Summary In this episode of the Mind Over Markets podcast, the hosts delve into the intricacies of order flow in trading, discussing its evolution, tools, and the psychological aspects of trading. They emphasize the importance of understanding market context, the dangers of getting too caught up in order flow, and how to effectively use it as a supplementary tool rather than a primary strategy. The conversation highlights the need for patience and pattern recognition in trading, especially in the current market conditions. Takeaways Order flow can provide an edge in trading, especially in futures. Understanding market context is crucial before diving into order flow. Order flow tools have evolved and should be used wisely. Getting sucked into order flow can lead to poor trading decisions. Order flow is best used as a confirmation tool, not the sole basis for trades. Patience is key when waiting for market reactions to validate trades. Traders should focus on pattern recognition to improve their trading strategies. Order flow can help identify market imbalances and potential reversals. It's important to have a systematic approach to trading, not just rely on order flow. Expectations around order flow should be realistic; it is not a guaranteed solution. Chapters 00:00 Introduction to Order Flow Trading 06:38 Understanding the Role of Order Flow 09:30 Best Practices for Utilizing Order Flow 12:34 Contextualizing Order Flow in Trading 15:29 The Importance of Market Context 18:30 Conclusion and Final Thoughts 24:11 Navigating Changes in Market Dynamics 27:36 The Role of Delta in Order Flow 31:01 Integrating Footprint and DOM for Better Insights 33:36 Adjusting Trading Strategies in a Low Volatility Environment 36:43 Navigating the Brutality of Trading 37:51 The Role of Order Flow in Trading 39:50 Understanding Market Reactions and Patterns 41:51 The Importance of Waiting for Confirmation 44:04 Learning from Trade Outcomes 46:22 Defining Good vs. Bad Trades 48:30 The Edge of Consistency in Trading 50:22 Maturing as a Trader 52:40 Order Flow as a Supplementary Tool 55:34 Final Thoughts on Order Flow   Checkout the ELITE All Access Subscription (Courses + Rooms) Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Leave me a message or your question on Speakpipe here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here

Summary In this conversation, George and Vicky explore various investment strategies, reflecting on personal experiences with stocks like Peloton and Celsius. They discuss the importance of understanding market trends, the role of consumer behavior in investing, and the impact of economic cycles on luxury brands. The conversation also delves into emerging technologies, particularly in AI, and the potential of international markets like Japan and China. They emphasize the significance of passive investing and share insights on how to navigate the complexities of the stock market. Takeaways Investing in hype names can lead to significant losses. Understanding the product is crucial before investing. Market conditions heavily influence stock performance. Luxury brands often outperform during economic booms. AI technology presents new investment opportunities. Passive investing can reduce stress and workload. Consumer behavior can guide investment decisions. International markets may offer growth potential. Diversifying investments can mitigate risks. Research and understanding are key to successful investing. Chapters 00:00Introduction to Celsius and Investment Insights 07:47Understanding Investment Without Product Knowledge 15:29The Role of Consumption in Investment Strategies 20:42Market Conditions and Investment Strategies 26:23Exploring Growth Stocks and Future Opportunities 31:06International Investments: Japan and China 36:29Innovative AI Companies and Future Trends 42:30Balancing Boring Investments with Exciting Opportunities Checkout the ELITE All Access Subscription (Courses + Rooms) Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Leave me a message or your question on Speakpipe here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here

Summary In this conversation, George and Victorio discuss the evolution of the market, emphasizing the increased efficiency and complexity compared to the past. He delves into the impact of news on trading, highlighting the challenges and risks associated with news trading. George shares strategies for navigating news events, the role of algorithms, and the importance of understanding market dynamics. He concludes by reflecting on the future of news trading and its relevance in today's market environment. Takeaways The market has evolved from being less efficient to highly efficient due to increased liquidity and algorithmic trading. News trading has become more complex and less predictable, making it a risky strategy. Traders should focus on their established strategies rather than reacting impulsively to news events. Understanding market dynamics is crucial for successful trading, especially during volatile news periods. Algorithms play a significant role in market movements, often overshadowing retail traders' actions. Patience is key; waiting for the dust to settle after news events can lead to better trading decisions. Not all news events are equally impactful; traders should discern which events are worth trading. The psychology of trading can be affected by news, leading to emotional decision-making. Traders should avoid developing bad habits by reacting to news without a clear strategy. The future of news trading may require a shift in approach as market conditions continue to change. Chapters 01:30 Trading the News: An Overview 04:56 The Evolution of News Trading 09:20 Mistakes in News Trading 12:08 Understanding Market Reactions to News 16:32 Strategies for Trading News Effectively 19:56 Navigating Market Volatility 26:55 Understanding News Trading Dynamics 34:45 The Evolution of News Trading Strategies 42:16 Introduction to Trading Psychology Checkout the ELITE All Access Subscription (Courses + Rooms) Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Leave me a message or your question on Speakpipe here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here

