How to Trade Breakouts with Nasdaq Level 2 Signal: Day Trading | Live Day Trading Recap

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#daytrading #BearBulltraders #AndrewAziz #Stocks #Learntotrade

[@kundrew1990]

I think its a good idea to share your travels with the recap...Thanks for all you do.

[@BearBullTraders]

Great, thanks!

[@floydtech]

Thanks for taking the time Andrew, it was really good to hear the recap and nice work!

[@BearBullTraders]

Thanks for watching!

[@non-randomwalker4579]

Thanks, this was very nice and educating ! Explaining how you set your stop-loss levels in each trade would be nice bonus.

[@BearBullTraders]

For sure! Glad you liked it!

[@darkmxhishot7475]

But, if the ask do not get taken then the price will not go up, no?

[@greghuxtable7631]

Excellent recap...the walkabout in the beginning was a nice touch!

[@BearBullTraders]

Glad you liked it!

[@AmrTX2015]

Ok Ok I guess I am finally getting the hang of it after reading your 1st book and practicing for almost a year with both paper and real money, today I made $460 in 5 minutes in my paper money account trading XPEV after I identified it as a good opportunity, I entered exactly at the point when you added heavily 9:45 am, but of course, I got out very early a typical beginner's mistake. I will now read your advanced techniques book. thanks for sharing.

[@BearBullTraders]

Great Job! Would you mind writing your honest review on amazon.com? I very much appreciate that!

[@laurah4256]

Thanks for this more educational recap, it was very helpful!

[@BearBullTraders]

Glad it was helpful!

[@newbc9806]

Liking the clarification on the level 2. Reflective of the information in your book

[@BearBullTraders]

Right, it is very important to watch level 2.

[@Ubutrader]

Very cool recap. I agree that using the daily recaps to illustrate trading principles and show real world examples is a very good idea. Short and concise educational tool. Thanks for keeping at it Andrew!

[@BearBullTraders]

You´re welcome!

[@thorpt211]

Andrew, I like these educational style ones. Your thought process behind your decisions. Thanks!

[@BearBullTraders]

Glad you liked it!

[@darkmxhishot7475]

@@BearBullTraders But, if the ask do not get taken then the price will not go up, no?

[@sethaldrich6902]

Great recap Andrew! I like to see your travels!

[@BearBullTraders]

Thank you!

[@Berg5000]

Thanks so much for the level of detail you went into today. This was so helpful and a big improvement on the earlier recaps in terms of learning.

[@BearBullTraders]

Thanks for letting me know!

[@danielhagon2442]

Thanks! The L2 view was really useful! Like you said, it's counterintuitive, so this was really helpful to see how it influenced your trading.

[@BearBullTraders]

Glad it was helpful!

[@tonychimenti7268]

Love all the recaps

[@BearBullTraders]

Thank you Tony!

[@omarsmith6759]

Nice recap and solid example of using the lv2.

[@BearBullTraders]

Glad it was helpful!

[@simonhuber6859]

Definitely better! It's so great, because one feels you being passionate about this. Now some more cutting and a bit better quality from the Audio, etc. and this can be a really great format!

[@BearBullTraders]

Thank you I appreciate that!

[@IndigenousPathways]

Superb breakdown of Level II and signs to watch out for as part of a trading strategy. Thanks a ton for sharing. Looking forward to seeing BBT in San Diego next spring!

[@BearBullTraders]

Glad you liked it!

[@rob409BOI]

I already liked the recaps and this is an improvement for sure

[@JoeDoebler]

Nice! I like the new recap

[@BearBullTraders]

Glad you liked it!!!

[@mitulmp]

Nice video thanks I am learning a lot.

[@BearBullTraders]

Awesome!

[@thomasq9181]

Excellent... good to see!

[@BearBullTraders]

Thanks for watching!

[@balsahota3918]

This is quality stuff - its hard to find what you and Brian provide here - precise and to the point, no frills. We appreciate it a lot, by the way beautiful location. Enjoy !

[@BearBullTraders]

Thank you I appreciate that!

[@matteomartinogalbusera3560]

Appreciated explanations on L2 and how you got your daily levels, thanks Andrew!

[@BearBullTraders]

Glad it was helpful!

[@jaapschipper7779]

Thanks!!

[@BearBullTraders]

Thank YOU!

[@oodles86]

I clipped your insight on that ask, thank you!

[@BearBullTraders]

Glad it was helpful!

[@michaelgropman6010]

Andrew- I got a lot out of this video and this was the best recap I have seen... and I watch all of yours. TY as always, Michel 'Mike G'

[@BearBullTraders]

Glad it was helpful!

[@patriciadolan3263]

Thanks, Andrew. I always enjoy watching your recaps and listening to you and Brian in the chat room. I think explaining your rationale for trades is a great idea! Enjoy beautiful Florence.

[@BearBullTraders]

Thank you I appreciate that!

