Understanding the Squawk

This might help.

http://www.realtimefutures.com/glossary.htm

 

That is the price of the bid ask spread. 180 bid and 200 offer.

 

YW, TGregg. I think others who have already responded summed up very nicely their answers to your questions. It took me a while to get used to the broadcaster’s lingo; but once I got the hang of it, it was pretty straightforward. And yes, as Jordan pointed out, watching the price on the screen at the same time you’re listening, helped a lot at the beginning.

Kermit

 

Thanks a bunch for all the help. I've got plenty of stuff to figure out now .

 

TGregg,

What squawk service do you use?

 

None so far . I'm going to demo a couple and see what I think.

 

realtimefutures.com is the one i use, and it's awesome. broadcaster is amazing, good emotion when pit starts to rock and roll.

 

I wouldn't suggest this one to newbies tho... it will tend to make you overtrade.

Start with something slower, like xsquawk. They give you a 5 day trial too. Ben (@realtimefutures) might be a little overwelhming to start with.

But the squawk is an essential i would say.
MUST HAVE.

 

and please skip LOS.net

they are real... slow...

I can read off the screen fast than they do.

 

That guy’s the fastest talker I’ve ever heard. Never knew anyone could speak so fast!

Kermit
:eek: