I payd money to bloom to learn tape reading. Despite all the time and money I spent on it I didn't get any result. IMHO, the aim of this thread was to make money selling it to the others. Now I regret paying for it.
It's not possible to make any profit with tape and DOM. I know some guys who make good profit trading with volume clusters and they don't pay any attention to T&S.
He showed us a few of his best trades and all the guys believed that he's a really good trader. Without broker's statistics of the guru I don't buy any courses. A few profitable trades don't show whether the systems works.

canunit 

I payd money to bloom to learn tape reading. Despite all the time and money I spent on it I didn't get any result. IMHO, the aim of this thread was to make money selling it to the others. Now I regret paying for it. It's not possible to make any profit with tape and DOM. I know some guys who make good profit trading with volume clusters and they don't pay any attention to T&S. He showed us a few of his best trades and all the guys believed that he's a really good trader. Without broker's statistics of the guru I don't buy any courses. A few profitable trades don't show whether the systems works.

I follow a guy who uses the tape, the DOM, and volume profile to make his living (twitter). He uses market profile with it, and spends 60+ hours a week looking at charts, or doing anything trading-related because it's his career.

It's totally possible. Why isn't it working for you?

By the way, I think of the tape as supplementary to execution, and the DOM for possibly knowing where size is. Add up all of these tools (VP, MP, VWAP, stats) and you're that much closer to an edge.. I couldn't imagine using the tape exclusively though.

@Zachary Standley,


Who do you follow on Twitter?

Zachary Standley 

I follow a guy who uses the tape, the DOM, and volume profile to make his living (twitter). He uses market profile with it, and spends 60+ hours a week looking at charts, or doing anything trading-related because it's his career. It's totally possible. Why isn't it working for you? By the way, I think of the tape as supplementary to execution, and the DOM for possibly knowing where size is. Add up all of these tools (VP, MP, VWAP, stats) and you're that much closer to an edge.. I couldn't imagine using the tape exclusively though.

canunit 

I payd money to bloom to learn tape reading. Despite all the time and money I spent on it I didn't get any result. IMHO, the aim of this thread was to make money selling it to the others. Now I regret paying for it. It's not possible to make any profit with tape and DOM. I know some guys who make good profit trading with volume clusters and they don't pay any attention to T&S. He showed us a few of his best trades and all the guys believed that he's a really good trader. Without broker's statistics of the guru I don't buy any courses. A few profitable trades don't show whether the systems works.

Hi Canunit, how long have you been used the T&S ? I think you are looking for very fast result.
I do myself have not the result that i want yet, but still believe that wathcing t&s + dom is a good part of the puzzle.
Instead of blaming him you should talk with him and discuss your weakness.
I followed this thread a bit, maybe i am wrong but it looked like bloom was here to share, and he did, he also said one at the beggining of this thread that he is been using the t&s for one year and a help.
Just my thought maybe i am wrong but hard work is really needed in this profession.
Take care

hi
I `ve said once that you must understand what is happening and the tape `ll work.
And must know what you are lookin for in it.

bzakari 

Hi Canunit, how long have you been used the T&S ? I think you are looking for very fast result. I do myself have not the result that i want yet, but still believe that wathcing t&s + dom is a good part of the puzzle. Instead of blaming him you should talk with him and discuss your weakness. I followed this thread a bit, maybe i am wrong but it looked like bloom was here to share, and he did, he also said one at the beggining of this thread that he is been using the t&s for one year and a help. Just my thought maybe i am wrong but hard work is really needed in this profession. Take care

Cause he made a fool of me telling me to go long on the high of the range and go short on the low of the range. What a fool i was then. Now at last I got what I need without his "course". My money was spent on reading all the shit he wrote to me
But lets ask another his students to show their results. He started this thread with the only one mission - to make money teaching (I'd rather say fooling the others)

T & S can only tell you if there is a temporary order flow imbalance. most of the time your looking for the order book to flip at a key reverence point . it is not just the imbalance of orders that matter , its the speed of execution of the orders be for the book flips and after it flips . the speed of the orders needs to be slowing down going into the reference point then boom , the orders start hitting the bid or ask like pop corn popping .

JUST A HEADS UP FOR ANYONE TAKING TRADING ADVISE OR PAYING "BLOOM" TO TRAIN THEM . HE HAS NEVER MADE A CENT TRADING NOR DOES HE KNOW HOW TO TRADE SO PLEASE DONT GET SCAMMED !!!

itradees 

JUST A HEADS UP FOR ANYONE TAKING TRADING ADVISE OR PAYING "BLOOM" TO TRAIN THEM . HE HAS NEVER MADE A CENT TRADING NOR DOES HE KNOW HOW TO TRADE SO PLEASE DONT GET SCAMMED !!!

Please stop typing in all caps. It is regarded as rude, and it doesn't make your point any better.

Thanks.

Bob.