Steidlmayer on Markets: Trading with Market Profile


  • Format: PDF
  • Pages: 184
  • Published Date: 2003


A “market profile” presents a number of basic elements from the market in an easily understood graphic format that, when analyzed properly, can yield profitable intraday and swing trades that traditional indicators do not reveal. Steidlmayer on Markets shows readers how to find these opportunities using the innovative techniques developed by the author during his many years of trading the market.


The most important element in becoming a successful trader is having a sound background from which to trade, consisting of a strong base of acquired knowledge derived from being active in the markets through time. Building this background is in some ways the easiest and in other ways the most difficult thing for a trader to accomplish. Trading experiences, observations of all kinds, a focus on what is most important and a clear understanding of business principles —all are necessary ingredients in a strong trading background. Awareness and patience are the requirements for developing it. Without a sound background, your trad-ing cannot be consistently successful. With it, you can de-velop clear, correct ways of thinking and confidence in your trading judgment.

In today’s fast moving world, some traders try to bypass the crucial first step of developing a sound background, and then rationalize the lack of background for the rest of their careers. But the opportunity to develop the needed background is always there.

Td like to share with you the background that underlies my own understanding of the markets. The experiences that went into building it are varied and demanded a lot of time and hard work. If you can learn the principles that these experiences illustrate, you’ll find that the same principles figure in your own experiences äs a trader. I think you’ll also learn some things about today’s markets.


  • Early Lessons
  • Changing Markets
  • The Information Revolution
  • Understanding Market Profile
  • Understanding Liquidity Data Bank
  • The Steidlmayer Theory of Markets
  • The Steidlmayer Distribution
  • Natural Volume
  • Reading Market Activity
  • Profile of the Successful Trader
  • Trade Preparation, Execution and Monitoring