Which one is BETTER?

This is a discussion on Which one is BETTER? within the Level II forums, part of the Methodologies category; I WANT TO KNOW IS TRADING BY THE ORDER BOOK MORE PROFITABLE THAN TECHNICAL ANALYSIS IN SHORT TERM TRADING? AND ...

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Which one is BETTER?

I WANT TO KNOW IS TRADING BY THE ORDER BOOK MORE PROFITABLE THAN TECHNICAL ANALYSIS IN SHORT TERM TRADING? AND WHY?
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You appear to habe you're wires crossed.

Using the order book is a method of execution, and alternative to calling your broker.

TEch analaysis is a way of choosing when to enter or exit the stock etc.
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Originally Posted by foredog View Post
You appear to habe you're wires crossed.

Using the order book is a method of execution, and alternative to calling your broker.

TEch analaysis is a way of choosing when to enter or exit the stock etc.
Not quite. Many scalpers use the order book and time and sales as essential tools in their trading methods. They may or may not use charts and TA in the more conventional sense in addition to the book.

As to which is better or easier, it depends on who you ask.
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Originally Posted by globaltrdr View Post
I WANT TO KNOW IS TRADING BY THE ORDER BOOK MORE PROFITABLE THAN TECHNICAL ANALYSIS IN SHORT TERM TRADING? AND WHY?
Use your tools in combination.
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