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having done both i can say from my experience that level2 is "easier" -
though that is really a misnomer. there is no comparison btw level2 and
sp500 futures in terms of execution speed and fills. not to mention there
are a greater number of opportunities given the large number of available
stocks.
however, if you can't make money in one, you probably can't make money in
the other.
re the '25 y/olds' -- there is an element of truth in this observation. it
is still the excpetion and not the rule however.
-----Original Message-----
From: RONC2@xxxxxxx <RONC2@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Monday, April 12, 1999 9:43 AM
Subject: DAY: Level II vs. SP500
:Is it easier to daytrade NASDAQ Level II than SP500? You don't see very
many
:25 year old S&P daytraders gracing magazine and news stories with quotes
like
:"...last month I worked in a skate shop and knew nothing about the markets.
:By the closing bell I will have made $20 grand for the day." (this is
:something I made up, but seems to reflect what I see about Level II
:daytraders).
:Thanks for your comments,
:Ron
:
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