The Stock Trader: How I Make a Living Trading Stocks - Hardcover

Oz, Tony

Hardcover

ISBN 10: 0967943507 ISBN 13: 9780967943503

Publisher: Goldman Brown Business Media, 2000

Synopsis

"Put your money where your mouth is," came the challenge. So he did. Best selling author, Tony Oz, was challenged by Tim Bourquin and Jim Sugarman, founders of the International Online Trading Expo, to prove that his stock trading strategies work, that he could consistently take higher-than-average returns out of the market. To meet the challenge, Tony kept a trading diary for four weeks, documenting each and every trade he made. The simple story that unfolded turned out to be of much greater consequence than anyone could have foreseen, as Tony chronicled a first-hand description of one of the worst stock market crashes in recent memory. Tony was already into his four-week trading challenge at the peak of the Nasdaq market, just before the Crash of April 2000. Having no idea at the time that he was in the middle of a “correction” that would wipe out over two trillion dollars of stockholder’s equity, Tony managed to earn respectable profits each week, and had only a few losing days. What is truly extraordinary is that all trades were on the Long side – not one trade was selling Short in a rapidly declining bear market. The results of the challenge are detailed in this exciting new book. Inside, Tony tells how he chose a broker, set up an account, and then drew a handsome income from the stock market each week, earning a 56% return on his capital in one month – more than most investors earn in a year. Over 100 round trip trades are recorded, charted and explained in a daily trading journal. Tony reveals what he was thinking and feeling, and he explains each trade’s strategy, and his profits and losses - all the while walking the reader through his simple methodology and simple rules. At the end of each week, he ordered a check from his broker to “sweep” his account, and prevent compounding of profits. “After all,” Tony explains in the book, “Friday is payday."

About this title

From the Publisher

Electronic stock trading has become one of the most lucrative and accessible professions in today's computerized world. Stock trading is the career of a new generation, and stock traders who enjoy complete control over their own income, working conditions, and careers are today's upcoming entrepreneurs. When you add up fast executions, electronic access to information, and a state-of-the-art computer systems, it is easy to understand the gold-rush of the 21st century. The question is can anyone do it, or is stock trading just another form of gambling, a sure way for the unlucky to get to the poor house? In the book, "The Stock Trader," author, Tony Oz, answers this question. He shows the readers how a professional stock trader makes his living during a 31% market crash. Mr. Oz is providing the readers with the picks and shovels, so they, too, can find the gold they are searching for. If you think stock trading is gambling, this book ought to change your mind! for good!

From the Inside Flap

From the back cover:

The Challenge: "Mr. Oz, this is what you have to do. Start from scratch, select a broker, open an account, trade for the next four weeks obeying all money management and risk management rules outlined in this book, and show us, all your executed trades - winners and losers."

The Result: A ground-breaking book showing how a professional trader makes his living during the biggest crash of the last decade. This is an amazing opportunity to spend four weeks with Tony Oz and learn how he trades stocks for a living. If you think daytrading is gambling, this book will change your mind forever! If you ever wanted to look over the shoulder of a master trader, this is your chance.

Edition details

• Publisher: Goldman Brown Business Media
• Publication date: 2000
• ISBN 10: 0967943507
• ISBN 13: 9780967943503
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 279