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I trade NYSE as well, today I saw on the tape that the bid just kept printing and it did not go away, then the offer prints and the offer becomes bid. ....does that mean there was a buyer and a seller and at the end, the seller was done, but the buyer kept going? btw, do you look at the...

what happens when you have a buyer and a seller in the same stock? Does one eventually give in/ finishes order, takes a break, but how will the quotes and prints be visualized?

you could be the first to hit the bid as many may have offered below...

Have you considered trading?

what constitutes a strong stock, a weak stock? I know I have a lot of questions but I am just trying to learn. Thanks guys for all the support! :)

With the openbook, I can see that there are large offers 150 in size, etc... resting at even numbers...so who put the offer there? Is it an insitutional seller trying to work the order him/herself without the specialist? Is that the price the seller is resting at...the evens? Does seeing large...

Without bullets, etc...doesn't most day traders, etc... have to follow the uptick rule? what are the signs that a market order is going to take place or is taking place? if the bids are repeatedly printing lower and lower?

so if you are trading listed now, how long do you think we are until we are jobless? when you are talking about autobots, are you talking about institutions using them or daytraders or NYSE specialists?

autobots run on scripts and conditional statements don't they? I would imagine a real successful equity trader is better than a robot...I guess most of that advantage comes from knowing how to read the tape well...why is pair trading being looked at as an alternative besides being hedged in the...

very interesting. I heard that the specialist on NYSE is being more and more automated as well. You're saying that pair trading is the answer (or at least a good answer) to the future market changes/exchange changes that's ahead? How long are these changes going to start happening?

can you explain a little more of the market shorts in terms of how they happen and why they happen, and how do you know when it happens? Who does market shorts? What do you mean by if it's real that it has to be one penny above the last print? You mean the uptick rule? I assume you mean the...

Hey Spxdes, I have just started trading NYSE listed and currently I am scalping....well I should say I am beginning to learn how to scalp :) -From my training classes, we were taught to look for "chasers" (fast, short-lived, downward movements of a stock where we would short the stock...

Are there any programs that will log each print that goes off? Currently I am using tradespeed.

i heard that in bloomberg, you can actually see the major firms holdings in terms of large institutional orders and interest, but I never found it on the site... are you using the free version of briefing? how is it?

Spxdes, Steve, scalping is a lot of fast movements, quotes and prints go by lightning fast, how do you determine where to enter? Do you do chasers? I am learning how to scalp but it looks that the information comes in and goes by so fast that how do you base your judgements on when to enter...

exactly. I would like to know as well. I mostly scalp but Maverick's tape reading method seems to be more concrete and I definitely like to know more.

I did catch that, or at least what I can at this beginner level I am in right now. The bid/offer steps up, he would always be there with some little shares and keep buying, selling. The thing is that what are the characteristics regarding quotes and prints that can clue you in on such action as...

for the first 49.75, why does it not have size? Or is it the same 49.75 with 500?

"49.75 49.70 49. 80 5 150 5 _49.75 4_49.76" it's from Don of Bright Trading's website: http://www.stocktrading.com/tape.htm what are the bids, ask, and the prints?

Maverick, can you elaborate on how to spot the institutional buyer/seller? I know you have mentioned about stepping up the bid or stepping down the offer, but I was not able to put everything together into a clear picture. How does double prints play into this?