You know, I have done a lot of reading on these boards for the past couple of months and the last 3-4 weeks especially focused on understanding the tape and watching price action on five minute candlestick bars, level II screens and volume all at the same time. What I have noticed is something alarming. You remember in school when you were taking calculus, linear algebra, statistics or anything of the like, and the prof would lecture and give examples on the board of how to solve the problems and you remember thinking, wow, this isnt that difficult and then you went home and did the assignment and other problems from the text and found that althought difficult, you could learn this stuff, but then came exam time and the problems that seemed so easy from the prof and the text, well, you got somethign that looked a little different, just didnt have the same easiness, and the prof decided to throw some kinks in just to make it difficult. Well, that is what it is like on these boards when it comes to trading and reading the tape. Everyone talks a good game but when it comes right down to it, there is nothing tangible and concrete about what they are saying. Let me give you an example. If you do some research, as I have, there was a thread started I dont know when, maybe someone else does, I believe it was discussing the importance of volume when reading the tape and that price and volume go hand in hand. Great, no problem, makes sense right?!! In that thread there was a chart with an example of what the person was talking about. I cant remember where the thread is, but basically the gist of it was that the stock in question was on a staircase upwards early in the day. There were three legs up. The first leg up had green bars with significant volume and the volume itself was on an upwards staircase, meaning that interest in the stock was strong, so it was good to get in. Great. The second leg up had lesser volume than the first leg up but the volume itself was still on an upwards stair case meaning that as the price increased, yes, there was more interest in buying. Okay. The third leg up had even lesser volume than the second leg up, but this time the volume was on a downwards staircase, indicating that the trend was about to change and that the stock would reverse. Makes perfect sense. Low and behold, the stock reversed and started to come down. Hence, the price action and volume indicated exactly that. I left thinking, okay, I learned something here. This is good. Study. Learn. Look at other charts. So I did. Here's what I concluded. The same as the prof example, that was an ideal situation that cannot be applied to the average day in the average stock. Have a look at this snapshot for example. I currently own this stock myself but I dont daytrade it, because I dont know how and am not currently set up to do so. I will in the short term future be set up to do so, but until I learn to daytrade, I will simply trade longer term time frames. Nevertheless, have a look at the chart for todays action and the corresponding volume. Tell me what you see. What I see is a day that started out with some serious strength and then became random out of nowhere with no particular trend and I find myself lost. Just look at that volume bar just after 12:45pm. The sell side volume picks up substantially. The move to the downside? Basically nonexistent. Does anyone see any trends at all. You see, that is the problem, taking what people say on these boards and making it tangible. Look, no one is going to teach anyone how to trade, any idiot knows that, but it would be nice to hear someoneâs opinion on a day where things are strong, but yet no real pattern exists to trade. Any other stocks and snapshots and examples would be great. Feel free to comment, criticize (which I am sure many will do and love to do) and add in depth analysis.