Free trial level 2 quotes

Level 2 lets you see all of the orders to Buy and Sell stock, throwing the door open, allowing you to see what is going on in the market itself. Level 2 tells you what other people want to trade. It shows you how many shares they want and what price they want to Buy or Sell at.

In everyday life, if you want to buy something, you find someone who is selling it. If you want to sell something, you find someone who wants to buy it. The stock market is exactly the same as this. Level 2 data shows you everyone who is trying to sell and buy stock.

The orders in the book are traders putting their money where their mouth is, and as such is a great indicator of market sentiment. Open any economics text book and you are sure to find that the explanation for pricing comes down to supply and demand. If there is more demand than supply then prices will rise and if there are more Sellers than Buyers, then prices will fall.

This simple market model can't be seen simply by looking at Level 1 prices. You get no indication of what is going on beyond the moves of the Bid demand and Offer supply. In the old days of reading prices off ticker tape, speculators would try to divine the next price move from the sequence before.

Those were the days when there could be minutes between ticks though. This is as far from modern trading as the pony express is from email. Chartists nowadays can point at tick charts and try to understand and predict the movement of the markets.

The high cost of Level 2 data often keeps traders from buying this service, but it may be worth the price for experienced investors seeking helpful information. Level 2 stock quotes provide a deeper understanding of the company and share transactions.

For example, in addition to the price and quantity of individual shares bought and sold, you can find out if there is more selling vs. There is a lot of information subscribing to level 2 data that you can not see with basic level 1 market data quotes.

Scanz software is a powerful tool for investment analysis. Investors can access Real-Time Level 2 Quotes and market data on all stocks listed on the exchanges.

The tool provides insights into the price action and trade patterns, giving traders an edge in trading. Scanz is a powerful and easy-to-use software program that provides investors with free real-time Level 2 quotes. A 7-day trial offer of Scanz software will provide access to all program features and functionality.

Scanz Software is an advanced stock scanner that provides level 2 market maker data you may find helpful when you are trading. It is essential to have level 2 detailed data to view precisely trades made by other traders and Market Makers as you are trading. To learn more about Scanz Software and how it may benefit you with your trading, check out one of our other articles by clicking here. Shop for great deals on stock trading books, day trading books, option trading books and smartphone, household gadgets.

Level 2 Stock Charts - Features live up to the minute stock market charts and stock quotes. Also features live headline news for your stocks and the stock watch-list to keep track of your stock while your using the charting features like stock chart technical indicators, bollinger bands, momentum, MACD, moving averages, volume and more.

Many of today's stock market traders and investors have been using Level 2 stock charts to watch the stocks movement and price for many years with good results.

A stock market investor or day-trader who is tracking their stocks using candlestick stock charts can see and compare the open and close as well as the high and low of the trade and most likely determine the direction and price of the stock, either up or down.

Pre-market and after market charts. Most day traders and stock market technical analysis spot trends using candlestick charts. This gives you the best view of the stocks price movement and in what direction a stock is moving. Watch the volume of stock market orders coming in this is a good indicator. Candlestick chart Patterns - Many traders consider real time stock quotes and charts more complete, visually appealing and easier to interpret.

Each of the candlesticks provides a view into the stocks movement and price. The Asian and European markets can be used as a possible guide to get an idea of which direction the US market is likely to go in. If you are new to stock trading, start small, buy a shares depending on the price.