Summary In this episode of Mind Over Markets, Vic interviews John Rizzo, a prominent trader known for his expertise in Auction Market Theory. They discuss Rizzo's early experiences in trading, his journey into futures trading, and the strategies he employs. The conversation delves into the nuances of risk management, trading psychology, and the importance of having a structured plan. Rizzo shares valuable insights for new traders, emphasizing the significance of backtesting and understanding market dynamics. The episode concludes with Rizzo's thoughts on trading without extensive journaling, highlighting his unique approach to learning and adapting in the trading world. Takeaways John Rizzo started investing at the age of 12. He attributes his wealth to starting early and holding equities. Auction Market Theory has been a significant part of his trading strategy. Rizzo prefers using volume profiles for trading decisions. He emphasizes the importance of having a trading plan for each day. Backtesting strategies is crucial for successful trading. Rizzo does not keep a traditional trading journal but reflects on his trades. He primarily focuses on long positions rather than shorting. Understanding market conditions helps in adjusting trading strategies. Rizzo encourages new traders to find their own style and stick to it. Sound Bites "I prefer to only long." "Backtest your strategy." "Have a plan for the day." Chapters 00:00     Introduction to Auction Market Theory and Trading Journey 01:58.     Early Beginnings in Investing 04:43.     Transitioning to Intraday Trading 09:39      Exploring Futures Trading 11:22.      Understanding Auction Market Theory 15:31.      Developing a Trading Strategy 21:28.     Gaining Confidence in Trading 23:29.     The Role of Risk-Reward in Trading 27:31.      Analyzing Trade Timing and Execution 31:20      The Debate on Order Flow Trading 35:35.     Order Flow vs Auction Market Theory 38:12.     Adapting Trading Strategies to Market Conditions 41:36.     Understanding Levels and Risk Management 46:57.     Swing Trading: Futures vs Options 53:11.      The Importance of Journaling in Trading 01:00:54   Advice for New Traders Checkout the ELITE All Access Subscription (Courses + Rooms) Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Leave me a message or your question on Speakpipe here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here

In this conversation, George discusses the evolving landscape of trading, particularly in futures markets. He emphasizes the importance of adapting to changing market conditions, the role of patience in trading success, and the impact of COVID-19 on trading dynamics. The discussion also touches on the rise of prop firms, the complexities of order flow, and the necessity for traders to embrace change to thrive in the market. Ultimately, George highlights the importance of community and continuous learning in navigating the challenges of trading. takeaways Adapting to market conditions is crucial for traders. The futures market has undergone significant changes over the years. Patience is a vital skill for successful trading. Order flow can be both beneficial and detrimental. The rise of prop firms has affected market liquidity. Traders must be willing to change their strategies as needed. COVID-19 has had a lasting impact on trading dynamics. Community support is essential for traders' success. Understanding market psychology is key to trading effectively. The future of trading will involve both human and AI elements. Sound Bites "Patience is key in trading success." "Order flow is a double-edged sword." "Trading is about adapting to change." Chapters 00:00.  Introduction to Futures Trading Evolution 03:22.   The Role of Community in Trading Success 03:46.   The Future of Trading: Human vs. AI 52:18.   Conclusion: Embracing Change in Trading Checkout the ELITE All Access Subscription (Courses + Rooms) Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Leave me a message or your question on Speakpipe here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here

This conversation explores the evolving relationship between AI and trading, discussing the potential for AI to outsmart human traders, the implications for job markets, and investment strategies in the AI sector. The speakers delve into the psychological aspects of trading, the future of market efficiency, and the philosophical questions surrounding AI's development and its impact on human roles in finance. Takeaways AI's development raises questions about its desires and goals. The potential for AI to eliminate jobs is concerning. Investing in AI presents significant opportunities for traders. Market efficiency is increasing due to AI advancements. AI's ability to process data could surpass human capabilities. The psychological understanding of AI could change trading dynamics. The singularity may lead to AI surpassing human intelligence. Trading is becoming more technical and less artistic. AI's rapid learning could disrupt traditional trading methods. The future of trading may involve a blend of AI and human intuition. Sound Bites "AI is the future of trading." "The singularity is near." "Trading has lost its art." Chapters 07:19AI's Role in Trading: Opportunities and Challenges 12:54The Future of AI in Trading 19:14The Psychological Implications of AI in Trading 24:38The Evolution of Trading: From Art to Science 30:25The Ethical Considerations of AI in Finance   Checkout the ELITE All Access Subscription (Courses + Rooms) Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Leave me a message or your question on Speakpipe here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here

The discussion dives into the critical balance between trading psychology and strategies. It highlights how a trader's upbringing influences their mindset and approach to risk management. Key traits like discipline and patience are emphasized as essential for success. The hosts advocate for the importance of community support and learning from failures. They explore the need for self-awareness, particularly as traders develop and refine their strategies, underscoring that both psychology and strategy are vital, albeit in different measures.

