You the 🐐 fr! I learned more in one weekend of watching your videos than 1 and a half years of discords, patreons, and courses. Your breakdowns are unmatched 🙌🏾
I appreciate that man, I try to simplify the concepts in a way I would have wanted to be taught when I was learning! These videos do take time to make so comments like this really mean a lot!
@@mystic-jeff I could be wrong but 5-10% per trade. So $10,000. $500-$1000 worth of contracts. That could be 2-5 depending on the ticker. For TSLA its about 2-5. But you set your SL of that $500-$1000. So say 20%. But I don't want to spread having a set % SL in your head.....But I'm learning and blew my account so continue to ask others.
thx for the trades Summit, cant wait to be there. been following you for about 8 month, and turned to be a profitable trader , look forward to joining your trading community.you are the real BOMB 🙂
Seriously, I've been hooked watching your videos. I too have learn so much just off the videos than I've learned in my $150/month discords. Which I learned this before blowing my 1st account. My goal is to learn as much as I can and try again with your guidance.
Great videos, very clear on the price action. The gap is the options portion of the trade. Would like to see how you set up the options contract and exit, especially how you place your stop loss on the options.
I keep practicing your trend lines, highs and lows on the daily, highs and lows on the 4 hr (pre-market), then when the bell rings, wait for the first five min candle to form to mark out the highs and lows before moving down to the 1 min chart. Using my indicators with my paper trading only doing base hits. So far so good man. Thanks. Btw, this works for futures to.
Keep backtesting til you're comfortable with the strategy. Just know that there is a BIG difference between paper and CASH. Also you will never get the perfect fills you get when paper trading...sometimes the market blows through your buy or stop out order and you wind up missing a trade or taking a bigger loss. I missed this exact trade cause I got distracted on a different chart. When I looked back to the TSLA chart it had already moved too far for my risk/reward, and I was not going to FOMO chase it. On to the next trade.
@@ScarfaceTrades Hi Scarface, I currently have access to premarket data for indices but not for individual stocks. How can I get premarket data for stocks as well?
Hi tony, Thanks for the new video, I have downloaded all your videos from the very beginning. It is very informative and can be treated as a way of making a living on stock. I appreciate your effort of giving us the right lecture and education.
Your videos are very helpful but can you please show your IB settings? Can you please show us in more detail how you trade options. I'm sure a detailed and more accurate clarification would help many of your followers, especially me. Thanks in advance
@@ScarfaceTrades Thank you very much for the seminar. I really appreciate all your efforts! As I am in Europe, it can be quite late for me to attend live. Therefore, my question is: will you be recording and uploading it to your channel? Thanks again!
Another super valuable video Sacrface!👏🏾 May the Lord continue to bless you and increase your understanding, wisdom, knowledge and success in Jesus name 🙏🏾
Salut scarface!je sais tu comprend pas l’anglais mais pas grave je t’écris pareil!lol je voulait te dire que grâce à toi je suis rentable c’est fou!ta façon de travailler est tellement simple et tres efficace!jadore ta façon tu explique ta façon de travailler!merci beaucoup et bravo pour ton travail je t’écoute religieusement à tout les fois tu met une vidéo!🙏🙏🙏😎😎😎
Today, I actually took TSLA PM high as well, I got stopped out myself. However right after I took AMD 5 min orb retest, I made the loss back from TSLA & more. At the end of the day trading is all probabilities and we just want to place ourselves infront of higher odds of winning!
Hey Tony am an Indian student of ur trading journey and I seriously do benifit with ur strategy but I guess indian markets are too volatile these days and am not able to get trades or loosing some of them. All the best for ur summit wish I was there to attend it but Good wishes from India.
Thank you very much for the seminar. I really appreciate all your efforts! As I am in Europe, it can be quite late for me to attend live. Therefore, my question is: will you be recording and uploading it to your channel? Thanks again!
hi Tony thanks for sharing a great video, another transparency we would like to see is how many contracts do you purchase per trades. If you could share that insight, it would be great.
Hey Tony, when you were back testing, how did you specifically figure out "retest" into the ORB High or Low range? Would love to be able to back test myself - great content for newbies like me!
how do you do it in forex like you use the different session opening range or the day opening range if the sessions opening range then can we take three trades a day with a trade in london, newyork and asia session each?
I love your content. One question here please. In the ORB back testing example, it seemed like you marked the high of the 5 minute (wick included) but only the body low (excluding wick)… any reason for that?
