Nice...So Jigsaw copied Bookmap, who copied Nanex.
Jigsaw might aswell just add all the same features as Bookmap and then try and innovate from there.
"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
Seeing this is a vendors and product reviews thread I thought I'd chip in and add my 2 cents.
I'm nearing the end of my second week of Jigsaw tools adoption. If I were to sum up my experience in one sentence: I wish I had got this sooner.
Since late July last year I had been studying Order Flow concepts and videos. I had amassed several hours of screen-time watching the DOM (I have CQG which has a decent ladder), but I was still struggling to make sense of where the strenght of a move was.
Certainly all the time I had put in studying helped but it was only when I had these tools in front of me that I could apply what I had studied. Within the space of a couple of days, I was able to 'see' what was going on, as it were.
These tools are definitely keeping me out of otherwise bad trades. If in the past I were tempted to click the mouse, now I have a much better grasp of the developing situation and can weed out setups where entering is not a good idea.
It's early days but my entries also seem to be more precise as well, which of course is helpful because it makes me limit my downside risk.
This is an excerpt from my trading log of today: "[...] the belief was that price had a good chance to go down. It did go down about 14 ticks my way before reversing. That's when I held the trade. In the end it reached my intended risk limit following a burst of many buy orders (including one above 1000), seeing as the price had reached my risk limit I got out, thinking there may be a chance that the bulls would take control. Also the volume difference between buyers and sellers had narrowed whereas before it was leaning on the sellers side."
Three weeks ago I could not have written something like that, because I had no way to read the market this way.
It's like John said in the Bible "I was blind, but now I see"
I look forward to developing further my use and understanding of the tools and in the future incorporating the ones I have yet to explore.
Last edited by xplorer; January 29th, 2016 at 11:06 AM.
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I've been using Jigsaw for several years now. It's a great product. I recommend you use it with EminiWatch.
These tools are for experienced traders. You must learn the fundamentals first and supplement it with basics in volume and divergence. These tools are not just red light green light systems. Most beginners will blow up just following blindly. Study first, learn how the markets work, and then trade.
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