The Complete Guide to Day Trading: A Practical Manual From a Professional Day Trading Coach: The Rules and Ramblings of a Professional Day Trader Paperback – 30 Jun 2008
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About the Author
Markus Heitkoetter began trading in high school, and he's been going strong ever since.
In 2005, he launched Rockwell Trading(R) to fill the void of quality education that he saw in the trading industry. Markus has since taught hundreds of traders and investors all over the world how to make consistent profits in the U.S. and European markets. He offers educational webinars for the CME, Eurex, FXstreet, Strategy Runner, and many other financial companies. He's written articles on over 500 websites, and he's become an expert contributor on ezinearticles.com, Yahoo Answers, and FAQTs.com. --This text refers to an alternate Paperback edition.
Top customer reviews
The book gives you fundamental knowledge, and few basic strategies upon which you can expand. If there were anything to comment negatively, is that the author uses 'bar' charts instead of 'candlestick' charts. The former does not convey the wealth of information like the latter. This book is both introductory, and review for intermediate for retail traders. Great textbook to study financial market.
Most helpful customer reviews on Amazon.com
*The Complete Guide to Day Trading* is very practical and thorough. Markus makes many important points. One that I need to really grasp is that you have to be willing to accept losses. I know I need to accept them, learn from them and keep toward my goals.
I received this book two days ago. I'm not a fast reader, but this book was so shallow that I finished it in about 7 hours. There were a few good nuggets of information within this book that filled in a few "gaps" that I have regarding general knowledge about day trading. Things that aren't really profound, but that you need to hear from someone else so that you actually think about it rather than just assume it to be true, but like other reviewers have stated - this information is available for free on the Internet.
This book is nothing more than a 30,000 foot viewpoint of what Day Trading entails for people who have absolutely no knowledge of what day trading even means. There were no strategies that were suggested, only a definition of what different types of strategies were - "trend-following" vs. "non-trending." However, the actual execution was never actually explained. Technical analysis was "mentioned" (and I really mean that to be in quotes because other than giving the definition of what something is, such as a candlestick chart, the author does nothing to advance your knowledge).
All in all, I would value this book at about $2. If you can buy low and you truly have NO knowledge or experience in investing/trading, then maybe it will serve its purpose. Other than that, I'd stray away from this book.
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