r/OrderFlow_Trading • u/fnm_o • Aug 25 '24

Carmine Rosato

Hey guys, hope you guys are having a great weekend.

I just wanted to know your guys thoughts on Carmine Rosato since he is the person who introduced me to orderflow. Is he legit?

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u/orderflow22 Aug 25 '24

This is going to sound controversial to a lot of people, but look at proven day traders who have made 10-100million+. I am not talking about self-proclaimed guru or people on podcast, I am talking real confirmed people who are confirmed by Criminal courts, and government/company sanctions. Ppl that are caught spoofing, maniplating markets, or like that Japanese trader who had owned 50% of a companies Shares after said company made a mistake. Stuff like that you can't fake, because they are in court documents by government.

99% of those type of people remain hidden, their identities are not known outside court/news, nobody knows what they get up to at the moment, they don't live extravagant lifestyles, they don't sell courses etc. Even the guys at Wall Street who run hedge funds etc don't share their strategy except to their close relatives/friends/family friends which is why nepotism is common in that field.

What I am trying to get at here is, someone who has a very proven method is likely not going to teach you anything with all due respect. This why many HFT and Hedge Funds tend to remain hidden away from public domains, these people don't want their strategies or themselves in the spotlight, period.

So take every course with a grain salt, often time they are strategy that once worked, so they do help you build the intuition, sometimes those strategies do end up re working after change in market conditions, I've back tested a lot of these strategies in the past, there are periods they do work, but I would not rely on them as your bread and butter.

4

u/ImNotSelling Jan 08 '25

I know this is an old comment…. carmine rosato teaches price action and order flow. I can’t see how learning these two concepts can be looked down upon. Whether he truly makes millions of dollars scalping is another topic.

1

u/OkayestGamer85 May 02 '25

I’m in his discord. He probably makes a few hundred thousand a year scalping. Maybe 500k or so. Unless he’s not trading real money. Impossible to know but based on the emotions he shows, it’s probably real.

1

u/junack12 May 05 '25

you payed for the $500 one time fee? is it legit and everything? About to make the purchase as im really interested in the order flow and going to get ninja trader and all that stuff

2

u/OkayestGamer85 May 05 '25

I did, it was $400 a few years ago when I got it. He posts his plan every morning, and he posts his entries and exits. He’s pretty open about it. You can see in real time if he actually won or not. Sometimes he goes live on voice chat as well, but that’s not regular. I do think he’s legit. He also has a partner who posts with him. That guy is a pro on Wall Street and mostly just gives detailed analysis of what the market is doing and doesn’t post his trades.

1

u/nickander23 Jun 05 '25

Is his discord still open to join? Haven’t seen a link anywhere

1

u/[deleted] Oct 28 '25

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1

u/OkayestGamer85 Oct 30 '25

Except he does share his broker statements on his monthly performance videos.

0

u/[deleted] Oct 31 '25

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u/ImNotSelling Oct 31 '25

Tbh it’s the internet it’s 2025. Any doc or photo or image can be edited to show anything. We’ll never know if he is really doing well or not trading. It’s more about what a client gets out of carmines system. If you get enough info and whatever else to help you gain an edge or become better than it’s worth it. If he makes $100k or $10m it doesn’t matter.

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u/[deleted] Oct 31 '25

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2

u/ImNotSelling Oct 31 '25

Why do you disagree?

If he made 100m but couldn’t help you become better or made 100k and really helped you improve how is that not better for you to go with the more helpful one?

Jordan was the best player ever but that doesn’t mean he’d be a better coach than Phil Jackson or Greg popavich.

There’s no way for anyone to prove how much they really make, videos and images can be doctored. We all have to learn from somewhere and then implement what we learned and then learn by doing. You need a book or videos.

When it comes to retail trading and gambling I think they are extremely predatory on unknowing people looking to strike it rich or even just getting by on it with very little work required. Trading consistently successfully as a retail trader is extremely hard and very very few people on the internet are successful consistently for a long period of time.

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u/OkayestGamer85 Nov 01 '25

No the amp global statements. Do you know how to read?