Level II, Worth it??

Discussion in 'Trading' started by BobbyMurcerFan, Aug 27, 2002.

  1.  
    #11     Aug 27, 2002

  2. i don't know of any, and i doubt that any out there would really teach you anything. do a search.
    i'd recommend to just watch it for a while and will start to make sense. don't watch JUST L2, i mean watch it in addition to whatever else you look at.. it WILL start to make sense...
    and if it doesn't..well, ...too bad
     
    #12     Aug 27, 2002
  3. rs7

    rs7

    As usual, Daniel has made a valid point. Since I DON'T try and scalp, and I virtually never hold a position for less than a half hour or so, to me, I find L2 close to worthless. But he's right. If L2 (or anything) helps you to make money, then it is of tremendous value.

    I do think there are better tools, but most are proprietary or very expensive. (One of the many reasons I prefer not to work at home or to trade my own money).

    :)Rs7
     
    #13     Aug 27, 2002