Different Ways to Look at the Market: It's all an auction process at the end of the day

Limit Up! Podcast

English - June 01, 2019 01:00 - 33 minutes - 30.4 MB - ★★★★★ - 53 ratings
Investing Business Education Self-Improvement trading podcast professional trader trading education trading for a living trading tips learn to trade trading career path finance investing trading Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Keeping Cool During Summer Trading with TopstepTrader’s Danny & Hoag

Next Episode: Jeopardy & Trading: The importance of sticking to your game plan

Welcome back to the new Limit Up! Listen in to get this week’s MARKet Reaction with our very own Mark Meadows, hear Danny Hodgman and John Hoagland talk about Market Profile and stick around for Trader Therapy with Jack Pelzer.

Don’t forget, we want to hear from you! We’re rolling out a new call-in line for listeners of the show, so be sure to give us a call at 855-902-0331 and let us know what’s on your mind.

[01:01] - This week[02:24] - MARKet Reaction with Mark Meadows[04:12] - A look at Market Profile with Topstep’s Danny & Hoag[04:55] - Hoag’s favorite way to look at the market[08:21] - What makes Market Profile different than looking at the usual charts[09:48] - How Market Profile shows time spent at a given price[13:56] - What to do for the overnight session[16:37] - What about Volume Profile?[18:19] - Everybody’s got a system; what works for you may not for me and that’s ok![21:19] - Hoag's history w/ MP - introduced to it by his dad in 8th grade[21:48] - Tim Dalton's Mind Over Markets (auction Process)[22:34] - Why markets today aren’t all that different from when early traders were bartering with pelts in caves[23:25] - the importance of geography in the trading pits[25:18] - The ultimate edge: consistency in your decision-making process[27:40] - Strangles and straddles[30:06] - It's all an auction process
[30:32] - Trader Therapy with Jack Pelzer

Limit Up! is a podcast for traders of all levels brought to you by Topstep. Whether you’re considering a career in trading and don’t know where to start, or you’re a seasoned veteran looking for advice from big names in the financial industry, Limit Up! is your guide. Join us weekly as we discuss the market in all of its volatile glory. Risk Disclosure: https://www.topstep.com/risk-disclosure/

If you'd like to receive new episodes as they're published, please subscribe to Limit up! in Apple Podcasts, Google Podcasts, Spotify or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts. It really helps others find the show.

Podcast episode production by Dante32.