Thanks for the answer. Here in Sweden there is a trading-software all day traders use through their broker, but it costs about 100$ per month. So I wonder if it might be any cheaper way to get complete Level 2 and T&S data. Is this a price you could expect to have to pay for that data in the US...
So I have been trading Forex for about one year, but recently I have become interested to start day trading stocks, and learning to read Level 2. I just wonder, if this orderbook is enough for trading the level 2...
I have been trading FX and indices (mainly DAX) now for almost a year using techincal analysis. I know that a lot of daytraders trading stocks uses tapereading, many hardly even use technical analysis. Still I have not understood what tapereading is all about for daytraders. What exactly is a...