What is Level 2 Data on ThinkorSwim | Time & Sales and Level 2

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  • Опубликовано: 2 июл 2024
  • Today we’ll be quickly covering Level II and Time & Sales within ThinkorSwim. These two tools will let us get a better look at a stocks liquidity and supply and demand in real time.
    Level 2 is essentially the order book. It’s simply a list of all the open orders out there to buy and sell the stock right now. Time and sales on the other hand is a list of all the trades that have already filled and the prices they filled at.
    Timestamps
    0:00 Intro to Level 2 & Time/Sales
    1:07 How to Add Level 2
    2:54 Add Level 2 to Side Panel
    3:54 Level 2 Explained
    8:03 Time and Sales Explained
    9:03 How it can be used
    11:59 Outro
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Комментарии • 29

  • @shortthestrike
    @shortthestrike  Год назад +9

    Consider hitting the LIKE button if you found this helpful!

  • @rocket5208
    @rocket5208 10 месяцев назад +1

    I get carried away easily when trying to follow educational material, not for lack of desire. This person is doing a superb job explaing, everytime I catch myself getting carried away, I get pulled back instantly. The different examples, coupled with the flow, the tember, delivery, and to the point info is talented.

  • @bencamp6522
    @bencamp6522 Год назад +3

    Great explanation and walkthrough. Thank you. Looking forward to the bookmap video

  • @DerkMiester
    @DerkMiester Год назад

    Thank you for this one! I've been confused about these tools for a while now!

  • @mariomujica3339
    @mariomujica3339 17 дней назад

    AWESOMEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

  • @minemoney4us
    @minemoney4us Год назад +1

    Great video bro, really love your support and teaching to the community.

  • @D.Mill_
    @D.Mill_ Год назад +1

    Excellent video. Thank you for all your teaching

  • @lemguntur
    @lemguntur Год назад

    Another great video !! This is helpful.

  • @spbizzy_
    @spbizzy_ 11 месяцев назад

    You are awesome!!! This video was so informative. I can’t believe it! Thank you.

  • @D.Mill_
    @D.Mill_ Год назад +1

    Consider doing a video on options scalping using L2 and Time & Sales info. Possibility showing when to enter and exit the scalp with “live” on demand

  • @manny9800
    @manny9800 Год назад

    Awesome video,very informative for think or swim.

  • @rolandrojas8473
    @rolandrojas8473 5 месяцев назад

    EXCELLENT VIDEO !!!

  • @ShoresOfHelll
    @ShoresOfHelll Год назад

    thanks for the amazing video.

  • @vision1707
    @vision1707 4 месяца назад

    Thank you

  • @jherc135
    @jherc135 5 месяцев назад

    As always, very informative. Aloha....J

  • @nursenasdaq
    @nursenasdaq 5 месяцев назад

    Thank you!

  • @chadjennings4810
    @chadjennings4810 11 месяцев назад +1

    Great video! What are the differences in red and green color of the numbers on the bid/ask on level 2?

  • @michaelclancy7874
    @michaelclancy7874 5 месяцев назад

    Thank you for making these videos. Any idea on how to close Level 2 quotes and time & sales?Idont need them and could use the real estate. Thx Mike

  • @jherc135
    @jherc135 5 месяцев назад

    I watch this video again...great stuff. Rookie question here! I heard in another video if there's a large ask #, it's likely the stock will go up. I'm a bit confused by this...can provide a quick correlation between high BID vs high ASK orders? High BID # normally means______. I've been watching level II recently and I'm not able to make the correlation. Cheers, J

  • @brotherinlaw0215
    @brotherinlaw0215 Год назад

    Great Video!!!! Can you do a video on Hot keys?

  • @heavenbound78
    @heavenbound78 Год назад +1

    why is my sell side on the left and buy is on the right, interesting

  • @Key.J.
    @Key.J. 3 месяца назад

    Is it possible, could you do a tutorial on Level 2 data on TOS Mobile, and charting on TOS Mobile. That would be great ❤

  • @jekyllandhyde516
    @jekyllandhyde516 Год назад

    I don't know how to use it so could you please make a video using these tools in ondemand. Thank you.

  • @nycbankers1427
    @nycbankers1427 Год назад

    So please explain this if an order comes in times and sales in red prints it could mean two things someone bought the offer and at that price ? And if some green prints come on the time and sales someone sold the bid ?

  • @theplayerschannel6589
    @theplayerschannel6589 Год назад

    So if it’s a series of Red sells, that means the price would be going down further?

  • @gshadd760
    @gshadd760 9 месяцев назад

    where do i find the script to copy

  • @luarzeraus494
    @luarzeraus494 3 месяца назад

    tyytytyty

  • @Brandon-rt7dn
    @Brandon-rt7dn Год назад

    Thanks for another great video. I kept hearing about fake orders to manipulate the price. Is that possible and how does that work?