{"id":49941,"date":"2020-06-17T11:15:39","date_gmt":"2020-06-17T15:15:39","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=49941"},"modified":"2020-06-17T09:48:09","modified_gmt":"2020-06-17T13:48:09","slug":"how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape","title":{"rendered":"How to Make an Easy, Quick, and Highly Profitable Stock Trade by Reading the Tape"},"content":{"rendered":"

In this video, learn how to make an easy, quick, and highly profitable stock trade by Reading the Tape. See how a junior trader uses his tape reading skills to spot, execute, and profit on a quick trade in a hot stock.<\/p>\nView Video Transcript<\/strong><\/span>

\n
\n
\n
\n
\n
\n
in this video learn how to make an easy<\/div>\n<\/div>\n<\/div>\n
\n
\n
quick and highly profitable stock trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
by reading the tape hi I’m Mike<\/div>\n<\/div>\n<\/div>\n
\n
\n
bellafiore co-founder of SMB capital and<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re a proprietary trading firm located<\/div>\n<\/div>\n<\/div>\n
\n
\n
in midtown Manhattan and I’m also the<\/div>\n<\/div>\n<\/div>\n
\n
\n
author of the trading classic one good<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade and the playbook<\/div>\n<\/div>\n<\/div>\n
\n
\n
click our subscribe button so you don’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
miss any of the videos they’re producing<\/div>\n<\/div>\n<\/div>\n
\n
\n
for you in the trading community see how<\/div>\n<\/div>\n<\/div>\n
\n
\n
what do new trader uses his tape reading<\/div>\n<\/div>\n<\/div>\n
\n
\n
skills to spot execute and profit on the<\/div>\n<\/div>\n<\/div>\n
\n
\n
quick trade and a hot stock let’s get to<\/div>\n<\/div>\n<\/div>\n
\n
\n
work<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’ma show you guys tape just a lil bit<\/div>\n<\/div>\n<\/div>\n
\n
\n
of context here the tape that I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
showing you is the open for American<\/div>\n<\/div>\n<\/div>\n
\n
\n
Airlines and it’s capping up on this day<\/div>\n<\/div>\n<\/div>\n
\n
\n
sixteen percent as you can see up here<\/div>\n<\/div>\n<\/div>\n
\n
\n
in the top left the idea was to see if<\/div>\n<\/div>\n<\/div>\n
\n
\n
we could get a failure back into the<\/div>\n<\/div>\n<\/div>\n
\n
\n
pre-market range because we had a really<\/div>\n<\/div>\n<\/div>\n
\n
\n
big push up in the pre market that<\/div>\n<\/div>\n<\/div>\n
\n
\n
seemed pretty obviously extended and and<\/div>\n<\/div>\n<\/div>\n
\n
\n
so we were looking for a potential<\/div>\n<\/div>\n<\/div>\n
\n
\n
morning drive to the downside ideally so<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’ll go ahead and push up the tape here<\/div>\n<\/div>\n<\/div>\n
\n
\n
so you can see here al pushes into the<\/div>\n<\/div>\n<\/div>\n
\n
\n
79 large offer here and as you guys can<\/div>\n<\/div>\n<\/div>\n
\n
\n
see if I scroll down to my montage at<\/div>\n<\/div>\n<\/div>\n
\n
\n
the bottom of it there’s a 257 guy and<\/div>\n<\/div>\n<\/div>\n
\n
\n
there’s some more size that we’re gonna<\/div>\n<\/div>\n<\/div>\n
\n
\n
see here in a sec pop up so you guys can<\/div>\n<\/div>\n<\/div>\n
\n
\n
see he’s sitting here at 89 and 88 on<\/div>\n<\/div>\n<\/div>\n
\n
\n
NASDAQ obviously is pretty big so you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know we just made a bit of a move up as<\/div>\n<\/div>\n<\/div>\n
\n
\n
soon as it opens started now we’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
starting to get hammered back down a<\/div>\n<\/div>\n<\/div>\n
\n
\n
good place to be shorting against this<\/div>\n<\/div>\n<\/div>\n
\n
\n
guy you can now see a little bit of a<\/div>\n<\/div>\n<\/div>\n
\n
\n
bid here at a – as soon as 82 decrements<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s going to be a good spot to be to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
getting short that shows that the bid<\/div>\n<\/div>\n<\/div>\n
\n
\n
can’t hold so again you can see here<\/div>\n<\/div>\n<\/div>\n
\n
\n
this guy that was selling 88 that we had<\/div>\n<\/div>\n<\/div>\n
\n
\n
mentioned in the beginning now selling<\/div>\n<\/div>\n<\/div>\n
\n
\n
84 now watch this guy and he said 80<\/div>\n<\/div>\n<\/div>\n
\n
\n
he’s stepping down<\/div>\n<\/div>\n<\/div>\n
\n
\n
you can see so we have some bits down at<\/div>\n<\/div>\n<\/div>\n
\n
\n
60 here’s something a little bit of<\/div>\n<\/div>\n<\/div>\n
\n
\n
support down they’re going to be putting<\/div>\n<\/div>\n<\/div>\n
\n
\n
out some if you got that shored up there<\/div>\n<\/div>\n<\/div>\n
\n
\n
you can see again he’s still sitting<\/div>\n<\/div>\n<\/div>\n
\n
\n
here at 1680 so I mean you should be<\/div>\n<\/div>\n<\/div>\n
\n
\n
