Complete transcript
0:00 One session. One clear question.
Open the free Replay. It uses a recorded fifteen-minute NQ session from September twenty-fifth, twenty twenty-six, starting at ten a.m. New York time. Begin with one question: how does price respond when trades reach the ask?
0:15 Pause before you interpret.
Use Play and Pause to control observation. Keep the playback speed constant when comparing activity. Restart returns you to the beginning. The diagram highlights the controls on the current desktop demo; mobile places them differently.
0:30 Read the three views together.
Read displayed depth in the DOM, executed transactions in Time and Sales, and price context in the chart. In your first five minutes, just observe. You do not need to place any orders to complete the exercise.
0:44 Max Loss is a simulation control.
Open Max Loss and Drawdown. In this demo, Max Loss closes simulated positions when their combined unrealized loss reaches the selected limit. One hundred and fifty dollars is only an example, not a recommended amount.
0:58 Two limits, different measures.
Do not confuse that setting with static drawdown, which uses total session profit and loss, or trailing drawdown, which follows the peak. A simulation threshold is not a promise of a maximum loss in live markets.
1:12 Write before seeing the outcome.
For the next five minutes, note the time, what you observed and your decision before the next move. You can choose not to trade. Spend the last five minutes reviewing whether the evidence supported your decision.
1:25 Judge the process first.
A profitable replay does not prove an edge or predict live results. Start by checking whether you followed your observation rules. Open the demo and download the journal below. The course is the next step if you want a structured learning path.
YOUR TURN
Turn the lesson into an observation.
Spend five minutes observing without orders, five minutes recording decisions before the outcome, and five minutes reviewing your notes. Use the downloadable journal in the companion guide.
References and method
This lesson is published by The Winning Curve. Illustrated examples are separate from the session offered in the demo. The reference below documents the topic or the recording provenance.
A correction or a question? thewinningcurve@gmail.com
Continue with a structured course.
The order flow course includes Replay for practice. DOM Live remains a separate beta by request.
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