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Day Trade Online
The First Edition of Day Trade Online became a worldwide phenomenon--and reached the Wall Street Journal, New York Times, BusinessWeek, and USA Today business bestseller lists. Since it was first written over a decade ago, the stock market has evolved, and so too have the opportunities for profit. That's why renowned trading expert Christopher Farrell has created a fully revised and updated Second Edition of his popular guide, updated to reflect the changes to the structure of the NYSE including decimalization.
Opening with a detailed discussion of how Wall Street works--this reliable resource quickly moves on to reveal the inner workings of the short-term movements of the market and how stocks actually trade. From here, Farrell examines the mechanics of the market maker system, the role of the "specialist" on the New York Stock Exchange (NYSE), and the importance of the bid-ask spread; including the changes to the market structure that have occurred since decimalization, and the challenges that trader's face in a era of high speed computerized trading and predatory algorithms that have resulted from those changes. With this information in hand, you'll become familiar with specific strategies that will help you quickly spot trading opportunities and take advantage of short-term inefficiencies in today's market.
Filled with in-depth insights and practical advice, this step-by-step guide will help
The independent online trader can compete and thrive in a marketplace dominated by large Wall Street trading houses, but only by knowing their secrets and beating them at their own game. The Second Edition of Day Trade Online will show you exactly how.
Opening with a detailed discussion of how Wall Street works--this reliable resource quickly moves on to reveal the inner workings of the short-term movements of the market and how stocks actually trade. From here, Farrell examines the mechanics of the market maker system, the role of the "specialist" on the New York Stock Exchange (NYSE), and the importance of the bid-ask spread; including the changes to the market structure that have occurred since decimalization, and the challenges that trader's face in a era of high speed computerized trading and predatory algorithms that have resulted from those changes. With this information in hand, you'll become familiar with specific strategies that will help you quickly spot trading opportunities and take advantage of short-term inefficiencies in today's market.
Filled with in-depth insights and practical advice, this step-by-step guide will help
The independent online trader can compete and thrive in a marketplace dominated by large Wall Street trading houses, but only by knowing their secrets and beating them at their own game. The Second Edition of Day Trade Online will show you exactly how.
187 pages, Hardcover
First published April 14, 1999
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Displaying 1 - 7 of 7 reviews
May 6, 2017
Outdated
June 11, 2022
Though valuable information can be extracted from Farrell's book, it is incredibly outdated.
May 20, 2009
Decent book; lots of enthusiasm. I was really excited while reading it, until I remembered that the market has changed and it is no longer possible to make your millions trading "teenies." I really wish I'd thought that through before I purchased this book. That would have saved me the $18.95 I could have spent on a more current piece of literature.
September 5, 2008
Don't bother until you have a spare $5000 dollars to play with. Unless, of course, you're just plain curious about day trading. Then this would be the book for you.
June 17, 2012
Read this a while back and it was very eye-opening as regards the markets and how they really work from a trader's viewpoint. It's not how you would expect at all!
November 28, 2014
Day trading is not for me but this book provides insight to the market that I never knew or understood. From that standpoint, fascnating.
December 19, 2016
Totally out of date. Needs to be updated for today's market.
Displaying 1 - 7 of 7 reviews