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Strategies & Market Trends : Daytradng 101... A place to ask simple questions.

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To: Dave Campbell who wrote (6)2/15/1998 5:50:00 PM
From: scaram(o)uche  Read Replies (1) of 32
 
Thanks, Dave:

First, in the event that any of my friends read that last post and say "huh?"......... I trade to diversify my strategy, and I trade with only a small portion of my at-risk capital. A majority of my investments are long-term.

OK, it sounds like SOES is not for me. How about level 2 quotes, or whatever they're called? I spend a lot of time trying to intuit what they must look like from trading pattern and volume. Are they useful for predicting "holes" that can be filled on relatively little volume? Are they used, on occasion, to lure the naive? I sometimes place "market" orders. It almost always turns out to be a good move. Almost. ;-)

Rick
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