offering out in front of 79 now can you<\/div>\n<\/div>\n<\/div>\n
\n
\n
just stop the tape for a second so let’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
talk about stock selection what gets you<\/div>\n<\/div>\n<\/div>\n
\n
\n
to be looking at this stock on this<\/div>\n<\/div>\n<\/div>\n
\n
\n
particular day at this particular time<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah that’s a good question so you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
generally if you’re looking for a tape<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade in the morning you want to see<\/div>\n<\/div>\n<\/div>\n
\n
\n
momentum you want to see break of offers<\/div>\n<\/div>\n<\/div>\n
\n
\n
break a bit so how can we find that we<\/div>\n<\/div>\n<\/div>\n
\n
\n
generally can find momentum stocks that<\/div>\n<\/div>\n<\/div>\n
\n
\n
are having large gaps<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know because generally they they<\/div>\n<\/div>\n<\/div>\n
\n
\n
want to fill the gap one direction or<\/div>\n<\/div>\n<\/div>\n
\n
\n
another people are going to readjust the<\/div>\n<\/div>\n<\/div>\n
\n
\n
positions and so we can spot where some<\/div>\n<\/div>\n<\/div>\n
\n
\n
guys are are trying to get in or trying<\/div>\n<\/div>\n<\/div>\n
\n
\n
to get out of the name and especially<\/div>\n<\/div>\n<\/div>\n
\n
\n
its key here it’s it’s gapping up a lot<\/div>\n<\/div>\n<\/div>\n
\n
\n
and it’s going into SSR so that to us is<\/div>\n<\/div>\n<\/div>\n
\n
\n
a key factor in this in this stock<\/div>\n<\/div>\n<\/div>\n
\n
\n
selection because we like us to star we<\/div>\n<\/div>\n<\/div>\n
\n
\n
want to see somebody is stuck you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
in their position then what they need to<\/div>\n<\/div>\n<\/div>\n
\n
\n
get out and and of course al is an in<\/div>\n<\/div>\n<\/div>\n
\n
\n
play momentum name our balls 25 at the<\/div>\n<\/div>\n<\/div>\n
\n
\n
open I mean so when you say ask the star<\/div>\n<\/div>\n<\/div>\n
\n
\n
what do you mean by that well it<\/div>\n<\/div>\n<\/div>\n
\n
\n
basically means you can only short on an<\/div>\n<\/div>\n<\/div>\n
\n
\n
uptick meaning you can’t be selling on a<\/div>\n<\/div>\n<\/div>\n
\n
\n
downtick so that puts people in a<\/div>\n<\/div>\n<\/div>\n
\n
\n
situation where as soon as the stock<\/div>\n<\/div>\n<\/div>\n
\n
\n
starts going down you start seeing a<\/div>\n<\/div>\n<\/div>\n
\n
\n
little more panic you’re gonna see all<\/div>\n<\/div>\n<\/div>\n
\n
\n
four stacks we’re gonna want to get out<\/div>\n<\/div>\n<\/div>\n
\n
\n
they can only sell in the offered so it<\/div>\n<\/div>\n<\/div>\n
\n
\n
puts them in a tough situation for the<\/div>\n<\/div>\n<\/div>\n
\n
\n
exit okay and in terms of when you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
preparing for this on your charts what<\/div>\n<\/div>\n<\/div>\n
\n
\n
do you think about where this is on our<\/div>\n<\/div>\n<\/div>\n
\n
\n
daily charts or medium-term charts that<\/div>\n<\/div>\n<\/div>\n
\n
\n
gets you interested in this stock yeah<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s a good question so um you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
again with a 16 percent up move<\/div>\n<\/div>\n<\/div>\n
\n
\n
obviously I’m not showing you guys the<\/div>\n<\/div>\n<\/div>\n
\n
\n
chart here you can imagine that there’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
a big gap in the chart and that’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
exactly what’s happening in this<\/div>\n<\/div>\n<\/div>\n
\n
\n
situation is we had a parabolic move on<\/div>\n<\/div>\n<\/div>\n
\n
\n
al because there was it’s coming off low<\/div>\n<\/div>\n<\/div>\n
\n
\n
as shorts were getting squeezed<\/div>\n<\/div>\n<\/div>\n
\n
\n
and as soon as we had the parabolic move<\/div>\n<\/div>\n<\/div>\n
\n
\n
to the upside we started seeing some<\/div>\n<\/div>\n<\/div>\n
\n
\n
selling pressure obviously and so we<\/div>\n<\/div>\n<\/div>\n
\n
\n
would gap down a lot and then we would<\/div>\n<\/div>\n<\/div>\n
\n
\n
start gapping up a lot I mean there was<\/div>\n<\/div>\n<\/div>\n
\n
\n
a lot of movement in the name so the<\/div>\n<\/div>\n<\/div>\n
\n
\n
daily and you know as a good way to put<\/div>\n<\/div>\n<\/div>\n
\n
\n
it it has a wide range right now if you<\/div>\n<\/div>\n<\/div>\n
\n
\n
want to learn three real-world setups<\/div>\n<\/div>\n<\/div>\n
\n
\n
that our traders use including the<\/div>\n<\/div>\n<\/div>\n
\n
\n
simple setup that we teach all of our<\/div>\n<\/div>\n<\/div>\n
\n
\n
new traders and the setup that turned<\/div>\n<\/div>\n<\/div>\n
\n
\n
one of our traders into a seven-figure<\/div>\n<\/div>\n<\/div>\n
\n
\n
big money earner check out the free<\/div>\n<\/div>\n<\/div>\n
\n
\n
