Strategies for the On-Line Day Trader : Advanced Trading Techniques for On-Line Profits

by Gonzalez, Ferfnando

• ISBN13: 9780071351539
• ISBN10: 0071351531
• Edition: 1st
• Format: Hardcover
• Copyright: 1999-07-01
• Publisher: McGraw-Hill

Summary

Strategies for the Online Day Trader is written for the current trader who is serious about raising his or her level of expertise and becoming a successful electronic day trader. This realistic look at the world of electronic day trading familiarizes you with the psychology and philosophy behind day trading--along with the obstacles and pitfalls that can plague unwary gunslingers. Book jacket.

Author Biography

Fernando Gonzalez has been a successful trader for more than 12 years. His highly successful month-long training seminars for Newport Exchange, Inc., have helped hundreds of traders learn the ropes and begin their own careers as online day traders. William Rhee is an experienced, independent trader who has been a profitable electronic trader for more than three years. He previously worked for Fuji Bank, trading foreign currencies, interest rate swaps, and currency arbitrage.

Table of Contents

Acknowledgments	ix	(2)
Introduction	xi
PART I: Trading Foundations	3	(58)
1. Market Basics	3	(8)
2. Risk Management, Psychology, and Discipline	11	(14)
3. Market Preparation	25	(26)
4. Forces That Move the Market	51	(10)
PART II: Building the Trade	61	(134)
5. Price Action and Momentum	61	(16)
6. Patterns, Trends, and Gaps	77	(24)
7. Efficient Order Execution	101	(16)
8. Trading Styles	117	(20)
9. Scalp Trade Examples	137	(20)
10. Swing Trade Examples	157	(14)
11. Core Trade Examples	171	(10)
12. Trading Notes	181	(14)
PART III: Appendices	195	(10)
Appendix A: NASDAQ 100 Stock List	195	(2)
Appendix B: Standard & Poor's 100 Stock List	197	(2)
Appendix C: Glossary of Day Trader Terms	199	(6)
Index	205