The Market Maker's Edge: A Wall Street Insider Reveals How to: Time Entry and Exit Points for Minimum Risk, Maximum Profit; Combine Fundamental and ... Trading Environment Every Day, Every Trade - Softcover

Lukeman, Josh

Softcover

ISBN 10: 0071412743 ISBN 13: 9780071412742

Publisher: McGraw Hill, 2003

Synopsis

"This book will let you see the little-known but effective trading tactics and methods of today's top market makers."--Technical Analysis of Stocks and Commodities

Active traders must get inside the head of the all-important market maker--"The Ax"--before they can begin to truly compete.

The Market Maker's Edge, written by longtime ax Josh Lukeman, is the first inside look at how axes think, what they look for, and, most important, how they can be beat.

About this title

From the Publisher:

Josh Lukeman is an active short-term trader at Morgan Stanley, where he also produces a daily technology sector bulletin for fellow traders.

From the Back Cover:

A Market Maker Reveals How He:

• Times Entry and Exit Points for Minimum Risk, Maximum Profit
• Combines Fundamental and Technical Analysis
• Controls His Environment Every Day, with Every Trade!

Hundreds of books, written from the buy-side viewpoint of the successful trader, promise day trading success. The Market Maker's Edge is the first book to turn the tables, working from the sell side to explain how the market maker routinely maintains the upper hand, seizing profits while controlling risk in today's volatile marketplace. Written by a Josh Lukeman--a Morgan Stanley Dean Witter market maker who has honed his skills for years--The Market Maker's Edge reveals:

• 4 signals for spotting--and profiting from--a developing trend
• Important risk control concepts every trader must know to protect against losses
• Advanced trading strategies based on recurring technical patterns

Today's top market makers operate in intensely competitive atmosphere, with millions of dollars at stake. The Market Maker's Edge is today's only trading book written from inside the market maker's domain. Use it to open the door, and shed light on the trading tactics used by Wall Street's most powerful market making institutions.

About this edition

• Publisher: McGraw Hill
• Publication date: 2003
• ISBN 10: 0071412743
• ISBN 13: 9780071412742
• Binding: Paperback
• Edition number: 1
• Number of pages: 224