Electronic Day Trading to Win
Author: Bob Baird, Craig McBurney
List Price: $39.95
Our Price: Click to see the latest and low price
ISBN: 0471350729
Publisher: John Wiley & Sons (23 July, 1999)
Sales Rank: 30,140
Average Customer Rating: 4.21 out of 5
Customer Reviews
Rating: 2 out of 5
Background info on day trading and never takes off
This is a book written at a time when Nasdaq was very close to its pinnacle in 1999. Not from hindsight (of the index level today), but sheerly by content, the book is full of flaws in nearly every topic it covers, especially those on Technical Analysis. Facts, and pure facts were abundant. However, trading system, strategy and insight were in short supply. The authors might have been so optimisstic and carried away by the beautiful picture they painted about trading in Nasdaq that money management and discipline had rarely been mentioned, and the "real tactics for real profits anytime anywhere" on the front cover were by and large absent. p.s. This book contains the highest number of cartoon (eight) in those trading books I ever read. Sadly, most were drawn with one single theme, that "Day Trading would annihilate the brokers". That should have implied something about the direction and quality of the book, which I had mistakenly ignored.
Rating: 5 out of 5
A real eye-opener
Electronic Day Trading to Win is a not only a must-read for prospective day-traders, but for anyone dealing with equity investments. The authors reveal the evils carried out daily on the floors of the NYSE and AMEX, which was a real eye-opener for me. Day traders have been given a negative image by Wall Street and the media, and the authors of this book reveal the reasons why and go on to explain how intelligent, educated day trading can actually be LESS risky than position trading or buying mutual funds. Although I doubt most people have the discipline (or the cash) to become successful day-traders, the techniques and principles the authors promote can also be applied to any type of investing. If you have the requisite capital and the nerve, I believe you can make money using this book.
Rating: 5 out of 5
The Review
Electronic Day Trading To Win is a must read not only because it explains the necessary theories behing day trading, but it also shows you the road map to getting started in a very practical way. This book is both informative and enjoyable to read combining the most pertinent information with some profound and humurous commmentary. I give this book a strong buy recommendation!!! Similar Products
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