Depth of Market Webinar
The NEW Powerhouse Tool
Monday 24 February 2014
Click here to register
You may have attended some of my recent webinar sessions at which I showed
how I have used the DOM (depth of market) trading tool to substantially increase
the experimental real-time account in which I taught myself to use this incredibly powerful tool.
DOM is not the Holy Grail of trading but it is absolutely amazing how much information
it can give you about support, resistance, buying power, selling pressure, timing, and more
effective order placement, especially if you are a short-term trader.
If you are a short-term trader and you are not using DOM (also known as the order book),
then you are absolutely definitely missing out on what I believe is one of the most powerful tools
I have seen in over three decades.
So many of you have asked me to present a webinar wherein I teach how I use
the DOM to maximize my timing and to make very short-term trades as well as day trades.
Don't get me wrong. Using DOM Is NOT a mechanical trading system. It involves a thorough
understanding of what the information means but moreover a dynamic decision making process
of how to apply the extremely valuable market generated information that DOM can give you.
What I will teach you at this Very Important Webinar
In order to effectively use DOM (see example of DOM screen shown below) you need
to understand exactly what the display tells you and what it means. As the DOM data changes,
which it does constantly during the trading day, you need to understand what the changes mean
and what they are telling you about the status of the market but moreover what will happen.
Using DOM successfully involves time, study, and planning. I will show you what I have learned.
I did not have a teacher - I learned DOM the hard way
No one taught me how to use depth of market. I learned it myself by trial and error and
I believe I can shorten the learning curve for you and help you implement DOM effectively.
Whether you're a day trader, a short-term trader, or a position trader, DOM can give you valuable
information to help you pinpoint and vastly improve timing for entry and exit.
Here is what a DOM screen looks like:
Do you understand it? Do you know what it means? Do you know how it can give you
valuable information about what's going to happen next? Sometimes DOM tells you that
everything is in balance. There is no advantage to the buyer or seller. And other critical times
DOM can tell you whether you're better off on the long side or on the short side.
And then, once you're in a trade DOM can help you exit the trade at an optimum price.
Why? Because DOM shows the balance of buy orders below the market and sell orders above
the market so that you can judge whether there is buying power or selling pressure.
These are my terms that I have developed from my own independent study and application.
Join me for a unique experience...
Attend my webinar and spend two hours with me looking
at the following very important information:
What is depth of market?
What does the data mean?
What do changes in the data mean?
How DOM can help you find support and resistance
How DOM can help you get better fills for entry and exit
How I use DOM to predict extremely short-term swings
How DOM can help you determine the true meaning of market reactions to news
How DOM can tell you ahead of time whether there is accumulation of distribution
How DOM can trick you into erroneous conclusions
Tips, tricks, and techniques for using DOM
Detailed methods I have developed for daytrading with DOM
Static versus dynamic
At this webinar I will play you a recorded DOM sequence which will show how DOM changes from
moment to moment and what these changes mean. This will be the first time I have worked from a video
which I can stop and start while you watch in order to demonstrate exactly what these ongoing changes in DOM data mean based on my understandings of this powerful tool. DOM is a dynamic tool in sync with evolving trends.
As I said before, if you are not using DOM, or, if at the very minimum you don't understand DOM,
you are clearly at a significant disadvantage.