Using Order Flow and Charts to Spot Money-Making Trades

Matt is a true daytrader that holds his positions for about 5-10 minutes. As he will tell you, he knows within the first few seconds of a trade whether it will make money or not. In this interview, Matt describes exactly how he trades and how he combines price action, order flow and charts to spot great opportunities. Matt explains how he decides which stocks he will be trading for the day and why he favors those that have specific characteristics. Using a recent trade as an example he takes us through each step of his decision-making process and shows us how he spotted the trade, entered it, and exited for a profit. He describes what he is looking for on NASDAQ Level 2 or the depth of market (DOM) screen and the clues he sees that tell him the market is ready to offer him a money-making trade.

37 minutes in length, this insightful interview will be delivered as an MP3 file.