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You're absolutely right about proving the results. You showed us some best trades without showing the bad trades. It doesn't show whether you're successful in trading or not. You don't even show your result in dollars or ticks in any of your vid . You just picked the best deals. Show us your statisctics on a longer period of time. Months or years. Not 1-2 of the best of your trades. Better from your broker account. I have doubts about your successful trading. You still trade 3 contracts on your vid. For a master of futures isn't it enough with such experience for 8-10 years? If you could earn money on futures, why would you trade 3 contracts? It is strange.
How could you prove your success in trading?
I am not defending @bloom but here are certain ground truths about personal journal
1) it is personal, he is journaling his trades for his own benefits. Others may pitch in, offer advice or learn, at ones own risk
2) He is not trying to sell anything, quite a few have been banned from this forum for the very reason.
3) None of us are mindless zombies to believe everything on the internet. If you find anything beneficial , use it otherwise ignore it.
I dont care whether @bloom makes money or SIM trade from his mothers basement, I have found few useful tips on order flow from his journal.
We dont have any right to ask for his financial statements as this is his personal journal, neither this is a requirement for starting a journal here. Apply your commonsense whilst reading these journals, see if there is something useful you can apply in your own trading else ignore it, demanding anything else is not appropriate unless you are paying for his service.
Exactly. This is ALL ABOUT decision making process. If you see it works in REAL TIME and not postfactum, than you get it. Moreover - those who watched my videos with attention SAW ACTUAL LOSSES ))))
In addition to what has been said and shown, i want to say about learining and studying any subject or discipline.
To master any discipline you have 2 ways
1) general common way than you study it in general - slow improvement with a low quality
2) alternative way than you breaking a discipline
to the set of specific skills and obtain skill by skill all you need - this is faster way and also it has more quality
I have braked Order Flow to peaces so you can see where you good and where you need to improve
All the movements of price at microlevel consist of a few patterns
All of the moves consist of those basic elements. Usual than you see a losing trade you will see Wedgie or Pantsing.
Master the skill to observe than you see those ORDER FLOW patterns and you will be able to
cut your losses minimum twice time faster
Exactly....agree...there's nothing to sell here. Either one recognizes the good from the bad or doesn't. Simple but that's the truth.
Questions and these demands normally come from people who are new to this business. If you think there is something valuable here...feel free to use...else why not just pass.
Anyways..... The stuff about financials and stuff at times can also be intimidating if you are really in the company of a serious trader. I know the industry has a bad name mainly from retail who are always onto the next best Indicator. Anyone serious or the bigger firms do not normally need this since they have already developed what they need.
Pls do not take my comments as defending anyone. It's just what i have come to know on this path. The path however can be rewarding and MUST be travelled alone..either with or without a mentor..indicator..etc
Can you explain how to consider when the OF freezes at some point (when the market is slow and there may be no trade for 10-15 seconds).
As I understand it means there are no buyers nor sellers and doesn't necessarily mean the market is weak. Then suddenly it may be a big buy or sell order which can move the market, but again OF freezes.
Do MMs try do something at this points in order to push the market in any direction?
How do you approach such situations?
