Reading The Tape! 📜 (Day Trading Must!)

When a trader is first beginning to develop a strategy there are many small details that tend to get overlooked, typically due to a lack of knowledge. One of those skills is how to properly read the tape. ****** Watch our Live Trading show, Monday to Friday from 9 am to Noon! https://www.youtube.com/tradertvlive

Understanding the information that is being displayed to you, the importance of it and what to do with that information is vital to any trader attempting to become consistently profitable!

In this video we'll take an in-depth look at both the Time and Sales window and also the Level II. Learn what information is important and how to use that information to your advantage. We'll show you multiple concepts the pros use on a daily basis to help take you trading to the next level.

Trading starts and ends with the depth of market or level II and the time and sales window, so often traders will get attached to staring at charts which in the end only show you what has already happened.

Understanding the knowledge of the depth of market and time and sales will dramatically increase your chances of becoming a consistently profitable trader!

.⏳ Outline:
0:00 - Intro
0:45 - What are the numbers on the Time and Sales showing us?
2:14 - Speed is everything!
4:45 - How do we incorporate tape reading into day trading?
5:30 - Where are the "Big Players" on the tape?
7:20 - Understanding market centers and dark pools
9:21 - Momentum trading using the Time and Sales
12:44 - Summary

Trading Software: https://daytradetheworld.com/trading-software/

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Watch our Live Trading show, Monday to Friday from 9 am to Noon! https://www.youtube.com/tradertvlive

Видео Reading The Tape! 📜 (Day Trading Must!) канала Market Wisdom by TraderTV Live