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The Electronic Day Trader: Successful Strategies for On-line Trading Review

The Electronic Day Trader: Successful Strategies for On-line Trading Overview

In 1998, McGraw-Hill’s The Electronic Day Trader became a worldwide phenomenon—and spent months on the Wall Street Journal, BusinessWeek, and New York Times bestseller lists. Now, this new paperback edition revisits the hardcover edition’s electronic day trading techniques and mechanics, and adds a new introduction discussing today’s evolving electronic day trading environment.

The Electronic Day Trader continues to give the reader a firsthand, no-holds-barred introduction to the world of electronic trading. The authors—accomplished veterans in this hot field—share trading philosophies and strategies that include:
• Workings of the various electronic order entry systems
• Effective trading techniques based on technical analysis
• All-important psychological aspects of day trading

Marc Friedfertig and George West (New York, NY) wrote Electronic Day Traders’ Secrets, and offer seminars on electronic day trading. Friedfertig is a registered principal for Broadway Trading. He formerly traded index futures with the New York Futures Exchange. West is the president of Broadway Consulting Group.

The Electronic Day Trader: Successful Strategies for On-line Trading Specifications

Most of us have been conditioned to approach the stock market as a long-term proposition. Many of the bestselling investment books coach readers to seek value in the best companies for long periods of time. Day trading, a recent phenomenon brought on by the reform of the financial markets and by the growth of online trading, goes in just the opposite direction. Instead of buying and holding stocks for years, successful day traders make money by dipping in and out of the market in a matter of minutes, finding profit in the tiny fractions between the bid and asking price of a stock or by catching the ups and downs of stock prices, which are driven by everything including the latest news from CNBC or speculation on what Alan Greenspan ate for breakfast.

In The Electronic Day Trader, authors Marc Friedfertig and George West explain the rationale behind day trading and offer strategies that can help you become successful at this fast game of speculation and timing. The authors write, "Day trading appears so deceptively easy, yet in reality it is a never-ending challenge. It is a game, an opportunity to match wits against the majority and thereby prosper. Day trading the stock market is the ultimate opportunity to speculate and the ultimate game."

The book goes into great detail about how the various stock exchanges work and shows how to get direct access to the NASDAQ through various electronic trading systems. If you're looking for an investment book that will help you build a retirement portfolio, look elsewhere. But if the daily fluctuations in the price of a stock make your heart beat faster and if you're seriously interested in honing your skill as day trader or want to become one, The Electronic Day Trader is definitely worth a look. --Harry C. Edwards

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Related Products

• A Beginner's Guide to Day Trading Online (2nd edition)
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• Electronic Day Traders' Secrets: Learn From the Best of the Best DayTraders
• Day Trading For Dummies
• The Ultimate Day Trader: How to Achieve Consistent Day Trading Profits in Stocks, Forex, and Commodities

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Guide In Using Electronic Book Reader

Wireless reading devices are no longer new these days. A lot of them are already out in the market for every person to pick from. However, picking-up the best kind requires much facts from the best eBook Reader Comparison. Basically, this facts contains the list of all products, their features, capabilities, and costs. Hence, it enables you to settle which one to purchase, depending on your needs.

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Bookstore

Checking the features beforehand is leading in order to avoid paying for the wrong device. Make sure that the one you pick is capable of reading the type of format that you need for your reading. Otherwise, it will be useless and in vain. Among the many choices out there, Amazon's Kindle is the newest talk of the town nowadays. That is because it guarantees to make one's reading feel more exciting, convenient, and fun.

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Certainly, the Kindle Electronic Book Reader is a must-have for those who love to read or scan newspapers and magazines. It revolutionizes reading as much as computers revolutionize our lives. Now, say goodbye to those old paper books and welcome all of these astounding new advances in the world of reading.

Guide In Using Electronic Book Reader