You may have heard us say at some point that there is no such thing as a trading holy grail.What we mean by this is that there are no trading approaches or systems that are 100% effective, allowing you to extract money from the markets at will and without risk (btw, if they did exist, no one would let you know about it). So....if you come across someone promising a fool-proof system to follow, our advice is to run. The only thing that is certain in trading is that it is uncertain. So, as … [Read more...]
Observe our trading plans, while you build your own
This week we're taking our first step at raising the bar in "independent trading competence" with the launch of two new services meant to accomplish three outcomes: Allow you an opportunity to look over our shoulder at the prep we do each day (and week) to plan our trades and interact with us in real time as those plans play out. See how to translate auction theory and profiling (Market Profile & Volume Profiling) tools into actionable trading plans. Help you sort through … [Read more...]
[webinar] Using the Profile to Trade Stocks
[webinar] using the profile to trade stocks from Market Profile Trading Academy on Vimeo. In our QuickLaunch workshop, we describe profiling tools (Market Profile & Volume Profiling) as visual tools that help traders discern how the auction is developing in real-time, giving any trader an edge through the ability to predict potential auction behaviors. Now, since profiling tools were originated in futures and commodity markets, we are often asked whether they can be used by traders who … [Read more...]
[Webinar] What are futures and how do I trade them?
Trader & Mentor Josh Schuler leads through this webinar for those unfamiliar with the futures complex. This hour long webinar covers futures, how to trade them, and what kinds of opportunities exist for those who would trade these products. Webinar: What are futures and how do I trade them from Market Profile Trading Academy on Vimeo. … [Read more...]
[Webinar] Reducing “noise” that affects trading performance
![[Webinar] Reducing “noise” that affects trading performance](http://marketprofiletradingacademy.com/wp-content/uploads/2016/06/lawaai2-150x150.jpg)
"Noise" is defined as market information that a trader might consider as actionable, but is actually irrelevant. With twitter feeds, newsletters, chat rooms, blogs, and market broadcast networks, the access to noise can be overwhelming. So, how do you decide what to listen to and what to shut off? We're going to walk you through it. … [Read more...]
Are you getting Matt’s Snap Storms?
If you love SnapChat then you will love Matt's Snap Storms. What's a Snap Storm? It's a compilation of "snaps" or quick videos posted throughout the day. We are able to post much faster on SnapChat than here on our blog. So, if you want to see a trading day develop from the perspective of a seasoned trader and see some actionable market information in real-time, follow Matt on SnapChat. Here are some snaps from Friday, June 18, 2016. … [Read more...]
We’re having a blast with Slack. Come join us.
Here at the Market Profile Trading Academy we like to stay on the forefront of tools to support our trading. One of the tools that we've come to love is Slack. Slack is a communication platform that many are calling an email killer. It's a form of chat, but it's so much more. We've used slack to communicate inside our team which lives and works in different states, and now we are opening up some of our slack channels to current and prospective students. We see it as a win-win. … [Read more...]
Markets that we like to trade
We do not get locked into any one market. We utilize years of experience and employ market auction theory on any market we feel has the potential to yield the greatest gains. Here are the following futures contracts that we like to trade (however, remember that auction theory and Market Profile can be applied for any market: options, stocks, forex): The Financials Energy … [Read more...]