Sierraonshop Trading – Depth of Market Course

Learn to execute quick and profitable trades with a high probability of success in this scalping trading course.

The order book, your new trading tool

Is it surprising to learn that 80% of traders suffer losses within their first year, as revealed by trading platform data? The majority of traders we encounter online use price-based tools. However, these tools are often inadequate for those seeking scalping strategies as they cannot predict future price movements based solely on historical data.

The key to successful trades lies in the use of liquidity and volume, and that’s where the Order Book comes in. This revolutionary tool, like a magnifying glass, gives you a clear, real-time view of what’s happening inside a Japanese candlestick, which is essential for an order book trading approach.

What You’ll Learn In Depth of Market Course

1. Introduction to the order book

• You will learn to read the Order Book and all its elements (VWAP, volume profile, inside print…).
• You will understand why it is crucial to stay on a centralized market and why the American markets are the best in the world.
• You will have a clear method with a checklist to structure your trading.
• You will know how to choose the best trades with the highest probability of success.
• You will feel comfortable to trade in any market condition—whether using order flow trading or a depth of market approach.

2. Mastering all its elements

• You will understand the difference between limit orders and market orders.
• You will learn to interpret different elements of the DOM and liquidity (spoofing, market manipulation, absorption…).
• You will know when to place an order.
• You will learn where to place the take profit.

3. Learning risk management and psychology

• You will learn the best techniques for risk management and money management.
• You will receive general advice to succeed in trading.
• You will see examples of trades with their explanations.

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