Thanks for showing these levels - now I know what they are I can see they would add little value to my trading, so I will save the subscription charges for them and stick to the basic trading platform at no monthly charge! Cheers
Hey Ahumphrey, You're welcome. In my opinion time and sales is way more important than level 2. Basically if you can just see the bid and offer price you really don't need to know what Market Maker it is at or the size of the bid/offer because it really is just nonsense. I still look at level 2 in my trading because I have used it since I started and I'm just used to viewing it for the price of bids/offers, but I really never pay attention to the size anymore.
Hey Eracerxxx, We don't have all the beginner content written out yet but will try and incorporate that into it! I know Shoot is going to cover those topics in his course when it comes out. Also check out InformedTrades for a bunch of other more basic information on position size and money management.
Thanks for showing these levels - now I know what they are I can see they would add little value to my trading, so I will save the subscription charges for them and stick to the basic trading platform at no monthly charge! Cheers
ahumphrey900 2 years ago
Hey Ahumphrey, You're welcome. In my opinion time and sales is way more important than level 2. Basically if you can just see the bid and offer price you really don't need to know what Market Maker it is at or the size of the bid/offer because it really is just nonsense. I still look at level 2 in my trading because I have used it since I started and I'm just used to viewing it for the price of bids/offers, but I really never pay attention to the size anymore.
-Brendan
InformedTrades 2 years ago
thanks a lot...
ForbiddingDurian 2 years ago
You're very welcome :)
-Brendan
InformedTrades 2 years ago
good video on level 2 quotes
pjblabla 2 years ago
Thanks! We're glad you like it
-Brendan
InformedTrades 2 years ago
great videos guys!
could you do one on position size and money management? it would help a lot!
thanks ^_^
eracerxxx 2 years ago
Hey Eracerxxx, We don't have all the beginner content written out yet but will try and incorporate that into it! I know Shoot is going to cover those topics in his course when it comes out. Also check out InformedTrades for a bunch of other more basic information on position size and money management.
-Brendan
InformedTrades 2 years ago