How to Read Time and Sales why it is Important for Trading

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  • čas pƙidĂĄn 16. 06. 2024
  • Learn all about the Time and Sales window and how you can use it to improve your trading! ******. Watch our Live Trading show, Monday to Friday from 9 am to Noon! / tradertvlive
    In this video the Trader TV Live team has an in-depth discussion about the Time and Sales window, listen up as we reveal crucial information you need to know to better your trading. From identifying dark order prints to understanding different ATS labels, we'll demonstrate and explain the significance of each data point and even show you how to incorporate Time and Sales in a live trade setup! ******. Watch our Live Trading show, Monday to Friday from 9 am to Noon! / tradertvlive
    Outline:
    0:00 - Introduction
    0:55 - Neal defines the role of the Time and Sales window
    2:10 - Shawn demonstrates how to identify a print from each gateway
    3:20 - Neal explains the importance of different color prints in the Time and Sales
    4:50 - Neal uses $PINS to further explains the significance of the different market center prints in the Time and Sales
    6:50 - Shawn compares the Time and Sales window to a "bill of sale"
    11:50 - The importance of seeing "big size" print on the Time and Sales
    12:24 - Summary of discussion
    Trading Software: daytradetheworld.com/trading-s...
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Komentáƙe • 105

  • @parzax
    @parzax Pƙed 4 lety +26

    These videos are a hidden gem.

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety

      Glad you like it! Subscribe to this channel to see more educational videos and please share the link with friends!

  • @TheDanaYiShow
    @TheDanaYiShow Pƙed 3 lety +6

    Been going through and watching a bunch of these educational videos and they're great! Definitely a lot of information I can incorporate into my trading!

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety

      Glad you like them! Please stay tuned, more videos are coming!

  • @brencunningham6089
    @brencunningham6089 Pƙed 3 lety +2

    You guys are awesome. Love tuning in everyday for all the entertainment, education, and to just watch real pros at work!

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety +1

      Much appreciated! Glad you enjoy it! Please stay tuned, we post educational content everyday!

    • @edwardwiafe224
      @edwardwiafe224 Pƙed 2 lety +1

      Great video ! Where can I get time and sales for Nasdaq 100 ? Thx

  • @akshtsrivastav3021
    @akshtsrivastav3021 Pƙed 4 lety +3

    Awesome team work and to the point. Language is also understandable for small retail individuals like myself.
    Thankyou!

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety

      Glad you liked it! Please subscribe to this channel to see more educational content!

  • @bacicb
    @bacicb Pƙed 4 lety +1

    A great video guys. High quality and educational.

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety

      Glad you enjoyed it! Please subscribe and stay tuned, we post educational videos constantly!

  • @ramanan5u
    @ramanan5u Pƙed 4 lety +1

    Thank you kindly. You guys are Sensational! Love you guys.

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety

      Glad you like it! Our pleasure! Please subscribe and stay tuned to see more educational content!

  • @MichiganJohn
    @MichiganJohn Pƙed 3 lety +2

    great video... i had to dig around my etrade account to find this. Thanks.

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety

      Glad it was helpful! Please stay tuned, we post educational videos everyday!

  • @Axel-xj8rl
    @Axel-xj8rl Pƙed 3 lety +1

    grateful for these vids!! Keep em coming ;D

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety +1

      Glad you like them! Please stay tuned to see more great videos!

  • @joebaby555
    @joebaby555 Pƙed 4 lety +2

    My favorite channel! Can you guys go in depth on Dark Pools. Thank you 👀

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety +1

      Thank you for the feedback! Stay tuned - a lot of educational content is coming!

  • @ThatLegendRicoKing
    @ThatLegendRicoKing Pƙed 3 lety +1

    Thanks guys ! yall are the greatest.

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety

      Our pleasure! Please stay tuned to see more great content!

