The Ultimate Level 2 Guide For Complete Beginners

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  • čas přidán 4. 06. 2021
  • Everything you need to know about how to read and use level 2 stock quotes as part of your trading strategy to take consistent profits in the stock market. Taught by professional day traders, for complete beginners! ******* Watch our Live Trading show, Monday to Friday from 9 am to Noon ET! / tradertvlive
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Komentáře • 50

  • @zoratrading
    @zoratrading Před 7 měsíci +3

    Great video to help understanding Level 2. This video and the book "Day trading: Momentum, Level 2 and Reading the tape" sharpened my edge to make better trades.

  • @memecenterTV
    @memecenterTV Před 3 lety +6

    This is gold mine! Thank you for the lessons and tips more of this for the beginners like me, thank you trader live watching you every evening here in the Philippines ♡

    • @TraderTVLive
      @TraderTVLive  Před 3 lety

      Thank you for watching! You are very welcome, please stay tuned, more videos are coming!

  • @nicolasbliss5086
    @nicolasbliss5086 Před 3 lety +10

    Best trading channel on CZcams, you guys are gonna have 1mil subs this year

    • @nicolasbliss5086
      @nicolasbliss5086 Před 3 lety

      @@adriandakota795 I don’t like telegram can I give you a credit card number to get started?

    • @TraderTVLive
      @TraderTVLive  Před 3 lety

      Please be aware of spammers and be advised!

    • @TraderTVLive
      @TraderTVLive  Před 3 lety

      Glad you say so! 1 MILLION subs soon!

  • @barrettblow59
    @barrettblow59 Před 10 měsíci

    Just watched--Thanks for posting these helpful lessons

  • @flowerhour9539
    @flowerhour9539 Před 3 lety +4

    Love these bite size lessons. Thanks guys!

  • @RuffestChune
    @RuffestChune Před 3 lety +3

    Guys are you sending out weekend educationals?!.... I really love this whole team. Thank you for everything

    • @TraderTVLive
      @TraderTVLive  Před 3 lety

      That's right! Now we are posting educational content on the weekends!
      Thank you for being a part of this!

  • @samtroy2199
    @samtroy2199 Před 3 lety +5

    #1 in my books, we ❤️ you guys!!!

  • @brenden8587
    @brenden8587 Před 3 lety +3

    Thanks for doing this!!!

  • @desmondaigbe9469
    @desmondaigbe9469 Před 10 měsíci

    Your explanation is clear, which books can you recommend for newbie like me... thank you

  • @teamcrawford6224
    @teamcrawford6224 Před rokem

    Awesome info fellas

  • @albertosarti2458
    @albertosarti2458 Před 3 lety +1

    Grazie Mille as always :)

  • @uranuss
    @uranuss Před rokem

    Thank you

  • @jimmyb5304
    @jimmyb5304 Před rokem

    You guys are the BEST

  • @frass-vd6gl
    @frass-vd6gl Před 3 lety +1

    Thanks guys lovely videos.

  • @TheMikeymon
    @TheMikeymon Před 3 lety +1

    Love this!

  • @Sebastian0910
    @Sebastian0910 Před 3 lety +1

    Great content!

    • @TraderTVLive
      @TraderTVLive  Před 3 lety

      Glad you say so, please stay tuned, more videos are coming!

  • @farhadwaliyar2388
    @farhadwaliyar2388 Před 9 měsíci

    For level one we can use MT5 or MT4 for level 2 what to use to grt the data?

  • @quavohunch
    @quavohunch Před 4 měsíci

    what program is this?

  • @kalebhansen5581
    @kalebhansen5581 Před rokem +1

    I'm 17 years old learning how to trade. @ 12 minutes in, you had mentioned "your gonna wanna find a gateway that provides a better fee structure". How do i figure out what the fee structure is by using the level 2?

  • @anoopbains1257
    @anoopbains1257 Před 3 lety +2

    what is the mathematical formula Exchanges use to determine the bid or ask price based on the buy or sell volume. I want to understand the parameters which change the price of the stock every second other than fundamentals

    • @TraderTVLive
      @TraderTVLive  Před 3 lety

      I would recommend you to visit www.investopedia.com/

  • @artasaartasa5921
    @artasaartasa5921 Před 3 lety +2

    Great!

  • @brcam2013
    @brcam2013 Před 3 lety +3

    So which is it guys, should a long bias be based off demand(leftside) or supply (rightside)? Neal and Shawn contradict each other in this video. @5:32 Neal says when there is size on the offer(rightside) the price will sometimes drop, but then @8:33 Shawn references the Rightside to be used when wanting to go Long. ??? Thoughts? Can you provide any additional clarity in this?

    • @eguy34
      @eguy34 Před 2 lety

      Anyone have clarity on this? I'm wondering the same thing

    • @adfgdfgd
      @adfgdfgd Před 9 měsíci

      I am also struggling. Anybody who can clarify this?

  • @carlosanaya6324
    @carlosanaya6324 Před 2 lety

    if you want to go long do only watch the last 2 digits of the bid???? and see how fast the times and sales moves?

  • @LukeOnTheMove
    @LukeOnTheMove Před 3 lety +1

    Unfortunately I trade derivatives and no level 2. Are there any reputable places I can pay for it though?

    • @TraderTVLive
      @TraderTVLive  Před 3 lety

      We have level 2 with Ppro8 platform! Learn more: dttw.com

  • @avnibushati2013
    @avnibushati2013 Před 3 měsíci

    So the ask side is where buyers are steping in the bid sellers?

    • @jool5941
      @jool5941 Před 3 měsíci

      No. Think of it this way. If you want to sell a stock you have an asking price. If you want to buy a stock you have a bidding price. The stock market is a giant auction.

  • @PrivateUser909
    @PrivateUser909 Před 3 lety +1

    How much does it cost to have access to that level 2 data? Or is it free with your broker ?

    • @TraderTVLive
      @TraderTVLive  Před 3 lety

      We have it for free with our platform! Neal and Shawn use the PPro8 Trading Platform. Learn more: dttw.com

  • @coachken6130
    @coachken6130 Před 3 lety +3

    How many times do I have to watch this video before it sounds like english?

    • @TraderTVLive
      @TraderTVLive  Před 3 lety

      Please watch this video as many time as you need until you understand the subject!

  • @alansmith888
    @alansmith888 Před 3 lety +2

    Amazing content for free.
    Considering the sheer amount of bullshit influencer traders out there selling crappy courses, these guys are a diamond in a sea of shit.

  • @robweissman5952
    @robweissman5952 Před 2 měsíci

    Huh?

  • @alan5856
    @alan5856 Před 2 lety

    what what u r showing is level 3 but u r talking level2 ..