Real momentum in a simulated environment.

Low-float momentum names with a one-minute chart that builds print by print, a full Level 2 book and a tape that speeds up and slows down with the stock. Price only moves when someone takes the resting size, so the book, the tape and the chart always agree — and every trade gets graded.

Launch L2TS Lite — free

L2TS Lite is free for everyone. The full L2TS is a Drive The Stock Market Elite exclusive — join Elite.

LIVE SIM —
LEVEL 2
TIME & SALES
5s
per one-minute candle at 1x — 2.5 s at 2x
17
setups the engine builds — fifteen to trade, two traps
60/25%
breakout follow-through on the front side of a move against the back
$0
real money at risk — your trades and stats stay in your browser

Lite is free. The full L2TS is a DTSM exclusive.

L2TS Lite — the whole Learn library, unlimited Practice, Tape Only and three Full Sim stocks a day — is free for everyone. Unlimited Full Sim, short selling, leverage, Hardcore and the full Account are a Drive The Stock Market Elite exclusive. Compare Lite and Elite · Join DTSM Elite.

L2TS Full Sim on desktop: a one-minute chart for ATNF with VWAP and high of day, volume against its average, a Level 2 book with a large 213 lot resting on the offer, and time and sales printing second by second.

The whole screen

Full Sim on a desktop: chart, book and tape together, with the controls and your position underneath. The panel above is the same engine, running live in the page.

What's in it

Everything runs in one browser tab. Two live modes — Full Sim to trade a session and Tape Only to drill your reaction — plus a ten-section Learn area, an Account that keeps the record, and Settings to set it up the way you trade.

Full Sim 3 a day in Lite

One-minute candles building in front of you, with VWAP, high of day, the 9 EMA and volume — plus the book, the tape, your stops on the chart and every fill marked.

Tape Only In Lite

Everything stripped out except the prints. Hit the key when the tape starts ripping the ask, and the drill times you in milliseconds.

Learn In Lite

Practice with the difficulty taken out, candle and pattern libraries, a quiz, a chart drill, a Level 2 lab — and new pages on shorting, stock selection, support and resistance, and trading psychology.

Short selling and Hardcore Elite

Flip to the short side with locates and borrow, or put yourself on a one-life $1,000 account with real fees and real margin.

Account Core in Lite

Win rate beside profit-to-loss ratio, hold times on winners against losers, screen time, an equity curve, how your adds are graded, and twenty achievements.

Settings

DAS-style order and stop hotkeys with an auto-ratcheting stop, keymap import and export, your own on-screen buttons, and Level 2 colours in Classic or DAS.

The Level 2 book beside time and sales for VSTM, annotated: the inside bid and ask, a 119-lot seller resting at 5.00, the share-size stepper, prints hitting the bid, and a sub-penny print between the spread. 1 2 3 4 5

Swipe to see the whole book →

How to read it

  1. The inside market. Best bid and best ask — 4.67 × 4.72, five cents wide.
  2. A seller parked at $5.00. 119 lots on a whole dollar. Price can't pass until it's eaten, so watch that number, not the chart.
  3. Your share size, set right on the ladder.
  4. Red prints hit the bid. Sellers crossing to get out. Green would mean buyers lifting the ask.
  5. Grey traded inside the spread, at a sub-penny price.

Anatomy of a trade

What the app is teaching you to see

One flat-top break at a whole dollar, in five steps. An illustration, not a real session — but every step is something the engine really does.

PRINTS AT THE ASK 52%
OFFER AT $5.00
—

The base

Session controls for start, speed, reset and skip above the action buttons for buy plus stop, two times stop, add and sell.

Controls and actions

Start the tape, change speed, reset or skip. Every action is on a hotkey too, and you choose up to four that sit on screen as buttons.

Account panels: best trade a flat-top breakout for $1,394.91, worst trade minus $15.37, a score breakdown averaging 61 out of 100 across pattern, volume, reaction, sizing and outcome, and a sizing-in panel with an average add grade of 96.

Scored, not just simulated

Every trade is graded out of 100 across pattern, volume, reaction, sizing and outcome, then written up. Your adds get graded on their own — adding to a winner scores high, averaging down doesn't.

HARDCORE · ONE LIFE Elite

One account. Real costs. No reset button.

Turn on Hardcore and the whole app goes red. You get $1,000 that only trading can change, one stock at a time, and no skipping the name you were dealt.

  • Commission and routing on every fill, both ways
  • Locates and borrow on shorts, real margin, forced buy-ins
  • It ends under $100, or 80% down from your best balance
  • Its own record and twelve achievements of its own
Full Sim in Hardcore mode: a red-bordered chart for SUGP after a spike from 1.85 to 2.58, with VWAP, the 9 EMA and high of day, and a score of 53 out of 100.

The way through it

The app suggests an order, and it's a good one.

