How To Make $1,000+ a Day With One Trading Tactic | Oliver Velez
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1 year ago
Published on Apr 25, 2024
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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.