Market Profile Primer: A Concentrated Live Course with Jim (April 19-27)
To prime yourself for trading success, you will first have to let go of many price-based indicators and, more importantly, your desire for an immediate profitable outcome. If you have had difficulty being consistently profitable, you may have to give up what you already believe in order to move forward. Productive trading begins with a solid foundational base of both market understanding and emotional understanding. The bedrock of our teachings at Jim Dalton Trading is to help traders learn to create a solid foundational base for their trading and, eventually, learn to effortlessly spot opportune trade opportunities. To help traders on their path to trading success, we are offering our educational course “Market Profile Primer: A Concentrated Live Course with Jim“.
This condensed and focused primer course for Market Profile starts off with 4 intense days of linear education. The remaining 4 days will be focused on implementing and observing the foundational basics while being immersed in live markets. Those of you who may be familiar with Jim, know he does not prefer linear learning, but recognizes where it has its place. This will be a great opportunity for traders who are new to Market Profile to learn and solidify the fundamentals directly from Jim.
CURRENT SALE PRICE OF $429 ENDS SUNDAY 4/2/2023
Click Here for Tentative Schedule – All webinars and materials will be accessible for 3 months after the course finishes.
Day 1
- What is Market Profile, how does it differ from Candle Charts and Bar Charts?
- Auction Theory
- Value Area – How it is calculated, understanding higher, lower, and overlapping value
- Value versus Price
- Fairest Price at which business is conducted – POC & the significance of the POC
- The Concepts of Excess & Balance
- Single Prints – What are they & what contextual clues do they leave behind?
- Things Jim has discarded from his books & why & how have they been modified?
Day 2
- Various topics like the Dispersion Model, Momentum Trading, different Timeframes (Short, Intermediate, Longer Term) will be discussed. We will also cover the importance of chunking for tactical trading, reference types and their nuances, importance of overnight markets, the history of Scalping, anchor trades as a replacement for scalping, anchor trades versus developed trades, how to identify if you are a anchor or developed trader.
- Reinforcement of Concepts
Day 3
- Discussion on Chunking-where do we start? Importance of where the market opens, Weak highs and lows, Poor highs and low, Pullback highs/lows, Old Business vs Current Business, The Importance of Homework & Daily Preparation Discussion
- Live Market Afternoon Webinar
- Reinforcement of Concepts
Day 4
- Reinforcement of Concepts & Plotting the Market Profile Exercise
Days 5-7
- Morning and Evening reports
- Live Market Morning Webinar
- Live Commentary
- Live Market Last Hour of Trade followed by review of important aspects of the day
- Reinforcement of Concepts
Day 8
- Live Market Morning Webinar & Next Steps
- Live Commentary
The goal of our educational offerings is to help you become a better trader by teaching you how to:
- Understand the importance of beginning with a top down approach to improve short term trading results
- Read and interpret the daily two-way continuous auction via the Market Profile
- Hone your intuition — a must for proficient and expert level traders
- Understanding and using cognitive dissonance to your advantage
- Use repetition to your advantage and the importance of repetition in acquiring any skill. Like hitting a tennis ball, each stroke is slightly different as is each ball that comes to you.
- Understanding the difference between developed and anchor trades
- Recognize anomalies and understand their significance
- Understand the importance of tempo for advanced traders
- Recognizing the signs of markets that are getting too long or too short
- Understand odds and, more importantly, how to think in terms of odds
- Understanding the importance of what does not occur
- Monitor trades for continuation
- Let the trade come to you instead of actively seeking it out
CURRENT SALE PRICE OF $429 ENDS SUNDAY, 04/02/2023
To prime yourself for trading success, you will first have to let go of many price-based indicat...
Markets are endlessly complex. The ability to review, understand, and act on a tidal wave of information isn't a skill that can be gained quickly. And the only place practice really counts is in the flow of real market activi...