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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: TraderAlan who wrote (4076)9/16/1999 3:50:00 PM
From: Ken Adams  Read Replies (1) | Respond to of 18137
 
Alan,

Now, see, this is what passes me by about all this...

You just tap more liquidity by preferencing a wider market.

When I place my limit order with my broker, aren't I tapping at least (seems like it should be more) the same liquidity as you are? I mean, everybody interested in my stock gets a shot at my limit order. Seems like your way would only include those folks watching Level II.

Obviously, I don't understand a lot of this.

Ken