Learn

In Lite

The candle and pattern libraries, then the Level 2 lab and the chart drill.

Practice

In Lite

Clean setups with the traps and sweeps switched off, and nothing on your record.

Full Sim

3 a day in Lite

Traps live, sweeps live, every trade graded into your Account.

Hardcore

Elite

One $1,000 account, real fees and margin, one life.

Learn the shapes first

Reading the tape only helps once you know what you're waiting for. Learn holds the reference for both halves of that — the candles, and the setups they build into.

The pattern library: ten cards — bull flag, pullback, flat top breakout, ABCD, cup and handle, inverse head and shoulders, head and shoulders, VWAP reclaim, topping tail and double top — each drawn in candles and tagged bullish or bearish.

Ten patterns, drawn out

Each drawn in candles, tagged bullish or bearish, and explained in a couple of sentences rather than textbook wording. Alongside: twelve candles, four cards on reading the book, and pages on shorting, stock selection and psychology. See everything in Learn.

Same app on your phone

The whole thing reflows to a phone, and you can put the actions you use under your thumbs, so the reps don't have to wait for you to be at the desk.

L2TS Full Sim on a phone: a NUWE chart with a stop line at 6.89, a long position of 20 shares, the Level 2 book, time and sales, and the buy, add, stop and sell buttons.

Full Sim — the full L2TS

The Tape Only drill on a phone: time and sales prints above reaction statistics and a large tap button.

Tape Only drill — also in Lite

Start here

Try L2TS Lite — free

The whole Learn library, unlimited Practice, the Tape Only drill and three Full Sim stocks a day. It runs in your browser; nothing to install.

Elite

The full L2TS

Unlimited Full Sim, short selling, leverage, the one-life Hardcore account, advanced hotkeys and the full Account — a DTSM Elite exclusive, with coupon FIRST25 for 67% off.

Referral link. Membership is sold by Drive The Stock Market; L2TS Lite is free for everyone and the full L2TS is an Elite member tool, not a separate product.

Features

Everything below is in the full L2TS, which runs in one browser tab — no install, no market data bill. The tags show how it lines up with the free L2TS Lite: In Lite is included there, Elite is what the Lite comparison lists as Elite-only, and anything untagged isn't listed there as Elite-only.

Under the hood

Price only moves when liquidity gets taken

This is the part that makes the rest of it work. Price in L2TS is not a random walk. There is resting size at the inside bid and offer; a buy print eats into the offer, a sell print eats into the bid, and price only ticks once that resting size is gone. When flow is two-sided the book refills as fast as it's consumed and price sits still, exactly like a quiet tape. When one side takes over, the refill can't keep up, levels break and price runs.

Every print, candle, volume bar and Level 2 quote comes out of that one engine, so they always agree with each other. Nothing is replayed from a recorded day — each session is generated, which is why you can't learn a name by memorising it.

Quiet stretch
~6 → ~12 / s
Ordinary tape
~10 → ~20 / s
In full flight
~17 → 35+ / s

Prints per second, at 1x → at 2x. The tape runs at half this rate at 1x, so a candle holds the same trading at either speed. The speed is information in its own right — the same pattern means far more when the tape behind it is accelerating.

Candles form in real time

A 1-minute candle takes about 5 seconds at 1x in Full Sim and Practice, or 2.5 at 2x. Fast-forward switches between 1x and 2x and everything scales together — tape, book and chart. Hardcore candles take 15 seconds at 1x.

The colour mix is the read

Green prints hit the ask, red hit the bid, grey traded between the spread. In a base the mix is roughly balanced; on a real trigger it runs around 85% green — the tape tells you before the candle does.

Levels are real orders

Resistance is a seller sitting on the offer, support is a buyer on the bid, and either has to be exhausted before price trades through. They form at the running high and low of day and at whole and half dollars on any symbol, so there's often something meaningful overhead or underneath.

Levels hold, until they don't

Under moderate selling a support level holds about three quarters of the time; under heavy selling, about a third. Price regularly pokes a few ticks through and gets leaned on, which is what leaves a wick instead of a dead flat top.

Show all twelve mechanicsShow fewer

Broken levels flip

Cleared resistance leaves buyers defending it from underneath; broken support leaves sellers above it. The flipped level holds for a while, then fades as price moves away from it.

The break releases everything

When a level gives way, the queue behind it comes out: the tape speeds up sharply and the breakout bar carries several times the volume of a normal one.

Icebergs reload

On a level break you watch the block deplete — 213, 188, 128, 69, then it breaks. A true iceberg reloads its displayed size instead of stepping away, and that reload is the tell. If it holds through the level, the setup is forced to fail.

Fake-outs and shakeouts

About a third of failed level breaks poke above to pull buyers in, then snap back on a long upper wick. About a third of working breaks flush under first and run the stops — and nearly all of those go on to new highs.

