Electronic Day Trading to Win (Wiley Online Trading for a Living S.) - Hardcover

As the electronic marketplace explodes, so does the proficiency of the new electronic day traders. This text is for traders with a wide range of skills, using services from online discount brokers to ECNs (Electronic Communication Networks). ECNs are a virtual exchange used to trade stocks without using a broker and are a rapidly growing business. With no end to that growth in sight, electronic traders need all the information on the subject that they can get. This volume gives a complete overview, including chapters on understanding the marketplace, market psychology, technical analysis, the best stocks to trade, and putting it all together. It provides the beginner with a great place to start, but also gives the more experienced trader a guide to continuing success.

BOB BAIRD, Ph.D., is an independent investor and geologist who owns his own consulting firm, Environmental Consulting, Inc., in Glen Allen, Virginia. Baird applies his high-level scientific background to technical analysis, with specific emphasis on day trading. And, as a former award-winning college-level instructor, he is well able to convey difficult concepts in a simple and understandable way. CRAIG McBURNEY is the founder of a Web-based investor education company, TradeMentor.com. McBurney spent the beginning of his day trading career like most people---losing money. He quickly recognized the need in the marketplace for quality training and was unable to find a true mentoring program. This was the catalyst for launching the distance-learning training available through TradeMentor.com.