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Changing How Traders Use the DOMWe just launched MarketDelta Trader and are already hearing great things from many of you. Here is a recent comment: There is something quite unique about trading the ladder right next to the Footprint…it makes execution decisions that much quicker and also clearer to see. The secret is not another indicator or super duper, fancy named, complex system. The secret is taking what you already understand and adding another layer of precision and transparency. The secret is combining the Footprint chart with depth of market (DOM). This simple combination unlocks a lot of the mystery about the DOM and captures exactly what happened by showing how much volume traded at each price and if that volume was buyer or seller motivated. From our experience, many traders see the DOM and believe it is holy grail. What they fail to realize is that the DOM is the canvas from which the professional market makers, institutions, and prop traders use to paint what they WANT us to see. It is the perfect setup. Show people what they believe to be real and then take advantage of that belief. Never fear, the Footprint is here to help! The benefit of the Footprint coupled right along side the DOM is everything is immediately exposed the moment the trade occurs, meaning you don’t miss a thing and have better, more complete information to base your trading decisions. If you want to experience MarketDelta Trader for yourself, start here. 0 Responses to Changing How Traders Use the DOM
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