How to use Level 2 (with ZERO experience)

[@DaytradeWarrior]

DOWNLOAD MY SMALL ACCOUNT STRATEGY PDF HERE: 🍏 ➡ warrior.app/2024-small-account-strategy

[@kenlikness]

How about a lesson on reading the market maker? If you can see the manipulated advance in price happening, the minor roll backs to fill in and create a new base should be used as the time to buy. NOT once the stock again increases.

[@Michael2Midnight]

I'm wondering what level2 scanners you subscribe to? There must be quite a few. Have you tried many then settled on 1, 2 or 3?

[@infinitelyllc]

wow 🎉

[@RadAleks]

The best explanation for level 2 I ever saw on KZbin. Appreciate your time and effort Ross.

[@sykokilr3655]

Ross, my man, I came back to this video just to leave this comment. I switched to cash last month and just felt like I was missing something. I couldn't get a handle on things and ended -64% on the month. Devastating. I dived more into your videos and THIS video on Level 2 hit home. This month (as of June 20th), I am up 107% and can actually feel things clicking into place. 10 days green, 3 days successful red, 1 day no trade, 1 day holiday. I have NO doubt this Level 2 video is the reason. It was a game changer. Your videos on the psychology of trading and Level 2 have changed everything I do. THANK YOU!!!! You are my go to trading channel! TLDR; Ross is the man!

[@dumitrue17]

What service do you use for level 2 data?

[@FidB77]

Congrats!

[@fftb8442]

When an individual has the ability to simplify something as difficult as learning L2 to me like this and actually understood ALL OF IT..I know I’m at the right place. WT here I come! Thanks!

[@johnw7323]

This is the best explanation of reading level 2 I have ever seen. Thank You!

[@ShawNshawN]

This class is GOLD. Usually, I simply ignore L2 and the tape as its too much info, but I can see with this class how much more valuable the data is. I think as you trade the chart simplifies the action a bit more so you can process faster, but if you can master the tape and L2 you can make some great scalps.

[@24mojoe]

Have watched and read about stocks for couple of years!! Have never seen or read anywhere anytime a more thorough simple straight forward honest level 2 lesson.. explaination!! It's like being lectured by AI on how to daytrade level 2! Overwhelming Info ..Amazing! Ross!

[@DaytradeWarrior]

Thank you!!

[@sailingsparky]

Great Video Ross on Level 2. Thanks!

[@SuperBigbill2]

One word to describe this tutorial, fantastic loved it ross. This buy far is the best level 2 tutorial I have seen from warrior, although other tutorials might have not been pacifically about level 2, the subject was still raised and taught. After seeing this now I have realised, that trading is better done this way, than just following the chart, I would have been more inclined to do that before hand, but because the chart does not show you the volume of shares being traded or the spread it does prove how level two is more beneficial and to the point. I will no doubt watch this video again, but I would appreciate a few more tutorials on this subject as it is more or less the answer to successful trading and we all that. So ross how about another. Thank you Bill

[@paolovangelotti761]

I finally understand this. Thank you.

[@URI-Trades]

Dang, you are such a great teacher! I would have loved to have you as a professor in high school, college etc. but glad I found you when I did. I'm part of your Warrior Pro program and am learning so much! Thanks for being a real human...we need more people like you out there.

[@AlexF-qx7co]

Wow, this video is gold. Exactly what I've been looking for!

[@danielharris3334]

Ok , thats enough ! I'll be on the warrior starter next month . I owe it to you Ross . I've leared 80 % of my knowledge from you for years . Its time to take the proper steps for success . Thanks again .

[@catchafishllc]

Same here!! Ross you need a donation button to people who learn from you and want to donate to you. Your videos are too generous.

[@randythayer8440]

@@catchafishllc Look veeerrry carefully and you might find one at the top.

[@nicolasgaleano6481]

How's it going?

[@grapesgogsxrj1962]

I'm also curious ​@@nicolasgaleano6481

[@ochoaisma]

Have u entered? Have u regret or you ok? Im in doubt

[@LandinK-l1y]

I've watched a lot of level 2 videos on KZbin. This was by far the best at explaining to newer traders. Enormous amount of free information. Gracias senór 🙏🙂

[@DaytradeWarrior]

Glad it was helpful!

