: Explores how irrational human emotions like fear and greed distort the natural auction, creating "asymmetric opportunities" for traders who remain rational.
3 Takeaways:1️⃣ Price is just an advertisement; volume is the confirmation.2️⃣ The market always seeks equilibrium (the Point of Control).3️⃣ Most breakouts are just emotional overreactions. Markets in Profile
Most traders fail because they try to guess where price is going based on lagging indicators. In Markets in Profile , Jim Dalton argues that the market is a continuous auction. Instead of looking for patterns, we should be looking for . : Explores how irrational human emotions like fear
Have you made the switch from standard candlesticks to Market Profile yet? Let me know in the comments! 👇 #TraderLife #BookReview #MarketsInProfile #FinancialFreedom Walmart : ~~~$58.15~~~ $44.97 Blackwell's : $47.38 Barnes & Noble : $75.00 In Markets in Profile , Jim Dalton argues
Master the auction, master the market. #DayTrading #OrderFlow
This is a deep dive into the "why" behind the "what." It’s a bit more advanced than your typical candle pattern guide, but it’s essential if you want to understand market structure and auction theory.