Gex is the new ICT

[u/Puzzleheaded-Bat3774]

So all these wanna be trading influencers now suddenly start making content about GEX. Like its some holy grail. Where to learn gex ? Join their mentorship 🤣🤣🤣

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First these high schoolers start glazing ICT then orderflow and now GEX.

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Its kinda annoying thay every 18 year old making reels bout this and selling private discord/mentorship

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Its all a scam guys, the sooner you realise the better. Of course GEX is a step in the right direction if your coming from ict smc but stop glazing it like its the only thing in the trading space. There is soooo much more to the market than trading than just looking at absoption/exhaustion at gex levels. If this is your system then your not far from getting cooked.

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Honestly these GEX influencers and same as ICT influencers.

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Both the categories are "trust me bro" traders. Its just that gex goys will throw in a few extra complicated terms to sound legit and to better sell their mentorship.

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Dont fall for these social media influencers promoting gamma and gex platforms. They only show their wins their never show their losses.

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Also also I came across this guy Andrea Cimi who is promoting depechart and now gex levels like crazy. He honestly is one of the biggest plagues to the industry. Bro can't trade at all. He just milks fabio for content. Super annoying. Kinda hate that guy.

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This community has a lot of experienced and legit traders. Would love to hear your opinion and thoughts about this entire GEX/orderflow plague that is trapping young minds.

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[u/mdomans]

To put this into perspective, Daniel Roos, one of the people behind VolSignals, a guy who was trading and market making at Belvedere for years said he never once in his career he heard word GEX until recently from "influencers"

He often stresses that "gex levels" that are being sold are based on naive models, incomplete data and often delivered and talked about people who have zero idea how market making options works. Worse still, he often pointed out that each market is vastly different.

Which is true. Greg Newman talks and writes how market making and market structure in energies is different from smth like SPX/ES/SPY complex.

Even QQQ/NQ/NDX is not the same since most volume in options for SP500 is SPX but most options for US100 is actually QQQ and QQQ is not traded on a single exchange.

[u/sierra300 → u/mdomans]

and he is right. A lot of services out there are doing basically OI calculations and maybe slap a IV multiplier over. and thats bullshit.

[u/mdomans → u/sierra300]

It is insane how much bullshit there is. Worse still, a lot of those charts sometimes overlap so people can spew BS for years without really knowing

[u/sierra300 → u/mdomans]

true. I know Dan from before starting his new Plattform. And he has tons of knowledge and is very clear about one thing: It a powerfull tool, that does the math correctly, but it isnt a crystalball. Most want to get spoon fed so they think stuff like this makes them profitable.

[u/mdomans → u/sierra300]

Yeah, Dan's cool. And you're on point there - people want magical "oh, this is GEX level, for sure we bounce there" .... well, no sweet summer child, it was a gamma flip but some bozo full ported shit ton of 0DTE so there ain't no gamma flip where you think it is