In this course i will explain the foundations of tradable markets, it's important to understand the foundation of any craft before building a career, you can't fix a car before knowing how and why it moves, In this course we will focus on the price movement mechanics in any tradable market, the auction process, what is volume profile and how use it to sharpen our trading edge, comparing to any lagging indicators, the auction approach and volume profile will add clarity to your trading to reduce risk and maximize profits.
The topics below in focus:
What is day trading?
Risk.
Trading as a business.
why we trade stocks and futures?
Why most people fail in trading?
Day trading components.
what to know before you start?
A look into market participants, the nature of trading and retails most common problems.
How prices move.
A quick review on basic market and charting information (candles, support n resistance, trends), consider this as a warmup before we jump into The auction process.
What is an auction and why we use volume profile.
The depth of market (DOM) relation to volume profile in focus.
Data feed and deeper look into Volume profile
Trading psychology and development (Extra)