Product Description
Tape Reading – Learn How To Read The Tape For Day Trading
Learn how to read the tape, a technique of day trading veterans use to profit from the stock market every day!
The trading course that will help you master Tape Reading!
Ever wanted to know what the “secret sauce” hedge fund traders use? Ever wanted to know what these crazy rich day traders are doing to make money every day? Well, here is the answer:
They simply understand how to read the tape. There is no secret sauce, but rather a technique that has been around since the market was founded. It is not a “secret sauce” or master powerful trading system, but just the basic understanding of how to read the time and sales.
So, what is tape reading and how is it going to make me money?
Tape reading is the art of studying pure and magnified price action real time based on the Level II box. Using the tape you are able to gauge players psychology and imbalances in supply and demand. Reading the tape is a leading indicator, not like charts and indicators where they are based on past data. Tape reading is an important skill to master as an intraday trader because it allows you to see real time where there is buying and selling going on at level. This is also a very important skill because it will improve you efficiency, risk/reward ratio, and it will allow you to catch larger moves all while allowing you to take on the least amount of risk possible.
Tape reading is your edge and will put ahead of many other traders that think technical analysis is the only thing they should know. The advantages of reading the tape are that it brings consistency to your trading, it is a leading indicator, you are able to see buyers/sellers in real time, it minimizes your trading risk and it gets you in more plays that the charts don’t show you. Finally, reading the tape is about analysis the bid, offer, size, volume, and prints.
What are some benefits of this course?
Learn the basic foundation of reading the tape Learn what the Level I and II are Learn what the prints mean Learn how to spot big bids and big offers Learn how to spot hidden buyers and sellers Learn how to spot buy and sell orders Learn the top intraday trading patterns working now Learn how to spot and follow a buy program for 4 pts on the tape Learn why speed is important to the intraday trader Learn our top trading plays Learn how to spot probabilities and trade with them via risk/reward Learn how to lower your risk Learn how to read the tape via the Level I, II, and prints. Learn setups that are not on the charts
What are the requirements?
No prerequisite knowledge is necessary
Access to level II data
Access to live market feed
What am I going to get from this course?
Over 33 lectures and 15 hours of content!
By the end of this course, you will be able to read the tape
Learn the basic foundation of reading the tape
Learn what the Level I and II are
Learn what the prints mean
Learn how to spot big bids and big offers
Learn how to spot hidden buyers and sellers
Learn how to spot buy and sell orders
Learn the top intraday trading patterns working now
Learn how to spot and follow a buy program for 4 pts on the tape
Learn why speed is important to the intraday trader
Learn our top trading plays
Learn how to spot probabilities and trade with them via risk/reward
Learn how to lower your risk
Learn how to read the tape via the Level I, II, and prints.
Learn setups that are not on the charts