Skip to content
Write a review
UdemyTrading & InvestingPaid courseAll LevelsCertificate

Tape Reading: Learn how to read the tape for day trading (Udemy.com)

Learn how to read the tape, a technique of day trading veterans use to profit from the stock market every day!

4.3
761 reviews

Created by: Jose Santiago

Last updated March 2014

icon
What you will learn

  • By the end of this course, you will be able to read the tape
  • Learn the basic foundation of reading the tape
  • Learn what the Level I and II are
  • Learn what the prints mean
  • Learn how to spot big bids and big offers
  • Learn how to spot hidden buyers and sellers
  • Learn how to spot buy and sell orders
  • Learn the top intraday trading patterns working now
  • Learn how to spot and follow a buy program for 4 pts on the tape
  • Learn why speed is important to the intraday trader
  • Learn our top trading plays
  • Learn how to spot probabilities and trade with them via risk/reward
  • Learn how to lower your risk
  • Learn how to read the tape via the Level I, II, and prints.
  • Learn setups that are not on the charts

How it compares

Against the other 278 rated Udemy courses in Trading & Investing on CourseDuck:

  • Rating4.3 out of 5higher than 16% of them
  • Reviews761#95 of 279 by number of reviews
  • Length14.2 hourslonger than 94% of them
  • Last updatedMarch 2014earlier than 99% of them

icon
Course Description

The trading course that will help you master Tape Reading! Ever wanted to know what the "secret sauce" hedge fund traders use? Ever wanted to know what these crazy rich day traders are doing to make money every day? Well, here is the answer: They simply understand how to read the tape. There is no secret sauce, but rather a technique that has been around since the market was founded. It is not a "secret sauce" or master powerful trading system, but just the basic understanding of how to read the time and sales. So, what is tape reading and how is it going to make me money? Tape reading is the art of studying pure and magnified price action real time based on the Level II box. Using the tape you are able to gauge players psychology and imbalances in supply and demand. Reading the tape is a leading indicator, not like charts and indicators where they are based on past data. Tape reading is an important skill to master as an intraday trader because it allows you to see real time where there is buying and selling going on at level. This is also a very important skill because it will improve you efficiency, risk/reward ratio, and it will allow you to catch larger moves all while allowing you to take on the least amount of risk possible. Tape reading is your edge and will put ahead of many other traders that think technical analysis is the only thing they should know. The advantages of reading the tape are that it brings consistency to your trading, it is a leading indicator, you are able to see buyers/sellers in real time, it minimizes your trading risk and it gets you in more plays that the charts dont show you. Finally, reading the tape is about analysis the bid, offer, size, volume, and prints. With reading the tape you will be able to determine where the stock is going to move 90% of the time. Want to see an example of what I mean by Reading the Tape? Want to see what you will learn how to do on your own? The video below is a little snippet of me explain what is happening on the tape and how I made $2,800 doing so. Sure, it might seem a bit confusing seeing all those numbers and colors running through your screen but it is not impossible. It is really the most basic, yet important, aspect of trading-after risk management. Tape reading will help you see what buyers and sellers are doing in real time. It helps you understand what is happening in a chart pattern. It helps you see the chart pattern form in real time. All of this will help you get an understand of the supply and demand dynamics in the stock.... in which will mean more money in your pocket. What exactly is the Tape Reading 101 Course? The Tape Reading 101 Course is an online educational course which is based on tape reading. It is taught in three different mediums-audio, video, and reading. First, you will read about a section on the the specific topic, then you will watch the presentation on it and after that take a quiz to test your retention of the material. By reinforcing the material three times per section, we will make sure you retain the material. This is done in four sections so you can grasp what Tape Reading is about. There are over 8 hours worth of video content and countless pages of written material for you to read. Best part of it all? You will gain access to the Tape Reading Archive database for continued practice on tape reading after you finish the course. But seriously, what is the benefit of this? To learn the "secret skill" that professional traders use on a day to day basis to make millions. Inside you will learn everything from what tape reading is, the level I & II, big bids, bid offers, how to execute your orders, held bids, held offers, and how to spot buy/sell programs. You will also be able to spot high frequency trading algorithms after the course. This alone will teach you the EDGE market professionals use in the markets day in and day out to steal money from the little guy. Join the pool of the sharks, as a shark. Look... How can you expect to succeed as a trader if you are only understanding chart patterns and not the underlying mechanics of them? Don't you want to know what institutions are doing? Don't you want to see where the order flow is going and follow it? It is a huge problem for new traders that do not know what it takes to become a Consistently Profitable Trader. They just think that memorizing a few chart patterns is the way to profitability.. but they are WRONG! Until now, there was no solution to this problem. In this online trading course we show you how to read the tape. Tape Reading is one of the most important aspects of trading because you are able to see what is not on the charts. Here Is Some Advice On What Helped Me Out: -Focus on the Level I, Level II, and Prints. -Watch your trading video after the close daily and learn from your mistakes. -Learn How To spot buyers and sellers at levels... follow them. What are some benefits of this course? Learn the basic foundation of reading the tape Learn what the Level I and II are Learn what the prints mean Learn how to spot big bids and big offers Learn how to spot hidden buyers and sellers Learn how to spot buy and sell orders Learn the top intraday trading patterns working now Learn how to spot and follow a buy program for 4 pts on the tape Learn why speed is important to the intraday trader Learn our top trading plays Learn how to spot probabilities and trade with them via risk/reward Learn how to lower your risk Learn how to read the tape via the Level I, II, and prints. Learn setups that are not on the charts But what makes you so qualified to teach me this? Fair question, we are seasoned traders with over 20 years of combined stock market trading experience. We have traded different markets and have become better traders because of them. We have traded for Prop Desks and Hedge Funds in NYC and Miami. Jose, one of the partners of Bidhitter, has been featured on Time magazine online and on Business Insider: So what's included in this purchase? -Lifetime access to a full-scale online trading course in which you will learn: The basic foundation of reading the tape What the Level I and II are What the prints mean How to spot big bids and big offers How to spot hidden buyers and sellers How to spot buy and sell orders Thee top intraday trading patterns working now How to spot and follow a buy program for 4 pts on the tape Why speed is important to the intraday trader Our top trading plays How to spot probabilities and trade with them via risSo what are some of your other students saying about the course?
k/reward How to lower your risk What held bids and offers are What refreshing means How to read the tape via the Level I, II, and prints. Setups that are not on the charts Also, the next 5 people to order will get a few free bonuses: -BONUS: Included are 6+ of our Tape Reading Video Tutorials ($400 Value) So what are some of your other students saying about the course? Joses Tape Reading 101 course is a know brainer for someone who is looking to improve their tape reading s
Read More All Levels All Levels product length iconTime: 14.2h

