Anyone shouting out Jim Dalton and TPO is worth their salt. So great to hear someone from the inside give their perspective as a retail trader! Thanks for this series
My heart started palpitating, something was wrong. And what was wrong is I didn’t know what I was doing 😂 thank you for that laugh, this I where I am right now but I refuse to give up
I don't usually scalp or day trade but the other day I had a trade that just came to me, had green lights blasting to me everywhere. It was a biotech with big news afterhours and their market cap was about 1/10th of the value of the news so I loaded up. The next day, the big run up happened as expected. I was able to read the lvl 2 data and time of sales good enough to get out very close to the top right before the big pullback. I was so proud of myself. I wish I could do that everyday but I know i'm better off just dipping my toes into day trading, when those type of trades come to me.
"once you lose some money retail trading, you start looking..." - JJ Funny how it took losing a substantial amount of my trading capital to finally decide its time to learn more about myself and the markets...
JJ is a man of extraordinary knowledge. Bless you for sharing your insight and profound knowledge. I’ve watched many episodes and what got me started was you on the stocks to trade podcast. I’m not sure if you know a man named Mark Douglas but I’ve combined his and your market perspective and combined a really special bank of experience and knowledge looking at markets from a perspective no one knows about. You guys rock!!!! Ray I’m also a long time Texas Holdem/Omaha player and the similarities between them and trading are just as amazing as the differences between them. Keep up the great work guys!!
I am at minute 12 and though I like the guest, I do have a small advice for the host.. interrupt less and when you do it, make a smart point not just a plain confirmation.
You’re doing great man, takes time to develop as an interviewer but you’re a natural and the network of people you have and topics covered are S+++ tier for the platform. I’ll be watching every vid of yours.
I've just listen the entire two first episode and... wow, what an experience. It's really interesting to have a voice that have work behind the scene. Thank you for this great opportunity, i'll listen to the other episodes that's for sure ! Greetings from Belgium !
Have you gotten a satisfactory answer for this? I tried forex for six painful months, it has it's charms but it was clear to me it was too heavily manipulated, now I am tasting indexes, they are definitely manipulated, specially if you have consistent gains
Crazy insight...Is there another another name for TPO charts and does it apply to crypto day trading? Interested to learn about if the same principles in stock trading apply to crypto day trading? Thanks
@@confessionsofamarketmaker4919 thanks. I will log on the site. I’m thinking about trading crypto in the future and would like to know if the principles remain the same as trading other assets? Also, is there a schedule for the training and are the training live sessions or a series of videos like those online courses? Thanks JJ and Fam.
Basically hè is saying that the market makers have the power because they know how to lure dumb money and make a buck themselves. The reason they know this is because they make the market and thus have inside information about everything…
It def is a battle...must take your time...like he said he made every stupid mistake...either you know what your doing or get out....this system will take your money folks..learn it...
Reason why indicators are inconsistent well there's four phases to market structure. What works good during one phase may suck in other ones characters change movements change your indicators need to at minimum be customized. Identify what phase the market is in try indicators that work for that particular phase so on & so forth until you have selected indicators covering all phases and it becomes second nature
amen Thomas. amen. if you care to join a community of people like yourselves, we all chop it up and trade live at microefutures.com equities, crypto and futures.
@@tommyg148 thank you so much. I've wondered why the consolidation/accumulation takes so long to happen. That explanation makes so much sense. When you typed the letters to look for, you're saying the charts (candles) will pretty much makes those letters with their patterns? I'm having a hard time picturing an h, y, z, or r. I can research it tho. There's got to be some info on it. Th
Big institutions totally manipulate the market they don't even trade looking at prices they trade on levels they have the power to sink or raise prices. Its all done under camouflage they don't want retail knowing what move is next. look at the candlesticks usually the first one or second red one down the volume i 10x the others thats your institution candlestick. We don't buy and sell like you think individually its mostly all done through the market maker they buy a ton of shares to sell back to retail they are the ones buying off you most of the time. Eventually if price is low and they need to load up on shares they need to push price up where the sell orders are sitting waiting to be bought. When you see the market move up out of nowhere that why the market maker is going up buying up shares where the sell orders are waiting to be bought from sell orders after they get whats needed they sell off the ones they bought on the way up lower price then they have a nest egg to sell retail traders . You can find pretty good videos on it. Type market maker buying and selling shares
Just remember folks.. where ever the trader market looks the MM shifts. Awareness of MM'S job just magnified the psycology. This is level 3 psychology in poker. Still Playable, and at times preference ;) Whoops we just went level 4 🤣
I feel like we gotta get more details outa this guy. He is saying the lvl2 and tape is manipulative, which of course at times it is, but majority of the time it isnt. Does he know you can see on the tape if dark pools are selling or buying? People looks at the lvl 2 and tape to see where and how much shares are being traded at, so with his opinion he is saying because market makers manipulate that, then it doesn't work? But we can see when and where they manipulate it...I mean really with his comments you can tell he doesn't have much experience on the retail side lol I wish more questions were asked and picking his brain a bit more. Also it would be helpful if he had some charts up to actually show this stuff. Are we talking about pink sheets, nasdaq large cap stocks what are some tickers here showing examples of what he is saying. Alot of this just seems like he isn't familiar with retail day trading.
