The New Electronic Traders is packed with valuable insights for beginning electronic traders. Superstars of this hot field talk openly about how they learned the basics of electronic trading, acquired the necessary discipline to become full-time day traders, carved out their own trading styles, overcame common mistakes, and more.Written in an entertaining, non-technical style -- and focusing on the hands-on information so valuable to new traders -- this fast-moving book shows traders what to expect when they make the jump from online investing to the faster pace of direct access trading. It provides more hands-on information to help readers make better trading decisions. Topics covered include: -- The importance of a trading mentor-- Strategies to leverage your assets-- Alternative trading methods and techniques
"synopsis" may belong to another edition of this title.
There are so many myths and misconceptions about day trading that it's no surprise that it has a bad name. In The New Electronic Traders, financial columnist Jonathan R. Aspatore interviews over a dozen very successful traders who cast new light on an industry gaining respectability and a new name: electronic direct access trading. The traders tell how they have mastered the markets, what it takes to get started, and how to avoid common mistakes. They describe how to research trades, control risk, and develop your own trading style. To a man, they say mastering your emotional responses and the development of discipline are essential keys to success. As one trader puts it, "Not having discipline is a recipe for absolute disaster. That is why you hear about so many day traders who lose their shirts." As each of the traders makes clear, in trading it's hard to do the right thing and easy to do the wrong thing, and there are so many more wrong things to do and so many things that can just go wrong.
The book clarifies the significant differences between online investing through a broker and trading with direct access to the markets. It provides insight into the evolution of electronic trading over the last decade, and gives a glimpse into the future of a hypergrowth industry still in its infancy. The traders' experiences and advice, strategies, shortcuts, and tips included here are invaluable to anyone who seeks to profit in today's markets, whatever the time horizon. --Scott HarrisonFrom the Back Cover:
Insights and trading tips from today's hottest electronic traders. The New Electronic Traders is unlike any electronic trading, day trading, or online investing book you've ever read. It explores the revolutionary new way to trade directly--and eliminate the middleman--through candid interviews with some of the msot successful electronic traders in the world.
These leaders of the electronic trading industry bring the fast-moving, high-profit world of electronic trading industry bring the fast-moving, high-profit world of electronic trading into focus and keep things simple as they get right to the heart of the most important questions facing electronic traders at all levels: what is your trading strategy? how do you control risk? how do you research your trades? how can electronic traders compete against seasoned pros? where is electronic trading heading? what is the most valuable advice you ever received? how do you maintain your edge in the markets? The New Electronic
Traders tells you in the words of some of today's most successful electronic traders--including Omar Amanat.chairman, CEO, and president of Tradescape.com; top traders David Lu and Sohail Khalid; and other E-DAT pioneers--how to dramatically increase your changes of success. No matter what your level of electronic trading--from the occasional trade in your online brokerage account to 100 or more trades a day through a Nasdaq Level II terminal--you'll get immediate tips that will greatly increase your skills as they increase your chances at locking in amazing returns.
"About this title" may belong to another edition of this title.
Book Description Book Condition: Brand New. Book Condition: Brand New. Bookseller Inventory # 97800713577221.0
Book Description McGraw-Hill Trade, 1999. Hardcover. Book Condition: New. Bookseller Inventory # DADAX0071357726
Book Description The McGraw-Hill Company. Book Condition: New. pp. 196. Bookseller Inventory # 5774405