Complete Idiot's Guide to Daytrading Like a Pro (The Complete Idiot's Guide)

  Author:    Peter Sander, Peter Sander, Peter J. Sander
  ISBN:    1592574327
  Sales Rank:    405131
  Published:    2005-11-01
  Publisher:    Alpha
  # Pages:    352
  Binding:    Paperback
  Avg. Rating:    4.0 based on 13 reviews
  Used Offers:    19 from $10.75
  Amazon Price:    $13.57
  (Data above last updated:  2008-11-29 04:21:30 EST)
  
  
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Complete Idiot's Guide to Daytrading Like a Pro (The Complete Idiot's Guide)
  
An updated guide that makes daytrading easier than ever.

The most current guide for the beginner, this updated edition of The Complete Idiot's Guide to Daytrading Like a Pro includes all the information needed to successfully daytrade stocks in today's market. Written by a seasoned trader, it's fully updated with tips and new information about the latest technologies, the amazing opportunities in both American and international markets, and how to profit from them.

-Most current daytrading guide available

-Comprehensive updates include the newest information sites and technologies

-Full glossary of trading terms

-Special appendixes, including a key to the Market Marker and ECN symbols

You're no idiot, of course. You can surf the Web with the best of them, and check the stock market online. You even did all your holiday shopping via the Internet. But when it comes to trading stocks and bonds, and especially making day trades, you leave it to your broker to call the shots. Don't make another phone trade! The Complete Idiot's guide to Day Trading Like a Pro shows you the secrets of going head-to-head with actual traders and brokers. You'll learn where the best trades are made, how to gain direct access to markets, and how to use the strategies of the top market makers.
                  Reader Reviews 1 - 8 of 8                 
  
  
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Reader Reviews Below Sorted by Newest First
12-16-06 5 1\1
(Hide Review...)  Excellent book for a beginner
Reviewer Permalink
Recently I decided to try short-term trading. Soon I realise that I need to learn more. What is going on behind bid/ask postings, how to read and interpret Level II quotes, what is Naqdaq TotalView, what advance platforms are available today, etc? So I went to local bookstore and browsed through the section. Didn't find anything satisfactory so bought this book as a temporary solution. After an hour of reading I decided to write my first book review on Amazon.com. This is simply the best book I could hope to find on the subject: precise, structured, brief yet informative, state-of-the-art information. Excellent book overall. I highly recommend this book for beginners and may be even more experienced traders that didn't keep up with the latest advances. My only complain is that the indexing is not detail enough.
(Review Data Last Updated: 2008-11-30 05:23:29 EST)
12-15-06 5 (NA)
(Hide Review...)  Excellent book for a beginner
Reviewer Permalink
Recently I decided to try short-term trading. Soon I realise that I need to learn more. What is going on behind bid/ask postings, how to read and interpret Level II quotes, what is Naqdaq TotalView, what advance platforms are available today, etc? So I went to local bookstore and browsed through the section. Didn't find anything satisfactory so bought this book as a temporary solution. After an hour of reading I decided to write my first book review on Amazon.com. This is simply the best book I could hope to find on the subject: precise, structured, brief yet informative, state-of-the-art information. Excellent book overall. I highly recommend this book for beginners and may be even more experienced traders that didn't keep up with the latest advances. My only complain is that the indexing is not detail enough.
(Review Data Last Updated: 2007-04-11 07:51:04 EST)
11-11-05 5 1\3
(Hide Review...)  MUCH Better than first edition
Reviewer Permalink
New edition just out. More sensible approach, and updated. Definitely worth the money, especially for new traders.
(Review Data Last Updated: 2007-07-09 14:50:15 EST)
11-10-05 5 1\3
(Hide Review...)  MUCH Better than first edition
Reviewer Permalink
New edition just out. More sensible approach, and updated. Definitely worth the money, especially for new traders.
(Review Data Last Updated: 2006-08-29 07:37:45 EST)
09-27-05 3 15\16
(Hide Review...)  It does have a few nuggets ... How ever...
Reviewer Permalink
This particular book is fine as a general reference on the stock market, but frankly beginners will need more concrete and to the point strategies to make it as online stock traders.

The reality is that the stock market doesn't care if you are a beginner. It will gladly take your money away if you don't know what your doing. So the bottom line is, you better be PREPARED before you even think about making your first trade.

Stock trading is a very competitive field and in order to succeed you need to FOCUS on a set of simple strategies that you can implement without hesitation.

This game is all about buying and selling according to your set ups. So the clearer your set ups are, the easier for you can be to make a profitable decision.

Hopefully some sites on the web do offer more relevant and updated stock trading information. One of those sites is Sharp Trades ( SharpTrades com )

They focus mainly on short term momentum stock trading strategies, that in my opinion are easier to implement than many other technical systems outhere.

Stock trading doesn't have to be complicated as many people perceive. But you do need to follow a well organized set of rules and tactics, that once you master them, you can aspire to replicate profitable trades with consistency.
(Review Data Last Updated: 2007-07-09 14:50:15 EST)
03-09-05 5 2\6
(Hide Review...)  Good first book on day trading
Reviewer Permalink
If your stock market experience is limited, this book will serve as a good introduction. The material is basic and presented in an easily understood format.
(Review Data Last Updated: 2007-07-09 14:50:15 EST)
12-21-04 1 14\16
(Hide Review...)  0 stars if allowed
Reviewer Permalink
Sorry, but this book appears to have been written by a wanna be writer whose style---if you can call it that---is so blatantly irritating, condescending, and ridiculous that its facetiouseness distracts from any worth the book might otherwise provide which is minimal at best. Almost every paragraph contains a silly lead in to the next as if the writer is trying to hold your hand and help you 'get through' the material. Stuff like, 'ok, we're almost there now!' and 'I know you probably want to get right to the good stuff, but first, let's get a few of the harder points over with!....' Still with me? Both the writer and publisher should be pilloried for presuming the public is THAT dumb. You guessed it: don't buy this rubbish. And while we're at it, probably the only other book that's just as bad as this one for silliness is Toni Turner's.
(Review Data Last Updated: 2007-07-09 14:50:15 EST)
03-01-01 2 19\25
(Hide Review...)  Read Book, Played A Stock Market Game, see results below...
Reviewer Permalink
First of all, the title of this book is PRICELESS. If I was a complete idiot (and I'm not far from it), I would want to start day trading and as a matter of fact, I did just that.

About half the information in this book describes the workings of the stock market. The other half goes into some information abou the ins and outs of day trading. I'm sorry, if you're going to start to day trade, shouldn't you already know about how the NASDAQ and NYSE work? Why spend half the book talking about it?

Anyway, I read the book and entered one of those mock stock market games. They gave me $500,000 and a margin account so that I can trade up to $1,000,000. The game was not really geared toward day trading, there were different limitations and they couldn't offer Level II quotes (for a free game) so I had to "Swing Trade". I kept some positions overnight but I used the techniques mentioned in this book. So, the result (drum roll please): I started with a half million, I ended with $365,000 (a $135,000 loss). I came in 3,700th place (ouch!).

Ah well, To All Idiot's Out There: Don't try this at home! :-)

(Review Data Last Updated: 2007-07-09 14:50:15 EST)
  
                  Reader Reviews 1 - 8 of 8                 
  
  
  
  
  
  

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