OViCoPilot Review | How to Use Options Data to Identify AND Trade the BEST STOCKS

The OViCoPilot is the new automated module of Guy Cohen’s unique OVI-Flag trading method. With no human interference, no compounding and no leverage, this system achieved net profits of over 208% (that’s triple the account), and these results include the time of the 2008-2009 crash (the biggest since 1929).

The new automated OViCoPilot which has been tested to tough institutional standards, making trading even easier and more efficient, while also reducing risk. Guy’s unique technique combines price action together with hidden transaction activity to form a brilliant “forensic” method of trading.

He’s now taken this to a new level with the OViCoPilot.

The OViCoPilot stays true to Guy’s classic method, finding the best OVI-Flag combinations, and capitalizing on big moves BEFORE THEY HAPPEN!

Watch this video to learn more:

==> How to Use Options Data to Identify AND Trade the BEST STOCKS in 10 Minutes per day

This is a must watch video! Here’s what you’ll get:

  • Why Wall Street wanted to keep my stunning discovery about options a secret
  • The trading system that is approved by hedge fund managers
  • How to capitalize from options data WITHOUT knowing how to trade options
  • How to SPY on the insiders in the market
  • How to identify high-probability and low-risk trades
  • How do all this in just 10 minutes per day

OViCoPilot Frequently Asked Questions
Why is the OViCoPilot not producing any trades?

As Guy has stated from the outset, there will be times where the OViCoPilot finds no situations that fit its algorithms. Ultimately this is to protect you. The OViCoPilot only produces trades that fit its optimized settings. Even if a stock looks great and could even be a great trade, if it misses the algorithm by a penny it won’t be included.

Remember the equity curve of the OViCoPilot from 2008 to early 2013 (see below). It does have periods where it is very quiet. This can last for weeks at a time. But then all of a sudden it can make a big burst. This is absolutely by design. We want to be active when the market is in our favor, and quiet when it’s not. Breakout trading systems do tend to work in this way.

When the OViCoPilot is inactive, can I find trades myself with FlagTrader (or the OVI Traders Club site) instead?

Yes, absolutely. This is why the OViCoPilot is not available on its own and is only available together with FlagTrader. The latest version of FlagTrader is significantly improved and more precise, meaning significantly less time required to find great setups.

I noticed the OViCoPilot occasionally highlights a stock that has already broken out? Is this still tradeable?

Yes, it’s still tradeable within the OViCoPilot world. Remember the OViCoPilot is automated and is not intended as a discretionary system. The parameters have been optimized and occasionally bring up a stock that has just broken out and is still tradeable. By contrast, FlagTrader and the OVI Traders Club are intended as a “guided discretionary” method. For that we only trade the breakout itself. Ultimately there are subtle differences between trading an automated system where the parameters are absolute, and a guided discretionary system where you can use your eyes.

Watch this video to learn more:

==> How to Use Options Data to Identify AND Trade the BEST STOCKS in 10 Minutes per day

There are trades in FlagTrader that look great but aren’t in the OViCoPilot. Why not?

The OViCoPilot adheres to very specific and precise formulas that have been back-tested and optimized over several years, and then run forwards. As such there will always be seemingly great opportunities that are not picked up. This is why we want you to be able to find your own as well – either via FlagTrader or the OVI Traders Club as well if you have it.

Over what time frame should I evaluate the OViCoPilot’s effectiveness?

The OViCoPilot was originally tested over a period of five years from 2008 to 2013. This period included the stock market’s biggest crash since 1929 and its subsequent recovery. The OViCoPilot outperformed the S&P each year. In terms of evaluating the system it’s something you should monitor over a couple of years at least. It’s not something to judge just after a few weeks or even months, because the market could be going through one of its prolonged sideways moves. During these times the OViCoPilot will be subdued.

In the ‘New Orders’ page it says the trade should be opened as a ‘buy stop’ for long trades. What if the stock gaps up at the open?

