Trading 101 – A Quick Lesson On “Tape Speed”
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Have you heard of the term “tape speed?” Tape speed refers to speed of orders going through on a time and sales window. The tape can tell you if the market is active or slow. As such, the tape can tell you when you should trade vs when you should stay away.
Knowing a “fast tape” from a “slow tape” is a key skill that will help you in your trading.
This video will show you an example of what a “slow tape” looks like, and provide you with tips on how to identify when the tape is speeding back up.
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