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What Works in Online Day Trading
ISBN: 0471372889     Date Published: 2001-02-15     Author(s): Mark Etzkorn
  Average Customer Rating:Stars Rating  

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304 Pages
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Last Update:
06/20/2013 01:28:11
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Editorial Review - Book Description:

Here is a uniquely honest examination of the online day trading concept, the firms that cater to it, and what works online and what doesn`t, so that would-be day traders can avoid the pitfalls-and the losses. Discussing trading as a business that most traders conduct without a plan, this book addresses common trading misconceptions, provides realistic answers to critical questions, and features an investigative analysis based on real people who are day trading and the firms they trade at or through-whether through virtual trading rooms, the Internet, or real-time operations.

Book Info
A collection of perspectives on what is effective in online trading, from a number of well-known and well-informed traders, trading coaches, analysts, systems experts, and financial journalists. Helps readers decided whether or not to pursue a career in trading, and gives the average reader the tools to begin a career or investment strategy.
Customer Review:
Total Reviews: (7)
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17 of 17 People found the following review helpful.

Strategies you can use, March 14, 2002 Byphoenixtoohot (Prescott, AZ USA) - See all my reviews This review is from: What Works in Online Day Trading (Hardcover) I have read many "trading" books, and find this one a pleasant suprise. Section Two includes a good source of trading strategies that work, each one written by people who actually trade. Strategies covered include 1) pure price action by Gary Smith, 2) breakouts by Mark Seleznov, 3) seasonals by Steve Moore,, 4) patterns by Mark Etzkorn, 4) springs and upthrusts by Hank Pruden, 5) Bow Tie patterns by Dave Landry, and a few others.The strategies include a good summary of setups, entries, stops, and exits. These summaries are general enought that you can program them in most any backtest software you use, not just Tradestation or C++. I use them to backtest with TC2000 and TC Companion.The book also has very good information on risk mangement, the mechanics of trading and the mindset of different trading styles.The great thing about this book, is that it is a well integrated compilation of tools and techniques from a variety of well known and/or highly...
13 of 14 People found the following review helpful.

Decent book, September 7, 2002 By A Customer This review is from: What Works in Online Day Trading (Hardcover) This is not your ordinary trading book, but one that teaches some real "usable" techniques. The book is broken up into chapters written by different people, so the tone of voice will change frequently. The prize of this book is the Seleznov breakout method, which anyone can use to trade profitably for life. That alone is worth thousands of times the price of this book. I'd recommend this for any serious amateur/semi-pro level short term trader who may be lacking a consistent trading system.
7 of 7 People found the following review helpful.

Eclectic, but useful, January 1, 2002 BySunny Reader - See all my reviews This review is from: What Works in Online Day Trading (Hardcover) This is an eclectic book. It doesn't focus on a major theme and is a collection of different people's views plus the author's. I would not recommend this book for beginners who want to learn the basics because I don't feel the foundation is thorough. It is a good book for those who want to see how others trade, their diverse techniques, and their opinions on trading. Also of value are the risk management techniques.A more appropriate title would be: Different techniques by various traders and other trading tips.
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