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Strategies & Market Trends : DAYTRADING Fundamentals
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To: id who wrote (1942)7/18/1999 10:34:00 AM
From: TraderAlan  Read Replies (2) of 18137
 
id,

If you want to trade intraday, you have no choice but to pay the money. Position traders can get away with a lot less. But anything shorter and you can't make reasoned decisions without following the intraday swing of the market using most of this data. You can live without Level II if you don't use ECN executions but they will crush you if you don't know where ISLD size is waiting to take the other side of your position.

BTW real time ISLD book is free to anyone with the java viewer available on the web. I use eSignal which CyberX is now featuring for $59/mon in their partnership.

Alan
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