webinar that we’re currently running<\/div>\n<\/div>\n<\/div>\n
\n
\n
just go ahead and click the link that<\/div>\n<\/div>\n<\/div>\n
\n
\n
should be appearing right now at the top<\/div>\n<\/div>\n<\/div>\n
\n
\n
right hand corner of your screen that’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna open up this free registration<\/div>\n<\/div>\n<\/div>\n
\n
\n
page in the new window so don’t worry<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re not gonna lose this video you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna learn more in a couple of hours<\/div>\n<\/div>\n<\/div>\n
\n
\n
from this trading workshop then from<\/div>\n<\/div>\n<\/div>\n
\n
\n
years of online education and so now<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re gonna look at the tape because<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’ve selected a good stock to trade and<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re gonna practice our scalping our<\/div>\n<\/div>\n<\/div>\n
\n
\n
momentum trading we pushed up we opened<\/div>\n<\/div>\n<\/div>\n
\n
\n
at 82 1682 so we made it move up off the<\/div>\n<\/div>\n<\/div>\n
\n
\n
open like we should all we saw him to<\/div>\n<\/div>\n<\/div>\n
\n
\n
take there and our gold back below the<\/div>\n<\/div>\n<\/div>\n
\n
\n
opening print so we’re back below the<\/div>\n<\/div>\n<\/div>\n
\n
\n
opening print we’re watching some offer<\/div>\n<\/div>\n<\/div>\n
\n
\n
stack we had him at 80 now we’re seeing<\/div>\n<\/div>\n<\/div>\n
\n
\n
him at 72 we install him at 84 so we’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna follow this guy and look now he’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
snacking even more or 72 this is key<\/div>\n<\/div>\n<\/div>\n
\n
\n
right here now we’re seeing some you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know some real selling pressure here now<\/div>\n<\/div>\n<\/div>\n
\n
\n
people are front-running 72<\/div>\n<\/div>\n<\/div>\n
\n
\n
again now he’s setting out in 67 he’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
trying to get out<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then if I can cut in what’s the<\/div>\n<\/div>\n<\/div>\n
\n
\n
significant to you of this being below<\/div>\n<\/div>\n<\/div>\n
\n
\n
the opening print well when you have a<\/div>\n<\/div>\n<\/div>\n
\n
\n
stock gapping up a lot obviously we want<\/div>\n<\/div>\n<\/div>\n
\n
\n
to use some important inflection points<\/div>\n<\/div>\n<\/div>\n
\n
\n
but when you have a wide range on the<\/div>\n<\/div>\n<\/div>\n
\n
\n
daily a good way to determine if a stock<\/div>\n<\/div>\n<\/div>\n
\n
\n
is strong or weak especially on a gap up<\/div>\n<\/div>\n<\/div>\n
\n
\n
is to determine whether the stock is<\/div>\n<\/div>\n<\/div>\n
\n
\n
open is above or below the opening print<\/div>\n<\/div>\n<\/div>\n
\n
\n
because that just generally shows you<\/div>\n<\/div>\n<\/div>\n
\n
\n
whether the buyer’s or seller’s are in<\/div>\n<\/div>\n<\/div>\n
\n
\n
control since the open obviously you can<\/div>\n<\/div>\n<\/div>\n
\n
\n
use V WAP but I mean this it’s a good<\/div>\n<\/div>\n<\/div>\n
\n
\n
metric when things are moving fast and<\/div>\n<\/div>\n<\/div>\n
\n
\n
view up hasn’t really been established<\/div>\n<\/div>\n<\/div>\n
\n
\n
yet okay great thank you back to the<\/div>\n<\/div>\n<\/div>\n
\n
\n
tape so 59 stacking 58 stacking he’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
stepping down and 57 now stepping on 56<\/div>\n<\/div>\n<\/div>\n
\n
\n
55 and you can see him he’s stacking the<\/div>\n<\/div>\n<\/div>\n
\n
\n
whole way he’s trying to get out<\/div>\n<\/div>\n<\/div>\n
\n
\n
so you can see here now there’s a guy<\/div>\n<\/div>\n<\/div>\n
\n
\n
stacking in 42 but let’s let’s watch now<\/div>\n<\/div>\n<\/div>\n
\n
\n
the low is 40 I have it here on my on my<\/div>\n<\/div>\n<\/div>\n
\n
\n
level 1 it shows me the low so as the<\/div>\n<\/div>\n<\/div>\n
\n
\n
little gets pierced let’s kind of see<\/div>\n<\/div>\n<\/div>\n
\n
\n
how the tape is starting to react it<\/div>\n<\/div>\n<\/div>\n
\n
\n
speeds up we start seeing somehow bits<\/div>\n<\/div>\n<\/div>\n
\n
\n
and what I mean by that is that we what<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re starting to see is is bids staying<\/div>\n<\/div>\n<\/div>\n
\n
\n
there for more time than we’re expecting<\/div>\n<\/div>\n<\/div>\n
\n
\n
for the amount of allign we’re doing<\/div>\n<\/div>\n<\/div>\n
\n
\n
generally that tells us there’s probably<\/div>\n<\/div>\n<\/div>\n
\n
\n
hit in order there or something that’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
kind of you know holding up that price<\/div>\n<\/div>\n<\/div>\n
\n
\n
so again we’re pushing new lows here<\/div>\n<\/div>\n<\/div>\n
\n
\n
