Level 2 & Direct Market Access (Dma) Investing/Trading 2024

Are you a retail investor looking to understand advanced trading using the Level 2 order book & Direct Market Access?

What you'll learn

What Level 2 is and how it works

How to read the Level 2 order book

What Market Makers do and how they operate

How to get a better buy or sell price for your shares

How to trade in the opening, closing and intraday auctions

How to use Direct Market Access to trade on the Level 2 order book

Requirements

Bought or sold shares in a publicly listed company before. Either in an ISA, SIPP or Stocks & Shares account

Description

If you’re looking for a step-by-step walk through guide on what Level 2 and Direct Market Access (DMA) is and how it works then this course is for you.If you’re a stock picking retail investor, then not using Level 2 is a little bit like driving without being able to see where you’re going.Level 2 can be a critical part of your research, what’s more it is an invaluable tool to help you know when is the right time to either buy or sell.I have put together over 3 hours of Level 2 material for you in this course, with live trading examples showing you how to get a better buy and sell price in the market.I’ll take you through:How to perform a sell orderHow to perform a buy orderThe absolute basics of Level 2How to read the order book dataHow to use Direct Market AccessHow to identify bullish and bearish signsWhat Market Makers are and what their role is in relation to you as a retail investorBy the end of the course, you’ll be really comfortable to start using Level 2 and Direct Market Access yourselfSo, if you already have access to Level 2 data and you’re looking for a guide on how to best use it then these topics will be invaluableOr if you’re considering subscribing to Level 2 data to enhance your trading but you’re not sure if it’s going to be for you, then going through this course will be a very cost effective way to see it live and see if you think it will work for you before you buy a subscription.The course is designed so that you can start from the beginning and go all the way through it in a logical format, with each lesson following on from the last. Or, depending on your level of knowledge you may want to skip around and focus on certain topics and that’s perfectly okay too. Whatever works best for you.And where applicable all of my narration is from the live markets, so this is a course that shows hands-on trading. Not boring classroom theory.This is an in-depth educational course teaching you how to use Level 2 and Direct Market Access primarily for UK stocks and shares. We won’t be covering indices, forex or crypto in this course. If you’re a US investor, and you’re looking to see how the mechanics of Level 2 work, then you’ll definitely find the content of this course useful. But because it’s aimed primarily at UK stocks and shares, there will no doubt be some differences in regards to specifics, like investing account types etc.So, why not jump straight into the course now? I've uploaded the first part for free so you can start to learn about Level 2 straight away.

Overview

Section 1: Getting ready

Lecture 1 Introduction

Lecture 2 Required set-up

Section 2: Foundations of Level 2

Lecture 3 The basics of Level 2 (Part 1)

Lecture 4 The basics of Level 2 (Part 2)

Lecture 5 Beyonds the basics of Level 2

Section 3: Live Trading with Level 2 and DMA

Lecture 6 Your first buy order

Lecture 7 Your first sell order

Lecture 8 The trading day

Section 4: Auctions & Market Makers

Lecture 9 Understanding auctions

Lecture 10 A deep-dive into Market Makers

Section 5: Market Signals

Lecture 11 Bullish and bearish signs

Section 6: Exiting a trade

Lecture 12 Stop losses and taking profits

Section 7: Wrapping up

Lecture 13 Spread Betting

Lecture 14 Accessing Level 2

Lecture 15 Where next?

Investors looking to learn about trading with Level 2 and Direct Market Access