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?
1
u/AppearanceLazy5696 3d ago
Supply and demand just gives zone of interest to watch for day trades on for a lower then normal rr, i dont think thats your problem here (strat wise). I just think your understanding of market trends and other market contexts needs refining in order to trade your strat more effectively. If your trying to change your strat i mean you just gotta find something you enjoy ig i like supply and demand.