CONTENTS
preface = xi
acknowledgments = xvii
introduction = 1
chapter 1 enter the day trader : the markets, and where the day trader fits in = 12
Day Trading Benefits = 15
The Basics = 22
Market Participants = 24
Other Participants = 34
Economic and Political Factors : Overview = 35
chapter 2 what makes it all possible : the small order execution system(soes) = 39
A Short History of SOES = 39
SOES Today = 53
SOES Tomorrow = 56
chapter 3 entering the market : electronic communications networks and how they operate = 58
Using ECNs = 58
Selling Short = 60
After-Hours Trading = 61
Summary = 61
The ECNs = 62
chapter 4 market psychology : not the way the market should be, but the way it is = 69
Running with the Bulls = 71
Earnings Reports = 73
Analyst Expectations = 74
Buying on the Rumor = 78
Stoct Splits = 79
Analyst Upgrades = 80
Expert Recommendations = 82
Short Interest = 83
Psychology of the News = 85
Mass Hysteria = 87
Other Factors = 89
chapter 5 high-probability trading : using technical analysis to predict the market = 90
The 70 : 30 Trade = 91
Technical Analysis versus Fundamental Analysis = 91
Technical Indicators = 93
Charts and Graphs = 102
Broad Market Indicators = 123
chapter 6 timing your trade for maximum returns : the trading screen and how to use it = 127
The Trading Screen = 128
The Price-Volume Windows = 131
Nasdaq Level Ⅱ Market Maker Window = 133
The Two-Day, Minute-by-Minute Price-Volume Chart = 140
The 200-Day Price-Volume Chart = 141
The Time and Sales Window = 142
The Price-Change Ticker = 143
The Exchange Ticker = 143
chapter 7 the trading day and its characteristics : how to pick your stocks and when to trade them = 144
Bofore the Market Opens = 144
The Open = 151
Midmorning = 153
Noon = 153
Midafternoon = 154
The Close = 154
chapter 8 trade and grow rich : styles and strategies of day trading = 155
The Trading System = 155
Trading Strategies = 159
Trading Styles = 164
Mistakes to Avoid = 169
Position Trading = 172
chapter 9 many happy returns : the end and the beginning = 175
Paper Trading : The Psychology of You = 175
Novus Ordo Seclorum = 177
appendix a the sector indexes = 179
appendix b market maker list = 189
appendix c setting up the trading screen = 193
glossary = 201
about LearnTradingOnline.net = 207
about brokersaurus = 209
index = 211
about the authors = 219