Member Info for JohnLiquid

I'm not sure what it will do, but I definitely do not get in this morning as buy the time I could manage to do a quote and buy, the price was already to high and I didn't like it due to the fact that the price has already increased quite a bit. In other words, I thought it would not be so good for day trading as if it does go up still and above 100p, then it could go up slowly now rather than as fast as what it has previously been going up with the 10% - 20% at a time. If it falls back a good bit, then I am looking to get in again.

Good luck and hope you find it useful and sorry I do not have enough time at hand.

I'm not sure and can't be bothered to log back into my level 2 data as it takes quite a bit of time to get it going. Anyway, I don't take much notice of any orders in the orderbook when the markets are closed. I only take notice of them during trading hours. Level2 data is not solid and will not tell you what will happen, but it helps you make better choices and gives you a better understanding what may happen. Unfortunately I can't teach you how it all works as I'm very busy with day trading during the day and running my internet business during the close of trading. I work from morning to night at the moment. lol. I have been using level 2 for around 1 month now and have only got more use to how it all works. I'm still learning more every day on what to look for in the level2 data. Some tips would be to read up on how to use level 2 data. Here is a link to an article on level 2: http://www.trade2win.com/knowledge/equities/articles/general_articles/introduction-to-level-2/

I pay for real time level 2 stock market data. That's where I see it. I would be lost without it when doing day trading. About this tomorrow, I don't know what it will hit, all I know it could be a day of it being down or it could go over 100p. The orderbook was quite good today and the buys coming in, but that was today and tomorrow is another day which it could all change. I will be watching this stock tomorrow and the orderbook, plus the first few trades to see whether it's worth another punt for the day or not. The only doubts that I have now is it's already gone up over 10% for 2 days in a row, which is rather big and some people may start taking profits. But then again, it had fallen just over 50% the around 3 days ago, which is also a larger fall. So it may go up further, but that's just me guessing from using nothing really. I don't know what I will be doing with this stock until tomorrow.

The orderbook was looking quite strong for most of the day, so I think it may still have further to go. I will only know in the morning as the orderbook can change dramatically from day to day.

I now have this on my watch list to keep watching it during tomorrow. As for Debs, it went up rather quickerly yesturday with over 14% I think or was that the day before. So I'm a little worried about getting in there as that was on take over rumors, but because of the large buy, I will take a look at it tomorrow.

I got out as it started looking not quite so good and 10 min's after the orderbook looked great again. I should have got back in during the fall or not got out at all. That's the problem with day trading some stocks is that when it falls a few percent you are ready to bail out just incase you loose all your gains and it turns into a loss. It's a little different with keeping hold of the shares for a few days. I unfortunately needed the money, so I couldn't hold, but I wish I had been able to stay in from the start as I would have had some great profits now instead of the ones I got from day trading.

Gutted that I could have got out with a bid of 89p quite easily. That would have given me a good increase in profits. Nevermind. The order book still seems quite good for this stock, but not sure if it will go further and if so, how much.

Glad I got in now with 2 lots of money. It's now gone up again. It's just over 11% gain. Spread is 4p now. Bid 85p, Ask 89p. Live prices. Hopefully the Ask will stay the same or improve and if the Ask doesn't improve, then hopefully the bid will improve to lower the spread.

Well I managed to get in this morning at 80.9p and 81.9p. Gutted I didn't get it all in one order. I probably could, but I didn't want to jump in with to much straight away. Anyway the current price has moved up and I'm in a nice little profit so far. Bid 83p, Ask 86.5p Hopefully this will go up further today, but the spread is rather huge now. 3.5p

I looked into spreadbetting and didn't really like the sound that they use the future market prices and not the real market prices making it an artificial market. I don't know if all the spreadbetters do it this way or not. I looked at it because you could also trade on the share price falls and it seems to be easier to predict a falling share price rather than a rising one.

I also use Barclays Stockbrokers and can trade in real time without any waiting around. I've never had one issue yet with this stockbroker. Level 2 data is also nice especially as you can get it free if you trade a lot. Prices with this stockbroker are also cheaper than a lot of other brokers. This share may fall back now and again and then rise up. The market is so uncertain these days that I would not like to guess what it may do, but prefer to day trade in stocks like this instead. Just think if I got in near it's low today which I would have if BT didn't mess me around saying they will be up to work on my phone line. If I got in early I would have had just over 16% gain on my day's investment. Wonder what tomorrow will bring with this share. Hope it's another day of gains, but no telling as it's had a day of gains already and it was only yesterday it put out a profits warning, which isn't good.

Now how I think the "deal at best" thing works is that if you wanted 250 shares, then you will have them at 66.5p. But if you wanted 15000 shares then your order will be fulled straight away where you would end up having 250 shares at 66.5p, 250 shares at 66.75p, 1000 shares at 67p and the rest of your order will be fulled at 68p. I could be wrong, but that's how I believe it works. I have only dealt once using it so I could be wrong. All I know it may even miss out everyone and you could just have the shares from the 20,000 which is at 68p for the lot. Using the "At best" may be good to use sometimes if you think a stock will go very high quickly and you need to really get in, but I personally prefer to use the "limit buy" order or just do a straight "quote and deal". If I knew a price was going up quick and I wanted to get in then with a "limit buy" order I would always set it slightly higher than the asking price anyway just so it gives me some advantage and the broker will then hopefully full that order in time for me.

I use barclays. I've learned that it's not a good idea to use the deal at best feature. I used it once and now think it does something that makes me never want to use it again. This is how I think it works. I could be wrong, but I seen some ordinary shares (there the trades that show as "O") in the trades volume area, The current aksing price is say 66.5p and sometimes you get small trades going through at 66.5p which are O's and then sometimes you may get a larger O trade going through that may be slightly worse than the asking price which is 68p. Now why would you want to spend that if you could have got them shares for 66.5p. I think these trades may have been done with the "deal at best". Now heres the order book. __________ Number of shares - Price 250 - 66.5p 250 - 66.75p 1000 - 67p 20000 - 68p __________

I never deal before the market opens. I always get the real prices. If you are not using level 2, then the prices that you will see on here or most other sites are always normally 15 min's delayed. That's why I use level 2 is because it gives real prices, you can see the orderbook and it makes your day trading live much easier. I can see CCT going up a little overtime, but I will definitely not be putting an order in now, I prefer to put the order in on the day of trading so that I can always try and get the days low. This stock could go up tomorrow, or it could have a drop like today and then go up, or it could just be a day where it goes down continuously. I will decide what to do tomorrow.

Buying your bargains in the morning was the worst thing you could have done. Although they may have looked like bargains, they are much more bargains now and may become even better again tomorrow if the FTSE100 drops again.

You lot have had some nice rises in this over the week. About time it went north instead of south. Hope it continues.

It's nearly moved £1 in a day. Never seen this share move as much as this, but then I have never kepted much of an eye on it before.

What a great start to the day for AL. Shareholders. Wish I had some of these now.

Wish I done that. Unfortunately I went for NRK and it ended up being flat all day.