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Books : Financial Freedom Through Electronic Day Trading

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Binding: Hardcover
Dewey Decimal Number: 332.64202854678
EAN: 9780071362955
ISBN: 0071362959
Label: McGraw-Hill
Manufacturer: McGraw-Hill
Number Of Items: 1
Number Of Pages: 388
Publication Date: December 18, 2000
Publisher: McGraw-Hill
Sales Rank: 74400
Studio: McGraw-Hill




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Editorial Review:

Product Description:
An increasing number of investors are entering the high-risk world of electronic day trading--often before they've learned the basic principles and safeguards. Financial Freedom Through Electronic Day Trading combines Van Tharp's mastery of trading psychology with Brian June's nuts-and-bolts expertise to give day traders the proven strategies and information they need to survive and succeed.

From little-known day trading entries and exits to techniques that foster winning attitudes and styles, these practical ideas will help readers develop their own personalized trading systems. The perfect combination of psychological preparation and hands-on practice, it discusses:
*Market analysis from a day trading perspective
*Techniques for determining a market maker's position
*The best day trading software



Customer Reviews
Average Rating:  out of 5 stars

Rating: 4 out of 5 stars - content rich
This book contains a wealth of information - I strongly recommend it! The content is excellent, and the writing style is understandable and candid. Brian June not only discusses the nuts-and-bolts of day-trading (Level II screens, time-and-sales data, 'ax' market makers, direct-access systems, trading strategies) but covers in detail how one should prepare prior to the market opening and how one needs to debrief trading after the close. Dr. Van Tharp covers two of the most important concepts of trading: ... Read More



Rating: 4 out of 5 stars - Good book for the nuts and bolts of trading
This book was a great addition to the other books I have read about trading for a living. While Gary Smith's book was his actual trading process and Alexander Elder's covered the psychological dynamics of creating a system, this book really got into the technical dynamics of risk and expectancy with formulas and excellent explanations of how to be profitable based on your amount of trades/risk/expectancy.

The six key elements you will understand for making money in the market from this book ... Read More



Rating: 3 out of 5 stars - A Must Read for day traders
I would recommend the book to stock traders,but also if you're trading futures -as in my case- the book is worthwhile as a blueprint for devising business and trading plans. Mind you, the advice given in the book about equipment, software and hardware is already obsolete since the book was written a few years ago.



Rating: 5 out of 5 stars - A great supplement to TYWTFF
In his follow up to his first book 'Trade Your Way to Financial Freedom' Van K Tharp expands on some of the ideas presented specifically in the realm of trading electronically.

Though not as revolutionary as his first book, this one is still packed with 'not found elsewhere' useful information for both beginning and experienced traders. Treat it as a supplement to his first book and you will learn something useful.



Rating: 4 out of 5 stars - Best Book on how to write a trading plan
My trading coach recommended this book to me so I could better write my trading and business plan for my trading business. After studying and applying the books material I was able to format a proven and tested plan. I later met with my trading coach to review my plan and he said it was one of the best plans he has seen. Thanks to this book I am able to sucessfully maintain a trading career.



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Disclaimer: Futures, forex, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using these methodologies or systems will generate profits or ensure freedom from losses.

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