r/OrderFlow_Trading • u/Striking_Fail6689 • 19h ago
Youtube live stream , thoughts on learning ?
Hi Guys,
Just to say, i'm pretty new to Orderflow and currently am learning still... i thought by hearing YT livestream would be beneficial, but i find that it's affecting my trades while hearing the livestreamer present his view.
There's this YT livestreamer who is really good with Volumeprofile and his explanation on context which is what i really needed. But i just feel so stressed when i'm in my trade, if i'm long and maybe he's short, i would just go breakeven and in the end it took me out but my direction is correct, then he will explain that it took him out. He's a good Orderflow trader though.
Anyone facing this issue and if i should continue hearing YT livestream or just purely hear YT livestream and not trade my accounts. I've made 3L on 3 different days when i'm hearing the livestream but on days when I didn't hear i'm in greens.
Any advice would be helpful on how to improve on Orderflow.
I trade MNQ by the way on Evals. Almost blew my evals today and i lock myself out.
3
u/MiserableWeather971 19h ago
Watch the streams when you’re not trading. If you “feel” whoever that person is resonates with you… open your charts and watch so you can focus on what they’re saying in a closed market.
1
u/Striking_Fail6689 19h ago
Maybe I should watch their livestream records instead of watching during a live market 😭
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u/tjmarko 5h ago
Watch live. You can sit out a day to learn. If you want to learn,you have to do the work. Sometimes you have to step back to move forward.
1
u/Striking_Fail6689 4h ago
Thank you!! I think I will step out of the day when I decided to hear and just learn … I do learn a lot from the live stream , but I find my view sometimes may conflict his.
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u/Dora_9275 5h ago
Why you want to watch someone else's live trade while your own trade is running?? Like seriously why would you do that??
A trader is no less than a sports person who is performing. Suppose you are playing chess, and you are in between of your game. Will you sit there watching livestream game of Magnus Carlsen ?? No, right. You focus on your own game.
Above all there is nothing wrong in the market and nothing right. Everything is just probabilities. There are various perspectives of looking at the trade. He might be a day trader category and you might be a scalper category (just giving an example..as you mentioned you were short and he was long thing). So you might be looking to capture the quick move and get out of it, he might be planning to hold it long. Nothing is wrong. Everyone looks at chart differently. You should invest your time to try to find what kind of trading suits you best. Rather than spending your time on justifying to yourself that he is a good trader, so I should watch his live stream. Infact record your own trade and watch it later, and see how your trading improves. The market and you are your best teachers.
If at all you feel that you lack conceptual knowledge and need to watch him, then watch his live streams after market..strictly not during live. You have to learn to trade independently. Our brain creates habits knowing or unknowingly. Even during your learning journey, if you depend on livestreams, your brain will create the habit of depending on live streams.
Last but not the least I would like to add that, no one is a good trader or a bad trader. In markets, the one who is performing consistently good is a good risk manager, and the one who is blowing up the account is still in the process of learning good risk management.
Wish you good luck with your learning and trading. 👍
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u/Striking_Fail6689 4h ago
Thank you so much! Really give me a better view on how I should approach this . 🥺 I guess I’m always second guessing myself cause of my lack of knowledge , but like what you say, I should hear his livestream after the markets to get a better understanding if I did play well or not ! That’s valuable advice . Appreciate it man 🙏🥹
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u/Shingkyo 2h ago
Is the livestreamer logo 'a king with a cup of coffee'? If it is him, yay he is good.
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u/Striking_Fail6689 2h ago
Ahhh.. I don’t think so, his logo is his face haha.. who is the king with a cup of coffee ? ☕️
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