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Scalping w/o level II
- Thread starter antattack
- Start date
Quote from antattack:
Would you say knowing level II data could lower my risk?
Of course it'll lower your risk. Scalping w/o L2 is like having a blindman trading stocks. w/o L2 you are mission all the quick moves that creates entry/exit opportunities. I can't even imagine what it'd be like to scalp without L2. just my 2c
Quote from forsalenyc:
Of course it'll lower your risk. Scalping w/o L2 is like having a blindman trading stocks. w/o L2 you are mission all the quick moves that creates entry/exit opportunities. I can't even imagine what it'd be like to scalp without L2. just my 2c
That makes sense foresalenyc.
How do you use L2 in your trading
Quote from dve250:
Level II can be deceiving when the MM's and others flash size then take it away because they know people watch it. Learn to read price action through chart patterns.
I agree. yes they can be deceiving. but as an agressive scalper, you hit into those bids/offers, and alot of times, you'll be in the money right away. for swing or longterm, L2 may not be as significant.
Quote from Kristy1975:
Just wanted to share these great setups with other traders
http://www.gapstrategies.tk
Twenty-nine posts, all today, all this same bit of spamming shit. Oops, my mistake - we're up to 41 spammings now.