For your consideration.
did the heavy lifting summarizing a 7 hour meeting with a great summary.
Housekeeping - I sent an email to a small group of free subscribers who have never opened an email from me. I want to make sure I am not hitting your spam folder. Also each qtr I will be unsubscribing anyone who has not opened an email in past 6 months, as a courtesy to your inbox.
Full writeup on Market Profile and Auction Market is here behind a Paywall.
They often say how simple someone can explain a concept potentially shows their level of mastering the subject. So here goes.
I will use Starbucks as the example SBUX 0.00%↑
Market prices are in one of two primary stages
In balance
Out of balance
I took this photo this past weekend. Do you see it? It’s a distribution bell curve. A market profile chart. Where the time or volume (volume profile chart) of a thing was for that price location. The mission is to seek edges for reactions and trade them. That is it.
You can apply this to any market, any timeframe. Decades, years, months, days, minutes.
There are a ton of additional nuances, inter-relationships, momentum indicators, sectors, yields, earnings, fundamentals and more that one also has to learn.
But the entire point of my Substack is to teach a new way to see price movements, so you can begin to fish for yourself. Or at least grade your financial advisor's work. Upgrade to paid if you want to learn.
How many more stories must we see of advisors losing their client’s money? And having to switch to another and another?
The beautiful thing about my paid subscribers is they are learning and bringing ideas to me for a gut check or another set of eyes. And that is the ENTIRE point. They will have a new skill set forever.
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Read testimonials from paying members who are benefiting by learning my methodology and acting on it themselves, to improve their own management of their 401k, IRA and trading.
All Testimonials can be found here.
Excerpts below 👇
“Honesty in a sea of deception is of great value” - Ralph (Paying Subscriber)
“I signed up for premium after your '4 kisses' podcast last week. Today, already,on my first 'premium' day , I learned technique that's easily worth the full year's payment. Thank you for what you do.” - M. (Paying Subscriber)
“I like your in-depth analyses of the markets as well as pointing out what might lurk underneath that could rise up to bite us” - Sorell (Paying Subscriber)
“Your Wrap on the markets every day keeps me focused and grounded” - Lj (Paying Subscriber)
"I want to learn how to read the market for longer term trades as opposed to what Wall Street wants me to do” G.M (Paying Subscriber)
"I like your objective view on the markets” Ron P (Paying Subscriber)
"Good info. Succinct and relevant. Very good calls this month.” Andy J. (Paying Subscriber)
‘Didn’t realize how good the Premium content was!” Giles D (Paying Subscriber)
“Really enjoying your thoughts and analysis!” Steve C (Paying Subscriber)