Sweeps

One order occasionally clears several levels at once, so price gaps 10 to 30 cents with nothing in between to buy at. About 1% of bars, the large majority on confirmed triggers, news spikes and blow-offs. They run both ways and flatten anything in the path. Full Sim only.

The spread moves too

Around 2 cents while a stock is basing, blowing out to 8 to 11 on a trigger, spike or blow-off. When it snaps back tight, that's often the last thing that happens before a level goes.

Rejection bars

Every symbol gets a hidden cleanliness rating for the session. On a messy one, price pushes hard and gets sold straight back — never on a clean name, up to around 7% of bars on a bad one.

Where moves stop

Support where the stock loaded and two more roughly 12% and 22% below, so a fade chops sideways instead of sliding. Past about 80% above the open, pushing higher gets progressively harder.

Setups and odds

Seventeen setups, and most of a session isn't worth trading

Fifteen you can trade and two traps. Each runs through hidden phases — base, impulse, flag, trigger, resolve — with a hidden A/B/C quality grade shifting how likely it is to follow through; base continuation odds run between 52% and 70%. The traps, parabolic exhaustion and a VWAP breakdown, always resolve against you — recognising them and staying out is the skill.

TypeSetups
ContinuationFlag, pullback, ABCD, inverse head and shoulders, cup and handle, VWAP reclaim, dip buy at VWAP, dip to the 9 EMA
Level breaksFlat top, high of day, previous high, whole dollar, half dollar, descending resistance
SpecialNews spike — buying the first candle is the mistake; the pullback is the entry
TrapsParabolic exhaustion, VWAP breakdown

The median session, measured from where the stock loads

0% — where it loaded (support) −12% support −22% support +27% median high +5% median close

Every symbol has a day

Real day-traded stocks mostly run early, then bleed the move away as the crowd leaves — so most symbols here are faders, some chop, and a minority genuinely run. More than half finish in the bottom half of their range.

Front side against back side

Breakouts follow through about 60% of the time on the front side and only about 25% on the back side. That gap is the whole reason Skip exists — and Skip tells you whether passing was right.

Setups that never finish

A setup is chosen and then has to build itself out of real order flow, so it can break down before it completes — often enough that you'll meet it regularly. The review says so instead of handing you a pattern name that wasn't on the chart.

Your label, your call

Every closed trade's label is a dropdown. If you read the chart differently, change it — the critique rewrites itself, and the app shifts a little toward how you read a chart. If nothing had formed, it says "Unsure" rather than guess.

Full Sim Lite · 3 stocks a day Elite · unlimited

Trade a session, one minute at a time

One-minute candles with VWAP, high of day, the 9 EMA and volume against its own average. Your stops draw on the chart with the share count on each, and every fill is marked at the exact price inside the candle — cyan where you bought, amber where you sold.

  • Start or stop the tape, run it at 1x or 2x, reset, or skip the stock and find out whether passing was right
  • Scroll to zoom, drag to look back, tap any candle for its open, high, low, close and volume
  • Drag the grip to resize the chart, stretch the price axis with the height slider, or go full screen for more history
  • Right-click the chart to copy or save it, or copy the whole session
A CGTL chart with two stop lines labelled STOP 2.94 for 31 shares and STOP 2.84 for 20 shares, an entry marker, and a long position of 51 shares at $2.73 showing plus $15.81.
Close-up of fill markers: cyan triangles at buy prices and amber triangles at sell prices, placed inside the candles.

A scaled stop on each leg · inset: fills marked at the exact price

Level 2 and time & sales

The book, with size that matters

Bids and offers from the venues you'd actually see — NSDQ, NYSE, ARCA, BATS, EDGX, EDGA, MEMX, IEX, MIAX, PHLX, CBSX, BYX, AMEX and 24X — with size at every level in lots and your share count set right on the ladder.

  • Green hit the ask, red hit the bid, grey traded between the spread with sub-penny pricing
  • A large resting bid under price is highlighted — buying above real size is a defined-risk entry, and the review credits it
  • The ETB or HTB tag says whether the stock is easy or hard to borrow. It matters even if you never short: hard-to-borrow names can squeeze
  • Drag the handles under either panel to show more rows or fewer
A Level 2 book with a green ETB tag, venue names, sizes in lots and an 80-lot seller resting at 6.50.
Time and sales for NUWE with green prints at the ask, a red print at the bid and a grey sub-penny print between the spread.

Hotkeys Elite · advanced hotkeys

Order and stop keys that mirror a DAS setup

Bind a sized buy that attaches its own stop, then let it ratchet: to break-even once you're up 15 cents, then up to lock profit once you're up 25 — or turn the automatic moves off and press them yourself. A double-stop key scales you out in two slices at a near and a far stop. Every number is yours to edit, and stops fire off the last traded price, the way a real platform does.

