Hey there Mr. Suspended Animation.
Try contacting Danill, he has done research and written software that will likely answer your question. You guys will hit it off real nice like.
As for me, yah I use level II. I use it to see exactly when I have given away my position to those rat bastards with the fat bank roll. My 2 lots go on and you can almost hear peoples surrounding orders being pulled, a slight breeze actually blows my bangs from under my keyboard. They then know the n00b has entered the game and best not be like th newb.
So now instead of letting my limit order sit there for all to see, i slip it in real quick when the bid hits my price. Sell limit right there baby. Like 007.
Another way I use it, as an example, if i want to go short, and I see tons of bid on levelII I will take that into consideration.
Just keep it open when you trade and you should slowly figure it out.
I swear they're out to get my 2 lots.
Kurt Kobain wrote:Just because you're paranoid, don't mean they're not after you.