Swing trading and Level II

Discussion in 'Trading' started by DennisAndLisa, Jan 10, 2004.

  1. Is it necessary to use Level II to fine-tune entry points on the intraday chart for swing trades lasting a couple of days?

    Thank you,
  2. Turok


    Absolutely not. Unless you have spent a lot of time with a level 2 display in a particular stock (enough time to get to know the market makers like family) there will be no significant benefit.

  3. zxcv1fu


    Level 2 is filled with lies about price & size anyway. I'd rather have time & sales.