Keymaps import and export, so you can mirror your real layout key for key. To add to a position, buy again with the key you opened with — there's no separate add key to press, though one still exists if you prefer it. Outside Hardcore you can size in up to three times, each add graded separately; in Hardcore the limit is your buying power.

Bind Sell a % of the position to scale out in slices: each press takes that share off what's still open — at the bid on a long, at the ask on a short — and a press that rounds up to everything left closes the trade. It needs Shares mode. Trade in percent or in shares with its own dollar account.

Order and stop hotkey settings: sized buy plus auto-stop, move stop to break-even, move stop up to lock profit, and double stop scale-out, with account equity, size per trade, initial stop, and the two stop moves with their trigger distances.

Settings

Set it up the way you trade

  • Mobile mode with tap buttons, and up to four custom on-screen buttons that replace Buy and Sell
  • Level 2 colours in Classic or DAS
  • Trade markers, the 9 EMA and the clock, each on or off
  • Short selling, leverage and Hardcore — each behind its own warning
  • Position sizing in percent or shares
The settings panel with toggles for mobile device, Level 2 colours, trade markers, short selling, leverage, Hardcore mode, the 9 EMA, the clock, custom on-screen buttons and position sizing.

Tape Only In Lite · unlimited

Reaction drill, measured in milliseconds

Everything disappears except the prints. The tape sits quiet, then lights up and rips the offer — you hit the key the instant it does. It tracks last, average and best reaction time, and counts early presses and misses separately, so guessing doesn't pay.

The Tape Only reflex drill: a time and sales window beside reaction statistics — last 370 milliseconds, average 470, best 361, one early and three missed.

Account Lite · core stats Elite · full analytics

The numbers that tell you if it's working

Total profit and loss, win rate beside your profit-to-loss ratio — because win rate alone says nothing about whether you make money — and the stat most traders avoid: how long you hold winners against how long you hold losers. Screen time counts real hours with a Full Sim stock actually running.

The DTSM tab turns your record into a shareable card — net P&L, trades, win rate, profit-to-loss ratio, average score, best trade, best streak and your equity curve — for Full Sim or Hardcore, ready to copy into the community or download.

The performance panel: total P&L $2,225.27 over 110 trades, a 59 percent win rate, a profit-to-loss ratio of 16.07 to 1, winners held 8.7 minutes against 2.3 for losers, 2 hours 50 minutes of screen time, and an equity curve.
How a trade gets scoredHide the scoring breakdown
PartWeightWhat it measures
Pattern30%Was the setup actually confirmed when you bought
Outcome28%Realised profit or loss
Volume14%Entry bar volume against the trailing five-bar average
Reaction14%Milliseconds from the real trigger — under 400ms scores 100
Sizing14%Where the position stood each time you added

If the pattern read scores under 40, volume and reaction are capped — being fast into a blow-off shouldn't earn execution credit. The most common verdict is "no clear signal", because most entries aren't wrong, they just have nothing behind them.

Twenty achievements, four tiers each Elite

Bronze, Silver, Gold and Diamond — Diamond is deliberately a long haul. They cover time on the tape, quality of read, execution, judgement and range, plus three for the Learn tab. Only Full Sim counts, and they ride along when you export your account.

The achievements grid, 125 points and 38 of 80 tiers: Screen Time, Round Trips, In The Green, Sharpshooter, Clean Read, Chart Eye, Quick Draw, Reflex Master, Rep Counter, Hot Streak, Discipline, Pyramid, Pattern Library, Tape Reader, Big Fish, Marathon, Flash Cards, Chart Sense, Book Reader and Let It Run.

Short selling Elite

The short side, borrow and all

Switch it on and SELL opens a short, SELL again adds, BUY covers — sides, not actions, the same as a real platform. The short side gets its own keys, and everything mirrors, including a stop that sits above you.

Hard-to-borrow names need a locate first. The panel under the Level 2 shows the live price per share, what you hold and what you've spent; the fee is charged on acceptance whether you use it or not, and it climbs as the stock runs.

The engine's own numbers: shorting a stock at the start, before it's run, wins about 22% of the time. Shorting a pop that's already failing wins about 64%.

A Level 2 book tagged HTB with a short locate panel beneath: 0.0967 dollars per share, none held, and quantity buttons for 100, 250, 500 and 1,000.
HARDCORE · ONE LIFE Elite

One account, and it can end

A separate $1,000 account that only trading can change. One stock at a time with no skip and no reset — start it, trade it, end it, next. Candles take 15 seconds at 1x (7.5 at 2x) — three times the trading in each, in smaller prints — and a stock runs roughly 35 to 70 minutes at 1x. The whole app turns red so you always know which account you're on.

