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

[@ImanTrading]

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 If you're new to me, I have MANY prop firm payouts, but I'm not a trading-guru who sells courses. See the best firms ranked and compared here (and discounts) - www.imantrading.org/prop-firms

[@gauravbhayana4626]

YOU MEANT 0.20 DOLLAR CHANGE FOR EVERY 1 DOLLAR RIGHT NOT 20 DOLLARS FOR 1 DOLLAR

[@ImanTrading]

@@gauravbhayana4626 no, a .2 delta means that for every 1 dollar change in the underlying, the worth of the contract changes by $20

[@strobe9]

@@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]

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

[@Posterharpua]

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]

What’s your take on 15 min ORB breakout especially for SPY/QQQ?

[@Posterharpua]

@@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]

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..

[@killshot7041]

How much do you make?

[@nathanthrower8606]

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]

Thank you very much, that means a lot to me :)

[@poloska9471]

Agreed, he is a no bullshit man Edit: and he is hilarious

[@Megan-rz4fc]

34 seconds in and I trust you. Very grounded, solid, honest insight.

[@snowflakeca2079]

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]

how's that $TSLA position

[@killshot7041]

Since there are always wins and losses, how much money do you put in and how much money do you make in a month?

[@killerz3000]

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]

Thank you, and very happy to hear that!

[@ronniebass1140]

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]

Same here, let the candle close and set a stop loss

[@Ilk2er]

@@alonzorogers5889 only idiots waiting candle closes

[@GB-kl2pd]

@@Ilk2er You never traded in your life🤣

[@jsjsskdidk647]

I also wait candle to close in M1

[@watchingthedot]

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]

Haha thank you very much 😄

[@1billionview550]

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]

I will definitely get around to that at some point. Thank you for the kind words :)

[@LiteraryPhantom]

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.

[@dlob.4332]

Thanks!

[@ImanTrading]

Thank you so much!!

[@techedbassoon]

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!

[@jsjsskdidk647]

This is the golden guide on ORBs so far I’ve seen. I always tried to implement Matt and Andrew. But their approach is too complicated. Good job.

[@AT-sd9ej]

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]

Thank you!!

[@Steven-T]

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.

[@CoachEd78]

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.

[@arwood111]

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]

What timeframe do you trade QQQ using ORB? I find 15m/1hour to be be good on SPY.

[@ericsouther1027]

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]

Right on! I used IBKR too (Trader Workstation)

[@rebelandatrader]

Your candidness is refreshing.

[@lukesimard6169]

Ive been trading for a while by far one of the best videos I have seen.

[@davidsherrill382]

One of the best vids I’ve watched in the last to years of day trading, thanks very very much man!!

[@eeallen2491]

"If you try and hit home runs every time you will strike out and die." ROTFLAMO..... Best trading content on YT, hands down.

[@liftingdermatologist]

Great explanation. I like your humor too. Liked and suscribed!

[@tamer3168]

Awesome Honest Review of the system

[@ImanTrading]

Thank you very much :)

[@trashpandacentral9159]

A channel with some integrity and rigor. Not too common to see and refreshing.

[@ImanTrading]

Thank you very much :)

[@sscaustic]

great vid .

[@RCP3Kids]

Love your humor, sarcasm and insight. If you ever stop trading you should think about some kind of comedy gig.

[@cameronmirochnik8399]

Thanks man! This is my favorite channel. I am going to back test this on demo trading

[@ImanTrading]

Thank you so much 😄

[@trell019]

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

[@HSagittarius]

its been a month since I have started trading now and I think I have came across something that normally people would after loosing a lot of money grateful for your info brother ( don't judge my english btw not native)

[@EternitySoundDesign]

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]

Haha I love that, and thank you as always! ❤️

[@Fixstuffsteve]

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

[@akeeljohnson3531]

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

[@2585ANDY]

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]

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]

I mark the range of first 15 minutes. But then that's not for the US stocks but Asian market as I trade there

[@natereeves2807]

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.

[@trell019]

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

[@willdaniels5353]

Great video, option video with the Greeks! Thanks!

[@ImanTrading]

Thank you! I’ll try to get around to that soon :)

[@bradh1870]

21:24 Ahhh Mitch Hedberg…and it all comes together. I knew I liked you. 🤣 “I don’t wanna squeeze a plastic frog for my day trades!”

[@christianthomas2628]

Great content!

