I’m using Robinhood for my broker and Webull’s chart with time and sales, no level 2. The T&S does help me quite a bit, thanks Ross! I wouldn’t be doing near as well without your videos.
Ross, I appreciate the amount of clarity in your videos. Being able to see the fine details & numbers while you are discussing the trade has been very educational.
i love your videos man i wish if i can buy your course, its way out of my budget lol please continue posting this type of educational content. u had my subscription at hasty lol
Hi Ross, Thank you for everything you do ! .. .Is there a page(on your website) with details on your setup ,...DATA feed subscriptions , data and chart software subscription that YOU have. im trying to setup my day trading as close to yours as possible. Thank you.
there are green lettered orders and fully highlighted solid green orders (with white font). what are the solid highlighted ones vs the green lettered ones? the highlighted ones are the ones that people are buying at above the ask to get shares quickly? highlighted solid red (with white font) is when people are selling below the bid to get out quickly? I guess knowing this would be how desperate people are to get in or get out. hard to find this information. Thank you, Ross and team.
Thanks Ross @Warrior Trading! It would have been nice if you could screen record a real low float trade and comment on the Level II and Time & Sales & Chart as you make your decision to enter or pass/exit or stay:) It would be a real nugget as perhaps your strongest side as a trading teacher is sharing your assessments, especially enter/exit assessments in real time.
Hey Per we do have some videos in the Warrior Pro courses, the best way for you to learn more about trading and how you can get started would be to join us in the next live Warrior Trading webinar. It's free to sign up and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for attending! Sign up here: webinar.warriortrading.com/signup
Thanks Achilles, the white lines between time and sales are orders that are BETWEEN the spread. So I usually don't think too much of them. I focus on Green or Red :)
are all spoof orders on ARCA? I understand that on ARCA one can disguise their true share size. So if ones sees ARCA, there is a possibility? or can this done be done on the other venues as well? Is there a list of the ones we should know? Thanks! i separated my questions into two comments since this one just came to mind. thanks again
Huge fan of your videos and opening up a lightspeed account Feb 1st! What add on's do you use for your esignal charts? Do you use any of the Level 2 data or just the real-time NYSE and NASDAQ exchange feeds? Or just use the Level 2 data in your Lightspeed software... Thanks for all your excellent knowledge!
Awesome, as for data feeds, when setting up your data subscriptions for Lightspeed, CMEG, Esignal or any other market data type, we recommend getting the following: NASDAQ Total View, AMEX, and NYSE ARCA book.
Hello. Excellent video! Could you tell me, please, how can I see the Nasdaq stock? In the video, the tape is shown only APPL. And it is possible to display in one window the tapes of deals (Time and sale) several shares at once. Would you help me with this. Thanks
Once you have a broker, you can sign up for market data that includes level 2 data for NSDQ listed stocks. You can learn more about popular market data used by our mentors here: support.warriortrading.com/support/solutions/articles/19000110555-what-market-data-should-i-use-for-trading-
Hey Ross, are the sales multiplied by 100? I see a lot of 100 share sizes but surely the institutional investors are moving much larger size. Do you look for an Axe? A massive order revealing and confirming a reversal? Thanks
HI Ross Great video! I wanted to ask you about the pricing mechanism. So if there are more green orders going through that means that more 'Ask' are getting there orders filled at the slightly higher price than what bidders are bidding. So as I understand it if there are more green scrolling net-net meaning Number of orders multiplied by the number lots @ each order (Total Lots) then there is upward pressure. So then does that mean more "Ask' will come out the woodworks and start asking for higher prices and make the market price move higher? In this specific example by $0.10 the next uptick price? Sorry for the long question am trying to understand the intricacies of pricing mechanism. Thanks Again
How does a blur of unreadable lightning fast numbers tell u anything different than the candkesticks? Correct me if I'm wrong, but time and sales doesn't predict the future. It tells you what just happened in the past right!
If you haven't had a chance to attend yet, the best way for you to learn more about the details of how Ross incorporates that data into his trading would be to join us in the next Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
So, if I see a lot of "ask order" on the tape, I'm expecting price to move up and if I see a lot of "bid order" I'm expecting to see price move down? Is that a fair summary? - Thanks
Hey, Actually, if Ross saw that there was lots of orders on the bid, he might consider that to be a level of support. On the other hand, if there was lots of orders on the ask, Ross might consider that to be a level of resistance.
But these orders. Help me learn about all these complex Trading buying and selling shares and that's my goal to learn all that so I can get started next year on those next year
Hey KMWS, To get started with Warrior Trading join us in our next webinar! It's free to join and sign up and you will receive a copy of Ross' best-selling eBook "How To Day Trade" just for attending! Sign up here: webinar.warriortrading.com/signup
So again ... I keep being told by others out here on that the Ask column in red are limit sellers and the Bid column in green are limit buyers yet when I see the execution on the tape I see the market/limit buy orders in green corresponding to the Ask sellers and the sell orders in red corresponding to the market/limit orders in green...why are the sellers in the ask column pushing UP the market price in green on the tape and the buyers on the bid column pushing DOWN the market price in red?? I've been at this literally all night and can't get a straight answer from ANYBODY why are the buyers pushing the market price DOWN and the sellers pushing the market price UP??
If there is a 10k seller on the ask at 6.01 and no other sellers until another 10k seller at 6.05, if somebody pressed a market buy order for 10k shares they will purchase the 10k for sale at 6.01, those will disappear, and the price will move up to the next sell order, in this case 6.05. Therefore; buyers buying orders on the ask will result in the price going up and sellers selling orders on the bid will result in the price going down. I hope that is helpful.
If you haven't had a chance to attend yet, the best way for you to learn more on this would be to join us in the next Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
Hi Ross, why does the volume remains the same when the time and sales changes? For example there was a transaction in the time & sales in the last minute with the size of 100 which equals to 10k shares, but the volume does not change and stays at 0?
You need to have a balance of $25k to open a Lightspeed account. www.warriortrading.com/lightspeed-trading-review/ These are two offshore brokers that people in our community or our educators have used that you can research. For accounts under $25,000 (as little as $500), you can take a look at CME Group (US and all international residents except Canada). CME Group review: www.warriortrading.com/capital-markets-elite-group-review/ CME Group website: cmelitegroup.com For accounts under $25,000 Minimum deposit of $1000 available to anyone outside of the USA except Canadians: TradeZero review: www.warriortrading.com/trade-zero-broker-review-how-it-matches-up/ TradeZero website: tradezero.co/ TradeZero WT rebate program: www.warriortrading.com/tradezero-broker-rebate-program/ (Keep in mind that participation in a Broker Rebate Program is not required to trade or to be a member of our community. Rather, they can be an opportunity to receive discounted commission rates if any of these brokerages are a good fit for you.) This article can be a helpful resource for exploring your options for day trading with less than $25k! www.warriortrading.com/how-to-day-trade-without-25k/
Warrior Trading thanks for the reply but I’m still confused on that part...between bid and ask does that mean the person sold shares or purchased? A stock I am trading had a huge order placed exactly 4pm it was green but for some reason I checked later on and it’s turned white.
Hey Lu, most brokers provide level 2 and time and sales data on their platforms. Here are the top 3 overall brokers we recommend: www.warriortrading.com/the-3-best-online-trading-brokers/
Does anyone know what green orders and red orders mean on the Time and Sales in thinkorswim I had people giving me two answers I would appreciate anyone if they can explain in detail thanks
Hi Ross, not only are you
THE Warrior Trader, you are a Warrior in Educating- sure your parents are proud! TY
Thank you!
Great analogy with the car, gives me insight how you operate etc, thanks...
I’m using Robinhood for my broker and Webull’s chart with time and sales, no level 2. The T&S does help me quite a bit, thanks Ross! I wouldn’t be doing near as well without your videos.
Glad to help Houston!
Ross, awesome info as always. Thanks for what you do!
Happy to help Gman!
Ross, I appreciate the amount of clarity in your videos. Being able to see the fine details & numbers while you are discussing the trade has been very educational.
Glad to help Tony!
Your starting to win me over 💪🏽. Thanks for the explanation on level two and time of sale
You're welcome Daunte!
appreciate your openness...great insight!
