Steidlmayer Market Profile then who created Volume Profile? | Traders Hideout


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Steidlmayer Market Profile then who created Volume Profile?

  #9 (permalink)

Chicago
 
 
Posts: 143 since Jan 2015
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Back in the day on the floor trading in the pits traders did not have solid idea how much volume was being traded. They wrote down their own volume on paper cards and turned it in at the end of the day. Then looking back they could see how much volume was traded. Hence Market Profile. Because they DID have time and price during the day. Volume Profile is just the nature grow of market profile.

The "card"....

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I am truly a trading geek because this picture of the cards excited me, I had never seen one.

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