Trading off the Depth of Market (DOM) can be a daunting task. Many traders struggle with understanding the flow and key features of the DOM⦠Here's a common tale: You watch the DOM, see countless numbers going up and down on the screen, and think, "Math overload! Nope, not for me." And then, back to your old trading habits, missing out on a chance to trade like a pro. But here's the truth... DOM is less about the numbers and more about learning the feeling and pace of the market. Let me share a little secret, ... One of the main keys to success in trading is understanding the Depth Of Market⦠Now before you roll your eyes... I know the DOM isnât sexy, believe me. But without a solid grasp of it, achieving consistent success becomes an uphill battle⦠And hereâs a wild guess⦠I bet you didnât start trading to become a slave to the markets, did you? But thatâs the sad reality for most traders. Theyâre run off their feet⦠They react to every market move... Add countless strategies to their to-do list. All the while they can feel burnout creeping up on them ready to strike at any minute. I think youâll agree, thatâs no way to live. And if that's you, eventually, youâll run out of time, or even worse⦠Run out of capital. That's why I've put together a blog post where I first show you what's on the DOM and then how it's used⦠I've broken it down into 3 key pillars â I call them the pillars of DOM trading⦠And if just one is missing, your trading strategy simply wonât work. The pillars are: â
Understanding the Flow
â
Identifying Key Components
â
Recognizing What Works and What Doesn't Now, This may sound obvious. But knowing about these pillars is far different from knowing HOW to implement them in your trading strategy. Because here are the facts, . Most traders donât know how to read the flow, identify the key components, and distinguish between what works and what doesn't in a way that resonates with the market dynamics. So, if you're ready to discover how to implement these three pillars in your trading... [You should definitely check todayâs blog post titled: Which DOM Trading Setups Actually Work?]( In this comprehensive guide, I break down everything you need to know about the Jigsaw DOM, from the key features to how it's used by professional traders. I'll walk you through the different components like Bids & Offers, Buy Market & Sell Market Orders, Momentum Tails, Volume Profile, and Pulling and Stacking. And we donât stop there. We also dive deep into what doesnât work, the importance of the "why" behind every trade setup, and real examples of trading scenarios. Hereâs a sneak peek of what youâll learn: - The common misconceptions about large depth and iceberg orders.
- The effectiveness of trading momentum and how to identify it.
- How to trade breaks of ranges on the Volume Profile.
- The art of trading headfakes, pullbacks, and market making.
- The importance of news and how it impacts trading decisions. And much more⦠Armed with this knowledge, youâll be able to: - Understand the driving forces behind the market.
- Identify good risk-reward scenarios.
- Know when to get out of a trade when momentum dies.
- Scale up your position size when the opportunity arises.
- Avoid the trap of needing to be right all the time. Sounds intriguing? Trust me; it is just the tip of the iceberg! The blog post is jam-packed with knowledge that can transform your trading approach and set you on the RIGHT path to finally understand the DOM and why the pros use it⦠[Get an inside look into how professional traders use the DOM to succeed>>]( Don't just trade; trade smart! Peter
Jigsaw Trading & Journalytix P.S. Whenever youâre ready... here are 3 ways Jigsaw can help you improve your trading: [Three Jigsaw packages⦠that you can get TODAY so that you can finally get access to the education and tools professionals use to gain an edge in the marketâ¦]( Here is a quick summary of what you will receive in our education packages in addition to the daytradr platform: Independent starts off by explaining how to develop as a trader and how to put our material's knowledge into action. It includes 10 hours of education as well as three sets of drills to help you get started with Order Flow. The videos show you how to use Order Flow (and the Jigsaw tools) in ways that go beyond just improving your trade entries. Professional adds 7 hours of education on specialized topics such as Trade Management, Scalping Techniques, Slow Market Techniques, Volume Profile Analysis, and Market Reversals. This is information you will want to revisit as your trading career progresses. If you are not profitable, you are frustrated, and 'nothing worksâ⦠Or you just want a fresh start⦠Then Institutional package is for you⦠This gives you the modules above PLUS a course from our London-based Proprietary firm partner. So if you are ready to discover the REAL knowledge and tools professional traders are using to gain an edge in the market⦠[Click here to pick a jigsaw package that works for youâ¦]( Copyright © 2023 Jigsaw Trading, All rights reserved.
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