Bro amazing content. Thank you for your effort behind it all. Does your accelerator program cover crypto / can I trade from london but still the Eastern time / and do you cover interest free exchanges like 8 hours no interest for trades etc.
Must the retests come back the previous highs/ lows before continuing the directions ? Or as long as it doesn’t break the lines once it break the 5 MINS ORB ?
Hi Scarface, I noticed you’re using moving averages on your Tesla chart. which do you prefer using EMA or SMA in your analysis? Also, how many days do you typically set for these moving averages? Thanks!
Question: when he said he made $1,500 is that on TOP of the $1,000 he had to put down? Or does he net a $500 increase to his account because he got back his $1,000 but now has $1,500?
There are approximately 250 trading days. Since you traded 165, were the vast majority of days with no trades because there weren't good trades available?
If i have a small account Im trying to grow around $2200 atm, webull doesn't allow me to trade options do you have any suggestions or advice on how to grow this smaller account? Great video I learned so much already!
@@ScarfaceTrades great to find ya, just found ya today, yea i say ya or yall, im from the south......lololol,, signed up for your sept 8 teaching. rubbing my hands together already ....lololol
You the 🐐 fr! I learned more in one weekend of watching your videos than 1 and a half years of discords, patreons, and courses. Your breakdowns are unmatched 🙌🏾
I appreciate that man, I try to simplify the concepts in a way I would have wanted to be taught when I was learning!
These videos do take time to make so comments like this really mean a lot!
When you say risk 5_10% of account, do you mean that's the max loss or use 5-10% worth of contracts ??
@@mystic-jeff Max loss….
@@ScarfaceTradesbro you accept payment through Usdt ppz
@@mystic-jeff I could be wrong but 5-10% per trade. So $10,000. $500-$1000 worth of contracts. That could be 2-5 depending on the ticker. For TSLA its about 2-5. But you set your SL of that $500-$1000. So say 20%. But I don't want to spread having a set % SL in your head.....But I'm learning and blew my account so continue to ask others.
My three favorite channels: Scarface Trades, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
thx for the trades Summit, cant wait to be there. been following you for about 8 month, and turned to be a profitable trader , look forward to joining your trading community.you are the real BOMB 🙂
Great trading video 🔥
Great stuff, I still prefer your pre market break and test strategy, that's the best one
Thank you for the education 🙌
Seriously, I've been hooked watching your videos. I too have learn so much just off the videos than I've learned in my $150/month discords. Which I learned this before blowing my 1st account. My goal is to learn as much as I can and try again with your guidance.
Glad you like them!
The only real one out there
Great videos, very clear on the price action. The gap is the options portion of the trade. Would like to see how you set up the options contract and exit, especially how you place your stop loss on the options.
I keep practicing your trend lines, highs and lows on the daily, highs and lows on the 4 hr (pre-market), then when the bell rings, wait for the first five min candle to form to mark out the highs and lows before moving down to the 1 min chart. Using my indicators with my paper trading only doing base hits.
So far so good man.
Thanks.
Btw, this works for futures to.
Base hits > home runs.
Base hits are consistent and will keep you in the game for a long time!
yep base hits , just like PETE ROSE said, just want to get on base...
Keep backtesting til you're comfortable with the strategy. Just know that there is a BIG difference between paper and CASH. Also you will never get the perfect fills you get when paper trading...sometimes the market blows through your buy or stop out order and you wind up missing a trade or taking a bigger loss. I missed this exact trade cause I got distracted on a different chart. When I looked back to the TSLA chart it had already moved too far for my risk/reward, and I was not going to FOMO chase it. On to the next trade.
@@ScarfaceTrades Hi Scarface, I currently have access to premarket data for indices but not for individual stocks. How can I get premarket data for stocks as well?
Hi tony, Thanks for the new video, I have downloaded all your videos from the very beginning. It is very informative and can be treated as a way of making a living on stock. I appreciate your effort of giving us the right lecture and education.
100k subscribers 🎊 🎈 🙏 🙌🏽👏🏼👏🏼👑
Iv been watching scarface for sometime now and let me tell you his videos are unmatched with this fake gurus courses.more love to you scarface
Appreciate it man!
thanks for all you do i surely appreciate it and im greatful learning a lot from your content
Glad to hear your getting value!
