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Strategies & Market Trends : Level II Trading

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To: DD™ who wrote (929)	3/8/1999 8:42:00 AM
From: bruce bell	Read Replies (4) of 1086

You will find after you us Level II that 's it not prefect. But it trends normally in the correct direction. One rule that I use is if the prices move clockwise bad counter cw good. If INCA is on the bid may be buying watch and see it INCA is selling more if so forget. Do not bid against INCA Level II does not show you all stock for sale only the ones that the MM wants to show you. I have used level II since 10/98 and would not trade without, but I am a day trader. I trade 2X per day maybe and since the first of the year I have 3 lossers and 35 winners. LevelII is not something hard to use but it is not prefect. Check out mytrack, castle on line. Some people give you level II for free if you trade 100 times per month and pay $10 more per trade the free is $10 X 100 = $1000 for your level II. Buy mytrack and you will pay $130+ for level II. How do you trade day or investment. What system or approach do you use? bruce

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