Thanks!
i love your videos man i wish if i can buy your course, its way out of my budget lol please continue posting this type of educational content. u had my subscription at hasty lol
Thanks loli!
Thank you Ross
green buy
red is coming down
What does white mean? is it affected by the rise or fall?
Did the shorts appear in TIME N SELL?
Want to attend Ross's webinar on learning to trade in a bear market? Follow this link to sign up: warrior.app/bear-market-trading-class
Hi Ross, Thank you for everything you do ! .. .Is there a page(on your website) with details on your setup ,...DATA feed subscriptions , data and chart software subscription that YOU have. im trying to setup my day trading as close to yours as possible.
Thank you.
Hey Samuel, You can check out the courses we offer here: www.warriortrading.com/trading-courses/
Powerful information Ross, thank you for sharing!!!
you're welcome!
there are green lettered orders and fully highlighted solid green orders (with white font). what are the solid highlighted ones vs the green lettered ones? the highlighted ones are the ones that people are buying at above the ask to get shares quickly? highlighted solid red (with white font) is when people are selling below the bid to get out quickly? I guess knowing this would be how desperate people are to get in or get out. hard to find this information. Thank you, Ross and team.
Do you offer a good price for light speed broker and. Warrior trading discount for Boxing Day special
Thanks Ross @Warrior Trading! It would have been nice if you could screen record a real low float trade and comment on the Level II and Time & Sales & Chart as you make your decision to enter or pass/exit or stay:) It would be a real nugget as perhaps your strongest side as a trading teacher is sharing your assessments, especially enter/exit assessments in real time.
Hey Per we do have some videos in the Warrior Pro courses, the best way for you to learn more about trading and how you can get started would be to join us in the next live Warrior Trading webinar. It's free to sign up and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for attending!
Sign up here: webinar.warriortrading.com/signup
Thanks Ross
You're welcome P!
Thank you. It is very helpful to understand the market. Does thinkorswim platform has the time and sale chart?
Hey SW, yes they do!
It’s on the side tab of every chart labeled TS
Great video and great analogy. Ross, what white coloured lines in T&S windows mean? Green - buyers, red - sellers. Thanks!!!
Thanks Achilles, the white lines between time and sales are orders that are BETWEEN the spread. So I usually don't think too much of them. I focus on Green or Red :)
Great video. Thanks Ross. Can you make more detailed video on thinkorswim T&S window!
are all spoof orders on ARCA? I understand that on ARCA one can disguise their true share size. So if ones sees ARCA, there is a possibility? or can this done be done on the other venues as well? Is there a list of the ones we should know? Thanks! i separated my questions into two comments since this one just came to mind. thanks again
Great video but when the green is highlighted what does it mean ?
Green signifies an increase in the stocks price.
@@DaytradeWarrior more like green highlighted buying above the ask price ?
Huge fan of your videos and opening up a lightspeed account Feb 1st! What add on's do you use for your esignal charts? Do you use any of the Level 2 data or just the real-time NYSE and NASDAQ exchange feeds? Or just use the Level 2 data in your Lightspeed software... Thanks for all your excellent knowledge!
Awesome, as for data feeds, when setting up your data subscriptions for Lightspeed, CMEG, Esignal or any other market data type, we recommend getting the following: NASDAQ Total View, AMEX, and NYSE ARCA book.
hi Ross, should i filter time&sales column to display only big size orders? thank you ;)
Eduardo, depends on your trading style and if it would help you!
Hello. Excellent video! Could you tell me, please, how can I see the Nasdaq stock? In the video, the tape is shown only APPL. And it is possible to display in one window the tapes of deals (Time and sale) several shares at once. Would you help me with this. Thanks
Once you have a broker, you can sign up for market data that includes level 2 data for NSDQ listed stocks. You can learn more about popular market data used by our mentors here: support.warriortrading.com/support/solutions/articles/19000110555-what-market-data-should-i-use-for-trading-
@@DaytradeWarrior tnx
you are the best ❤️
Thanks for watching!
goof job, better than smb capital videos
Thanks!