  • @darrylflinch5274
    @darrylflinch5274 Pƙed 4 lety +1

    Good to know more about the mid point orders in prints. I never used it because I usually use even numbers. I do pay attention to each quarter position. 100.25 100.50 100.75 etc. It really depends on the stock though. Thank you for the information!

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety +1

      Thank you for the feedback! Please subscribe to this channel to see more educational content!

  • @nabubito
    @nabubito Pƙed 3 lety +1

    Thank you for the info. You are a group of pros

  • @ikemouser2580
    @ikemouser2580 Pƙed 3 lety +1

    Thank you, great video. Beat trading channel, period.

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety

      Glad you liked it! Please stay tuned to see more educational videos!

  • @erykkkkk2082
    @erykkkkk2082 Pƙed 3 lety +1

    Thanks I just now made money using both the chart and the order book to get more out of my trades !

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety +1

      Nice work! Please stay tuned to see more educational videos!

  • @julialev8702
    @julialev8702 Pƙed 3 lety +1

    Great info! Thank you!!

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety

      Glad you like it! Please stay tuned to see more educational videos!

  • @DrugFoods
    @DrugFoods Pƙed 3 lety

    Great job explaining this

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety

      Glad you liked it! Please stay tuned, to see more educational videos!

  • @thorpt211
    @thorpt211 Pƙed 2 lety

    Thank you for the wonderful videos. Could you state when to buy/ sell on bid/ask?

  • @SteveSam66
    @SteveSam66 Pƙed 2 lety

    These guys are awesome!

  • @MoreTraderTVLive
    @MoreTraderTVLive  Pƙed 4 lety +1

    Outline:
    @ - Introduction
    @ - Neal defines the role of the Time and Sales window
    @ - Shawn demonstrates how to identify a print from each gateway
    @ - Neal explains the importance of different color prints in the Time and Sales
    @ - Neal uses $PINS to further explains the significance of the different market center prints in the Time and Sales
    @ - Shawn compares the Time and Sales window to a "bill of sale"
    @ - The importance of seeing "big size" print on the Time and Sales
    @ - Summary of discussion

  • @RogueMoney
    @RogueMoney Pƙed 3 lety +1

    Love your channel. Amazing vida

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety

      Glad you enjoy it! Please stay tuned, more educational videos are coming!

  • @pradeepmdiksha9876
    @pradeepmdiksha9876 Pƙed 4 lety +2

    It's my favorite channel....sir

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety

      Glad to hear that! Our main goal is to be helpful for you! Please subscribe to see more educational content!

  • @donc6545
    @donc6545 Pƙed 2 lety

    wow.... that was mind blowing.....

  • @nicholsonalexander1437
    @nicholsonalexander1437 Pƙed 2 lety

    Great stuff

  • @DanielSmith-tn8un
    @DanielSmith-tn8un Pƙed 2 lety

    You guys do a fantastic job, do you have any videos on trading on a mobile platform, or trading from a mobile app

  • @94forbesk
    @94forbesk Pƙed 4 lety +3

    Hello I really appreciate all of your insight and explanations! I'm fairly new and am trading on Robinhood where we don't have access to time and sales, but we do have access to the order book and depth chart. My question is how do the order book and depth chart compare to time and sales?

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety +2

      TOS - completed transactions. Order book - available counter-parties. TOS is a better representation of what is happening in the market. Please subscribe to this channel and join us live everyday at 9 a.m. ET!

    • @darknessfierce4209
      @darknessfierce4209 Pƙed rokem

      You can set up account at other brokers with no money and use their tools

  • @paulmwaisemba4249
    @paulmwaisemba4249 Pƙed rokem

    Great explaining on vix
    So i have two brokers accounts and I use TradingView and mt5 to execute trades
    Where and how do i access the level 2 info? please help

  • @superwalnuts8760
    @superwalnuts8760 Pƙed 2 lety

    wow this is something that won't be learned overnight. I'll be trading paper for a while yet.

