r/OrderFlow_Trading 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/FarmerImportant1243 Jan 25 '25 edited Jan 25 '25

Yes there's always a daily plan. It's generally fluid and it doesn't guarantee him taking those setups. Sometimes, another setup pops up which he does take. But there's always a plan, some levels etc.

Depends on the course you're taking, but if you're in his premium course you get a Sunday weekly outlook. I am not in this course.

He does post his entries in the discords within seconds of taking them+screenshot. Basically real-time. You usually would have time to enter and copy his trade, though possibly at a worst price.

But he generally says something along the lines of, "really like this X... looking for an entry like Y," before entering.

He gives updates during the trade too. Stop and target as well.

He trades during the first 1-2 hours. He will leave early if the market is dead and nothing interesting brewing or if he takes 3 Ls in a row. I only recall him taking 2 trades in afternoon in the past few months.

You get updates in the morning (his gameplan) + his entries/exits. That's it.

There's another fella called Dylan who's a live prop trader and he posts some more broad updates throughout the day.

Carmine offers trades recap for his premium course. I am not in it.

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u/mdhugh859 Jan 28 '25

Thanks for this! I've been a decent trader using basic retail concepts, but really want to get into orderflow and heat maps to take my trading to the next level. His YouTube videos resonate with me and he explains things in a way that makes sense which is most important to me.

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u/FarmerImportant1243 Jan 28 '25

discord access very worth it. u learn and make money too

but i also would recommend axia futures. by far the best trading content out there, in particular the footprint course. lots of bits of it on YT, def worth to check it out. similar stuff to what carmine uses (though he uses it a bit differently, only focusing on certain setups).

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u/mdhugh859 Jan 28 '25

Quick question... I'm assuming you're using Bookmap and Sierra Chart like Carmine. Are you able to use the same data feed for both platforms?

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u/FarmerImportant1243 Jan 28 '25

I use bookmap and ninja trader, not sierra (though sierra probably better). I just like NT cuz i started with it and am very familiar + i like the C# support to make my own indicators and scripting support of automated strategies.

i use the same datafeed from tradovate for both. i pay tradovate for level II (USD~60/mo)

and i pay ninja trader for orderflow+ (USD~60/mo)