with 1625 1625 is holding we start<\/div>\n<\/div>\n<\/div>\n
\n
\n
seeing these offers at 27 remember we’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
looking for an exit signal at this point<\/div>\n<\/div>\n<\/div>\n
\n
\n
now we’re you know at 16 20 25 and we<\/div>\n<\/div>\n<\/div>\n
\n
\n
opened up you know at 16 82 so we’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
pretty excited from the high we’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
pretty excited from the open for such a<\/div>\n<\/div>\n<\/div>\n
\n
\n
quick move what we want to see here down<\/div>\n<\/div>\n<\/div>\n
\n
\n
as this stock gets lower is we want to<\/div>\n<\/div>\n<\/div>\n
\n
\n
see for a potential larger large bid to<\/div>\n<\/div>\n<\/div>\n
\n
\n
start holding us or a help bid to start<\/div>\n<\/div>\n<\/div>\n
\n
\n
holding us up and then for confirmation<\/div>\n<\/div>\n<\/div>\n
\n
\n
of that of that bid we want to see an<\/div>\n<\/div>\n<\/div>\n
\n
\n
offer above that he’ll bid that gets<\/div>\n<\/div>\n<\/div>\n
\n
\n
cracked and breaks to the upside that<\/div>\n<\/div>\n<\/div>\n
\n
\n
tells us that those sellers can hold it<\/div>\n<\/div>\n<\/div>\n
\n
\n
down anymore<\/div>\n<\/div>\n<\/div>\n
\n
\n
so again we’re still seeing that seller<\/div>\n<\/div>\n<\/div>\n
\n
\n
there on that Jax he’s so hundred and<\/div>\n<\/div>\n<\/div>\n
\n
\n
thirty now<\/div>\n<\/div>\n<\/div>\n
\n
\n
so you can see now all those offers<\/div>\n<\/div>\n<\/div>\n
\n
\n
they’re completely bold they’ll be put<\/div>\n<\/div>\n<\/div>\n
\n
\n
in the low there of 1650 and I can see<\/div>\n<\/div>\n<\/div>\n
\n
\n
on my level one there we see 16 15 is<\/div>\n<\/div>\n<\/div>\n
\n
\n
the low and now we’re 10 cents off the<\/div>\n<\/div>\n<\/div>\n
\n
\n
low we just saw some massive offers get<\/div>\n<\/div>\n<\/div>\n
\n
\n
completely sweep tout now I’m I want to<\/div>\n<\/div>\n<\/div>\n
\n
\n
be out of my momentum my months unsure<\/div>\n<\/div>\n<\/div>\n
\n
\n
at this point you can see this is then<\/div>\n<\/div>\n<\/div>\n
\n
\n
the move they’re actually and that ends<\/div>\n<\/div>\n<\/div>\n
\n
\n
up being the low for for quite some time<\/div>\n<\/div>\n<\/div>\n
\n
\n
okay good couple of points about this<\/div>\n<\/div>\n<\/div>\n
\n
\n
when you’re starting off as a trader a<\/div>\n<\/div>\n<\/div>\n
\n
\n
couple of very easy strategies to learn<\/div>\n<\/div>\n<\/div>\n
\n
\n
a scalping and momentum trading and<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re gonna see people all over Twitter<\/div>\n<\/div>\n<\/div>\n
\n
\n
tell you you can’t make a lot of money<\/div>\n<\/div>\n<\/div>\n
\n
\n
scalping and momentum trading I would<\/div>\n<\/div>\n<\/div>\n
\n
\n
just say if you want it we won’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
actually really do this but if you want<\/div>\n<\/div>\n<\/div>\n
\n
\n
to see Swank’s P&L you’re welcome to<\/div>\n<\/div>\n<\/div>\n
\n
\n
come over and actually take a look at it<\/div>\n<\/div>\n<\/div>\n
\n
\n
again we’re not actually really gonna<\/div>\n<\/div>\n<\/div>\n
\n
\n
show it to you my point is there are<\/div>\n<\/div>\n<\/div>\n
\n
\n
people that make more than 5 million<\/div>\n<\/div>\n<\/div>\n
\n
\n
dollars a year and a year like this who<\/div>\n<\/div>\n<\/div>\n
\n
\n
are momentum trading and scalping don’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
let anyone tell you that that’s not a<\/div>\n<\/div>\n<\/div>\n
\n
\n
way to make a lot of money but taking a<\/div>\n<\/div>\n<\/div>\n
\n
\n
half a step back from that when you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
thinking about developing as a trader<\/div>\n<\/div>\n<\/div>\n
\n
\n
when you thinking about starting as a<\/div>\n<\/div>\n<\/div>\n
\n
\n
trader you wanna think about the right<\/div>\n<\/div>\n<\/div>\n
\n
\n
way to do it you want to think about<\/div>\n<\/div>\n<\/div>\n
\n
\n
building skills so you can build a<\/div>\n<\/div>\n<\/div>\n
\n
\n
career learning how to read the tape<\/div>\n<\/div>\n<\/div>\n
\n
\n
learning how to scalp learning how to<\/div>\n<\/div>\n<\/div>\n
\n
\n
momentum trade is a very valuable way to<\/div>\n<\/div>\n<\/div>\n
\n
\n
they’re very valuable skills and it’s a<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s an important way that you can learn<\/div>\n<\/div>\n<\/div>\n
\n
\n
how to trade at the beginning it’s a<\/div>\n<\/div>\n<\/div>\n
\n
\n
little bit easier to understand it’s a<\/div>\n<\/div>\n<\/div>\n
\n
\n
little bit easier to explain very<\/div>\n<\/div>\n<\/div>\n
\n
\n
worthwhile way to start going about<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading there gonna be some people who<\/div>\n<\/div>\n<\/div>\n
\n
\n
after they scalp and then momentum trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
