The Day Trader’s Manual: Theory, Art, and Science of Profitable Short-Term Investing
$28.30
| Author(s) | |
|---|---|
| Pages |
355 |
| Format |
|
| Published Date |
1993 |
The Day Trader’s Manual: Theory, Art, and Science of Profitable Short-Term Investing Presents day traders with a systematic and rational framework for decision-making in the futures, options and equities markets. Offers complete coverage of day-trading methods including price, time and volume analysis techniques, money and position management strategies, trading systems, computerized trading tactics and much more.
Introduction:
Although all traders can benefit from this book, every trader will benefit differently. For every 100 ideas contained in these pages, the beginning trader might learn and understand 80; the other 20 will probably be too advanced for him or her to immediately grasp.
The more experienced trader, who is conversant with the rudiments of day trading, might merely review the 80 basic ideas and concentrate on mastering 10 of the 20 advanced ideas. Finally, the complete trader will read, understand, and master all 100 ideas. As an experienced generalist, the complete trader will be capable of integrating all the information offered into a total trading plan.
It will be worthwhile for you to learn as much as you can from this book, no matter what your background; but ultimately, all 100 ideas are necessary for successful trading. As an experienced trader, I can tell you that if even one key concept escapes you, that one will someday-given enough time in the markets-prove to be the Achilles’ heel that will cost you money in a trade. This Achilles’ heel, if not dealt with, will be the ultimate cause of your trading failure.
Contents:
- Time, Price, and the Day Trader
- Strategies for Profitable Day Trading
- Day Trading Approaches Defined by Market Action
- Chaos Theory and the Day Trader
- Tape-Reading Techniques
- Spread Trading
- Trading Market Profile
- Using Chart Patterns
- Mathematical Approaches to Day Trading
- Sequential Patterns in Day Trading
- Elliott Wave Theory and Day Trading
The Day Trader's Manual: Theory, Art, and Science of Profitable Short-Term Investing By William F. Eng pdf
3 reviews for The Day Trader’s Manual: Theory, Art, and Science of Profitable Short-Term Investing
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Harrison Gomez (verified owner) –
I had rated the author’s first book “Trading rules: Strategies for success” with 5 stars. I never expected such a frustration with this book.
Perhaps the trader did try to make this book as a day trader’s manual by including everything he deemed fit into a 322 page book: trading psychology, rules drawn from his own experience, chaos theory and in particular many TA tools like Market Profile, Elliot Wave, Gann Fan, RSI, Stochastics and so on. He then used nearly 40% of the book in 14 cases to elaborate those tools. The problem is, though I believe it’s the intent of the author to make the book as concise as possible, it’s simply impossible for most, even some professionals, to grasp the usage of the aforesaid TA tools. Even worse, the cases just did not help at all.
In a word, a big disappointment for this one and I suggest those who would like to give the author a try to bet on his first book “Trading Rules: Strategies for success”.
Natalie Joseph (verified owner) –
Interesting information.
Kyle Collier (verified owner) –
The book is written using the most complicated phrasing and is hard to read. I have to go back several times to get it. This in not a philosophical topic and has to be delivered in a comprehensive way in my opinion.