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Q&A | JUL 2001
Q&A by Don Bright
Q&A by Don Bright READING THE TAPE You often mention “reading the tape” in your articles. What do you mean by that? Please explain. Also, what trading software do you recommend? Thanks for your help. — Moses Mannaa, via e-mail Reading the tape is probably the single most important talent traders can develop. Each trader has a dedicated ticker that shows every trade on each individual stock (one tape for each security). After you know the players and the things to look for on the tape, you can successfully identify short sellers (extremely valuable!), institutional buying, company buyback programs, and so on. This is a learned talent that floor traders have used for decades.
by Don Bright
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