Jim Rohn, was one of the greatest motivational speakers and achievement philosophers. He passed away a few years ago, but there are plenty of YouTube videos out there for you to enjoy and work on your personal development.
Watch the video below of Jim Rohn speaking about excelling in the new millennium. Turn up the volume to hear it. I have converted Jim Rohn’s presentation into order flow trading success in writing below.
Order Flow Trading Success
Timing has a lot to do with trading. You need to time the order flow trades correctly.
After you have hopped around from system to system, tried out every indicator under the sun, learned every chart pattern, had many series of consecutive losing trades, eventually you make a decision and say that you don’t want to trade like this anymore.
After many series of consecutive losses, giving large profits back into the market, and being on the wrong side of the markets movement, you eventually say to yourself, that you will never let this happen again. You want to find a better way to trade. Enter order flow trading. It is the road less traveled by.
You need to search until you find better order flow generators. You need to search until you find a better market environment and conditions to trade in. You need to search to find a better time to place a trade where the market positioning might work in your favor. So that your trading account can grow and your bank account can grow.
And it was shortly after that where I discovered Darkstar on the forexfactory who talked about order flow, liquidity, and stop hunting. His posts taught me how to change my trading and my life.
A Buddhist proverb says that:
When the student is ready, the teacher will appear.
There is a lot of truth to that.
I was trying to be a profitable trader for two years before order flow trading, but the market did not pay me much. I thought the market wasn’t paying me much. Eventually I discovered that’s not true. For the market allows you to extract a large amount of money if you are an order flow trader and have overcome your emotional problems.
The market may not have been paying the “beginner trader” trading technical analysis very well. But the market certainly pays the order flow trader exceptionally well. I had to transform myself into a new type of trader. That took mindset, habitual, behavioral changes.
Eventually you figure out that there are other traders out there who extract $10,000 a month, $100,000 per month, others upwards of $1 million per month from trading. You can always extract more from the market if you improve your skills.
I wondered what those traders, making more money than me, were doing and figured if I could do what they do, my profits would slowly grow to eventually match them. Eventually I figured out I didn’t have to work harder on my technical indicators, but I had to work harder on myself. To transform myself into an order flow trader.
That is the beginning of the order flow transformation.
“Some of the valuable things are on the high shelf. So you can’t get to them until you qualify”
“If you want the things on the higher shelf you need to stand on the books you read.”
Order flow, liquidity, global macro, market microstructure, market sentiment books, NOT technical indicators, chart pattern books.
Order flow trading success is something you attract by the person you become. It is not random, and doesn’t just happen based on luck. You need to transform yourself into an order flow trader and then you can attract the success and profits.
Profits are better than wages.
Wages make you a living, profits make you a fortune.
Anybody can do it once they get the information.
“Your income is directly related to your philosophy, not to the economy.”
You can make profits in both up and down markets, regardless of what the economy is doing as long as you are an order flow trader.
Back in the day I kept hoping the moving averages would turn around and save my trades from losses. But eventually I realized that my philosophy had to change. Attain an order flow trading philosophy. A philosophy of Order Flow, Liquidity, Volatility.