Very helpful thank you! One question. You see a level and large size on the bid. How do you determine whether the size is due to Stop Loss orders on Sells or buyers looking for a great buy level? Very different scenario's. In the former the big players think if that level hits the stock will plummet but if the latter then the stock will take off. Thanks guys!
Should you trade a stock when the Level 2 Bid and Ask offer HUGE positions size at the same time and through out the trading day...ie. stock ABC current BID is @ 2.00 with multiple buyers @ double to triple digit/or thousands positons...the current ASK is @ 2.01 and has mulitiple sellers @ double to triple digits/or thousands. The same for the next two and three price levels for the Bid and Ask....hope this makes sense. Thanks guys for all the great Live content...take care and any feedback is greatly appreciated.
Need to start with a slower volume stock to teach. When the numbers are scrolling by at the speed of light...it's tough to understand when you're just learning.
Can you explain why big SUDDEN flushes occur where there is NO WARNING on the Level 2. It seems the Level 2 is worthless at times because the price action doesn't always follow the Level 2.
The level 2 is a source of information, but not the key to everything. Different tools give you different info, the level 2 indicates the existence of some passive orders! Please stay tuned, we post educational content everyday!
this was one of the most informative videos ive ever seen. concise and great knowledge to know. thanks guys!
That is awesome! Thank you for the feedback! Please stay tuned, more great videos are coming!
Very helpful thank you! One question. You see a level and large size on the bid. How do you determine whether the size is due to Stop Loss orders on Sells or buyers looking for a great buy level? Very different scenario's. In the former the big players think if that level hits the stock will plummet but if the latter then the stock will take off. Thanks guys!
Great content once again guys. Very informative.
Glad you liked it! You are welcome!
Please stay tuned, more educational videos are coming!
Should you trade a stock when the Level 2 Bid and Ask offer HUGE positions size at the same time and through out the trading day...ie. stock ABC current BID is @ 2.00 with multiple buyers @ double to triple digit/or thousands positons...the current ASK is @ 2.01 and has mulitiple sellers @ double to triple digits/or thousands. The same for the next two and three price levels for the Bid and Ask....hope this makes sense. Thanks guys for all the great Live content...take care and any feedback is greatly appreciated.
Please stay tuned to see more great videos!
So much helpful content on your channel! Thanks for that.
Happy we are helpful! Please stay tuned, we post educational content everyday!
very interesting ... one needs to be using the platform to truly understand what is going on
Please stay tuned to see more educational videos!
Do I have to be a day trader with the min 25k capital requirement to use PPRO8?
Please contact us at partners@daytradetheworld.com and one of our specialists will be able to answer all your questions
Need to start with a slower volume stock to teach. When the numbers are scrolling by at the speed of light...it's tough to understand when you're just learning.
Can you explain why big SUDDEN flushes occur where there is NO WARNING on the Level 2. It seems the Level 2 is worthless at times because the price action doesn't always follow the Level 2.
The level 2 is a source of information, but not the key to everything. Different tools give you different info, the level 2 indicates the existence of some passive orders!
Please stay tuned, we post educational content everyday!
Old intro was better
Thank you for the feedback! Please stay tuned to see more educational videos!