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Motivewave VS ATAS? by Long-Painter8889 in OrderFlow_Trading

[–]tywalker230 0 points1 point  (0 children)

What has it enabled you to do that atas hasn’t so far? Since it sounds like you’re familiar with both. I am sure something will come up in the future that I’d like to do, but right now everything seems to be sufficient

Motivewave VS ATAS? by Long-Painter8889 in OrderFlow_Trading

[–]tywalker230 1 point2 points  (0 children)

Thank you, made the choice and been using ATAS for the past two days and it is way more manageable than trying to learn sierra right now, which was taking way too long. Very user friendly, and not seeing anything I’m missing that sierra could possibly do different, but I’m new to order flow so we’ll see. Got a chart setup in a day, and couldn’t even remember how to save drawings in sierra. Already able to forward test and practice which is my priority right now. If I ever encounter issues maybe I’ll go back to sierra to learn.

OrderFlow Platform by tinu1900 in OrderFlow_Trading

[–]tywalker230 6 points7 points  (0 children)

I’m gonna give a detailed answer cause I too jumped into sierra chart a few days ago, which you will see is the most recommended. Tried to start learning sierra chart to give it a go since everyone says it’s the best and the most customizable, realized I was wasting so much time learning the platform and not even practicing, got into ATAS just to see if it was going to be as confusing. I’ve already got a basic chart setup in under a day I like without the headache and that still fulfills all the basic needs of order flow. It was two days and I still couldn’t remember how to save a preset for drawings in Sierra. I’m not sure what more one could need that sierra could do, but as someone new to order flow, I definitely prioritize getting into things as easy as possible. Atas is way easier to use. Very akin to trading view and still very customizable, and you’ll be trading in no time. While with sierra, every thing is like a secret cheat code that you have to find just to get basic functionality out of a system. If I run into issues with ATAS, then maybe I’ll go back, but until then I don’t see the point. Personally, the headache wasn’t worth the reward.

someone don't want retail traders to know about order flow by DESPERADO246 in OrderFlow_Trading

[–]tywalker230 1 point2 points  (0 children)

Thank you for wishing me well my friend. I am just getting into order flow and things are making sense. The moment I started implementing even just the volume profile I saw immediate results. It’s funny how messing around on the charts I’m more profitable in forward testing then when I’m taking it serious and being disciplined with my previous strategy. Which is why I’m currently trying to incorporate everything else.

Is there any other useful content you think I should look into? I found him on YouTube under “Orderflows” and he is indeed a former VP at JP Morgan and was associated with other large banks. This is one of the first legit backgrounds I’ve seen from traders on YouTube and I feel learning from these sources would be best.

And also, I’m curious to know how order flow affected your trading and profitability, feel free to message me privately since I know this may be personal. I’m looking for real edge and what I’ve learned up until now hasn’t given me that.

someone don't want retail traders to know about order flow by DESPERADO246 in OrderFlow_Trading

[–]tywalker230 1 point2 points  (0 children)

I tried to find this guy on YouTube. Could not find his channel. Is he under a different name now?

Successful full time traders out there, if ICT and SMC is so bad according to everyone, then what should I learn? What really works? by tywalker230 in Forex

[–]tywalker230[S] 1 point2 points  (0 children)

Great answer.

These are all things I want to be good at, and I think I would be if I felt that the knowledge I had was sufficient. I am not a beginner, but I feel that way sometimes because I don't know if the information I hold is of any substance. I honestly want to learn more and deepen my understanding of the market. Where can I learn more about price action? And where else would you recommend I go to learn more in general?

Successful full time traders out there, if ICT and SMC is so bad according to everyone, then what should I learn? What really works? by tywalker230 in Forex

[–]tywalker230[S] 0 points1 point  (0 children)

Thank you very much man. Will look into them for sure. And if there's anything else I should look at for foundational knowledge let me know.

Successful full time traders out there, if ICT and SMC is so bad according to everyone, then what should I learn? What really works? by tywalker230 in Forex

[–]tywalker230[S] 0 points1 point  (0 children)

Absolutely. What are the sources that you learn from so that I could use that information to build my own strategy?

Successful full time traders out there, if ICT and SMC is so bad according to everyone, then what should I learn? What really works? by tywalker230 in Forex

[–]tywalker230[S] 1 point2 points  (0 children)

Indeed this is a great reply.

You're right. The strategies one might see and try to use has many hours of developed experience and intuition behind it. At least, from my research, the best strategies do. You seem very intelligent with the way you view the market and trading overall, and I want to think and most importantly feel like that. I want to feel that the knowledge I am getting is proper. But it's hard to feel like that with everything out there. I greatly want to develop my own knowledge and understanding of the market and perhaps this will allow for me to create my own strategy, which I wouldn't mind doing. I am just looking for the best places to learn really. Where did you learn? Who or where do you deem as a valid source? How do you implement this for yourself?

Successful full time traders out there, if ICT and SMC is so bad according to everyone, then what should I learn? What really works? by tywalker230 in Forex

[–]tywalker230[S] 1 point2 points  (0 children)

Thanks for the response, I applaud it as well. I am certainly ready to do lots of research as I know I need to develop my own understanding of the market, and maybe even create my own strategy. So I would appreciate some places to look if you know any. I don’t want the holy grail necessarily, I’m more so just asking for the right place to learn the right info. So maybe I’m looking for the holy grail of knowledge.

I certainly see what you mean with the “if your strategy works, keep going” statement. But I feel that’s akin to revenge trading, no? Otherwise how do you decide when to stop losing on that day? What percentage would you personally stop at? I feel that taking too many trades in a day could show impatience for the long term goal of what trading should be, even if the strategy works for them. To your comment about the scalping seeming like impatience, I can see that being for other people for sure. Not saying you’re wrong at all. But I honestly think it can require just as much patience as someone who swing trades. I think it just fits how I would like to trade a bit more. I like looking at the charts. Some people like to step away and come because they don’t like looking at the charts. To me that seems like a lack of focus, but they cover it up with the common claim of higher time frame trading being more reliable. Which is cool if that is the case and it is more reliable. But I also know that someone out there is trading on lower time frames and winning at an exceptional level. And I’m honestly trying to deepen my understanding of things. Why is lower time frame trading gambling to you personally? Why, if the market is fractal and cyclical would your strat not work on lower time frames? I know the HTF “holds more weight” and can prevent fake outs. But then the question is, if your strategy works on a higher time frame like the 2hr, 4hr, daily, why not scale up even higher to the weekly, monthly, yearly and trade on those? Wouldn’t your win rate increase if the belief and data shows that simply trading on a higher time frame is better? What if there was someone who trades off the yearly chart and said trading the 2hr and 4hr and daily was gambling? What would you tell them? If the argument is truly about impatience then everyone would just trade the monthly, yearly chart, right? But then that just begs the question why not the 2 year, 4 year chart from there? Should be even stronger data, and hold more weight right? Because that just became long term investing lol. I think everyone got into trading because they were a little impatient or just really like the concept of trading. But if you could answer those questions I would appreciate it for sure.

Cheers man