// TRADING TERMINOLOGY

What is Tape Reading?

A technique used by stock traders to analyze the price and volume of a given stock.

In-Depth Explanation

Historically, "The Tape" was a physical strip of paper showing every trade. Today, it is a digital "Time and Sales" window. It is the most granular level of market data.

Practical Example

"The trader is reading the tape to see if aggressive buyers are hitting the ask price."

Related Terminology

Order Flow

The stream of buy and sell orders currently entering the market.

Execution

The completion of a buy or sell order in the market.

Bull Market

A market condition where prices are rising or expected to rise.

Bear Market

A market condition where prices are falling or expected to fall.

Tradeable Instruments Affected

EUR/USDEuro / US Dollar

GBP/USDBritish Pound / US Dollar

USD/JPYUS Dollar / Japanese Yen

Tactical How-To Guides

How to Start Trading in the UK — Step by Step

Learn how to start trading in the UK. A complete step-by-step guide covering regulation, choosing a broker, and placing your first trade safely.

Read Guide →

How to Day Trade — Step by Step

Master the art of day trading. Learn how to manage your time, choose instruments, and execute trades within a single day.

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How to Keep a Trade Journal

Stop gambling and start trading. Learn the exact process for keeping a professional trading journal that identifies your edge.

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Master the language of risk

Knowing the terms is just the start. Learning how to apply them is where the edge is found.

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