Comments on: What is the best way to learn and understand level II stock trading ? http://www.onlinetradingprofits.com/2009/02/27/what-is-the-best-way-to-learn-and-understand-level-ii-stock-trading/ Follow the transition from a hobby trader to a trader who trades for a living! Wed, 04 Nov 2009 03:07:05 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: walt17jr http://www.onlinetradingprofits.com/2009/02/27/what-is-the-best-way-to-learn-and-understand-level-ii-stock-trading/comment-page-1/#comment-461 walt17jr Mon, 02 Mar 2009 00:54:04 +0000 http://www.onlinetradingprofits.com/2009/02/27/what-is-the-best-way-to-learn-and-understand-level-ii-stock-trading/#comment-461 Experience. All level II does is provide you with more bid/ask info. Instead of seeing only the best bid/ask, you see those further away. Whether or not it is valuable is debatable. Some like it, some experienced investors ignore it. If you have it, the best think to do is follow the level II quotes and price movement. See if it tells you anything. Also, be aware that level II is for NASDAQ. All bid/ask quotes will not show. Experience.
All level II does is provide you with more bid/ask info. Instead of seeing only the best bid/ask, you see those further away. Whether or not it is valuable is debatable. Some like it, some experienced investors ignore it. If you have it, the best think to do is follow the level II quotes and price movement. See if it tells you anything.

Also, be aware that level II is for NASDAQ. All bid/ask quotes will not show.

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