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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: Mike Sawyer who wrote (12116)	12/11/1999 12:27:00 AM
From: Rashid Garuba	Read Replies (2) \| Respond to of 59879

Mike, Do you do this for a living? <g>. The only times I have missed L2 is when I am placing my order and want to be sure there is enough depth to support me. I think what happened is I had to eliminate something as my trading got too complicated. I also fell into the trap (in my mind), of micro-trading, forgetting the big picture. How can you bear the volatility of a 1 min chart? The shortest I use is a 5 min. and that is only when all longer periods have confirmed and I am ready to trade. Given the choice to buy a chart formation or L2 size setup, I'll take the chart anyday, confirmed by ADX and trade volume as I am better at charting than L2. The type of trade definitely determines the value of L2. If I sat and watched you use L2 I'll probably be very impressed and learn a lot. Tradewell Rashid