NEW SITE REDIRECTION

I am migrating content to my new site https://ttwtrader.com. You won't miss anything! See you there!

By wtl

Contrary Trading with Bookmap™ - Basics and Execution, May 20 - 24th, 2019

Contrary Trading with Bookmap™ - Basics and Execution Contrary Trading with Bookmap™ - Basics and Execution 5 Days Online Webinar á 5 Hours per Day** Investment in yourself $ 2.490,- Easy Pay with CC Including all Materials, Documentation, rec. Videos Skype Group Mentoring, Support and Discussion…

By wtl

How to Add a Standard Limit Order Book to Bookmap™

Working with an Order Book is essential for a deep understanding of the market or markets you are trading. It supports your daytrading by providing essential information which helps you to survive every day in trading your markets, either you trade Future, Stocks or Forex.

By wtl

Bookmap Masterclass: Professionelles Handeln mit Bookmap - Grundlagen und Umsetzung in liquiden Märkten

J. Paul Getty schrieb in seinem Buch "How to Be Rich": "Kaufe wenn alle anderen verkaufen und halte bis alle anderen kaufen. Das ist mehr als ein plakativer Slogan. Es ist der Ursprung aller erfolgreicher Investments." Märkte werden von Menschen bestimmt und gehandelt. Selbst wenn in userer hochtechnologischen…

By wtl

Trading Depth Interview #19: Peter Becker Demystifies Trading Stereotypes

Please see full interview here: https://bookmap.com/blog/trading-depth-interview-19-peter-becker/ We talked with a modest trader from Germany Peter Becker. While he was getting comfortable with hist first interview ever, we learned from him who are benefiting from Bookmap and why this software is not for all traders. Sit…

By wtl

Trading Depth Interview #1: Walter Lesicar, the Trade-To-Win Trader

Please see full interview here: https://bookmap.com/blog/depth-trading-1-interview-walter-lesicar-trade-win-trader/ Bookmap launches “The Depth of Trading” – a series of inspiring interviews with successful traders. Their background and strategies vary, but you will find them useful for sure. Walter Lesicar opens this rubric. He is trading futures for more than…

By wtl

Visualization in Trading

Today it is common knowledge that each person has different learning styles and techniques. Learning styles group together to form common ways that people learn. Everyone has a mix of learning styles. Some people may find that they have a dominant style of learning with…

By wtl

Why Confidence Matters

"Traders are rewarded for a combination of the intellectual and psychological ability, not for the mechanical ability." James Dalton Day trading is one of the most complex and gripping businesses you can imagine. Day Trading involves many different aspects of our human mentality and nature…

By wtl

The Secret Behind Profitable Trading

Well, dear reader, to let the cat out of the bag: there is no secret behind profitable trading but hard work. Please Stop! Before you leave, take 8 minutes time to read my thoughts based on my own trading experiences, on many conversations and chats…

By wtl

Bookmap™ Seminar - Strategien und Konzepte in Frankfurt

Wie finde ich risikoarme Einstiege in meine Trades? Kann ich mein Handelsrisiko reduzieren? Warum ist eine Auktion wichtig für mein Handeln? Kann ich damit verstehen was der Markt gerade macht und kann ich davon profitieren? Handle ich Instrumente, die zu mir passen? Die Märkte, konkret…

By wtl

"The Lure" - Revealed with Bookmap™

There are several "poetical" terms which try to describe the pitfalls that exist in trading like "The Smackdown", "Push and Pull", "Head Fake Level Smash" and many, many others. Every trader can create his own personal term based on his trading style and trading experience.

By wtl

Spot Pull Backs with Exhaustion in Bookmap™

According Investopedia exhaustion is described as: "Exhaustion is a situation in which a majority of participants trading in the same asset are either long or short, leaving few investors to take the other side of the transaction when participants wish to close their positions. Exhaustion signals the reversal of…

By wtl

Spot Reversals with Large Volume Clusters

Volume clusters are the key to early detection of market reversals. Not all reversals are identified by large volume clusters, but a high percentage of them are. The interesting thing about large volume clusters is that they do NOT represent an increase in trading activity.

By wtl

Why - Trading Questions Answered

In trading we all tend to ask nearly every day: And of course numerous other "Why" questions. The why question is so powerful and omnipotent that it can sometimes torture us. Then we look for answers and solutions by force to find answer to "WHY".

By wtl

Advanced Trading Techniques

One of the most influential trading books I have ever read, was an interview by Art Simpson with the "Phantom of the Pits". This is not a book in traditional sense, but a interview with a pit trader who wanted to be called Phantom. Phantom…

By wtl

Objectivity in Trading

Hypothesis: Profitable trading decisions are based on objective trading information. "Ahh, Come on. You are kidding. Trading is speculation, gamling, coincidence, randomness!" To a certain extend you are right. We, human beings, made it gambling and we like it! Look the people who are currently…

By wtl

Improve MAE and MFE with Bookmap™ Heatmap

To quote Elon Musk: "If a trend becomes obvious - you are too late." It is true for me and my trading style. I always want to be in the saddle when the ride begins. From the beginning of my trading adventure I went through…

By wtl

Accumulation

Imagine for a moment you were a market maker, a big boy with millions or billions behind you to move markets you want to move in your favour. What would you do if you have, let's say every day, 10000 futures contracts to place in…

By wtl

VWAP in Daily Trading

According to Wikipedia's definition, In finance, volume-weighted average price (VWAP) is the ratio of the value traded to total volume traded over a particular time horizon (usually one day). It is a measure of the average price a financial instrument such as stock or futures traded at over the trading horizon. With VWAP…

By wtl

Average True Range (ATR) as Stop and Reverse System

Order flow keeps me on the right side of the trading day. Nevertheless, I always have a chart as a guide and I keep strictly to it. The chart helps me to keep track of hectic times with the few indicators I use. The only…

By wtl