1.📸 Follow me on instagram: [ Ссылка ]
2.📚 Course and Mentorship: [ Ссылка ]
3.🖥Visit my website: [ Ссылка ]
This video I talk about how to read the tape, tape reading 101.
Reading the tape can consist of many different things, but the two main components are the level 2 & time and sales.
Level 2 shows the order book or the liquidity of bids (buyers) or ask (sellers)
Level 2 shows all the passive limit orders on the market
Time and Sales shows completed transactions. On ThinkorSwim red on the time and sales does not mean a sell order and green does not mean a buy order.
Reading the tape is VERY important to gauge volume/buyers seller interest at an important reference area on a chart.
Hope you all enjoy ! :)
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Option Trading, Real Estate, Robinhood, TD Ameritrade, ThinkorSwim, Crypto & bitcoin, Entrepreneurship, Forex, or fun daily vlogs. Please let me know.
Keywords: thinkorswim, options, options trading, td amertitrade, trading, carmine rosato, stock trading, options, supply and demand, live trading, trade recap
#tradingpsychology #daytrading #tradingprofits
