In the last article I described two tools used by me in daytrading on US stock markets: Level II and Time and Sales. Today I will present, some of tape reading strategies based on reading from tools mentioned above, which you can use in day trading investments.
Tape Reading, reading from the tape, it’s one of daytrading strategies, which deepening can help in maximization of your profits and to reduce losses. It is trading strategy, which is well-suited in day trading investments on the stock markets. It is worth to emphasize that reading from the tape enables to capture specific setups (systems,
In the past 4 months I was testing certain modifications to the strategies I use. Considering that I didn’t actually add any new strategies – I just modified the existing ones – I didn’t do it on a minimum number of shares, opting to trade at the same level I would normally use. I also
If you start on US Stock Markets you will need to choose which Stock Quotes (Market Data) you will need. Below you will find explanations of all Day Trading Quotes for NYSE, NASDAQ and AMEX market that are available for traders. I’m sure that after this article you will know exactly what is the difference
