The Final Frontier - Online Remote Trading Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Final Frontier - Online Remote Trading

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: peter michaelson who wrote (5337)	9/24/1998 1:47:00 PM
From: RML Trading	of 12617

The Island book will show you all orders listed on ISLD. These orders can be away from the market or at the inside price. Level II will show not only a market makers best bid or lowest offer, but will show ECN's as well. The exception to this is SNET . Select Net is not listed on Level II. I personally have access to the ISLD book and do not consider it a powerful tool. As a day trader it is important to try to recognize order flow. That means real buyers and sellers. ISLD is generally use by day traders that may be flipping that stock in a 1/4 to a 1 move. Real order flow would be defined as institutional or retail orders. I hope this helped. RML Trading Inc. Robert Luecke

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next