iBankCoin
Joined Nov 29, 2008
329 Blog Posts

The Art of Tape Reading Series

I’m going to restart my educational articles.

Tape reading is only thing that I value just as equally as my charts and technical analysis.  Being able to properly read charts and analyze technicals gives you an edge over many traders. However, reading the tape gives you the advantage over all of the technical traders that rely solely on charts and do not know how to read the tape. Perhaps you are missing this one element and I will use this entire week to talk about reading the tape.

I am #9 on the ShortyAwards for Finance. I know you guys can do better than that. Take a minute out of your day and vote, no matter how ‘non-hetero’ you think the awards are: http://shortyawards.com/WeeklyTA

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25 comments

  1. PrideComesBeforeAFall

    “I am #9 on the ShortyAwards for Finance” … but #1 on the ‘Arrogant Dick of the Decade” awards!

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  2. longevity

    Are you referring to reading the Level 2 and Time and Sales?

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  3. ,masterpain

    nice call whoever called BIOF

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  4. Pissant

    Masterpain…
    yeah BIOF is fun right now, should breakout above 4.13 soon….

    but i screwed up with PEIX… i was first in @ 1.05 there and never rode it higher than 1.40… i couldnt hold that name over the weekend.

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    • ,masterpain

      NICE CALL….BEEN JAMMING SWC ALL LAST WEEK AND THIS MORNING…BEEN SOME PLAYERS ON IT

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  5. momoboy

    INO imminent?

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  6. ,masterpain

    ALSO SJT BREAKOUT CHECK OUT PGH READY TO GO

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  7. ,masterpain

    MMR

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  8. Pissant

    Delayed in posting…. Sold 1/4 BIOF @ 3.88

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  9. ,masterpain

    PGH SLOWLY BREAKING OUT.. HAS 7 % DIVIDEND….GOING TO HOLD THIS FOR A SWING

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  10. Pissant

    Sold another 1/4 BIOF @ 3.75… just in case it failed (as we see it’s not though)

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  11. Pissant

    Bought a test position in LEE, starting to breakout… will add @ $4

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  12. momoboy

    ETRM needs to get over 0.80… then BTFO!

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  13. Pissant

    Completely flat, don’t like the action of the market

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  14. the Bull

    Looking forward to it CA, let er rip!

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  15. ChrisBrown

    Stoked on this, I don’t know the first thing about reading the tape.

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  16. ,masterpain

    check out mmr…going to rip tomarrow too

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  17. frog65

    Watch EXXI

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  18. The Chart Addict

    Some good trades out there. I’m working on the tape reading stuff.

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  19. Hawaii Five0

    Definitely interested!

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  20. Nergo

    “Reading The Tape” a great topic … and probably more important than reading charts. Can’t wait to read your posts. Maybe you can include 15 minutes or so on StockTwitsTV about reading The Tape.

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