Another useless argument? Try to understand what every column in a market profile is ma´dear. They are divisions or half-an-hour normally
For entertainment, gambling, and fun... yes you are correct, that's all you need, to take this business and career seriously and be long-term successful you need more.
Not necessarily. I posted a chart that reflects an entire trading day's worth of publicly accessible data without time on either axis. xaxis = volume, yaxis = price
Hello M.W. More of what? And long term. LOL, who wants to wait long term to get rich? NOONE!!! As long as my orders get filled when I click that buy and sell button, who cares about that order junk? Junk = hidden orders, order flow, algos, the BIG professional traders, hedge fund, this and that and this and that. Forget all that crap!! Its about the money man. Forget all that algo crap. They not giving me an algo, so what do I care what algos are doing. Good for the algo people, I hope they getting rich everyday trading. Hope they doing illegal things to get paid too, I wish I can join their team to get rich too in whatever they doing. Good for them. I do not care. I am the damn Professional Trader, I want and will be rich like them too. And as long as the CME stays open for business, I can be rich like them too. So whats the big deal?
You have a lot to learn. Remeber at least this: every time you get filled quickly means you got short-changed and someone on the other side just made money off you. Enough for today, gotta move on.
Hello M.W., I do not have anything to learn but to keep it simple. LOL, what more is there is to learn? Stare at the chart, and look for edge, click buy and sell button. You guys keep worrying about what other traders and firms is doing, WHO CARES. All that matters is what we are doing. I do not care if someone made money off me, what do I care for? Good for them, I hope they make more money off of me. Can I change it? NOPE. As long as my orders get filled and my PnL shows green, ALL that other stuff worrying about orders and algos is a waste of time and energy for us SERIOUS retail traders.
Hello M.W., What does this have to do with my PnL on the trade? What do I care if I get short changed? Did my order fill at the price I want it to fill at, that is ALL I care about. The other side can keep making money off me, its all good with me.
as one of the 5 licensed market profile vendors "i don't sell any longer" here is TPO and the Value Areas plotted on a true non time based Kase 5 point range bar 24 hour chart.
%% LAZY is more easy to measure than greed. Lotto , fits lazy, greed + stupid tax on people that cant do math. Glad to see someone besides my CPA likes just numbers, numbers in a row or numbers on TaX forms THAT could be a good thing, some think delayed data is useless; WSJ paid $275,000,000 for IBD. Obviously WSJ did not think all that IBD delayed data[100% delayed data] is useless. Unless one counts occasional earnings planned announce.