Why Is The Obvious Not So Obvious?

Discussion in 'Risk Management' started by nysestocks, Jan 25, 2009.

  1. russ1

    russ1

    I was searching for some material and saw the question on Market Profile. I love MP and have always found it intuitive. It is not the easiest for short term trading though.
    Jim Dalton wrote a couple of books and has a site on Market Profile.
    He calls it Field of vision at
    jdaltontrading.com

    I studied with jim a great deal. He knows markets.
    he can teach you to better understand them with MP, but I am not so sure he can teach you to trade.

    The best Market Profile charts are with WindoTrader.

    Tradernovice.com has a few listed and some intro, but WindoTrader has its own site and much more in terms of charts. There is also
    some good stuff with Market Delta, and of course esignal and cqg
    have Market Profile material.

    I have heard Alexander trading group does MP seminars too.

    Mind over markets and Markets in profile are two books with a lot of information. Again, I think MP helps understanding markets enormously, but not so much with short term trading.
     
    #2561     Nov 5, 2011
  2. bogan22

    bogan22

    Thanks for putting some more meat on those bones.

    Regards
    The Bogan
     
    #2562     Nov 5, 2011
  3. deaddog

    deaddog

    From an ad for a book on trading psychology but it probably belongs here.

     
    #2563     Nov 5, 2011
  4. Redneck

    Redneck

    If you want to learn about MP, there’s a gentleman on here who goes by Ammo

    He uses it

    He is quite helpful

    And he is quite good (And the one I mentioned that I would not like trading against)

    His first suggestion to you will be to hand chart what you’re trading – helps get a feel for how it moves

    Really good suggestion too

    ========================================

    Search his posts

    RN
     
    #2564     Nov 5, 2011
  5. Redneck

    Redneck

    DD

    Have you read it..., and does it contain anything beneficial

    Personally I prefer a head doc that also trades - I believe he/ she can relate to the crap floating around in my head better (some of it is admittedly weird)

    But then who am I to say

    RN
     
    #2565     Nov 5, 2011
  6. deaddog

    deaddog

    No haven't read it. Stumbled on the ad in some of my aimless wanderings around the web. Lots of hype but available only on the web site so I took a pass.
    I tend to agree with the premise though. Human emotions make this game a lot tougher than it should be.
     
    #2566     Nov 5, 2011
  7. PS has spoke..and it no joke
    the chart u see..is where it be
    but when u look..into the book
    u must be know..what make it so

    if u but stare..u will see glare
    and think of stuff..that really tuf
    but know u this..it is all piss
    for time will show..when money flow:D

    TO has spilt..lifted the quilt
    tis easy see..as ABC:D
    the trick it be..that u must see
    inside minds eye..where chart will fly

    now think of this..next time u piss
    how much u see..where bowl do be
    willy not know..where piss will go
    and just one glance..might wet ur pants:D

    some will seem..like lazer beam
    and others fire..like busted tyre
    those in haste..with no real taste
    no shake will do..and wet the shoe:)

    the moral u see..in case not be
    is LOOK before..u shoot to score
    for if u think..that in a blink
    the cash will flow..then YOU are SLOW:D
     
    #2567     Nov 5, 2011
  8. Redneck

    Redneck

    Gents

    If I were to use the term measured move

    Could one of you please explain it

    How to identify it

    How it could be used

    Thx
    RN
     
    #2568     Nov 5, 2011
  9. Redneck

    Redneck

    Amen

    RN
     
    #2569     Nov 5, 2011
  10. what's gone..is gone
    what's here..is here
    what's now..is now
    what's clear..is clear

    be careful when applying recent event criteria to past event criteria..as u might just be a little bit disappointed..but..do not take the word of TO..or anyone else for that matter..PROVE it to urself..and then YOU will see..

    what will be..will be

    TO
     
    #2570     Nov 5, 2011