  • Commission of $0.00085 a share ($0.08 minimum) plus about $0.003 routing, both ways
  • Locates on hard-to-borrow shorts, and borrow charged while you hold
  • Real margin, and forced buy-ins at whatever the book offers
  • An orange warning at 60% down from your peak; it ends under $100 or 80% down

Coming soon Ranked — one month, one account: everyone starts the month with the same $1,000, trades it under Hardcore rules, and profit decides the leaderboard. It can't be played yet, and the leaderboard on the DTSM tab currently shows example traders, not real members. When it launches it will share only your Ranked results and display name.

Full Sim in Hardcore mode with a red border and a HARDCORE badge.
Hardcore achievements, locked while Hardcore is off: Still Standing, Built From $1k, In The Black, Survivor, Short Side, Iron Hands, Fee Aware, Size On, Clean Sheet, Sharp Read, No Blowups and Double Up.

Twelve achievements of its own — they reset with the account

Leverage (Elite): what margin actually does to youHide leverage

The app's own example, a $1,000 account buying a $4 stock:

LeverageSharesWhat it takes to end the trade
Off250You own what you paid for — a long can't be margin-called
2x500A fall of about a third brings a margin call
4x950A fall of about 1.6% — roughly six cents — and you're bought in

Outside Hardcore, leverage only raises what you can buy. Inside it, margin calls are enforced — which makes it the quickest way to end a Hardcore account.

The full L2TS is only in DTSM

L2TS Lite is free for everyone; the full L2TS is a Drive The Stock Market Elite exclusive, with coupon FIRST25 for 67% off. Join DTSM Elite · See what Lite includes.

Launch L2TS Lite — free

Learn

Ten sections, from the first candle you'll ever name to the reason you'll still move a stop you promised not to. Everything you do in Learn stays off your Account — except relabelling a trade, which teaches the app the same way it would in Full Sim.

In Lite

All ten sections are in L2TS Lite — free. The complete Learn library and unlimited Practice are included, with nothing to install.

Launch L2TS Lite

Practice

The same engine, with the difficulty taken out

There's always a setup building, so you drill the pattern itself instead of waiting for one. Learn the shapes in Practice; learn to survive them in Full Sim.

Practice mode under the Learn tab: a NIVF chart with VWAP, the 9 EMA and high of day, a Level 2 book whose header reads 8.86 by 8.90, 4 cents, 58 percent buy, time and sales, and the Start Tape, speed, Go Back and Skip buttons.

More reps, no traps

A trigger roughly every 17 bars instead of every 32. No parabolic exhaustion, no VWAP breakdowns, no news spikes, no sweeps.

Setups that work

Follow-through about 93% of the time rather than 60%, with steady, shallow steps — after three green candles it leans hard toward a pullback.

Two crutches Full Sim takes away

A running buy percentage on the tape and book, and the spread in cents in the Level 2 header — both visible in the screenshot above. The setup itself isn't named until the review.

Go Back

Botched the entry? Rewind three bars and take it again. It's a true replay — the same price action, book and tape — and the reaction clock restarts so it's still fair.

Candles and patterns

A reference you'll actually read

Every candle drawn the way it shows up in context, tagged bullish, bearish or neutral, and explained in plain language: big green, big red, doji, hammer, shooting star, inverted hammer, hanging man, spinning top, engulfing both ways, and tweezer bottom and top.

The candle library: twelve cards, each with a drawn example and a bullish, bearish or neutral tag.

The pattern library does the same for ten setups — bull flag, pullback, flat top breakout, ABCD, cup and handle, head and shoulders both ways, VWAP reclaim, topping tail and double top — plus four cards on reading the book: a seller wall, a buyer floor, and how to tell whether a block is actually being eaten.

The pattern library with ten setups, each drawn in candles and tagged bullish or bearish.

Quiz

Name it before the label shows

Ten questions a round — candles, patterns, or both mixed. The shape comes up first and you name it, which is closer to what a chart asks of you than reading a definition. Notice the trap in this one: a hammer and a hanging man are the same shape. What came before it decides which it is.

A quiz question: three rising green candles followed by a small-bodied red candle with a long lower wick, with answers hammer, hanging man, inverted hammer and bullish engulfing.

Chart drill

Draw the levels, then find out

A fresh chart every time. Mark support, resistance and your buy zone, then check your marks: L2TS names the shape, grades each line, and says why. It doesn't round up — in this one the support and resistance were right, but the buy was marked mid-range instead of where price clears resistance and holds.

Tap the chart to hide your marks and see only the answer.

A chart drill identified as a VWAP reclaim: support and resistance marked correctly, the buy marked wrong, with an explanation that the higher-probability buy is as price clears resistance.

Level 2 lab

Six live lessons on reading the book

The book shows what's waiting; the tape shows what actually traded. Each lesson builds a live book with one thing happening in it — you read it, then answer.

