mispricing and inefficiency are clearly not the same thing to me, but I'd like to hear what the more experienced say about that.

Order Flow - Achieving the mindset

And no, an inefficiency is not just a flaw in a brokers or ECN's platform.

Order Flow - Achieving the mindset

Race car drivers know about cars and how engines work man I will guarantee you that... They may win a few races if the car is driving the way it should, but they better learn about cars or else they can't communicate to the pits about what is going ...

Order Flow - Achieving the mindset

But how could you find or know the inefficiencies of a car if you don't know how it's built and runs? How could you find a mispricing of a car if you don't know shit about cars?

Order Flow - Achieving the mindset

fair enough, but the thread was "thoughts on 50:1 leverage" not "thoughts on CFTC". Let's be honest, majority of retail traders are very stupid when it comes to trading Spot FX. If that wasn't the case, would things be different? I don't know... ...

Thoughts on 50:1 Leverage

Hey Louie, here is something to think about with the crosses... This is from ForexLive: http://www.forexlive.com/175638/all/ma-deals-eyed-this-week also I think watching say EU, UJ, and EJ for euro strength, or EU, GU, and EG to see which may be a ...

Order Flow - Achieving the mindset

This was brought back out of nowhere... But hey, I'll say it again... Standard institutional accounts never allowed 500:1 leverage. I hope you all understand that's crazy. You can go read up on why they did this at retail shops. A real institutional ...

Thoughts on 50:1 Leverage

I don't think he would be (considering he actually wrote about it himself, a little bit more in depth as well) and it's not easy to do and requires thought, skill, knowledge and information. I am saying it very simply, and probably wrong, but I will ...

Order Flow - Achieving the mindset

Right on, exactly...

Order Flow - Achieving the mindset

I hear you man, and one day I hope to have that pile of money... thats why we're all in this.

Order Flow - Achieving the mindset

Gotcha.... solid thinking... I'm sold on that one.

Order Flow - Achieving the mindset

Nice man. From all your posts you seem like you deeply studied this shit and it's obvious that you have plenty of knowledge on micro-structure and trading, good to see it pay off. That was a great thread btw. Nice charts... USDTRY... interesting.

Order Flow - Achieving the mindset

Scotty B how are you doing these days? After that thread "quest for wisdom..." you started just curious as to where you are now. I remember reading your later posts and it seemed like you were putting it together for yourself. There are many ways to ...

Order Flow - Achieving the mindset

Well I think it might not be the event itself that is what you're looking for. You're looking for a system build around orderflow, so although the event might not be the same event happening over and over, the reactions to things are never changing ...

Order Flow - Achieving the mindset

Makes sense to me.

Order Flow - Achieving the mindset

By the way, what I am working on is basically trying to figure out what the market might be pricing in, and then waiting for events or news that traps them which then causes them to want to get out asap, using market orders that will drive the move ...

Order Flow - Achieving the mindset

I hear you man... it's over mine too. thinking back to some posts about concentrations of liquidity and there effect on price. It's been stated that price always reacts the same way, therefor I am assuming we can build a simple methodology around ...

Order Flow - Achieving the mindset

Well I wouldn't go by EU "looking" over extended" because of some report from WSJ of the possibility of portugal needing a bailout, you're going to have to pay more attention to how that developes along with the bailout funds and others things going ...

Order Flow - Achieving the mindset

Also, this is more longer term as we are dealing with macro factors and money flow and sentiment, but if you're trading intraday, although sentiment is definitely something you always want to pay attention to because this effects behaviors of ...

Order Flow - Achieving the mindset

Yes that was good stuff. So then, after this, it would be a matter of using the mechanics for the entry I would assume. Stop hunts, or bargain hunting... I have heard it many times that trading corrections is the way to go... overreactions, ...

Order Flow - Achieving the mindset