find but that’s not the best<\/div>\n<\/div>\n<\/div>\n
\n
\n
type of trading for them and that’s fine<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is a journey this is a process you<\/div>\n<\/div>\n<\/div>\n
\n
\n
shouldn’t think all you’re going to do<\/div>\n<\/div>\n<\/div>\n
\n
\n
as a trader is learn one strategy and<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s going to be make it or break it<\/div>\n<\/div>\n<\/div>\n
\n
\n
for you as a trader you should be<\/div>\n<\/div>\n<\/div>\n
\n
\n
prepared to develop some range and<\/div>\n<\/div>\n<\/div>\n
\n
\n
experiment with different types of<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading but really good way to start<\/div>\n<\/div>\n<\/div>\n
\n
\n
your career as a new and developing<\/div>\n<\/div>\n<\/div>\n
\n
\n
trader a really good way to build skills<\/div>\n<\/div>\n<\/div>\n
\n
\n
for any type of trader that you become<\/div>\n<\/div>\n<\/div>\n
\n
\n
like so let’s say that you decide you<\/div>\n<\/div>\n<\/div>\n
\n
\n
don’t want to be a scalper momentum<\/div>\n<\/div>\n<\/div>\n
\n
\n
trader you want to be a swing trader<\/div>\n<\/div>\n<\/div>\n
\n
\n
well you’re scalping your momentum<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading your tape reading skills will<\/div>\n<\/div>\n<\/div>\n
\n
\n
help you to build really good swing<\/div>\n<\/div>\n<\/div>\n
\n
\n
positions at better prices and exit at<\/div>\n<\/div>\n<\/div>\n
\n
\n
better prices as well it’ll help you to<\/div>\n<\/div>\n<\/div>\n
\n
\n
get bigger at spots it’ll help you to<\/div>\n<\/div>\n<\/div>\n
\n
\n
cut risk even with your big picture<\/div>\n<\/div>\n<\/div>\n
\n
\n
swing trades so shark is gonna make a<\/div>\n<\/div>\n<\/div>\n
\n
\n
lot of bigger picture swing trades but<\/div>\n<\/div>\n<\/div>\n
\n
\n
use his swing trade the use of scalping<\/div>\n<\/div>\n<\/div>\n
\n
\n
his tape breeding his momentum trading<\/div>\n<\/div>\n<\/div>\n
\n
\n
skills to put on his bigger picture<\/div>\n<\/div>\n<\/div>\n
\n
\n
trades and make cash flow while he’s in<\/div>\n<\/div>\n<\/div>\n
\n
\n
the middle of it and cut his risk while<\/div>\n<\/div>\n<\/div>\n
\n
\n
he’s in the middle of it and so very<\/div>\n<\/div>\n<\/div>\n
\n
\n
effective for swing traders as well I’d<\/div>\n<\/div>\n<\/div>\n
\n
\n
also say that markets change there are<\/div>\n<\/div>\n<\/div>\n
\n
\n
different market regimes when volatility<\/div>\n<\/div>\n<\/div>\n
\n
\n
is elevated there are going to be a lot<\/div>\n<\/div>\n<\/div>\n
\n
\n
of swing traders who sit around and<\/div>\n<\/div>\n<\/div>\n
\n
\n
complain about the market and struggle<\/div>\n<\/div>\n<\/div>\n
\n
\n
in the market because of the volatility<\/div>\n<\/div>\n<\/div>\n
\n
\n
of course if you have really good<\/div>\n<\/div>\n<\/div>\n
\n
\n
momentum trading skills when volatility<\/div>\n<\/div>\n<\/div>\n
\n
\n
is really elevated you’ll clean up he’ll<\/div>\n<\/div>\n<\/div>\n
\n
\n
do really well and even if you’re not<\/div>\n<\/div>\n<\/div>\n
\n
\n
first the momentum trader and you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
more of a swing trader when volatilities<\/div>\n<\/div>\n<\/div>\n
\n
\n
spikes you may want to for a short<\/div>\n<\/div>\n<\/div>\n
\n
\n
period of time<\/div>\n<\/div>\n<\/div>\n
\n
\n
go back to your momentum trading even if<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re a swing trader because the<\/div>\n<\/div>\n<\/div>\n
\n
\n
opportunity is so large<\/div>\n<\/div>\n<\/div>\n
\n
\n
for that and so you know good to have<\/div>\n<\/div>\n<\/div>\n
\n
\n
these skills right now and you know we<\/div>\n<\/div>\n<\/div>\n
\n
\n
just recently hit another pocket or<\/div>\n<\/div>\n<\/div>\n
\n
\n
volatility spiked and you can see even<\/div>\n<\/div>\n<\/div>\n
\n
\n
some of our swing traders do some more<\/div>\n<\/div>\n<\/div>\n
\n
\n
momentum trading and so and then the<\/div>\n<\/div>\n<\/div>\n
\n
\n
other thing is what I really like about<\/div>\n<\/div>\n<\/div>\n
\n
\n
what Nano does here is this is a great<\/div>\n<\/div>\n<\/div>\n
\n
\n
exercise to get better at your tape<\/div>\n<\/div>\n<\/div>\n
\n
\n
reading skills which is you record your<\/div>\n<\/div>\n<\/div>\n
\n
\n
screens and then you go back and you<\/div>\n<\/div>\n<\/div>\n
\n
\n
watch for the significant moments that<\/div>\n<\/div>\n<\/div>\n
\n
\n
caused stocks to make big moves in one<\/div>\n<\/div>\n<\/div>\n
\n
\n
direction and then you find was<\/div>\n<\/div>\n<\/div>\n
\n
\n
significant the tape and so you know you<\/div>\n<\/div>\n<\/div>\n
\n
\n
might look at the tape for four hours in<\/div>\n<\/div>\n<\/div>\n
\n
\n
one particular day and there only might<\/div>\n<\/div>\n<\/div>\n
\n
\n