  1. Reading the book
    Bids below, asks above, size in lots — the basics, exactly.
  2. A seller (wall)
    Size stacked on the offer, and what it does to price.
  3. A buyer (floor)
    The same thing underneath, and why a stock stops falling.
  4. Absorption: is it being eaten?
    Whether a block is shrinking fast or you're early.
  5. Size that is not real
    A block can appear, scare people and vanish without a share filling. Real size leaves prints behind.
  6. Tape beats book
    The book is intention, the tape is fact. When they disagree, believe the tape.
Level 2 lab lesson one, reading the book: a live book at 5.00 by 5.02, a quiet tape, and the question how many shares are offered at the inside ask.

Shorting

The part of shorting that doesn't mirror

There's no ceiling

A long can only lose what you put in. A short loses as the stock rises, with no limit — short 200 shares at $4 and a run to $14 costs $2,000 on an $800 position.

The squeeze

Covering means buying. When a crowded short starts losing, everyone covers at once and their buying pushes it higher. Low floats are exactly the names that do this.

You may not choose your exit

Fall below what the account must keep and you're bought in at whatever the book offers — which is how a short account goes past zero.

Where the trade is

Sell a pop that's failing, not a stock that hasn't moved: about 64% against 22% in the engine.

Stock selection · new

In the real market, choosing is most of the job

Every stock the simulator deals you is treated as if it has already passed the filters below, which is why you never choose in L2TS. This page is about the real market, where the wrong stock beats a good entry every time. It lays out the standard small-cap momentum framework:

  1. Relative volume of 5x or more
    Volume against the stock's own average. Below about 5x it's just having a normal day.
  2. Already up 10% or more
    Buy what is already moving, not what you hope will.
  3. A catalyst
    A headline that explains the move — a reason brings in new traders, and they bring the volume.
  4. Priced between $1 and $20
    Where retail money concentrates.
  5. A low float
    The supply side. Few shares available means demand has nowhere to go but price.

Then it goes deeper. Float — the shares actually available to trade — is the supply side, and it's why two stocks with identical news behave completely differently:

FloatWhat to expect
Under 5MExtremely thin. Violent both ways, wide spreads, the biggest moves and the worst fills
5M – 20MThe classic day-trading range — enough liquidity to get out, little enough supply to run
20M – 100MNeeds far heavier volume to move the same percentage
Over 100MTakes institutional-scale flow to move

It also covers why a float can grow overnight through an offering, how catalysts rank, and what regulators have found about tiny overseas IPOs, and it ends with a pre-trade checklist. None of it is a guarantee — criteria only tilt the odds.

Support & resistance · new

A level is a price where orders are waiting

Price stops at a level for one reason: someone large enough to absorb everything coming at them is sitting there. The skill is telling the ones that will hold from the ones about to break.

Where levels come from

Whole and half dollars, the day's own highs and lows, prices that already turned, and role reversal — a break that comes back and holds the old level is one of the best entries there is.

Levels that move

VWAP, the 9 EMA, the 20 EMA and the daily 200 — and the rule that covers all of them: a moving average only matters on a stock that's actually trending.

Reading it on the book

A big seller, a big buyer, and size that keeps refreshing as it gets hit — the iceberg — and what each one tells you about the break.

In the engine

All of this is how L2TS builds its levels too: real resting orders you can watch count down, not lines drawn on a chart.

Psychology · new

The gap between knowing and doing

Almost nobody fails because they couldn't understand a flat top. They fail because they knew what to do and did something else — sized up after a win, moved a stop, took the trade they'd promised to skip. The page starts with five things to accept before anything else works:

  1. Anything can happen
    No pattern, however clean, removes that.
  2. You don't need to know what happens next
    You need to execute something with a positive expectancy, over and over.
  3. Wins and losses arrive in no fixed order
    Five losers in a row is normal for a 60% strategy.
  4. An edge is only a tilt in the odds
    It doesn't owe you this trade.
  5. Every moment is unique
    Two identical-looking charts can be nothing alike.

Then why your brain fights you. Loss aversion is the big one:

Gain $100
Lose $100

Roughly twice as strong. That asymmetry alone explains cutting winners early and holding losers.

From there: why the most expensive state is the one right after a big win, and the biases that quietly lie to you at the screen. The ideas come from the books credited on the About page.

Launch L2TS Lite — free

About L2TS

L2TS started as a personal training tool, built by a DTSM member. Screen time is the only thing that makes a Level 2 read fast, but the market gives you one open a day and charges you tuition while you learn it.

So the app puts that open on a loop. Simulated low-float momentum names run in the browser with a live chart, a full book, a moving tape and actions wired to a working position. Sessions are generated rather than replayed, so you can run the same kind of open as many times as you want without learning it by heart — and nothing you do costs anything.

It's a practice simulator — not a signal service, not a broker, and not financial advice. Nothing in it predicts a real stock, and real money behaves differently: slippage, halts and your own nerves aren't fully modelled.

