What an order flow trader adapted from one of the “big boys” – Ben, @BLB_Capital | Forex
Information | Currency | Markets | Fx | Video | Assets | Lesson | Trading
EP 093: What an order flow fanatic adapted from one of the “big boys” — Ben, @BLB_Capital What you’re about to hear is a conversation I had with a short-term futures trader, Ben—whose last name we won’t mention only for privacy reasons, but he goes by @BLB_Capital on Twitter. Before entering the market, Ben previously ran a construction company until an injury put him out of action for a period of time, which is when a friend got him interested in trading. Developing his craft over recent years, the bulk of Ben’s trading now revolves around order flow and he’s most active in Oil, Gold and ES. Over the next 50-mins or so we discuss; what Ben learned and emulated from a large bond trader he was trained by, insight to his core trading strategies, how he utilizes automation, why traders should be aware of “right-to-left syndrome” and more. - - - - - - LINKS - - - - - - · Show notes: https://chatwithtraders.com/ep-093-ben-blb-capital · More interviews: https://chatwithtraders.com · Free resources: https://chatwithtraders.com/resources · Sponsored by Darwinex: https://darwinex.com/traders · Twitter: https://twitter.com/chatwithtraders · Facebook: http://facebook.com/chatwithtraders · Instagram: https://instagram.com/chatwithtraders_ · Soundcloud: https://soundcloud.com/chat-with-traders · Stitcher: http://www.stitcher.com/podcast/chat-with-traders
Comments
-
wow, he said big guys trade only of the DOM, making thousands(!) of orders a day? that must be a huuuge commission all together. I ve heard that you have to pay some 4$ for a round trip trade with Ninja trader futures. 1000x4 would be 4k :D
-
RE: resources - At the end did he mean FUTEX?
-
It help me a lot. Thank for create this video.
-
i'd like to see this guys filters he built and see him trade-have a feeling there's a bunch of good stuff there that wasn't said...not a very chatty guy
-
I LOVE THESE VIDEOS DO MORE OF THEM PLEASE
-
Good interview! Nice and honest. This is about the 4th or 5th episode I have watched now, and I really enjoy the fact that these interviewees aren't exactly used to being interviewed, I am sure for some of them it may be their first ever official interview, so the raw answers they give are very digestible. I feel like in this episode it would have been useful to establish the going "vocabulary" of the day in case he was simply using different terms for common things.
-
sounds like baiting orders or some sort of iceberg orders. honest interview.
-
did I hear him correctly? he learned about trading during his time-off during an injury and then only 6 months later after his doctor gave the okay to return to work he was already earning more from trading than at a contruction job working 12-hour days??? Incredible! I admire that about Ben. I am on 3rd year of trial/error and having been a victim of many snake oil salesmen. I took Ben's recommendations and started overloading my brain this whole week with Market Delta videos since this episode went public. Feeling like I'm on the right track for me. Order Flow...here we come!
-
I have just come across this great resource. Fantastic stuff Aaron and such a revelation to find that all the mistakes I have made over the years were no different than those made by far more successful traders than me. I am gradually working my way through the whole list. This really brings the 'Market Wizards' idea up to date. Thank you.
-
I'm listing to your show until I make my future appearance! 😉love it
-
why is the intervieuw with triforce trader removed?
-
Very good interview. Finally I hear of someone else who use's 10 second charts for Futures - I use them myself in the following formats Candle volume, Equivolume, Heikin Ashi. Also Market Delta footprint data. www.macrovigilance.com a talk I gave.. https://www.youtube.com/watch?v=UQtMZV_S3Os
-
I agree with this guy, trading is about identifying supply and demand, you can do that by candles on a very low time frame or by watching the order book. Most of the stuff on line is not worth consuming, it might work for a while but will not work long term. No system works forever, thats why banks employ top people to constantly tweak their algo's, trading is all about reading supply and demand regardless of market conditions. You can only do that dynamically "on the fly".and no code or algo can beat a human who can do this and adapt instantly to change.
People should put in the hrs working out how to identify this, not waste time trying to copy anyone elses methods, the more you read and consume, the more it will play on your mind and influence your trading decisions. Find your own way and do not keep reading twitter etc.
Because guess what, nobody who really knows howto trade is going to tell anyone else because they need the losers in order to provide liquidity for them to make money, so why would they tell everyone else who will then potentially take some of that liquidity away? -
He said something that is the pure reality of this business. Many " successful Trades " promising to sell you a fake product. I see it the same way Ben does. If you are a good trader why would you want to charge to teach? anyways great interview Aaron !
-
16:31 EXACTLY Brokerage statements or piss off! Also agree Sierra Charts is the best.
-
Nice interview... dankie
-
Being in the trade all the time, fantastic i love that kind of approach to trading.
-
Really enjoyed your follow up questions in this one.