would u suggest that reading this book (also read Markets in Profile) is enough for the "reading" training on MP?
I am looking for accesible priced courses or trade rooms (or any other resources) where I can REALLY learn and UNDERSTAND how to use MP on a practical way for short term trading and identifying strong and reliable S&R levels.
I do use it know upto my limited knowledge (using VPOCs, HVNs, LVNs, VAs, etc), really like it as anything let me understand market structure as it develop.....but I would love to take it to the next level.
would u have any advice on this? I follow F71 as I believe he really knows what he talks about.
I think the best thing is to form a study group where people discuss the action every day. I am especially interested in understanding the opening auction and then using that to help guide the day. There is noting which can beat real time in the seat analysis.
I think all these tools are just that; tools in your tool-box. Your trading style has to then incorporate all that information in something which works for you.
For intra-day trading LVNs, HVNs etc covers most of the stuff. You can see the market behave differently in these zones. You can complement that with CHVNs CLVNs etc.
FT71 has great resources and webinars; I think BigMike also has an archived webinar on market-profile.
The following user says Thank You to aviat72 for this post:
There are two in the Webinars section, with a third scheduled for late August when fiki returns from his honeymoon and gets sorted and regains his strength
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. 6) Help using the forum? Watch this video to learn general tips on using the site.
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I participated on both....and few other also....most of them taught me what I mention....most of the theory and concepts....what I am looking for (hopefully the subject of the third webinar) is how to bring this to life (or better to daytrading).
I am looking for a quality trade room with a SUPERIOR or PROVEN (by someone that experienced it) MP trader commenting WHAT he sees and WHY............I think is a good way to improve from where I am....not interested in signals to trade, but moreover on live market reading and understanding....