What an order flow trader adapted from one of the “big boys” - Ben, @BLB_Capital
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- Опубліковано 26 сер 2024
- 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.
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LINKS
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Finally, after years of trying to do what this guy did, I figured it out! This episode is the the best! I wish the guy came back for another chat.
@@johnnelson-pu2rd no, thought I had it but nope!
glad to hear u figured it out some
@@blbcapital yo Ben, where you been? You still got the Wolfpack going?
Keep it simple and practical ... Order Flow and Supply demand imbalances
Good
Technicals
1. Fundamentals; order flow - Market Structure
2. Learning Style
3. Market Profile / Volume Profile / Participants
This guy is a legend, opened up my eyes to trading on a whole new level, hopefully we hear from him again!
What happened to him on Twitter?
@@Reutzel507 I am wondering the same thing, I suspect either he went bust or he doesn't want people messaging him and would rather spend time with his family.
Down to earth guy. Direct. No BS. Focused on achieving his goals of making money and spending time with his kids.
I appreciate how this former contruction worker: sought out a worthy mentor; delegated what he didnt know to a developer; kept it simple so he could have a life while not over trading
This is like the 5th time that I listened to this podcast and I keep learning from it. Amazing.... Ben is a great chap. Pity that he close his twtr account.
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 !
Because knowledge is money. Having said that, I don`t pay for those services.
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.
I'm listing to your show until I make my future appearance! 😉love it
lul
How’s the trading?
@@Trader101 Blew up 5 accounts, LMFAO.
Hairless Male 90% fail.
Very hard game to master and keep up with.
People getting smarter and technology advancing.
But human nature never changes and I think people look over that opportunity to take advantage of.
Haven t see you here yet
Solid basic foundation trading advice!! From a former construction worker!! Works for me; Awesome interview
A well-earning trader will not spend even a few minutes discussing with a retail trader. No one who earns good money will train others. These are the facts about this business.
@@silesianix I can confidently say you’re wrong. Traders love to chat
I totally agree about those people who sells the holy grail and trade rooms etc. I stumbled into a trading room from when I started and spotted scams... unfortunately, I realized after I lost a large chunk following the moderator thinking he and his people were gods. You can make so much money when you are disciplined and understand what you are trading, accept when you are wrong and deal with it. Those guys wouldn't talk to you if they made money as they claimed -- at least not for money. I have respect to those guys who are put back to the trading community, instead of trying to charge whatever they are charging.
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.
Great interview Aaron! Thank you.
Thank you Aaron for coercing Ben into a more understandable definition. Of course, I still have no idea what he is saying.
Ya, exactly. Can't tell wtf he's talking about.
@@flippantfishtaco3132 Maybe take the time to delve into the concept's then idiot. This is not a paid education series, it's a fecking interview.
@@jknk5871 He needs to explain better. Can't take the time to research everything he's saying while listening.
18:35 - 18:46 If you know you know.
Yup 🤣🤣
HISTORICAL DATA IS BULLSHIT!!!!!!
Since i trde forex and cant have dom
I use 1min chart to see the aftermath od dom
Fantastic. One of the best so far!
@32:00 What does he mean by "You get to refresh the bids?"
These trading salesman who Ben is talking about have flooded the trading community. And the community accepts them. It’s ridiculous.
People who disliked this video has to be the suckers who actually bought a trader education program 😂
Really enjoyed your follow up questions in this one.
what does the term "refresh the bids" mean ?
wow best interview yet. great job as always Aaron
I LOVE THESE VIDEOS DO MORE OF THEM PLEASE
Anyone knows what happened to his Twitter account?
Truely spoken, pro stuff. Great canal
This guy is really genuine
Quality stuff, still true 3 years later ;-)
At 22 minutes is he talking about trading around the core once you have the right price?
It help me a lot. Thank for create this video.
I couldn’t find BLB_CApital
i couldn't find much about this guy
maybe he got sick of trading people's money and went into an early retirement
anybody got a Link to his UA-cam Channel ?
Great insightful story!
Can level 2 order books be use to trade equities profitably ?
there are lots who do so
Nice interview... dankie
Please an other Interview with this guy, I didn't found it in twitter, did he disapir ?
