Sounds like you're making progress, well done.agog wrote: ↑Wed Oct 20, 2021 12:25 pmI've been 'learning' order flow trading (in pre-off horse racing markets) for about 7 months now. I watched all Peter's videos on the subject repeatedly and have been manually trading all that time.
I lost money for the first 4 months but the loss decreased each month. I've have had a (small) profit for the last 3 months and I'm now at a position where my confidence is growing and I feel I can 'read' the markets much more clearly (though it's not easy). After 7 profitable days on the run I took a hit yesterday but that was down to poor trading by me - basically I dropped my guard psychologically and got mullered!!
My point is that, in my humble opinion, to learn order flow trading you'll have to sit for hour after hour watching - and ultimately trading - the markets. I'm not sure it can be automated - it is very nuanced and subtle. If aspects of it can be automated I'm a long way from seeing it but I'm becoming more comfortable with the manual side of it as time goes on.
My plan is to come up with order flow models or behaviour and then bactest to verify it..
Im trying to get away from backtesting and hunting data for strategies, i don't think that works..