[@Occy30]

I've watched so many of your videos that I feel like I at least owe you lunch! Thank you for all of this education you are providing to us free of charge.

[@randythayer8440]

There's a donation button at the top.

[@williamcaffery6900]

I never really comment on videos but this is honestly gold. Such a clear explanation of such a fast complicated aspect of trading

[@christinelaferriere3352]

Thank you, thank you, thank you!!! This is EXACTLY the information I (as well as thousands of others, I am sure) have been looking for. You're an amazing teacher, genuine, and so so so generous. Thank you again!!

[@hamzaaltaf9570]

Amazing! Those who stayed hooked know this episode was full of information. Love you Ross.

[@FidB77]

Nice explanation Ross. You cleared up a lot of issues so just probably will need to rewatch this video a few more times. Thanks!

[@ZahidNYUSA]

Ross, this is the best and most conclusive Level II tutorial I have ever seen. It's even more detailed than your prior Level II tutorials, especially regarding tape buying and selling. It's amazing. I have to watch it multiple times to absorb it. Thanks so much. Ross, you are a supercomputer, teacher, and coach. I wanted to share something: in your recent loss, I noticed that the volume was lower. I've established a new rule for myself: I follow the 10/10 rule, which means looking for 10k consecutive volume in 10-second charts for at least 6 candles. Then, that breakout is safer, from what I've found. Because a spike in a one-minute candle can be an algorithmic spike, but if it's consistent volume for six 10-second candles, that's a promising move. Just a newbie idea 😂 Thanks for your coaching.❤

[@catchafishllc]

WOW! This was by far your best video!! Very clear. Just a great teacher. What would help your explanation would be a live trade except and show what you did and what you saw along with the trade.

[@leannefairgrieve3274]

This has been a light bulb moment for me. I only started researching about 5 days ago and was unclear about your bid positions at times. Thanks so much for the very clear consistent content.

[@Mbstocks2020]

It can’t get any better than this . ❤❤❤

[@oidbio2565]

Uh, yes it can.

[@SuperBigbill2]

This is the second time I have seen this tutorial now and what I enjoyed the most about it this time was, as I had learnt a lot from this tutorial the first time, I fully understood everything that was going on and being said, it’s good when your learning something, then it starts to come together and make sense. Level 2 is a great way to trade and if you can visualise what is going on with the chart, for example, were you believe the candles are at that moment in time, you know then, your starting to trade the way it’s meant to be done. So yeah, I felt I have stepped up a bit more now, with my trading knowledge and it’s another piece of the jigsaw, that has started to slot into place. So once again as always, thank you ross, for your teaching here and I am sure you are proud to know it is really beginning to rub of on me now. Bill.

[@hardwaybets]

Singularly the absolute best explainer video about Level II I have been searching for and finally found. Thank you for putting this together and sharing your knowledge with the world.

[@trader-george]

One of your best videos Ross. I said it before your a real classy guy. You have helped me a lot in my trading even though I don't trade cheap stocks or size. I measure a person by what are they contributing with their wealth. Your always helping others with your TIME and KNOWLEDGE. God bless you Ross and Thank you.

[@JamesPro-yi5nl]

This was mad useful I never thought there wold be any vaule in buying lv 2 . And I didn't know how to read it but this mad it easy to understand and easy to know why it is vauleable ... I see why your advance .. a smart guy. 👌

[@NancyTitterud]

I’ve gotten so much out of your lessons! Been waiting for a good level 2 explanation and you’ve done it! From a current Warrior Trader Pro.

[@sjaw100]

Thanks for putting up this detailed video explaining how to read the tape. Many talked about it, none help the beginners like you. Many thanks to your generosity to share! ❤❤❤❤❤

[@midnightsxtc]

12:36 18:50 20:00 21:56 27:04 32:25 34:00 36:11 39:29 40:13 41:53 42:23 43:25

Your videos are great bc you speak the people's language and you're NOT TRYING TO IMPRESS ANYONE. You are just really good at what you do, obviously, and you are an outstanding teacher as well!!!! I trully appreciate you ♥♥♥

[@ForAllAnimals]

Ross, I'm so lucky to have found you. Thank you so much for providing such detailed information in EVERY SINGLE VIDEO you publish! I'm brand new and have learned more in a week from you, than I think I would learn in many months from other content creators. It's such a blessing to have someone that I can rely on for accurate information, and who's really willing to make sure to cover everything! Even down to information like why mental stops are better than stop sells to avoid the bigger players from taking advantage of the situation. I'm so excited to get started making shorter day trades with all of the information I've learned from you. Starting off with my 1-trade-per-day as you instruct in your other getting started videos. I wish I had the money to join you and the others over at Warrior Trading - that will be my goal. THANK YOU!

