Once limited to the major players on Wall Street, day trading has become a dynamic, ultracompetitive tool for individual investors. Some traders make hundreds of thousands of dollars a year, but many others lose their life savings. The key to successful day trading is not based on luck; it's based on skill, discipline, and determination. In Electronic Day Trading Made Easy, Dr. Misha Sarkovich shows you how to balance the risks and rewards of day trading to maximize your long-term success.
Inside you'll discover everything the successful day trader needs to know, including how to:
• Develop your own strategy and risk management tools
• Analyze real-time price data properly
• Shadow market makers
• Forecast trade signals
• And more
Whether you are new to day trading or an active trader looking for a competitive edge, this book will show you how to develop a responsible and disciplined strategy for maximum success.
"A timely, insightful, and instructive review of the core elements any day trader should understand."—Philip R. Berber, Founder and CEO, CyBerCorp
"A must-read for anyone considering a career in day trading."—Jay Gillock, President, Landmark Securities
"A clear analysis providing guidelines for minimizing risk and maximizing the probability of gains."—Stuart Townsend, President, Townsend Analytics, Ltd.