I have always used an L2 screen to trade, but always curious about people who use a ladder screen to trade. Is there an advantage to using a ladder?
L2 screen - A screen that shows many many layers of bids and offers ladder screen - A ladder that shows many many layers of bids and offers L2 screen = ladder screen
max is a bot. He's worthless. Literally zero value add. L2 is a depth of book including venue. Only shares. A ladder or DOM can be used across all listed assets. It does not display venue. Volume at price.
My point is your Q is vague. there are many types of L2 screens. There are also many types of ladders. Your question has to be clear /specific. Use images/illustrations/diagrams to improve clarity.
Let me try this thread again.... Does anyone trade with a Ladder? If so, what do you find advantageous to using it over trading from an L2 screen? Thank you.
1. If you not have a lot of monitors and scalp both stock and futures. 2. You can see how many dollars, point or ticks you are up or down. 3. When I use a ladder, I use the fule lenght of the monitor, so more price points.
A ladder is just a way to display Level 2 data. It is very popular among scalpers. So if you want to see the benefits of using a ladder look for scalping techniques.