We have gotten some comments and emails from some fellow readers asking what is included in our Reading the Tape program so we prepared this syllabus.
SMB Reading the Tape Syllabus
DAY 1: The Basics
The Basics
1. Two quick written lectures on The Level II and The Prints including a Glossary.
2. One 15-minute audio lecture on the Prints complimenting the written lecture.
3. 1 hour and 15 minutes of video lectures on The Level II and the Prints.
4. Multiple-choice quiz to reinforce your knowledge on the Basics: The Level II, Jargon, and Prints.
The Indicators
1. Four written lectures on the Reading the Tape indicators
2. 5-minute audio lecture and 10-minute video on indicator # 1.
3. 30 minute video compilation that includes examples of indicator #2.
4. 20 minutes of video lectures on indicator # 3.
5. 2 Multiple-choice quizzes to reinforce your knowledge on all of our indicators
Psychology of Tape Reading
1. Two written lectures on: “Thinking like the Big Player” and “Always Analyzing your Positions”
2. 1 hour of video lectures complimenting the written lectures
Proper Preparation Before Trading Plays & Execution
1. Two written lectures: Times of the Day & Important Questions Before Each Trade
Putting It Together
1. One written lecture on some notorious print patterns and a multiple choice quiz to recap the day.
Day 2: Trading Plays and Trade Execution
Getting Trading Ideas from the Charts
1. Three written lectures on the following topics: “Seeing the Tape from the Charts”, “Adding Probability to Chart Plays”, and “Different Lots, Different Plans”
2. 35 minutes of video lectures to compliment the written with examples.
3. Multiple-choice quiz to reinforce your knowledge on Trading Ideas from Charts.
Trade Execution
1. Two written lectures on “Proper Execution of Scalp Plays” and Proper Execution of Trade2Hold Plays”
2. Four hours of video lectures with 9 examples of different scalp plays and 6 examples of different trade2hold plays
3. Multiple-choice quiz to reinforce your knowledge of “Proper Execution of Trade2Hold Plays”.
4. SMB Reading the Tape Cheat Sheet
24 Comments on “Reading the Tape Syllabus”
OK thank you however….
i assume the tape reading indicators are proprietary? Will the learner have access to these indicators when they purchase the course?
OK thank you however….
i assume the tape reading indicators are proprietary? Will the learner have access to these indicators when they purchase the course?
Is this opportunity already rolled into your monthly training curriculum?
M.
Is this opportunity already rolled into your monthly training curriculum?
M.
Trader – yes the indicators are proprietary and thus not disclosed here on the website. However, they are fully disclosed in the training program. They are not chart indicators though. They are indicators based on the level II.
wbluyonder, tape reading is taught throughout the whole 5 week program. As of now, when you purchase the SMB Edge you will also receive the RTT program. We are in the process of integrating both into the SMB Edge.
If I only trade es futures would this coarse have the same value as you seem heavy into level 2 which is not vary useful for futures
If I only trade es futures would this coarse have the same value as you seem heavy into level 2 which is not vary useful for futures
What 2 days will the tape reading course be offered? Also, once I sign up for the course is it archived for me to refer back to as needed? Thank you.
What 2 days will the tape reading course be offered? Also, once I sign up for the course is it archived for me to refer back to as needed? Thank you.
William – The Reading the Tape program is available online through our website. The program is scheduled for 2-days but you are able to complete it at your own pace. You have access to the training program materials for 30 days.
Is this a remote course and when does the next one start ?
Can someone please call me with details.
416 447 9955
Is this a remote course and when does the next one start ?
Can someone please call me with details.
416 447 9955
are you adding to liquidity and getting payed for it as you trade I would like to learn how to do that
tkx
are you adding to liquidity and getting payed for it as you trade I would like to learn how to do that
tkx
Hello SMB Cap. I have 3 questions to ask.
1) what is the difference between Level 2 and Futures (dom) Market Depth.? they look totally different..
2) If i take SMB tape reading course, how can i use those skills in futures market. sins Dom. looks different from L2?
3) can we use this skills on Forex Spot market?
Hello SMB Cap. I have 3 questions to ask.
1) what is the difference between Level 2 and Futures (dom) Market Depth.? they look totally different..
2) If i take SMB tape reading course, how can i use those skills in futures market. sins Dom. looks different from L2?
3) can we use this skills on Forex Spot market?
How long does it take to learn the skill of Tape Reading?
thanx
How long does it take to learn the skill of Tape Reading?
thanx
Sirs,
So my understanding is that we have 30 days to complete the 2 day course? Will we then be able to ‘read the tape’ on any stock or future DOM? Will we need to join or subscribe to a proprietary program in order to ‘read the tape’?
Regards, Gary
Sirs,
So my understanding is that we have 30 days to complete the 2 day course? Will we then be able to ‘read the tape’ on any stock or future DOM? Will we need to join or subscribe to a proprietary program in order to ‘read the tape’?
Regards, Gary
Gary,
The Reading the Tape program is a two-day intensive course that gives you the skills necessary to become proficient at Reading the Tape. The program includes written and audio lectures as well as videos of actual trading with audio commentary. Quizzes are also provided to reinforce the skills you have learned.
You have access to the program course materials via our website for 30-days. This should give you plenty of time to revisit any concepts you don’t fully understand while you practice your new tape reading skills in your own trading. Of course, learning to read the tape is a skill that you are always continuing to develop, and while the course will teach you this important skill, it is only through repeated practice that you will truly become a master.
Gary,
The Reading the Tape program is a two-day intensive course that gives you the skills necessary to become proficient at Reading the Tape. The program includes written and audio lectures as well as videos of actual trading with audio commentary. Quizzes are also provided to reinforce the skills you have learned.
You have access to the program course materials via our website for 30-days. This should give you plenty of time to revisit any concepts you don’t fully understand while you practice your new tape reading skills in your own trading. Of course, learning to read the tape is a skill that you are always continuing to develop, and while the course will teach you this important skill, it is only through repeated practice that you will truly become a master.
Quick question:
Does the Reading the Tape program deal with algos / HFT and the games they play?
Regards,
Kevin
Quick question:
Does the Reading the Tape program deal with algos / HFT and the games they play?
Regards,
Kevin