- Audio Cassette
- Publisher: Penton Overseas Inc (Wiley Audio); Abridged edition (1 Sept. 2000)
- Language: English
- ISBN-10: 1560159081
- ISBN-13: 978-1560159087
- Product Dimensions: 17.9 x 11.8 x 2.2 cm
- Average Customer Review: 3.0 out of 5 stars See all reviews (92 customer reviews)
- Amazon Bestsellers Rank: 8,509,132 in Books (See Top 100 in Books)
Day Trade Online Audiobook: Start Trading for a Living Today (Wiley Audio) Audio Cassette – Abridged, Audiobook
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Day trading such stocks as Amazon.com, eBay and Yahoo! sounds like a game for the gun slinger: jump into the fray and pull the trigger. Is that really the case? No, according to author Christopher Farrell, who earns his money just as Wall Street does--by making very small, short- term, high-percentage trades. Farrell, who works from home, has traded more than 15,000,000 shares of stock via the Internet, producing a 65 percent annual return for his investment fund in its first year. Using detailed, user-friendly examples, Farrell shows how to place orders online and then sell minutes later for small profits that can potentially add up to thousands of dollars a day--if you pick the right stocks. He explains how the New York Stock Exchange allows traders to buy on the bid and sell at the offer, just like the professionals. Farrell also includes loads of tips, such as how to choose an online broker, how much to pay for commissions and how to cope with a technology that's still in its infancy. If you've been thinking about joining the estimated 5 million online traders, then this book is for you. --Thom Hartle, Amazon.com --This text refers to the Paperback edition.
Of the many day–trading books that have made it on the Business Week list in the past year, Farrell′s is perhaps the most readable. Unlike the other tomes written by veteran traders, his book really starts from the beginning, explaining how stocks are traded. Then he lays out some basic common sense –day traders should choose their moments carefully, getting in and out of stocks quickly, aiming to "hit singles, not home runs," he writes. He clearly explains the pros and cons of using regular online discount brokerage accounts and advises readers to expect occassional glitches and late order fills as part of the costs of doing business...Ultimately, DAY TRADE ONLINE is most successful at giving the reader a realistic picture of what the life of an online day trader is like. --This text refers to the Paperback edition.See all Product description
Top Customer Reviews
The main problem in UK seems to be finding companies that charge low amounts for trades, the lowest I found is £7.50 per trade. The highest charged 1% upto a maximum of £100 per trade.
When I have enough cash put aside for this, I will give it a go.
Finally, if a trade goes against you make sure it just isn't an intra-day swing or temporary downturn before you sell at a loss. Or something like that....
P.S. This is THE most boring method of continuing your existence on this planet as a living thinking human being. Congratulations! You've just figured out a way to stare at a monitor and watch that know-it-all fathead in the mornings on CNBC for the rest of your life! Oh what a creative feature of existence you are. Good luck.
Most Recent Customer Reviews
How to get rich in two weeks.Bravo. Hope to hear from him about the Nasdaq rally very soon.Published on 29 Nov. 1999 by email@example.com
He tells unhappy nine-to-fivers what they want to hear most. He shows an amazing artistry in painting the ideal picture of life, so he is no doubt going to be forgiven by many for... Read morePublished on 1 Sept. 1999
Chris' book is well intentioned, but wordy. The repetitiveness is probably a benefit to the novice, but the detail can become somewhat excruciating. Read morePublished on 31 Aug. 1999
If you took out all the repetitive statements, you'd be left with a pamphlet. "Picking pennies from under a freight train in motion" is the best summary of this book. Read morePublished on 31 Aug. 1999
This book could have done with some serious editing..... but that does not take from the fact that it is an extrenely interesting and educational read. Read morePublished on 29 Aug. 1999
This book helped me "get a feel" for the market, but that is about it. The strategies may work, I haven't tried yet. Read morePublished on 28 Aug. 1999
I was surprised at the information. It was an eye opener. But..I can't seem to find A broker that will accept Limit Trades at $10. This is crusial as Mr. Farrell explains. Read morePublished on 22 Aug. 1999
After reading this book I realized that I was once one of the investors that the maket loved to take advantage of. This book opened my eyes. A great book!! Read morePublished on 12 Aug. 1999
I have only been day trading for a couple of months, but I found some of Farrell's theories and techniques useful. Read morePublished on 12 Aug. 1999
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