Many years ago there was a book published by Daemon Goldsmith titled “Order Flow Trading for Fun and profit.” In the beginning the reviews were very positive. The content opened many eyes to a style of trading that nobody was discussing at the time.
In summary, the book showed readers how to construct a virtual order book from chart information, and then exploit trader’s need to limit risk with stop loss orders for profit.
Goldsmith was a member here at forexfactory and used his large following built up over many years to promote the book, selling every copy printed within a year. But demand outlasted the supply and those who read the book were clamoring for more content. So he gave it to them.
Unfortunately, Goldsmith put most of what he had into the book and the followup products and services were disappointing to many. Some services had very high price tags and didn’t deliver on their promises. The reviews were bad and the enterprise eventually collapsed. The entire saga ended with Goldsmith’s membership at forexfactory revoked back in 2017.
However, that was not the end of Goldsmith’s method. By the end of his campaign, “Order Flow Trading” had become a common term in trading circles and spawned many derivative strategies. Many of the purveyors of those derivatives would like to rewrite history, but those who were there know it all started with a simple 205 page book that Goldsmith produced for his friends here at the forex factory.
Goldsmith has continued to trade for his own accounts. He made a fortune trading Bitcoin, and in 2018 he started a members only trade blog to detail his analysis of financial market opportunities in stocks, bonds, forex, and cryptocurrencies to share with his many followers. Over the twelve months following the covid pandemic outbreak, the real time trade alerts posted to his blog generated portfolio returns exceeding 1000%, and he still continues to post periodic updates for his followers.
The OrderFlowTrading.com website has seen many changes since it came online in 2011. Some good, some not so good, but the latest revisions for 2024 offer real value for aspiring traders.
For a very reasonable fee you can get an authentic PDF copy of the book that started the order flow trading revolution, along with a full year of access to the complete trade blog archive, updates, and a collection of the reference documents that were helpful when developing the mindset disclosed in Order Flow Trading for Fun and Profit.
In summary, the book showed readers how to construct a virtual order book from chart information, and then exploit trader’s need to limit risk with stop loss orders for profit.
Goldsmith was a member here at forexfactory and used his large following built up over many years to promote the book, selling every copy printed within a year. But demand outlasted the supply and those who read the book were clamoring for more content. So he gave it to them.
Unfortunately, Goldsmith put most of what he had into the book and the followup products and services were disappointing to many. Some services had very high price tags and didn’t deliver on their promises. The reviews were bad and the enterprise eventually collapsed. The entire saga ended with Goldsmith’s membership at forexfactory revoked back in 2017.
However, that was not the end of Goldsmith’s method. By the end of his campaign, “Order Flow Trading” had become a common term in trading circles and spawned many derivative strategies. Many of the purveyors of those derivatives would like to rewrite history, but those who were there know it all started with a simple 205 page book that Goldsmith produced for his friends here at the forex factory.
Goldsmith has continued to trade for his own accounts. He made a fortune trading Bitcoin, and in 2018 he started a members only trade blog to detail his analysis of financial market opportunities in stocks, bonds, forex, and cryptocurrencies to share with his many followers. Over the twelve months following the covid pandemic outbreak, the real time trade alerts posted to his blog generated portfolio returns exceeding 1000%, and he still continues to post periodic updates for his followers.
The OrderFlowTrading.com website has seen many changes since it came online in 2011. Some good, some not so good, but the latest revisions for 2024 offer real value for aspiring traders.
For a very reasonable fee you can get an authentic PDF copy of the book that started the order flow trading revolution, along with a full year of access to the complete trade blog archive, updates, and a collection of the reference documents that were helpful when developing the mindset disclosed in Order Flow Trading for Fun and Profit.
For more information visit:
https://www.orderflowtrading.com