The Final Frontier - Online Remote Trading Message Board

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

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To: Robert Graham who wrote (3210)	2/25/1998 10:09:00 PM
From: ExCane	Read Replies (1) of 12617

Bob- You sound like a bright knowledgeable guy from all of your postings. You already have the answer to your question -"I find the price and volume action of the stock more indicative of future price action" . If you can do that, you don't need to Xray a level2 to clip 1/8's off the other traders or MM's. Trades mean 1000% more than the bid/ask, don't listen to the tickethouse "training" to hit the bid if a trade goes against you an 1/8, if you picked the right stock and time of entry, you can buy the scalper's stock by being the bid. Don't try that till you've watched for a while. Concentrate on trading, oh and thanks for cutting down on the length of your posts. -Alex

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