There is a broker that is currently offering to pay clients if they execute a limit order instead of a market order. They are an ECN so they just pass on the bank liquidity to their customers and do not mark up the spread like other non-commission and non-ECN brokers do. The commissions for an executed order …
All sorts of people spend years of their lives never building any solid foundation for future trading success. You hear about the trading horror stories of how some people have tried to succeed in trading for the past five or ten years but failed. Such stories litter the trading forums. My guess is that of …
Here are some of my random thoughts about markets and trading: Bottom fishing is one of the most dangerous games you can play. It can be very dangerous if you lack knowledge about order flow, liquidity, news, sentiment, and global macro. Both traders and investors can fall victim to it. The investor believes that a …
Here are the various elements and part of your trading strategy you can tweak in order to make more money trading the financial markets: 1. Increase Leverage and Risk Per Trade If you have a system that has extremely high win rates and has a respectable reward risk ratio, then trading such a system …
There are various tracks of progress that you need to be succeed at and be progressing at a solid pace. To be a successful, profitable order flow trader and reach the highest point on the trading profit ladder you should be able to master every single track of progress. Knowledge Accumulation The first step is …
The real estate people like to talk about “location, location, location.” As traders you should almost always be constantly thinking about “liquidity, liquidity, liquidity.” Most traders, especially retail traders don’t think about liquidity. They believe they don’t have a need for it. After all, if they are placing small orders of 100,000 or 300,000 currency …
There are times when a chart pattern or price pattern “catches” a big trading move. Meaning that there was a chart pattern or price pattern that formed, and for the people watching those patterns and took the trade, then they take the signal and profit from it. The chart pattern or price pattern didn’t “cause” …
When I first learned about order flow trading, there were pretty much only two inefficiencies talked about. It was all about stop hunting and option barriers. Those were pretty much the only inefficiencies talked about. News Trading was talked about a little bit, but most people don’t know how and don’t want to do the …
A lot of traders when they first start learning, usually get exposure to the principle of bracket trading. I know I did. I used to find the support and resistance points that formed a consolidation box, and just blindly set buy/sell stops to play the breakouts. I did that for a few months, before I …
Some big stop losses accumulating in the gold market. They should be pretty easy to spot. The big stop losses have been accumulating above $1,845. It has stop losses from the chart pattern followers who see an ascending triangle and want to buy a breakout. They have placed buy stops above the highs. There are …