Day Trading Oct 30 Pre-market, page-46

Heya Froshleader

It is irrelevant who is buying

Disagree.

The more uncorrelated information that you can add to the evaluation, the more accurate a picture you can draw. While I'm quite skeptical of a lot of posts which claim that they "know" that "big money" is buying, I don't extend this skepticism to Endless' evaluation of the situation. And yes knowing this does add valuable information to a DT.

Remember the dictum that "the Map is not the Territory", and any single chart, ladder, news item does not represent the entirety of the market either. Consider HLL, who is probably the "purest" DTer here. He writes his morning report as a tool for his own understanding of the market and the DTs that he executes.