The OViCoPilot has been tested to include gaps. This is different to the ‘guided discretionary’ method that Guy teaches in FlagTrader where you would use a buy-stop-limit order where possible. For OViCoPilot trades the entry is intended as a ‘buy stop’ order. This means you may indeed be gapped at the open.

Which markets does the OViCoPilot cover?

S&P 500 Only

How far back has the OViCoPilot been tested?

The OViCoPilot was extensively back-tested from the beginning of 2008 to the end of 2012, and then forward from the beginning of 2013.

What happens if I missed the trade and it’s already been triggered?

If following the system strictly then you’ve missed that trade and it will now be in the ‘Working Trades’ area. If you’re applying your own discretion to the OViCoPilot, then you may take a view.

How should I size my trades?

Our excellent results are based on trading with the same dollar size of trade, regardless of the share price. This means that all individual trades carry virtually the same amount of risk as each other. You are free to position-size as you wish, but be careful to not be over-exposed on any single position.

Watch this video to learn more:

==> How to Use Options Data to Identify AND Trade the BEST STOCKS in 10 Minutes per day

What is ATR and why do you use it for the OViCoPilot but not FlagTrader?

Average True Range (ATR) is a measure of volatility which our CoPilots use in order to determine optimum profit targets, initial stop loss and trailing stops.

The reason for using ATR for the CoPilots is that the system is entirely objective and automated, so the figures we use are based solely on results from extensive back-testing. You’ll notice that within FlagTrader we teach a more discretionary way of managing our trades. This ‘Guided Discretionary’ method is not possible with an automated system.

The ‘True Range’ indicator is defined by the greatest of the following:

  • current high less the current low.
  • the absolute value of the current high less the previous close.
  • the absolute value of the current low less the previous close.

The average true range is a moving average (generally 14-days) of the true ranges. For our CoPilots we use different multiples for ATR for profit targets, initial stop loss and trailing stops.

When a stock opens with a gap beyond the entry price, how is this being recorded in the CoPilots section?

In our back-testing, if the stock gapped up past the entry price, we assumed a fill at the open. We found that this is quite conservative, especially because many times the gap is filled very soon after the open and better fills are to be had. However, we also felt that the open is the fairest way to record new gapped-up trades moving forward, even if it may be harmful to our stats.

How do I calculate the spreadbet price for the Buy Entry and Sell Stop?

You can use the Spreadbet Pricer calculator for this.

Use the Buy mode with the Buy Entry Price to calculate the spreadbet entry price then use the Sell mode with the Initial Stop price to get the spreadbet sell stop price

Results are indicative as to IG Index’s stated pricing algorithms.

Setting orders for P1 with IG Index

When taking P1 with IG Index you’ll have to actually place two orders.

Watch this video to learn more:

==> How to Use Options Data to Identify AND Trade the BEST STOCKS in 10 Minutes per day

Who Is Guy Cohen?

A trading innovator, Guy Cohen is the creator of the OVI, FlagTrader and OptionEasy, as well as being the author of several best selling books.

  • The Insider Edge
  • Options Made Easy
  • The Bible of Options Strategies
  • Volatile Markets Made Easy

With blue chip clients who have included NYSE Euronext and the ISE, Guy has introduced his user-friendly brand of trading to over 100,000 traders throughout the world.

Specializing in stock and options trading applications Guy is acknowledged as a trusted pioneer of trading education.

An established and entertaining speaker, Guy’s applications serve as a virtual trading mentor, dedicated to your success.

Guy has an MBA (Finance) from Cass Business School, London.

Guy’s books are bestsellers in the field of trading, and are translated into multiple languages including Mandarin Chinese and Indonesian.

Watch this video to learn more:

==> How to Use Options Data to Identify AND Trade the BEST STOCKS in 10 Minutes per day

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This Undervalued Energy Stock is Set to Soar!

The fact is, you don’t have to search very far to figure out what the stock market has been up to lately. The energy sector is heating up and one stock in particular is looking like a technical and fundamental undervalued powerhouse.

