Love how you put out a video where it was a solid base hit played correctly. These opportunities are everywhere and it encourages me that it's good to take the solid base hit instead of striking out swinging for home runs every time.
@smbcapital3 жыл бұрын
the base hits add up over time
@lucholland39383 жыл бұрын
Awesome detail and conversation thanks Mike and SMB traders - tape + trend analysis is a sweet combo for these videos.
@smbcapital3 жыл бұрын
thx LSH Trading
@lencsezoltan3 жыл бұрын
What a great trade is this yet again! It is a clean description of an advanced entry technique at an important level. Stock order flow confirms the level and you did show this the best way possible. That dip under $95 is what fouls many. Thank you for keep sending these.
@smbcapital3 жыл бұрын
glad it was helpful Lencse
@lencsezoltan3 жыл бұрын
@@smbcapital Love your material. I actually practiced the technique just today on GOGO on the short side. Not easy, need practice, but trading is not easy in general. Please call me Zoltan (first name)
@cambridgelearningsystem90042 жыл бұрын
sam you are good mentor ......respect from India
@smbcapital2 жыл бұрын
thanks!
@razzyp39993 жыл бұрын
Great video Mike on L2 reading skills.I actually understood most of what you guys were explaining. Your correct Mike... practice practice practice. For eg I understood how you said.You got that 95 Level..leaked below that Level..couldnt hold below that level.Then re bids back to the 95 Level.which would indicate this is a sign of strength @ that Level.You would also consider other variables to confirm but L2 shows the most important strength signal.Giving you an opportunity for a good risk reward entry...off to watching your next latest video and try to pick up as much as possible.😊
@mikeanis85543 жыл бұрын
Its funny how we as traders can sometimes talk ourselves out of taking or holding a position that has all of our variables ✔ off. Great point on the tape offering a signal to long as 95 is reclaimed and held. I use a 9ema that helps me determine if the levels are holding but I may remove it and experiment more just on the tape reading by itself as I believe it will ultimately help me become better at spotting those scarce moments where you can really help structure a good rr play, especially with breakout plays
@wakalmercedesreyes1865 Жыл бұрын
Thank for all you all support to the trading community for you Mike and all your hard working and smart guys god bless you all, quick question what platform to trade they are using in this video thank in advance.
@amowatt013 жыл бұрын
Mike and Team.....Thk U.....Great visuals, screen/window layout, mouse pointer use, pauses with ur thought process. Tape reading was my kryptonite...NO MORE......in part bcoz of ur vids. QUESTION: How do u deal with large tape transactions between BID/ASK ? Whts the thought process when u see large size in the spread. Again thks folks.
@HamsterHearthstone3 жыл бұрын
Love the video, reminds me of another video I recently watched called "Use a scalpel to fell a tree".
@magellanprivatewealth94733 жыл бұрын
Great information in this video
@smbcapital3 жыл бұрын
thx :)
@ewh883 жыл бұрын
Ahhhh. Nice picture.. and trade! just the right size
@smbcapital3 жыл бұрын
thx Eric
@georgemiksch68963 жыл бұрын
Thanks for the video on tape reading. Was wondering what vendor you use for your level II and T&S.
@Donks-R-us3 жыл бұрын
Thanks for the great video guys! May I ask someone about their TOS setups, and more specifically about the volume graph?
@generalpanda5187 ай бұрын
I was wondering what software you use to look at level2 data? I can't find it.
@PaulSmith-rp2mw3 жыл бұрын
Which time frame do you guys execute your day trades?
@Donks-R-us3 жыл бұрын
Are those EMAs on the charts, and do you use a different EMA for scalps rather than a swing trade?
@alexleiser61002 жыл бұрын
This is great
@akos112353 жыл бұрын
Hi, thanks for the helpful content. Can you please tell me from where did you get the VOLUMEBYBIDASK? Is it a private code?
@serg98303 жыл бұрын
Hello Mike, I’m a developing trader, improving my reading the tape skills every day, can you please clarify a bit what I need to see above the level? buying on the bid, buying on the offer, offers taken out and bids stepping higher? Thank you for the answer🙏🏻
@Donks-R-us3 жыл бұрын
Did you use options or stock on this trade?
@CristianCarvajalC3 жыл бұрын
I hope some commodities videos :( I’m stuck in silver cfds but if you have some futures...
@theshodiyor893 жыл бұрын
Can you put videos about how to prepare to daytrade please? About review and research
@wealthlegend3 жыл бұрын
What is the name of the first trader if i may ask?
@Cosmologist7223 жыл бұрын
Will be highly appreciated if a new video can be uploaded on the same subject.
@smbcapital3 жыл бұрын
We will be uploading more
@Cosmologist7223 жыл бұрын
Screens and charts are not clearly visible. Before releasing the video, please do a quality check !
@smbcapital3 жыл бұрын
make sure you are selecting the highest quality playback. We understand that when our traders record their screen it may not be in the highest quality setting or limited to their screen resolution.
@Cosmologist7223 жыл бұрын
@@smbcapital will check. I am not recording. ....I am just viewing only