How to use Level 2 - Day Trading for $9,000 in 20 Minutes

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5 жыл бұрын

How to use Level 2 for live Day Trading Stocks - How to make money reading the level 2 buyers and sellers data. Day trading stocks - $9,000 in 20 minutes.
Meir Barak day trading live on December 20th. 2018.
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Пікірлер: 95

@1Sulster 7 ай бұрын

What a great explanation on Level II, once again, Meir. This is a must-watch for any trader interested in Short Selling. I am so glad I found your channel before 2024 begins. I look forward to watching your videos on Level II training many more times over. Thank you Meir.

@Meir_Barak 7 ай бұрын

Glad it was helpful!

@andrewkelly8696 5 жыл бұрын

Thanks Meir.Great trading as always, the reading the tape content is such a important lesson and much easier to understand how you have illustrated it much appriciated.

@Meir_Barak 5 жыл бұрын

Welcome Andrew, thanks for watching

@kidshaw 4 жыл бұрын

Just found out about your channel and I've learned level 2 a lot more than before! thanks

@Meir_Barak 4 жыл бұрын

Great Zaheer! Thanks for watching!

@Peter-jc4by 2 жыл бұрын

the absolute BEST time & sales + Level 2 explanation on the internet. Thank you so much Meir.

@Meir_Barak 2 жыл бұрын

Glad it was helpful Peter!

@enrothable 5 жыл бұрын

Amazing trading Meir. Very instructive too. Thanks

@Meir_Barak 5 жыл бұрын

Hi enrothable, thanks for watching!

@lisgitbs 5 жыл бұрын

Great trade Meir...good to see u visiting back to basics..Tape reading skills along with level 2 order flow are the must have skill set for intraday trader

@Meir_Barak 5 жыл бұрын

Hi Manish, thanks for watching. Glad you like it!

@hheythered 5 жыл бұрын

These videos have helped me develop my own trading style, thank you Mr. Barak!

@Meir_Barak 5 жыл бұрын

Hi hheythered, thanks for watching!

@joemacch6284 4 жыл бұрын

Good stuff I’ll join the trial. Usually I don’t trade the open but I love afternoon trade reversals

@Meir_Barak 4 жыл бұрын

Amazing Joe! See you in the trading room!

@BulliKid 5 жыл бұрын

Great explanation like always. You are the best!!!!

@Meir_Barak 5 жыл бұрын

Thanks for watching!

@Steven-ji7sc 2 жыл бұрын

This is a great video. Thank you Meir.

@Meir_Barak 2 жыл бұрын

Glad you liked it! Thanks for watching Steven!

@harshshah6356 5 жыл бұрын

I have shown you trading both live last day.. Ur awesome

@Meir_Barak 5 жыл бұрын

Hi Harsh, Looking forward to trading with you!

@arletterosario9636 5 жыл бұрын

Very nice Meir, thanks for sharing!

@Meir_Barak 5 жыл бұрын

Appreciate it Arlette!

@tradingescapes3312 5 жыл бұрын

Meir you are a great teacher, Thank you!

@Meir_Barak 5 жыл бұрын

Hi Trading Escapes, welcome. Thanks for watching!

@oussamakhayi5395 4 жыл бұрын

To have the capacity to earn 9k $ in 20 min equal a very long way of hard working and study ^^ Good work. i m still beginer but it s good push to go forward.

@Meir_Barak 4 жыл бұрын

Slow and Steady Oussama! Keep studying and trading. You'll get there.

@chevalcabre3972 5 жыл бұрын

A great day ! Thank you for this video !

@Meir_Barak 5 жыл бұрын

Thanks for watching!

@thebeast9054 3 жыл бұрын

Great education Meir, thanks

@Meir_Barak 3 жыл бұрын

Glad it was helpful!

@sebastianjoachim3456 5 жыл бұрын

Thats was really dope and interesting!

@Meir_Barak 5 жыл бұрын

Hi Sebastian Joachim, thanks for watching!

@21makinmoves 3 жыл бұрын

FANTASTIC VIDEO GOOD DETAILS!

