DO THIS TO STOP LOSING
Register for Oliver Velez’s upcoming trading session here: https://olivervelezsession.com/registration-bf-nov26-v34 📈 RUN THIS 3-STEP TEST BEFORE YOU TAKE YOUR NEXT TRADE Before risking money on a trade, Oliver Velez wants three things working in your favor: Position, Color and Trend. Together, they form the PCT Test — a simple filter designed to eliminate low-quality trades before they become losses. In this video, Oliver explains how to identify positive and negative position, determine the dominant color, read trend with the 20 SMA and quickly grade every potential trade. You’ll also learn why 2-X trades should usually be rejected and how state and location can further strengthen the setups that pass the test. CHAPTERS 0:00 Do This to Stop Taking Bad Trades 1:25 The 20 & 200 SMA 2:40 Understanding Position 3:45 Narrow, Wide & Neutral State 5:00 How to Find the Dominant Color 6:40 The PCT Test Explained 8:10 P = Position 9:05 C = Color 10:00 T = Trend 11:05 Why 2-X Trades Are Bad Trades 12:20 How the PCT Test Changes at the Open 13:45 Microsoft: A Trade That Fails the Test 15:15 Using PCT With the Color Game 17:05 A Perfect 3-Check Trade 18:40 Why State & Location Still Matter 20:10 Leave the Trap Zone Alone 21:30 Power Bars Near the 20 & 200 SMA 23:00 Applying PCT to Short Trades 24:35 2 Checks vs. 3 Checks 25:35 The Base Formula for Better Trade Selection WHO IS OLIVER VELEZ Oliver Velez has traded the markets for more than 40 years. He founded Pristine Capital Holdings from a basement apartment in New York and built it into one of the leading trading education firms in the United States. In 1999 Dow Jones called him "The Messiah of Trading." He is the author of Tools and Tactics for the Master Day Trader, Strategies for Profiting on Every Trade and Swing Trading, and today he is CEO and Chief Trading Officer of iFundTraders, where he trains traders across the Americas, Europe and Asia. CONTACT Want help choosing a program? Talk to my team on WhatsApp: https://wa.link/pdayni Support: support@tradingolivervelez.com FOLLOW OLIVER Subscribe to the channel: https://www.youtube.com/@OliverVelezTrading?sub_confirmation=1 Instagram: https://www.instagram.com/olvelez007 Facebook: https://www.facebook.com/olvelez007 X: https://www.twitter.com/olvelez007 ⚠️ DISCLAIMER Oliver Velez will never ask you for money Oliver Velez Trading & Ifundtraders its members, directors, employees and collaborators do not collect money from the public or manage third party accounts. All content on this channel is for educational purposes and does not constitute investment advice. Strategies and investments involve risk of loss. None of the information found in this video should be construed as a guarantee of results. Any decision made by the viewer is solely and expressly their responsibility. #olivervelez #oliverveleztrading #tradingstrategies #daytrading #priceaction #tradingeducation
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