[@BearBullTraders]

🔥Let me know what you think we can do to try to improve recaps! 👇 🔥Try Our FREE Simulator at 👉 TradingTerminal.com/

[@trader_gian]

yes.... travel trader is always a good material!! Thanks

[@BearBullTraders]

Thank you!

[@mstechjonny8275]

Thanks another great educational video.

[@BearBullTraders]

Thank you I appreciate that!

[@harishahi7958]

very nicely explained about the multiple confirmation before taking trade and risk managemnt.👍👍👍

[@BearBullTraders]

Glad you liked it!

[@kodahomeservices5596]

This was a great improvement already. Thanks Andrew

[@BearBullTraders]

Thanks!

[@davidsevcik7093]

Great explanation of how to use bids and asks on LVL2 to predict where the market makers want to take the price. Learning to read LVL2 is like having x-ray vision and has REALLY helped to improve my consistency.

[@BearBullTraders]

Right! Glad it was helpful!

[@dhavallpatel]

Very nice and good to see Dubai in the background :)

[@BearBullTraders]

Glad you liked it!

[@JohnRaaf]

Andrew, you asked if it makes sense (7:35)...it totally does. As for the value of these recaps, it's a question of whether it's worth your time. I personally enjoy them and, unfortunately for you, I watch most of them when you do them in the chat room. Nonetheless, I watched this KZbin recap because I took the same trade (much, much smaller share size) and I wanted to hear what you were thinking as you moved through the trade. I felt that XPEV's L2 chart was easier to read than most (weighted heavily to the sell side) and it stayed true to the L2 for a long time. Not all stocks perform this way, I've found. I, too, steal Brian's watchlist (LOL), although I don't think he had XPEV on it on 11/30. Thank you sir!

[@BearBullTraders]

You're very welcome! And thank you for your feedback!

[@FoursideAssetManagement]

Love this video: thank you! Andrew, was your first trade on XPEV a classic "abcd pattern" or did you consider it a 5-min ORB? (or both?) Happy travels!

[@BearBullTraders]

Thank you! Yes, both, in 5m that doji was a little bit worrisome but in 1m it was holding 9MA and with L2 confirmation it offered very good opportunities with nice R:R

[@vanillaice5159]

I'm interested in joining BBT chat, but a 7-day trial isn't sufficient. Most companies require a two-week training period; therefore, you should consider a 14-day trial period. If it's a good fit, have the member pay for the two weeks once signed up. Just a suggestion.

[@BearBullTraders]

Thank you!

[@davidprice9265]

That was good my friend, very good trading

[@BearBullTraders]

Thank you!

[@NILForwards]

Love the idea for new format! @Andrew Since you do a fair bit of travel (for running and business), you should do more of these and show some interesting things you see. Kinda like Casey Naistat who gets tons of views. Keep them coming please! Thanks!

[@BearBullTraders]

For sure! Thank you for your suggestions!

[@waheed7288]

Thanks Andrew ,hopefully iam almost there to become consistent trader, not yet,but keep going with recaps please I love them It was great when you and Brain were trading the open live I used to live that now I watch other Chanelle for.live trading Anyways hoping to see more educational recaps Thanks and have fun with your family.

[@BearBullTraders]

Thank you!

[@rickcole7370]

I just finished your day trading book. So this video was very relevant. The tip on using level 2 as another indicator is great. Concise videos that highlight strategy and techniques are extremely helpful. Like the intro. I wonder if you reversed the video to see more of surrounding with your narrative would be more engaging. Thanks for all your help.

[@BearBullTraders]

Thanks for watching! Would you mind writing your honest review on amazon.com? I very much appreciate that!

[@hansbraun2726]

Nice job Andrew, much better precise explanation. Another reason that the big ask can mean that the price will move to that price is that market makers will be motivated to move the price to the large pools of liquidity to get more shares transacted. Thanks

[@BearBullTraders]

Right, you nailed it!

[@mort7507]

Andrew I enjoy your recaps and insights (I enjoy reverse engineering the trades to look for insights you may have seen), Any tips added in does make it easier to follow your decisions (l2, vwap, etc) , Would love to see more on your watchlist selection insights .. we only have two eyes to be ready for the right stocks. . Safe travels

[@BearBullTraders]

Thank you!

[@pokemon374]

It is a good idea to do the recap more educational

[@BearBullTraders]

Thank you!

[@MichaelHandymanMaker]

There you GO ANDREW!!!!!!!! Dubai background and a little more YOU in the recap. Makes it personal and makes it longer.

[@BearBullTraders]

Thank you Mike!

[@aashay01]

nice video

[@BearBullTraders]

Glad you liked it!

[@bcsmith5]

Great video and explanation of your trading. Can I ask with the trading terminal (which is really useful thanks), whether stop loss and limit orders can be added at some point in the future.

