Electronic Day Trading Made Easy, Revised and Expanded 2nd Edition: Become a Successful Trader

by Misha T. Sarkovich

Book Overview

Stock market fluctuations create increased trading opportunities-but also risks. Savvy day traders know that the keys to success in an up or down market are understanding and anticipating market movements while applying the right strategies at the right time. This revised and expanded edition of the classicElectronic Day Trading Made Easygives you the most current trading information to stay ahead of your competitors and the markets. Trading expertDr...

• Format: Hardcover
• Language: English
• ISBN: 0761530983
• ISBN13: 9780761530985
• Release Date: February 2001
• Publisher: Prima Lifestyles
• Length: 407 Pages
• Weight: 2.10 lbs.
• Dimensions: 1.1" x 7.7" x 9.4"

Customer Reviews

ZZZZ Best book on day trading

I wish I had this book when I started day trading. It would have saved me a lot of money, eliminated a lot of trading mistakes and strees and pushed me up the learning curve much faster. Everything was here in the book: from A to Z, from the Level I and II information to technical analysis indicators, from the day trading strategies to tax issues. This is by far the most complete guide to day trading that I have read so far, I have read most of them.The trading information was presented in easy to understand language, and most significantly, it was well written so it was pleasure to read. The author defined and explained all of the day trading terms and concepts so there are no gaps in the material. The book was logically organized, so the information was easy to follow from chapter to chapter. All illustrations and particularly the technical analysis charts were professionally done and easy to understand. Finaly, what I like about this book is the author's honesty. The author disclosed all of the risk of day trading up front. This book is not a promotional piece. (I really liked the risk management chapter.) The author made it clear that day trading is a risky business that requires a lot of knowledge. Consequently, this book is a step in the right direction. It will help readers to acquire that knowledge.

The best introductory guide on day trading

I have read several books on this topic and this book is by far the most complete guide and reference book on day trading. Everything is there: from Level I and II screens, technical analysis, order executions, risk management, to day trading strategies. The apendices even include a list of Nasdaq and NYSE stocks that are suitable for day trading. The best part is that everything from A to Z was well explained in simple and easy to understand terms. Finally, the book was professionally illustrated. I liked the fact that the author and publisher did not promote this or that trading software, or endorse a specific brokerage firm. The author wrote responsible book, which disclosed upfront the risk of day trading. Well done!

Superb introduction to Day Trading

This has to be *the* Day Trading text for would-be and novice Day Traders. The author and publisher are to be congratulated for producing a comprehensive yet easy-to-read book on the many different aspects of Day Trading that beginners need to understand.Misha Sarkovich's clear and concise writing style, together with the logical structure and sequence of material, combine to produce a superb book on Day Trading.Everything is covered in the book: NYSE and NASDAQ, and their differences; Level I and Level II trading screens, and how to interpret and use them; stock price movements and alerts; technical analysis (price charting) tools and how to use them to identify potential trades; the different Buy/Sell Order types and their execution on NYSE and NASDAQ.All this is explained as clearly as you'll find anywhere; and the explanations benefit from some excellent diagrams and illustrations, leaving the reader in no doubt at all about the author's message.For me, though - as a relative novice in this field - what sets this book apart from the others that I've read is the chapter setting out four different styles of Day Trading, and their associated trading strategies. Each style is illustrated with a profile of a live day trader who practices that style. The "breakthrough" for me, after reading this, was that I now understood how to establish a manageable "stocks-to-watch" list, based on the chosen trading style/strategy. Up to then I'd been overwhelmed by the problem of watching too many (all...! ) the stocks which might move; a hopeless - and impossible - task. What joy, now that I have the answer!The book also provides: a good list of internet sites (for stock information, price data feeds, trading software platforms, trading firms, and internet brokers); a substantial list of NYSE and NASDAQ stocks with suitable trading volume and price volatility for day trading; a list of the key NASDAQ Market Makers; and (importantly) a comprehensive index.I can't fault it. It's superb. If you're new (or fairly new) to Day Trading, get the book now. You won't regret it.

The most complete guide to day trading

The reason I like this book so much is the fact that it was written responsibly. There is no any day trading hype in this book. The book is not a guide to get rich quick scheme. The author is not selling any particular software package or promoting one particular brokerage firm. The author presents only the facts, charts, and explanations about this new Wall Street phenomena.In addition, this book is the most complete reference book on day trading. I only wish the book was written a few years ago since it would save me from the numerous hours of researching this complex topic. It is a great introductory text. I recommend it without any hesitation.

Don't let the title fool you.

This was an excellent book. Finally, a book on daytrading that really covers actual strategies for trading both the NASDAQ and the NYSE. At first I was thrown by the title since there is nothing easy about trading. I thought that it was another of the "get rich quick by daytrading" books, but I was wrong. This book doesn't just give the history of SOES bandits and then plug the author's seminar or brokerage. It gives actual strategies and techniques to put into practice. My favorite part was the section on determining the type of trading best suited to the reader. The author gives real life examples of traders who are successful using various styles of trading from scalping to position trading. I haven't read another book that spent any time on this but it may be one of the most important things for new traders. If you buy one book on daytrading, buy this one. Then if you feel trading is for you move on to Tony Oz's book "Stock Trading Wizard".