Tape Reading: Learn how to read the tape for day trading

Learn how to read the tape, a technique of day trading veterans use to profit from the stock market every day!
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617 students enrolled
Instructed by Jose Casanova Business / Finance
$95
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  • Lectures 32
  • Contents Video: 9 hours
    Other: 5 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 3/2014 English

Course Description

The trading course that will help you master Tape Reading!

Ever wanted to know what the "secret sauce" hedge fund traders use? Ever wanted to know what these crazy rich day traders are doing to make money every day? Well, here is the answer:

They simply understand how to read the tape. There is no secret sauce, but rather a technique that has been around since the market was founded. It is not a "secret sauce" or master powerful trading system, but just the basic understanding of how to read the time and sales.

So, what is tape reading and how is it going to make me money?

Tape reading is the art of studying pure and magnified price action real time based on the Level II box. Using the tape you are able to gauge players psychology and imbalances in supply and demand. Reading the tape is a leading indicator, not like charts and indicators where they are based on past data. Tape reading is an important skill to master as an intraday trader because it allows you to see real time where there is buying and selling going on at level. This is also a very important skill because it will improve you efficiency, risk/reward ratio, and it will allow you to catch larger moves all while allowing you to take on the least amount of risk possible.

Tape reading is your edge and will put ahead of many other traders that think technical analysis is the only thing they should know. The advantages of reading the tape are that it brings consistency to your trading, it is a leading indicator, you are able to see buyers/sellers in real time, it minimizes your trading risk and it gets you in more plays that the charts don’t show you. Finally, reading the tape is about analysis the bid, offer, size, volume, and prints. With reading the tape you will be able to determine where the stock is going to move 90% of the time.

Want to see an example of what I mean by Reading the Tape? Want to see what you will learn how to do on your own? The video below is a little snippet of me explain what is happening on the tape and how I made $2,800 doing so.

Sure, it might seem a bit confusing seeing all those numbers and colors running through your screen but it is not impossible. It is really the most basic, yet important, aspect of trading-after risk management.

Tape reading will help you see what buyers and sellers are doing in real time. It helps you understand what is happening in a chart pattern. It helps you see the chart pattern form in real time. All of this will help you get an understand of the supply and demand dynamics in the stock.... in which will mean more money in your pocket.

What exactly is the Tape Reading 101 Course?

The Tape Reading 101 Course is an online educational course which is based on tape reading. It is taught in three different mediums-audio, video, and reading. First, you will read about a section on the the specific topic, then you will watch the presentation on it and after that take a quiz to test your retention of the material. By reinforcing the material three times per section, we will make sure you retain the material. This is done in four sections so you can grasp what Tape Reading is about. There are over 8 hours worth of video content and countless pages of written material for you to read. Best part of it all? You will gain access to the Tape Reading Archive database for continued practice on tape reading after you finish the course.

But seriously, what is the benefit of this?

To learn the "secret skill" that professional traders use on a day to day basis to make millions. Inside you will learn everything from what tape reading is, the level I & II, big bids, bid offers, how to execute your orders, held bids, held offers, and how to spot buy/sell programs. You will also be able to spot high frequency trading algorithms after the course. This alone will teach you the EDGE market professionals use in the markets day in and day out to steal money from the little guy. Join the pool of the sharks, as a shark.

Look...

How can you expect to succeed as a trader if you are only understanding chart patterns and not the underlying mechanics of them? Don't you want to know what institutions are doing? Don't you want to see where the order flow is going and follow it? It is a huge problem for new traders that do not know what it takes to become a Consistently Profitable Trader. They just think that memorizing a few chart patterns is the way to profitability.. but they are WRONG! Until now, there was no solution to this problem. In this online trading course we show you how to read the tape.

Tape Reading is one of the most important aspects of trading because you are able to see what is not on the charts.
Here Is Some Advice On What Helped Me Out:

-Focus on the Level I, Level II, and Prints. -Watch your trading video after the close daily and learn from your mistakes. -Learn How To spot buyers and sellers at levels... follow them.

What are some benefits of this course?

Learn the basic foundation of reading the tape Learn what the Level I and II are Learn what the prints mean Learn how to spot big bids and big offers Learn how to spot hidden buyers and sellers Learn how to spot buy and sell orders Learn the top intraday trading patterns working now Learn how to spot and follow a buy program for 4 pts on the tape Learn why speed is important to the intraday trader Learn our top trading plays Learn how to spot probabilities and trade with them via risk/reward Learn how to lower your risk Learn how to read the tape via the Level I, II, and prints. Learn setups that are not on the charts

But what makes you so qualified to teach me this?

Fair question, we are seasoned traders with over 20 years of combined stock market trading experience. We have traded different markets and have become better traders because of them. We have traded for Prop Desks and Hedge Funds in NYC and Miami. Jose, one of the partners of Bidhitter, has been featured on Time magazine online and on Business Insider: So what's included in this purchase?