be 10 minutes that really caused you to<\/div>\n<\/div>\n<\/div>\n
\n
\n
get super interested but in that 10<\/div>\n<\/div>\n<\/div>\n
\n
\n
minutes you could really clean up you<\/div>\n<\/div>\n<\/div>\n
\n
\n
can really make a lot of money if you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
focused and and the other thing and<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’ll talk about this a little bit later<\/div>\n<\/div>\n<\/div>\n
\n
\n
on one of the reviews is that I really<\/div>\n<\/div>\n<\/div>\n
\n
\n
like for you guys as best as you can to<\/div>\n<\/div>\n<\/div>\n
\n
\n
take the recorded video of reading the<\/div>\n<\/div>\n<\/div>\n
\n
\n
tape like nano does here and embed that<\/div>\n<\/div>\n<\/div>\n
\n
\n
into your PlayBook trades one thing to<\/div>\n<\/div>\n<\/div>\n
\n
\n
have a playbook trade another thing to<\/div>\n<\/div>\n<\/div>\n
\n
\n
have a playbook trade with also recorded<\/div>\n<\/div>\n<\/div>\n
\n
\n
tape that we can watch of the trade of<\/div>\n<\/div>\n<\/div>\n
\n
\n
reading the tape to put that into your<\/div>\n<\/div>\n<\/div>\n
\n
\n
PlayBook<\/div>\n<\/div>\n<\/div>\n
\n
\n
for certain types of trades and so if in<\/div>\n<\/div>\n<\/div>\n
\n
\n
one of your playable trades the tape is<\/div>\n<\/div>\n<\/div>\n
\n
\n
particularly significant to embed that<\/div>\n<\/div>\n<\/div>\n
\n
\n
into your PlayBook trade makes that even<\/div>\n<\/div>\n<\/div>\n
\n
\n
better so you know for the market imp<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re in right now scalping momentum<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading is very opportunistic<\/div>\n<\/div>\n<\/div>\n
\n
\n
particularly in the airlines the cruise<\/div>\n<\/div>\n<\/div>\n
\n
\n
lines some of the hotel names now I<\/div>\n<\/div>\n<\/div>\n
\n
\n
think you’re doing a lot of scalping and<\/div>\n<\/div>\n<\/div>\n
\n
\n
momentum trading in those names right<\/div>\n<\/div>\n<\/div>\n
\n
\n
now yeah that’s right I am<\/div>\n<\/div>\n<\/div>\n
\n
\n
and I think a lot of other people are as<\/div>\n<\/div>\n<\/div>\n
\n
\n
well and so look if volatility goes back<\/div>\n<\/div>\n<\/div>\n
\n
\n
to 12 the VIX goes back to 12 we will<\/div>\n<\/div>\n<\/div>\n
\n
\n
not put as much emphasis on momentum<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading and reading the table we may<\/div>\n<\/div>\n<\/div>\n
\n
\n
make use it more for entry and for exit<\/div>\n<\/div>\n<\/div>\n
\n
\n
and and not as much for what your what<\/div>\n<\/div>\n<\/div>\n
\n
\n
you did here which is almost a signal<\/div>\n<\/div>\n<\/div>\n
\n
\n
almost a catalyst for the trade almost<\/div>\n<\/div>\n<\/div>\n
\n
\n
using the tape you know but you know you<\/div>\n<\/div>\n<\/div>\n
\n
\n
did a good job of stock selection you<\/div>\n<\/div>\n<\/div>\n
\n
\n
did a good job understanding where the<\/div>\n<\/div>\n<\/div>\n
\n
\n
stock was in the overall daily chart but<\/div>\n<\/div>\n<\/div>\n
\n
\n
then you know the catalyst is almost<\/div>\n<\/div>\n<\/div>\n
\n
\n
becoming unusual information from the<\/div>\n<\/div>\n<\/div>\n
\n
\n
level to from reading the tape that you<\/div>\n<\/div>\n<\/div>\n
\n
\n
can follow and you did and it can make a<\/div>\n<\/div>\n<\/div>\n
\n
\n
good nice little chop and move on to<\/div>\n<\/div>\n<\/div>\n
\n
\n
your next particular trade so for the<\/div>\n<\/div>\n<\/div>\n
\n
\n
younger guys record your screens do a<\/div>\n<\/div>\n<\/div>\n
\n
\n
good job like nano does right here by<\/div>\n<\/div>\n<\/div>\n
\n
\n
making videos like this so we can all<\/div>\n<\/div>\n<\/div>\n
\n
\n
learn from and pass them around that’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
what we do these 12:30 sessions and and<\/div>\n<\/div>\n<\/div>\n
\n
\n
build those skills there they’re super<\/div>\n<\/div>\n<\/div>\n
\n
\n
super important to becoming a trader<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s not gonna be the only thing that we<\/div>\n<\/div>\n<\/div>\n
\n
\n
use to make trade decisions we’re not<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna sit here and say we’re gonna build<\/div>\n<\/div>\n<\/div>\n
\n
\n
the trading career by you noticing a<\/div>\n<\/div>\n<\/div>\n
\n
\n
large offer you’re gonna build a trading<\/div>\n<\/div>\n<\/div>\n
\n
\n
career by noticing a big bit what we are<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna do is say when a stock is really<\/div>\n<\/div>\n<\/div>\n
\n
\n
in play and when the market end or if<\/div>\n<\/div>\n<\/div>\n
\n
\n
the markets pretty volatile there’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna be money to be made by noticing<\/div>\n<\/div>\n<\/div>\n
\n
\n
these Abner Abner a let\u00eds these this on<\/div>\n<\/div>\n<\/div>\n
\n
\n
