We are welcoming Oliver Velez back after his summer vacation and he has returned with a big bang. In this 13th installment of his popular Trade The Open Like A Boss! video series, Oliver Velez trades while teaching the difference between two popular styles of trading, both of which are valid: Momentum Trading and Pullback Trading. Oliver Velez is more of a PullBack Trader, although he does mix the two at times, which he does in today's trading session. Mr. Velez makes it clear that a trader needs to find out which of these two styles better suits his personality. In most cases, this calls for the trader to experience both styles equally until one emerges as feeling more natural and producing better overall results.
Watch! Listen and Learn as Oliver Velez continues the journey toward raising your level of sophistication as a trader to newer and higher heights.
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If you are interested in being trained and/or funded by Oliver Velez contact [email protected] for details. Oliver Velez believes the fastest way to trading success is to put aside the fear of losing your own money. It is this fear that oftens stands as the biggest obstacle to making it. Email today!
Please watch: "You Suck! Here's Why!" Before you place another trade!
Live these series! You gotta start doing if again.. :)
One question if I may ask, when it's gapping up/down and say you have 3/4 reasons it will be that direction its heading - if it were not to, when would you get our of the trade? When it's bashing through 200ma and so forth?
This is the best, most worthy strategy, thouroghly fitted together, very specific Technicals, very different from all the other "momentum " strategy while feeding us the amazing "behind the mind of a market maker knowledge and skill of charts patterns. Your absolutely right, nobody can for see into the stock market plays, but more powerful than that, you can we prepare yourself to understand the set up when presented, and confidently know what to do specially and how to attack. And also, I will train myself to not play the pnl for my decision, and always try to add liquidity into the market it ultimately serves well for many good reasons.
The early/open morning trading aspect is somewhat dubious, as regarding the large spreads and volatility. Your illustration with the large gap of Apple. I believe that upon first viewing, this would probably tend to pull back, (I have not watched the whole video) what it did then, but, in general, to not commit oneself too early due to the movement and the price scale on the chart would make one apprehensive to do too much with this.
Oh! One thousand shares of Apple is just light stuff, but six to seven thousand is when your are really getting your feet wet. How do you teach like this, especially, to people who are just starting and do not have the resources which you possess?
+Oliver Velez You're truly dedicated to your craft. You actually take time to answer people. I respect that. I actually live in Palm Beach as well. I'd like to be one of your student one day. In due time lol...
Magnr is a handy cross-platform trading site connected to a few big Bitcoin exchanges. Accounts never require any personal data or identitiy proof. So signup is quick and possible with anonymous data.
Leverage is available at Kraken up to 5x for several cryptocurrency pairs, including bitcoin. The fees are depending on the volume of the margin account.
Bitcoin can be traded on GDAX up to 5x leverage. The margin trading option must be manually turned on the account in order to make sure the users understands and reads the associated risks.
Margin trading is basically borrowing funds to purchase an asset, this allows you to buy more bitcoins that you would normally be able to do normally in the hope of making bigger profits on the price movements.
Advantages of Margin Trading.
The biggest benefit of margin trading is that you can take advantage of the additional funds when the market moves in the direction you expected. The overall profit of the positions once the bitcoins are soled and the loan is repaid is significantly higher compared to an ordinary trade execution.
Disadvantages of Margin Trading.
The disadvantage of margin trading is by nature the amount of risk a margin account can hold. The higher amount of leverage you take the bigger amount of money you can loose in case the market moves in an unfavorable way. Due to the margin call, the margin account must be funded countinuesly that involves significant amount of liquidity. It is only advisable to trade on marking if you have enough experience already on the market. To mitigate the associated risk, many trading platforms only offers limited amount of leverage trading opportunites.