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OrderFlowTrading.com - Become a Market Predator

  • #401
  • Mar 11, 2016 8:55am Mar 11, 2016 8:55am
Quoting Darkstar
{quote} As someone pointed out awhile ago, looking at the actual flow is useless. Need to metagame out where they are located. The exact process for locating and exploiting stop levels on ANY asset class are clearly explained in the program.

I guess that point is open to debate, as some don't seem to agree with you there.
By definition the market is mostly a random walk, levy flight beast.
You say you have a strategy that can account for this, more power to you.

Makes it all the more odd why you wouldn't link your results to prove your point.

As was said, this is really going round in circles.
You won't verify...that's up to you.
Life and the markets will go on regardless.
Wealth comes from what you keep, not what you earn
  • #402
  • Mar 11, 2016 9:05am Mar 11, 2016 9:05am
Quoting trader34
{quote} I guess that point is open to debate, as some don't seem to agree with you there. By definition the market is mostly a random walk, levy flight beast. You say you have a strategy that can account for this, more power to you. Makes it all the more odd why you wouldn't link your results to prove your point. As was said, this is really going round in circles. You won't verify...that's up to you. Life and the markets will go on regardless.
​I won't. But I do appreciate the conversation.
  • #403
  • Mar 11, 2016 9:07am Mar 11, 2016 9:07am
Quoting Darkstar
{quote} ​I won't. But I do appreciate the conversation.


Despite how it seems.... I kinda like you! lol!
You're nothing if not resolute!
Wealth comes from what you keep, not what you earn
  • #404
  • Mar 11, 2016 9:09am Mar 11, 2016 9:09am
Quoting trader34
{quote} I guess that point is open to debate, as some don't seem to agree with you there. By definition the market is mostly a random walk, levy flight beast. You say you have a strategy that can account for this, more power to you. Makes it all the more odd why you wouldn't link your results to prove your point. As was said, this is really going round in circles. You won't verify...that's up to you. Life and the markets will go on regardless.
Finding stops was taught, but that is different than trading profitably with said info.
  • #405
  • Mar 11, 2016 9:15am Mar 11, 2016 9:15am
Quoting HipsterPipster
{quote} Finding stops was taught, but that is different than trading profitably with said info.

Yeah, that was actually kind of my point.
All well and good identifying order dense zones. Predicting the outcome when the price hits said zones is a very different matter.
Wealth comes from what you keep, not what you earn
  • #406
  • Mar 11, 2016 9:16am Mar 11, 2016 9:16am
Quoting trader34
{quote} Despite how it seems.... I kinda like you! lol! You're nothing if not resolute!
​I have a habit of growing on people.
  • #407
  • Mar 11, 2016 9:18am Mar 11, 2016 9:18am
Quoting Darkstar
{quote} ​I have a habit of growing on people.

Still not paying you though!
Wealth comes from what you keep, not what you earn
  • #408
  • Mar 11, 2016 9:19am Mar 11, 2016 9:19am
Quoting trader34
{quote} Yeah, that was actually kind of my point. All well and good identifying order dense zones. Predicting the outcome when the price hits said zones is a very different matter.
Right on.
  • #409
  • Mar 11, 2016 9:26am Mar 11, 2016 9:26am
Quoting HipsterPipster
@Red I get being pissed. You, me, Tyler, we all were in the original crew. As experienced traders, no one was pulling the wool over our eyes. You had ample time to know what you were getting into on your second transaction. I've been in this industry too long now, any decisions I make are my responsibility, as in None of us are naive. Some of your angst probably should be aimed at yourself. I've personally met DS, I was one of the guys that went to prop and got hired by a Chicago firm (albeit in a different capacity than I anticipated), I arranged...
Hey Hip,

I completely agree with you and in no way at all am I stating, that I am not responsible for my own actions.

Since waking up and forgetting most of what I had learned from DS, I have pretty much been profitable ever since, which for me was a huge, very important personal goal. A large part of becoming profitable involved me recognizing errors in DS´s logic about the markets. I also confirmed these observations with a couple of reliable industry connections. It was at this point where I concluded that DS has a solid grounding in theory, but not in application. I was then more than willing to leave it at that, lessons learned whats done is done.

What triggered me into posting a response here is the premise, that I am not going to stand back and let people fall into the same trap as I did. When DS starts blagging about how many ticks he made on this or that I just think Bullshit. There is one mechanism that I really do like in the markets and that is how traders with big egos eventually disappear. I am indeed very humble for what I can get out out the market and always thinking about the day when it may disappear.

You have to understand I put a lot of effort into what I do. generally I am working around 14-16 hours per day, at least half of my weekend is spent preparing for the next week. I am not after sympathy and I do it because I want to do it.

But then you have people like DS making it look easy using catch lines such as the following:

  1. Another day, another 44 ticks. Maybe you should join us:
  2. Maybe it's time you learned a valuable new skill:
  3. Check out this monster win:
  4. Where does your edge come from?
  5. Learn Order Flow Trading and become a Master Stop Hunter!
  6. Another day, another 60 ticks called live on the trading floor...
  7. Can you hear it? That's the sound of money flowing out of your 401k into our pockets. Don't worry though, we'll be sure to put it to good use.

Trading just does not happen the way DS portrays it, in fact he could not be further from truth. The reality is that to place a profitable trade takes a huge amount of intellectual effort and anyone who does this for a living understands that. To have someone like DS making posts that portrays trading as being easy really angers me. Its completely misleading and that is not even taking into account that these trades were most probably not even made.

Look I really don´t give a shit about DS anymore as I stated earlier on in my posts, so long as I save someone 100$ then I am happy. After reading through all the posts here at least someone now has unbiased information, necessary to come up with a decision as to if to pay DS or not.

