Daemon Goldsmith - Order Flow Trading For Fun And Profit.pdf (2026)

While the DOM shows resting liquidity (limit orders), the Footprint chart shows executed volume (market orders).

Most retail traders react after order flow prints. Institutions react before (via co‑location, microwaves, etc.). Daemon Goldsmith occupies the middle ground: daemon goldsmith - order flow trading for fun and profit.pdf

The goal is not to build a HFT monster, but a reliable order‑flow bot that can run on a modest VPS. While the DOM shows resting liquidity (limit orders),

To

This is the primary interface. It is not just a list of prices; it is a map of liquidity. Most retail traders react after order flow prints

Key Concept: The DOM tells you where the resting orders are. Large blocks of orders on the DOM act as "magnets" or "walls."