Whats up with the audio cutting in and out? Its really freakin annoying which sucks because this is good content but it makes it really hard to listen to.
I’m curious if this guy is full of s*** or not. What stock did you influence to keep at 90-RSI? What stock did The Tailor keep positive for 2 years? This should be easy to verify.
ICT speaks the truth lol. No cap. All these things hes saying, just confirms what ICT says . It's not that his concepts don't work, they got to be used in the right context and time is a very necessary asset that confirms market profile like the MM said.
I dont get his point. He said he once held a stock above 90 rsi for a month, Is that him saying rsi isn't a useful took? This was over 15 years ago he did this, and it was 1 stock lol thats kind of a pointless example. If he held rsi above 90 on 100 stocks just a few years ago then ok i get it lol
I just wanna let you know, your greed with the multitude of mid role ads you are putting in these videos is going to lose your viewers because you have just lost me.
Anyone shouting out Jim Dalton and TPO is worth their salt. So great to hear someone from the inside give their perspective as a retail trader! Thanks for this series
That dude NAILED it...nice work on this piece!!!
is this channel still alive this content is amazing we need more from jj ....
My heart started palpitating, something was wrong. And what was wrong is I didn’t know what I was doing 😂 thank you for that laugh, this I where I am right now but I refuse to give up
Quality content guys, thanks
I love the honesty of this man.
I don't usually scalp or day trade but the other day I had a trade that just came to me, had green lights blasting to me everywhere. It was a biotech with big news afterhours and their market cap was about 1/10th of the value of the news so I loaded up. The next day, the big run up happened as expected. I was able to read the lvl 2 data and time of sales good enough to get out very close to the top right before the big pullback. I was so proud of myself. I wish I could do that everyday but I know i'm better off just dipping my toes into day trading, when those type of trades come to me.
Rare to find a ticker that hasn’t priced in big news when It’s announced.
@@BH-pl7vg Yes, that is true. The news algorithms that read breaking news usually enter into the position in 1-3 minutes...
@@ajcook7777 I would dare to argue 1-3 seconds lol
Smart
I've just discovered the channel. Great content, thank you so much (both JJ and Ray)! Stay safe!
i found JJ tonight and he provides incredible insights, bless up bro.
This was fantastic! 👍🏾
Only 10 Minutes in and this is gold. It's spot on which makes it funny AF! 🤣😂
"once you lose some money retail trading, you start looking..." - JJ
Funny how it took losing a substantial amount of my trading capital to finally decide its time to learn more about myself and the markets...
Can relate mate
Haha, I found the same. We’re on the boat now
and do you think hearing those bs will make you profitable? good luck fool
Same here ... took loosing a chunk of the account to sit myself on the sidelines and go learn lots more then I thought I knew! Still learning!
I love Vancouver is a great and fun cit, I used to live there and I really miss it. Hearing a market maker from Van really inspired me 👌🏼👌🏼💪🏼
Now on night shift and got free from patients. So time to learn for amazing JJ. Thank you Ray. ♥️🥰🙏
Where is episode #3!? Did it get deleted!? I NEED more of this!!!
Great Information Man Thanks Really fed my Curiosity 👌 All The Way From SA 🇿🇦🇿🇦🇿🇦🇿🇦😁
JJ is a man of extraordinary knowledge. Bless you for sharing your insight and profound knowledge. I’ve watched many episodes and what got me started was you on the stocks to trade podcast. I’m not sure if you know a man named Mark Douglas but I’ve combined his and your market perspective and combined a really special bank of experience and knowledge looking at markets from a perspective no one knows about. You guys rock!!!!
Ray I’m also a long time Texas Holdem/Omaha player and the similarities between them and trading are just as amazing as the differences between them. Keep up the great work guys!!
Enjoyed that! This guy is JJ, OMG! Love listening to his stories!