these unusual orders this unusual order<\/div>\n<\/div>\n<\/div>\n
\n
\n
flow from reading the tape which you can<\/div>\n<\/div>\n<\/div>\n
\n
\n
take advantage of and and you can make<\/div>\n<\/div>\n<\/div>\n
\n
\n
money on and so I wrote about this and<\/div>\n<\/div>\n<\/div>\n
\n
\n
one of the books I wrote which is that<\/div>\n<\/div>\n<\/div>\n
\n
\n
when you do make a lot of money in plays<\/div>\n<\/div>\n<\/div>\n
\n
\n
like this and you get paid and you take<\/div>\n<\/div>\n<\/div>\n
\n
\n
your check to the bank<\/div>\n<\/div>\n<\/div>\n
\n
\n
they’re not going to say to you we can’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
cash this check because you made it<\/div>\n<\/div>\n<\/div>\n
\n
\n
reading the tape they’re gonna cash the<\/div>\n<\/div>\n<\/div>\n
\n
\n
check this is a way that people really<\/div>\n<\/div>\n<\/div>\n
\n
\n
can clean up as traders so we’ll spend<\/div>\n<\/div>\n<\/div>\n
\n
\n
some more time developing these skills<\/div>\n<\/div>\n<\/div>\n
\n
\n
spend some more time working on it a<\/div>\n<\/div>\n<\/div>\n
\n
\n
good example right here from reading the<\/div>\n<\/div>\n<\/div>\n
\n
\n
tape that we can learn from appreciate<\/div>\n<\/div>\n<\/div>\n
\n
\n
your your video here nano yeah so animal<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’ll let you get back to training thank<\/div>\n<\/div>\n<\/div>\n
\n
\n
you yeah okay hey go ahead and click our<\/div>\n<\/div>\n<\/div>\n
\n
\n
subscribe button so you don’t miss any<\/div>\n<\/div>\n<\/div>\n
\n
\n
of the videos they were producing for<\/div>\n<\/div>\n<\/div>\n
\n
\n
you in the trading community and please<\/div>\n<\/div>\n<\/div>\n
\n
\n
take the time to add your feedback in<\/div>\n<\/div>\n<\/div>\n
\n
\n
the comment section for what videos<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’d like for us to produce next and<\/div>\n<\/div>\n<\/div>\n
\n
\n
what you found helpful from this video<\/div>\n<\/div>\n<\/div>\n
\n
\n
from all of us at SMB train and trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
well<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\"\"<\/a><\/p>\n

* no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"

In this video, learn how to make an easy, quick, and highly profitable stock trade by Reading the Tape. See how a junior trader uses his tape reading skills to spot, execute, and profit on a quick trade in a hot stock. * no relevant positions<\/p>\n","protected":false},"author":290,"featured_media":49942,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[4189],"tags":[],"class_list":["post-49941","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-free-daily-trading-video","post_format-post-format-video"],"yoast_head":"\nHow to Make an Easy, Quick, and Highly Profitable Stock Trade by Reading the Tape | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Make an Easy, Quick, and Highly Profitable Stock Trade by Reading the Tape | SMB Training\" \/>\n<meta property=\"og:description\" content=\"In this video, learn how to make an easy, quick, and highly profitable stock trade by Reading the Tape. See how a junior trader uses his tape reading skills to spot, execute, and profit on a quick trade in a hot stock. * no relevant positions\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-17T15:15:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/06\/quick-profitable-trades-RTT2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"smbcapital\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"smbcapital\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"15 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape\"},\"author\":{\"name\":\"smbcapital\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a\"},\"headline\":\"How to Make an Easy, Quick, and Highly Profitable Stock Trade by Reading the Tape\",\"datePublished\":\"2020-06-17T15:15:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape\"},\"wordCount\":3248,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/06\/quick-profitable-trades-RTT2.jpg\",\"articleSection\":[\"Free Daily Trading Video\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape\",\"name\":\"How to Make an Easy, Quick, and Highly Profitable Stock Trade by Reading the Tape | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/06\/quick-profitable-trades-RTT2.jpg\",\"datePublished\":\"2020-06-17T15:15:39+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape#primaryimage\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/06\/quick-profitable-trades-RTT2.jpg\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/06\/quick-profitable-trades-RTT2.jpg\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How to Make an Easy, Quick, and Highly Profitable Stock Trade by Reading the Tape\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"name\":\"SMB