[@DaytradeWarrior]

Thank you! I am happy it is helpful!

[@teenasue42]

While watching this I realized how little I have known for years and extremely lucky not skilled just by watching candlesticks. I never knew how what level 2 or the different reasons for price spread movement. Another warrior subscription coming very soon!!! Thanks Ross El Capitan

[@tatamibro]

This was an amazing video, i have learned so much in just two weeks from your free content. Couldn’t find an easier and more thorough instructional on level 2. Thanks a lot

[@johnmaxwell1356]

I've watched dozens of your videos, and ordered your book (haven't finished reading it yet), but I believe this video could possibly be the best video you have put out. Super good information and I appreciate all you do for us hopeful traders.

[@MrPraneeth999]

Thank you very much for your time and detailed explanation, Ross. Great explanation 🎉

[@CAA2875]

You're fantastic Ross. I signed up as a pro student after watching so many of your free educational videos.

[@Timetoplay111]

Had a good day today Ross. You were in a better mood!

[@harishtohaan6320]

Very deeply explained. I never understood about Level 2 and Time and Sale. But after watching your this video, I gained a lot of knowledge. Thank you so much.

[@TravisPitre]

Ross you are by far the best teacher and best at explaining how day trading works. I greatly appreciate you and your commitment and hope to meet you one day!

[@SelectiveLabs]

As a newish always learning trader, awesome stuff! Great content Ross! Keep it up 📈

[@JamJells]

This was an eye opener. So clearly and quickly shared: I had to repeat many times to get all the information packed into this one video. Getting the A,B,Cs of watching L2 will take not only the learning curve and method of changing up ones awareness of the platform, but also which will take some time to pace up watching L2. Thanks much Ross for the educational nudge.

[@jonmullaly7497]

It is an incredible time when info like this is given freely. Tks for changing my life!

[@neilrenaud5962]

As a first timer ,I enjoyed this intrductory session .Hope to continue learning more to overcome the curve, and then find my niche .Thanks again

[@TinkerandBuild]

You're visual explanation is how I think about things.This is GREAT> I appreciate not on the what, but the how of this. I've learned a ton in the last week by plowing through your videos. Just starting a small paper account now and having small wins.

[@tooz9596]

I have no experience trading stock and im beginning my journey of learning. This Level 2 explanation makes SOOOOO much sense. Especially, so for your trading style. I could see if I were buying a dividend stock that I was going to buy and hold for many years that the Level 2 quotes aren't as necessary. But if you're in the trade for "minutes" it's an absolute necessity. Said the self admitted neophyte. 😂

[@rimgailal]

Ross you are smashing it lately - thank you

[@kentwist8533]

So, so good! completely changes how I read level 2! Thank you Ross!

[@SD-mg7np]

MASTERCLASS - TOP SHELF BUDDY. JUST HAD TO COMMENT AGAIN - KEEP IT UP AS USUAL

[@toddmiles9129]

This is the first time EVER leaving a comment on a video. Ross you are a good teacher. This video is great but all of your videos are great. Also, your kids and dogs are great too.

[@DaytradeWarrior]

Thank you Todd!!

[@jurnee4939]

THANK YOU ROSS ! YOUR VIDEOS ARE AMAZING

[@danielharris3334]

Thanks!

[@jthejello8033]

Hey Ross I just want to thank you as I’ve been listening to how you trade for a while now, been using a sim for a while, just started real trading and made 200$ just today off my first trade. A lot more work to be done though

[@Midland_Wolf_71]

Only come across your channel today but it looks VERY USEFUL… I’m gonna binge the hell out of it this weekend.

[@BBQ_Burrito]

I have been waiting a long time for an updated how-to level 2 video. Thanks

[@jackgokcek9052]

This is the one Ross. Your breakdown was perfectly explained. Thank you!

