Posted by Mike on Mar 13, 2016 in Blog
Delta Scalper Finally a way to trade order flow without having to interpret a volume footprint chart. I have spent nearly 20 years trading on the institutional side of the market. I traded for JP Morgan (8 years). I traded for Cargill (4 years). I traded for Commerzbank (3 years). I traded for EDF Man (2 years). Let me share with you one thing about all the successful traders I know and dealt with on a daily basis. The one common trading method all the big traders I know...
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Posted by Mike on Mar 4, 2016 in Blog
Trading has its ups and downs and there are many things that you can do to make sure that you get more ups than downs. Over the course of your trading you will be able to develop a sense of discipline which will enable you to recognize if the market behaves in such a way that it would benefit you or not. Here are some of the most crucial tips you should live by if you want to succeed in trading: First advice, size kills. Don’t think you can all of a sudden up your trading...
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Posted by Mike on Mar 1, 2016 in Blog
I took 4 trades on Monday February 29, 2016. 2 in the ES and 2 in the ZB. The first trade was in the ZB which resulted in a loss. I got short at 164-12 with a stop at 164-21. This trade never really worked out for me at all. It did get as low as 164-07 before turning and going to my stop price. The reason I got short was the 3 ratios. I was looking for a little bounce up and a run to the lows at 164-05. Realistically I was expecting to take out the lows and get closer to...
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Posted by Mike on Mar 1, 2016 in Blog
Successful trading relies on so many factors, and most of the time, discipline is a big part of good trading, and knowing when to and when not to trade will help you have more wins than losses in your trading. Often times you read about being to be ice cold in your trading and gung ho from the open, but you are human, not a robot, and have to respect other factors. Here are some essential tips regarding the best times to trade alongside the times when you just have to step...
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Posted by Mike on Feb 21, 2016 in Blog
Getting into a trade is something that everyone talks about, but what is often overlooked is what goes through your mind once you are in a trade. How do you act when the trade started to move get away from you? What advice can I give you? Do not add to a losing position. You might have thought about averaging down on a losing trade (buying some at 1910, and buying some more if it goes down to 1905), thinking that after all, if it was a good buy at 1910, then the same thing...
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Posted by Mike on Feb 19, 2016 in Blog
While most of my teachings are in regards to trading with order flow, I really believe that one must have a good understanding of the market before committing their money to the markets. These 5 pieces of advice will help any trader, whether or not they are followers of order flow. One valuable thing that you can ever learn during the course of your trading is this – the market has character, and if you have developed a good sense of market evaluation, you would be able to...
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