  • @impsquared
    @impsquared Pƙed 3 lety +1

    great video

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety

      Glad you enjoyed it! Please subscribe to see more educational videos!

  • @pavpat6389
    @pavpat6389 Pƙed rokem +1

    I hope you see this comment.
    A lot of the times, when I see the T&S for SPY 500, I noticed some transactions (in red) that are wayy below the BID.
    I.e. SPY is trading at 400, but a few big sized (250k+) tranactions (probably sells) happening at the 395 range, even though SPY has not traded there all. What do you make of those transactions?
    Any help would be appreciated.
    Thank you!

  • @832elf
    @832elf Pƙed 4 lety +1

    Thanks for the vid. Can you do a video on how to read time and sales in thinkorswim because the L2 displays differently than tradestation there is no dark pool. Also seems like the bid and ask is switched around in Tos

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety

      Thank you for the suggestion but we are using different platform!
      Shawn and Neal use the PPro8 Trading Platform. Learn more: dttw.com

  • @jamc6090
    @jamc6090 Pƙed 3 lety +1

    Great video, could you tell me on which timeframe you guys trade e.g 5 min or 1 min. Thank you

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety

      We use 1 min, 3 min and 5 min timeframes!
      Timeframes video: czcams.com/video/mATvj00Wld4/video.html

  • @mwalex979
    @mwalex979 Pƙed 2 lety

    great , i have a question , how i know if the midpoint orders are hidden sellers or hidden buyers?

  • @absolutebosscollective8202

    Awesome 😎

  • @robertchavez5137
    @robertchavez5137 Pƙed 3 lety +1

    Mind blown

  • @sauloalcantara9637
    @sauloalcantara9637 Pƙed rokem

    Do you have a brokerage ranking and balance?

  • @CocoTheGr8t
    @CocoTheGr8t Pƙed 2 lety

    Which data company are you using? And, is professional data same as non professional data?

  • @thepharmacistview2490
    @thepharmacistview2490 Pƙed 4 lety +1

    Hi friends,
    Please what are the best books to read about technical analysis and trading psychology
    THANK YOU

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety

      In regards of trading psychology: Market Wizards!
      We don't specialize in tech analysis so can't help with that!
      We recommend you to stay tuned to this educational channel - we post videos constantly!

  • @esculpiendopensamiento
    @esculpiendopensamiento Pƙed 3 lety +1

    It's possible to watch Time and Sales of the day on a stock after close?

  • @richyvauzz5706
    @richyvauzz5706 Pƙed 4 lety +1

    I would really like to know what platform you guys are trading on?!?!

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety

      Shawn and Neal use the PPro8 Trading Platform. Learn more: dttw.com
      Please subscribe to this channel to see more educational content!

  • @robertchavez5137
    @robertchavez5137 Pƙed 3 lety +1

    Ive never used level 2 and see why I need to start

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety

      Glad we are helpful!
      Please stay tuned, more great videos are coming!

  • @jefersonca1148
    @jefersonca1148 Pƙed 3 lety +1

    what platform is this that shows the time and sales? thanks

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety

      Neal and Shawn use the PPro8 Trading Platform. Learn more: dttw.com

  • @daytonasmoove938
    @daytonasmoove938 Pƙed 4 lety +2

    Oh so the time and sales , when it appears green that symbolizes buys and red are sells ?

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety +1

      Most platforms allow you to select the colors for the different prints as desired! Please subscribe to this channel to see more educational content, and catch our live trading show everyday at 9 a.m. ET!

  • @samuelmicho
    @samuelmicho Pƙed 4 lety +2

    im a new trader, i see you talk alot about route for liquidity.. when you are reading chart, lvl 2 and time sales, and you decide to enter a trade, do you manually choose which route ? i guess using hotkeys ? i think by default my broker use a 'smart' route , i guess the downside is that i can get slower / bad fill ? right ? does it matter just for daytraders and scalpers ??

