I thought it'd be wise to re-visit an often overlooked and maligned trading tool, the Level II screen.

As fraught with deception as many claim it to be, it is still, for all intents and purposes, along with Time and Sales prints, the only real-time indicator traders and investors have. Like any tool, in the wrong hands with the wrong understanding of its real use, it can set you up for failure.

When it comes to the level 2 there is a lot more to it than the BID and the ASK!

It's a wealth of information to the trained eye and I will make sure that by the time you finish this section you will be ready to use this most important trading tool.

So let's start by diving right into the level 2 it self in the chapter entitled: Reading the level II