NANO-STOCK STORE
The Day Trader's Survival Guide
by Christopher A. Farrell
$23.20Read with horror as author Christopher Farrell pulls back the curtain to expose how market makers and specialists manipulate stocks to fleece traders and investors. Then follow as he shows how you can turn the tables to work the markets to your own advantage. "If you approach day trading the same way that you approach investing, you are sure to lose money," Farrell warns in The Day Trader's Survival Guide."One of the early mistakes that novice traders make is that they get caught up in the hype of the online trading revolution. Just because you can get a trade executed in a second with the click of a mouse, does not mean that you are on a level playing field with the rest of Wall Street. Remember, all of Wall Street is out to take your money."
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.
Trading For A Living:Psychology, Trading Tactics, Money Management
by Alexander Elder
$52.00Book Description: An eminent futures trader explores crucial factors in the markets that most experts overlook--dashtime, volume and open interest--and describes little-known indicators to profitably track them. Covers all the popular technical approaches to futures, options and stock markets including Elliott Wave, oscillators, moving averages, Market Logic, point-and-figure charting. Explains why most traders sabotage themselves and how to avoid doing the same.
Synopsis: As a professional trader, technical analysis expert, and practicing psychiatrist, Dr. Elder helps aspiring traders step away from the crowd of amateurs. He presents a comprehensive system for trading stocks, futures, currencies, and options. This book provides provides a complete course in the three M's of successful trading: Mind, Method, and Money.
Japanese Candlestick Charting Techniques:
A Contemporary Guide to the Ancient Investment Techniques of the Far East
by Steve Nison
$60.00A reader from New York: "If you have heard of candlesticks but know nothing about them, look no further, this is THE book for you. In beautiful form and style, Steve Nison brings you into the world of Japanese candlestick charts and patterns. First giving you a fascinating history of the birth of the futures markets in Japan. Armed with that knowledge, Mr. Nison delves into the "psychology" behind the patterns that develop in the chart. He provides a thorough explanation of each pattern, down to it's historic name, and what to anticipate when the pattern unfolds. There is also a large part of the book devoted to using candlestick charts with various indicators i.e., stochastics, moving averages, relative strength, etc. You name it, he's got it. Actual charts are provided to visually enhance Steve Nison's explanations. Not only does he tell, but he showes you using various markets from coffee futures to the S&P market. This book is a must addition to the library of any trader who relies on technical analysis, from the beginner to the master."
Technical Analysis of Stock Trends
by Robert D. Edwards & John F. Magee
$79.00Book Description: The most authoritative reference in the field! Considered the best book ever written about chart patterns, Technical Analysis of Stock Trends, Seventh Edition is the definitive text on technical market analysis. Now available in Spanish, German, Chinese, Japanese, and English, this easy-to-read text incorporates the pioneering technical work of Dow, Hamilton, and Schabacker, with analysis tools used by investors today. Since the first edition was published 50 years ago, nearly one million investors have benefited from these time-tested approaches to understanding the market action of stocks and futures. Robert Edwards' practical clarification of the Dow Theory and his explanations of reversal and consolidation patterns, trendlines, and support or resistance levels are among the most useful analysis tools available to investors. John Magee's proven methods, developed over a lifetime of analysis, remain the most effective measures ever developed for determining reliable buy or sell signals. This updated and revised 7th Edition adds new charts, data, references, and other material, while preserving the classic proven techniques developed by Edwards and Magee. From corn to copper, T-bonds to yen, you'll learn how to read the signals that alert you to trading opportunities. You'll see how many of today's "hot" technology issues validate classic charting principles.
How Charts Can Help You in the Stock Market
by William L. Jiller
$16.95Book Description: This book was first published in 1962 with several printings through 1968. It was the first book written on the how, why and wherefore of chart analysis presented in clear and understandable terms. Jiler was the president of Trendline, a division of Standard and Poor's when he wrote this. 63 Charts.
Stock Trading Wizard: Advanced Short Term Trading Strategies
by Tony Oz
$86.40Richard LaPoint, aka "SanSoo" - Founder, Day Traders USA Chat Room: Trading securities isn't easy, but Tony Oz can sure make it seem that way. In his groundbreaking new book, Stock Trading Wizard, Tonys many years of experience are evident on every page. His hard-earned wisdom and keen understanding into the tricks, traps, and manipulations of the Market, combined with proven success strategies for meeting these unique challenges, provide the reader with a powerful arsenal of strategies, techniques, and methods that no serious trader, who wants to survive in this business, can afford to be without.
