Millionaire Traders: How Everyday People Are Beating Wall Street at Its Own Game

Millionaire Traders: How Everyday People Are Beating Wall Street at Its Own Game

by Kathy Lien, Boris Schlossberg
     
 

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Trading is a battle between you and the market. And while you might not be a financial professional, that doesn't mean you can't win this battle.

Through interviews with twelve ordinary individuals who have worked hard to transform themselves into extraordinary traders, Millionaire Traders reveals how you can beat Wall Street at its own game.

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Overview

Trading is a battle between you and the market. And while you might not be a financial professional, that doesn't mean you can't win this battle.

Through interviews with twelve ordinary individuals who have worked hard to transform themselves into extraordinary traders, Millionaire Traders reveals how you can beat Wall Street at its own game.

Filled with in-depth insights and practical advice, this book introduces you to a dozen successful traders—some of whom focus on equities, while others deal in futures or foreign exchange—and examines the paths they've taken to capture considerable profits.

With this book as your guide, you'll quickly become familiar with a variety of strategies that can be used to make money in today's financial markets. Here are four of the many strategies that will help you achieve this goal:

TYRONE BALL: trades NASDAQ stocks almost exclusively, and his ability to change with the times has enabled him to prosper during some of the most treacherous market environments in recent history

ASHKAN BOLOUR: one of the earliest entrants into the retail forex market, he trades in the direction of the major trend, rather than trying to find reversals

FRANK LAW: a technician at heart, identifies a trading zone, commits to it, and scales down as long as the zone holds

PAUL WILLETTE: has mastered a method that allows him to harvest some profits right away, while ensuring that he can still benefit from an occasional extension run in his favor

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Product Details

ISBN-13:
9780470452547
Publisher:
Wiley
Publication date:
03/01/2010
Pages:
384
Sales rank:
1,392,277
Product dimensions:
5.90(w) x 8.90(h) x 1.00(d)

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