Well, of course you're right. And yet I find myself being able to say that about just about anything but especially about trading. Take baseball, for example. If you don't know how to handle fast line drive grounders right at you, it's possible you shouldn't be a short stop and no million dollar glove or really comfortable cleats are going to help you. You DO have to know how to play baseball before any of the better equipment is going to make a difference to your game. But don't feel so badly. Trading is a demanding game and challenging in every respect that I can think of. It is to me, anyway. OFA tools give me an edge I've not found anywhere else, however. They take practice and repetition but all I can tell you is the work is worth it.
i know how to trade , ofa has good tools and training...the have helped me... the point i was trying to make was reading orderflow will be counter productive ...if you do not know what direction to place the trade.... (trend I.D.) or key references points that are likely reversonal points...( a bracketed market.).the likley points where your trade may stop along the way ..(trade management).... ofa tools will not help that much on the bigger picture ... after that stuff is mastered then it is time for orderflow school and ofa is a good school...
Last edited by forgiven; October 15th, 2014 at 06:24 PM.
Agree with you. So that you know, I am not an OFA instructor nor the individual to whom you referred in your note back to me. I've merely been an OFA client for a little more than a year. I have found the tools most useful both in getting into good trades that tend to pay me and in staying out of bad trades that tend to pay someone else. Yet I would agree with you: if someone is at the level of trader development where recognizing trend direction is still a question, then getting into order flow of any kind might be getting the cart in front of the horse.
sorry for the insult... i deleted the incorrect infomoration you referenced from my post... the tools are useful... i use them every day too.. my post was for strugling traders that may think ... orderflow by its self will solve the problems they are having...... that all.. go.... GO O.F.A. we are both on the same page know
sorry to post this again, but I am finally really quitting trading now, and I have an OFA/Ninja Professional with VCA Module license (lifetime) for sale.
Please pm me if you are interested and also tell me, how much you would be willing to pay. Paypal and bank transfer preferred.
Sorry to everybody who contacted my a year ago and who did not get any response, I am very sorry for the inconvenience. A fast response now is guaranteed!!
I rate OFA very high....BUT..... you have to invest A LOT of time to thoroughly understand what is going on. I did the bootcamp (5 days) some years ago and was overwhelmed by all the information. You can clearly see live what is going on, no lagging indicators here, so you really have an edge.
But now for the other question: Did I make good money. No! But the reason was that trading was only a part time hobby of me, I had a very small trading account (6k) and spent around 1 hour per day on 1-3 days per week, sometimes even less. Also I was "toying" around with other systems, just for the fun of it. Would I have been more focused, would have spent more time learning in the trading rooms I am sure I would have been profitable.
So that is also my advice: If you start out with OFA be prepared to spend at least 3 months for learning and sim trading. OFA has a lot of learning resources, so you wont have any problems here
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