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How is that measured? Curious if I'm missing something, because I don't find that to be correct from my data (SPX). Just prior to this current rally we had another very decent rally without a substantial correction (setting the threshold at 10 %). October 2022 to July 2023: SPX gained 1115.49...

It definitely is cool. If anything, it could help against boredom as it's in fact fairly entertaining to watch. You can check out this livestream if you're interested: Instruction for TwB stream (youtube.com) Frankly, one might not even need to buy the software if one trades ES futures. Just...

I don't believe it is. Volume profile has become fairly common in most standard software packages these days. A volume profile will basically plot a volume distribution for price history up until now. Bookmap on the other hand is merely a new way to visualize Level 2 data. Both historical and...

I see. I do have a full license of NT8 including the order flow suite, but never really tested it yet. I don't currently have the full order book available on my data feed as I never really used it, but I'll activate it and do some experimenting. Thanks. Do you know if this is any different...

Maybe you just not getting out enough, yes? :) No, I'm uncertain myself. I only feel it's worth raising the question as it seems like such an unique piece of software and I think watching that stream is very entertaining. One thing I like (which may not be unique to Bookmap) is the sound...

Thank you. Curious. Why would you think Bookmap is more useful for equity index markets versus your markets? I would think it to be the other way around with the exception being maybe 6E. In short, my impression is that a lot of the flow in an instrument like ES is largely random. So, I'm...

Hello all, Curious if anyone is using Bookmap and find any value in it? I've never really used order flow in my trading and still remain skeptical of the idea of reading order flow in the type of markets I'm trading, i.e., stock index futures. But being skeptical doesn't mean I'm dismissive...

For sure. I didn't suggest otherwise. I merely challenged the notion that posting trades proves anything. By the way, that @ functionality doesn't seem to work. Maybe it's just on my browser, but I never get them. Saw this by accident.

Psychology can make or break a system. However, without a system, you're putting the cart in front of the horse. Leverage and how it impacts you is also a factor. Some people seem to be shitting themselves trading 1 micro with a large account while others can trade size on a smaller account and...

Nobody knows if the trade is actually taken or where it's actually exited. Nobody knows the size. And since you just admitted that you don't post all your trades, a string of live calls are meaningless as any kind of proof since it's not showing the complete picture. And since so many trades are...

Steven, You said that your approach and charts are not even close to what retail traders are doing. Volume profile, VWAP and statistical analysis is extremely common these days. The first two are standard features in most sophisticated software packages and your posted charts seems to come...

I'm just saying that what you posted seemed to be basic retail charting and retail concepts (Market Profile) when you claimed that what you just shared was not even close to what retail traders are doing.

How so? This looks exactly like how many retail traders would approach trading in my view.

Fair enough. Posting trades ain't necessarily "real", though. For obvious reasons. Number one being that you usually don't know if that is just one among many other trades that ain't posted. Also, nothing is known about size, i.e., the prior big winner may breakeven after the next small loss...

They're drinking pina coladas at the beach and here you are trading. Bad deal. :)

LOL. Seems like Al Brooks is doing just FINE as a teacher and a vendor with risk-free money flowing into his pocket even when he sleeps! I mean - why trade when you can sell the dream and make millions with zero risk??? :)

>= 70 point drop coming today. ES.

Yes, yes, yes. I think by nature most traders are contrarians and surprisingly often have a bearish sentiment. I know I was a bit of a bear when I first started out, but I've since reformed and I'm now starting to feel like a perma-bull instead. I trade 100 % technically/statistically with...

Well, you did call me an idiot, stupidly hypocritical and a clown (twice) and maybe a few other insults, too. So, you did sound kind of angry to me. Anyway, let's move on. I maintain my view that the huge majority of people in the educational business ain't worth their while or listening to -...

Keeping your calm and staying cool is a prerequisite to succeed as a trader. Seeing how DingDong is conducting himself in this thread all emotional and riled up, I wouldn't want to be anywhere near him when he's losing money at his trading desk. I'm sure this comment will anger him even further. :)