
@marinrodriguez7729 5 ай бұрын
Thank you for your insights and no-nonsense approach. You are honest and transparent...valued attributes online. Would these techniques be applicable to longer time frames like days or weeks? Thanks for all that you do for the investing community!
@lukesimard6169
@lukesimard6169 Жыл бұрын
Ive been trading for a while by far one of the best videos I have seen.
@sscaustic
@sscaustic Жыл бұрын
great vid .
@natereeves2807
@natereeves2807 5 ай бұрын
In trading ORB I believe it's better to stick to just one or a few stocks so you get to know the behavior of the stock and option premiums. The variation in volatility gave me uncomfortably inconsistent p&l fluctuations when I was trying to play orb on a new stock every day. Not to mention switching back and forth between multiple tickers, only to miss the key breaks of technical levels causing me to fomo into a breakout at what would have been my exit and profit target if I were watching the whole story play out uninterrupted.
@silverese1216
@silverese1216 7 ай бұрын
Thank you for the video, very informative, please keep them coming. Can you please share the link for the supply and demand video?! Thanks again
@RCP3Kids
@RCP3Kids 9 ай бұрын
Love your humor, sarcasm and insight. If you ever stop trading you should think about some kind of comedy gig.
@Troyson04
@Troyson04 8 ай бұрын
@ImanTrading you sounded like me at the 20:27 to 20:47 mark! That was the highlight of the video for me! 😂😂😂 I was thinking of trying something like this but with using Buy and Sell stops with TP and SL with a 2:1 R:R
@tekst3r
@tekst3r Жыл бұрын
cool! i feel wat you've shared.
@ericsouther1027
@ericsouther1027 2 жыл бұрын
Gotta watch the speed of the tape and/or candle as it approaches the sloped line, faster is better, don’t be greedy, this works, I do it almost everyday with TSLA using IBKR.
@ImanTrading
@ImanTrading 2 жыл бұрын
Right on! I used IBKR too (Trader Workstation)
@gauravbhayana4626
@gauravbhayana4626 2 жыл бұрын
hey iman great video and yes for that option greeks video plz upload it
@ImanTrading
@ImanTrading 2 жыл бұрын
Thank you! I’ll try to get around to it soon
@navketan1965
@navketan1965 2 жыл бұрын
I find that for intraday forex trading most important trend is ON 15 minute, 1h and 4h charts only-- For intraday trading weekly & monthly trends do not matter much(too far removed from intraday field of activity) & can be ignored. For simplicity sake if 15 minute ,1h & 4h trends are in the same direction, you have a trade set up in the same direction (one could fine tune entry 0n 5 minute charts). In general if daily candle be in the same direction for any trade it is better but not A must.--Sir, what do you have to say?
2 жыл бұрын
This was great content. So are you sticking to the other Matt's strategy? ES futures?
@ImanTrading
@ImanTrading 2 жыл бұрын
Thank you! Yeah, I will be trading futures. I don’t trade options anymore. While this strategy is very effective, it was too stressful for me lol.
@CoachEd78
@CoachEd78 2 жыл бұрын
An in the money debit spread would also work. If not, a better option even. Still have intrinsic value in both legs of the stock.
@iane.millais2982
@iane.millais2982 Жыл бұрын
Great Video. Please do onee on the Greeks.
@ImanTrading
@ImanTrading Жыл бұрын
A more in depth video on options is up on my channel, just have to scroll down a little bit :)
@tobiaswillis3127
@tobiaswillis3127 Жыл бұрын
I just started to trade futures, I would be very interested to know what's your strategy on futures :), can you make a video on that?
@Kiko_52
@Kiko_52 2 ай бұрын
you are the best love ya !
@akeeljohnson3531
@akeeljohnson3531 Жыл бұрын
Add volume and you're golden, it'll give you a leading heads up which way the market is going to go. Guarantee that first candle volume is red
@EternitySoundDesign
@EternitySoundDesign 2 жыл бұрын
Trading was so hard, until I discovered IMAN!!!!! It's still hard... but at least I can now watch entertaining, informative and thought provoking videos ^.^ Edit: 11:38 ... BSOD... XD Edit2: 30:01 lol, get rekt noob. Love your work mate ♥ ;)
@ImanTrading
@ImanTrading 2 жыл бұрын
Haha I love that, and thank you as always! ❤️
@mrtrader4628
@mrtrader4628 Жыл бұрын
Please make the Options video on the Greeks I'm new to this.
