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32 thoughts on “Day traders: how to use level 2 data and time sales trading to predict breakouts”
  1. Avataaar/Circle Created with python_avatars @FFFF-td2hl says:

    can you talk more how to use level to entry pull back set up like bull flag?

  2. Avataaar/Circle Created with python_avatars @boss99gt says:

    Great info thanks Ross!!!

  3. Avataaar/Circle Created with python_avatars @zealr78 says:

    Hi Ross, These videos have been so educational. I am a single mom with a horrible job that takes so much away from my 8 yo and all he has is me. I am determined to learn and become better trader so I can choose to spend more time with him while also putting food on the table and roof over our head. I hope to save up to join your warrior trader pro class soon. Trying to understand the basics so I can make the most of the time in the training. Thank you with the bottom of my heart! I have watched this particular video several times. I watch a lot of your videos several times. Thanks and you will see me as a student, hopefully soon!

  4. Avataaar/Circle Created with python_avatars @rodbowles3104 says:

    How do you know the sell order is getting eaten up. Is it showing it on level 2 in real time after it hits that 22k sell order

  5. Avataaar/Circle Created with python_avatars @tomahawk9415 says:

    Finally someone made it easy! Thank you so much Ross! One question though as i feel confused, which Market data Subscriptions do you have sub'd to? It's a bit confusing for me and i dont know which one to activate

  6. Avataaar/Circle Created with python_avatars @den794qynn618 says:

    Thanks! i had this question on for level 2 prints : when stock is weak, green transaction on prints should be considered long or short bias ? usually its a indication of bullish signal when stock is on uptrend but i think its bearish signal in a weak market ?

  7. Avataaar/Circle Created with python_avatars @wmc2230 says:

    With all do respect there is no info on level 2. You are mostly speaking PA. I have been trading professionally for 13yrs. You obviously know what you're doing but L2 – this video isn't about that.

  8. Avataaar/Circle Created with python_avatars @andresoteroeirasgranda5870 says:

    Why don't You use an On Stop Buy Order just above the Resistence ? It will be executed only if the Break Out happens.

  9. Avataaar/Circle Created with python_avatars @Avchikk says:

    Thanks for the video! But why not use a stop limit order? It would solve the issue instead of trying to time the breakout

  10. Avataaar/Circle Created with python_avatars @huhery2525 says:

    how about using " buy stop" order at 4.96$ for INPX instead of "buy limit" @4.96$?

  11. Avataaar/Circle Created with python_avatars @Darrenm51 says:

    Where to get level 2 data onto chart?

  12. Avataaar/Circle Created with python_avatars @bryeh.7940 says:

    I’m trying to understand how the short sale caused the price to jump up. I kind of understand.

  13. Avataaar/Circle Created with python_avatars @tradeforcharity says:

    nice video. Great explainer.

  14. Avataaar/Circle Created with python_avatars @darknessfierce4209 says:

    This is the guy you want as your science partner, Smart and hard-working and easy to understand

    Thank you for your generosity in sharing

  15. Avataaar/Circle Created with python_avatars @ryanking1543 says:

    Isn't it normal for brokers to allow the bid and ask size to be bigger than it actually is? I know TOS lets you change 100 shares to look like 1000.

  16. Avataaar/Circle Created with python_avatars @chauffeurmarco says:

    With Questrade, we have two clic to do because we get a confirmation box. So it's slower.

  17. Avataaar/Circle Created with python_avatars @Jordan56853 says:

    I'm still learning and love your content so much. I got a bit lost on how to identify the big sell block got taken down though?

  18. Avataaar/Circle Created with python_avatars @saurabh2504 says:

    Beautiful explanations! love it!

  19. Avataaar/Circle Created with python_avatars @thomasfeiller2751 says:

    What I need to understand is how you are configuring your limit orders so quickly. Market orders are fast and easy. But you have to take time to enter certain values for the limit order. How do you make it happen so quickly????!???!!? Using hot keys help. I'll be using Webull. I don't know if it can do what Lightspeed can do. But there has got to be some pre-configuration taking place to make these orders happen so quickly. This and understand level 2s is what make the difference between going broke and being profitable as far as I'm concerned. I appreciate you feedback. Love your vids… thank you. And love your dog. Hope she is well. When she barks in the background my dogs jump up and start barking. It's a crack up.

  20. Avataaar/Circle Created with python_avatars @jonnybritnorth7966 says:

    Ross thanks for confirming what i look for every day. keep up the good work

  21. Avataaar/Circle Created with python_avatars @dirkdarwin2571 says:

    Hey Ross. What do you think of CANSLIM trading?

  22. Avataaar/Circle Created with python_avatars @loidlilpeep503 says:

    Awesome clear lesson. I was however confused to how you knew the price was going to saw past the resistance. I thought having a bounce back on a same high shows signs of a reversal and in this case change from a bullish to bearish trend. Thanks Ross!

  23. Avataaar/Circle Created with python_avatars Hola! @lognd6040 says:

    How come your saying it’s 22,000 shares but it only says 238 on the level 2

  24. Avataaar/Circle Created with python_avatars @kylerund6567 says:

    Late to this video, but what do you mean when you’re talking about an order of 100k shares? You said you’re waiting to see it go from 90..80..70.. and you won’t buy until it’s at 30. What are you looking at for that?

  25. Avataaar/Circle Created with python_avatars @GuoSlice says:

    Does anyone know why there's such a big price difference between level 2 in webull and level 2 in interactive brokers? Webull charges 2.6/month whereas IBKR charges 80/month. What's inferior with the webull level 2 data? Aren't they all pulled from the same source?

  26. Avataaar/Circle Created with python_avatars @58zoomer says:

    ya but when you sold it at 5.13 you sold it , in which manner , wow I didn't see the arrow moving ?

  27. Avataaar/Circle Created with python_avatars @maxxthomas9952 says:

    Very helpful video, thank you.

  28. Avataaar/Circle Created with python_avatars @evoii323 says:

    Wow best level 2 for breakout vid, learned lots

  29. Avataaar/Circle Created with python_avatars @nc1975 says:

    Good video but the real large sellers hide their display size. You cannot tell how many they want to sell.

  30. Avataaar/Circle Created with python_avatars @agedvagabond says:

    If I had the size if just buy 23k shares at 296 and set off the chain reaction 😆. Hopefully not walking into an iceberg.

  31. Avataaar/Circle Created with python_avatars @jesuschristTRUTH says:

    The best day trader alive in the planet!

  32. Avataaar/Circle Created with python_avatars @philfarns says:

    How did you sell so quickly?

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