 Welcome back to Nasdaq trade talks from your host Jill Malantrino global market reporter at Nasdaq back with us at the market site in Times Square in New York City we have Fausto Puglici is the founder of Cyber Trading University we're going to run through how to use Nasdaq total view how traders use this platform and also run through a number of stocks that have certainly been moving the tape over the past couple of weeks Fausto as always great to have you back with me at market site let's run through what total view is and how traders are using it. Absolutely Jill so basically we got right here is we're looking at a stock right here showing you how total view works now I've been using total view since the day ever came out and the thing that you have to be careful and use in total view is more or less how to set it up so if you notice I have three very important columns now let me just explain a little bit more what total view is first of all this is a full depth of book this gives you 20 times more data than level two does level two to me personally I've been out of business since the 90s so total view is the way you're supposed to look at it you basically shows you every single quote at every single price level and the big thing about it people always look at it and want to know how do you guess how do you see pre-market after market and this is where you get the total view of view of all the trades now basically what you're looking at regarding about all the data that you're getting you're seeing all the full book of orders you have basically I aggregate the order so you could see right here there's like eight orders seven orders four orders this is the sellers and these are the buyers so you basically could see who's looking to buy for the most who wants to buy for the least so now you're just basically seeing everything that's out there all the buyers all the sellers which once again how do things go up supplying demand and now you're going to see it in total view all right let's go to our next chart here we're looking at buyers which of course is support on AMD and again AMD one of the most widely traded stocks on the Nasdaq 100 that's always within the top five when it comes to volume and order flow and the question was how much lower can it go well it looks like if you take a look at exactly what gives you that exam the big thing is here's Jill is that people realize like okay when's a good time to buy it and everybody likes to look at a chart but nobody realize it well what makes a support level on the chart it's buyers so how do you justify that the problem with a chart it's the past it's not the future this is basically you looking at the orders of the future so to kind of justify it that looks like a support level it's hovering right around 3950 if you look down here at the buyers and you work your way down and then ban then you see oh my god what the hell is that is a 50,000 their share buyer at 3947 definitely explains to you why that there's a support level and that's why it goes from 3950 all the way to 4010 all right let's go to the flip side sellers which of course is resistance with Apple and again there's that question how much higher can Apple go and by take a look at total view on our next slide here all right there we go so everybody wants to know okay how do I understand how to trade Apple listen you could apply this to any stock okay so we're looking at Apple right here and even Apple has that resistance level so here you're looking at all these different orders to 510 how many shares looking to be bought at what price but the big thing is when you're looking over here and you work your way down 265 34,000 shares definitely explains to you why the stock literally went from 20263 all the way up to just right above 265 right back down remember to be a good day trader what we usually look for we look for support resistance and we look for buyers and sellers and when you're looking over here the only way to explain it even with Apple you can even see it all right and just to recap here for everyone watching if we click through one time we'll see the arrow pop up of where the most volume was and we click through again it's also going to show you another arrow where we have resistance right up there moving along to Roku why is Roku trending down well obviously people are selling so if we get to you next arrow we'll see exactly where that level is and then we'll slide to our next chart and we'll take a look at total so what happens when you have a hundred and twenty thousand share buyer in Roku so everybody's like okay like you're looking at it and say oh well these are 200 shares 300 shares but then when you work all the way down there if you do the math there are 35 different orders out there that make up 128,000 shares so in theory what he would you call that that's called a demand what does that make a supply on a chart that would usually help to trend it back up all right we'll take some more of a look on Roku going to our next chart over here all right there we go now we have all the hours in place you see how Roku just hit the bottom and just shot right back up the way to 15950 all right advanced one more time we'll show that arrow and then going to our next chart Disney can't stop talking about the house and mouth Disney's doing great I love Disney you know I feel like Disney's going to be probably the next thorn of Netflix so anyway making new highs what would the chart basically tell you here so what would you think most people like oh the stock's going up right trends going up great looking stock well the question everyone was asked when do I get out when it when is resistance levels when when do I take a profit so the only thing that makes that is sellers you can't see that on a chart but when you go to total view which go to the next slide yep if we go to our next slide here total view is telling us that story we could click through one more time we'll show that arrow there we go boom there it is you see a big seller right there sitting at 149 for with 59,000 shares and you could see it right here the stock hit that resistance level and came right back down to 148 and if you do the math as a trader especially specifically as a day trader when you're looking at this you know like you know that's a nice little profit from 148 to 14950 but how do you salvage profits by knowing where the sellers are at all times all right let's go along to our next chart because we hear this all the time there's fake orders out there they hear it all the time Jill so people tell me all the time how do you know these are real orders okay first of all I tell I tell my students that listen you want how real it is you come my trading room I'll find that guy and let's see if you execute you tell me how fake it is all right so they're all real now can somebody cancel an order absolutely there's this other window that you supposed to be trading with the top with the book viewer which is called the time in sales a lot of people in neglect the time in sales window because those are the confirmations of the transactions that take place so could anyone change their mind and cancel it cancel of course they could they could anyone you could do it I could do it anyone could do it but how do you know the someone got really executed well that's where the time in sales is and that's called tape reading that's what we that's what most day traders are really tape readers so how do we justify it by filing that time in sales window all right let's go to our last chart here again looking at Apple for time in sales so once again you're looking at the stock and you want to kind of justify how do you know the stock is going up how do you know that seller got done remember we saw a big seller out there well look over here look at all the transactions boom boom boom boom boom and that's why the stock you know Apple just literally just took off and went from 20 to 64 to 260 so people was asking well how do you know that sellers gonna get done how do you know he's not getting executed you have to look at those orders just like over here if you see right here on the sell side though here's a big seller out there for 34,000 that's why you backed off over there and look at all the transactions and purple red actually it's called purple lightning bleeding not too many greens yeah and that's your indication that stocks going lower and that guys actually getting executed all right well I suspect next time you're here for our next segment on total we'll be talking about some of the retail stocks as we're going through holiday 2019 some of the questions when does it make sense to buy the department stores and when do you start to sell out on the discounters and the online retailers no problem all right fast I was always thanks so much for joining us and thank you for joining me on trade talks I'm Jill Melendrino global market to a porter at NASDAQ