@trell019
@trell019 Жыл бұрын
Crazy I'm actually winning now!!! I just left 2 discord groups im gonna trash the other 2 soon but I like the discord community 😂😂🤣🤣 we talk more sports then stocks
@christianerfort9842
@christianerfort9842 5 ай бұрын
I did study NNFX and ICT and this is the easiest thing I ever saw
@MrEmontano08
@MrEmontano08 2 жыл бұрын
This is awesome lol ima give it a try 🤣😂
@ImanTrading
@ImanTrading 2 жыл бұрын
😄
@eeallen2491
@eeallen2491 2 ай бұрын
"If you try and hit home runs every time you will strike out and die." ROTFLAMO..... Best trading content on YT, hands down.
@Fixstuffsteve
@Fixstuffsteve 6 ай бұрын
This is so weird! I just started trading literally a week a ago and i just figured this out. I guess I don't know completely nothing now. Yay
@thousandlocks3258
@thousandlocks3258 Жыл бұрын
Can you do more ORB videos on indices?
@TheTeyko95
@TheTeyko95 Жыл бұрын
4:00 Does this also work for trading futures on a smaller interval like 30 - 45s ?
@J._-_-._-._-._-._-._-._-._S999
@J._-_-._-._-._-._-._-._-._S999 Жыл бұрын
Thank you so much for your vid dude! I had a question. Why do this on such a tight timeframe? Does it ever make sense to do this on a ten min or an hour timeframe or does that increase the riskiness?
@tekst3r
@tekst3r Жыл бұрын
tsla is too volatile. he's right abt just taking 30mins on the opening for tsla. anything more than 1min tf for tsla scalp, the swing can be night and day. coz it moves too fast.
@MKproSolution
@MKproSolution Жыл бұрын
Great video man what platform is that?
@ImanTrading
@ImanTrading Жыл бұрын
Thank you. I just used traderview for the screenshots. When I traded this, I used trader workstation through interactive brokers
@ChelleBelle972
@ChelleBelle972 Жыл бұрын
Those hammer candles are indicators that the price will reverse downward. The strat method would have made you more money.
@hammertongswealth4141
@hammertongswealth4141 Жыл бұрын
Hey appreciate your honesty. I notice this video is a year old. A year later and after learning more, would you still say this is a viable strategy for profits in the long term?
@ImanTrading
@ImanTrading Жыл бұрын
It’s certainly a viable strategy, but it takes a ton of discipline and experience to execute properly. Failing to cut just one loss can wipe out quite a bit of profits due to the sometimes violent rejections. I don’t recommend exclusively trading it because of how stressful it is lol, but the consistency of there being a big “pop” through the L/HOD is something to keep in mind regardless of your approach.
@dlob.4332
@dlob.4332 3 ай бұрын
Thanks!
@ImanTrading
@ImanTrading 3 ай бұрын
Thank you so much!!
@diverdown81
@diverdown81 9 ай бұрын
Liked due to good content. Subscribed due to snarkiness. I loved it
@example6978
@example6978 Жыл бұрын
Can we use this on forex
@jakenfred8634
@jakenfred8634 2 жыл бұрын
I gotta thank u after backtesting the trading range thing in addition with my skillzzzz.... anyhow I was already a profitable trader but this just sent it up a good bunch of percents. I was taking trades i shouldn't and getting stopped out
@ImanTrading
@ImanTrading 2 жыл бұрын
Haha right on! Happy to hear that
@Drakanudo
@Drakanudo 3 ай бұрын
Hi Iman, I'm completely new to options and to your channel, but I already subscribed, your content is so good. I have been trading stocks and futures for more than 14 years, but this options are something completely new for me. I understand the basic of options but there is something still unclear about this video, in min 27:50 we see how Matt buys Tesla at 1237.51 and sell at 1230.55 approximately, shouldn't he be losing about 700$ per contract? How is he losing only 1725$ with that trade? Im very confused about this and is really bugging me
@aeyk781
@aeyk781 2 жыл бұрын
Don't you think orb can be confirmation bias? (Not sure about the proper term but hope you get it.) Because if you draw a line and enter at it , the price is bound to either be below or above it. So pretty much anyplace should work not just day high or low. Is there any material that supports that orb better than triangles and h&s patterns? I think it's not about the range breakout but the quick profit takes and loss cutting that makes this a winner.
