Starting with Market Profile and New here - Traders Hideout | futures.io
futures io futures trading


Starting with Market Profile and New here
Started: by Maizietrader Views / Replies:2,395 / 41
Last Reply: Attachments:6

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Reply
 6  
 
Thread Tools Search this Thread
 

Starting with Market Profile and New here

  #1 (permalink)
Elite Member
New York, NY/USA
 
Futures Experience: Beginner
Platform: TradeStation
Favorite Futures: ES
 
Maizietrader's Avatar
 
Posts: 4 since Sep 2016
Thanks: 4 given, 2 received

Starting with Market Profile and New here

Hello Everyone,

I am new and really excited to have found this. I spent most of the night browsing around, what a great place.

I am starting my journey here, my first item is to learn market profile. I have been looking around but maybe I missed, is there a thread for newbie like me to start following. I have TS and TOS but now I was looking at RT and Linnsoft to really dedicate sometime to learn. any advice on where to start will be appreciated.

If also you can recommend one book to read about market profile then this would be great. I just learn better reading a book first to have a context

Thank you all and looking forward to being a member in this amazing forum

Reply With Quote
The following user says Thank You to Maizietrader for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Membership Revoked
Duluth MN
 
Futures Experience: Intermediate
Platform: NinjaTrader/Sierra Chart
Broker/Data: AMP
Favorite Futures: ES
 
rocksolid68's Avatar
 
Posts: 1,019 since Jan 2015
Thanks: 1,315 given, 2,648 received



Maizietrader View Post
Hello Everyone,

I am new and really excited to have found this. I spent most of the night browsing around, what a great place.

I am starting my journey here, my first item is to learn market profile. I have been looking around but maybe I missed, is there a thread for newbie like me to start following. I have TS and TOS but now I was looking at RT and Linnsoft to really dedicate sometime to learn. any advice on where to start will be appreciated.

If also you can recommend one book to read about market profile then this would be great. I just learn better reading a book first to have a context

Thank you all and looking forward to being a member in this amazing forum

This forum is the best! You will never come across another one this good.

You already have the Elite membership which is AMAZING.

It would take a lifetime to get through all the information available there. So much of it is good.

I would suggest starting a journal the moment you decided to start trading, even if it is in SIM. This way other members can help you on issues specific to you!

As far as Market Profile goes, make sure you understand the difference of Volume and Market profiles. They plot similar, but display two different data sets.

Volume profile is tracking volume by price. Market profile is tracking time by price, otherwise known as Time Price Opportunity (TPO).

Good luck on your journey!

PS: Check out "DT's Premarket Prep" for a seasoned trader's thoughts on profiles!

Reply With Quote
The following user says Thank You to rocksolid68 for this post:
 
  #4 (permalink)
Market Wizard
Sarasota FL
 
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Favorite Futures: ES, CL
 
Posts: 3,601 since Jan 2013
Thanks: 26,231 given, 10,956 received
Forum Reputation: Legendary


Maizietrader View Post
Hello Everyone,

I am new and really excited to have found this. I spent most of the night browsing around, what a great place.

I am starting my journey here, my first item is to learn market profile. I have been looking around but maybe I missed, is there a thread for newbie like me to start following. I have TS and TOS but now I was looking at RT and Linnsoft to really dedicate sometime to learn. any advice on where to start will be appreciated.

If also you can recommend one book to read about market profile then this would be great. I just learn better reading a book first to have a context

Thank you all and looking forward to being a member in this amazing forum

Books:

Mind Over Markets
or
Markets in Profile, both by Jim Dalton

Check Google or Amazon

Bob.

Reply With Quote
The following user says Thank You to bobwest for this post:
 
  #5 (permalink)
Elite Member
New York, NY/USA
 
Futures Experience: Beginner
Platform: TradeStation
Favorite Futures: ES
 
Maizietrader's Avatar
 
Posts: 4 since Sep 2016
Thanks: 4 given, 2 received

Thank you

Futures Edge on FIO
Already started reading Mind over Markets. will finish this weekend and reread next week.

