Level 1 is a data feed display used for stock trading that shows the national best bid and offer or the best bid-offer volume quotes in real-time (NBBO). Although active traders prefer to use more detailed and higher-level quotations, such as order book and market depth information, level 1 quotes provide basic information that, for the most part, is sufficient for most investors. There are three levels of quotes in the American stock market: Level 1, Level 2, and Level 3. An investor can examine these quotes to understand where the market is consolidating as well as how a particular stock is performing over time.
As we all know, 2022 has been a painful year, and it continues to be so. What works during a bearish market are a few strategies: shorts, inverse ETFs, holding cash positions and day trading. Today we take a look at ATXI and see how we day traded it. Watch this video to get the technicals. Good trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is