@ImanTrading
@ImanTrading 2 жыл бұрын
Great question, and I'm happy to see you questioning something. That's a great habit. You're right about drawing a line anywhere and doing this strategy the same way, but that randomness is missing structure. I don't know of any research on this strategy, but Matt Diamond is trustworthy and has been consistently profitable at doing this for a couple of years. I did this myself for a couple of months and was profitable, even though I messed up a few times. Without some dumb things that I did, this strategy would've made me a lot of money. I was a beginner though. One thing that we can objectively look at is the live replays. You will see how the price approaches the HOD and LOD, will actually slow down, it stalls and stays in the same place for a second (which is where we buy in), and then it either shoots through it with a ton of momentum or it reverses. Another objective point: It shoots through the area with way more momentum than how fast it reverses. So, with proper discipline, the profit you take will always be larger than the loss. Even if this strategy was a 50/50 chance of going through or not, the momentum that it has when going through the important levels is enough to offset the failures to break structure. You can see on one of the charts how many opportunities there can be in just one morning session. One way to determine the type of day is based on the wicks. I remember one trading morning when it started looking wicky, so I stepped back and followed my rules based on my analysis of a ton of Tesla morning sessions, and it proceeded to reverse and get crushed on every trading opportunity. These were some objective points, so, while there may be some confirmation bias about believing in this trading system coming out in this video, there are still many objective reasons as to why ORB is good. Of course, it has some negative aspects (just like all trading systems). No trading styles are perfect. Trading ORB on Tesla is extremely terrifying, and it was too much for me to handle. But, through a comment on this video, there are actually people who trade this on slower stocks. Hopefully I made sense in this long message, lol. Keep on always questioning what you see, even when it comes from people who try their best to be objective! I love to see that.
@aeyk781
@aeyk781 2 жыл бұрын
@@ImanTrading damn that was a long reply 💀👍 thanks for responding
@ImanTrading
@ImanTrading 2 жыл бұрын
@@aeyk781 haha sorry, you brought up a really good point, and it deserved some energy.
@yasinozkan
@yasinozkan Жыл бұрын
This reminds me a bit of Oliver Velez strategy but he uses stoplosses with it
@poloska9471
@poloska9471 Жыл бұрын
Hey buddy, although I don’t trade this strategy, just wanted to tell you that you are one key factor that helped me to become consistently profitable, I benefited a lot from your videos when I started with futures and am now profitable with intuition strategy.
@giorgioanastasios4734
@giorgioanastasios4734 Жыл бұрын
Personality is hysterical and. Comical Keep making more videos. Lol
@Lee.mathekga
@Lee.mathekga 15 күн бұрын
Can you trade futures with the strategy?
@Prestoon_
@Prestoon_ 3 ай бұрын
What would be the best trading platform to do this? I use Webull and don’t know if I’m able to do it that fast on there
@trashpandacentral9159
@trashpandacentral9159 2 жыл бұрын
A channel with some integrity and rigor. Not too common to see and refreshing.
@ImanTrading
@ImanTrading 2 жыл бұрын
Thank you very much :)
@danielbeaird6264
@danielbeaird6264 2 күн бұрын
What about short squeezing? Is there any real predictable way to enter just before a short squeeze without doing 60 hrs of research?
@gamemusicmeltingpot2192
@gamemusicmeltingpot2192 3 ай бұрын
i use a green candle on 20 ma as a signal of entry after pullback
@user-cl4yb1pl5s
@user-cl4yb1pl5s 8 күн бұрын
If you regard risk accurately -- time spent in the market -- the best time to trade is EXACTLY when no retail traders are trading, the first few minutes. You can walk away with very successful trades by getting in and out in under a minute. I'll take being stressed out and hyper-vigilant for a minute over having to hold for hours.
@nathanthrower8606
@nathanthrower8606 2 жыл бұрын
when you said "and the bears said get out of here you idiots" everything ive ever learned about trading flashed before my eyes. I think i now finally understand trading. thank you.
@ImanTrading
@ImanTrading 2 жыл бұрын
Haha!