I am at minute 12 and though I like the guest, I do have a small advice for the host.. interrupt less and when you do it, make a smart point not just a plain confirmation.
taken! check our newer episodes.. we improved on that a lot.
You’re doing great man, takes time to develop as an interviewer but you’re a natural and the network of people you have and topics covered are S+++ tier for the platform. I’ll be watching every vid of yours.
appreciate the conversation... love this podcast!!
I've just listen the entire two first episode and... wow, what an experience. It's really interesting to have a voice that have work behind the scene.
Thank you for this great opportunity, i'll listen to the other episodes that's for sure !
Greetings from Belgium !
Every advert been shown while watching this has been someone wanting me to trade their system, almost the opposite what is being said here...
Yes, a lot of people make income from signing people up for products. you can trade your own account. The goal of our show is to show you the truth!
@@confessionsofamarketmaker4919 - The truth is what we like! Keep up the good work!!
Great share, thank you both.
Sounds a bit like Robert California from “The Office”
Remember to give credits to the guy who invented this system, J. Steidlmayer
"Took it to 300", TLRY??
great stuff
lmao...really enjoyed this !! thank you so much!
thanks bro! if you want more you can join us at microefutures.com
This is the real $-hit right here in how the sausage is made.
yep. join us microefutures.com
I got questions for jj how can we identify who own the float and how much they got inventory?
You can't. We need to learn when the float is being manipulated and move along.
Who has this guys Twitter ?? Plz
Would you say the Forex Market is as manipulated as the stock market? Maybe even more since its the Bank's game?
Have you gotten a satisfactory answer for this? I tried forex for six painful months, it has it's charms but it was clear to me it was too heavily manipulated, now I am tasting indexes, they are definitely manipulated, specially if you have consistent gains
How can we find JJ on Social Media
What broker and platform do you and JJ recommend for micro future trading?
ninja trader
Wish I knew JJ. He sounds hella cool.
he is! follow him on twitter @vwaptrader1 & join him trading live daily at microefutures.com
So detail and a lot of info helpful thanks for keeping it real 💯
Crazy insight...Is there another another name for TPO charts and does it apply to crypto day trading? Interested to learn about if the same principles in stock trading apply to crypto day trading? Thanks
tpo îs the type of chart that spreads out volume like that. you can ask us questions live on zoom at microefutures.com
@@confessionsofamarketmaker4919 thanks. I will log on the site.
I’m thinking about trading crypto in the future and would like to know if the principles remain the same as trading other assets?
Also, is there a schedule for the training and are the training live sessions or a series of videos like those online courses? Thanks JJ and Fam.
@@mbz205 yes bro market profile works on crypto as well
what does he mean they know who is making the purchase? I've heard this twice in 2 different interviews now @ 15:59
Basically hè is saying that the market makers have the power because they know how to lure dumb money and make a buck themselves. The reason they know this is because they make the market and thus have inside information about everything…
what happened to Mr. Dalton India Fund... not draw down of 47%.
Please anyone tell me where the heck I would find what JJ is talking about.
Jigsaw or Sierra Charts
It def is a battle...must take your time...like he said he made every stupid mistake...either you know what your doing or get out....this system will take your money folks..learn it...
Brevity bro brevity . Let the guy talk .
haha. you can join us live on zoom at microefutures.com
He got the tablets and brought them down lol 😂 I love it. Looked him up too can't wait to research
I wrote down the names and books JJ mentioned for further resource. What a gold mine!
Holy shit how many ads you gonna put on the vid??
Your friend is what I call being a sniper ... and another thing I would like you to put a picture of your screens
Is this valid about Forex?
ranges around all asset classes
Great information but wayy tooo many ads
Reason why indicators are inconsistent well there's four phases to market structure. What works good during one phase may suck in other ones characters change movements change your indicators need to at minimum be customized. Identify what phase the market is in try indicators that work for that particular phase so on & so forth until you have selected indicators covering all phases and it becomes second nature
amen Thomas. amen. if you care to join a community of people like yourselves, we all chop it up and trade live at microefutures.com equities, crypto and futures.
may i ask what are the phases? or please point me to where to learn them and their indicators? I don't mind doing the work at all.