This INO.com exclusive report analyzes the energy sector, all the way from a macro perspective down to this one specific stock and explains why it may outperform the sector in 2014.

This free report will tell you the exact stock to keep an eye on plus:

  • Why this stock is significantly undervalued compared to its peers.
  • Why I think this stock will outperform the energy sector.
  • Why this stock is set up to soar in 2014.

View this report – This Undervalued Energy Stock is Set to Soar!

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Keys to Investor Success – Elliott Wave Theory

Elliott Wave Theory – Plenty of people will freely offer you advice on how to spend or invest your money. “Buy low and sell high,” they’ll tell you, “that’s really all there is to it!” And while there is a core truth to the statement, the real secret is in knowing how to spot the highs and lows, and thus, when to do your buying and selling. Sadly, that’s the part of the equation that most of the advice givers you’ll run across are content to leave you in the dark about.

The reality is that no matter how many times you are told differently, there is no ‘magic bullet.’ There is no plan, no series of steps you can follow that will, with absolute certainty, bring you wealth. If you happen across anyone who says otherwise, you can rely on the fact that he or she has an agenda, and that at least part of that agenda involves convincing you to open your wallet.

In the place of a surefire way to make profits, what is there? Where can you turn, and what kinds of things should you be looking for?

The answers to those questions aren’t as glamorous sounding as the promises made by those who just want to take your money, but they are much more effective. Things like careful, meticulous research. Market trend analysis. Paying close attention to extrinsic factors that could impact whatever industry you’re planning to invest in, and of course, Elliott wave theory. If you’ve never heard of the Elliott wave, you owe it to yourself to learn more about it.

Postulated by Ralph Nelson Elliott in the late 1930’s, it is essentially a psychological approach to investing that identifies specific stimuli that large groups tend to respond to in the same way. By identifying these stimuli, it then becomes possible to predict which direction the market will likely move, and as he outlined in his book “The Wave Principle,” market prices tend to unfold in specific patterns or ‘waves.’

The fact that many of the most successful Wall Street investors and portfolio managers use this type of trend analysis in their own decision making process should be compelling evidence that you should consider doing the same. No, it’s not perfect, and it is certainly not a guarantee, but it provides a strong framework of probability that, when combined with other research and analysis, can lead to consistently good decisions, and at the end of the day, that’s what investing is all about. Consistently good decision making.

We use Elliott Wave Theory in real time by looking at the larger patterns of the SP 500 index for example. We deploy Fibonacci math analysis to prior up and down legs in the markets to determine where we are in an Elliott Wave pattern.  This helps us decide if to be aggressive when the markets correct, go short the market, or to do nothing for example.  It also prevents us from making panic type decisions, whether that be in chasing a hot stock too higher or selling something too low before a reversal.  We also can use Elliott Wave Theory to help us determine when to be aggressive in selling or buying, on either side of a trade.

For many, its not practical to employ Elliott Wave analysis with individual stocks and trading, but it can be done with experience.  We instead use a combination of big picture views like weekly charts, Wave patterns within those weekly views, and then zoom in to shorter term technical to determine ultimate timing for entry and exit.  This type of big picture view coupled with micro analysis of the charts gives us more clarity and better results.

One of our favorite patterns for example is the “ABC” pattern.  Partially taken from Elliott Wave Theory, we mix in a few of our own ingredients to help with timing entries and exits.  This is where you have an initial massive rally or the “A” wave pattern. Say a stock like TSLA goes from $30 to $180 per share, which it did.  The B wave is what you wait for and using Fibonacci analysis and Elliott Wave Theory we can calculate a good entry point on the B wave correction.  TSLA dropped from $180 to about $ 120, retracing roughly 38% (Fibonacci retracement) of the rally $30 to $180.  The B wave bottomed out as everyone was negative on the stock and sentiment was bearish. That is when you get long for the “C” wave.  The C wave is when the stock regains momentum, good news starts to unfold, and sentiment turns bullish.  We can often calculate the B wave as it relates often to the A wave amplitude.  Example is the TSLA “A” wave was 150 points, so the C wave will be about the same or more.