@itsbandar
@itsbandar 3 ай бұрын
you got me from the intro
@albay5348
@albay5348 29 күн бұрын
you had me at "secret"
@jrtill5585
@jrtill5585 2 жыл бұрын
Whats a good trail stop percentage for options about 10 days out? Thanks!
@ImanTrading
@ImanTrading 2 жыл бұрын
Completely depends on your strategy and what the plan is :). Some people don’t like trailing stops, some people do. Personally, I find that trailing a stop just means you’ll get closed out as soon as it pulls back, since price never moves in just one direction for extended amounts of time
@thousandlocks3258
@thousandlocks3258 Жыл бұрын
Can you do a video using level 2 with ORB?
@ImanTrading
@ImanTrading Жыл бұрын
Level 2 was useless for me. As for time and sales, it speeds up AFTER it's done the opening range break, so it's useless. Usually the HOD and LOD get broken with a big pop, rather than a slow movement, so it's of no use to use the time and sales. Matt Diamond, the most prominent ORB strategy user, has them up on his screen but says that they aren't really that useful. At least, that's what he used to say about a year ago when I learned it from him. Not sure what he thinks now.
@thousandlocks3258
@thousandlocks3258 8 ай бұрын
Where is the video you had with just the price action movements for trading the 9:30 open?
@Truehoon
@Truehoon Жыл бұрын
can you make the chart screen consistantly dark mode.
@timothywilson9676
@timothywilson9676 Жыл бұрын
I'm not sure if this will mean anything to you, however it is a good complement. You are kind of the Warren Miller of KZbin trading videos....
@ImanTrading
@ImanTrading Жыл бұрын
I don’t know who he is but thank you lol!
@yashinfinite8338
@yashinfinite8338 2 жыл бұрын
Hi sir! I need help regarding gaps .. While trading options... Sometimes my trade goes against me because I think the gap is going to fill. What to do in such situation
@ImanTrading
@ImanTrading 2 жыл бұрын
Gaps are just another thing that attempts to simplify the market, when in reality it’s just another pattern that sometimes work and sometimes doesn’t work. This video I made will explain everything - kzbin.info/www/bejne/a3mWY6Sgi5xpjqs
@snowflakeca2079
@snowflakeca2079 Жыл бұрын
Sometimes I will sell 50% of my position on the 1st red candlestick and wait for the second. If the next one is green I may let it ride until the next red candlestick comes and I’ll sell 25% more. You HAVE to be DISCIPLINED! When the 2nd red candlestick appears (1 minute time frame): YOU HAVE TO SELL!!!
@Noah-uv7xc
@Noah-uv7xc Жыл бұрын
would this also work on crypto?
@calebhurteau4230
@calebhurteau4230 Жыл бұрын
You got a video on how to sell/buy puts / calls so fast. I get what you're saying, but how to actually buy and sell on the exchange? I don't know
@ImanTrading
@ImanTrading Жыл бұрын
I left a couple videos up of me doing this on my channel if you scroll to the oldest videos. Interactive brokers trader workstation is what I used. Lightspeed is another one, I think that’s what it’s called.
@bretrb
@bretrb 8 ай бұрын
This is not a strategy I would trade, as you said, it can be very stressful, and tbh, I find using other technical chart patterns to be better regarding risk vs reward. BUT, to the opposite of what you said at the end about bad jokes, I find you very witty and appreciate your jokes. Thanks for adding to my joke library.
@lowriskok
@lowriskok Жыл бұрын
7:35 Wrong. First person to buy are day trading shorts covering or very large traders that are accumulating for a different time frame.
@thousandlocks3258
@thousandlocks3258 Жыл бұрын
EXCELLENT EXCELLENT EXCELLENT
@74danishone
@74danishone Жыл бұрын
After tsla stock split, it becomes slow stock to trade, and this strategy became only one dollar move, what you have to say about it?
@ImanTrading
@ImanTrading Жыл бұрын
Either go for smaller moves or trade a different stock. I trade futures now so I’m kind of out of the loop with what stocks are doing now.
@davidtavares3579
@davidtavares3579 Жыл бұрын
where are the backtests?
