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Strategies & Market Trends : Level II Trading

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To: David E. Henry who wrote (506)4/18/1998 9:18:00 AM
From: Dave O.   of 1086
 
< I was misled! Was told everyone does bootcamp at Attain!

I had been trading for 1 1/2 years before using Attain system. They thought I could benefit from their course but it wasn't mandatory.

< Are you a remote trader? or do you trade in one of their offices?

I trade from an office.

< Would you use level 11 to validate the chart's action on a stock or vice-versa? >

I use Level II to watch for changes in where the stock might go. Yesterday I saw little support other than GSCO in a stock I was watching. He was taking a lot of hits and ultimately other MM's joined him at best bid. Ultimately the stock moved up.

< Also, how do you chose the stock you will monitor on level 11? >

I choose my stocks the night before after reviewing charts so I start each day with 10-15 stocks I'm monitoring.

Dave
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