Charts are tangible, objective and predictable! Test me!

[traider]

There are several key features of DOM trading:

1. Price Discovery: DOM helps traders to see where the price of a security may be heading. By showing the quantities of buy and sell orders at different prices, DOM allows traders to see the levels at which the market has shown interest.
   
   
2. Trading from the DOM: Some trading platforms allow trades to be executed directly from the DOM interface. Traders can place buy or sell orders at specific price levels by clicking on the DOM. They can also modify or cancel orders directly from the interface.
   
   
3. Identifying Market Imbalances: By showing the depth of buy and sell orders, the DOM can help identify market imbalances. If there are significantly more buy orders than sell orders at a certain price level, it may indicate upward price pressure.
   

DOM trading is commonly used in futures markets but can also be applied to other markets where depth of market data is available. It's particularly useful in fast-moving markets and for day trading strategies, where the ability to quickly execute trades at specific price levels is important.

However, DOM trading also requires skill and experience. Understanding the DOM display and making fast, accurate trading decisions based on this information can be challenging. Therefore, it's important for traders to practice using DOM in a simulated trading environment before using it for live trading.

 

[rajesheck]

There are several key features of DOM trading:

1. Price Discovery: DOM helps traders to see where the price of a security may be heading. By showing the quantities of buy and sell orders at different prices, DOM allows traders to see the levels at which the market has shown interest.
   
   
2. Trading from the DOM: Some trading platforms allow trades to be executed directly from the DOM interface. Traders can place buy or sell orders at specific price levels by clicking on the DOM. They can also modify or cancel orders directly from the interface.
   
   
3. Identifying Market Imbalances: By showing the depth of buy and sell orders, the DOM can help identify market imbalances. If there are significantly more buy orders than sell orders at a certain price level, it may indicate upward price pressure.

DOM trading is commonly used in futures markets but can also be applied to other markets where depth of market data is available. It's particularly useful in fast-moving markets and for day trading strategies, where the ability to quickly execute trades at specific price levels is important.

However, DOM trading also requires skill and experience. Understanding the DOM display and making fast, accurate trading decisions based on this information can be challenging. Therefore, it's important for traders to practice using DOM in a simulated trading environment before using it for live trading.

Can DOM traders do better job without developing chart reading skills?

I sincerely doubt that!

Chart reading skills rules, always!

 

[rajesheck]

Chart reading skills can greatly improve profits in all areas of stock trading:

1. Intraday

2. Swing

3. Hedge

4. Script

5. DOM

6. A I

 

[longandshort]

If your chart reading skills are so good why did you only score 50% in the quiz I posted?

 

[rajesheck]

If your chart reading skills are so good why did you only score 50% in the quiz I posted?

This bully expected me to predict noise. One of the craziest person I knew.

I am the bully-buster and you are a bully. You are mine!

One of the reasons my threads constantly tops the most visited topics list on ET is the the spicy content generated by the interactions between the bully-buster and the bullies.

Thanks to bullies for their contribution in making social media a spicy attraction for public!

 

[maxinger]

This bully expected me to predict noise. One of the craziest person I knew.

I am the bully-buster and you are a bully. You are mine!

One of the reasons my threads constantly tops the most visited topics list on ET is the the spicy content generated by the interactions between the bully-buster and the bullies.

Thanks to bullies for their contribution in making social media spicy!

You seems to have multiple nicks.

You are very knowledgeable but not a professional trader who must bring home the bacon every day/ week...

What others nicks do you have?

 

[rajesheck]

You seems to have multiple nicks.

You are very knowledgeable but not a professional trader who must bring home the bacon every day/ week...

What others nicks do you have?

I am philosophical, creative writer, programmer, flow state coach for sports, business and occupational therapy, trader, admirer of prebiotics, etc

Am I a professional trader?

At the age of 15 my computer teacher suggested me to pursue career in coding. I found my passion and career early so I can judge myself if trading is my career or not.

Yet there is a huge difference between the two passions. Coding is a technical skill. Trading is business skill. It's not a jump but a LEAP in my career. I failed a couple of times in my trading career. Finally I realised trading as my career.

The combination of these things made it happen:
1. Intraday
2. Index
3. Options
4. Early trend trading
5. Second support/resistance breakout

Things transformed when I realised I had poor relationship with money. Then I worked on it.

 

[rajesheck]

I am an inventor. I invented something called "Balanced Dimensional Challenge" which is basically applied flow state in sports, business and occupational therapy.

 

[longandshort]

This bully expected me to predict noise. One of the craziest person I knew.

I am the bully-buster and you are a bully. You are mine!

One of the reasons my threads constantly tops the most visited topics list on ET is the the spicy content generated by the interactions between the bully-buster and the bullies.

Thanks to bullies for their contribution in making social media a spicy attraction for public!

You asked for 1 minute charts and that’s what I gave you lol. Anyway, your like-to-post ratio indicates you don’t add a lot of value.

 

[rajesheck]

You asked for 1 minute charts and that’s what I gave you lol. Anyway, your like-to-post ratio indicates you don’t add a lot of value.

I am not an amuser. I challenge people instead to bring out their best. People misread my adventurous attitude as pride. I question people's comfort zone. My very presence makes people feel some pressure which I am sure is a positive pressure..

(I am not talking to this bully, I am talking to all)