2 weeks into Order flow | Traders Hideout

futures.io - futures trading strategies, market news, trading charts and platforms

Traders Hideout

Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons


2 weeks into Order flow

  #17 (permalink)

Vancouver, Canada
Trading Experience: Intermediate
Platform: Ninjatrader, Sierra Chart
Broker/Data: Ninjatrader Continuum
Favorite Futures: ES, ZB
Posts: 175 since Apr 2014
Thanks: 615 given, 129 received

Concur with what was said about being overanxious and jumping at shadows.

I definitely found the benefits of looking at the DOM but the downsides are I became more jumpy from looking at it too much and also at times got out of profitable trades too early, forgetting the big picture. It helped me figure out that I am not a scalper. Scalping is exhausting and at my age (late 40's) I get tired more easily. I am more of a day timeframe trader.

I guess you have to figure out what suits your personality. Can you scalp for a few ticks here and there and not get decision fatigue, make poor decisions and start to give back profits? Only you can figure that out.

Follow me on Twitter Reply With Quote
The following user says Thank You to NGtrader for this post: