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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: Dave O. who wrote (1610)10/18/1998 12:35:00 AM
From: Chuck T  Respond to of 2120
 
Here is a better display of a Nasdaq Level II screen, this one of MSFT. The best bid and ask are at the top of the screen. You can see multiple brokers at the same price:

dbc.com

Chuck T.
dbc.com



To: Dave O. who wrote (1610)10/18/1998 10:37:00 AM
From: Jack Chen  Read Replies (1) | Respond to of 2120
 
Dave: Thank you very much for the explanation..I understand much better now. Another word..in COMS case, one can enter any prices he wants but he will have to wait for the market to come to that level regardless of the market execution systems.