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


To: David E. Henry who wrote (506)4/18/1998 9:18:00 AM
From: Dave O.  Respond to of 1086
 
< I was misled! Was told everyone does bootcamp at Attain!

I had been trading for 1 1/2 years before using Attain system. They thought I could benefit from their course but it wasn't mandatory.

< Are you a remote trader? or do you trade in one of their offices?

I trade from an office.

< Would you use level 11 to validate the chart's action on a stock or vice-versa? >

I use Level II to watch for changes in where the stock might go. Yesterday I saw little support other than GSCO in a stock I was watching. He was taking a lot of hits and ultimately other MM's joined him at best bid. Ultimately the stock moved up.

< Also, how do you chose the stock you will monitor on level 11? >

I choose my stocks the night before after reviewing charts so I start each day with 10-15 stocks I'm monitoring.

Dave



To: David E. Henry who wrote (506)4/18/1998 10:35:00 AM
From: jerryf  Respond to of 1086
 
I talked to Atain and was told after 100 trades no mo chgs. Then go to there office and it became 150 RTs, Looked at Landmark and they want 250. to install soft ware,Plus 250 mo. for remote,Cybercorp doesn't seem to be interested in any one who doesn't do over 250 trades mo', then inquired of MBTrading and if over 2000 shrs extra chgs apply.
then found Trend Trader which has 1000 shr limit, but will waive to 5000 with no chg, so at this point I'm flying to Phoenix and get serious. But I want the 5000 lot in writing before I make decision.
If you make 25 trades, Trend picks up the RT fees. I love the USA as only here can you pick up telephone and save big bucks.