The S&P Accelerated-Learning Intensive brings Jim Dalton’s teaching to life through real-time education. You’ll experience Jim’s ongoing commentary during live trading—a rare glimpse into the process of interpreting the myriad market nuances that influence trading decisions, including benchmarks, trade targets, and the continuous re-evaluation of odds as the market unfolds.
**Upon enrollment, and continuing through the month of August, traders will receive two daily reports, the S&P Pre-Opening Report, and the S&P Market Recap & Preparation Report.
If anyone participates in the course, highly appreciated feedbacks about it.
Is it worth doing? All questions are qualified answered by Jim? Does Jim present his trades during the webs (not options trading)?
Good luck in trading!
Can you help answer these questions from other members on futures io?
It seems the forum practically has no experience in trading based on volume profiles and TPOs. I double wondered that just a few guys are familiar to Mr. Dalton proceedings..
Hi! Thanks for your message.
Perhaps the question is really for Elite circle. But its really pity that practically no one is interested in THE course from Dalton…
Thanks for your feed back. I agree with you regarding own experience… But let me don’t agree you’re your point of view. If a trader spend his life for market observations and provide some his skills… why should one spend his life to find by himself how to construct a bike?
If you want to learn about profile, there are a dozen or so webinars on futures.io (formerly BMT) as of today with 25 hours of content or so explicitly showing everything from beginner profile to advanced profile techniques, including volume profile and market profile.
While it's true you need to be an Elite Member to get to that, I would say if you are willing to spend money on a course, then spending money to get access to hundreds of thousands of posts and a community of nearly 50,000 fellow traders, plus 150 webinars with 250-300 hours of content (as of today) might also be a worthwhile purchase. But you can do the math and decide whether or not that is the case.
My point is simply that all the material you could ever want about profile is already here on this site.
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BTW let me add, since Jim is likely to read this --- a) please come do a futures.io (formerly BMT) webinar. I invited you on last year for our 4 year anniversary, hopefully you can make it to our five year. b) I am not saying Dalton's material is not worth the money, just pointing out that you are already on a trading site that has tons of info, why not start here?
i have not take this one but have taken two others.... expect general information. he teaches no trade set ups using market profile. he never has . you will most likely have more understanding of the general use of the market profile graph. based on his other works he has just repackaged field of vision and added 60-Day S&P Accelerated-Learning Intensive” knowing newbes like to trade the e.s. and it should sell good.
Monday's MP levels were nice areas for potential trade setups. It doesn't mean that the first entry is going to achieve 80% - if you look at the last chart above, you can see that it took several tries before that was done.
That …
Also note, we have a SKYPE room which focuses on MP and reading the DOM exclusively. If anyone is interested, PM me. Please read what our group IS and IS NOT in the linked thread. Thanks.
he is the only trader sell stuff that.... i think.....really trades... most trading courses is a wate of time for the most part.... i have been able to use his stuff to improve... i have taken this one and field of vision..... his stuff is not easy.... or quickly learened.... but it seems to work over the long run
I heard that this will be Jim Dalton's last intensive...
I was wondering if anyone has taken one recently? As someone new to market profile, I would like to learn from the man who wrote the book. I have started on FT71's webinars and was wondering what lvl of depth this went into.
I am a relatively new to MP. I have reviewed many of the articles and webinars available both here and on the web, including FT71's and JD's. I purchased the Fields of Vision series. In the process of watching it a second time. In addition, I did enroll in his last intensive course starting in April. Dalton's level of insight into the market auction process is unparalleled and can not be overstated. He is a very patient teacher. He does not recommend trade set-ups per se but rather encourages developing an true understanding of the two-way auction process, importance of value over price, significance of time-frames, excess and price acceptance/rejection. I was granted access to last week of the most recent intensive which ended the last week February. i have been quite pleased. Live trading webinars/commentary, pre-market and post-market write-ups, and other special topic webinars are included in the intensive.
I will leave it to others to decide whether value is being delivered but I'm pleased and looking forward to starting the 5 week intensive. Peace
I am contemplating taking the Dalton course because I am a complete newb and feel the need for some hand-holding. If I want to start learning here before I shell out for a course, where is the absolute best place to begin, from a position of zero knowledge? I have stock trading knowledge, but practically no futures knowledge. I have the Elite membership, but this site can be overwhelming to an old lady trader such as myself. I'm also interested in trading psychology since stops are my nemesis.
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Jim Dalton's perspective on market is always interesting but to translate this to actual trading it takes a lot of work.
I think that many of Jim's concepts are quite outdated, and one should be very very cautious in how to apply it.
The real problem of Jim's perspective is that he regrets anything else that is not market profile, and since he is old people tend to think that he own the truth and that one should trade like Jim.
I think that nowadays you cannot use "only" jim's approach. Technology has changed and markets have changed with it.
Jim has his own style which works because he has done so many hours of screen that he can recognize the rythm of the market but this is not suitable for beginners.
I still believe there is value in Jim's work but take for what it is, and develop your own style.
I took one intensive with Jim years ago, but basically you can find everything for free on youtube. Before taking the intensive I had seen and studied all of Jim's youtube videos. My level of knowledge of market profile and of Jim's work was so deep that I found no value in the intensive, I basically had already learnt everything from youtube.
With this mastery of Market profile I went live.... and in just 3 months blew up a 50K account.
Now I have my own style, it takes years. :-(
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I'd be interested in looking into more of what Dalton has released one day, but am I correct in thinking he mostly uses futures options when he does place a trade? I remember seeing a few videos on Youtube where that was mentioned. I wonder if that would affect the style.
Yes, he does not trade futures but options on the etf (not options on futures). He does not use any "advanced" options strategy like straddles, iron condors etc....he basically only buys calls or puts. To be more specific since he only trades the ES, he buys calls or puts on the SPY.
He never shows trades in real time, he only says "yesterday when I saw the market breaking I immediately realized it was not serious money selling, and I bought some calls..... "
the next day there is a rally, and when the rally is over he says: "early this morning I realized that the rally was nothing more of short covering, and not serious money buying and I sold my calls".
You can chose to believe him or not, but since he is old you will probably assume that he is not a scammer. I don't believe it either, but considering he is making some hundreds thousands dollars in each intensive it would be more honest to show his brokers statements.
Thanks for clarifying on which options he trades. Would be good to hear if he gets deeper into the reasonings as to why he thinks a situation is only short covering rather than 'serious money buying' for example. I enjoyed the CBOT book on market profile and heard Dalton is one of the market profile as a standalone tool's proponents so it would be interested to hear the details of the explanations.
yes I think he explains this in his courses quite well, but the problem is that 99% of the time he will say "this is not serious money buying" and "this is not serious money selling", which seems as the perfect excuse for either not taking a trade or for justifying (a posteriori) any retracement.
At the beginning you will like it, then you will start to ask yourself "so what?".
Jim Dalton uses only the market profile, which is good for his style that is a sort of swing trading that last a couple of days or less, but I think if you trade futures only with market profile you can lose a ton of money.
Markets have changed, people use more tools.
After taking Jim's courses I came to the (false) conclusions that true trader use only the market profile....in reality many don't even use it.
I traded out of market profile only for 6+ months, I lost in total 85K USD.
It was not market's profile fault, or Jim's fault.... I was the one to blame.
I think that anyone needs to find his own style and I was trying to emulate Jim's style.
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