SierraOnShop – How to scalp the market with the DOM

Description of How to scalp the market with the DOM

Why the Depth Of Market is essential? 

“An analysis of trading-platform data shows that 80% of day traders are unprofitable over the course of a year”. Most retail traders we can see on internet are using tools based on the price. These tools are not relevant for scalping because we can’t predict the price based on the past. We need to use liquidity and volumes, and the DOM is one of this tool.

Tools used by institutional traders and hedge funds based on liquidity and volume

• Depth of market
• Heatmap
• VWAP
• Time and sales
• Volume profile

Tools used by retail traders based on price

• Thechnical indicators (RSI, MACD, Ichimoku…)
• Moving average
• Fibonacci

What will you learn in How to scalp the market with the DOM?

• You will be able to read the Depth Of Market and all its elements (VWAP, volume profile, inside print…).
• You will understand why it is important to go on a centralized market and why the US markets are the best market in the world/.
• You will have a clear method with a checklist for structuring your trading .
• You will know how to select the best trade with the highest probability of success.
• You will be comfortable when you trade in any market condition.

Content:

INTRODUCTION 

• INTRODUCTION TO FUTURES MARKETS
• WHY AMERICANS MARKETS ARE BETTER?

THE ORDER BOOK (=DEPTH OF MARKET, DOM) 

• WHAT IS THE ORDER BOOK?
• BID/ASK
• INSIDE PRINT
• VOLUME PROFILE
• SPREAD
• HEATMAP

DIFFERENCE BETWEEN LIMITS ORDERS AND MARKET ORDERS 

• LIMITS ORDERS
• MARKETS ORDERS
• WHY SCALPING IS BETTER WITH LIMITS ORDERS

THE DIFFERENT TYPES OF MARKET IN THE ORDER BOOK 

HAVE A GLOBAL READING ON THE 4 AMERICAN INDICES 

INTERPRETATION OF THE DIFFERENT ELEMENTS OF THE DOM (volume profile, vwap, spoofing, liquidity, market manipulation, absorption…)

CONDITIONS BEFORE PLACING A TRADE 

WHERE TO PLACE THE TAKE PROFIT? 

MONEY MANAGEMENT & RISK MANAGEMENT 

GENERAL ADVICE 

SOME TRADING EXAMPLES WITH THEIR EXPLENATIONS 

Who is How to scalp the market with the DOM for?

This course is for traders who already has basic knowledge in trading (Chartism basis, draw support-resistance, place an order…) and want to explore the order flow world.

It is for traders who seriously want to use professional tools used by institutional traders. Nowadays, trading funds are looking for traders who know how to trade with the DOM!

It is for traders who want to see other trading strategies that we all see on a daily basis on YouTube, including : RSI, stochastic, ichimoku, MACD…

Who’s this PDF not for ? 

It is not for people who wish to be millionaire just with this PDF in a few weeks. Succeed in trading required hard work and a lot of time. You can’t be profitable in one week. It takes usually at least 2 years to start making a living.

I’m not promise you to be rich and to suceed 100% of your trade. But by buying this PDF, you will have all the required tools to be on the right path, and maybe with a consistent work, be a really successfull trader.

Find out more Stock Trading Courses