Discover how a day trader made 18 million dollars in profit using the Squeeze momentum indicator, which combines Bollinger Bands and Kiltner Channels. Learn how to apply the indicator to identify potential breakout opportunities in the market and improve your trading decisions. John Carter, the creator of the indicator, is renowned for his trading strategies and has authored several books on the subject. The video includes practical examples of how to use the indicator for short and long trades and provides valuable lessons to help you achieve your financial goals.

How One Trader Made 18 Million Dollars in Profits – The Power of a Solid Trading Plan

Introduction: A Look at a True Trading Success Story

– Introduction to the concept of a trader making 18 million dollars in profits and the video’s purpose to explore the trader’s strategy
– The importance of having a solid trading plan and using the right tools to execute it
– The promise to uncover the secrets behind the trader’s approach and explore how viewers can apply these insights to their own investment decisions

Meet John Carter: Renowned Trader and Author

– Introduction to John Carter, a renowned trader and the founder of Simpler Trading
– The books he has written, including “Mastering the Trade” and “The Squeeze”

The Squeeze Momentum Indicator: An Introduction

– An introduction to the Squeeze Momentum Indicator, a tool John Carter created and uses in his trading strategy
– Explanation of how the indicator helps traders identify potential breakout opportunities in the market
– The technical analysis tool used to combine Bollinger Bands and Keltner Channels

Understanding Bollinger Bands and Keltner Channels

– Explanation of Bollinger Bands and how they are used to measure the volatility of the market
– Details on how Bollinger Bands consist of two lines plotted two standard deviations away from a simple moving average
– Explanation of Keltner Channels and how they are similar to Bollinger Bands but use a different calculation to plot the upper and lower limits of a stock’s volatility
– Details on how they are plotted using a moving average and the average true range of the market

How the Squeeze Momentum Indicator Works

– Explanation of how the Squeeze Momentum Indicator plots both Bollinger Bands and Keltner Channels on the same chart
– Details on how the indicator signals a potential break out when the Bollinger Bands contract and move inside the Keltner Channels
– Explanation of the Histogram that indicates the momentum of the market, with a positive value indicating an uptrend and a negative value indicating a downtrend
– Discussion of how traders can use the Squeeze Momentum Indicator to identify potential trading opportunities

Using the Squeeze Momentum Indicator to Take Trades

– Discussion of different ways to use the Squeeze Momentum Indicator to take trades, including:

– Taking Trades Based on Red and Green Dots
– Taking Trades Based on Throwbacks or Pullbacks
– Using the Indicator for Divergences

– Explanation of how to take long and short trades based on the Squeeze Momentum Indicator and how to set stop losses and take profits

Putting the Strategies Together

– Explanation of how to combine different strategies using the Squeeze Momentum Indicator, including taking short trades and long trades
– Details on how to analyze the market and interpret the indicator to make informed trading decisions

Conclusion: Learning from Trading Success Stories

– The importance of doing research and consulting with a financial advisor before making any investment decisions
– The reminder that trading can be risky, but with the right tools and strategies, traders can achieve their goals
– Thanking viewers and encouraging them to like, subscribe, and stay tuned for more valuable insights and strategies to improve their trading skills.

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