Dan explains the benefits of monitoring the bid and ask for a ticker, commonly referred to as 'Level 2', which may be displayed in your trading platform or broker in the form of a table, market depth chart, or both. By doing so, traders can gauge liquidity, identify 'walls' of buyers and sellers, and observe their influence on price action.
Dan explains the benefits of monitoring the bid and ask for a ticker, commonly referred to as 'Level 2', which may be displayed in your trading platform or broker in the form of a table, market depth chart, or both. By doing so, traders can gauge liquidity, identify 'walls' of buyers and sellers, and observe their influence on price action.
