Trading and Objectivity

By wtl

Trading and Objecitivy in trading? Isn’t this contradictional?  You might argue: “Trading is gambling, guessing, speculation!” To a certain stretch you’re right. Look the men and women that are gambling with CFD, digital options or micro forex pairs on doubtful forex platforms. Hold on! Just take a deep breath and assess whether my hypothetical approach…

VWAP in Daily Trading

By wtl

According to Wikipedia’s definition, In finance, volume-weighted average price (VWAP) is the ratio of the value traded to total volume traded over a particular time horizon (usually one day). It is a measure of the average price a financial instrument such as stock or futures traded at over the trading horizon. Why is important With VWAP benchmarks, a trader or an algorithm models…

How to Add a Standard Order Book to Bookmap™

By wtl

Working with an Order Book is essential for a deep understanding of the market or markets we are trading. It supports our daytrading by providing essential information because it helps us to survive every day in trading your markets, either we trade Future, Stocks or Forex. DOM Bookmap Order Book Information like: Buying or Selling…

Trading Depth Interview #1: Walter Lesicar, the Trade-To-Win Trader

By wtl

Please see full interview here: Trading Bookmap Interview Educator https://bookmap.com/blog/depth-trading-1-interview-walter-lesicar-trade-win-trader/ Bookmap launches “The Depth of Trading” – a series of inspiring interviews with successful traders. Their background and strategies vary, but you will find them useful for sure.      Walter Lesicar opens this rubric. He is trading futures for more than fifteen years and has quite…