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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Carl Worth who wrote (990)6/18/1999 2:05:00 PM
From: -  Read Replies (3) of 18137
 
re: Level II, I find it most useful for finessing entries and exits. It allows you to better judge the true strength/weakness, while at the same time (almost always) "making the spread" (buying on the bid, selling on the offer) when you use ISLD and ARCA in conjunction.

I don't try to "read" the market that much with L II (except when scalping), but it pays for itself just for the entries and exit improvements.

Certainly not essential, but nice icing on the cake...

-Steve
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