Many don't have a the proper license by which to post results. It's a different regulatory environment that many legit traders just don't want the hassle of. While your assertion is true that many might not actually have the performance that they claim, each evaluation by the aspiring trader builds discernment of what is real and what is not.
Yes, I've seen this license excuse a thousand times. But if we just consider what traders share here at ET, its the same thing. There are actually so few charts with entries, and yet pages of attacks back and forth about what works and what doesn't. To me the picture is worth so much more than the words. Words can be used to discuss the chart. But if someone wants to make a point about trading, it should be done with a chart. And if someone wants to claim how awesome some indicator or trading method is, lets see those killer entries on a chart. I only bring this up as a note for the original poster looking for info on TPO. I'd say before you read a whole book on it, it would be nice to see the types of trades people take based on this method.
My assumption is always that those who teach ain't profitable traders, but that might not always be true. If you see successful business people you'll often see they have multiple income streams. Even if you're a successful trader it could still make sense to compound your income by other means such as teaching or selling services as long as it doesn't harm your own trading. I remember seeing this blog post back in the day from a teacher. I'm too lazy to read it all, so maybe you'll give it a go. I did read one of his books back in the day and out of all crap I've read I think it was one of the better ones. Not a recommendation, though. I don't endorse him or use any of his services. https://simplerjohn.medium.com/2020-a-recap-of-my-1270-18-2-million-trading-year-faa24a08c65d
If you use tpo/volume profile, adjust your settings for session times to correlate with various markets and observe how previous session, prev m,w,d, IB, highs/lows, poc's, and low volume nodes are challenged respected or violated. My prior chart pic will give you an idea. This is a competitive industry. Expecting someone to spell it out or do the work for you is illogical.
I could also add to my post above that there's levels within trading as well. Maybe you're an able trader who can grind out a modest living and may seek other sources of income to support that. Hell, maybe you even like to write or teach. After all - why are we hanging out on this forum and writing a lot of forum posts? Isn't it because we like interacting with other traders and discussing trading? Of course, if you had a fantastic system where you're literally printing money you wouldn't sell that to the public. So, we can assume that's out of the question with anyone who's trying to teach you. Doesn't mean they don't have anything of value to share, though.
Understanding current PA with reference to previous order flow/ VPA patterns is the way to understand the current market sentiment, in any intraday TF.
You were the torch bearer of Jack Hershey’s teachings for a while, but I no longer hear you reference him. Did you abandon that pursuit or what happened?
His content stimulated my curiosity, gave me a process to apply logical reasoning and formed the foundation for my view of the markets. I’m forever grateful for that man and the legacy he left behind. Since then, I’ve explored other perspectives and models to add to my knowledge base -from microstructure to macro influences to tpo’s, volume profiles and footprints. These latter views and associated tools as something developed after Jack’s time. He would state it as doing the work to increase the “spectrum of differentiation” in my mind. The price volume relationship is a paradigm I’m comfortable with and my journey has since expanded to include the price time relationship paradigm. There’s a sweet spot in my understanding like a venn diagram. As a trader, my interest is in peak performance and that includes staying abreast of the changing landscape. Crypto & NFT’s captured my interest for the last year and half so mostly trading in those domains. My journey has lead me to understanding liquidity in more ways than I had anticipated. My style of trading has also changed from primarily focused on 5m charts to higher TF’s. Minimalism and simplicity, doing more with less is my current focus. I know for certain I would not have experienced the success I have had if it weren’t for my engagement in Jack’s works. I made the most of my beginner “10k hours” so to speak as I keep synthesizing my own unique method. It hasn’t been all gravy, my current main sticking point is psychological now. Scaling has it’s pros and cons and I certainly didn’t give risk management as much front and centered focus as I could have. While I’ve enjoyed increasing leverage, there have been times where I’ve been caught on the wrong side of a fast moving market and been liquidated - my greed and fomo quickly turning into fear and anxiety. Thanks for asking, hope the above answered your question.
Yes, your comment answered some questions, but it also raised a few new ones... In short, if Jack's teachings and SCT system delivered what was suggested to the serious student, i.e.., taking home 2-3 x the daily RTH range on the e-mini S&P 500. Why ever do or study anything else? Even without compounding and trading just one single contract you'd do extremely well. The sum of the daily ranges so far this year: 12 976.50 points On one ES contract that's $648 825 gross. I'll skip the math for what 2-3 times the daily range would be on say 5 or 10 contracts, but no doubt it would be a great sum. So, the logical conclusion from my perspective is that you did not achieve the kind of success with Hershey's method as have been suggested is possible. No harm in that of course. Maybe you're operational (to use Hershey lingo), but not totally cleaning up. I'm not a detractor by the way. I've studied a great deal of Hershey myself and find him very fascinating. Clearly he had a great deal of knowledge about the markets. I never found the time to move on to the advanced SCT stuff, i.e., the late Jack Hershey. I hope to do some day, though. I also found some inconsistencies in his teachings, but when I've questioned it there is never a good question other than that I haven't put in the hours to understand it. Interestingly, I've discussed Hershey with another follower of him and he does at least agree with me on that part, i.e., not every claim put forth by Hershey seems to hold up. YM always leading ES, volume always leading price, etc. Thank you.