Day Trading Strategies

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Time & Sales

In the Time & Sales window you can monitor Level I trades as well as changes in the best bid and best ask prices. Level I trades are the actual trades taking place for a specific security. The Time & Sales window supports data for stocks, stock options, indexes, index options, forex, futures, futures options, and funds. You can display either real-time or historical data.
 
With real-time data, you can display a certain number of ticks, a certain time period, or all ticks recorded for the day. Historical data is useful for examining the history of a security, you can display tick data recorded for a specific day or a specific time period. The Time & Sales window can also help you gauge the support and resistance of certain price points in addition to the volume behind each trade. For these reasons, this window is often used in conjunction with the Market Depth window.