Tim Bourquin: Hello, everybody. Welcome back to traderinterviews.com. Thanks very much for joining me for another show this week. We're going to be discussing market profile. We've had a lot of questions about this subject over the last few weeks, few months, and we've got an expert today to talk about that. He has been using market profile for a very long time. The idea of this interview is to kind of give you a point in the right direction to go out and do some more research about this, but it's a tool that a lot of people have started to look at but not a lot of people know a lot about and really focus on this. And John does so we're glad to have him today. So John, thanks for joining me on the phone today.
John: Well, thank you very much, Tim, for having me. It's my pleasure and I'm always delighted to talk about market profile because it has really grown to become one of my favorite analytical tools.
Tim Bourquin: All right. So talk about what kind of trader are you in terms of a swing trader, a day trader, and what markets you like to watch.
John: Well actually, I watch the market continuously. I think that it's very important to be continually in tune with the market. So even though I may have some swing positions, I am continually also monitoring them intraday because sometimes the position may need some tending, and especially if it's an option position, it may also need an adjustment. So I'm a strong believer in that if you are going to be a trader, you're going to have to give it the time and the attention that it requires to be successful and it is going to take some time.
Tim Bourquin: So does that mean I necessarily need to be in front of my computer all day every day if I'm going to be an active trader?
John: You don't necessarily have to be in front of the computer continuously, but yes, you need to be in touch with your computer. In other words, I could...
To read the rest of this interview's transcript, get access now or login
Looking for the free interview and bonus?
