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Strategies & Market Trends : Trading For A Living

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To: Rick Faurot who wrote (734)7/5/1998 8:48:00 PM
From: surfinSteve  Read Replies (2) of 1729
 
I have been noticing a few mentions of Ken Wolff on this thread, so I decided to check out his site. Regarding Level II NASDAQ his FAQ surprisingly says:

Q. Do I need Level II NASDAQ to trade with you?
We generally do not use Level II. Level II is good for slow moving stocks and we usually do not trade them anywise.

Here's a link to that FAQ: mtrader.com

He also has a free morning email advisory that looked interesting, so I decided to subscribe to it. I have to admit that I'm a bit skeptical about relying on someone else's advice to pick stocks to daytrade. It sounds like I could easily be taken advantage of in a situation like that. Anyone agree?
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