Profit from Three Decades of Experience
The meteoric rise of electronic trading has swelled the ranks of day traders to unprecedented numbers. However, without the psychological or technical background to be successful, many traders can-and do-lose their life savings in this challenging and often volatile market. To have an advisor and mentor with nearly 30 years' professional trading experience once again share his insights offers an extraordinary opportunity for both novice and experienced day traders to learn the ropes and profit. In the revision of The Day Trader's Advantage, Howard Abell shows you how to:* Develop an active trading strategy for profitable returns in different market conditions
* Identify short-term and longer-term opportunities
* Distinguish high-risk from low-risk trading
* Combine technical analysis with market strategy into an effective trading method
Whether you trade online through companies like Schwab, E-Trade, or Suretrade, or you trade in a day trading room in front of a Nasdaq Level 2 screen, start moving from one winning trade to the next by utilizing the proven methods and techniques presented in this best-selling classic.
About the Author
Howard Abell, a trading veteran, is Chief Operating Officer of Innergame, a division of Rand Financial Services, a Chicago-based futures clearing member (FCM) clearing all major exchanges. He is the author of the bestselling Digital Day Trading, Spread Trading, RiskReward and The Electronic Trading of Options, and co-author with Bob Koppel of The Market Savvy Investor, The Innergame of Trading and The Outer Game of Trading.
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Table of ContentsPart One: Psychological and Strategic Considerations
Part Two: Technical Analysis and Day Trading
Part Three: Expert Perspectives on Day Trading
Part Four: The Top Traders
Part Five: Winning versus Losing