What trading method should I dive into?

Discussion in 'Educational Resources' started by SweetMaryJane69, May 3, 2022.

  1. zdreg


    EV? To me EV is an electric vehicle.
    #11     May 3, 2022
    murray t turtle and Big AAPL like this.
  2. Leob


    Order flow can't be gambling, order flow and imbalance is what move the market during the day.
    #12     May 3, 2022
  3. zdreg


    Your usage of EV is?
    #13     May 3, 2022
  4. I definitely agree, the order flow method show a clear picture of the auctioning process which is what essentially moving the market. However, when I tried use only footprint chart to trade, I find myself focusing on bar by bar action and often ignore the "big picture". Also I find footprint tool perform real good in trending market, range days, not so much.(But I do admit I suck at trading ranges, and I believe I'm not the only one either) LOL
    #14     May 3, 2022
  5. Specterx


    Expected value.
    #15     May 3, 2022
    zdreg likes this.
  6. mikeriley


    Concerning your pursuit of studying price action.
    I found all of Bob Volman's books on Price Action
    leaps and bounds above the extensive verbiage
    inside Al Brooks material. Your eyes are your #1
    tool in price action and you'll need to actively
    spend time reviewing hundreds of charts.

    Bob Volman provides 20 times more charts
    compared to Mr Brooks, with very easy
    to understand lanquage.

    Bulkowski also has an excellent source for learning price action.

    To Your trading success.
    Last edited: May 3, 2022
    #16     May 3, 2022
  7. Leob


    Learn to use bookmap/market depth history.
    You should focus on today ticks. Nothing else matters.
    Good luck.
    #17     May 3, 2022
    SweetMaryJane69 likes this.
  8. WOW. Thank you. Will definitely give Bob Volman's book a look. The website you shared just WOW. It's definitely humbling to know that I still have a lot more to learn, thank you for giving me a good starting point.
    #18     May 3, 2022
  9. tiddlywinks


    I don't understand how becoming (usefully) skilled in financial markets is a poor choice.
    Nor do I see the learning curve and possible costs being any different than that of any other type of "real" business.

    Admittedly, a contributory factor, like that of a doctor or firefighter may be missing in many/most financial markets based careers. However, being skilled in financial markets allows for different contributory options. And rather than via obligation, they are by choice.

    Funny to see the likes on the quoted post... Including the OP of the thread... Good luck.
    #19     May 3, 2022
  10. zdreg


    Another common usage is enterprise value when evaluating stocks.
    #20     May 3, 2022