Moderator Notice OK that's enough of that. I have received a lot of complaints about 'DAYTRADERPROFESIONAL' in the past from multiple members, and this new account seems to be a duplicate aka multi-nic which we don't allow. So now that those accounts have been banned, we can move on to other topics.

Mike

Thanks Mike. That sniping back and forth made all parties looks bad IMO.

BeachTrader 

Thanks Mike. That sniping back and forth made all parties looks bad IMO.

Agree. Let's hope future AMA participants don't use this great forum for dispute resolution. Not that it matters at all, but I was pretty much on DB's side until his last sentence: offering to give back the license if the banned guy came here to apologize or admit wrong-doing, or whatever. If he bought the license, and apparently he did, then activate it. If he is violating copyright law and refuses to comply with your request to remove a logo, let your lawyers get it handled. I didn't see your logo on the site that was posted in this thread.

It all boils down to ethics and morals. Being that these values have taken a back seat to the "ME ME ME" value it is no wounder that this type of behavior is taking place. Just look at our political system, enough said there. An agreement that is entered by two ethical and moral individuals will stand and be lived up to, but if one of those individuals lack those values they will do what ever they want, and thus the reason for laws, to protect the moral and ethical person from being screwed by scum bags.

Sorry to all. You are right. That should not have happened here. It was unprofessional and there is no excuse.

DB

in my opinion based upon my experience, all net bid or ask volume indicators do not have any predictive value, I learned this lesson trying to trade with the GOM volume ladder and then later the commercial market delta, all numbers are after the fact, in daytrading one requires a edge and delta is certainly not the edge, if one position trades over a few days all one needs is a price chart, MA, MACD and support and

euroventure 

in my opinion based upon my experience, all net bid or ask volume indicators do not have any predictive value, I learned this lesson trying to trade with the GOM volume ladder and then later the commercial market delta, all numbers are after the fact, in daytrading one requires a edge and delta is certainly not the edge, if one position trades over a few days all one needs is a price chart, MA, MACD and support and

Exactly.

DB

euroventure you make a good point but in your point also state the obvious. I think what DB has to teach is worth more than the software he sells( or Georege does ). The knowledge is the key then what you us to read the market is just what takes your fancy if you get my drift. What DB has to offer in my humble opion is in his teaching. If you focus on the software then I am afraid the expectation will be too great for you to see the jewels in the crown.

Schooling beginning traders is a legitimate and serious business. The complexity of the day to day work, to be profitable, is far higher than the expectations of all newcomers are. Just buy/sell without any more expertise than a computerized tool is not sufficient, even for pro quant traders.

I understand, that OFA can not let others do schooling with their tools without knowing what is being delivered. So there should have been some contact prior to offering education in another native language and using the logo.

On the other hand, contract law and the very widespread business practice to react quickly within the contract, in this case disenabling the license, could be felt shurely very negative as it was paid for (but not in the way offering education on it without asking).

As i feel the issue is resolved anyways, there could be one idealistic lesson (although i know in most businesses there is simply no time for it). Ask if you want to use a trademark for your business (even though maybe doing advertising) and for the other part maybe negotiate a separate deal after asking about the kind of education offered from someone working with it.

I think there is value in that kind of orderflow analysis.

I just wanted to take the time to give a little review as I have been using OFA for one month and a few days.

To give a complete picture, I need to explain that I have spent quite some time understanding order flow concepts before buying the software, and I have been using other tools to help me see the order flow so I am not new to it, and I have been trading for a couple of years, and I was not doing badly, in the sense that I managed to have good and bad days, and break even or positive overall. Close but no cigar in short.

Since I have used OFA, and again I need to add that I have the whole package so I don't know how well I would be doing with just parts of it, I have had a single losing days. Period. As it stands, I wouldn't do without it. It only has been one month, and admiteldy it woud be interesting to see how things evolve with time, but so far, if anything, it has given me a real sense of clarity, understanding, and very importantly confidence when I trade, with zero stress.

I obviously still get loosing trades as I otherwise wouldn't be here disserting on the subject, but every day has been a clear gain.

I have no link whatsoever with OFA, and I like to do things on my own and understand how it works, so not part of any forum, room or whatever OFA might offer. I just wanted to share my thoughts, as I have tried, a lot of tools, read a lot of books, watched many videos, training courses, and this is the 1st time something really does what is written on the box (Jigsaw aside, which I also use every day and couldn't trade without either, altough different).