Always has the best info❤
Your videos are very helpful but can you please show your IB settings? Can you please show us in more detail how you trade options. I'm sure a detailed and more accurate clarification would help many of your followers, especially me. Thanks in advance
It works man !! Thanks, simple as it is !!
when it trends yea it works.. same as the MACD and RSI.. when it works, its beautiful..
Nice. Excited you’re doing this seminar. Thank you for giving back.
Your welcome been working on it for a while so I’ll make sure to provide a lot of value!
@@ScarfaceTrades Thank you very much for the seminar. I really appreciate all your efforts! As I am in Europe, it can be quite late for me to attend live. Therefore, my question is: will you be recording and uploading it to your channel? Thanks again!
Thanks for the video scarface.
thks scarface..follow ur strategy n make profits..still on sharpen yr style..
I appreciate Scarface's valuable content; in return, we can make Tony Summit a great success.
Great job on that
You are the best teacher, finally profitable! Will save up the profits to join
Great to hear, keep learning!
ORB is beautiful on trends days.. hands down.. on choppy days, you stopped out after a fake break out..
Another super valuable video Sacrface!👏🏾 May the Lord continue to bless you and increase your understanding, wisdom, knowledge and success in Jesus name 🙏🏾
It’s edge you need ,
Salut scarface!je sais tu comprend pas l’anglais mais pas grave je t’écris pareil!lol je voulait te dire que grâce à toi je suis rentable c’est fou!ta façon de travailler est tellement simple et tres efficace!jadore ta façon tu explique ta façon de travailler!merci beaucoup et bravo pour ton travail je t’écoute religieusement à tout les fois tu met une vidéo!🙏🙏🙏😎😎😎
Just a couple of questions. Is the 5min opening candle you're marking the one that finishes at 9:35? Do you ever trade these on futures?
I got stopped out in TSLA PM high retest 5 min into the open. On to the next. Great video! Keep em coming !!
Today, I actually took TSLA PM high as well, I got stopped out myself.
However right after I took AMD 5 min orb retest, I made the loss back from TSLA & more.
At the end of the day trading is all probabilities and we just want to place ourselves infront of higher odds of winning!
@@ScarfaceTrades can you use this on forex like eurusd
@ScarfaceTrades what's a PM and ORB
@@user_abcxyzz Pre Market (PM) Order Block (ORB)
being in a group really helps.. there are thousands of stock to be looking for ORB.. not just TSLA..
Does this work on gold? Ty
would love to join it. got to work.
*Thank you for posting. (What platform/app did you use to backtest--and then analyze and present--your data?)*
Problem with this is that it's easy to go over and backtest when you can see the charts already and know what's coming.
Hey Tony am an Indian student of ur trading journey and I seriously do benifit with ur strategy but I guess indian markets are too volatile these days and am not able to get trades or loosing some of them. All the best for ur summit wish I was there to attend it but Good wishes from India.
No such thing as too much volatility 😂 that's where money is made
always early for the game
Put in the time, reap the rewards 🙏
Let’s goooo 🔥
🤝🤝
Thank you very much for the seminar. I really appreciate all your efforts! As I am in Europe, it can be quite late for me to attend live. Therefore, my question is: will you be recording and uploading it to your channel? Thanks again!
hi Tony thanks for sharing a great video, another transparency we would like to see is how many contracts do you purchase per trades. If you could share that insight, it would be great.
Do you have a video explaining order blocks?
ua-cam.com/video/-x9_-XbkNKc/v-deo.htmlsi=NfQK1SD6Nxvgufj_
I would like to see one 👍😊
Pls do promo on your discord so everyone can afford😊
how can i be in your live trades in your group ? i wonna learn
Tony . You are my mentor ! And I’ve seen results already
Love to hear it brotha 🙏
Sir we can use this in Forex?
Hi! How do you know where the orders blocks are?
I also interested to know more about how to find order blocks on 1 min chart
How do you treat the gap? Market gap up and gap down ….
Thanks heap bro! the things i want to know is that is this strategy work anytime or just works in US section. Can anyone explain pls
Hi, thks for your wonderful videos...just came across your channel. May I know what software did you use to do your backtesting?
will this works in the small cap world?
How much money do I need to invest to have 3-5k monthly income ? Do interactivebrokers offer a 10k account, or 20k account etc?
which open session london or US ?
How can I join the accelerator?
love your videos keep them coming, when your doing your breakdown in this video what program or software are you using to get all your data?
Which Trader would you recomend? Thanks in advdnce
Help me with adx strategy
Someone else asked as well, is there software that you use for back testing?
