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SMB Reading Tape


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SMB Reading Tape

  #1 (permalink)
Uhum
Tehran, Iran
 
Posts: 4 since Apr 2022
Thanks Given: 2
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Hello community

I started my trading journey with trading domestic stock market. I used DOM and T&S list to trade. It was all fun and joyful really.

Trading in this manner has always been interesting to me.

Recently I have noticed there is SMB course which teaches based on reading T&S list and it was published on 2010.

Since markets have evolved since that day, I'd like to ask u traders that can I still trade based on DOM and T&S list and what is being thought on that course?


Thanks

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  #2 (permalink)
 
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 forgiven 
Fletcher NC
Market Wizard
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
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most platforms have a orderbook heat map . the newest tools are on bookmap . see there sight for info on use and training .

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  #3 (permalink)
Uhum
Tehran, Iran
 
Posts: 4 since Apr 2022
Thanks Given: 2
Thanks Received: 1



forgiven View Post
most platforms have a orderbook heat map . the newest tools are on bookmap . see there sight for info on use and training .

Thanks anyways but this is almost not what I asked for

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  #4 (permalink)
 
forgiven's Avatar
 forgiven 
Fletcher NC
Market Wizard
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
Frequency: Every few days
Duration: Days
Posts: 862 since Mar 2012
Thanks Given: 287
Thanks Received: 580


Uhum View Post
Thanks anyways but this is almost not what I asked for

sorry about that yes . the course is likely dated .

.

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  #5 (permalink)
Uhum
Tehran, Iran
 
Posts: 4 since Apr 2022
Thanks Given: 2
Thanks Received: 1


forgiven View Post
sorry about that yes . the course is likely dated .

.

It's a 65 hours long course as I checked. It's considerably long and it's for the live examples used in the course, I understand that.

But seriously it's exactly like what I have been searching for whole these 4 years wandering in forex environment.

If yes, can u address ne anyone who trades based on "Reading the Tape"?

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  #6 (permalink)
 
forgiven's Avatar
 forgiven 
Fletcher NC
Market Wizard
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
Frequency: Every few days
Duration: Days
Posts: 862 since Mar 2012
Thanks Given: 287
Thanks Received: 580

most traders using the tape are scalpers . The majority of the ones I know trade T-bonds . The traders I know that started in the business trading equities for prop shops using the dome where like the shoe bandits , skimming the spread . They use bookmap now . it is easier and more visual than looking at the dome with more advanced tools and FREE training . Jigsaw has a advanced dome that a lot of members on here use . In 2011 I was on a order flow education quest . I did not like that kind of focus . I can do it but I hate it . bookmap and Jigsaw are the only people I ran across in 3 years of searching that knew what the hell they doing . R/Trader Pro has a crisscross and Bass algo that can scalp on auto pilot . I have been told it works but is a slow grind . I never used it . hope it helps .

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  #7 (permalink)
Uhum
Tehran, Iran
 
Posts: 4 since Apr 2022
Thanks Given: 2
Thanks Received: 1


forgiven View Post
most traders using the tape are scalpers . The majority of the ones I know trade T-bonds . The traders I know that started in the business trading equities for prop shops using the dome where like the shoe bandits , skimming the spread . They use bookmap now . it is easier and more visual than looking at the dome with more advanced tools and FREE training . Jigsaw has a advanced dome that a lot of members on here use . In 2011 I was on a order flow education quest . I did not like that kind of focus . I can do it but I hate it . bookmap and Jigsaw are the only people I ran across in 3 years of searching that knew what the hell they doing . R/Trader Pro has a crisscross and Bass algo that can scalp on auto pilot . I have been told it works but is a slow grind . I never used it . hope it helps .

Yes, it helps. Thanks for ur great reply

Let's see if there is anything anyone would like to add to the thread.

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