The good news is that you can make more money than ever, more quickly than ever in today's market--the bad news is that you can lose more money even faster! Never before has day trading been such an all-or-nothing game. Much has changed since The Compleat Day Trader was first published. Software is more powerful. Commissions are lower. Orders are executed at lightning speed. Markets never sleep. And, most important of all, stock and commodity markets are experiencing their most volatile period in history.
This new edition of The Compleat Day Trader addresses all these changes while retaining and significantly upgrading the bedrock tools and methods that have made it a classic in the field. You get a comprehensive overview and foundation on: •The essential aspects of developing day-trading strategies •Techniques for using momentum for timing and targets •The newest tools, including depth of market •The psychological pitfalls of trading--and how to avoid them •Tracking major news events to improve your day-in, day-out profit potential
In today's hyperactive, roller-coaster markets, you can't be too prepared. Your decision making has to be spot-on every moment of the trading day, and you need to be working with the best tools available. The Compleat Day Trader is your first step to grabbing profits consistently in the high-stakes, high-profit-potential world of day trading.
Publisher Marketing:
THE BOOK DAY TRADERS RELY ON TO CAPTURE PROFITS AND LOWER RISK Since The Compleat Day Trader was first published, the tools available to day traders have become incomparably more efficient and effective, thereby dramatically increasing your chances of success. On the flip side, day trading is much riskier and faster paced than ever before. Staying current isn't an option for the serious day trader--it's an absolute necessity.
Jake Bernstein has revamped his bestselling guide, The Compleat Day Trader, to bring you fully up to date on his trading model, methods, and indicators, all of which are designed to help you take advantage of dramatically increased volatility in the global stock, futures, and forex markets.
In order to generate profits consistently, you need to define your intraday time frames, implement a specific trading model, and develop objective and operational procedures.
The Compleat Day Trader walks you through these critical processes step by step to help you execute with focus, logic, and objectivity--no matter how volatile the markets may be. Bernstein's powerful and clear tools are designed to give you the advantage you'll need. Learn about his: •MA Channel Swing Trade with Triggers and Setups •MAC Patterns and Signals •Power Momentum Day-Trade Formula •MACD Divergence Setups and Triggers •Gap Day-Trade Method •Profit-Maximizing Strategies •Media Day-Trade Strategy
For fifteen years, traders around the world have been relying on The Compleat Day Trader to help them achieve the highest possible levels of performance. Bernstein presents trading tools and methods that are clear and objective, unlike the mythical, magical, or subjective tools that are so common these days.
This refreshed, updated edition of The Compleat Day Trader provides you with the knowledge you need to make handsome profits while lowering your exposure--so you can rise to the top echelon of day traders.