He was talking about Tim sykes when he said his first teacher was a scam
no he was not. but I do know who. listen to it again as he states the name secretively. and he is right as well, the guy may be a husler but he is not stupid. you can learn a lot from the guy he speaks about as a beginner.
@@61spindrifthe suffix it with "kinda thing" as he reveals the name. lol
lol no he wasn't he was talking about schooloftrade. Listen to BLB Captial's other interview he flat out calls the educator out by the company name and then you use Google to verify. I don't care for Sykes at all I think microcaps are pointless and teaching people to trade them is even more pointless but people put way too much effort into trying to burn Tim Sykes. He's opened up schools in bali and donated a ton of money, what the fuck have you done lmao
@@chunmingloo5691 exactly
Day trading academy maybe?
This guy keeps shit real. I like Ben with BLB Capitol.
anyone else notice the twitter handle for this trader was just deleted? Anyone know the reason?
why is the intervieuw with triforce trader removed?
removed off the podcast app too. strsange
rigged
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
so what options there are for guys with small accounts? those commissions will eat you alive.
for example I trade stocks now paying 0.0027 per share only, which is great.
but if I have to have this fixed price with futures like some 4$ for round trip, then its too much
interactive brokers have much lower fees..Not to mention you're not going to be executing thousands of orders a day so you don't have to worry about that lol. Thousands of orders a day are for large players/algo traders.
The big guys are their own broker, so it's a bit cheaper for them.
flip a coin up or down and pair of dice for leverage. you win or lose
Why don't equities trader use order flow everytime I hear about price ladder and order flow it's alws futures I really don't get this .... can somebody explain
Order flow in Futures is cheaper to access, and is fully transparent. In stocks it is expensive and a good percentage of transactions are in the dark pool... Which you can see... But not until the next day
Because in futures, it's actually in the moment flow of things that people need. With stocks it's too much behind the scenes backdoor Tomfoolery that causes delayed information. By the time you even catch on to what's going on, it's too late and only the big wigs up top with a crap ton of money were in the know.
He lost me when he said u need millions to trade stocks with no mention of options and also saying his freind takes thousands per day lol... u only need two three trades in futures. In the market what ever works works. I’ve seen a guy trade 8k positions on his cell phone. Don’t like when people bash and say this and that don’t work because I have seen it all.
Traded on his phone using orderflow? I would love to get to that point to trade from my phone some day.
talking about confirmation bias at 40:00
2:52
Contracts in and out, that is a little crazy. I would rather be a sniper than a machine gun. U only need two trades per day in the futures market...
Which is what retail traders do
7:01 hundreds of hours a week?
This dude not exist anymore? Twitter account is gone, blbcap website is down. Did he blow up his account, or just retire or something?
hes good
I almost fell for school of trade ...thank God I didn't...
This guys not on twitter anymore?
Does he have a new name?
blew up his acct. the strategy is not sound.
@@crimpers5543 how do you know?
Said he spent "hundreds of hours a week reviewing"
There are only 168 hours in a single week
RE: resources - At the end did he mean FUTEX?
yes
future x or ex
whats ES?
market profile,order flow,resting order flow.
ES is the code for S&P futures product
Joey Bag'o'Donuts oh right thanks for that
Aaron makes it sound like he's trying to defend trading educators. i bet he is trying to establish his own trading education chatroom to earn money.
it's just a good exit strategy... can't really resell the portfolio can he
Hahaha, 200 to 300k a year with time freedom is more than alright. Avg. Income of an American with a college degree is 40k. So Ben's friend is MORE than alright.
Aaron trying to run from the fact that he falls inline with the scammers. He’s profiting of a podcast ABOUT trading. If he was so good at trading would he be doing this? Absolutely not
he is talking about Insititue of trading.
no
did you went through their course?
no he's talking about schooloftrade. Anton Kriel's course is actually very well known and respected they don't even teach daytrading
Anton teaches global macro position trading, and long short equities swing trading, which is completely different from what Ben was talking about.
I have free anton kreil stuffs
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 wouldnt get too chatty about my full strat at his level neither :D
he made good points repeated by others, learn learn learn>apply to your current knowledge>debug off market>go live>adjust with markets
Leave the guy alone, he obviously doesn`t want to be interviewed
Being in the trade all the time, fantastic i love that kind of approach to trading.
Yups