Only a complete moron would use Market Profile

Quote from Marsupilami:

Just to clarify, are you using MP in an "IOAMT-kind-of-way" ?
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No....I do not in any way use the information derived from tracking daily and multiday cumulative delta the way ioamt.com may or may not use it. I have not found anyone else using the cumulative delta information the way I do (nor have I found anyone that TRACKS the cumulative delta over multiday periods the way I do to locate areas of support and resistance).
 
Quote from ammo:

heres one
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That is a footprint chart and is different in some aspects from the proprietary softaware I use to track multiday cumulative delta support and resistance areas. For intraday tracking of the cumulative delta I use Investor RT since they have the best cumulative delta tracking studies with one of their options in the VB tool.
 
Quote from Reaver:

Yo JJ what's up? It's been awhile!





Yeah I am pretty sure Bill Duryea sim-trades. I thought that was pretty much accepted universally.

Read through the forums (not just this one) and you'll most likely come to the same conclusion...and I could be wrong, but not once do I remember ever seeing him call himself a trader either. Always "analyst", "educator", etc but not TRADER. In fact, I could've sworn I read something from either him or one of his previous employees that flat out states Bill doesn't trade actual money.

Pretty sure he used to trade on the floor, but then became a vendor/analyst. He took Don Jones Cisco course and then promptly opened his own vendor service. Odd.

If I am wrong and Bill Duryea does actually trade profitably commensurate with the methods he is charging to teach, someone please show me some proof and I'll retract all statements to the contrary.
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Of course I have heard of those claims about Bill. Opinions on the message boards range from "he is the sh*t" to "he's a fraud". It is next to impossible to rely on what is being written on the boards. :)
 
bottom line.....If it helps with YOUR trading, who cares if its simulator or not.

Anyway, have a Happy Holidays everyone.....Dont get too fat :p
 
Quote from Reaver:

P.S. It's still hilarious that the thread I started with the inflammatory title has multiple pages of responses while the other one I actually started before this one to actually discuss techniques and add value still has no responses. LOL
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sounds like you had gained some insight into Purestick marketing technique.
 
Maybe more people are drawn to the negative title because it's simply the TRUTH vs the positive title which we all know the long term results of.

:cool:
 
Quote from Reaver:
P.S. It's still hilarious that the thread I started with the inflammatory title has multiple pages of responses while the other one I actually started before this one to actually discuss techniques and add value still has no responses. LOL
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I thought it was my chart that captured your audience. ;-)
 
Quote from Joab:

Maybe more people are drawn to the negative title because it's simply the TRUTH vs the positive title which we all know the long term results of.

:cool:
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Wow you kill me. That's like saying someone is a moron for using a bar chart.

Neither one is anything more than a way of displaying price action.

You just won the jackass of the day award. Merry Christmas.
 
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