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


To: funk who wrote (54)2/3/1998 10:53:00 PM
From: Street Walker  Read Replies (1) | Respond to of 1086
 
I'm building a computer to run FOUR 21" monitors!

If interested come lurk at: DREAM MACHINE (Build Your Own PC).

Yes, Windows NT is the best OS for business and multitasks.

Your Level 2 questions have no easy answers! Many books written,
but its still a mystery. Hopefully, as this thread develops,
we will all gain some insights.

One of the ways I use Level 2: (for beginners/those who don't have lv2)
If a stock has breaking NEWS, I see how the MM's are reacting, and if they are all in a hurry to the next ASK price, I hurry and click my Kill Key in time to catch a MM before they raise the price. SPEED rules! If you are in a stock and you are wondering when to sell,
you do everything in reverse. As you see them dropping to the next bid, you catch one before he drops.

For experienced Level 2er's: MM's are plain old dirty bastards!!

S.W.