You wouldn’t build your home on anything less than a solid foundation. Similarly, you can’t build wealth and financial independence without first having sound foundational principles to build upon.

I have found that many people are working on wealth building strategies such as maximizing their 401K returns, aggressive stock trading, and real estate investing without such a foundation.

Most of my clients are coming from a “one step forward, two steps back” cycle of wealth building that gets them nowhere in long run.

There are steps you can take to make sure that you are maximizing and protecting your gains at same time. Without these steps, you are destined to experience gain-loss cycle which, in end, is like spinning your wheels in mud.

Discover how your employment circumstances affect your wealth building strategy and have more of things you want by identifying your biggest expense and managing it without having to make more money. Most people take gains in their cash flow to mean they can spend more on things they don’t need. It is human to want to surround yourself with things you want to match how you feel about your new income from investments or a raise at work.

But what happens here is that you lose future earning power and you rip out pieces of your wealth building foundation because you are not putting new income to work by investing in your debt.

Central to Market Profile theory is concept of 'Value Area'. This is a continuous slice of days's action that holds a standard deviation of market activity (i.e. roughly two thirds of day's action is confined to within this area). The Value Area is determined in advance based on yesterday's action, and can be large or small, depending on (upon other things) volatility. Markets have 2 kinds of stock trader - short term (locals or 'day frame' participants) and long term (other frame) participants. To consistently make money, it is usually wisest to prepare to align with other-frame buyers/sellers, no matter which side is actually winning battle on a particular day. On a day when there is no strong other-frame conviction present, price is likely to rotate up and down in an essentially random support/resistance mode. The trick is to be able to determine who (if anyone) is in control, and when that control is faltering or even reversing.

There are 6 'types' of day identified by using Market Profiling technique. * Normal Day - Not as common as name might suggest. Typified by early entry of other-frame buyers or sellers creating a large initial price range. The action then wanders back and forward during day in standard auction fashion as buyers and sellers struggle to get upper hand. * Normal Variation on Normal Day - Less extreme initial price action, as if other-frame buyers/sellers are waiting and watching in order to build their conviction. Then market mnakes a more dramatic move followed by standard 2 way auctioning to close.