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MrTopStep
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    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 7 February: ASX sheds 0.5pc | CBA lifts cash rate forecast to 3.85pc; ARB dives | Australia’s rental market is as tough as it has ever been |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 07 FEBRUARY: US stocks extend losses | RBA poised to lift rates by 0.25pc | Will Newmont’s $24 billion Newcrest bid cause a gold takeover cascade? |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 6 February: ASX drops 0.25pc | UBS remains dovish on RBA | Gascoyne Resources releases exploration target |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 06 FEBRUARY: ASX to rise as investors hang hopes on a soft landing | After a successful $4.5 million cap raise and with cancer trial results to come, Kazia is optimistic for 2023 |

    From the Desk of Wyckoff Trader:

    From the Desk of Wyckoff Trader:

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 03 FEBRUARY: ASX to rise | Alphabet, Atlassian tumble on earnings | Aura gets 30-year guarantee for Mauritania uranium project |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 31 January: ASX swings to loss | Retail sales plummet; Megaport sheds 25pc | Avecho Biotechnology progresses CBD softgel trials for insomnia treatment |

    From the Desk of Wyckoff Trader:

    From the Desk of Wyckoff Trader:

    From the Desk of Wyckoff Trader:

    From the Desk of Wyckoff Trader:

    Trending Tags

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  • Charts
    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 7 February: ASX sheds 0.5pc | CBA lifts cash rate forecast to 3.85pc; ARB dives | Australia’s rental market is as tough as it has ever been |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 07 FEBRUARY: US stocks extend losses | RBA poised to lift rates by 0.25pc | Will Newmont’s $24 billion Newcrest bid cause a gold takeover cascade? |

    $ up, cotton down, easy money.

    Jason Sen: Forex

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 6 February: ASX drops 0.25pc | UBS remains dovish on RBA | Gascoyne Resources releases exploration target |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 06 FEBRUARY: ASX to rise as investors hang hopes on a soft landing | After a successful $4.5 million cap raise and with cancer trial results to come, Kazia is optimistic for 2023 |

    Dollar dipsey doodle at 10150.

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 03 FEBRUARY: ASX to rise | Alphabet, Atlassian tumble on earnings | Aura gets 30-year guarantee for Mauritania uranium project |

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    Danny’s View:  Do We Have A Major Turn Coming?

    Danny’s View: Do We Have A Major Turn Coming?

    Danny’s View:  Blowout Jobs Report Has S&P On Its Heels

    Danny’s View: Blowout Jobs Report Has S&P On Its Heels

    From the Desk of Wyckoff Trader:

    From the Desk of Wyckoff Trader:

    Danny’s View:  Markets Shrug Off Fed Worries

    Danny’s View: Markets Shrug Off Fed Worries

    Danny’s View:  All About What The Fed Says (Not What It Does)

    Danny’s View: All About What The Fed Says (Not What It Does)

    Taylor 3 Day Cycle – Polaris Trading Group

    Taylor 3 Day Cycle – Polaris Trading Group

    The Washington Post – US stocks open higher, putting market on track for 3rd gain

    Danny’s View: Starting The Week With A Needed Pullback

    Danny’s View:  Bulls Are In Control For Now

    Danny’s View: Bulls Are In Control For Now

    From the Desk of Wyckoff Trader:

    From the Desk of Wyckoff Trader:

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    Here’s Why You Need Mr. Top Step

    Chart of the Day: AMZN Stock

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    Chart of the Day: AMZN Stock

    Chart of the Day: GameStop Stock Raises Capital

    Chart of the Day: AMZN Stock

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  • NYSE Holidays
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  • News
    • All
    • Reuters Business
    CME Loses Key Battle in Potentially Costly Trader Lawsuit

