SaviCorp (fka SVMI)

[pisavsopbp622]

Good question and one I always asked when I first started trading pennies myself. I found nothing of assistance in the form of text. Best way to learn is to watch level 2 as often as you can and pick the brain of those who have experience in trading pennies.


When you watch level 2 think in simple economic terms of supply and demand.

If level 2 shows 2 MM's bidding @ .025 and only one ask @ .026 you can assume there's more demand for the stock in that price range. Simple, right?

Also, something I've learned and been learning is to go with your gut when watching level 2, if you see a particular MM (In SVMI's case it has been PERT) show up on the ask and all the sudden the bids start getting hit with huge whacks and that same MM is a couple xxx% below the market price on bid you can probably figure they're up alot on their money and are looking to unload.