[@tubecoatue]

One of the most highly informative videos I've seen from Ross. Very helpful.

[@davidbrown9390]

Great video as usual!

[@ShawnHorton411]

Great teaching bro! I’ve been learning from you for only a couple months and its changing my life thank you sharing you’re knowledge

[@jme6322]

So gracious of you to give this time. Super helpful. Such an effective and fantastic teacher (Kristina) Ross, awesome. I trade so focused on L2. It really helps. Have you ever thought of creating an L2 simulator or L2 drills that could instantly assess and give feedback on your buy sells? That software would really tune us up. Maybe call it the "Grateful Bread." Or ? (John)

[@jasonkanokaroke]

Now I can see what I was doing wrong in the past. THANK YOU ROSS!!!!

[@Laphroaig16]

Loved the detailed example on the order book. Using your whiteboard really works for me.

[@mike-yp1uk]

Omg this content is awesome. This is my second time watching this one and I'm going to simulate the technical info.and see if I can master this.

[@DaytradeWarrior]

Thank you!

[@keola2326]

sorry to ask been watching your videos. I am learning a lot. Thanks for everything

[@eduardoaleman2773]

I have been waiting for this video, thanks so much.

[@sauboon8888]

Great stuff. This video will be watched by many of us again and again and again.

[@skylermilner9192]

Great work Ross, educating us on a boring day in the markets. Thanks man

[@jerroldneal]

Thanks for this simple explanation. Normally would require interpretation from a dry technical description in a book somewhere. Much appreciated.

[@petergriffin8967]

Down to earth. I appreciate your wisdom. And good job explaining it.

[@WesleyDyer-dw5sv]

Coach, it is difficult to find the accurate words to how grateful Iam for your videos! Iam just about ready to sign up for two week trial along with a sim account. I already know that I will be successful..Only because of the videos I have carefully memorized. Soon, with your approval I will become one of your students! Then I can really call you COACH! You have given me, my family, all a future and a hope. Through hard work, steadfastness, determination, you have brought out a new level of determination from me, like a Determination 2.0....haha On I get on my path and actually start trading, I will owe it all to you! Someday maybe I can tell you my life extreme journey that brought me to this place... But for now.. Thank you times 1000!!

[@DaytradeWarrior]

Great! thankyou! You can check it out on the 2 week trial to see if you are interested, It Includes the live stream and live trading with me as well as scanners, news, charting and access to a sample of the education portal! www.warriortrading.com/pro-preview-trial/

[@CodemarkfinancialHouston]

This is so detailed. Thanks SO much Ross for this!!

[@rowanwindsong]

Absolutely great explanation of level 2!!

[@johnlandefort8305]

Wow this was actually pretty clear💯. Great Teacher Ross👍🏾

[@DaytradeWarrior]

Glad it was helpful!

[@alparker2800]

This was an excellent breakdown! I'm definitely saving up to become a member.

[@lornatullochetefia7506]

You make me improve on my trading skill. I begin to get results. Thank you Ross.

[@perryberens618]

Really good video. I have no experience but got a bit of what you said. New to level 2 I just watched NASDQ ( and 3 tiers of others) bounce MU from 110.29 - 110.97 it took all day. It was expire worthless day on option ahead of me . I rhink they were sweeping the floor?? I finally exited the next option to expire shortly. Today showed the writing on the wall. Exited trade at a 20% loss but did learn what "Y" means and discovered the single letter alphabet that follows each symbol. Those big dogs are well seasoned in their craft. Glad your on the side of the puppies and under dogs.

[@AlbertHoffman-mb6tv]

I appreciate this ross! Definitely your better level 2 video.. cover alot more in detail. Hit the thumbs!!

[@luisRoma747]

Thank you Ross for the Level II education. Priceless

[@russdixon8957]

Thank you Ross, I'm loving your videos. I've learned enough such that I understand pretty much everything you're talking about. But if we compared the number of Dead Presidents in our brokerage accounts, you'd see I'm still a novice. I have been at it for quite a while, but I haven't been serious enough about success and more in-depth learning. I look forward to learning more from you, and hopefully quite soon, I'll be taking whatever courses you offer. Again, thank you so much for your videos.