Hey Ross, are the sales multiplied by 100? I see a lot of 100 share sizes but surely the institutional investors are moving much larger size. Do you look for an Axe? A massive order revealing and confirming a reversal? Thanks
Hey David, no that is the number of shares being bought or sold.
@@DaytradeWarrior do u ever see your substantial 10,000 share orders on the time and sales? You are probably someone's AXE!
For the Time & Sales window, Green represents the buy and Red represents the sell. What does the white color font represent?
I believe it means they sold at a break-even. Or that it is after hours purchase/sale.
HI Ross Great video! I wanted to ask you about the pricing mechanism. So if there are more green orders going through that means that more 'Ask' are getting there orders filled at the slightly higher price than what bidders are bidding. So as I understand it if there are more green scrolling net-net meaning Number of orders multiplied by the number lots @ each order (Total Lots) then there is upward pressure. So then does that mean more "Ask' will come out the woodworks and start asking for higher prices and make the market price move higher? In this specific example by $0.10 the next uptick price? Sorry for the long question am trying to understand the intricacies of pricing mechanism. Thanks Again
hey, you should watch this video here: ruclips.net/video/BaZ4R2ovI9k/видео.html
How does a blur of unreadable lightning fast numbers tell u anything different than the candkesticks? Correct me if I'm wrong, but time and sales doesn't predict the future. It tells you what just happened in the past right!
Correct, it's only part of the bigger picture and overall price action.
If you haven't had a chance to attend yet, the best way for you to learn more about the details of how Ross incorporates that data into his trading would be to join us in the next Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
hey ross, what's the difference between "highlighted Green color buy orders" vs"non-highlighted green buy orders " in the time/sale window, thanks
Joseph, the highlighted green orders are block orders.
Valuable stuff
Glad you enjoyed Ernie!
thanks a lot.
Of course BTC!
Ross are you mainly looking at level 2 and glancing at the chart or other way around?
I look at the chart for the setup then watch the L2
So, if I see a lot of "ask order" on the tape, I'm expecting price to move up and if I see a lot of "bid order" I'm expecting to see price move down? Is that a fair summary? - Thanks
Hey, Actually, if Ross saw that there was lots of orders on the bid, he might consider that to be a level of support. On the other hand, if there was lots of orders on the ask, Ross might consider that to be a level of resistance.
I understand the red and green, but what are the white orders?
But these orders. Help me learn about all these complex Trading buying and selling shares and that's my goal to learn all that so I can get started next year on those next year
Hey KMWS, To get started with Warrior Trading join us in our next webinar! It's free to join and sign up and you will receive a copy of Ross' best-selling eBook "How To Day Trade" just for attending! Sign up here: webinar.warriortrading.com/signup
This is called Time and Sales in Traffic mode lol
Owen, haha! :)
So again ... I keep being told by others out here on that the Ask column in red are limit sellers and the Bid column in green are limit buyers yet when I see the execution on the tape I see the market/limit buy orders in green corresponding to the Ask sellers and the sell orders in red corresponding to the market/limit orders in green...why are the sellers in the ask column pushing UP the market price in green on the tape and the buyers on the bid column pushing DOWN the market price in red??
I've been at this literally all night and can't get a straight answer from ANYBODY why are the buyers pushing the market price DOWN and the sellers pushing the market price UP??
If there is a 10k seller on the ask at 6.01 and no other sellers until another 10k seller at 6.05, if somebody pressed a market buy order for 10k shares they will purchase the 10k for sale at 6.01, those will disappear, and the price will move up to the next sell order, in this case 6.05. Therefore; buyers buying orders on the ask will result in the price going up and sellers selling orders on the bid will result in the price going down. I hope that is helpful.
I don't understand what is "above ask trades" and "below bid trades"
If you haven't had a chance to attend yet, the best way for you to learn more on this would be to join us in the next Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/
So you saying the amount of orders of buy and sell orders that's happening throughout the market it reflects on the stocks price movement
Hey KMWS, yes that's right!
Hi Ross, why does the volume remains the same when the time and sales changes? For example there was a transaction in the time & sales in the last minute with the size of 100 which equals to 10k shares, but the volume does not change and stays at 0?
