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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: William W. Dwyer, Jr. who wrote (2763)	10/3/1998 10:00:00 AM
From: Captn	Respond to of 7247

You may want to check out Amazon for book details. I find it's an excellent resource for important book details, price, pages, popularity, content, reviews, etc.

To: William W. Dwyer, Jr. who wrote (2763)	10/3/1998 4:06:00 PM
From: Nazbuster	Read Replies (2) \| Respond to of 7247

Bill, re: "Day Trader's Advantage".. I bought it on a whim (Amazon) because it seemed to deal with the psychology of trading, something I think I need to work on. Check Amazon for descriptions and reviews. Remind me to comment in a couple of weeks after I've read it. I'm working on "Electronic Day Trader" now, which seems just right for me at this stage. I read the reviews which were at both extremes: very high and very low marks. So far, I'd say I like it, but I've only just started.

To: William W. Dwyer, Jr. who wrote (2763)	10/3/1998 9:38:00 PM
From: Bill Green	Read Replies (1) \| Respond to of 7247

Bill Excuse me for butting in, but I have read The Daytraders Advantage. As for any book there are one or two insightful comments that can help your overall strategy. Other from that it is commentaries from various traders after page 77. My favorite comment is and I will quote. In day or swing trading, it is a good idea to exit a profitable trade if the market cliamxes on heavy tick volume or "fast market" conditions. It is a high probability that the high or low of the day is being made at this time. If the market hits your resting entry orders under these conditions, expect immediate profits or be alert for anther wave in the same direction. This is basically another way of saying buy when everyone else is selling and vis a vis, which I must add I haven't mastered yet <g> Good luck Billy