How to Get Started in Electronic Day Trading - Softcover

Nassar,David

Softcover

ISBN 10: 0071380493 ISBN 13: 9780071380492

Publisher: McGraw-Hill, 2001

Synopsis

The national business bestseller

"Nassar has in mind sophisticated real-time data and computer programs that let ordinary investors see the same stock information pro traders see at the very same moment . . . a great introduction."­­Kiplinger's Personal Finance

"Reveals important tips and tactics for novices. . . . offers surprising and educational insights on how to 'buy and sell' on the same computer networks as brokers like Goldman Sachs."ABCnews.com

"This book takes you to the leading edge of today's electronic trading technology. Regardless of the prevailing market sentiment­­bull, bear, or sideways­­its techniques and strategies will help you take advantage of the profit opportunities that occur every trading day."­­Technical Analysis of Stocks and Commodities

About this title

Review

Only a small percentage of those who try day trading achieve success because most are undercapitalized, lack discipline, and have little idea how much knowledge and experience are required. For the determined newcomer, David S. Nassar's How to Get Started in Electronic Day Trading Home Study Course is a comprehensive immersion that includes a well-written workbook, 10 hours' worth of audiocassettes, and a CD-ROM. Nassar, author of the book How to Get Started in Electronic Day Trading, is a trader who heads a brokerage firm offering electronic trading as well as training. He writes, "My task here is to teach you to play with fire without getting burned."

The workbook presents an overview of the markets and introductions to electronic direct-access trading (EDAT), indexes and indicators, and technical analysis. Also included are detailed explanations on how to pick tradable stocks (are you a specialist, scalper, or shepherd?); trade the news (earnings, splits, economic announcements); and profit from going short ("trading the bear inside you"). The chapters on market psychology and money and mind management are particularly astute ("The Emotional Bank Account Is Funded by Attitude"), and all are cross-referenced and reinforced in the corresponding audio tapes. The CD-ROM includes effective audio-visual presentations on the components of an EDAT trading platform, the analytical tools, trading mechanics and execution methods--most illuminating are the trades the author navigates, tick by tick, on NASDAQ level two.

In all, Nassar has done an admirable job of creating a thorough introductory training course, and his enthusiasm and passion for markets and trading are infectious. Those serious about learning to trade successfully will find this an effective--and hopefully profitable--introduction. --Scott Harrison

From the Back Cover

The Best-selling How-To Manual on Direct Access Trading­­Now In Paperback!

How to Get Started in Electronic Day Trading will show you how to cut out the middlemen and use your computer to trade directly with exchange specialists and NASDAQ market makers. From hardware and software recommendations through sample trading plans and strategies, this step-by-step guidebook is famous for helping thousands of independent investors harness state-of-the-art electronic trading programs and technologies­­and grab every opportunity in today's fast-moving markets!

Praise for How to Get Started in Electronic Day Trading:

"Nassar has in mind sophisticated real-time data and computer programs that let ordinary investors see the same stock information pro traders see at the very same moment . . . This book is a great introduction."­­Kiplinger's Personal Finance

"How to Get Started in Electronic Day Trading reveals important tips and tactics for novices [and] offers surprising and educational insights on how to 'buy and sell' on the same computer networks as brokers like Goldman Sachs."­­ABCnews.com

"This book takes you to the leading edge of today's electronic trading technology. Regardless of the prevailing market sentiment­­bull, bear or sideways­­its techniques and strategies will help you take advantage of the profit opportunities that occur every trading day."­­Technical Analysis of Stocks and Commodities

Edition details

• Publisher: McGraw-Hill
• Publication date: 2001
• ISBN 10: 0071380493
• ISBN 13: 9780071380492
• Binding: Paperback
• Language: English
• Edition number: 1
• Number of pages: 243