 Welcome back traders. This is Thalstow from Cybertrain University and today I want to talk a little bit about and educate you how to set up your NASDAQ book viewer. I find that a lot of people are emailing me asking me say hey Thalstow, I see you are very big with level three and it works out great shadowing these these big orders and everything and you know But the problem is I just don't know how to get it set up properly Well, I want to just do a quick little demonstration of how to set up your screen because there's a lot of data on these Things that you don't really need. Actually, I would say 80 90 percent of the data that you're using in today's markets With these brokerage firms offering you don't even need it. It's window dressing and it's like, you know It's nice. It looks pretty and I think that's what discourages people from, you know Doing certain trades because they look at these numbers and they're changing pretty quickly So I want to kind of just show you what we got going on over here And you'll notice that when you when you launch your book viewer. It's basically a Browser it's going to open up and you're going to get a lot of these windows right here and you got time you got MM MP ID, which means market participant ID Market value totals shares bit and you'll notice that these get there's big big colors here And what that means is how many of these orders make up that one price? I'll just pause it right here like a pause the screen and you could see that there are one two three four five six People looking to buy this stock at eight eight thousand forty-four cents And this how many shares are looking to buy and that really what adds up the amount of shares They want to buy which makes up the value of those shares Who's on that order? Who's that market participant? It's obviously Nasdaq and at what time you post that order so you can see that's a lot of window dressing So what I do ladies and gentlemen is I there's a custom column up here on top Okay, you're gonna click this custom column and you see how all these windows are checked. Okay, so basically all you're gonna need is Orders shares and then the bid Shares orders and that's it. So I'm gonna limit a limit almost all these columns down to three. I'm gonna click apply And I'm gonna click on the column again and now disappear that screen now, you'll notice that There's a column missing here But now what you'll notice is that you're seeing just basically the shares and the price now What I want to do is I'm gonna go over here. This is very important use as aggregate by price we're gonna click that and That ladies and gentlemen is the true data what you want to see now what you're seeing is how many orders? make up those shares Which are aggregated and at what price so now what you're doing is your your it's when you click on this You could only see down to 840. Let me just click pause here 841 oops was to $8.33 look how many people how many levels you got to go down But when you aggregate those orders now you could drop and silly down to 804 Where before you only saw all the way down to here now you seem all the way down here The reason for that is now you start to see more what's called the depth to book So now you see more depth you get to see more orders you can see more block orders But now you get into see exactly where because what the whole goal of looking at this platform is to see where The more predominant buyers and the more predominant sellers are at Like for example over here on the sell side if you look on the right We don't really look for like thousand share sellers hundred, but we're looking for 12,000 11,000 big block orders because that's what makes a Resistance level on the sell side and on the buy side. It's big block orders on the bid so With this said ladies and gentlemen It's not that hard to set it up But now the next question is if you watch my future videos that are coming up I'm gonna actually apply this to actual the chart So the thing is Everybody's has to have a game plan if you don't have a game plan How do you know where to get in get out of position? So if you want to learn how to use this to have a game plan to today to trade today's volatile markets Click on the like down in the bottom like this video and just click on subscribe And you'll be getting more alerts of videos just like this to teach you how to use the book viewer and other future Platforms like the matrix or maybe book viewer. There's a couple of the platforms out there that a little bit more advanced But let's do the beginner stuff and then we'll move on forward So if you like it click like ladies and gentlemen, and I'll be happy to follow up with you on better More videos like this. Thanks for watching and happy trading