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Orderflow ES chat rooms

  #61 (permalink)
 
Rrrracer's Avatar
 Rrrracer 
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Sorry, you can't just pay someone money and have them teach you how to trade successfully. It's not possible for a variety of reasons. Yes, there are people who can help you along the way, but ultimately ya gotta put in the work and figure it out for yourself.

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  #62 (permalink)
SunTrader
Boca Raton, FL
 
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phantomtrader View Post
They are simply filled at separate times. That's the way their accounting and reporting works. Not up to me.

Ok fine but your pic shows same not separate times, therefore my question. No matter.

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  #63 (permalink)
 
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 phantomtrader 
Reno, Nevada
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SunTrader View Post
Ok fine but your pic shows same not separate times, therefore my question. No matter.

That's how they fill on the Tradovate platform. I just took a screenshot of today's trades, deleting the ID numbers, etc.
Why they do it that way -well you have to ask them. It goes to the ID number of the trade I think. They don't all fill at once even though they are executed at the same time.

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  #64 (permalink)
Trader825
Denver, CO
 
Posts: 16 since May 2017
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Hi,
Jigsaw user here. Hail to Peter Davies. As what he's done has helped revolutionize the way average retail traders make a living. I know that's exactly what it's done for me.

I truly believe anyone who DOESN'T trade via Order Flow should first read Technical Analysis and The Active Trader. Why? It will add excellent context as to why any real trader will at the very least ditch their indicators (save for Cumulative Delta) and consider adding Order Flow to their existing strategy as it's truly the only way to see what's really going on between buyers and sellers.

Now let's talk about that for a second.

So many traders believe that price moves up or down because there's MORE buyers or MORE sellers. This is a physical impossibility. For every ONE buyer, you must have ONE seller. Price moves via whoever is Buying or Selling more aggressively.
So, with Order Flow, I'm able to see things that help me better understand what big money (aka the Volume Movers) are up to. If I'm able to see that I'm able to better position myself to catch a ride on one or more of their moves.

Now I'm going to go out on a limb here, and post up my trade stats for you all to see. It will simply be for the months of January and February (so far). And I'll be honest, too....it ain't the best, but it's also not the worst. But EVERY trade placed was done so and managed via Order Flow with VOLUME charts and a few market internals as an additional reference. Also keep in mind I'm only trading part-time as I also work a full-time day job. Yep, busy life. So the profit shown will only be for anywhere between 5 to 10 days per month.

Another thing to keep in mind pertaining to my Trade Stats.

As a Jigsaw user I have access to Journalytix, an auto-trade journaling site. Look up it's own thread to learn more. The reason I'm bringing this up is because the trades you'll see are all from my LIVE account. Once uploaded to Journalytix it's there permanently. And that's the point, to hold the trader accountable to their own performance.

So rest assured, these are indeed REAL trades





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  #65 (permalink)
 johnvn 
Cape Town, South Africa
 
Experience: Beginner
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I have been in a number of trade rooms down the years and I must say that I have NEVER really got my moneys worth. For the last few months I have been in the "Trading Research Group" run by Jeff Mayem (AKA Doc) and Lee Harris from Emoji fame.

This has really been a breath of fresh air. Don't join if you are wanting to have someone call out trades but if you want education I can't recommend a better place to learn. Jeff does sessions where he trades live with a real account and both him and Lee do weekly training sessions.

Personally I have learnt more in the last 6 or so months than I have learnt in the past 15 years of trading. These are two non-nonsense guys with a combined 70+ years of trading experience who will not hesitate to call you out when you talk nonsense and in my opinion will change your trading career. (If you let them )

https://www.tradingresearchgroup.com/

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  #66 (permalink)
 
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 matthew28 
United Kingdom
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chancee View Post
Easy, you just have to keep trying for like 5 to 10 years and you’ll become advanced too. Won’t make any money but you’ll be advanced.

Post #39

LOL.
Spending 5 to 10 years trying to learn to drive but not being able to pass the driving test doesn't make somebody an advanced driver.
But for some reason with trading lots of people who say they have advanced trading experience aren't actually consistently profitable.
Spending years trying lots of different things but ultimately failing to succeed doesn't mean you "become advanced", yet they still insist on choosing "advanced" from the drop down menu. Delusional at best.

You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
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  #67 (permalink)
 
matthew28's Avatar
 matthew28 
United Kingdom
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Oriole View Post
Bookmap only does stocks and no futures, correct?

It works with both futures and stocks.
There was a good webinar about it on this forum at the end of last year by a Bookmap client using it for both.

You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
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  #68 (permalink)
 
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 phantomtrader 
Reno, Nevada
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SunTrader View Post
Ok fine but your pic shows same not separate times, therefore my question. No matter.


I forgot to mention that the screenshot is of a REPORT, not the brokerage statement. The report is something you can download from the Tradovate platform at any time to get your up to date trade information. It downloads as a CSV.

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  #69 (permalink)
Artfldgr
New York + New York / USA
 
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Rrrracer View Post
Sorry, you can't just pay someone money and have them teach you how to trade successfully. It's not possible for a variety of reasons. Yes, there are people who can help you along the way, but ultimately ya gotta put in the work and figure it out for yourself.

Technically Karen Bruton did...
however, after she did earn, she played a bit loose with the bookeeping..
so after earning over 50,000,000 they sec went after her.


Quoting 
Karen the Supertrader has tried to keep a low profile over the last several years. Hope Advisors settled with the SEC for $1.5 million to avoid the fraud charges. Regulators also blocked Bruton and her colleague Dawn Roberts from accessing $7 million in Hope Advisors’ account.

As part of the judgment, Bruton is temporarily forbidden from working as an accountant or giving advice to investors.

Bruton turned 70 in 2019, so she may not mind the forced retirement. She had to pay a considerable amount of money to the SEC, but she may well have plenty of cash to enjoy the next couple of decades.

Technically she DID pay 20k to learn to trade
she DID earn the money trading and building up a group
etc..

she DID get in some trouble.. but details do not reveal a total scam
what they reveal is a person who got more greedy after winning..

the larger point though is that she learned to trade by paying money
and your point was one cant do that

however... in truth... the paying doesnt really teach you to trade, it gives you all the information you lack to ramp you up... its what you do with that information that counts... and even she admits that she took several years of putzing around with her own account before she hit on the thing she would earn with... did she get lucky? yes... she was one of those that could have blown her account but didnt... is what she did advisable? no, as most who do it will blow up, and only a few will not...

kind of same with the day trading teachers..
they rely on the idea that a few percentage people they 'teach' will have the right personality and focus
but they do NOT notice the majority that fall to the side as they constantly troll for new fish...

bottom line (i believe) is that whether you take a course, or focus yourself hard and work it
its the person themselves that ultimately makes the outcome...
I work in a degree field with no degrees... (and may be forced to retire by diversity and lack of being the right sex)
but i constanly apply myself to education, and am a rare find being an autodidactic person...

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  #70 (permalink)
Trader825
Denver, CO
 
Posts: 16 since May 2017
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So here's my trades for the Cash Session so far.

Again, ALL trades are executed and managed via Order Flow and are LIVE. No sim trading here.

So, is there really something to Order Flow, and trading via the DOM (Depth of Market)?

YES THERE IS!

And if you can harness that knowledge and turn it into an edge you can use it to churn some profit.

I'll post a video soon of the first few trades of today's session so you can see how exactly I'm using the Order Book to do so.


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Last Updated on October 11, 2020


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