Markets in Profile: Profiting from the Auction Process (Wiley Trading) book cover

Markets in Profile

Profiting from the Auction Process (Wiley Trading)

James F. Dalton
4.17(172 Reviews)

Overview of Markets in Profile

Discover the hidden auction process driving financial markets. Dalton's groundbreaking blend of Market Profile, behavioral finance, and neuroeconomics reveals why traders fail when they predict rather than react. How might understanding irrational market behavior transform your trading strategy forever?

Key Themes in Markets in Profile

  • market profile methodology
  • auction market theory
  • asymmetric risk reward
  • market generated information
  • price value divergence

Quotes from Markets in Profile

  • Markets regularly present asymmetric opportunities.

  • Information is the byproduct of change.

  • Markets are rational through their auction mechanism.

  • Price must move to attract participants from other timeframes.

Characters in Markets in Profile

  • James F. DaltonAuthor and former managing director at UBS
  • J. Peter SteidlmayerDeveloper of the original Market Profile

About the Author

About the Author of Markets in Profile

James F. Dalton, author of Markets in Profile: Profiting from the Auction Process, is a pioneering trading strategist and behavioral markets expert with over 40 years of experience analyzing auction dynamics and trader psychology. A former Senior Executive Vice President of the Chicago Board of Trade and Director of Hedge Fund Research at UBS, Dalton developed the groundbreaking Market Profile framework, which revolutionized how traders interpret price, volume, and time data. His work blends technical analysis with behavioral economics, offering actionable insights into market structure and participant decision-making.

Dalton’s expertise is further showcased in his bestselling books Mind Over Markets (a Wall Street Journal business perennial) and Markets and Momentum, both foundational texts for professional traders.

As founder of Jim Dalton Trading, he advises institutional investors and hedge funds worldwide. His Market Profile methodology has been integrated into trading curricula at major financial institutions and universities, underscoring its enduring relevance. Markets in Profile has garnered over 1,400 ratings on Goodreads and is routinely cited as essential reading for mastering auction-based market theory.

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@Matt, YC alum
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"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
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"Feels effortless compared to reading. I’ve finished 6 books this month already."

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