SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jenna who wrote (24604)2/7/1999 1:29:00 AM
From: uclatrader  Read Replies (3) of 120523
 
jenna i need your opinions on daytrading and nasdaq level II system
i have been using schwab internet trading almost two years
my trading strategy now is try to timing the turning point of the market
and then either go long or short on the leading sector
eg internet sector ( cuz they usually have the huge price swing )
hold it until the trend changes
till now i m pretty comfortable and profitable with it though i encountered huge loss last fall
i went to a daytrading brokerage house last week
they r using nasdaq level II system
which i m not familiar with at all
since u r a veteran daytrader and your thread has been really helpful and joyful to me last two years
can u give me some thoughts or experience of using level II system if u ever used it or now u r using it
i like the technology indeed
extremely fast execute speed i have to wait for my confirmation for 3 or even 5 mins in schwab
there is no middle person i m dealing with market maker directly
i can see those big boys' buying or selling
i have tried some day trading by schwab
the experience is just break even for me
should i change my strategy when i using it
what is the pro and con between daytrading and position trading
why i never see u talk about the market trend
excuse me if u did but i didn't see it
and what do u see the market in short term
if u recommend nasdaq level II
can u give me some clue which company provides good service and fair price
sorry having so many questions
thank u very very much in advance
best regard
shuo
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext