BROWSE

Tape Reading

What is 'Tape Reading'

An old investing technique used by day traders to analyze the price and volume of a particular stock in order to execute profitable trades. Tape reading involves evaluating the size of stock orders, order speed, order price, and order condition (at ask, at bid, between ask and bid) to identify trends in trading behavior by insiders, professionals and the general public. These trends help a trader recognize good times to buy or sell.

Explaining 'Tape Reading'

The term gets its name from the old method of displaying trade, bid and ask information on paper printed by ticker tape machines (today, it is displayed electronically). Investors read the tape numbers to create an unemotional analysis and capitalize on the behavior of the market. This technique can be profitable whether the market is bullish or bearish.


Further Reading


Reading the ticker tape in the late nineteenth-century American market
www.tandfonline.com [PDF]
… The reader will find arguments to substantiate this view throughout the following pages … To many, the thought of tape reading is sinister and reeks of gambling … will listen to tips, and will scan brokers' letters and the financial papers, in the hope of hitting upon some commitment …

Where do analysts come from? The case of financial chartismWhere do analysts come from? The case of financial chartism
journals.sagepub.com [PDF]
… The reader will find arguments to substantiate this view throughout the following pages … To many, the thought of tape reading is sinister and reeks of gambling … will listen to tips, and will scan brokers' letters and the financial papers, in the hope of hitting upon some commitment …

Causality, chaos, explanation and prediction in economics and financeCausality, chaos, explanation and prediction in economics and finance
books.google.com [PDF]
… The reader will find arguments to substantiate this view throughout the following pages … To many, the thought of tape reading is sinister and reeks of gambling … will listen to tips, and will scan brokers' letters and the financial papers, in the hope of hitting upon some commitment …

Socio-technical agency in financial markets: The case of the stock tickerSocio-technical agency in financial markets: The case of the stock ticker
journals.sagepub.com [PDF]
… The reader will find arguments to substantiate this view throughout the following pages … To many, the thought of tape reading is sinister and reeks of gambling … will listen to tips, and will scan brokers' letters and the financial papers, in the hope of hitting upon some commitment …

The Brad Johnson Tape, X-On Subjugation, 2017The Brad Johnson Tape, X-On Subjugation, 2017
www.tandfonline.com [PDF]
… The reader will find arguments to substantiate this view throughout the following pages … To many, the thought of tape reading is sinister and reeks of gambling … will listen to tips, and will scan brokers' letters and the financial papers, in the hope of hitting upon some commitment …

Technology, communication and the performance of financial markets: 1840–1975Technology, communication and the performance of financial markets: 1840–1975
onlinelibrary.wiley.com [PDF]
… The reader will find arguments to substantiate this view throughout the following pages … To many, the thought of tape reading is sinister and reeks of gambling … will listen to tips, and will scan brokers' letters and the financial papers, in the hope of hitting upon some commitment …


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