can i use level 2 data for trading currency or s&p 500? do traders use level 2 data for trading or s&p 500 Posted Jul 18, 20 8:56 AMbyFinancestudentViews 132 / 0Received 0 KarmaTimothyHero Jul 18, 20 9:38 AMFor currency (forex) trading, no. For S&P, I don’t think so.Financestudent Jul 18, 20 12:39 PMso traders that trade forex are not using level 2. omg how the fuck are they trading then? what edge do they have.Financestudent Jul 18, 20 12:51 PMthey are using price ladder lolTimothyHero Jul 19, 20 8:48 AM@Financestudent — I used to trade forex and from my experience, no brokers offered it. The forex market has over $5 trillion traded daily. The level 2 would be impossible to read because trades and orders happen so quickly.Join now or log in to leave a comment
Financestudent Jul 18, 20 12:39 PMso traders that trade forex are not using level 2. omg how the fuck are they trading then? what edge do they have.
TimothyHero Jul 19, 20 8:48 AM@Financestudent — I used to trade forex and from my experience, no brokers offered it. The forex market has over $5 trillion traded daily. The level 2 would be impossible to read because trades and orders happen so quickly.
For currency (forex) trading, no. For S&P, I don’t think so.
so traders that trade forex are not using level 2. omg how the fuck are they trading then? what edge do they have.
they are using price ladder lol
@Financestudent — I used to trade forex and from my experience, no brokers offered it. The forex market has over $5 trillion traded daily. The level 2 would be impossible to read because trades and orders happen so quickly.
Join now or log in to leave a comment