[@Ben-zq6hg]

Amazing video. And funny too!

[@DysmasTheGoodThief]

I trade trends, I would honestly see resistance on the second red candle to the right of that green at 9:40, and shorted it if the 1, 4 and daily confirmed it. Otherwise I would have waited 5, gone long and waited an hour to watch the trend develope

[@migch28]

First time google brought me to this wonderful video. Subscribed! You mentioned every situation how I died 😂😢

[@marinrodriguez7729]

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!

[@iane.millais2982]

Great Video. Please do onee on the Greeks.

[@ImanTrading]

A more in depth video on options is up on my channel, just have to scroll down a little bit :)

[@ChelleBelle972]

Those hammer candles are indicators that the price will reverse downward. The strat method would have made you more money.

[@ismith351]

Very good video. Thanks

[@nathanthrower8606]

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]

Haha!

[@lowriskok]

7:35 Wrong. First person to buy are day trading shorts covering or very large traders that are accumulating for a different time frame.

[@christianerfort9842]

I did study NNFX and ICT and this is the easiest thing I ever saw

[@aeyk781]

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]

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]

@@ImanTrading damn that was a long reply 💀👍 thanks for responding

[@ImanTrading]

@@aeyk781 haha sorry, you brought up a really good point, and it deserved some energy.

[@Troyson04]

@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

[@mrtrader4628]

Please make the Options video on the Greeks I'm new to this.

[@CoachEd78]

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.

[@askholland]

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 🤣

[@calebhurteau4230]

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]

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.

[@silkysilv101]

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

[@hammertongswealth4141]

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]

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.

[@bodhisoha]

If you're doing this kind of trading you need to be trading the 15 second or even the 5 second chart. Things become clearer then. You also need lightning fast execution and conviction.

[@example6978]

Can we use this on forex

[@gauravbhayana4626]

hey iman great video and yes for that option greeks video plz upload it

[@ImanTrading]

Thank you! I’ll try to get around to it soon

[@tekst3r]

cool! i feel wat you've shared.

This was great content. So are you sticking to the other Matt's strategy? ES futures?

[@ImanTrading]

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.

[@giorgioanastasios4734]

Personality is hysterical and. Comical Keep making more videos. Lol

[@apathyreview3964]

Here is a cool trick. Draw a rectangle around all the consecutive same coloured candles then treat that as one candle and do it again any same coloured candles get combined into one massive candle. Then basically read the chart as if they are massive engulfing candles. ProTip they are.

[@jakenfred8634]

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]

Haha right on! Happy to hear that

[@snowflakeca2079]

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!!!

[@thousandlocks3258]

Can you do a video using level 2 with ORB?

[@ImanTrading]

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.

[@arturdomingues9117]

Thank you for your videos! keep up the good work! learing a lot !

[@ImanTrading]

Thank you! Happy to hear that 😄

[@MKproSolution]

Great video man what platform is that?

[@ImanTrading]

Thank you. I just used traderview for the screenshots. When I traded this, I used trader workstation through interactive brokers

[@jetsonearth4819]

Interesting strategy! Have you ever tried incorporated volume into the strategy? Would it boost your success rate?

[@Kiko_52]

you are the best love ya !

[@tobiaswillis3127]

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?

[@redfalconnutrition263]

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]

Haha thank you

[@thousandlocks3258]

Where is the video you had with just the price action movements for trading the 9:30 open?

[@timothywilson9676]

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]

I don’t know who he is but thank you lol!

[@surajaayan2633]

Iman @ timestamp 23.00 you had choosen the wrong level for explaining..the levels should be of days 1st and 2 nd candle ( because they are the opposite colour candles in 1 min timeframe). and look after what has happened the candles broke the second candle low and it fell

[@ImanTrading]

Technically, a range has been created after the first minute. By that logic, a range has also been created after the first second of the market open. It’s not a good idea to treat the first two candles as the range. Sometimes it works out, but most of the time it’s way too volatile for most traders. A good trading guide has to have information that is helpful to the most amount of people, not necessarily the most skilled and experienced. Some people could trade that fast, but most are better off waiting. Yes, the price broke the second candle, but what happened after that m? It went straight back up. I talk about this more in the chart analysis, so I’ll leave it at that and let the video do the talking. Just because the first and second candles are different colors, and technically that is the range, it doesn’t mean that’s a good quality setup to play a low of day or high of day break.

