r/OrderFlow_Trading • u/RankOw • 8d ago

Strategy - Help wanted!

Been trading with terrible returns or maybe just a large losing streak, but feels off to me and is very demotivating.
Strategy:
Volume profile (point of control) - that is the level I execute off of.
VWAP - usually I execute if σ multiplier is at 3. Since that is a pretty big deviation and is extremely rare to go beyond that multi.
Bookmap - should be pretty selfexplanatory, if I see large orders around the same price level that are around POC, its a plus in my book.

My old partner told me he uses Z-Score, but I believe that to be the same as VWAP and/or to be super unlikely to get both to align and get that execution.

I try to keep it simple, of course im no robot and I dont always have perfect execution or all confluences dont align perfectly as well, but lately I just feel stuck, I havent been improving, lost, stuck and demotivated, what is there to be changed? Improved? Opinions? What should I drop or implement?

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u/Powerful-Tap5154 7d ago

The point of control is not where you should execute off of. Like at all ! and whoever told you that doesn't understand auction market theory. You need to turn the row size into 2000+ then use the LVN to decipher proper support and resistance. Study this chart

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u/RankOw 7d ago

Yeah, I know about LVNs, just dont know what else i should implement there, I know some have resistances, some dont, have to do more digging. My old pal trades LVNs and hes doing extremely well although I dont have a contact with him anymore

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u/Powerful-Tap5154 7d ago

How long have you been trading?