Bennett Louis Stein – Bitcoin Trading Practice – The Master of the Books

The Master of the Books By Bennett Louis Stein –Bitcoin Trading Practice What Is “Bitcoin Trading Practice – The Master of the Books? “Bitcoin Trading Practice – The Master of the Books” is a specialized training resource focused on enhancing the skills of traders in the cryptocurrency market, specifically through understanding and leveraging order book dynamics. This course delves into advanced techniques for interpreting order depth and flow, identifying market imbalances, and executing trades based on these insights. It is structured to provide practical knowledge on reading and responding to real-time market changes, thereby helping traders make more informed decisions. Who Is The “Bitcoin Trading Practice – The Master of the Books” For? The “Bitcoin Trading Practice – The Master of the Books” is intended for cryptocurrency traders who are looking to deepen their understanding of order books, order depth, and order flow. This guide is particularly suitable for those who wish to gain expertise in analyzing market dynamics and making informed trading decisions based on comprehensive data about market orders and liquidity. It provides practical insights and tools that can benefit both novice and experienced traders by enhancing their ability to identify market imbalances and trends. The content is designed to be accessible, offering step-by-step guidance and including videos that demonstrate key concepts in action. This makes it a valuable resource for anyone serious about mastering the intricacies of cryptocurrency trading​. “Master of the Books” Curriculum 0. Glossary 1. The Information Edge 1.1 Just Buy Low and Sell High1.2 The Casino and their least favorite Gambler1.3 Create Your Edge 2. The Limit Order Book 2.1 Interpreting the LOB2.2 Understanding the LOB2.3 Be A Good Negotiator 3. Supply and Demand Runs 3.1 In Any Trend3.2 Placing Limit Orders3.3 Placing Market Orders3.4 Advanced Order Flow and Supply/Demand Runs 4. Order Depth 4.1 An Analogy to Supply and Demand4.2 Order Depth Imbalance on a Higher Timeframe4.3 Order Depth Imbalance on a Lower Timeframe4.4 Order Depth Imbalance across Markets4.5 Order Depth Trading4.6 Executing on Order Depth 5. Spoofing and Market Manipulation 5.1 Spoofing5.2 The 3 Stages5.3 A Market Depth Visual5.4 An Order Depth Visual5.5 Mind the Spoof 6. Support/Resistance from the Order Book 6.1 LOB Levels for Order Placement6.2 Executed LOB Levels as Trend Strength2 6.3 Ease of Movement 7. Application of LOB Strategy 7.1 Consolidation and Trends7.2 Trading the Consolidation Phase7.3 Trading the Trend Phase7.4 Two Methods of Trading 8. Advanced Order Flow 8.1 Next Level8.2 The DOM and Supply/Demand imbalances8.3 The DOM and Depth Changes8.4 The DOM and the Volume Profile8.5 Delta and the Candlestick Volume Profile8.6 Stacked Imbalances 9. The Heatmap 9.1 The Advantage9.2 Best Bid vs Best Offer9.3 Influx/Outflux of Supply/Demand9.4 Local Supply/Demand from a Heatmap 10. Execution 10.1 An Infinite Variability10.2 Supply/Demand Run Practice10.3 Order Depth Practice10.4 Spoofing Detection Practice10.5 Support/Resistance from the LOB Practice10.6 Application of LOB Strategy Practice10.7 Advanced Order Flow Practice10.8 Heatmap Practice10.9 Final Practice Exercises Who Is Bennett Louis Stein? Bennett Louis Stein is an experienced attorney based in Newport News, Virginia, specializing in Corporate Law and Real Estate Law. He has been practicing since 1967 after graduating with a law degree from the University of Richmond and a bachelor’s degree from the University of Virginia. Stein is currently a member of Stein & Smith, P.C. Throughout his career, he has built a reputation for ethical standards and professionalism in his field