For in-depth information about to use Level 2 effectively in trading refer to the Fous4 Pro or Academy Training. A basic description is found in our Trading Terminology Article.  


Using Level 2 in FOUSim


In FOUSim to open a Level 2 screen select the shortcut icon from the quick launch bar: 



or, by clicking the "Main" tab in the upper left and selecting Level 2


When the Level 2 window opens, the symbol entry is in the upper left hand corner (i.e AAPL)

Level 2 Sub-menu


Right-clicking the Level 2 window provides access to the following items:


  1.  Fonts and Colors - Change the font size and colors
  2.  Setup Display Preferences – This allows user to control the view of the window. Time Sales, Order Entry, and Level 1 Quote:
    • Display MMakers size in blocks of 100 shares. Display Trades size in blocks of 100 shares
    • Change the decimal places. Any data that is truncated will be rounded
    • Filter trades by size in the Time Sales panel
    • Display MMaker Chart - This is a feature that graphically represents the share size aggregated at each price level  
  3. Reset Defaults – Brings all windows setting back to the default
  4. Linked to Group – This will allow the window to be linked to a window link group
  5. Erase MMQuote – This will allow trader to remove a stuck market maker
  6. Trade Default – Trading defaults can be setup here