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I have tried many indicators and style during the last 3 /4 years.... the biggest mistake for me was falling into the attraction of the ladder / DOM or orderflow. It gave me the illusion I could make a 100% sure operation.
It's easy to be seduced by "icebergs", spoofing, etc... there is always something taking place in the ladder.
After 3 years full time trading, I realize that the best results come from keeping a big perspective.
For me the best tool is MARKET PROFILE.
I use:
1) market profile (TPOs) to understand what is happening
2) sometimes (but does not make much difference) the ladder to optimize the entry point
Sometimes I still make some quick scalp on the ladder, because sometime there is really some "easy money", but I prefer to make 3000 USD with 3 contracts in one trade, than making 5 scalps with 8 contracts to make the same amount.
It took me years, to understand this.
Scalping is very seductive, but if you look at the ladder, you will see how people trade mechanically and with no real understanding. By scalping you will focus on the tree and you will not see the forest.
Whatever approach you can use to generate a large enough consistent profit without excessive stress is optimal for you. What you can't trade isn't.
So, I trade in a way that puts me into trades someone in the 1930s wouldn't have been too surprised by, especially after the fact. But while I'm doing it I often think, an order flow trader might be doing x here or a market profiler y or a stoch rsi fan z. And I am thankful for it because if everyone did the same thing for the same reason there wouldn't be a market worth trading.
