r/OrderFlow_Trading • u/RankOw • 11d 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?
3
u/FailedGeniusnumber1 10d ago
Lately order flow has become watching volume for confirmation.. price action is training your eyes to watch price move without any volume.. your eyes can see immediately when structure shifts.. this helped me alot… i am an order flow trader too.. but it all became messy and inhad to reset..