Darren-
Per your post- "But when I see an ATTN or a BLOC or some other small MM symbol, I'm more inclined to say that it is an experienced trader"
Probably just the opposite, they advertise on the radio and cable tv in NY. Guys, the Level2 is helpful for trading, but NOT to read what's REALLY going on. I concede after reading all of these posts that you probably can clip small profits from Level2 study, though you may get faked out just as much, but the big money is not there, except for the tickethouses, they make it both ways. This guy that posts here, Mmaker, has some valid points, though he comes across antagonistic, so some of you actually argue, why bother. I'm still wondering what DRrisk uses the instant system for if he's a position trader, entertainment? DRrisk would actually be better off having an experienced broker/trader work orders for him, paying a 1/16(my firm doesn't work customer orders). The execution would be well worth it, though I'm sure I just committed a mortal sin here with that opinion.
-Alex |
