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


To: Maarten Z who wrote (4113)9/16/1999 7:58:00 PM
From: Rick Faurot  Read Replies (1) | Respond to of 18137
 
lol,

Well, okay, I guess I AM a bit of a flasher. j/k!

Actually, I'd guess 90% of my orders do get hit.

One thing I wanted to add about the ISLD book is that for me it was too hot of an indicator in that ISLD traders have the most hairtrigger reaction to everything in the market. If anything looks dicey or questionable, the bid on the ISLD book tends to look like a ghost town real fast. Yet on L2 there may be a bunch of MMs playing games along with a ton of ARCHIPs jumping into the action. So I stopped watching ISLD and just focus on RT L2. I prefer seeing all the players even though it often tough to know what they are up to. I compare it to a fast game of poker and I have to admit I love the game--supposedly a serious no no for a "serious" trader. Heh. Slap me with a large trout then, I probly need it!

Rick