Disliked{quote} You... don't understand... why DS posted a picture... of a position he says he has? I'm sure you don't. Some things in life are just too hard.Ignored
OrderFlowTrading.com - Become a Market Predator
- #363
- Mar 9, 2016 5:25pm Mar 9, 2016 5:25pm
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
http://www.orderflowtrading.com/LearnOrderFlow.aspx 
{quote} It is real.
Red line indicates the volume of Demostars trade volume, light blue line indicates his transaction price.
Can anyone see anything that looks remotely like Demostars transaction? i.e a bar where his transaction price is crossed with the relevant amount of volume.
Does not make sense, unless of course hes using DEMO dollars again.
- #369
- Mar 9, 2016 6:13pm Mar 9, 2016 6:13pm
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
{quote} See the attached chart 1 minute chart of SGDH. NOTE: It is quite illiquid hence why there are lots of time gaps. Red line indicates the volume of Demostars trade volume, light blue line indicates his transaction price. Can anyone see anything that looks remotely like Demostars transaction? i.e a bar where his transaction price is crossed with the relevant amount of volume. Does not make sense, unless of course hes using DEMO dollars again.
- #371
- Mar 9, 2016 6:34pm Mar 9, 2016 6:34pm
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
{quote} Maybe your just completely full of shit and trying to bluff everyone again
The idea that flow on regulated exchanges is accurate is a complete fallacy. The rise of the third market killed order flow trading. The sad part is the Order Flow fad is now being sold to retail traders who don't know any better by flow aggregators like OFA, Jigsaw, and ATAS and "Trading Institutes" peddling their wares. This isn't a personal opinion, all you need to do is look at the SEC Rule 606 Broker filings to see how large the volume is being routed off exchange to internalizers like Citadel or Knight, while Virtu, Timber Hill, ATD, GETCO,...
Some stocks can undergo > 25,000 NBBO changes in 1 second. Demostar mush have good eyes for watching that.
However there is a way of getting access to this data, which is generally out of reach for the retail trader and so I dont feel the need to discuss it here. To add to that MT4 does not have the capability for it.
- #379
- Mar 10, 2016 4:44am Mar 10, 2016 4:44am
{quote} Bro, if you're that upset about it, how about instead of running around complaining about the way the world works, just start delivering a 100% free education. You might not be aware of this, but there is a button at the top of the commercial section that allows you to create a new thread. You can manage it, teach people all your trading knowledge, provide resources and advice when necessary (all out of pocket of course), and change the world with free education. Feel free to post a link in here when you get it setup.
The reason I don't do this is actually very simple mate...I trade!
I have 2 young kids, and I trade full time. Don't get me wrong, I consider myself very fortunate to be in this position, but this is no playboy, girl on each arm jetset lifestyle!
I enjoy the time I get with my family, but I also sacrifice too.
In my timezone, my active trading time is in the evening. So, I miss a good deal of the night routine with my family, as I'm holed up looking for my opportunities.
I'm up late watching. I use my downtime to study new things, talk to smart people and am constantly looking for alternate perspectives in an effort to try to keep up with this ever evolving, infinite world of trading.
Now, I have actually considered doing what you say. I have even begun compiling some subject matter, from the pages upon pages of things I've written over the years in my trading career.
You rightly said, there's nothing new under the sun...but perhaps my perspective, and the way I collate my information could be of some real use to someone. Clearly you thought that was the case for you.
However..with full time trading, and life itself, I don't have the time to set up a website, begin to market myself, and put together all the data I have in order to get this moving.
I am always reading, always monitoring news, always plotting scenarios. This is the time sacrifice I make to keep me in the game.
Also, each dollar i were to spend on domain names, webmaster, etc etc is a dollar less I can use to grow my account.
In terms of ROI, setting up a website and teaching just doesn't make sense to me as a full time trader.
In terms of time allocation, or capital expenditure, it is not a good investment.
So, at this stage I am in no position to be providing any education to people, free or paid.
If I did, I would certainly charge for it! I have never once stated that you or any other commercial here doesn't have the right to charge for services. By all means do.
The difference between you and I would be; I would show my record for any strategy that I would be selling as part of my course. I would show this publicly, pre purchase. Education is useless without a tangible application for it. To show that application, there must be current and verified results.
To do anything less is dishonest in my opinion.
I keep hearing about the benefits of joining with you is the group of "smart" traders there, who's knowledge is available to share.
Once again...that's not mentoring...that's a moderated forum, and there are plenty of those for free! If you are their mentor, teaching them your strategy, then they should all be using it right? Taking pretty much the same trades? Doesn't seem like much room for diversification if they're all using the same system taught by you? Unless all they're doing is posting their own trades, and you take credit for the good ones?!
Who could ever know? There is nothing to verify.
Maybe one day I will set something up...I'll turn to the dark side (just realised the double entendre there!) and become a commercial member myself.
But for now as a full time trader, trading is my priority.
Trading full time, I don't have the time to set up all the things you've set up, the multiple companies, the groups, the "fund."
Either you're just a far more efficient person than I am, or....
Wealth comes from what you keep, not what you earn
- #380
- Mar 10, 2016 5:16am Mar 10, 2016 5:16am
- | Joined Jul 2009 | Status: Trade. Review. Improve | 1,018 Posts
{quote} That's exactly right. Exactly. What are you going to do about it? Oh, that's right. You will continue to cry.You guys are doing a bang-up job of pushing people away from free forums and into the welcoming arms of paid services. You are doing everyone a huge favor by being just like this. I truly don't think you realize that your existence provides value to paid services like DS offers... because while you guys are here, you aren't THERE. Pay-walls are a disincentive to those who can't afford to get out from under peoples boots....