Tape Reading

See What Others
Can't See

Learn to read Level 2 market data and time & sales like a pro. Spot institutional activity, absorption, and momentum shifts before they appear on the chart.

Master the Art of Tape Reading

Level 2 Interpretation

Understand bid/ask stacks, order sizes, and how to identify real vs fake liquidity.

Time & Sales Reading

Learn to read the tape - spot large prints, identify buyer/seller aggression, and track momentum.

Absorption Patterns

Identify when large orders are absorbing selling pressure without price moving - a bullish signal.

Spoofing Detection

Recognize fake orders designed to manipulate price. Don't get fooled by phantom liquidity.

Momentum Shifts

Spot when momentum is changing before it shows on the chart. Get in early, get out early.

Iceberg Orders

Learn to detect hidden institutional orders that are being executed in smaller pieces.

Practice Real Market Scenarios

Our simulations are based on real market behavior, not simplified examples.

Support Defense

Beginner

Watch a large bid defend a support level, absorbing sell orders without breaking.

Outcome:Bullish reversal signal

Breakout Confirmation

Intermediate

Identify genuine breakouts vs false breakouts by reading order flow at key levels.

Outcome:High-probability entries

Distribution Detection

Advanced

Spot institutional selling disguised as normal market activity before the drop.

Outcome:Early exit signals

Momentum Exhaustion

Advanced

Recognize when buying pressure is weakening despite price still climbing.

Outcome:Reversal preparation

How Training Works

1

Watch the Simulation

See realistic Level 2 data and time & sales play out in real-time or adjustable speed.

2

Make Your Call

Predict what will happen next based on what you're seeing in the order flow.

3

See the Outcome

Watch the scenario complete and see detailed explanation of the signals.

4

Build Intuition

Repetition builds the neural pathways for fast, accurate tape reading in live markets.

Training Features

  • Realistic market simulations
  • Adjustable playback speed (0.5x - 10x)
  • Multiple difficulty levels
  • Detailed pattern explanations
  • Progress tracking
  • Webull-style UI familiar to day traders

Try Tape Reading Free

Experience our tape reading simulator with a free demo scenario. No signup required.