The Stock Trader: How I Make a Living Trading Stocks

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Tony oz , a professional and profitable daytrader demonstrates in this book what many day traders and traders in general refuse to accept. To be successful and profitable,you do not need a highly complex and sophisticated system with multiple indicators. This is especially important in day trading where quickness of entry and exit is very crucial to your success.If you wait to enter a day trade even for one minute while you get confirmation , it may be already too late. His system is mainly based on different forms of support and resistance with strict exit rules that are especially critical to day trading. I do agree with another reviewer who mentioned that no discussion of level 2 is found in this book and it is essential to get a grasp on that before day trading. As a professional trader I learned the hard way that to make it in the trading business, you need to emulate real traders and stay away from "Trading educators" that make a living publishing books and running seminars and expensive trading camps. I also recommend reading the book by Darvas on how a dancer made millions in the market with his simple "darvas box system" .

Author(s): Tony Oz
Publisher: Goldman Brown Business Media
Year: 2000

Language: English
Pages: 146