NexusFi: Find Your Edge


Home Menu

 





Anyone recommend material to learn how to read the tape? (i.e. level 2, timeofsales)


Discussion in Stocks and ETFs

Updated
    1. trending_up 2,355 views
    2. thumb_up 2 thanks given
    3. group 1 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
 sterling729 
Canada
 
Experience: Intermediate
Platform: Metatrader, ToS
Trading: Forex, equities, ETFs
Posts: 16 since Oct 2014
Thanks Given: 0
Thanks Received: 4

I've been reading One Good Trade and the author consistently mentions the importance of reading the tape, which he strongly believes is a much better indicator than charts. I'm wondering, does anyone here make good use of the tape? And if so, recommend any sites or material here or anywhere else where I can get a grasp of the material?

Cheers


Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
GDP Day: The First Economic Reckoning -- Pahlavi at 6.55 …
Prediction Markets & Event Contracts
Warsh Confirmed 54-45 on PPI Day -- 97% Say He Holds in …
Prediction Markets & Event Contracts
Hormuz Normalization Collapses to 19.5% -- Iran Regime F …
Prediction Markets & Event Contracts
Pakistan Mediator in Tehran as Hormuz Normalization Coll …
Prediction Markets & Event Contracts
The Feds Stagflation Trap -- Negative Payrolls, $91 Oil, …
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Sober Journey With S&P
23 thanks
2026 Jlab journal
10 thanks
Trying to learn Volume and price action correlation
8 thanks
Algo automated / semi-automated trading anyone?
6 thanks
Lady Vols Primer: Trading Volatility Journal
6 thanks
  #3 (permalink)
 
DavidHP's Avatar
 DavidHP 
Isla Mujeres, MX
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Broker: Ninjatrader / Optimus Futures / AmpFutures
Trading: NQ / ES / 6E / 6B / CL
Frequency: Every few days
Duration: Minutes
Posts: 1,801 since Aug 2009
Thanks Given: 11,742
Thanks Received: 3,018


Greetings,

Peter @DionysusToast on NexusFi (formerly BMT) has some good webinars that you could check out if you were elite.
Youtube has some links to his videos under his name "Jigsaw Trading".

If you are serious about learning the tape, there are lots of resources here but you must be an Elite Member.

If that is not your path, then the best way is to read, watch youtube videos, watch webinars by some tape readers and above all. SCREEEN TIME. Reading the tape is 80 - 90% watching the tape and creating a sense of what is about to happen. Tape reading takes time to learn... for most people that is years...

Hope this helps.


Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
Follow me on X Reply With Quote




Last Updated on October 16, 2014


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts