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The Electronic Day Trader continues to give the reader a firsthand, no-holds-barred introduction to ...
The Electronic Day Trader continues to give the reader a firsthand, no-holds-barred introduction to the world of electronic trading. The authors—accomplished veterans in this hot field—share trading philosophies and strategies that include:
• Workings of the various electronic order entry systems
• Effective trading techniques based on technical analysis
• All-important psychological aspects of day trading
Marc Friedfertig and George West (New York, NY) wrote Electronic Day Traders’ Secrets, and offer seminars on electronic day trading. Friedfertig is a registered principal for Broadway Trading. He formerly traded index futures with the New York Futures Exchange. West is the president of Broadway Consulting Group.
Posted December 17, 1999
As a relative newcomer to trading, I find that The Electronic Day Trader does an excellent job of filling in a lot of holes in my understanding of who the players are and what the playing field looks like in the trading world, particularly the world of day trading. It was a quick read and also serves me well as a reference book for the stock market. This book emphasizes what I believe to be the most important lesson of successful trading: a strong commitment to money management principles. The best books on trading that I have read make a point of punctuating this point as a key to successful trading. I recommend this book to anyone who needs a RULEBOOK to help learn what you need to know to trade. If anyone needs a good PLAYBOOK of successful trading strategies, take a look at Cooper¿s Hit and Run Trading. It stresses a lot of momentum based strategies that are laid out in a simple, step-by-step approach. These two books have made me a happy trading camper!
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