Reply With Quote
 
  #6 (permalink)
Elite Member
Wiltshire, United Kingdom
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Working on a TST combine
Favorite Futures: 6E
 
matthew28's Avatar
 
Posts: 244 since Sep 2013
Thanks: 177 given, 281 received

Agree with Bob. The two Dalton books.
The second one, Markets in Profile' is more practical; the first drier and more theoretical.
Watch some of his recorded webinars too:
Recorded Webinars Archives - J Dalton Trading

Reply With Quote
The following 5 users say Thank You to matthew28 for this post:
 
  #7 (permalink)
Elite Member
Wartrace,TN usa
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: 6E
 
Posts: 70 since Nov 2013
Thanks: 43 given, 41 received


bobwest View Post
Books:

Mind Over Markets
or
Markets in Profile, both by Jim Dalton

Check Google or Amazon

Bob.

Not saying you "should" do this but if you type the name of the book followed by "pdf" often times you can find them for free. If you like what you read you can buy the hard copy. I personally own a copy of all Dalton books.

BTW- I think volume profile is a better approach than market profile.

Reply With Quote
 
  #8 (permalink)
Elite Member
New York, NY/USA
 
Futures Experience: Beginner
Platform: TradeStation
Favorite Futures: ES
 
Maizietrader's Avatar
 
Posts: 4 since Sep 2016
Thanks: 4 given, 2 received

Thank you


Wartrace View Post
Not saying you "should" do this but if you type the name of the book followed by "pdf" often times you can find them for free. If you like what you read you can buy the hard copy. I personally own a copy of all Dalton books.

BTW- I think volume profile is a better approach than market profile.

Thank you, I am reading the book now, does he also integrate volume profile in this book or another or this something that I will have to look at somewhere else

Reply With Quote
 
  #9 (permalink)
Elite Member
New York, NY/USA
 
Futures Experience: Beginner
Platform: TradeStation
Favorite Futures: ES
 
Maizietrader's Avatar
 
Posts: 4 since Sep 2016
Thanks: 4 given, 2 received


rocksolid68 View Post
This forum is the best! You will never come across another one this good.

You already have the Elite membership which is AMAZING.

It would take a lifetime to get through all the information available there. So much of it is good.

I would suggest starting a journal the moment you decided to start trading, even if it is in SIM. This way other members can help you on issues specific to you!

As far as Market Profile goes, make sure you understand the difference of Volume and Market profiles. They plot similar, but display two different data sets.

Volume profile is tracking volume by price. Market profile is tracking time by price, otherwise known as Time Price Opportunity (TPO).

Good luck on your journey!

PS: Check out "DT's Premarket Prep" for a seasoned trader's thoughts on profiles!

Thanks for pointing out DT

Reply With Quote
The following user says Thank You to Maizietrader for this post:
 
  #10 (permalink)
Elite Member
Wartrace,TN usa
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: 6E
 
Posts: 70 since Nov 2013
Thanks: 43 given, 41 received



Maizietrader View Post
Thank you, I am reading the book now, does he also integrate volume profile in this book or another or this something that I will have to look at somewhere else

No; the books concentrate on market profile (time at price). Volume profile is very similar to market profile but looks at volume at price.

Reply With Quote
The following user says Thank You to Wartrace for this post:

Reply



futures io > > > Starting with Market Profile and New here

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Mastering Trading Pysychology w/Brett Steenbarger & Trading Technologies

Elite only

Spring Grains Outlook w/Sean Lusk @ Walsh Trading

Elite only

FIO Video Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

April

Process above all else w/Anthony Crudele @ Futures Radio Show

Elite only

Machine Learning - Quantitative Trading w/Martin Froehler @ Quantiacs

Elite only

Ask Me Anything w/Patrick Rooney @ Trading Technologies

Apr 18

Ask Me Anything w/FuturesTrader71

Apr 19

Machine Learning w/Kris Longmore

Elite only

Market Analysis w/Dave Forss

Apr 25

Introducing iSystems with Stage 5 Trading

Apr 27
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Steidlmayer Market Profile then who created Volume Profile? TradeAction Traders Hideout 7 August 13th, 2016 09:20 PM
Volume Profile/Market Profile Snapshot Indicator djkiwi The Elite Circle 63 March 4th, 2015 12:25 AM
Do you use Market Profile or Volume Profile? Big Mike Traders Hideout 25 December 8th, 2012 01:05 AM
Is the Apartment-Rental Market Starting to Overheat? Quick Summary News and Current Events 0 July 5th, 2012 03:20 PM
Bear Market Starting, Stocks Vulnerable: Marc Faber Quick Summary News and Current Events 0 August 2nd, 2011 06:30 AM


All times are GMT -4. The time now is 06:44 AM.

no new posts
Page generated 2017-03-23 in 0.13 seconds with 20 queries on phoenix via your IP 54.166.82.161