Wednesday, May 27, 2009




5 minutes to go until end of day, take profits, go relax.


SKF












GS











FAZ
Posted by at

3 comments:

bluecollartrader said...

Hi Scott,
I was just reviewing some of your old stuff and found a reference last Nov 13th about when you check L2. You mentioned it was right before you make the trade. I was wondering what you are determining from L2 at that point that would disuade you from executing a trade even though you felt price and volume was where you wanted it.

6:42 p.m.
Scott said...

I don't remember why. I virtually never check L2 as there is lots of BS displayed. Sorry can't help you out there.

8:49 a.m.
bluecollartrader said...

Thanks Scott. I phrased the question poorly... it reads like I was asking about your L2 viewing on a trade last November but in fact I was just asking about your L2 viewing just before any trade. It appeared from your Nov 13th post that it was something you do. However, your reply here answered my question, "...virtually never..." says it all. Appreciate it.

2:41 p.m.

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