Trading Terminal – Reading the Tape – A Game Changing Edge in Trading
Reading the Tape is a full-fledged training program for all traders – new, developing, and experienced – who want to develop a skillset used by elite active traders to understand supply and demand imbalances in real time and to trade profitably.
A Game Changing Edge in Trading opens up the Pandora box of concepts related to Order Flow (Bids, Offers, and Prints) and Level 2 (Box) which help traders determine the next immediate move on a stock with certainty. This course includes dozens of real time examples with tick-by-tick explanations of the tape and how to apply them in trading different strategies.
What You’ll Learn In Reading the Tape – A Game Changing Edge in Trading
- The most important skillset used by elite active traders
- Trading different strategies using the tape
- Identify trades on the Tape not visible on the chart
- Increase Consistency in your trading
- Detailed Concept explanation with real time examples on Order flow and Level 2
- Increase Risk/Reward by pin pointing better entries
Course Lessons
Section 1 : Course Overview and Introduction to Reading the Tape
- Overview
- Introduction to Reading the Tape
Section 2 : Fundamentals/Basics
- Introduction
- Fundamentals/Basics
- Section 2 Presentation
- Quiz: Test your Knowledge
Section 3 : Order Flow Concepts and Interpretation
- Introduction
- Overview and Psychology behind Print Transactions
- Concept 1: Hold on the Bid vs Selling the Bid
- Concept 1: Example 1 – Held Bid and Selling at the Bid on NIO
- Concept 1: Example 2 – Held Bid and Selling at the Bid on AAPL
- Concept 2: Hold on the Offer vs. Buying the offer
- Concept 2: Example 1 – Held Offer and Buying the Offer on AAPL
- Concept 2: Example 2 – Held Offer and Buying the Offer on TWTR
- Concept 3: Hefty Hold on the Bid
- Concept 3: Example – Hefty Held on the Bid on AMZN
- Concept 4: Hefty Hold on the Offer
- Concept 4: Example – Hefty Hold on the Offer on AAPL
- Concept 5-7: White Prints
- Concept 5-7: Example 1 – White Print and Bullish Hidden Order on DKNG
- Concept 5-7: Example 2 – White Print and Bearish Hidden Order on BILI
- Concept 5-7: Example 3 – White Print and Automatic Buyer on META
- Concept 8: Below the Bid and Above the Ask
- Concept 8: Example 1 – Orange Imbalance Print on AAPL
- Concept 8: Example 2 – Blue Print above the immediate offer on NIO
- Concept 8: Example 3 – Blue Imbalance Print on AAPL
- Concept 9: Print Size and Behavior
- Concept 10: Volume at Price
- Concept 10: Example – Volume at Price on AAPL
- Concept 11: Speed/Acceleration
- Concept 11: Example – Speed on AAPL and BABA
- Section 3 Presentation
- Quiz: Test your Knowledge
Section 4 : Level 2 Concepts and Interpretations
- Introduction
- Concept 1: Higher Asks and Lower Bids
- Concept 1: Example 1 – Higher and Higher Ask and Capitulation
- Concept 1: Example 2 – Lower and Lower Bids on Level 2 on SOFI
- Concept 2: Stacking on Bid/Offer
- Concept 2: Example 1 – Stacked Offer on CCL
- Concept 3: Iceberg Orders and Refreshing ECNs
- Concept 3: Example 1 – Iceberg Orders and Refreshing ECNs on RBLX
- Concept 4: Spoofing
- Concept 4: Example 1 – Spoofing on AAPL
- Section 4 Presentation
- Quiz: Test your Knowledge
Section 5 : Trading Strategies using Order Flow and Level 2
- Introduction
- Combining Order Flow and Level 2
- Trading Breakouts
- Trading Breakouts – Example
- Trading Pullbacks
- Trading Pullbacks – Example
- Trading Ranges
- Trading Ranges- Example
- Trading Reversals
- Trading Reversals – Example
- Trading Opening Print Imbalance
- Trading Opening Print Imbalance – Example
- Quiz: Test your Knowledge
- Trading Strategies Checklist (Downloadable)
Section 6 : Tape Reading Limitations and Expectations
- Introduction
- Limitations
- Expectations
- Section 6 Presentation