
In this section I introduce you to the program and to what to expect.
In this lecture I recap some Market profile basics, so a beginner is not totally lost. I also show you how to decide your initial balance for execution, this is an important step to systematisation.
One of the single reasons traders get chopped up is, they fail to anticipate or at least have some expectation of the day structure developing. Is it range day? A trend? In this lecture you will learn how to do this using an ATR and how you can now start to manage your target expectations.
In this lecture, I show you exactly how a live market trades around what you implemented in part 1. I use the latest technology to replay a day and simulate exactly what you would have seen. A good lesson into live action trading.
It's all for nothing if you don't know how to make the trade. In this lecture I simulate a live trade from a prior day replay, so you can see how to actual make the trades in a systematic stress free way.
It is very easy to get into a trade but managing the trade is the most crucial aspect, in this lecture you will learn how you manage a trade, if you get stopped out or if the trade is going profitable how to protect and other aspects of day trade management.
After a more than a decade in professional finance, having traded and made a market both from an institutional and perspective, it is often very surprising still that a lot of traders due to know fault of their own have not at least had some brush with Market Profile. I guess that's a good thing, it gives traders like you a chance to develop and get ahead of the competition.
After a long wait and a lot of request, I am glad to present this Market Profile course focused on Day Traders, whether you are an FX trader, Futures Trader or Equity Trader. There is something for you. I have heard it all before.... Day trading is hard they say, there are no profitable day traders, they say....Well they also said that, the moon landing was a hoax, the earth is flat and climate change is myth. So I can tell you for a fact, that there is nothing on this earth, least of all trading that is impossible... Do you know the statistical odds of life in our galaxy? Yet here we are. My point is, ditch the nay sayers.
In this program you will learn -
How to identify your execution balance.
How to identify the type of day that you are likely to get and how to trade around any day structure.
You will learn to manage and execute trades in a systematic and methodical fashion.
The importance of the ATR in our trade management and its proper use.
Don't forget to check the resource section of the first module to access my Discord Q and A server where you will continue to receive support, get charts and examples to help you grow as a professional trader.