To understand how value is developed we first need to understand what “value” or “fair value” is. It is the price or range at which buyers and sellers both agree upon and are happy to take place in two-way trading. This is generally represented by a volume or TPO chart as the value area or where 70% of the volume has been traded. Outside of that value area we are presented with either discount (buyers entering at prices advertised at lower than fair value) and premium (sellers entering at prices advertised at lower than fair value). The more extreme side to this would be considered excess (Participants begin to lose sight of what fair value is and panic their positions)
How I achieved a biological age of 26 at age 40 without spending $2M/year.
Entrepreneurship does not have to take a toll on your health.
I've created a high performance lifestyle focused on health while founding 6 seven-eight figure businesses.
Read this to live longer 👇 🧵
It's important to understand this:
https://t.co/Mv86lwzc8Y
It's also important to understand this:
https://t.co/dxDFaFmQEt
Then you can dive into this:
1.https://t.co/ONEBY0o2w4
2.https://t.co/N5OdXpFvoC
3.https://t.co/L2xFWsXQwh
If the concept of volume profile is new, try this:
1. https://t.co/a4tFWCpSBI
2. https://t.co/GqpcGWX1nA
What about "those days" that absolutely hammer most individual traders?
https://t.co/e7LZEeO9cX
And here for some explanation to the mental aspects:
https://t.co/fVCKVveCyo