Carmine from Investor Trade says most traders misuse fair value gaps. He made over $300,000 in three months using volume-by-price for entries instead of candlestick patterns, and walks through a 20-minute trade that netted $21,750 at 5.5:1 risk-to-reward.
What I find is BS in this industry is that a lot of traders call this a fair value gap. This is why fair value gaps form. And it's still a little different. The concepts of this is relating to an auction versus the concepts of a fair value gap is just a pattern of a candlestick chart with using volume by price. It enables us to get kind of pinpointed entries more than candlesticks. And again, this is why I'm a big advocate and why in my strategy it's so important to use volume by price is because we have a phenomenal.
Trader with us that have been super.
Excited for this very episode.
I've actually waited years for this. It's the one and only, the founder of investor trade, Carmine.
And this is one strategy to my whole playbook. There's so much more, but this is just the most effective that I've been using. The past three months, I've made over 300,000 just using this strategy right here. Now, this was a long trade that I took $21,750 profit. This was a five and a half to one risk to reward ratio. And this trade was 20 minutes in duration. I think a biggest misconception, and it's so important with the strategy is with this strategy I get risk of rewards. And you're going to see it in my trades, 5 to 1, 6 to 1. I get very high risk to rewards because again, I'm placing myself in the position of large buyers and large sellers trading where there is pain in the market, because where there is pain, there is gain. Out of the traders that I know, the guys on Wall street that are not even on social media, they have maybe five, ten trades out of the year that make up their year. It is so important to have large wins and smaller losses. That's the key of longevity.
We're going to do a masterclass into not just order flow, but specific order flow strategy.
I firmly believe that reading the order flow is the most important concept in the market because.
