Reading the Tape is all you need

BellaGeneral Comments

Reading the Tape is all you need! For some trades and some traders that is. One savvy trader in an email exchange with veteran traders, said it so well: When we teach our new traders to make trade decisions, we ask them to consider 5 variables: The Big Picture Technical Analysis Reading the Tape Intraday Fundamentals Intuition On most trades … Read More

Is Reading the Tape still important?

BellaGeneral Comments

  Hi Mr. Bellafiore, I can start by saying this is a huge honor being able to write to a legend as yourself in the world of stock market trading. I read your book One Good Trade and am on the way to reading The PlayBook which are hugely influential course materials on the subject matter of trading as I’m … Read More

Using The Tape: $PRGO

sspencerGuest Blog, Reading the Tape, Sammy's BlogLeave a Comment

Reading the tape is an essential skill for actively day trading.   The tape, also known as the time and sales window, shows the trader important information about order flow.  It is a stream of data on price and volume, which are two important criteria for intra-day trading decisions .  Tape reading takes time to learn and takes practice to understand … Read More