By
This book
describes the trading strategies used by a professional stock trader in his own
trading. The ideas come both from friends who are successful traders as well as
his own experience with SOES trading. The collection of trading patterns
described represents one of the first full-fledged books of instruction on
short term, swing and day trading in individual stocks. The author's intraday
trend trading approach and his scalping method are both described in detail. He
uses the setups daily in his own trading. This manual should prove valuable to
the thousands of short term stock traders who seek to make their living from
speculating on short term price swings. It is a toolbox for finding high
probability trades for success as you trade the stock market. The technical
ideas are primarily crafted around the personality of the NASDAQ market but may
also be implemented in New York trades.
Day trading for beginners is like lion taming, except more expensive. It's a risky and challenging pursuit: buying stocks and selling them again in the same day, making money off tiny fluctuations in the price of a stock over a twelve hour period. For man
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