When TSLA recently ran up to about $270 per share, we were in uber bullish “C” wave mode, and we had run up $150 (Same as the A wave) from $120 to $270.  That is when you know it’s a good time to start peeling off shares. Often though, the C wave will be 150-161% of the  A wave, so TSLA may not have completed it’s run just yet.

Elliott Wave Theory

Knowing when to enter and exit a position whether your time frame is short, intermediate, or longer… can often be identified with good Elliott Wave Theory practices.  Your results and your portfolio will appreciate it, just look at our ATP track record from April 1 2013 to March 3rd 2014 inclusive of all closed out swing positions.  We incorporated Elliott Wave Theory into our stock picking starting last April and you can see the results:

ATP Elliott Wave Trading

Join Us Today And Start Making Real Money Trading – Click Here

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ETF Income Engine | ProfitBlazer Method Free Download

One of the financial education industry’s top traders has been recently spending a lot more time at his new home in Florida to escape the brutal Michigan winters…

(His wife teasingly has started calling him a ‘beach bum’.)

And that’s where he discovered a brand new 4-step ‘blueprint’ that has the potential to earn up to 23.2% per year in a kind of ‘under the radar’ market.

No, it’s not stocks, it’s not forex, and it’s not even options.

He designed this to work even when the general markets are way down and everybody else’s portfolios are getting pummeled.

And the best part? You only need to manage your trades on the weekend. It takes about 20 minutes, and over a recent 4 year period it won 80.7% of the time.

Now, I don’t know how well you’ll do with it – you could do worse & you could better – but I’d like to invite you to test it out & let me know what your results are.

I think you’ll be surprised.

All the steps are documented on an easy-to-read ‘blueprint’ that you can download immediately right here.

March 2014 Profits Run will be releasing their new product ETF Income Engine.

ProfitsRun have been in business for the last 13 years and they are behind some of the winning trading products like Forex Profit Multiplier, Forex Profit Accelerator and Market Mastery among others.

Stay tuned for more information on this ETF Income Engine product.

Introducing, the ETF Income Engine (EIE). This is all about trading once/week on weekly ETF charts for US, London, Canadian, and Australian markets. They have 4 brand new trading methods behind it.

==> Visit ETF Income Engine Official Website

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ETF Income Engine | Trade Alert Software

March 2014 Profits Run will be releasing their new product ETF Income Engine and I’ve set this post for the review of ETF Income Engine.

ProfitsRun have been in business for the last 13 years and they are behind some of the winning trading products like Forex Profit Multiplier, Forex Profit Accelerator and Market Mastery among others.

Stay tuned for more information on this ETF Income Engine product. 

Introducing, the ETF Income Engine (EIE). This is all about trading once/week on weekly ETF charts for US, London, Canadian, and Australian markets. They have 4 brand new trading methods behind it.

First pre-launch video will begin March 10th. Bookmark this site or opt-in to a waiting list on the right.

As soon as I get any new information on ETF Income Engine I’ll post here.

==> Visit ETF Income Engine Official Website

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This Undervalued Energy Stock is Set to Soar!

The fact is, you don’t have to search very far to figure out what the stock market has been up to lately. The energy sector is heating up and one stock in particular is looking like a technical and fundamental undervalued powerhouse.

This INO.com exclusive report analyzes the energy sector, all the way from a macro perspective down to this one specific stock and explains why it may outperform the sector in 2014.

This free report will tell you the exact stock to keep an eye on plus:

  • Why this stock is significantly undervalued compared to its peers.
  • Why I think this stock will outperform the energy sector.
  • Why this stock is set up to soar in 2014.

View this report – This Undervalued Energy Stock is Set to Soar!

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My #1 Money Making Chart Pattern

Over the years Chris Vermeulen has identified a price pattern that consistently makes me money time and time again. This pattern is not found in books, nor is it talked about in any trading course or by any elite traders.

