Though its title may invite novices, this guide to successful day trading is clearly designed for more experienced investors, since it explores complicated topics such as market makers, arbitrage traders and illiquid stocks. Farrell, argues that anyone comfortable enough to day trade should be able to reap extraordinary profits, provided they follow his techniques and avoid the "secret" pitfalls. He clearly believes that Wall Street often consciously hinders day traders.

Rampant market manipulation is the order of the day, and it puts traders and investors at great disadvantage. Quoted markets that are not what they seem, hidden orders, head fakes, and other deceptions are described and illustrated in detail in this guide for traders with at least some experience.

It's a kill-or-be-killed market, and Farrell shows how traders can side with the pros, game the spread, profit in illiquid issues, and find arbitrage opportunities. Market makers armed with the profit motive have the means and the opportunity to annihilate starry-eyed new arrivals daily. This book shows exactly how they do it--and what it takes to outmaneuver them. It's a must-read for any trader who has the will to survive

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