icon
Udemy Discount

The discount is applied through our link. Open the course from here and Udemy's current promotional price is applied at checkout on most courses, no code to type.

Get the Udemy discount

Some courses are excluded from Udemy's promotions. If the price does not drop, clear your browser cookies and use the button again.

icon
Instructor Details

placeholder

After working on the institutional side and building several successful companies, Jose refocused on what he loves most, helping other people learn about trading and markets.

Jose has refined his institutional side methodology of trading profitably over several years to bring it to a retail audience.

Youll find that his approach is effective.

Jose has been day trading profitably for over 5 years and has been featured in Time Magazine and Business Insider.

Read More

icon
More Trading & Investing courses

$11.99

$11.99

$16.99

$15.99

$11.99

$12.99

All Trading & Investing courses

icon
Reviews

4.3

761 ratings on Udemy

Select a bar to show only those reviews.Select the bar again to show every rating.

Write a review

By Robert on 11/10/2020

Yes

By Zakkee Sears on 10/11/2020

Great course and really detailed

By Gustavo Franzin on 9/6/2020

The Instructor goes into a deep detail of the content. 4.5 stars!

By Dave Storer on 8/16/2020

This course was really informative, and practical with all of the video examples and explanations. I've taken some of these principles to the live market and managed to execute successful trades as a result.
Improvements could be made on the audio consistency and quality, and some of the video quality. Otherwise, a very good course for beginner tape readers. Some existing basic market knowledge would be helpful before undertaking the course.

By Pablo on 8/7/2020

yes good so far, some real time video trades would be great

By Natan Dotan on 6/17/2020

just great

By Charles Vickers on 6/8/2020

This guy didn't even bother to proofread or listen to his video. Insane amount of repetition. His techniques, if you call it that, are simplistic and outdated. Seems like a high-school project.

By Richard A Marks on 6/4/2020

good match. answered a lot of haunting questions. at first, the audio was too low; got better later on.

By Alan Reyes on 6/2/2020

It's very easy to understand the way it is being taught and explained. Excellent breakdown of what can be a complicated skill. The quizzes are also good and help retain the information. Happy with the purchase! I've already been using what I've learned on the market and it's making my trading more consistent.

By Javier Roman on 5/16/2020

Introduction is way too long and repetitive.

By Brian on 5/16/2020

Feels like a B- university project

By Andre des Etages on 4/24/2020

The audio needs to be clearer and the dictation needs to be slower

Showing 12 of 130 reviews

icon
Quality Score

No CourseDuck member has rated this course yet. Taken it? Give each part a thumbs up or down.

Content Quality
/
Video Quality
/
Qualified Instructor
/
Course Pace
/
Course Depth & Coverage
/

Overall Score : 86 / 100

Tape Reading: Learn how to read the tape for day trading
Visit course on Udemy Write a review
  • Video Duration: icon 14.2h
  • Price: $64.99
  • Provider: icon Udemy
  • Updated: icon March 2014
  • Level: All Levels All Levels
  • Language: icon English
  • Certificate: icon Yes
30-day money-back guarantee on most paid courses

Udemy Coupon Price Tracker

Udemy price history

For any issues or feature requests please email CourseDuck's Co-Founder at mkuhlman12@gmail.com