Beginner Information on Level 2 and Time & Sales Day Trading Education
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BUY 200 SHARES OF LADY GAGA
1 year ago 11
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All Comments (15)
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GAGA is up 10 points.
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all i know is all i keep hearing is lady gaga in the background....lol niiiice :-p
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@ 4:12, if they are "taking the 82s", then shouldnt it be green? NOT red, if its red, then shouldnt it be that the "82s are being hit?"
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fuck aapl
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Is there an address I can email you?
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which service is this in video ? How much do you pay for level 2 and T&S ?
thanks
rokcah123 2 years ago
Hi Rokcah123, The service is Lightspeed Trading. I am only paying about 30 dollars per month for the data feed. You can view my full review of Lightspeed at TradingApples [dot] com
EganTrading 2 years ago
When you see green rushing past on T&S does that generally indicate price rising.
medwar19 2 years ago
Usually yes it does :)
EganTrading 2 years ago
the truth is honestyly you really dont need level 2 in order to trade sucesfully level 2 is a poker game most of quotes that are there arent even the real quotes theres tons of mm hidding behind level 2 screen the chart is all you really need i trade forex both day and swing and youll never find any level 2 or any kind of market depth all you really need is the chart learn how to quantify support and resistance keep it that simple stay away from books indicators news get educated correctly
larrygt1 2 years ago
Level 2 is constantly changing, however if you know how to properly use it and weigh it in your decisions it can be an excellent asset.
Charts are primarily what I use in my trading. I don't use any indicators however I do know people who trade successfully with indicators so I wouldn't say they are ALL bad. Books are an excellent source of trading information and education. As for news based trading, I personally don't but again I know people who do this quite well.
EganTrading 2 years ago