Stop predicting and start reacting. 📉
: Explores how irrational human emotions like fear and greed distort the natural auction, creating "asymmetric opportunities" for traders who remain rational. Markets in Profile
"You can manage risk but not return." — Peter Bernstein (via Markets in Profile ) 🧵 Stop predicting and start reacting
: View markets as continuous two-way auctions where price moves to find the level that facilitates the most trade. Most traders fail because they try to guess
Most traders fail because they try to guess where price is going based on lagging indicators. In Markets in Profile , Jim Dalton argues that the market is a continuous auction. Instead of looking for patterns, we should be looking for .
Have you made the switch from standard candlesticks to Market Profile yet? Let me know in the comments! 👇 #TraderLife #BookReview #MarketsInProfile #FinancialFreedom Walmart : ~~~$58.15~~~ $44.97 Blackwell's : $47.38 Barnes & Noble : $75.00