Level II training

K

krazyanyway

Newbie

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• May 30, 2006

• #1

Hello all, first-time poster here.

I've read quite a few threads around t2w's forums, especially regarding level II, and am now wondering about training. I've seen some discussion on the 1-2-1 course and the like, but I'm wondering if it is possible to receive "live" training from a professional without it being in person ? (I doubt many Nasdaq pro's live in my area which is Quebec).

I am aware that such a method might prove difficult, but perhaps there is something available out there that I haven't read about yet.

Thank you in advance, keep up the great work around the forums !

 

Trader333

Moderator

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• May 30, 2006

• #2

Why do you think that you need training on Level II and not on other aspects of trading ?

Paul

 

K

krazyanyway

Newbie

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• May 30, 2006

• #3

Trader333 said:

Why do you think that you need training on Level II and not on other aspects of trading ?

Paul

Click to expand...

I most certainly do. I must say I have a solid background in t/a, but that's about it, so I definitely can improve on many aspects. The reason I focused my post on level 2 is because I'm a trainee in a prop trading firm where they specialize in ECN credit making (which is very level 2-intense). I want to improve my level 2 skills so that I can in turn improve my credit making and hopefully start spreading more.

 

T

TheBramble

Legendary member

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• May 31, 2006

• #4

If you're a trainee in a prop firm there are opportunities to get a significantly structured and graduated entree into LII a lot closer to home!

 

K

krazyanyway

Newbie

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• May 31, 2006

• #5

TheBramble said:

If you're a trainee in a prop firm there are opportunities to get a significantly structured and graduated entree into LII a lot closer to home!

Click to expand...

I wish it was that simple, but it seems the traders in charge are much more interested in their own P/L than in teaching us live.

 

T

TheBramble

Legendary member

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• May 31, 2006

• #6

Change firms.

 

T

theEdge

Member

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• Jun 26, 2006

• #7

What's credit making?

 

K

krazyanyway

Newbie

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• Jun 27, 2006

• #8

theEdge said:

What's credit making?

Click to expand...

When your order if filled through an ECN on direct access, you receive liquidity credits (differing for every ECN, ADFN being the most profitable). Credit making is essentially making multiple flat trades while making sure your orders are getting filled instead of filling others', thus making money off ECN credits,.

 

O

Overtaker

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• Sep 9, 2006

• #9

Hey, same concerns with you. Also a new prop trader. I think we have the same firm.

 

C

cecek

Newbie

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• Jan 8, 2007

• #10

Try OTA . Online Trading Academy , l think thier website is in conjunction with Actionforex.com.