Replies to post #23507 on WEALTH UNIVERSITY

[jasontrader]

With Level 2 you can see size and depth of the market in real time.

[w0od]

depending on what you use to watch you stocks with most platforms or trading platform has something called "Time/sale window" or "raw data" open those and it shows every trade during the day with a time stamp. you can also see this on ihub but it is delayed 20minutes go to depth/L2 on the stock info section and on the right side is time&sales

[VERITAS77]

LLEG
http://www.otcbb.com/asp/Info_Center.asp (Depth/L2)
Time & Sales
Price Size Exch Time
0.0031 2500 OTO 15:59:53
0.0031 3000 OTO 15:59:23
0.003 518600 OTO 15:58:57
0.0031 2500 OTO 15:58:45
0.0031 3000 OTO 15:58:22
0.003 7500 OTO 15:57:53
0.003 348000 OTO 15:57:53
0.003 500000 OTO 15:57:49
0.0029 407500 OTO 15:57:49
0.003 25100 OTO 15:57:33
0.003 3000 OTO 15:55:39
0.0029 125000 OTO 15:49:46
0.0029 5000 OTO 15:45:47
0.0029 25000 OTO 15:44:53
0.0029 855000 OTO 15:44:38
0.0029 22000 OTO 15:42:43
0.0029 78000 OTO 15:42:16
0.0029 250000 OTO 15:36:24
0.0029 32000 OTO 15:32:02
0.0028 1000000 OTO 15:14:27
0.0028 1200000 OTO 15:14:21
0.0029 1000000 OTO 15:13:51
0.0029 45000 OTO 15:11:21
0.0029 379714 OTO 15:11:01
0.0029 40690 OTO 15:10:48
0.0029 666 OTO 15:10:48
0.0029 500000 OTO 15:09:21
0.003 24900 OTO 14:59:15
0.003 200000 OTO 14:59:13
0.003 400000 OTO 14:44:24

[TWilliamM]

I have level 2, this lets me see share price and number of shares per trade as they happen. You can get level 2 from any number of places. Alphatrade is pretty good but they charge 65 bucks a month if you include the pink sheet level 2 also. Although typically, the pinks are so low priced, you can buy a gazillion shares and so it doesn't take much price increase to make "significant" profits. And so cover or recoup the 65 bucks a month cost. Who cares if it costs 65 bucks a month if you are making 1000, 2000, or a "bunch of money" per trade?

E*Turd (E*Trade) also now includes level 2 for pinks if you have the E*Turd Pro capability on your account, you get that by executing a minimum number of trades per quarter through your E*Turd account.

In my not very humble opinion (sometimes not very humble) regarding brokers/trading they are all just as bad. I have been online trading since late 1995, originally opened my account with E*Trade, they have "screwed me over" enough times and cost me money enough times they shall forever unto Eternity be E*Turds in my opinion. But I have had accounts at Ameritrade (aka Ameriturd) and a day trader brokerage out of California, Southwest something, it's been a while since I did that though, I'd have to go look them up in my paperwork. That company had their own trading platform. When I put in buys and sells using that platform, I appeared to be a Market Maker on level 2. I have had at least one other account that I can recall with another small time brokerage. Like I say, in my opinion, they are all just as bad.

I know this all way more information than you asked for, sorry for cluttering up the board with my drivel.

[TWilliamM]

Oh ya, and by the way, I suck at charts/charting. That is why I am here trying to learn from Chartinator and the Professors, but I rock using level 2. On a fast moving stock, you can begin to see a "rythmn" developing in the trading. Watching the buys and sells and bids and asks changing, once you get a feel for it, I can guess regularly pretty accurately what the stock is going to do next in the short term. Most of the time. hehehehe If I could do it all the time, I'd be feeeeelthy steeeeenking rich sitting on a beach sucking down rum with 18 year old twin blondes as my bartenders.

[gotinearly]

Trey, I think someone here posted this before...but this shows the buys and sells delayed but it is interesting. Obviously wait for the market to open.

http://ih.advfn.com/p.php?pid=trades&cb=1205414265&btn=s_ok&symbol=PINK%3ALLEG&s_symbol_search=PINK%3ALLEG&ss_symb=LLEG