The Day Trader's Advantage by Howard Abell

The meteoric rise of electronic trading has swelled the ranks of day traders profiting from minute changes in the value of a given market or investment within the trading day. Without the psychological or technical background to be successful, many traders can lose their life savings "playing" this challenging market.

To have an adviser and mentor with nearly 30 years' professional trading experience, willing to share his techniques as well as the secrets of the best and most successful traders, offers an unprecedented opportunity for every day trader willing to learn the ropes.

Every trader can discover high-profit insights into the dramatically changing face of day trading, including profiles and secrets from top traders and market experts.

In The Day Trader's Advantage, Howard Abell focuses on the dynamic real-time market characteristics, the psychological considerations and changing technologies required to make more winning trades. Here traders will find a wealth of proven, profit-making strategies, including:
*online day trading techniques to maximize profits *how winning day traders think *technical tools to achieve market discipline and consistency *how to predict the best market entry and exit points *day trading opportunities in both equities and futures *the psychology of success and overcoming barriers

The vast remainder of the book is the author interviewing several well know traders about this and that. The questions are general and as often as not the trader being interviewed rambles on in generalities. This is definitely not charlitan material like so much of the other "educational" trading books out there.

Read this book if you want to understand the attitude required to day trade, but don't look in here for a magic system to get rich. One major lesson of the book is that there is value in finding it by yourself, in an almost never ending process. Abell has the ability to make his trading insights plain as the light of day. Very pactical and wellwritten guide guaranteed to improve trading profits A great books.

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