How do US Stock Traders trade?

Here are the key highlights from the video. For more knowledge and operational guidance, please study the video in detail!

Trading options involves three main steps: first select the underlying stock, choose the options, and then proceed with the trade.

What is real-time Level 2 streaming quotes?

A tool that allows you to see all the details of pending orders for stocks, including the quantity, price, buyer and seller, and even automatically statistics the distribution of orders at each price level.

It contains a lot of information, and during trading hours, this information is constantly fluctuating.

Basic usage of Level2 at 02:26

In actual combat, how to effectively use the Level 2 streaming quote tool?

For most ordinary investors, referring to Level 2 order book when placing orders helps improve order execution rate.

Advanced usage of Level2 at 03:15

Level2 is still a tool to assist in identifying short-term stock price trends. Sounds profound? In fact, the principle is very simple. The key is to identify the relatively larger orders in the order flow.

However, it is also necessary to note that the orders displayed in Level 2 quotes are all unexecuted, meaning that these orders can be canceled at any time.

Techniques for quickly analyzing Level2 quotes in actual combat at 04:12

Below the depth chart, we can see a chart of the distribution of long and short positions. This chart is also real-time and dynamic.

It can help us quickly determine the strength contrast of market long and short forces, and make the short-term support and resistance areas more clear at a glance.

Finally, I would also like to remind everyone that if you do not understand Cantonese, you can click the settings button in the lower right corner after playing the video in full screen, choose subtitle translation, and switch to simplified Chinese subtitles for better understanding~