    CME Loses Key Battle in Potentially Costly Trader Lawsuit

    24X5 Options Trading Begins Sunday, November 21

    ICE Notice

    ICE: Margin Rates Update for ICE Futures U.S. Oil Contracts

    ICE: Margin Rates Update for ICE Futures U.S. Gas Contracts

    CME Group Globex Labor Day Holiday Schedule

    Margin Rates Update for ICE Futures U.S. Power Contracts

    AP: US COVID-19 cases rising again, doubling over three weeks

    CME Group – US Independence Day Holiday Schedule: July 2-6, 2021

  • Products
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    • Twitter (TWTR:NYSE)
    • VIX
    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 7 February: ASX sheds 0.5pc | CBA lifts cash rate forecast to 3.85pc; ARB dives | Australia’s rental market is as tough as it has ever been |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 07 FEBRUARY: US stocks extend losses | RBA poised to lift rates by 0.25pc | Will Newmont’s $24 billion Newcrest bid cause a gold takeover cascade? |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 6 February: ASX drops 0.25pc | UBS remains dovish on RBA | Gascoyne Resources releases exploration target |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 06 FEBRUARY: ASX to rise as investors hang hopes on a soft landing | After a successful $4.5 million cap raise and with cancer trial results to come, Kazia is optimistic for 2023 |

    From the Desk of Wyckoff Trader:

    From the Desk of Wyckoff Trader:

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 03 FEBRUARY: ASX to rise | Alphabet, Atlassian tumble on earnings | Aura gets 30-year guarantee for Mauritania uranium project |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 31 January: ASX swings to loss | Retail sales plummet; Megaport sheds 25pc | Avecho Biotechnology progresses CBD softgel trials for insomnia treatment |

    From the Desk of Wyckoff Trader:

    From the Desk of Wyckoff Trader:

    From the Desk of Wyckoff Trader:

    From the Desk of Wyckoff Trader:

    Trending Tags

    • FEEDID-6
    • FEEDID-51
    • FEEDID-44
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    • FEEDID-10
    • feedid-56
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    • feedid-61
    • feedid-59
    • feedid-60
    • feedid-62
    • feedid-63
    • feedid-65
    • feedid-66
  • Charts
    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 7 February: ASX sheds 0.5pc | CBA lifts cash rate forecast to 3.85pc; ARB dives | Australia’s rental market is as tough as it has ever been |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 07 FEBRUARY: US stocks extend losses | RBA poised to lift rates by 0.25pc | Will Newmont’s $24 billion Newcrest bid cause a gold takeover cascade? |

    $ up, cotton down, easy money.

    Jason Sen: Forex

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 6 February: ASX drops 0.25pc | UBS remains dovish on RBA | Gascoyne Resources releases exploration target |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 06 FEBRUARY: ASX to rise as investors hang hopes on a soft landing | After a successful $4.5 million cap raise and with cancer trial results to come, Kazia is optimistic for 2023 |

    Dollar dipsey doodle at 10150.

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 03 FEBRUARY: ASX to rise | Alphabet, Atlassian tumble on earnings | Aura gets 30-year guarantee for Mauritania uranium project |

  • Commentary
    • All
    • Market Recap
    • MrTopStep
    Danny’s View:  Do We Have A Major Turn Coming?

    Danny’s View: Do We Have A Major Turn Coming?

    Danny’s View:  Blowout Jobs Report Has S&P On Its Heels

    Danny’s View: Blowout Jobs Report Has S&P On Its Heels

    From the Desk of Wyckoff Trader:

    From the Desk of Wyckoff Trader:

    Danny’s View:  Markets Shrug Off Fed Worries

    Danny’s View: Markets Shrug Off Fed Worries

    Danny’s View:  All About What The Fed Says (Not What It Does)

    Danny’s View: All About What The Fed Says (Not What It Does)

    Taylor 3 Day Cycle – Polaris Trading Group

    Taylor 3 Day Cycle – Polaris Trading Group

    The Washington Post – US stocks open higher, putting market on track for 3rd gain

    Danny’s View: Starting The Week With A Needed Pullback

    Danny’s View:  Bulls Are In Control For Now

    Danny’s View: Bulls Are In Control For Now

    From the Desk of Wyckoff Trader:

    From the Desk of Wyckoff Trader:

  • Education
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    • Economics
    • Trading Methods
    • Trading Psychology
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    • Trading Rules
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    Chart of the Day: AMZN Stock

    Chart of the Day: PINS Stock

    Chart of the Day: AMZN Stock

    Chart of the Day: Trading the S&P 500 and the S&P Futures

    Here’s Why You Need Mr. Top Step

    Here’s Why You Need Mr. Top Step

    Chart of the Day: AMZN Stock

    Chart of the Day: Etsy Stock Tumbles

    Chart of the Day: AMZN Stock

    Monthly Trading Time: The Good, The Bad and The Ugly

    Chart of the Day: AMZN Stock

    Chart of the Day: Can Apple Stock Hit Record Highs?

