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Market Profile Trading Academy / MissTrade's Matt Davio - Ask Me Anything (AMA)

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Site Administrator
Manta, Ecuador
Trading Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
Big Mike's Avatar
Posts: 46,937 since Jun 2009
Thanks: 29,919 given, 87,016 received


Let me kick off the questions with a few of my own.

a) Why market profile and not volume profile? Do you believe time is more important than volume, or the relationship between time & price to be more important than volume & price?

b) Would you classify yourself as a scalper, day trader or swing trader?

c) When you look at a market like the ES which has been in a strong bull market for the last several years, and has been in a very tight upward channel this calendar year, what are you looking for in terms of a "setup" to take a trade? Balance, imbalance, micro trend reversal, continuations? What kind of patterns do you look for to initiate a trade?


Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
Help using the forum? Watch this video to learn general tips on using the site.

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