[TraderJean]

Originally Posted by irviam »

Am looking into day trading, and have gotten familier with many of the charts and with market profile. am very interested in market profile. can you please answer a few questions for me.

1. How is Investor Rt, distinguished/better than say Trademaven or Esignal market profile tools.

2. Does Investor RT serve as a broker as well or do they have to get a broker such as Infinity.

3. Does IRT get their data from Esignal.

4. Are there tutorials or classes (free or otherwise) that can help u get started).

5. Is there a live trading room anyone can reccomend for new traders.

Hi Irv,

I use InvestorRT / MarketDelta for MP and Infinity AT for data/broker. Infinity Data is free and the AT platform is super fast. Sign up for a free demo here Infinity AT

Yours in trading,

Trader Jean

[momentom]

Before you decide on an application that you have to pay for monthly, have a look at fin-alg's MP. The latest version lets you overlay it on any bar chart. There is also another product that also provides historical VAH, VAL, VPOCs and more.

Not connected to them but a happy customer for a couple of years. BTW, you use these add-ins with Ninjatrader which is free.

[LS_Chad]

Irviam,

Take a look at the videos on Market Profile at Investor/RT - Video Library

You'll probably also be interested in the Profile Indicator and the Profile Drawing tool which let's you wrap a time- or vol-based profile around any group of bars quickly. Several videos at the top of this page: Investor/RT Tour - Profile Indicator (PROF)

If you have any specific questions or needs in this area, let me know.

As far as trading rooms or teachers that are based on MP, there is jpjtrading (JPJ TRADING), Profile Traders (Day Trading using Market Profile), Joseph James (Home | Joseph James Consulting, LLC) and Alexander Trading (http://www.alexandertrading.com). I know the first three use Investor/RT or MarketDelta in their instruction/teaching. I'm not sure if Tom Alexander is still using IRT.