Training Blog\",\"description\":\"Lessons from the trading desk\",\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\",\"name\":\"SMB Training\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"width\":230,\"height\":81,\"caption\":\"SMB Training\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/smbcap\/\",\"https:\/\/x.com\/smbcapital\",\"https:\/\/www.youtube.com\/user\/smbcapital\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a\",\"name\":\"smbcapital\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/author\/smbcapital\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How to Make an Easy, Quick, and Highly Profitable Stock Trade by Reading the Tape | SMB Training","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape","og_locale":"en_US","og_type":"article","og_title":"How to Make an Easy, Quick, and Highly Profitable Stock Trade by Reading the Tape | SMB Training","og_description":"In this video, learn how to make an easy, quick, and highly profitable stock trade by Reading the Tape. See how a junior trader uses his tape reading skills to spot, execute, and profit on a quick trade in a hot stock. * no relevant positions","og_url":"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_published_time":"2020-06-17T15:15:39+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/06\/quick-profitable-trades-RTT2.jpg","type":"image\/jpeg"}],"author":"smbcapital","twitter_card":"summary_large_image","twitter_creator":"@smbcapital","twitter_site":"@smbcapital","twitter_misc":{"Written by":"smbcapital","Est. reading time":"15 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape#article","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape"},"author":{"name":"smbcapital","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a"},"headline":"How to Make an Easy, Quick, and Highly Profitable Stock Trade by Reading the Tape","datePublished":"2020-06-17T15:15:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape"},"wordCount":3248,"publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape#primaryimage"},"thumbnailUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/06\/quick-profitable-trades-RTT2.jpg","articleSection":["Free Daily Trading Video"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape","url":"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape","name":"How to Make an Easy, Quick, and Highly Profitable Stock Trade by Reading the Tape | SMB Training","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape#primaryimage"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape#primaryimage"},"thumbnailUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/06\/quick-profitable-trades-RTT2.jpg","datePublished":"2020-06-17T15:15:39+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape#primaryimage","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/06\/quick-profitable-trades-RTT2.jpg","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/06\/quick-profitable-trades-RTT2.jpg","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/how-to-make-an-easy-quick-and-highly-profitable-stock-trade-by-reading-the-tape#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"How to Make an Easy, Quick, and Highly Profitable Stock Trade by Reading the Tape"}]},{"@type":"WebSite","@id":"https:\/\/www.smbtraining.com\/blog\/#website","url":"https:\/\/www.smbtraining.com\/blog\/","name":"SMB Training Blog","description":"Lessons from the trading desk","publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.smbtraining.com\/blog\/#organization","name":"SMB Training","url":"https:\/\/www.smbtraining.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","width":230,"height":81,"caption":"SMB Training"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/smbcap\/","https:\/\/x.com\/smbcapital","https:\/\/www.youtube.com\/user\/smbcapital"]},{"@type":"Person","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a","name":"smbcapital","url":"https:\/\/www.smbtraining.com\/blog\/author\/smbcapital"}]}},"_links":{"self":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/49941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/users\/290"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/comments?post=49941"}],"version-history":[{"count":1,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/49941\/revisions"}],"predecessor-version":[{"id":49943,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/49941\/revisions\/49943"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media\/49942"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=49941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/categories?post=49941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/tags?post=49941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}