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@bone, thank you for sharing your perspective as professional. I agree with you that one is unlikely to decode intentions of large players(unless they want it to be known). However, I think/assume most using these tools are much more short term oriented. Your statement above actually confirms...

How do you know what he's looking at specifically? Maybe he's calculating the footprint in his head? I've read a few of his articles awhile back and I remember him making analogy of two stacks of orders - buy stack and sell stack - whichever is larger. Sure sounds like footprint/orderflow...

Does this mean these have shown to be more predictable or your algo picks the stocks to trade that day?

Is DAS offered with any other retail broker? Any prop firms offering them? Somehow I get the feeling IB is not trying to attract day traders. Everyone is trying to attract the "dumb" orderflow (people who don't care about plus/minus a few cents or rebates or speed) and serious day traders...

If you have little/no experience, you would be looking for education, not backing. Remote education is not as effective. So either you try to join a firm where you can learn seating next to live traders, or you learn to trade first and then look for prop firm to back you. Kirshner Trading Group...

I bet you will find it ain't that easy either. Everything requires work and particular talent/skill. I would recommend you chose longer time frame though. Much easier to feed BS than day trading where, after a month, it's obvious you got nothing. May I ask which day trading educators you...

I wander who is on the other side of these? Obviously not retail.

So "outsourced" meaning "Trading Desk As A Service" kind of set up? I would assume that the people must be licenced so must be US citizens. So not the same as outsourcing tech.

You are confusing it INTC ticker.

"Outsourced trading is a rapidly growing segment of prime brokerage services" What exactly is being outsourced? Clearing?

You mean your algo is doing the pegging, not the exchange. Sure, you need to keep track of your orders in the book. Like keeping track of your position in queue, for example(you are not guaranteed to get there first and/or be the only one). I doubt very much you can do any market making with...

I don't understand. You don't have anything coded and you want to code it at prop firm? Why? Can't you code it as a stand alone module and only hook up to prop firm's execution gateway and market data? My understanding is that prop firms don't expect/request you to share any IP, but they may...

Ok, we are all ears. Will be appreciated by many I'm sure.

Orderflow is only meaningful around areas of interest, imho. Volume Profile is nothing more than areas of past activity which may or may not be relevant in the future. That's why I put it all in TA bucket - it only has value if enough people subscribe to it. You are not trading orderflow on...

Don't want this thread to die so soon ... To me, all TA is mostly a self fulfilling prophecy. It seems to me many indicators were born in the pits and I assume went something like this: Trader X is Large trader and can easily move the market (at least a few ticks anyway). He uses whatever...

The company is trying to be like collective2 for crypto, so the idea itself is not horrible.

Right, maybe their concept itself is not so bad, but why would they put this spin on it!? What the hell do they know about black families in America anyway! Ridiculous pitch.

I don't think what you are talking about is what this thread is discussing - how manual traders use orderflow. I'm not saying you are wrong, but it's not conventional use of orderflow, imho.

Curious what futures you are trading using orderflow?