Tools for the Direct Access Trader: Hardware, Software, Resources, and Everything Else You Need to Get Started

by Alicia Abell

Book Overview

E-DAT traders need to survive in this ultra-competitive, take-no-prisoners arena. This book provides a look at the computer hardware and software, news retrieval services, data suppliers, and other... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0071362487
• ISBN13: 9780071362481
• Release Date: March 2001
• Publisher: McGraw-Hill Companies
• Length: 288 Pages
• Weight: 1.04 lbs.
• Dimensions: 0.8" x 6.2" x 9.3"

Customer Reviews

Tools for Trading by Abell

This is an excellent book for beginners desiring to learn and apply the techniques for digital day trading. There is an electronic platform called "Superdot". Considerable analytic software exists to facilitate the trading process i.e. Trade Station, Telechart, Trade Expert Pro etc. It is essential tocraft a viable business plan. Stock selection involves a careful analysis of liquidity, volatility, sponsorship, qualitative information and price. Breakout trading techniques are important after the stock market consolidates and re-groups. Sometimes it is important to test the tops and bottoms. Lastly, it is critical to anticipate market opportunities and to ignore noise.