Why can't people just answer trader28 original question? Why all the cut downs..etc.?He asked a sensible question. What is it with you guys? Is it too much to ask that if you don't like tapereading find another thread.
What is your problem dude? Why the mockery? He plainly said that he was "new" to this subject in his first post.
I know I'm smart, no news flash there, I'm also wealthy unlike you so give that a good hard think in your armchair while you brush the beer and nuts off your singlet
Not neccesarily so. If you have some good instructions beforehand on how to read the tape the learning curve can be cut down to a whole lot less than thousands of hours.
I sense you do not really know what you're talking about. I do not think you even understand what the tape means and what Livermore meant when he started to recognize the bucket shop scam through the tape. I suggest you re-read the first few chapters of ROS to understand the type of tape reading most NYSE day traders do (or at least try to). The NYSE tape and Nasdaq Time & Sales are quite different. The reason you would want Level II is to see the MMIDs so that you can try to pick up which one may moving the stock. But hey you sound like the standard ET super multi millionaire trader. I dunno why you're asking Steve for some calls on ACI, you should just go and make a killing on it since you seem to be such an expert on the tape.