Hello all, I have been daytrading lately with some particular momentum setups that have worked relatively well. The main problem is when I apply it to instruments like TZA, SRS, etc., with wide spreads and even SDS (whose spread can widen quickly during expanding volatility). What I have been doing is executing market orders once I see the momentum moving. However, this can provide some unpleasant results. For example, if I want to buy SSO at 17.50 on 500 shares, well when a pop comes in the fill can come at 17.58... on a momo daytrade, 8 cents is a big difference when you are using very tight stops. This is particularly important with the more volatile/wider spread issues like SRS and TZA. I suppose the better entry would be to see where the momo should swing the other way (i.e. when an issue is basing, etc., and put a limit order in. I'd also like to consider Level II but with a wide spread and a price that moves so fast, I'm not sure how advantageous that would be. I recently subscribed to Level II quotes on my broker, but I have not used it yet. Can anyone elaborate on their own methods here, and does anyone have any resources or tips on using Level II? I know what Level II is but it moves very quickly. Thanks!