What Is It And Why Doesn’t Anyone Talk About It?

Well that is a good question and he thinks the main reason is because no one knows about it. He has mentioned it to a lot of traders and many of them are professional traders yet it completely goes over their head or they are dismissing it because they don’t want others to find out about it.

The other reason could be because traders don’t know what to call it. He gave it a simple name as he just named it what it is, so it is self-explanatory.

While he sees and trade this secret price pattern on all time frames (it does not work on tick charts), the longer the time frame in which it forms the better. If the pattern forms a weekly chart then you are looking at a major investing opportunity that has an average return of 57% return within a few weeks. The daily chart pattern tends to provide 10- 20% return within a few days of this pattern forming.

Subscribers of his ETF Portfolio Newsletter profited twice in February from it locking in 10% and 21.9% trading simple ETFs.

He also mentioned this pattern does not form on baskets of investments like a sector or index. It only takes please on individual investments like stocks and commodities.

Here is what a fellow subscriber said:

Chris, Over the years, I’ve learned so much from your videos.  One of the set ups I love most, because it has been very profitable is the must be a paid subscriber pattern.  I believe subscribe  is now forming the last part of this pattern.

So if you want to be making these trades with Chris join his ETF Trading Newsletter today ETF Newsletter

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The 3 Strategies used to beat 2013 profits in ONE MONTH (video) | John Carter Simpler Options

In 2013 John Carter made 1 million in trading profits…and in 2014 he’s already beat that using THREE simple strategies!

==> Get those strategies HERE

John focused his 2014 trading (yes one month) on just those three strategies and it netted him huge returns in January! This is a great video and I really want you to watch it!

==> Watch John’s Free Video HERE

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MERIT Paycheck Review | Detailed View Inside

Wendy Kirkland reached out to us a few weeks ago and shared her video series with us for review… She has produced a must-see video using a PowerShares ETF strategy that has been proven to provide $66,263 (after commissions) in net profits on only a $600 per trade investment.

You will learn how this strategy can be easily and immediately copied without buying a single thing. Watch this exciting new video here to see for yourself how $600 per trade turned into over $66k in profits.

==> Review is in…WATCH IT!

She’s a very smart lady with some tips for those looking at retirement and she has bonus downloads and reports once you start watching to make sure you get the most out of it.

Wendy Kirkland’s MERIT PAYCHECK is an exclusive advisory service which delivers specific trade alerts via email. In the first year of live trading, these alerts produced 92.25% winning trades and after-commission profits totaling $66,263 on a $5,000 account. Every subscriber will also receive Option Trading the Quintessential QQQs course (manual and DVDs) so they can learn the strategies on which MERIT PAYCHECK recommendations are based. Offered at two price points, (6 month subscription & 18 Month subscription) this course/system includes actual trades, has a full performance guarantee and very recently closed 19 out of 20 wins for almost $6,000 profit.

Offered at two price points, (6 month subscription for $997 & 18 Month subscription for $1,997), this course includes actual trades and has a full performance guarantee.

==> Hear from Wendy & Get Videos HERE

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Nigel Hawkes Hawkeye Premiere Trading | How to Trade the Forex using VOLUME

Have you heard the buzz about the new training site from Nigel Hawkes, the world’s foremost authority on Volume-Based trading? He is revealing the details about the trading strategies he’s used to make a GREAT income for himself and his clients.

And the GOOD NEWS, is that I’ve reserved a FREE membership for you.

Click Here To Learn These Volume-Based Strategies

These strategies of his are now used by many of the world’s top traders, and have been adopted by several hedge funds as the basis of their own trading. And you get them for FREE, because of a special deal I made with Nigel.

This is a limited-time offer, so you need to TAKE ACTION RIGHT NOW!

Click Here To Discover the Secret of Volume Trading

Want to Learn More?

Please read this Hawkeye Premiere Trading Software Review for more information.

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