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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“I am #9 on the ShortyAwards for Finance” … but #1 on the ‘Arrogant Dick of the Decade” awards!
aww, you poor baby
@Pridecomesbeforeafall, Spoken like a true loser, short since march 2009…..
Are you referring to reading the Level 2 and Time and Sales?
no
nice call whoever called BIOF
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.
NICE CALL….BEEN JAMMING SWC ALL LAST WEEK AND THIS MORNING…BEEN SOME PLAYERS ON IT
INO imminent?
ALSO SJT BREAKOUT CHECK OUT PGH READY TO GO
MMR
Delayed in posting…. Sold 1/4 BIOF @ 3.88
PGH SLOWLY BREAKING OUT.. HAS 7 % DIVIDEND….GOING TO HOLD THIS FOR A SWING
Sold another 1/4 BIOF @ 3.75… just in case it failed (as we see it’s not though)
Bought a test position in LEE, starting to breakout… will add @ $4
ETRM needs to get over 0.80… then BTFO!
Completely flat, don’t like the action of the market
Looking forward to it CA, let er rip!
Stoked on this, I don’t know the first thing about reading the tape.
check out mmr…going to rip tomarrow too
Watch EXXI
Some good trades out there. I’m working on the tape reading stuff.
Definitely interested!
“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.