[@Purpleaki223]

Well i was looking to swing trade (new to trading) been studying a while, came across this channel and style aaaaand im liking this momentum trading. Especially with starting a small account

[@szymonkaminski3113]

I'm from Germany I used to take loan from the bank for survival but after trading with expert Ramakrishna, He changed my financial status for real.

[@szymonkaminski3113]

Choosing the right trader is really important and I hope you make the right decision because it’ll matter a lot especially for someone who is new in online trading

[@szymonkaminski3113]

I will advise you reach him out for guidance and thank me later.

[@szymonkaminski3113]

He will teach you anything you wish to learn about online investment.

[@szymonkaminski3113]

He always there to attend to your needs and guide you.

[@HannahMcFarlane-jg4bu]

Ross the Boss has done it again. Great tutorial

[@KursiiGjermanishtesGratis]

The best explanation ever. Thanx Ross!

[@StuartHollingsead]

So essentially you are saying, it is suicide to day trade without level 2 data.

[@chevy4x466]

Not sure about that sir. The tape is a symptom of what u see on the chart 📈. U should be able to see the volume node in real time

[@randythayer8440]

Or, it's another tool in your box to use at the proper times, along with charts, T&S etc.

[@chevy4x466]

@@randythayer8440 I have never been able to glean anything from the level 2 orders. I don’t pay the premium for order flow indicators, but it would be not to have. However, a poor mans order flow indicator would probably be stochastic level divergence or something of the like. It all should be fairly apparent though based on the price action

[@GoFlyRoamTravel]

Depends. If you are a scalper it's much more useful than if you are a traditional day trader or swing trader.

[@nursewillworkful]

Mini Ross from Suffolk. Great valuable information

[@CocosHideaway]

Honestly, greatest teacher! Thank you! 🙏

[@patrickrice6941]

Fantastic video Ross! Thank you for the content

[@darrenholmes1398]

Awesome video Ross! I have learned a ton from your videos, most Ive watched multiple times. Now if I could master that elusive discipline

[@Woodstock625]

wow what a great breakdown of lvl 2. you are a great teacher. subscribed 😊

[@isaaccaissie8743]

Hey Ross! I would have loved if you included, in this video, an explanation of the subtleties of Level 2. It took me a lot of practice to understand the behavior of price action from what im seeing on the level 2 window. If u can include some live trading archive examples on this, I think that would be very helpful.

[@zemenugezahegn4031]

you are the best ross. thank you for your teachings.

[@colto91]

thank you! looking forward to your full course

[@somjaivongvut1276]

Very well put with the level two on the rear mirror and looking straight ahead.

[@kevinbuda7087]

good stuff! bookmarked to watch again and again. great takeeaway was level 3 and how the big boys have access to stop orderes and manipulate the stock. I will use this to my advantage...i think,maybe... Ross, I am percieving you as an incredably giving person. so thanks.

[@Robby.J]

Hey Ross, how are you setting your stops when things are moving fast?? after using your hotkey to buy the ask, are you really reading the low of the previous candle and then typing that in as a sell order? Or are you somehow able to submit a stop value during your buy? 36:11. I wish you would make more videos that were like a step by step slo-mo recap on what your eyes, hands and mouse are doing during a live trade. I love the info you share I've been watching you for years but more step by step slo-mos of a live trades would be a next level of helpful!

[@davidmcgavin3784]

Hi Ross, despite your target price (see trade at 37:12), can I ask if you trailed your stop to capitalise on the move?

[@Mr.Newbie-go8xz]

thank you ross for this kind of topic that you share to a new trader. wish you, me and all the trader the best. cheers

[@deanoz9307]

I love this video Ross, what I’d like to know, and I’m sure this will be covered in the WP training however it hasn’t been covered yet, but my question is, how and when do you place your stop orders? Do you place them at the time of stock purchase?

[@MrColesy1]

This video is liquid gold Ross! Thank you.

[@celinhamartins3131]

Thank you so much for posting this video !!! You are the best !!!

[@sayvelmendez2659]

EXCENLLENT EPISODE!!!!!!! Great information. Thank you so much Ross.

[@karry1able]

Ha , saw my first ticker tape glass , brass machine at the infamous LaFontaine Hotel , Huntington , IN coming home from swim practice , I went in and picked up the tape that was piling up on the floor and studied it for 10 mins. or so. Had no clue what I was looking at but was insanely fascinating!