-Lifetime access to a full-scale online trading course in which you will learn:

The basic foundation of reading the tape What the Level I and II are What the prints mean How to spot big bids and big offers How to spot hidden buyers and sellers How to spot buy and sell orders Thee top intraday trading patterns working now How to spot and follow a buy program for 4 pts on the tape Why speed is important to the intraday trader Our top trading plays How to spot probabilities and trade with them via risSo what are some of your other students saying about the course?k/reward How to lower your risk What held bids and offers are What refreshing means How to read the tape via the Level I, II, and prints. Setups that are not on the charts

Also, the next 5 people to order will get a few free bonuses:

-BONUS: Included are 6+ of our Tape Reading Video Tutorials ($400 Value)

So what are some of your other students saying about the course?
Jose’s Tape Reading 101 course is a know brainer for someone who is looking to improve their tape reading skills. He shows you everything you need to know to become a consistently profitable trader. I was lost when it came to reading the tape when I started out. Things moved too fast for me. I didn’t really know what a big buyer or seller looked like. Jose goes in depth about how to do all this and more in his course and more. With a little time I am now able to id the buyers and sellers and find the great risk/reward trades. Things have slowed way down with the concepts I now use and implement. I would recommend tape reading 101 to my own family if they were looking to learn how to trade. Thanks Jose
-Blake @tiderinsider2

I think a lot of people don’t want to try and learn that stuff because it seems too difficult. They just want to draw lines. I'm serious man, you have some of the best and most relevant content I’ve found. Underrated stuff.
- Speero @speerothekid

Whatever you spend on this product, you will save 10 times over in time and money, and that may be an understatement of epic proportions. Sounds like marketing, but I don't bullshit. Ask Jose for my email address, I'll expound further. Jose walks you through the universal tools of trading platforms available to the prospective trader. He then takes you through a step-by-step explanation of what they are and how to use them. Using live recorded examples he clearly explains and demonstrates the core dynamics of tape reading. Jose's tape reading library helps you refine those basics you learn with extensive examples recorded live.
- Mark - Nemo

PS: If you order now, I'll throw in $400 worth of free bonuses for you. We are limiting this to the next 5 people that purchase though, so act quick!

PSS: You will have lifetime access to this course!

What are the requirements?

  • No prerequisite knowledge is necessary
  • Access to level II data
  • Access to live market feed

What am I going to get from this course?

  • By the end of this course, you will be able to read the tape
  • Learn the basic foundation of reading the tape
  • Learn what the Level I and II are
  • Learn what the prints mean
  • Learn how to spot big bids and big offers
  • Learn how to spot hidden buyers and sellers
  • Learn how to spot buy and sell orders
  • Learn the top intraday trading patterns working now
  • Learn how to spot and follow a buy program for 4 pts on the tape
  • Learn why speed is important to the intraday trader
  • Learn our top trading plays
  • Learn how to spot probabilities and trade with them via risk/reward
  • Learn how to lower your risk
  • Learn how to read the tape via the Level I, II, and prints.
  • Learn setups that are not on the charts

What is the target audience?

  • traders
  • investors
  • day traders
  • anyone involved in the stock market

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Introduction
Introduction
Article
Assigned Reading - Introduction
Article
Introduction Lecture
Preview
35:32
Introduction Quiz
18 questions
Section 2: Level I & II
Assigned Reading - Level I & II
Article
Level I & II Lecture
14:45
Level I & II Quiz
37 questions
Section 3: Bidding, Offering, Overlapping, & Sweeping
Assigned Reading - Bidding, Offering, Overlapping, & Sweeping
Article
Bidding, Offering, Overlapping, & Sweeping Lecture
16:59
Bidding, Offering, Overlapping, & Sweeping Quiz
18 questions
Section 4: Prints
Assigned Reading - Prints
Article
Prints Lecture
01:28:35
Prints Quiz
70 questions
Section 5: Big Bids
Assigned Reading: Big Bids
Article
Big Bids Lecture
20:42
Big Bids Quiz
15 questions
Section 6: Big Offers
Assigned Reading: Big Offers
Article
Big Offers Lecture
16:21
Big Offers Quiz
15 questions
Section 7: Held Bids
Assigned Reading: Held Bids
Article
Held Bids Lecture
36:22
Held Bids Quiz
9 questions
Section 8: Held Offers
Assigned Reading: Held Offers
Article
Held Offers Lecture
34:25
Held Offers Quiz
9 questions
Section 9: Conclusion
Assigned Reading: Conclusion
Article
Conclusion Lecture
05:04
Conclusion Quiz
2 questions
Tape Reading Questions & FAQ
Article
Section 10: Bonus Materials
How to Play Opening Drive Momentum by Reading the Tape
29:42
RIMM Tape Reading Video Tutorial
46:06
How to Spot a Four Point Buy Order by Reading the Tape
25:12
KR Tape Reading Video Tutorial
38:13
How to Spot Accumulation on the Tape
36:01
How to Identify a Sell Program by Reading the Tape
01:01:10
CHK Seller Video
10:20
A Prop Traders Trading Day and How To Find In Play Stocks - Lecture
26:27
A Prop Traders Trading Day and How To Find In Play Stocks - PDF
2 pages
Slides from the course
221 pages
REVIEW!
Article
Tape Reading Archive
Article

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Instructor Biography

Jose Casanova, Hedge Fund Trader

After working on the institutional side and building several successful companies, Jose refocused on what he loves most, helping other people learn about trading and markets.

Jose has refined his institutional side methodology of trading profitably over several years to bring it to a retail audience.

You’ll find that his approach is effective.

Jose has been day trading profitably for over 5 years and has been featured in Time Magazine and Business Insider.

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