Cornix
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This argument of the charts vs the DOM/tape doesn't make any sense...Don't you realize the chart is the DOM after the fact? I have charts up but only to see the levels. In fact, you can see the levels that are significant in the DOM like swing highs and lows before they trade, since they're always stacked with limit orders. Do any big traders trade solely with charts? Yes. Do any big time scalpers trade solely with charts? No. Why would you put yourself at such a massive disadvantage? You are only seeing 1/10th of the info. If you think the DOM is all spoofed and random you haven't spent enough time watching it. Just try scalping any volatile market without the DOM and tape...you are gonna get run over.
Well, for me charts showing what already happened is rather advantage, that's why charts and not DOM.
I want to trade, based on what really happened, not based on just some orders placed.
Maybe that's because I am more day trader than pure scalper looking for a couple of ticks every time.