
In this section you gain a well grounded introduction to Orderflow trading and understand how this benefits traders today and why you must be learning it regardless how and what you trade.
In this section you will learn the key components that make up the DOM, and start to build a comprehensive understanding of orderflow.
In this section you will learn all about passive orders on the book and what this means in orderflow.
We dig a little deeper into passive orders and how we can use this in the core orderflow methodology and understand what is happening in the DOM.
Most people thinking they know what a market order is... In this section we will broader that understanding, you will know how it occurs and understand the aggressive nature of the trader who places this and how to start implement this in your orderflow trading.
We go a little deeper into Market orders, and some of the techniques to look out for.
You get an opportunity to put you hard earned knowledge to work.
If you are a trader and don't know how to read a DOM, then I can safely say you are the dinosaur who didn't know the asteroid is coming. Trading has evolved over the past few years, in fact trading evolved a century ago when traders discovered that the only thing that mattered in trading was the order flow, everything else is secondary. Today, with the advent of electronic trading and algos, this is even more important.
How many of you know that 50% of the market algos? Don't believe me? Check your DOM 5 mins from a news release, and see half the market vanish as the Algos that don't like risk disappear, you can only see this on your level 2, professional traders know at this point you don't want to trade.
Do you know what a flipper is? Do you know who a growler is? Do you know what a spoof is? If the answer to even one of these is no, then you need this course. I do not specifically cover these in this introduction but in the next course we will look at these more in depth.
In this course we will cover all the basics of order flow to aid you in your trading, it will take you a few months of practising on the DOM before you reach the next level and feel ready for a strategic based course. Meanwhile enjoy the course.
Please remember to look in the resource section of your first module for our Discord server link for additional support with questions for your course.