http://www.trade2win.com/boards/ Discuss the details of trading by the order book. en Fri, 20 Nov 2009 23:16:46 GMT vBulletin 60 http://www.trade2win.com/boards/images/misc/rss.jpg http://www.trade2win.com/boards/ http://www.trade2win.com/boards/level-ii/78844-demise-level-ii-plus-level-3-a.html Sun, 08 Nov 2009 15:17:07 GMT http://www.trade2win.com/boards/level-ii/4129-making-150-000-month-trading-us-stocks-9.html#post553174 Do you guys really believe level 2 gives you any clue about the support and resistance? In a new era of high frequency and automated algo trading ,can level 2 really work? Are there any... http://www.trade2win.com/boards/leve...tml#post553174

Do you guys really believe level 2 gives you any clue about the support and resistance?

In a new era of high frequency and automated algo trading ,can level 2 really work?

Are there any conclusive back tests , that trading on level 2 information does give you an edge?

Have the big players suddenly turned naive to hand you cash in your hand by playing strip poker?These big players are not going to show you their card , are they?They are in and out of trades faster than a whore's drawers.

Personally I think level 2 is "trading an illusion of pissing in the wind".Anybody using it does not make money from trading it, but is probably using it to sell Madoff signals on Nasdaq stocks,Madoff mentoring, madoff courses and Madoff trading.

In a dynamic market , that is rigged against the ordinary trader ,level 2 info has little merit.It is a bit like using leading indicators, none of which are ever proven to be profitable.

Please show me some proof.

http://www.ehow.com/video_4790909_th...vel-level.html

O D T ]]> Level II oildaytrader http://www.trade2win.com/boards/level-ii/78844-demise-level-ii-plus-level-3-a.html