Dr. Brett Steenbarger, respected market psychologist, recently wrote on TraderFeed about the importance of Reading the Tape for short-term traders. In his post, he says that “Reading the tape is key to getting in and out at good prices.” And, “For experienced tape readers, knowing prices where large orders have come into and out of the market can also be useful in market near-term support and resistance.”

In his post Dr. Steenbarger also highlights SMB’s new tape reading program. You can read the full post here.