SMB Training – Reading The Tape
SMB Training presents our new Reading The Tape training program for new, developing and experienced traders. This course allows traders to determine the next most likely move in a stock by examing the bids, ers, and prints. This the most important indicator used by the best active traders to trade profitably.
Reading the Tape ers you a look at the market from the most basic perspetive – supply and demand – so that you gain an edge as an intraday trader. When you read the tape you can determine whether a stock is likely to go up or down from its present price by looking stickly at the bids, the ers, and the prints.
This ability to read the most likely next move in a stock is often absent from your charts, because charts are a lagging indicator. Reading the Tape (RTT) is an important skill that all intraday traders must develop.
Most new and developing traders just learn technical analysis, a little funamental analysis and then start their trading career. Consequently, they are trading without fully developed trading skills.
Reading The Tape is…
The skill that develops 7-figure traders on our prop desk
The skill we teach to all of our firm traders in NYC
A skill that will give you a complete picture of your trading ability
A technique that has been used by successful traders ever since the beginning of markets
What You’ll Learn In Reading The Tape?
Learn the most important tool of the best active intraday traders
Use a leading indicator, Reading the Tape™, not a lagging indicator – charts
Enter at better prices to improve your risk/reward
Spot trades on the tape not seen on charts
Develop the skills necessary to participate in the most volatile markets and stocks
Improve your trading consistency
Dramatically advance your personal Sharpe Ratio
