[Soultrader]

How is your current trainer helping you out? Does he stand by you when you trade? Is he teaching you any trading techniques?

My advice for you is to not get absorbed too much with Level 2. Once you are certain of your entry point, you can narrow it down to Level 2. Other than that, it should be your last resort.

What you need to do is study different methodologies and strategies and find something that fits your personality. Are you familiar with pivots, fibs, market profile, market internals, etc..? Try to expand your mind to the different techniques available to trade the markets. Pick one and work on it. Forget indicators. They are useless.

My methodology is based on pure price action using market profile and pivots. I use market internals as well to gauge market strength or weakness. This method may fit you or may not. This is up to you to decide.

I know of traders who trade price action based on moving average clusters and fibonacci clusters. Traders have their own preference of style but all successful traders have found a style that they feel comfortable with. They have picked one style, worked on it, and have become experts at it. Tape reading is an excellent skill to have but unless you are a pure scalper you need to learn other methods. Combine tape reading with different strategies and you will have an tremendous edge over other traders.

Do you know what kind of trader you are? Are you aware of your style of trading?