Home › Market News › [VIDEO] Market Profile When Day Trading – The Coach’s Playbook
This week, the Topstep Coach’s are here to give you a high-level overview of the concepts and benefits of Market Profile.
Maria C is currently up $1,200 trading the Nasdaq today. Great job, Maria!
Created by Peter Steidlmayer, a legendary Chicago Board of Trade day-trader, Market Profile isn’t an indicator that you would traditionally use to plot trade entry and exit levels. Instead, it paints a picture of the daily auction process and where price spends most of its time during a trading session.
John Hoagland, Topstep’s lead performance coach and resident Market Profile guru, does a splendid job of breaking down the rules of Market Profile in an easy to understand conversation with the rest of the Topstep coach’s.
Always trade for tomorrow!