    Chart of the Day: AMZN Stock

    Chart of the Day: Can GOOGL Stock Stay Up?

    Chart of the Day: AMZN Stock

    Chart of the Day: GameStop Stock Raises Capital

    Chart of the Day: AMZN Stock

    Chart of the Day: Another Go at Amazon Stock

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MrTopStep
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Here’s Why You Need Mr. Top Step

MrTopStep by MrTopStep
May 11, 2021
in Commentary, MiM, MrTopStep, Trading Room
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So many times people wonder why they should be subscribed to a trading or investing service. They want to know what the ROI is. Sometimes though, it’s hard to quantify. Education, real-time thoughts — those don’t exactly show up as a percentage-based return. Sometimes at Mr. Top Step though, we do get a concrete idea on returns. 

Just look at what happened on Thursday May 6th. 

The S&P 500 futures contract ended higher by roughly 34 points on the day, up 0.82%. But those in the Mr. Top Step chat room were able to snag almost all of that move in an hour. 

At 2:40 pm ET, Danny Riley said there’s a “rip coming” in the ES, with the futures contract trading at 4,163. 

The ES bottomed two minutes later at 4,160. 

Moments later at 2:45, Danny told the Mr. Top Step chat room, “That was the low.” It’s right there in the image below, all time-stamped for full transparency. We’re not right 100% of the time — no one is — but our results are right there, out in the open. 

That’s what 39 years on the trading floor teaches you. The School of Hard Knocks doesn’t have any room for lies, fluff or egos. We make calls in our chat room like we made buy and sell calls in the trading pit and it’s right there for everyone to see. 

But the value isn’t just in the chat room. There’s more, too. 

Mr. Top Step Premium
Here we have the Mr. Top Step chat room and MiM reading in one place.

The image above shows more than just a real-time call of the lows, it shows the MiM too. 

The MiM is short for our Market Imbalance Meter, which tallies the opening and end-of-day orders. It is “a point in time where all the buyers and sellers for the day must be satisfied in a single auction. It is a forced auction with price discovery between bullish and bearish forces.” The MiM is quite unique to Mr. Top Step, giving our members some of the best information around — the info you hope to see floating around on Twitter but can never depend on.

Notice the right side of the image above, where we’ve drawn a red circle. That’s giving us a real-time minute-by-minute reading of the MiM. 

You’ll notice how it grew by roughly 10-fold in a minute, climbing from $240 million at 3:49 ET to $2.22 billion at 3:50 ET. That impact is also shown on the chart of the ES contract below. That gave us a 7-handle rally in two minutes and realistically a 12-point rally into the close. 

Chart courtesy of TradingView.com

There are days where some of our most well-rounded members keep us from making stupid trades. That’s hard to quantify; it’s hard to put an ROI on that. 

However, it’s not hard to figure out the benefits to catching a 12-handle move in less than 15 minutes — a $600 gain on a single ES contract — or why snagging a ~30 point rally in the final hour and 15 minutes of the day — a $1,500 gain on a single ES contract — is a real game-changer. 

With that, why not come check out the chat room? It comes with a free 30-day guarantee anyway. If you decide it’s not a good fit, you can always cancel. 

As we all know, there’s no crystal ball when it comes to trading stocks, options or futures. But the Market Imbalance Meter may be as close as it comes. Knowing how the “Big Money” is placing its bets can give our trading room a big wave to ride — or a warning sign to stay out of the water. Come check it out now, risk free for 30 days.

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