The Ultimate Day Trader: How to Achieve Consistent Day Trading Profits in Stocks, Forex, and Commodities

by Jacob Bernstein

Day trading is difficult. The path is fraught with risk. But a pot of gold awaits those who learn their lessons well. After four decades in the markets as a trader, analyst, author, educator, and system developer, Jacob Bernstein sets down a comprehensive guide to the art of day trading.
You will
With this book, readers will have the complete guide they need to profit from this risky but exciting field. Trading profits are just a day away.

Genres: Finance, Business

352 pages, Paperback

First published January 1, 2009

Reviews

[Leon · Rating 4 out of 5]

Clear and concise book to be used as a foundation to day trading with the right emphasis on the important aspect of day trading, (eg. risk management, waiting for trigger/confirmation & that no systems/methodologies are infallible and the weakest link in the chain is the trader.)

As mentioned in the book, take the systems and test/backtest it before implementing it and tweak/refine the systems to suit your personality/timeframe.

[Brendon Johns · Rating 4 out of 5]

Lots of great info in this book. It’s a little dated though I think. Using the bar charts was tough as I’ve only ever used candlesticks personally. And a lot of it felt more like swing trading strategies rather than day trading. Very useful overall though.

[Matthew · Rating 5 out of 5]

I really liked the short explanations of the trading methodologies and the stats on how successful they were. I also like the summaries and bullet points to make this a short read. There were some anecdotes but I didn’t find myself bored waiting for the information I bought the book for to reveal itself.

The strategies make sense to me and even for a new trader they’d be fairly straightforward.

Overall I enjoyed this book and would recommend to anyone looking to get into trading or whose already been trading and wants to expand their toolkit.

[Nick · Rating 4 out of 5]

The author is relatively thorough with his methods and provides the examples/charts to prove his work. He seems a little biased which is cautious but he does seem genuine. The book is written well until the last 2 chapters where he repeats everything three times.

I would recommend this book to any one looking to trade futures and stocks, not Forex.

[Rana Awais · Rating 4 out of 5]

Jacob Bernstein writing style is more objective than any other Author of any book on Money Market

[Scott Carpenter · Rating 3 out of 5]

The book was a little out of date and contained many formatting errors with the figures and charts. Decent information otherwise.

[AJ Gallegos · Rating 4 out of 5]

This book does a great job at setting a foundation to the successful day trader. It’s a solid book for a trader who is already knowledgeable about basic trading concepts and definitions.