RickF, Level II trading software allows you to watch trades being executed live.
RickF, Level II trading software allows you to watch trades being executed live.
LEVEL 2 SHOWN THE BID AND ASK PRICES AND SHARE AT THAT PRICE AS THEY ARE BEING TRADED IN REAL TIME.. (IE) THE BID: .27$ WITH 250,000 SHARES AVAILIBLE WHAT PEOPLE ARE WILLING TO PAY FOR A STOCK VS; THE ASK:.28 WITH 300,000 SHARES AT WHAT PEOPL ARE WILLING TO SELL THEM FOR LIKE A AUCTION.. THIS IS WHAT MAKE STHE PRICE GO UP AND DOWN WHEN BUYERS COME IN THEY HIT THE ASK DRIVING IT UP.. OR HITTING THE BID AND DRIVING IT DOWN..
ITS MORE FOR DAY TRADERS OR MOMENTUM TRADERS THAT ARE IN A STOCK FOR SHORT TERM GAINS..
YOU CAN GET AN IDEA ON YAHOO FINANCIAL SITE, CLICK ON THE ECN LIVE TRADES AND YOU WILL SEE..PEACE
Thanks Bunches guys! Here's hoping for REALLY positive news on Monday!!