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Strategies & Market Trends : SOES Trading -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Russell who wrote (1195)1/17/1998 1:38:00 PM
From: Jay Morrison  Read Replies (2) | Respond to of 1618
 
Bruce,

What is the key thing you are looking for before you pull the trigger on a trade? Are you looking for a huge ratio on the buy side vs the sell side (if going long). Something like 5 times more bids than offers?

I only have a level one screen at work so I really don't see the true size of what is going on. I only see the biggest single order on each side, I don't see all of the other orders. But even just using the level one screen, I paper trade based on that and manage to do O.K.
How much different is it actually using the level two screen?

Jay