@Meir_Barak 3 жыл бұрын

Glad you liked it!

@roccaff2878 4 ай бұрын

Legend

@LogLab 3 жыл бұрын

I like the accent haha. Thanks for the useful video!

@Meir_Barak 3 жыл бұрын

Glad you liked it! Thanks for watching!

@rogergionet 5 жыл бұрын

Thank You Meir for great video and would also appreciate to know how much money was use on each trades to achieve those profits.

@Meir_Barak 5 жыл бұрын

I usually use around $50K with a 20:1 margin - 1 million. Recently I had much more, but I rarely use it.

@gusinthecloud 3 жыл бұрын

thank you for share your trading

@Meir_Barak 3 жыл бұрын

My pleasure!

@mbongoyanguba2071 4 жыл бұрын

Most underrated trader onYT

@Meir_Barak 4 жыл бұрын

Thanks for watching!

@yinyang8496 3 жыл бұрын

you don t need level 2 for swing trading, maybe you don t need level 2 for 1 hour day trading, you need it when you use very short timeframes (scalping), right? so the question is up to what time frame is level 2 data a must? 1,2,5,15 minutes? or more, or less?

@Meir_Barak 3 жыл бұрын

Absolutely! Generally, the shorter the timeframe of a trade, the more relevant tape reading is.

@mml1224 4 жыл бұрын

where is your vwap, or indicator EMAs?...do u use hot keys 'to put stop in'?

@Meir_Barak 4 жыл бұрын

I trade with the VWAP, price and volume. I do not use hotkeys. Mental, manual stop loss.

@LogLab 3 жыл бұрын

@@Meir_Barak Do you recommend mental manual stop loses for beginners? It does seem to let you have much faster executions so I am wondering if I should try that, since I only stay in my trades for a a few minutes at most usually anyways.

@rotsebanotman 5 жыл бұрын

How do you short so easily? What platform do you use, I see you are usually always shorting the stocks, I'd like to know which platform has that ability

@Meir_Barak 5 жыл бұрын

Hi rotsebanotman, I use Colmex Pro: www.colmex.com. Colmex is an EU regulated broker, who specializes in Wall Street stocks. It's a great platform for all non-US residents, however, not regulated in the US, therefore will not accept US residents. If you live in the US, you can use the same technology if you join our Funded Accounts program: www.tradenet.com/funded-trading-accounts/

@PANTTERA1959 5 жыл бұрын

What did you enter TSLA at,? It looked like 326.97.Are you watching top ask or sale tickets? Once you understand the terminology these vids teach more then actual courses.

@Meir_Barak 5 жыл бұрын

Yes, I watch mostly the top BID and ASK tickets, but not only. Glad it helps you!

@RaviSingh-iy1nl 5 жыл бұрын

Meir, I notice sometimes you add to trades, sometimes you don't. What made you decide to add to IMMU and not TSLA?

@Meir_Barak 5 жыл бұрын

Good point! IMMU was down 20% and as you can see in the video, "made a decision" to continue to decline very clearly after consolidating for a while. TSLA made a clear fast move down and didn't give me a chance to consider adding. TSLA was a higher risk too.

@PeaceNinja007 4 жыл бұрын

T&S are usually white, red, or green. But I always wondered.. when there's a large strip of green, does that mean you expect price to rise and when there's a large strip of red, you expect price to drop?

@Meir_Barak 4 жыл бұрын

Yes, greens should indicate buying pressure and the opposite for red.

@PeaceNinja007 4 жыл бұрын

Meir Barak - Tradenet Day Trading Academy - Thank you 🙏

@wlcsp 3 жыл бұрын

Oftentimes the level 2 scrolls really fast. How do I deal with fast moving stock ?

@Meir_Barak 3 жыл бұрын

Level II can't always be used. It is just one tool out of many and sometimes very useful.

