There are two sample video clips on this page. The first one is from the webinar I conducted in October of 2011. The second one is from 2008 and I recorded it before I began running webinars. I have them both up for a reason. I've come across several forum posts from individuals who seem to think that my book and video are good but outdated. The posts usually read something like this, "There is some really good information in the book about psychology and there are also some good strategies which may help you determine when to stay out of a bad market, how to trade around economic number releases, etc. But everyone knows that reading the orderflow doesn't work anymore because of the algorithms and high frequency trading."

This is such nonsense. All I've heard about for the last several years is "computer this" and "computer that". Do computers have an effect? Of course they do. They are making trades. But you can still see what they are doing. You can see the orders being placed and pulled and you can see the time and sales. Have the programs caused an increase in volume and made the markets more choppy overall? Yes. They have. But that's why you stay out of the chop and try to wait for moves which may have some momentum behind them. I do freely admit that it would seem some of the very large firms such as GS (I leave it to you to put the initials to the name) are using HFT programs to reap huge profits and there may come a day when the the markets are completely overrun with computers but if you watch the markets during one busy hour on any given day, it is obvious that there are plenty of real people pulling the trigger and it's obvious that the computers are making calculations based on the same things real traders watch.

Everyone seems to forget that programs are programmed by programmers. Say that three times fast. Programmers define risk parameters. Computers do make losing trades. When one computer sells to get short and another computer sells to exit a long and both of these computers execute those trades at the same time, those trades will create a downward move. You don't need to know if a computer took out the bid or if a person took out the bid. All you need to know is that the bids are getting hit and the market is weak.

There are still many benefits to be had by watching the orderflow and if you want to be a successful day trader, I would advise you spend a lot of time staring at nothing but the depth of market display.

There are three sections in the first video.
Start - I show a winning trade and explain why I entered.
8:23 - I show a  losing trade and explain why it was a bad entry.
12:36 - I give my thoughts on what it's all about.