The Day Trader's Survival Guide

by
Format: Hardcover
Pub. Date: 2000-10-05
Publisher(s): HarperCollins Publications
List Price: $30.45

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Summary

Why does a stock like Juniper move 25 points in a single day white Microsoft never does? Why is Rambus a great stock for day traders, whereas Delland Cisco aren't? Why is the NYSE sometimes an easier market to trade in than NASDAQ, and why are executions usually better? And, last but not least, what do the three out of ten day traders who are consistently making money know that the seven who are losing money don't? These are the types of questions The Day Trader's Survival Guide answers. This book will teach you how to beat Wall Street at its own game. An unwary day trader can get steamrolled by large brokerage firms that have the power to move markets on a whim. The Day Trader's Survival Guide outlines the smartest ways to ride in the wake of "big money" and be profitable.In addition to presenting cutting-edge strategies that have never been introduced to the general public, The Day Trader's Survival Guide exposes the "dark side" of day trading, including a took at how Wall Street manipulates stock prices, why the NASDAQ market is unfair to the investing public, and why so many day traders ultimately lose money.

Table of Contents

Preface xi
Acknowledgments xv
Introduction: Wall Street's Virtual Casino 1(20)
Wall Street's Money-Making Machine
21(28)
Gouging the Customer: Dirty Little Secrets of the Online Brokerage Firms
49(12)
A Momentum Trader's Diary
61(30)
Instigating the Day Trader Stampede: How the Market Makers manipulate Stock Prices
91(26)
The Day Trader Strikes back: How You and I Can Manipulate Stock Prices
117(16)
The Momentum Trader's Quiz: Applying What We have Learned
133(12)
The Scalp Trader and the Hunt for Razor-Thin Profits
145(30)
Moving the Market: The Scalp Trader and the Art of Trading illiquid Stocks
175(12)
How the Specialist Manipulates Stock Prices to Derail Day Traders
187(10)
Arbitrage Trading: Unsustainable Valuations and the Hunt for ``Free Money''
197(14)
Beating the Specialist at His own Game
211(16)
A Utopian Vision for a Fair Marketplace: The Twenty-Four-Hour Unified Exchange, the Virtual Specialist, and the Extinction of Traditional Wall Street
227(6)
Index 233

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