The Compleat Day Trader: Trading Systems, Strategies, Timing Indicators and Analytical Methods
Author: Jake Bernstein
List Price: $39.95
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ISBN: 0070092516
Publisher: McGraw-Hill Trade (01 May, 1995)
Sales Rank: 6,443
Average Customer Rating: 3.29 out of 5
Customer Reviews
Rating: 5 out of 5
An excellent compendium of concepts and ideas.
In "The Compleat Day Trader" Jake Bernstein has successfully presented the reader with the full gamete of information necessary for success in any day trading endeavor. The experienced or beginner trader will each benefit from the comprehensive coverage which takes the reader on a detailed journey from what to consider when starting out, through a thorough presentation of technical analysis to building a personal strategy. This book is filled with easy to understand examples as well as the author's own interpretation, commentary and recommendations based on his extensive trading and research experience. The psychology of day trading which is often not adequately covered in other books is presented along with numerous tips and basic rules for success in a manner that binds the psychological aspects with actual trading system methodology. This book will help provide the edge that is necessary in the increasingly volatile and competitive markets of today. This powerful book should not be absent from any day traders collection.
Rating: 5 out of 5
An excellent and easy to read book from a great author
This book provides excellent trading tools that work equally well for both the futures and equities markets. Jake's methods give clear entry and exit signals, significantly reducing the risk from day trading. There are also plenty of examples and charts in the book to make sure that you fully understand what Jake is taking about.
Additionally, Jake is realistic about day rading and about the attitudes and psychology of day trading. He not only provides excellent information with clear examples and charts of various trading methods, but he also lists rules that help traders avoid mistakes, learn from those that do occur, and generally trade much more effectively.
Lastly, Jake is very willing to help readers. He says at the end of his preface to call on him if he can be of any assistance, and he is not just saying this. I had a question because the trading program I use showed some charts differently than the examples in the book, and I e-mailed Jake asking him how I should modify the charts, and he quickly replied to my questions and helped me solve the problem.
A great resource for day traders...should be required reading.
Rating: 1 out of 5
A COMPLETE WASTE
Take my word for it and save your money, the techniques in this book simply do not work! Similar Products
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Book Index