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In a message dated 10/29/98 6:24:14 PM Central Standard Time,
robertwc@xxxxxxxxxxxxxxxxxx writes:
<< trading level 2 is the advantage trading within the spread offered by the
MM? Is it the fact that you can see all the representative bids and offers
from the MM and from that you can get an idea of the inter strength of a
stock for the short term. >>
There is really no more trading within the spread, IMO. That was a successful
game before everybody and their brother decided to try it.
You can see the majority of the representative bids and offers but never all.
It is a game. They all hide. However, if you learn to play the game with
them as opposed to against them, you can make a great living. You must become
the MM, so to speak.
Pert
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