InvestorsHub Logo
icon url

dgbbld1

10/26/06 11:04 AM

#3340 RE: tearose #3339

google search what is level 2
icon url

legacyinvestor

10/26/06 11:08 AM

#3341 RE: tearose #3339

L2 shows all the Market Makers (MMs)and their depth, their lot size and the price they are buying and selling. If you have a decent amount of money in stocks you shouldn't trade without it. L2 lineups can tell you alot about a stock and what might happen short term. I use AlphaTrade(.com)- $40+ bucks a month. If you want to make money, get it! Been watching L2 for hours each day for 2 years now so I have a fairly good understanding of what's going on with it.
icon url

techssentials

10/26/06 11:08 AM

#3342 RE: tearose #3339

Level 2 is a quotebook where you can see prices of the bids and ask of multiple MMs plus the transactions that are going through. It's usually a premium service, so you'd have to pay or qualify for it.