@DS instead of posting doctored pictures of hindsight trades how about posting them as they occur, ahead of time. If you are as profitable as you say, then get your trading accounts audited by an approved accountant and have them available for new customers to view. Its really simple and you have to do it for tax declarations anyhow. If you did all of the latter you would most certainly boost your sales.

Think about it by not doing what I suggested above and instead giving numerous reasons, why you shouldn't do it, you just make yourself look more of a scam. If I was in your shoes and had people accusing me of being a demo trader I would do everything I could to prove others wrong, indeed getting more clients on board would only be a by product of this. If you continue in the way your doing you are doing little for yourself besides showing everyone that you are like the 99% of the others on FF.

  • #410
  • Mar 11, 2016 9:51am Mar 11, 2016 9:51am
Quoting trader34
{quote} Predicting the outcome when the price hits said zones is a very different matter.
so why not be in a position towards the zone and liquidate your position when you hit the zone? Then wait some time to figure out another zone to aim for
  • #411
  • Mar 11, 2016 11:10am Mar 11, 2016 11:10am
Quoting redbaron1981
{quote} @DS instead of posting doctored pictures of hindsight trades how about posting them as they occur, ahead of time.
I'm not sure how many time I can say the same thing:

ALL TRADES ARE CALLED LIVE ON THE TRADING FLOOR!!!!!!!!!

Every day.

Have been for years.
  • #412
  • Mar 11, 2016 11:13am Mar 11, 2016 11:13am
Quoting Darkstar
{quote} I'm not sure how many time I can say the same thing: ALL TRADES ARE CALLED LIVE ON THE TRADING FLOOR!!!!!!!!! Every day. Have been for years.
You forgot something:

"If you want to learn how to call live trades successfully":
http://www.orderflowtrading.com/LearnOrderFlow.aspx

It's all psychology...
  • #413
  • Mar 11, 2016 11:17am Mar 11, 2016 11:17am
Well played
  • #414
  • Mar 11, 2016 1:01pm Mar 11, 2016 1:01pm
Quoting Darkstar
{quote} I'm not sure how many time I can say the same thing: ALL TRADES ARE CALLED LIVE ON THE TRADING FLOOR!!!!!!!!! Every day. Have been for years.
Trading floor or chat floor?
There is no spoon.
  • #415
  • Mar 11, 2016 2:06pm Mar 11, 2016 2:06pm
Quoting Darkstar
Yeah, I find it kind of silly that this is the only discussion topic you guys have. Why not tell us how YOU trade and why its superior to OFT?
I never claimed that my method is superior.
OFT is just another stupid name for simply trying to catch price movement with no real OF data.
And all this stop hunting BS is also funny as hell.

I don't have to sell trading courses & books. And i never will!
From experience and going through all shit i can say it's wasted time to put effort into people because 99.99% don't have what it takes to make it.

But if you can't trade, the only way to make some money in this industry is with: analyzing, writing books and teaching.
  • #416
  • Mar 11, 2016 4:39pm Mar 11, 2016 4:39pm
Quoting The-Flipper
{quote} From experience and going through all shit i can say it's wasted time to put effort into people because 99.99% don't have what it takes to make it.
That IS the problem in a nutshell. Trading consistently for a profit is not something humans are wired to do. It takes time and effort to change yourself to the point where the risk doesn't influence your decisions. Very few people are willing to put in that work, and thus most fail.

As has been stated before, the role of a mentor is allow someone to trade some of the money they would lose anyway, for an education. That education will (hopefully) prepare the student with the skills to succeed, but at the end of the day it still comes down to the individual trader to take responsibility for his/her own actions.

How many people do you know that spent a solid 5 or 6 figures on a university degree and never worked in their field of study? There are jobs available for them, but for whatever reason they can't, won't, or don't know how to land one.

Whos fault is that?

Granted it's a hypothetical, but it still makes the point that most people fail at life. Should it be any surprise that most fail at this as well?
  • #417
  • Mar 13, 2016 3:29am Mar 13, 2016 3:29am
Macro Lesson 3: Yield Curves (http://www.orderflowtrading.com/Articles/tabid/392/entryid/23445/macro-lesson-3-yield-curves.aspx)
Thus far we've talked about inflation and central banking. Both subjects we're pretty broad and you hopefully learned a thing or two that will be helpful to you in your sentiment analysis process going forward. Today we're going to shift gears a bit though and talk about a tool that you've probably never thought to use in your trading, the granddaddy of all economic indicators: the yield curve...

Read the rest of entry » (http://www.orderflowtrading.com/Articles/tabid/392/entryid/23445/macro-lesson-3-yield-curves.aspx)
  • #418
  • Mar 13, 2016 10:29pm Mar 13, 2016 10:29pm
Quoting The-Flipper
{quote} I never claimed that my method is superior. OFT is just another stupid name for simply trying to catch price movement with no real OF data. And all this stop hunting BS is also funny as hell. I don't have to sell trading courses & books. And i never will! From experience and going through all shit i can say it's wasted time to put effort into people because 99.99% don't have what it takes to make it. But if you can't trade, the only way to make some money in this industry is with: analyzing, writing books and teaching.
Hahahaha. Well called.
The road to pipland is arduous and fraught with challenge.
  • #419
  • Mar 14, 2016 7:41pm Mar 14, 2016 7:41pm
​Just out of curiosity, what is this "real" order flow data you speak of?

Cuz I really don't understand. If I can predict when orders will enter and leave the market, what difference does it make how I get there?
  • #420
  • Mar 15, 2016 12:42pm Mar 15, 2016 12:42pm
Read #381 again.

When you can predict everything why is it that you can't make money?
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