[@surajaayan2633]

@@ImanTrading ok iman what I do is o don't enter when the range gets broke i will wait for a candle to close after the range and will wait for restest near the range ..some times retest may happen or may not ..but strictly i will wait for the candle to close either above or below the range

[@ImanTrading]

@@surajaayan2633 that’s a valid strategy too. It’s just a completely different thing from playing the breaks of the high of day and low of day price. That’s what ORB and this video is about

[@navketan1965]

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?

[@MrMrSaldana]

🚨🚨..How much money in account and how much is at risk ? I think making a trade and how that is all setup is just as complicated as anything for me at this point..lol..I’ve watched and listened to a lot but none of it was every on making a trade.lol..like what needs to be in order to make $1,000 in a trade or a day ?

[@poloska9471]

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.

[@davidtavares3579]

where are the backtests?

[@74danishone]

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]

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.

[@nickmancini11]

You mentioned stocks and options, how about futures like rty?

[@ImanTrading]

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]

@@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]

@@nickmancini11 thank you very much :)

[@Obliv210]

hello. once I found your channel, i have been watching your videos non-stop. thank you so much. I have a question; what is it called when a very expensive stock has a second ticker symbol where the stock has cheaper shares?

[@yasinozkan]

This reminds me a bit of Oliver Velez strategy but he uses stoplosses with it

[@crisvsolima]

Is this applicable with futures too?

[@diverdown81]

Liked due to good content. Subscribed due to snarkiness. I loved it

[@TaylorYarick]

Why not use this on futures?

[@waltermorris5786]

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.

[@rafaelm.5025]

I dunno why you don't use a 5 minute chart to use ORB if you are wating a 4-5 candlestick range in 1 minute to start trading breakouts. I use ORB daily in a 5 minute chart and you get the same effect.

[@prabhsingh5936]

Have you been consistent with 5 minutes orb?

[@tylerborg8000]

How are you day trading stocks with the PDT rule

[@bodhisoha]

You also need to understand where folks are placing their stops. Price will always go there before resuming the trend.

[@jrtill5585]

Can you use this on 45 min chart?

[@ImanTrading]

Not this strategy, no. 45 minutes is longer than the entire trading session this is designed for lol

[@jrtill5585]

@@ImanTrading ok do you have 1 for people that cant check in but every hour or 2. Thanx

[@ImanTrading]

@@jrtill5585 sorry, I don’t. I used to trade this strategy, which is why I made a video on it. Sounds like swing trading would be a good fit for you. Or, trade futures, since their hours might be a better fit for your schedule.

[@jrtill5585]

@@ImanTrading its cool i appreciate your input. Yes i swing trade bc work and being a single dad is a lot. Ty sir

[@jrtill5585]

Whats a good trail stop percentage for options about 10 days out? Thanks!

[@ImanTrading]

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

[@YAK-Trades]

What platform do you use?

[@ImanTrading]

For this I used trader workstation with interactive brokers. I trade futures through NinjaTrader now though.

[@itsbandar]

you got me from the intro

[@cameronmirochnik8399]

What do you use to trade?

[@ImanTrading]

NinjaTrader 😁, I just used tradingview for these charts

[@thousandlocks3258]

Can you do more ORB videos on indices?

[@MojoMfg]

What trading platform/broker do you use?

[@ImanTrading]

This was just from tradingview because I needed Tesla’s charts. Other than that, I use NinjaTrader 😁

[@MojoMfg]

@@ImanTrading I meant when you were live trading the options, was that ninjatrader? It looks like Matt Diamond uses lightspeed. I didn't realize you could trade options on ninjatrader. I hate ToS because its seems like I'm always jumping through a bunch of hoops to buy and sell options

[@ImanTrading]

@@MojoMfg ooooh lol my bad. I was using interactive brokers, using their trader workstation. Was clunky at times, but that’s what Matt used to use

[@MojoMfg]

@@ImanTrading Gotcha, well that looks like a really intuitive and fast platform as well. I'm just looking for more speed and ease of use. 2 clicks and you're in and out of a trade.

[@ImanTrading]

@@MojoMfg yessir, trader workstation is wicked fast. Plus, only $4 a month for all the necessary data, and very cheap commissions.

[@yashinfinite8338]

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]

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

[@MrEmontano08]

This is awesome lol ima give it a try 🤣😂

[@ImanTrading]

😄