@@tommyg148 thank you so much. I've wondered why the consolidation/accumulation takes so long to happen. That explanation makes so much sense. When you typed the letters to look for, you're saying the charts (candles) will pretty much makes those letters with their patterns? I'm having a hard time picturing an h, y, z, or r. I can research it tho. There's got to be some info on it. Th
Big institutions totally manipulate the market they don't even trade looking at prices they trade on levels they have the power to sink or raise prices. Its all done under camouflage they don't want retail knowing what move is next. look at the candlesticks usually the first one or second red one down the volume i 10x the others thats your institution candlestick. We don't buy and sell like you think individually its mostly all done through the market maker they buy a ton of shares to sell back to retail they are the ones buying off you most of the time. Eventually if price is low and they need to load up on shares they need to push price up where the sell orders are sitting waiting to be bought. When you see the market move up out of nowhere that why the market maker is going up buying up shares where the sell orders are waiting to be bought from sell orders after they get whats needed they sell off the ones they bought on the way up lower price then they have a nest egg to sell retail traders . You can find pretty good videos on it. Type market maker buying and selling shares
@@tommyg148 appreciate you
When JJ talked about orderflow, was he referring to the Footprint or the DOM? Thanks
The DOM is mainly used for orders. Footprints show order flow.
Anyone know what JJs Twitter is? I’d love to follow
vwaptrader1
Just remember folks.. where ever the trader market looks the MM shifts.
Awareness of MM'S job just magnified the psycology. This is level 3 psychology in poker.
Still Playable, and at times preference ;) Whoops we just went level 4 🤣
Great vid but u run way too many ads
thank you!
Damn🤯🤯🤯
crazy right?
@@confessionsofamarketmaker4919 That's an understatement
I feel like we gotta get more details outa this guy. He is saying the lvl2 and tape is manipulative, which of course at times it is, but majority of the time it isnt. Does he know you can see on the tape if dark pools are selling or buying? People looks at the lvl 2 and tape to see where and how much shares are being traded at, so with his opinion he is saying because market makers manipulate that, then it doesn't work? But we can see when and where they manipulate it...I mean really with his comments you can tell he doesn't have much experience on the retail side lol I wish more questions were asked and picking his brain a bit more.
Also it would be helpful if he had some charts up to actually show this stuff. Are we talking about pink sheets, nasdaq large cap stocks what are some tickers here showing examples of what he is saying. Alot of this just seems like he isn't familiar with retail day trading.
Hi! where can I find JJs book? Have he written one? Thanks!
I believe he has! you can ask him on twitter @vwaptrader1 and join our community of traders at microefutures.com!
To many adverts making this unlistenable
thank you for feedback
It really helps... THANK YOU.. THANK YOU!!!
Today I learned how a car engine works
love it
@@confessionsofamarketmaker4919 love your show! Respect ✊
10:30 ... LOL HAHA
"I took the stock from 30 to 300 and had the RSI at 90 for 2 months.."
Is this whole conversation about selling a product..?? This is what the world has come to..
Good content but an ad every 3 minutes…. Not worth it find it elsewhere
Spoofing is illegal, no? 😂
you have to ask him at microefutures.com
Whats up with the audio cutting in and out? Its really freakin annoying which sucks because this is good content but it makes it really hard to listen to.
I’m curious if this guy is full of s*** or not.
What stock did you influence to keep at 90-RSI?
What stock did The Tailor keep positive for 2 years? This should be easy to verify.
Have You ever heard of ICT?
who is better ict or steve mauro
Both are nor far fetch
@@waliujimoh1442 both are not market maker hahaha
ICT speaks the truth lol. No cap. All these things hes saying, just confirms what ICT says . It's not that his concepts don't work, they got to be used in the right context and time is a very necessary asset that confirms market profile like the MM said.
I dont get his point. He said he once held a stock above 90 rsi for a month, Is that him saying rsi isn't a useful took? This was over 15 years ago he did this, and it was 1 stock lol thats kind of a pointless example. If he held rsi above 90 on 100 stocks just a few years ago then ok i get it lol
This person doesn't know how the market works, too much bla bla the whole video I was like 🤦🤦🤦🤦🤦🤦 this guy got fired for incompetent...
Why do u keep offering ur help here, in this vid, but actually dont bother replying in the twitter itselfff???!
TPO profile is a Rabbit hole of past and DOM is real time. Now, you live in Real time but you Look-backward and dive into future, 😂 how stupid is it.
Dude sound like SimpleTon... ?? I hate that guy.
I just wanna let you know, your greed with the multitude of mid role ads you are putting in these videos is going to lose your viewers because you have just lost me.
the guy hasnt got a clue about how the market works...people take my word ...dont waste your time on this nonsense
Tell us please if u know lol
And who are you random dude? Post your live trades, let's see.
whats jj twitter
?
That dude NAILED it...nice work on this piece!!!