"Level 2 and Direct Market Access", just one more in a long line of fads or a market edge that you should not be without. This new book from Harriman House will answer this and a whole host of other questions about this rapidly developing and heavily promoted service. First of all, the book seeks to answer the question, 'what exactly is level 2'? By taking you step by step through the origins of the service and how to make sense of the several different screens involved you will have a very clear idea about what it can (and cannot) do. You will also start to get a feel as to how it may fit with your trading and investment strategies. Having clearly explained the nuts and bolts of the service the book then moves on to explore how you can actually use it and the kind of added value it will bring you. In very clear and non-marketing terms, the features and benefits are explored so that you are in no doubt about what you will be getting for your money and which bits are useful and which can be safely ignored. The increasingly publicised 'Direct Market Access' approach is also examined to discover if it can offer true trading benefits.
Herein lies one of the strengths of the book, the author tells it like it is and leaves you to make your own mind up once in possession of the facts. Having shown you what it is all about the book then moves on to look at how you can actually get hold of Level 2 and explores some of the popular Level 2 trading strategies. This is the first book written that covers this often confusing subject extensively and concisely in a user friendly and easily understood style. If you are a serious investor or trader and want to find out more about the mysteries of Level 2 and DMA, it is a must read.