Recent content by nararbee

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    Level II quotes

    Very true. Here's an example. About 2 weeks ago PETS was trading in the mid 9's. For about 3 hours PETS range was literally 9.70-9.71. If you looked at level 2 during this entire time which I happen to do the amount of shares offered at 9.70 was never more than a few hundred shares, but...
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    Level 2 quotes aren't really level 2 quotes

    Right now I'm getting my level 2 quotes from TD Ameritrade. They used to offer the ECN book from INET, but becuase of the merger with NASDAQ they terminated that. But I was doing some research and found out that TOTALVIEW actually has pretty in depth coverage of the level 2 spectrum. It does...
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    Looking for traders in Seattle

    I'm 27 and have traded equities for the last 3 years. But I really consider this more of a hobby than a job so I don't see myself being a serious trader. If you want to send me some info on your plans on starting your own trading group please mail something to my work (The Red Robin that is...
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    Level 2 quotes aren't really level 2 quotes

    Anyways this is my first post, but I have been trading for 3 years now. My questions: Isn't kind of obsolete using just regular level 2 quotes if you don't have access to the ARCA Web Book and the INET soon to be Nasdaq/Brut/INET book as well? I mean my current level 2 just shows the...
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