Free Lite, and a DTSM exclusive

L2TS is built for Drive The Stock Market. L2TS Lite is the free edition, open to everyone: the whole Learn library, unlimited Practice, the Tape Only drill and three Full Sim stocks every 24 hours.

The full L2TS — unlimited Full Sim, short selling, leverage, the one-life Hardcore account, the advanced hotkeys and the full Account — is a DTSM Elite exclusive. Compare Lite and Elite · Join DTSM Elite.

Your data

Your trades, stats and hotkeys are calculated and kept in your own browser. There's no account to create, and no trading account, position or order data is ever sent anywhere. The one thing you hand over is your name for the access agreement, which you submit yourself through a Google Form. Use Export account on the Account tab to move your stats and hotkey layout between devices or builds. Your Hardcore account isn't part of the export.

Builds and updates

Each build of the full L2TS runs for three months from the day it was made, so everyone stays on a current version. When one ends, download the latest from the DTSM community and bring your record across with Export account, then Import account in the new build. L2TS Lite builds are shorter: seven days from the first time you open one.

Where the knowledge came from

The simulator is original work — the order-flow engine, the book and tape model, the grading and the drills were all built from scratch. The trading knowledge inside it is not. Most of what it teaches came from these people, and a summary in an app is a pointer, not a substitute.

DTSM & Brendan Hogan The community this app grew out of, and its owner — a room full of people arguing about tape, levels and why a trade worked.
Ross Cameron His YouTube channel and How to Day Trade: The Plain Truth. Float, relative volume, catalysts, momentum patterns and risk — where the stock-selection page comes from.
Mark Douglas Trading in the Zone. Trading as probability rather than prediction; the five things to accept on the Psychology page are his ideas.
Annie Duke Thinking in Bets and Quit. Judging decisions apart from outcomes, and knowing when to stop as a skill.
Steven Goldstein Mastering the Mental Game of Trading. A performance coach on what happens inside a trader facing uncertainty.
Daniel Kahneman Thinking, Fast and Slow. Fast and slow thinking, loss aversion and most of the biases on the Psychology page.
George Mumford The Mindful Athlete. Mindfulness for people performing under pressure — responding instead of reacting.

Every one of them is worth reading in full, and all are available as audiobooks.

Ownership

  • L2TS is independently built and owned by its developer.
  • Access, to Lite and to the full app, is limited and revocable, for your own practice.
  • The app isn't for resale, redistribution or copying.

Contact

Questions about L2TS, bug reports, or something you want in the next build. L2TS Lite is free; the full L2TS comes with DTSM Elite.

DTSM Elite — with promo code
DTSM website

The Elite link is a referral link with coupon FIRST25 (67% off) applied automatically. Membership is sold by Drive The Stock Market; L2TS Lite is free for everyone, and the full L2TS is an Elite member tool, not a separate product.

Opens your email app with the message ready to send to L2TS.sim@gmail.com.

Free for everyone

L2TS Lite

The learning half of L2TS, free: the complete Learn library, unlimited Practice, the Tape Only reaction drill, and three Full Sim stocks every day — traps live, every trade graded. It runs in your browser, with nothing to install.

Each Lite build runs for 7 days from the first time you open it. The full L2TS is a DTSM Elite exclusive.

L2TS Lite open on Practice: the LITE badge with a 7 days left countdown, the Learn, Tape Only, Full Sim, DTSM, Account and About tabs, a strip explaining that Full Sim is limited to three stocks a day, the ten Learn sections, and a live NIVF practice chart with Level 2 and time and sales beneath.

The real app — captured from L2TS Lite

Full

The whole Learn library

Candles, patterns, the quiz, the chart drill, the Level 2 lab, shorting, stock selection, support and resistance, and psychology.

Unlimited

Practice

The same engine with the difficulty turned down — a setup is always building, and the traps and sweeps are off.

Unlimited

Tape Only

The reaction drill, timed in milliseconds, with early presses and misses counted separately.

3 stocks / 24h

Full Sim

The real thing — live traps, sweeps and graded trades — with as many trades as you like on each stock.

Lite and Elite, side by side

The same comparison the app shows on its own DTSM tab.

FeatureLite · freeElite
Learn library — candles, patterns, quiz, chart drill, Level 2 lab, support & resistance, psychologyFullFull
Practice sim — setups always buildingUnlimitedUnlimited
Tape Only reaction drillUnlimitedUnlimited
Full Sim — live traps, sweeps, graded trades3 stocks / 24hunlimited trades on eachUnlimited
Short selling—Yes
Leverage (2x / 4x) and margin—Yes
Hardcore mode — one life, real fees—Yes
Advanced hotkeys — sized buy + auto-stop, stop moves, scale-out, size presets—Yes
Account analytics — equity curve, hold times, score breakdown, by-setup, achievementsCore statsFull
The Lite Account tab: a blurred panel marked Elite titled Full Account analytics, listing equity curve and drawdown, hold times, profit and loss ratio, best and worst trades, the score breakdown, win rate by setup, skip grading, screen time and 32 achievements, with a See what Elite unlocks button.