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety +1

      We are dropping our next educational video about liquidity tomorrow at 9 a.m. ET! It will explain a lot with your question! Also please join our live show at 9 a.m. ET! If you will still have questions - please let us know on the live chat!

  • @jigarpatel1978
    @jigarpatel1978 Pƙed měsĂ­cem

    how does one get access to dark pools? my time and sales on webull doesnt show any dark pools?

  • @johnvanderbur8976
    @johnvanderbur8976 Pƙed 3 lety +1

    I don't see the letter and market center breakdown? Thanks

  • @ilyas9342
    @ilyas9342 Pƙed 4 lety +1

    it's so professional thank you for the informations. can I get some books tittle for reading?

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety +1

      Glad you liked it! Please stay tuned to see more educational content!
      We would recommend Market Wizards: Interviews with Top Traders Kindle Edition
      by Jack D. Schwager

  • @utshabghimire2089
    @utshabghimire2089 Pƙed 4 lety +2

    Hello guys but what about all the online traders doing trading from particular platform.

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety

      TOS - completed transactions. Order book - available counter-parties. TOS is a better representation of what is happening in the market.
      Please subscribe to this channel to see more educational content, and join our live trading show everyday at 9 a.m. ET!
      Shawn and Neal use the PPro8 Trading Platform. Learn more: dttw.com.

  • @steveballes5396
    @steveballes5396 Pƙed 3 lety +1

    👊

  • @justadude420
    @justadude420 Pƙed 3 lety +1

    Wouldn't putting in a huge order and then pulling it be considered market manipulation ?

  • @LuisTorres700
    @LuisTorres700 Pƙed 2 lety

    I don't understand what is "above ask trades" and "below bid trades"

  • @VicDamoneJr82
    @VicDamoneJr82 Pƙed 3 lety +1

    Isn’t the tos lagging and some of it isnt revealed

  • @moneybags179
    @moneybags179 Pƙed 3 lety +1

    So basically put ina bid and hope for the best =)

  • @1972sparta
    @1972sparta Pƙed 3 lety +1

    That is a very funny looking guy!

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety

      Please subscribe, we post educational content everyday!

  • @lindopolak
    @lindopolak Pƙed 4 lety +1

    I have no idea what are you are talking about guys. How you can be so quick and efficient and watching this L2 flashy chart?

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety +1

      Neal and Shawn have 30 years of combined trading experience! Please learn, practice and stay tuned to see more educational content!

  • @c3zar79escamilla2
    @c3zar79escamilla2 Pƙed 4 lety +2

    Dude in the glasses looks a lot like the Rivian car company CEO. I thought this was his second job because they are not producing shit yet Amazon invested big money.

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 4 lety +1

      Nice one! Please subscribe to this channel to see more educational content!

  • @TheRJG0683
    @TheRJG0683 Pƙed 3 lety +1

    Speaking way to fast but great info

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety

      Thank you for the feedback! Please stay tuned, will be getting better!

  • @moneybags179
    @moneybags179 Pƙed 3 lety

    who in the fuc% buys one share!

    • @fortyinch
      @fortyinch Pƙed 3 lety

      Pretty sure you multiply that to 100

  • @anderbeau
    @anderbeau Pƙed 7 měsĂ­ci

    Why the F are they screaming?! Literally why do people think when they’re delivering finance info they have to do that 😂

  • @marketmarketing7952
    @marketmarketing7952 Pƙed 2 lety

    Shawn be yelling for no reason. calm down bro.

  • @mudballs
    @mudballs Pƙed 3 lety +1

    Guy with the beard...tone down your high volume voice jesus christ that made me close the vid...hire a sound engineer or fire the one you do have

    • @MoreTraderTVLive
      @MoreTraderTVLive  Pƙed 3 lety +1

      Sorry to hear, we will fix the issue, thank you for the feedback! Please stay tuned, more educational videos are coming!