Added: 4 years ago
From: sgomez858
Views: 6,895
Sort by time | Sort by thread (beta)

Link to this comment:

Share to:

All Comments (10)

Sign In or Sign Up now to post a comment!
  • Thoughtful video and analysis... thumb up

  • Sgomez, Hi. Great effort on educating people interested in becoming day traders. I have swing traded part-time for years but now want to day trade for a living. I have a couple of questions:

    - What is the purpose of level two?

    - You mentioned an organization that could provide discounts for commissions and leverage?

    I am currently using Ameritrade Izone for trading, ($5.00 trades) and a package called

    Ablesys Trading system to help me time in and outs. Thanks, Jack

  • email me for more info

  • I am new to trading. My level 2 doesn't have the same MMID as your. Does it mean each broker ruote and show order from different level 2 pool? Will price be different because of it?

    Do you use stochastic look Steve does?

    Thanks

  • I would call your broker and ask them. You might have some suppressed. We use a Direct Access platform. Watch the video on the top of the main page and you will see the difference if your not using direct access. I used to use stochastics but not quite comfortable with the Lightspeed charting at this point.

  • Thx for showing your sector watchlist - does it change on a daily basis? If so on what basis do you change it? Also, some traders swear by the T&S and say LII isn't necessary as it doesn't show actual trades which are far more important, whaddya think?

  • My sector watchlist pretty much remains the same.

    I trade more relative strength and weakness using charts and volume indicators. I might use T&S and LII to peg my entry at times. I will not discount either of the two because I know some traders in China who kill it trading off nothing but LII.

  • great job

Loading...
Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more