Orderbook trading course

1. Introduction to the course

Hi, Nils here. I warmly welcome you to my order book course. I am very pleased to welcome you here and look forward to improving your trading. I think you will get a lot of added value from this course. I have been in the trading business for a very long time and have been able to gain some experience, whether as a Reatil or Proptrader. When it comes to trading, I firmly believe that the order book is the most valuable tool that can be used to become profitable as quickly as possible.

How do professionals trade?

First of all, professionals use the so-called order book. For most of the people here, the order book is probably completely new territory. I will explain briefly what this is about.

The order book shows all open orders that are in the market and are waiting to be executed, the limit orders. In the picture below you can see what it looks like, don't worry if it is confusing, you will get used to it quickly.

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So how exactly does it work now?

On the left (blue column) are all passive buyers.

On the right side (red column) are all passive sellers.

In a way, it's like an auction.

And what happens at an auction?

Now the final price depends on how much buying and selling interest there is.

So if the offer is bought, the price increases. If the bids are bought (or sold), the price drops.

Und am Ende des Tages ist es das, was den Markt bewegt.

No matter whether stocks, goods or even houses. The price is only the result of the underlying supply or demand.

So what happens when someone comes into the market with a lot of money and wants to buy something very quickly?

The price is moving.

And guess where we as traders get our advantage.

If you see a stock go up, it's not because any indicators cross or the market has broken out of a triangle, sondern weil jemand mit viel Geld sich dazu entschlossen hat zu kaufen.

And that is the only thing that moves the market.

Remember, only big traders move markets!

At the end of each day, a stock rises because a large trader, investor, etc. buys.

But how does that help us as a trader?

We need actionable ways to predict what will make stocks go up.

And luckily we can. And a very large part depends on our trading platform, more precisely on the order book.

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When we use the order book, we can wait and see the areas where big buyers are lurking. As they try to carry out their orders, we jump to it.

You will see exactly how this works in the course of the course.

If you master trading with the order book and you follow your rules every week, you can easily achieve 100-200% return on your account every year.

Now don't get me wrong. It takes practice.

In reality, you will probably need a couple of weeks to properly implement order book trading.

I still remember when I started that it took me a couple of weeks to even read the order book.

However, there is no doubt that everyone can learn it, it just takes practice. Trading is not just a strategy, but a skill that can be learned.

 

Now you have a small overview of how professional traders trade

No charts, no chart patterns, no secret signals or inside information.

Just the basic understanding of supply and demand.

I hope you enjoy my course and hope you can take some things with you for your trading career.

I wish you success,

Nils

If you have any questions during the course, just write me a message.

 

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