059: Daniel Goldberg – Being Alert to Market Conditions, and Trading Within a Prop Firm
Chat With Traders
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How the Price Ladder Influences Trading Ideas
A market profile gives me a major, major edge. People need to understand that these markets may appear random, but they're not. And the key difference with these markets is the level of uncertainty. Yesterday for a short time perceived value in the Eurostocks, for example, was 30.08. We did a fair chunk of volume and we didn't really move for about an hour. But then there was a shift and the market moved and the market started selling off. It's telling you where the market perceives value at any given time,. Where the greater portion of people accept that value is. Then it's telling you when it's shifting. A 50 tick chart doesn't give enough
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