@samschaible9463 3 жыл бұрын

what program is this? i am 14 and this is my dream to be able to do this for a living

@Meir_Barak 3 жыл бұрын

Hi Sam , thanks for watching! You need to wait until you are 18, but you can start learning. You may be interested learn more by reading "The Market Whisperer", my best selling trading book. Get free access to "Part one" of my book here: www.tradenet.com/e-book/ or buy the full version on Amazon: www.amazon.com/dp/1540353524

@michaelbutler1211 5 жыл бұрын

FIVE STAR CONTENT - thank you

@Meir_Barak 5 жыл бұрын

Hi Michael, thanks for watching!

@hulu4256 2 жыл бұрын

Just being curious why you never trade options but chose to use large quantities of stocks instead?

@Meir_Barak 2 жыл бұрын

I trade CFDs with ColmexPro.

@SebastianMartinez-uv8zz 4 жыл бұрын

What brokerage firm do you use?

@Meir_Barak 4 жыл бұрын

Colmex Pro is my broker.

@ahmedal-saidi495 5 жыл бұрын

I think this strategy needs very high intelligent and focused person with very good emotional control.

@Meir_Barak 5 жыл бұрын

I didn't start this way. It comes in time. That's why trading is hard for new traders.

@PillCosby305 Жыл бұрын

Sells on level 2 means the stock is going up? 🤔

@Meir_Barak Жыл бұрын

🙃

@rezaulislam1722 4 жыл бұрын

What leverage does tradenet allow?

@Meir_Barak 4 жыл бұрын

No 'leverage', just buying power: www.tradenet.com/blog/tradenet-day-trading-education-packages

@besteditsanime 5 жыл бұрын

What software is he using?

@Meir_Barak 5 жыл бұрын

Hi Timothy Baldwin, I use Colmex Pro: www.colmex.com. Colmex is an EU regulated broker, who specializes in Wall Street stocks. It's a great platform for all non-US residents, however, not regulated in the US, therefore will not accept US residents. If you live in the US, you can use the same technology if you join our Funded Accounts program: www.tradenet.com/funded-trading-accounts/

@valixirvoice 4 жыл бұрын

Nice trade. Just curious is that paper trading.... or real money...!!!

@Meir_Barak 4 жыл бұрын

Real money. Verified trading profits.

@futuretime9 3 жыл бұрын

🙏🙏

@Meir_Barak 3 жыл бұрын

😎

@user-ru8tf9kv1p 2 жыл бұрын

Hello thank you, you used RR 1:1 in these trades ?

@Meir_Barak 2 жыл бұрын

Yes, I mainly trade with a 1:1 risk/reward ratio.

@benjones6004 5 жыл бұрын

trading of the chart is more accurate than level II, since market makers can hide their buy & sell orders.

@Meir_Barak 5 жыл бұрын

I learned that although they can hide, it is still very useful but surely not the only tool you should use

@reapwhatyousow3383 5 жыл бұрын

lol but you wont see resistance or support by buyers or sellers by watching the chart.

@VEE727 4 жыл бұрын

I don't see you taking any decisions based on number of orders in the order book. Unless I'm missing something

@Meir_Barak 4 жыл бұрын

I do. Here is a free lecture that demonstrates how I trade using my Level II and Time & Sales data: kzfaq.info/get/bejne/h6p2htmfs8-umo0.html

@aesho46 5 жыл бұрын

Meir you should post your trading results daily not only when you have a good day

@Meir_Barak 5 жыл бұрын

I'm posting my results every day, my green days and my red days.

@KrissHermus 5 жыл бұрын

He does all the time. He's got red days too, and is not affraid to show them!

@aesho46 5 жыл бұрын

Meir Barak - Tradenet Day Trading Academy Meir it would be nice to see KZfaq videos everyday

@KrissHermus 5 жыл бұрын

Mr ChaosTech dude, go look at his past videos. He has hundreds of videos on there, he trades the same patten every day. We should be thankful for the free videos that he has already out there, instead of complaining to want more. Be appreciative of what he has already done and notice these patterns yourself so that you too will be as good as he is.

@aesho46 5 жыл бұрын

Kristiaan Hermus I know what he has. Do me a favor get off his balls! He trades everyday right?????? So post a video of the results everyday!!!