Skill
Tape Reading
Finance and Accounting
Tape reading is a technique used by traders to analyze real-time price and volume data, historically displayed on a ticker tape, to anticipate short-term price movements in stocks or other securities. It involves watching order flow, bid-ask spreads, and trade sizes to gauge market sentiment and momentum. Day traders and scalpers use it as a discretionary skill alongside technical charts to time entries and exits.
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Related skills
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