Hard to know, some data may be slightly out of sync.
@@DaytradeWarrior Ok thanks
Sir can you explain the colours in lightspeed time and sales window?
Raghav, they are just the colors that I chose to be able to see the different price levels clearly.
If a trade is made on the ASK, does that make the price go up? Vice-Versa on the BID?
Hey Jacob, in theory yes, however, if more people are trying to sell shares at that price than you are buying then it won't go up.
Anyone know what the single letters next to the price in the Time and Sales box mean?
It would be best to check with Lightspeed!
Is light speed free?
You need to have a balance of $25k to open a Lightspeed account. www.warriortrading.com/lightspeed-trading-review/
These are two offshore brokers that people in our community or our educators have used that you can research.
For accounts under $25,000 (as little as $500), you can take a look at CME Group (US and all international residents except Canada).
CME Group review: www.warriortrading.com/capital-markets-elite-group-review/
CME Group website: cmelitegroup.com
For accounts under $25,000 Minimum deposit of $1000 available to anyone outside of the USA except Canadians:
TradeZero review: www.warriortrading.com/trade-zero-broker-review-how-it-matches-up/
TradeZero website: tradezero.co/
TradeZero WT rebate program: www.warriortrading.com/tradezero-broker-rebate-program/ (Keep in mind that participation in a Broker Rebate Program is not required to trade or to be a member of our community. Rather, they can be an opportunity to receive discounted commission rates if any of these brokerages are a good fit for you.)
This article can be a helpful resource for exploring your options for day trading with less than $25k! www.warriortrading.com/how-to-day-trade-without-25k/
are the white time and sales a buy or a sell?
Those are orders going through between the bid and ask.
Warrior Trading thanks for the reply but I’m still confused on that part...between bid and ask does that mean the person sold shares or purchased? A stock I am trading had a huge order placed exactly 4pm it was green but for some reason I checked later on and it’s turned white.
Hi, What does whites sales mean.?
Those are orders that are filled between the current bid and ask.
Wait, but what do the numbers in white signify in the Level 2?
Those numbers significant that a trade took place in between the bid/ask or at the same price as the last trade
Is it possible to export historical time and sales to excel?
Isnt the time&sale information showed also via the moving candle timeframe?
how about the white lines? green are selling activities, red are buying. how about white color?
Hi sir , Can you please share a live trade video ?
Yes! I have many right here on my channel, keep watching!
@@DaytradeWarrior thank you i will watch all your videos soon...
I get that when buyers buy, it's green, when the sellers sell, it's red. But what are the white prices and the green and red filled ones?
Those are typically orders going through between the bid and ask prices.
Any good level 2 software out there?
Hey Lu, most brokers provide level 2 and time and sales data on their platforms. Here are the top 3 overall brokers we recommend:
www.warriortrading.com/the-3-best-online-trading-brokers/
Can a sell order listed on the bid level 2 if the seller choose to sell from the bid
Sonny, typically that order would be filled right away if the liquidity is there.
How can you read it when it goes very fast?
Hey Terry, it can be hard, the best way to get better is to practice. You can also record your screen while trading and watch it back to practice.
I don't think you ever mentioned what the white numbers were. You said green are buyers and red are sellers
Hey Ghost, Those are market orders or price that is placed between the bid and the ask.
why didn't you comment on the largest trade during the video (5M shares) at 15:26.19 that was .08 above the offer ?
If a round lot is typically considered as 100 in the exchanges, then wouldn't that order be 50 million? Even more crazy
what do the white transactions mean?
Hey Scotch, Mike is right, it's orders that are going through between the bid and the ask.
Warrior Trading u can’t really tell if a stock is being shorted right ?
Does anyone know what green orders and red orders mean on the Time and Sales in thinkorswim I had people giving me two answers I would appreciate anyone if they can explain in detail thanks
You're welcome!
So green means buy, red means sell. What does the white mean?
Hey Timmy, the white is orders that go through below the ask and above the bid!
Warrior Trading thanks so much, Ross! That makes a lot more sense.
Warrior Trading Hey Ross, another question that I have in regards to the white order fills. How do you know if they are a buy or a sell?