Is this style of trading basically just the following?:
-Use the DOM
-Use executing market and correlated markets DOM to find which side of the market to lean on?
-Trade mostly Gold, Silver, Soybeans, Interest Rate products, but only indices at night or early morning when there is less volatility?
-Play the queue in slower/thicker markets, then deciding if you want to stay in as the queue works down and the correlations suggest that you lean on a bid or offer?
-Using Time & Sales to know which traders are 'in the game' looking out for bigger traders?
-Also, in some situations finding where the market is more in a 'market maker zone' such as a range where you can rely on with high probability mean reversion?
-When a market has heavy 'lean' for example towards the buy-side, continue to lean on bids until velocity slows down.
-Use those correlations, but pay attention to how things are trading in your market, and who is trading.
-Pay attention to how you are filled because this will let you know what to expect.
If the above is true, then a dude I talk to on Reddit and whose videos I use to watch on youtube told me how to do this for FREE! He took down most of his videos save for one, but what i posted is basically we talked about. I had about 30 conversations with him, and he just told me what he was working on and his thoughts on "manual market-making style scalping."
He said that he just figured it out for himself by reading a bunch of old math-heavy research papers on algo market-making, and tried to make what he learned work for a slower manual execution style of scalping that didn't really compete with the algos, although "the algos are always in the game when it makes sense for them to be."
He told me that in faster markets like ES/NQ/YM to rethink and reframe what the spread is. His precise words, "the spread is what you create based on where YOU place your bid/asks, not necessarily the inside bid and offer." Before he took down his videos, he said something similar while scalping YM for around 3-6 ticks/trade. He talked about "where to make your market, looking for back-and-forth action where you can easily flip out on the bid or ask."
That dude did more for my trading than anyone without charging a thing. Gary Norden doesn't share any trading videos, the NDA of his course might make it so that people who bought it are afraid to even give a review and $999 just for a what 60-page ebook? That is a risky product. What if you buy it and find out that it is junk, that the above what I posted is basically what it is?
That guy who use to make videos and who use to post on Reddit said he knows someone who paid Norden's full fee, the $3000 one and that student of Norden after 6 months didn't know how to trade the style.
Why can't Gary Norden just share a simple video? Is the style so simple that one video would give all the secrets? Why can't the $999 book have images in it to share some examples of what he looks for on the DOM? He is asking a lot of money just for some words. He generally seems like an honest dude, but this book seems like it isn't worth what he is asking. Does he go over video in the monthly sessions mentioned on the Jigsaw website?
One thing that Reddit dude said was that a lot of information on DOM/Price Ladder trading has come out because a lot of the techniques simply do not work any longer, and a lot of these former big shot prop traders have lost their edge. He said, that many educators are selling stuff that worked in 2005. He said something I won't share that was negative about another DOM scalper educator who charges a good amount of money to have ppl watch him trade, and what he said made sense.
