The Guts and Glory of Day Trading: True stories of day traders who made (or lost) $1,000,000

Overview

Very few day traders make money-let alone $1 million or more - in the daily stock-trading battle. The Guts & Glory of Day Trading tells the true stories of twelve otherwise ordinary people who have made or lost at least $1 million trading stocks. Their triumphant and tragic tales pull back the curtain from the gritty world of day trading to give a rare glimpse of the human emotion, the lives transformed and the lessons learned, aside from the hype.

Day traders aren't only ...

See more details below
Paperback (Reprint)
$23.71
BN.com price
(Save 20%)$29.99 List Price
Other sellers (Paperback)
  • All (8) from $19.65   
  • New (7) from $19.65   
  • Used (1) from $23.70   
The Guts and Glory of Day Trading: True stories of day traders who made (or lost) $1,000,000

Available on NOOK devices and apps  
  • NOOK Devices
  • NOOK HD/HD+ Tablet
  • NOOK
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for Windows 8 Tablet
  • NOOK for iOS
  • NOOK for Android
  • NOOK Kids for iPad
  • PC/Mac
  • NOOK for Windows 8
  • NOOK for PC
  • NOOK for Mac
  • NOOK Study
  • NOOK for Web

Want a NOOK? Explore Now

NOOK Book (eBook)
$4.99
BN.com price
(Save 11%)$5.66 List Price

Overview

Very few day traders make money-let alone $1 million or more - in the daily stock-trading battle. The Guts & Glory of Day Trading tells the true stories of twelve otherwise ordinary people who have made or lost at least $1 million trading stocks. Their triumphant and tragic tales pull back the curtain from the gritty world of day trading to give a rare glimpse of the human emotion, the lives transformed and the lessons learned, aside from the hype.

Day traders aren't only market gurus and stock brokers, but regular people - classical pianists, burned-out photographers, moonlighting business consultants - who decided to pursue an exciting and treacherous phenomenon to achieve independent success and wealth beyond their wildest dreams. Their stories will inspire you and - more importantly - show how you can improve your own trading strategies by learning from their successes and avoiding their mistakes.

Every battle has its winners and losers. Every day, thousands of day traders take their battle positions in front of their computers to go head-to-head against the world's best, and most powerful, trading institutions. There are casualties, many casualties. But there are also victories - moments when an individual trader reaches the pinnacle of success and takes a profit.

Making money isn't easy - with a 75 to 90% failure rate, only the strong survive, and only the most savvy live to trade another day. But despite the negative press, a wildly unpredictable market, and the possibility of losing their shirts on any given trading day, these market mercenaries continue to trade and day trading continues to grow as a profession. What drives them? In The Guts & Glory of Day Trading, you'll read the astounding stories of those traders who have been skilled enough to make significant money and the gutwrenching dramas of those who were unfortunate to lose vast fortunes.

Their stories and strategies will keep you on the edge of your seat. These valuable lessons from this trading dozen tell more than just the pits and peaks of stock trading. They teach the survival skills and tactics necessary to live to trade another day. You can learn how to improve your own trading techniques by learning what most of them did right and what some of them did wrong.

Read More Show Less

Product Details

  • ISBN-13: 9781906659714
  • Publisher: Harriman House Publishing
  • Publication date: 5/20/2010
  • Edition description: Reprint
  • Pages: 304
  • Product dimensions: 6.00 (w) x 9.10 (h) x 0.70 (d)

Meet the Author

Mark Ingebretsen, has been writing about finance and investing for over 20 years. He is a featured columnist at TheStreet.com and his articles have also appeared in Esquire, Sports Illustrated, Chicago and numerous other magazines. He and his family live in Iowa.

Read More Show Less

Table of Contents

Foreword vii

Preface xi

Acknowledgements xiii

Chapter 1 Introduction 1

Renegades in Cyberspace

Chapter 2 How to Grow $20,000 into $1,000,000 in One 'Horrible' Year 11

The Intelligent Speculator Teresa Lo

Chapter 3 Trading Microtrends 29

The Tactician Brendan DeLamielleure

Chapter 4 Those Who Forget the Past... 43

Gap Trader Terry Bruce

Chapter 5 Trading As a Quest for Knowledge 55

The Teacher Oliver Velez

Chapter 6 On-the-Edge Trading 69

Momentum Trader Barbara Hamilton

Chapter 7 Pennies from Heaven 79

The Scalper Chris Farrell

Chapter 8 Betting it All 93

The Quintissential Contrarian Mary Pugh

Chapter 9 Profiting from Good Markets and Bad 109

Rider of the Storm Scott Slutsky

Chapter 10 When the Market Turns Mean, Turn to Your Friends 121

The Trench Rat Dave Gordon

Chapter 11 Secrets of a Techno-Fundamentalist 131

The Earnings Player Barbara Simon

Chapter 12 Long-Term Holds and Covered Calls 143

The Gorilla Hunter Bob Martin

Chapter 13 If I Only Had a Brain... 155

The AI Guy Scott McCormick

Conclusion: A Master List of Trading Rules 167

Appendix: Money for Nothing and the Quotes are Free 181

Understanding the basics of day trading

Index 193

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)