Traders, all you are doing is procedurally identifying fair price, and then observing when price gets too far from value (premium) or (discount). Then, also procedurally, you are observing if the large transactors see the same thing and are acting upon it. This is all about consistency and disciplined application of a repeated procedure in order to drive a positive p/l in your business model. You are buying inventory in discount, in alignment with when you see larger money doing the same thing. Conversely, you sell in premium when you observe institutional money flow selling back to fair value. All of you. 100%. Everyone needs to be able to spot fair price with the naked eye. There is no substitute for reading the numbers. The numbers are just organizations from the time and sales, which is how I was taught- what you see me doing is years and years of plotting lines and transactional data on a sheet. This is called “tape reading” by most, and there is no better way to trade. There is also no defense by an institutional trader to take your money because you are trading in alignment with the monetary flow of the market. Thats why this technique is so successful. It is the hardest to learn. It takes mentorship, practice, discipline, a continual search for more information, and a self-awareness that I never thought I would have. Thank you to those that are among the very very very few that see the validity of this technique. Anything else is substandard. TraderFred
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Premarket analysis daily like this when you can would be truly awesome!
Beautiful explanation
Traders, all you are doing is procedurally identifying fair price, and then observing when price gets too far from value (premium) or (discount). Then, also procedurally, you are observing if the large transactors see the same thing and are acting upon it.
This is all about consistency and disciplined application of a repeated procedure in order to drive a positive p/l in your business model. You are buying inventory in discount, in alignment with when you see larger money doing the same thing. Conversely, you sell in premium when you observe institutional money flow selling back to fair value.
All of you. 100%. Everyone needs to be able to spot fair price with the naked eye. There is no substitute for reading the numbers. The numbers are just organizations from the time and sales, which is how I was taught- what you see me doing is years and years of plotting lines and transactional data on a sheet.
This is called “tape reading” by most, and there is no better way to trade. There is also no defense by an institutional trader to take your money because you are trading in alignment with the monetary flow of the market. Thats why this technique is so successful. It is the hardest to learn. It takes mentorship, practice, discipline, a continual search for more information, and a self-awareness that I never thought I would have.
Thank you to those that are among the very very very few that see the validity of this technique. Anything else is substandard.
TraderFred