@waltermorris5786
@waltermorris5786 11 ай бұрын
Dude, it was clear as a bell. You should have shorted at the open of the red bar...after the green rose, then dropped down and turned red...Those were two shooting stars, Any two reversal bars is a strong set up. But it even got better. As I stated, the third bar sent up a green solid bar which then failed, turning into a third wick...Three top wicks. I call this pattern, a Trilogy, denoting the three bars and three overhead wicks That is a reversal pattern....the third bar is a large red bar, another reason to short. The second bar is red and is the confirmation bar. That is the reason the third red bar had NO wick on its opening. The market was very bearish due to the strong reversal pattern. Not surprised the third bar drove through support, and the mkt put in six red bars in a row before the first green bar, a tiny green bar showing the bulls were weak......Why not use two minute bar? I know a hedge fund trader and that is his choice...hes been trading for 40 years. I could continue my analysis but enough for now...Have studied TA for 20 years.
@Roman-uc3bs
@Roman-uc3bs Жыл бұрын
Clay trader literally fomos back and fourth between long and short with every tick, it's hilarious to watch.
@cameronmirochnik8399
@cameronmirochnik8399 2 жыл бұрын
What do you use to trade?
@ImanTrading
@ImanTrading 2 жыл бұрын
NinjaTrader 😁, I just used tradingview for these charts
@OnlyTradingShit-xq6dj
@OnlyTradingShit-xq6dj 9 ай бұрын
how much does 1 contract cost?
@paingpaing1685
@paingpaing1685 Ай бұрын
I subscribe and like this video cuz I also hate when KZbinrs ask for like and subscribe, Great joke!! Btw, I am newbie at trading has been learning for a month (tried trading years ago and lost most of the trade and quit) and now I am trying paper trading with a 70% win percent of small win profit 17%. Trying to be a better scalping trader. But still not sure I am ready. Aiming to do trading as a professional career. Should I continue paper trading or started the real thing? My capital is as low as 100$. The only thing I am confident is my emotions control. Thanks
@askholland
@askholland Жыл бұрын
I literally had an ad saying you can make $5000 trading options and quit your job just like me, right after you said you can post that you made $5000 in less than one hour on your KZbin to give new traders unrealistic expectations 🤣
@dlob.4332
@dlob.4332 3 ай бұрын
No homo, I love you man ❤ pls keep going
@maxg6040
@maxg6040 Жыл бұрын
Ross Cameron trades like this. And even though I've watched almost all his content, I only now understand how he get's in. Still don't understand how to take profit. :P
@redfalconnutrition263
@redfalconnutrition263 2 жыл бұрын
What's the origin of the phrase 'Take with a grain of salt'? The idea comes from the fact that food is more easily swallowed if taken with a small amount of salt
@ImanTrading
@ImanTrading 2 жыл бұрын
Haha thank you
@jms4406
@jms4406 Жыл бұрын
Feeling frisky lol
@nickmancini11
@nickmancini11 2 жыл бұрын
You mentioned stocks and options, how about futures like rty?
@ImanTrading
@ImanTrading 2 жыл бұрын
I’ve only paid attention to NQ and ES, but ORB does not work as well on them as it does for individual stocks.
@nickmancini11
@nickmancini11 2 жыл бұрын
@@ImanTrading ok. Thanks man. I appreciate your fun and educational videos. A lot of bs out there and it’s good to hear from a voice of reason.
@ImanTrading
@ImanTrading 2 жыл бұрын
@@nickmancini11 thank you very much :)
Каха инструкция по шашлыку
01:00
К-Media
Рет қаралды 8 МЛН
ГДЕ ЖЕ ЭЛИ???🐾🐾🐾
00:35
Chapitosiki
Рет қаралды 15 МЛН
5 MINUTE OPENING RANGE BREAKOUT STRATEGIES (2)
15:12
NetPicks Smart Trading Made Simple
Рет қаралды 32 М.
Exposing ICT and his concepts once and for all. This took 3 months.
43:37
How To Trade Opening Range Breaks (ORBs) Trading Strategy!
15:46
Matt Diamond
Рет қаралды 62 М.
The BEST Trading Advice from Tom Hougaard's "Best Loser Wins"
22:30
Options Trading for Beginners (The ULTIMATE In-Depth Guide)
2:53:42
projectfinance
Рет қаралды 16 МЛН
Support and Resistance Didn't work Till I Discovered This SECRET
13:18
Каха инструкция по шашлыку
01:00
К-Media
Рет қаралды 8 МЛН