How to Get Started in Electronic Day Trading : Everything You Need to Know to Play Wall Street's Hottest Game

by Nassar, David S.

• ISBN13: 9780071345668
• ISBN10: 0071345663
• eBook ISBN(s): 9780071368643
• Format: Hardcover
• Copyright: 1998-11-30
• Publisher: MCG
• More Book Details
• Purchase Benefits

Summary

Everything you need to know to play Wall Street's hottest game! Electronic day trading is taking the investment world by storm. While tens of thousands of trades are already glued to their computer screens, hundreds of thousands are eager to get into the game. How to Get Started in Electronic Day Trading covers everything needed to get started in this exciting, fast-paced new area of stock trading. An overall introduction to electronic trading. The differences among SOES, Island, SuperDOT, and other electronic trading systems. The computer equipment (hardware and software). Basic trading strategies. Psychology and money management for the electronic trader.

Author Biography

David S. Nassar is president and CEO of Market Wise Trading, Inc., which specializes in providing Electronic Direct Access Trading for investors and traders on-line, via the Internet, and through the firmÕs branch office system. His Market Wise Stock Trading School teaches students from around the world how to trade electronically, on the NYSE and NASDAQ, using state-of-the-art technologies and strategies. A popular speaker and broadcast commentator, Nassar is also a registered financial planner with more than a decade of securities and trading experience.

Table of Contents

The Major Exchanges and Their Electronic Trading Systems.

Tradding Rules Becomes Laws for True E-DAT Traders.

Navigational Aids for Trading in the Virtual Stock Market.

Understanding Technical Analysis Keeps You Flying High.

Thinking Like and Trading with NASDAQ Market Makers.

Defining Your E-DAT Trading Style.

Trading Strategies and Lighting-Up Your Weapons Systems.

The Fine Art of Dogfighting.

More Reliable Trading Strategies for E-DAT Trading.

Simulated Trading Before You Solo Trade.

Opening an Electronic Direct Access Trading Account.

Taking Off Into the Virtual Universe of Electronic Trading.

Afterword: The Future of Electronic Direct Access Trading.

Appendices: 1: Know the Market Makers and Their Symbols.

2: Glossary of Electronic Direct Access Trading and Wall Street Terms.

3: Market Indicators, Useful Web Sites, Exchanges, and Books.

4: E-DAT Trading Software and Price Quotation Vendors.

5: The NASDAQ 100-A Target of Opportunity.