[@BearBullTraders]

Thank you! Yes, we are working to improve tradingterminal.com/

[@holbrook-ul9cf]

Like you said the recap should include everything educational why you entered why you existed your profit taking systems but we want to see how much you make because it motivates us

[@BearBullTraders]

Thanks for watching!

[@josephrichard5636]

Love the recaps and you and Brian are awesome. With all respect, get Brian a different headphone/mic setup. Eliminate all the breathing noise and watch views/likes increase.

[@BearBullTraders]

Thank you, we need to fix that!

[@Normirga]

I like this recap more. It was quite new. The old recaps was always the same. I would like if you add Spezial details to your recaps. Maybe one time your stops, or your adding and so on. Go more on Detail. This would be more interesting. Due to the meetup: I hope you will do a meetup in Europe one day. And I hope you will visit Europe again after visiting Florenz. As I told it so sad that I am in Dublin this weekend.

[@BearBullTraders]

Sure Marco, thank you very much for your suggestions, I hope we can meet soon!

[@dhlml]

As you say, trading is supposed to be boring..that said, I always enjoy watching your recaps. But a bit of travel vlogging surely wouldn't hurt:)

[@BearBullTraders]

Thanks for watching and sharing your opinion!

[@jimvasto4479]

Andrew, do you Route your orders thru a particular Market Maker? or use IB Smart route?

[@BearBullTraders]

Yes, IB SMRT

[@MichaelHandymanMaker]

And lord knows you travel the globe, so should be easy for a unique weekly video like your DUBAI today. I hope to see some of your THURSDAY recap video interlaced from your Money show, maybe a recap of the presentation real before you go live, or with 5 seconds of you presenting.

[@BearBullTraders]

Thank you, great ideas!

[@brandysoda8665]

Great lesson on L2!How is the internet in Dubai? Are u using wifi or ethernet?? TX

[@BearBullTraders]

You´re welcome! Internet is not so good where I´m staying.

[@neuralbliss]

This is good, but the title was an accurate at all.

[@BearBullTraders]

Thanks for watching!

[@donutnguyent1505]

Hi Andrew , Nice video andrew , if I trade TQQQ do I need to look at QQQ level 2 or TQQQ level 2?

[@BearBullTraders]

You need to watch the L2 of the stock you are trading. In this case, you can watch QQQ as a reference.

[@donutnguyent1505]

Thank you Andrew ❤

[@lightofmylife1616]

what if the big seller on the level 2 is confident that the price will reach his level, so maybe he's thinking " why sell for cheaper when i can sell for this price instead"?

[@BearBullTraders]

Exactly, this is what drives the price higher, those big asks down below the order book are waiting the price to come to them, when more traders see this they join them and this acts like a magnet for the price.

[@DarthTrader707]

Thanks, Andrew. For once, we traded the same type of stock (I don't generally trade high priced, high cap stocks). Question, though...I know you don't generally trade after the first hour, but on days when there is a market moving event (potential), do you stick around, or come back, to trade those events? Powell's speech at the Brooking's Institute was being anticipated as one of the big economic events of the week, and given what happened at Jackson Hole, it was easy to guess that the market was going to react, based on what he said. Did you stay to trade that reaction? It became apparent early into the speech that we were not getting a repeat of the Hawkish comments made at Jackson, and as you no doubt know, the market moonshot higher, almost immediately and for the remainder of the day. I'd be interested in knowing your strategy around market moving (potential) events coming up at set times later in the day. Thanks, again.

[@BearBullTraders]

I usually end my day during the first hour of trading, so when I end my trading, green or red, I don't continue trading, for me, it's a matter of discipline and well-being.

[@Hydrojn]

Did u catch the afternoon pump?

[@BearBullTraders]

No I didn't, too late here in Dubai.

[@darkmxhishot7475]

But, if the ask do not get taken then the price will not go up, no?

[@BearBullTraders]

Yes, the price reaching the asks is a probability always.

[@jimvasto4479]

"steal Brian's watchlist and trade" hahaha

[@BearBullTraders]

Secret strategy! 😂

[@sarahwadhwa9832]

Steal Brian's watchlist. 💀

[@BearBullTraders]

do not tell anyone!

[@sarahwadhwa9832]

🤐😇

[@gammingp4267]

Dear Andrew I will be honest with you, I think anyone that is looking for the real content of day trading, to learn and to emprove, is going to be watching your channel everyday, I do, because I really want to learn. in the pass I have followed other channels that has for sure more followers, but more followers in this case does not mean more value in the information probided, if you want to look at a good sample, just check SMB Capital, they are not as famous as other more sensationalist channels, but as what you guys are doing, the information is gold. so you have to chosse if you just want to be famous an sensationalist, or if you want to keep it real educational channel, the population of people that wants to look like if they know somenthing, is unbalanced with THE PEOPLE THAT FOR REAL WANTS TO KNOW ABOUT SOMETHING. For sure the choisse ir yours!