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Re: delerious1 post# 117190

Thursday, 02/09/2023 11:34:15 AM

Thursday, February 09, 2023 11:34:15 AM

Post# of 172661
L3 isn't available to most retail investors. More of a MM tool, from what I've been told.

L2 only shows us the most relevant order for each MM. If your order at $0.0152 is from a MM that also has an order at $0.019, yours won't show. Same with your sell order, it won't show if there are any orders lower than yours from the same MM.

So first step is to figure out what your MM is, and you'll only see your own orders when they are close to bid/ask. Here is an example of my L2:


If someone can't tell that a shell is a shell, can you trust anything else that they say?