What sits behind Elite is shown, not hidden — Lite's own Account tab says exactly what Elite adds.

Getting started

  1. Launch it.
    It opens in a new tab and runs in your browser. Nothing to install, nothing to sign up for.
  2. Accept the access agreement.
    The first time only. You confirm you're 18 or older and type your name, which you submit yourself through a Google Form, and it's remembered on that browser afterwards.
  3. Start in Learn.
    The app opens there and suggests an order: the references first, then the Level 2 lab and the chart drill, then Practice, then your three daily Full Sim stocks.
  4. Keep an eye on the clock.
    A countdown sits beside the LITE badge, with reminders at 3 days, 1 day and 1 hour.
Full Sim in L2TS Lite: the Full Sim tab labelled 3 stocks, a counter reading 3 of 3 Lite stocks left, an ADTX chart with VWAP and the 9 EMA, and the Level 2 book and time and sales beneath.

Full Sim, with the stock counter beside the title. A stock only counts when you take your first trade on it.

Questions

Should I launch it here or download it?

Launch it here — it's the simplest way in, and it opens on the current build. Download a copy only if you want to run it offline. A downloaded copy is the same app with its own separate storage, including its own 7-day clock. If you ever switch between the two, use Export account in one and Import account in the other to bring your stats and hotkeys across.

Why does Lite expire?

Each Lite build is valid for 7 days from the first time you open it, and never past the end date it was published with. The countdown beside the LITE badge shows what's left. When it ends, the app locks and asks you to get the newest version from this website. Nothing is deleted. Before it expires, hit Export account (on the Account tab), then Import account in the new build to carry your stats and hotkeys across.

How does the three-stocks-a-day limit work?

Lite gives you three stocks in any rolling 24 hours. A stock is only used when you take your first trade on it — from then on you can trade it as many times as you like until you skip it or its session ends. Watching the tape and skipping a stock you haven't traded are always free, so a bad draw costs you nothing. Once all three are used, the next stock plays through once as a watch-only preview, and Full Sim stays locked until a stock frees up. Practice runs the same engine with no limit.

Does it work on a phone?

Yes. L2TS has a phone layout with on-screen buttons — it's the Mobile device switch in Settings.

Is anything sent anywhere?

No trading data is. Your trades, stats and hotkeys are calculated and kept in your own browser, and there's no account to create. The one thing you hand over is your name for the access agreement, which you submit yourself through a Google Form. Like most websites, the app loads its fonts from Google Fonts, so Google can see your IP address, and the site that hosts it may keep standard server logs.

Is it a trading platform or financial advice?

No. It's a practice simulator — not a signal service, not a broker and not financial advice. Every symbol, print and quote is generated by the engine, and real money behaves differently: slippage, halts and your own nerves aren't fully modelled.

Elite

Unlock the full L2TS with DTSM Elite

Unlimited Full Sim, short selling, leverage, Hardcore mode, the advanced DAS-style hotkeys and complete Account analytics — alongside the rest of the DTSM Elite community and training. The link includes coupon FIRST25 for 67% off.

Join DTSM Elite → Explore DTSM

Coupon FIRST25, applied automatically. This is a referral link. Membership is sold by Drive The Stock Market; L2TS Lite is free for everyone, and the full L2TS is an Elite member tool, not a separate product.

Try it

A stripped-back version of Full Sim, running live in the page. Price only ticks when the resting size at the inside gets taken, so the book has to empty before the chart moves — and when a seller is parked on a level, the block sits there and counts down until it clears.

DEMO
HEIGHT
— — Flat
LEVEL 2 SHARES 100
TIME & SALES

You buy the ask and sell the bid, 100 shares a click. Keyboard: B to buy, S to sell. Speed is 1x or 2x, like the app: a candle every 5 seconds at 1x, 2.5 at 2x.

What to watch for

Before each break a seller parks on the offer and the row lights up in the book. Watch the size count down. Some reload their displayed size instead of stepping away — that's an iceberg, and it's the tell. Once the block clears, the tape rips and the level flips to support underneath.

What the demo leaves out

No scoring, no trade review, no hotkey binding, no adds, stops or shorts. No sweeps, no rejection bars and no day arc either — these always follow through. In Full Sim most names give back the bulk of their move, breakouts hold about 60% of the time on the front side and a quarter on the back, and two of the setups are traps.

Want the real engine? L2TS Lite is free — the whole Learn library, unlimited Practice and three Full Sim stocks a day, with the traps live and every trade graded.

Launch L2TS Lite — free