Hello, What broker are you using to trade Tesla?
Hi friend. Thank u for the videos but could u please leave out the background music. It's hard to focus on ur words. Sorry man.
Dear Mentor, may I know can we apply your strategy on forex trading, please?
How to select which pair to trade?
just wondering what indicator do you use to show premarket regions? Also keep up the great work man, your my inspiration!
Do you enter the same with forex
Just curious what level and expiration date you are using for entry on these short term plays? 0DTE @ the money?
Why do u mark the wick of the high but mark the body on the low. As your opening range.
So if im trading the 5 min orb do i need to look at higher timeframe?
How much money are you putting on to win so much?
Hey Tony, when you were back testing, how did you specifically figure out "retest" into the ORB High or Low range? Would love to be able to back test myself - great content for newbies like me!
I think you'll find this strategy isn't actually profitable
@@jsh111 ill think youll find it clearly is
@@jsh111nonsense
how do you do it in forex like you use the different session opening range or the day opening range if the sessions opening range then can we take three trades a day with a trade in london, newyork and asia session each?
Do you buy in the money or out of the money options?
Hey Tony - interested in the discord/trading course. is there a difference between all these videos and the paid training course?
Does anyone know how to trade on liquidity? Any tips would be appreciated
I love your content. One question here please. In the ORB back testing example, it seemed like you marked the high of the 5 minute (wick included) but only the body low (excluding wick)… any reason for that?
Does this work for vix
Will this work for both stocks and index
Anyone know the name of the backtesting software he's using in this video?
How far out of the money for your strikes and how many days to exp?
Did you this back test manually, or is it automated? If automated, what were the parameters for stops/targets?
Does this work on forex as well ? for ex Gold ???
Bro amazing content. Thank you for your effort behind it all.
Does your accelerator program cover crypto / can I trade from london but still the Eastern time / and do you cover interest free exchanges like 8 hours no interest for trades etc.
Must the retests come back the previous highs/ lows before continuing the directions ? Or as long as it doesn’t break the lines once it break the 5 MINS ORB ?
How do you get the buy/sell indicator that you have that shows the green for the TP and the red for the SL?
What options do you buy when you use say the 5 minute opening break and retest?
I would most likely trade first OTM weeklies.
@@ScarfaceTrades Thanks for the info
So after the break the back test took a trade as soon as it touched the 5 minute opening range?
@@alhyatt3997 I'm not the one to ask because I'm no expert. I would watch his videos on the 5 minute opening range.
l want to know if members can actually see your screen while you trade live, thank you.
Hi Scarface, I noticed you’re using moving averages on your Tesla chart. which do you prefer using EMA or SMA in your analysis? Also, how many days do you typically set for these moving averages? Thanks!
How would you have marked this up if it didn't create an order block.
Would the summit be on Google Meet, Voov , Zoom?
why dont you trade this using futures?
I LOVE your channel and techniques.
Could you PLEASE make a video for XAUUSD?
Would really appreciate it.
Kay from Singapore ❤
Question: when he said he made $1,500 is that on TOP of the $1,000 he had to put down? Or does he net a $500 increase to his account because he got back his $1,000 but now has $1,500?
As I understand it, you've been working with this strategy since 3:30 PM NY plus 2 hours. Please answer
Which software do you use to carry out your backtesting?
Would it work on futures (NQ, ES, YM)?
There are approximately 250 trading days. Since you traded 165, were the vast majority of days with no trades because there weren't good trades available?
How can i get in to your discord?
The link is in the description!
Thanks. And how you decide which stock to take and how did you predict 214 to get there?❤@ScarfaceTrades
Are you trader or video producer, where is the trap ?
how many contracts did you take at first?
If i have a small account Im trying to grow around $2200 atm, webull doesn't allow me to trade options do you have any suggestions or advice on how to grow this smaller account? Great video I learned so much already!
You could open a futures account. Most brokers let you open an account with $500.
Are you looking at 1 min or 5 min chart…?
Hi, thanks so much for your videos I love them !! Question, is this strategy is viable with small caps positions also ?
Thanks again !!
What about if you got killed and almost whipped out your account and have just under $ 500? Thoughts?
is there any way to take your system /method to MAYBE do options
I primarily trade options.
Futures and stocks sometimes but 90% option trades.
@@ScarfaceTrades great to find ya, just found ya today, yea i say ya or yall, im from the south......lololol,, signed up for your sept 8 teaching. rubbing my hands together already ....lololol