How To Make $1,000+ a Day With One Trading Tactic | Oliver Velez

2 min read 1 year ago
Published on Apr 25, 2024 This response is partially generated with the help of AI. It may contain inaccuracies.

Table of Contents

How to Make $1,000+ a Day Trading with Oliver Velez

Step 1: Introduction to Oliver Velez

  • Oliver Velez is a renowned trader, advisor, and entrepreneur.
  • He is known for his expertise in trading the financial markets for a living.
  • Oliver Velez is a pioneer in day trading, with over 10,000 traders under his guidance globally.

Step 2: Requirements for Trading

  • You need a minimum of a $100,000 trading account, preferably more.
  • Oliver Velez provides funding for traders and emphasizes not risking personal capital.
  • The trading strategy focuses on narrow range bars and a 20-period simple moving average.

Step 3: Trading Guidelines

  • Follow the Asymmetric Trading Group (ATG) strategy.
  • Limit losses to $100 per trade at level one, increasing to $200 and $300 at higher levels.
  • Determine share size based on the risk of the narrow range bar.

Step 4: Selecting Stocks

  • Trade stocks in the $20-$100 range with institutional sponsorship and narrow spreads.
  • Focus on active, liquid stocks like Apple, Facebook, or similar well-known companies.

Step 5: Trade Execution

  • Trade in the direction of the 20-period moving average.
  • Look for narrow range bars and color changes for entry signals.
  • Limit losses to $100 per trade and adjust stop-loss levels as the trade progresses.

Step 6: Professional Trade Management

  • After a $100 gain, move the stop-loss to break even.
  • Consider taking partial profits after a $200 gain and adjust stops accordingly.
  • Use a systematic approach to manage trades and protect profits.

Step 7: Continuous Learning and Improvement

  • Follow Oliver Velez's YouTube channel for daily market insights and trading strategies.
  • Apply the principles of trading with the trend, managing risk, and maximizing profits consistently.

Step 8: Joining Oliver Velez's Pro Trading Plan

  • Access capital for trading without risking personal funds.
  • Join the program for a fee ranging from $1,700 to $3,000 for lifetime training and capital access.

By following Oliver Velez's trading tactics and guidelines, traders can aim to make $1,000 or more per day by effectively managing risk and capitalizing on market opportunities.