In this engaging podcast episode, George and Vicky explore the unique lifestyle of a traveling trader. They discuss the realities and challenges of trading while on the move, share memorable experiences from their travels, and emphasize the importance of discipline and routine in maintaining trading success. The conversation also delves into the technology and setups that facilitate trading from various locations, as well as the significance of physical activity in enhancing focus and performance. Overall, the episode provides valuable insights for anyone considering a nomadic lifestyle while pursuing trading. takeaways Traveling and trading can be fun but requires discipline. Setting realistic expectations is crucial for success. Creating a comfortable trading environment is essential. Physical activity enhances focus and performance in trading. Daily routines help maintain discipline while traveling. Technology plays a vital role in successful trading on the road. Memorable experiences can enrich the traveling trader's journey. Networking with other traders can provide valuable insights. Maintaining a structured approach is key to trading success. Traveling can offer unique perspectives on the markets. Chapters 00:00Introduction to the Traveling Trader 03:05The Reality of Traveling and Trading 05:45Crazy Travel Stories 11:47Trading Perspectives from Different Locations 17:51Setting Up for Success While Traveling 22:06Exploring Starlink and Connectivity Options 27:04Setting Up for Success: The Ideal Workspace 30:52Daily Routines: Balancing Trading and Travel 34:32The Importance of Physical Activity for Trading Discipline 41:03Discipline in Trading and Traveling: A Personal Journey 42:54New Chapter   Checkout the ELITE All Access Subscription (Courses + Rooms) Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Leave me a message or your question on Speakpipe here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here

  In this episode, Victorio and Fady discuss the evolving landscape of trading, focusing on how new traders can navigate the market more effectively today compared to the past. They explore the importance of systematic approaches, the psychological aspects of trading, and the significance of timing and market conditions. The conversation also highlights the advantages for new traders, the wealth of information available, and the necessity of finding a niche. They emphasize the importance of building a solid trading system, maintaining discipline, and the value of self-reflection for continuous improvement. In this conversation, Victorio discusses the intricacies of trading, emphasizing the importance of aligning trade execution with a well-defined system. He highlights the necessity of routine, self-awareness, and reflection in trading practices. The dialogue explores how traders can accept mistakes, manage biases, and focus on the process rather than immediate profits. Journaling and reflection are presented as crucial tools for improvement, with an emphasis on learning from past trades to enhance future performance. The conversation concludes with insights on discipline and the psychological aspects of trading, particularly for newer traders. Takeaways & Topics: The trading landscape has changed significantly for new traders. A systematic approach is crucial for consistent profitability. Psychology plays a vital role in trading success. Timing and market conditions greatly affect trading outcomes. New traders have access to more resources than ever before. Finding a niche can enhance trading effectiveness. Self-reflection and journaling are essential for growth. Discipline in following a trading plan is critical. Understanding market structure and order flow is key to success. Continuous learning and adaptation are necessary in trading. You lose not because of your system, but because of yourself. Routine is essential in trading for consistency. Self-awareness helps in refining your trading execution. Accepting mistakes is crucial for growth as a trader. Every trade should be treated as an individual decision. The real work of trading happens outside of executing trades. Reflection on mistakes can significantly improve trading performance. Discipline is key to maintaining a successful trading practice. Understanding your biases can help in making better trading decisions. Focusing on the process rather than profits leads to long-term success. Sound Bites "It's not about what I need to do." "Filtering out a lot of the stuff helped me a lot." "You can have a great strategy but not execute it." "Letting a loss be a loss is crucial." "The pressure to perform can lead to losses." "You need as much screen time as you want." "Finding a niche is crucial for success." "Self-reflection should be a huge priority." "Trading is all about routine." "Constantly checking on your plan is where it's at." "Every trade should be treated individually." "The real work is done outside of trading." "Reflection on your mistakes is where it's at." Chapters 00:00.  The Evolving Landscape of Trading 03:03.   Systematic Approaches to Trading Success 06:11     Mindset and Psychology in Trading 08:59.   Navigating Market Conditions and Timing 12:01.    Advantages for New Traders Today 14:51.    The Importance of Information and Education 18:01.    Finding Your Trading Niche 21:06.    Building a Trading System and Discipline 23:59.    Self-Reflection and Continuous Improvement 31:36.    Understanding Trade Execution and System Alignment 34:07.    The Importance of Routine in Trading 36:11.     Self-Awareness and Trade Reflection 40:07.    Accepting Mistakes and Moving Forward 42:06.    The Role of Bias in Trading Decisions 47:00.    Focusing on Process Over Profit 51:13.    The Real Work of Trading: Journaling and Reflection 56:13.    Discipline and Learning from Mistakes   Checkout the ELITE All Access Subscription (Courses + Rooms) Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Leave me a message or your question on Speakpipe here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here

Mike Schwartz, a seasoned trader from TradePro Academy, shares his journey through the complexities of order flow and auction market theory. He emphasizes the significance of developing a personalized trading style and mastering one skill at a time for consistency. The conversation highlights the challenges of trading on high volatility days like Fed Days and offers insights on effective risk management strategies. Mike underscores how journaling can improve trading performance and advises new traders to embrace trial and error in their development.