Thought I'd offering a potpourri of thoughts in addition to ideas every bit I select grip of upwardly amongst email, weblog comments, in addition to a amount twenty-four hours of meetings amongst traders:
* Does Market Profile Work? - That was the theme of an electronic mail that late came my way. Apparently, 1 of the gurus of Market Profile has opined that the tool does non piece of job every bit good every bit it in 1 lawsuit did. The author asked my sentiment on the matter. In a nutshell, I holler upwardly it's the incorrect question. Market Profile, similar in addition to thus many indicators in addition to tools, was never intended every bit a root of mechanical trading signals. In my view, it's a means of organizing marketplace observations, much every bit a physician's diagnostic organisation is a means of organizing information from a patient's history in addition to physical. The query is, non whether it works, simply whether it industrial plant for you. Is it a useful framework for organizing your observations of markets? H5N1 unlike framework would locomote Elliott Wave theory or chart-based technical analysis. If a framework helps yous brand feel of render in addition to demand in addition to if it helps yous consider in addition to deed upon marketplace patterns, it industrial plant for you.
* How to Develop every bit a Trader - Check out JT's comment to my recent post on upsets inwards the NCAA in addition to inwards trading. He illustrates how to brand operate of the fabric on this blog--or whatsoever site for that matter. Instead of looking for answers from a guru (which I'm not!), JT uses fabric selectively for "study/replay" until he tin terminate consider the patterns inwards existent time. Trading is a surgery sport, no unlike from football game or chess. H5N1 site or weblog tin terminate hand yous ideas for improving your football game or chess performance, simply it's on the exercise champaign in addition to chessboard that you'll educate yourself. The destination is to create got away from the posts what is useful to you, position aside the rest, assimilate fabric from multiple sources, in addition to integrate all of it into your ain mode of trading. It's the active piece of job of culling out the of import fabric (JT's folders) in addition to bringing it into your exercise that creates the learning in addition to development.
* Twitter Explosion - When I started Twitter posts terminal year, I was quite pleased when 300 traders signed upwardly for RSS subscriptions to the "blog inside a blog". Now the listing is upwardly to 3000. I desire to give cheers traders for their involvement in addition to feedback on the "tweets". The expansion of involvement inwards the Twitter posts reflects, I believe, traders' demand for existent fourth dimension information in addition to mentoring. The blog's Twitter characteristic is nonetheless a piece of job inwards progress; I volition welcome futurity feedback regarding what is helpful in addition to what is non when it comes to determination support. (here's his post. H5N1 release of bloggers are using Twitter, to a greater extent than or less quite differently from how I operate it. I encourage yous to banking concern gibe out tweets from diverse sources in addition to create your ain listing of people to "follow". If yous consider to a greater extent than or less innovative trading applications of Twitter, produce experience gratis to portion via a comment to this post. Thanks!
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