The heart and soul of Tony's book is classic technical analysis, which has proven its viability repeatedly since Charles Dow began charting the Market 100 years ago. Tony explains the basics of chart reading, then reveals his most successful chart patterns, and explains how to trade them. This chapter alone can save you months of study and testing, as Tony gets right down to the essential details needed for a reliable trading system, complete with how to read and interpret each chart, and how to enter and exit for maximum safety and profit potential.
Next comes the most thorough explanation of Level II I have seen in print. Complete with detailed graphics, Tony explains what Level II is, how it works, how to read it, and how to perceive and anticipate the infamous tricks and traps of the mighty Market Makers who are competing against you. Learn how to utilize the Time and Sales screen to determine the hidden manipulations of the Market Makers, and the all-powerful "AX" who controls the show, but hides his movements and intentions from everyone but those who have the knowledge presented in this important chapter.
I have talked with many traders who understood when to buy and sell, yet still lost money due to poor order execution. Tony reveals the strengths and weaknesses of the all the routing methods of execution available with the popular and robust Real Tick III trading software, which has become the de-facto standard of serious traders. Learn when to route your order to SOES, ARCA, ISLD, ECNs, and ISA, and more importantly, when NOT to.
Tony reveals which order route is better under different circumstances, and how to avoid being lured into a time or capital wasting action by the often deceptive numbers on the Level II screen. Tony puts it all together in his section, Trading for a Living, where he teaches practical application of money management and psychological strategies, including how to manage your account for safety and peace of mind, how and where to research to find the high potential trades, Tonys formula for calculating the risk/reward ratio to determine whether to enter or avoid a trade, worksheets for planning and tracking, and more.
As an added feature, Tonys Trading Case Studies describes in vivid detail, the blow-by-blow movements of the stock, the Market, the Market Makers, and his own thought processes, from entry to exit. If you have ever wanted to stand over the shoulder of a master trader, this is a great method for doing so.
Stock Trading Wizard is full of examples, illustrations, anecdotes, and the wisdom and insight of a master trader. I have never seen a book that included so much solid information, given so freely. This book should be part of every traders bookshelf. Its like having a well-chosen trading library all in one book, with no fluff, no filler, just page after page of powerful information and insight.
Technical Analysis From A to Z
by Steven B. Achelis
$19.97Book Description: Millions of traders participating in today's financial markets have shot interest and involvement in technical analysis to an all-time high. This updated edition of Technical Analysis from A to Z combines a detailed explanation of what technical analysis is and how it works with overviews, interpretations, calculations, and examples of over 135 technical indicators--and how they perform under actual market conditions. Enhanced with more details to make it easier to use and understand, this book reflects the latest research findings and advances. A complete summary of major indicators that can be used in any market, it covers:
* Every trading tool from the Absolute Breadth Index to the Zig Zag
* Indicators include Arms Index, Dow Theory, and Elliott Wave Theory
* Over 35 new indicators
Electronic Day Trading Made Easy: Become a Successful Trader
by Misha T.Sarkovich
$23.96Philip R. Berber, Founder and CEO, CyBerCorp: A timely, insightful, instructive, and easy to digest review of the core elements any electronic trader should understand to prepare for successful day trading.
Stuart Townsend, President, Townsend Analytics, Ltd.: An interesting and informative introduction to day trading. In particular, the author presents a clear analysis of the magnitude of the risks while providing guidelines for minimizing those risks and maximizing the probability of gains.
The Technical Analysis Course: A Winning Program for Investors & Traders
by Thomas A Meyers
$44.00Book Description: Presented in a workbook format, The Technical Analysis Course shows how to use the tools and strategies of technical analysis to uncover profitable opportunities in both the futures and stock markets. Complete with lesson, quizzes, charts and examples, the topics include: The basics of technical analysis; How to read price charts; Moving averages, oscillators and stochastics; Japanese candlesticks; Point and figure charting.
Strategies For The Online Day Trader: Advanced Trading Techniques for Online Profits
by Fernando Gonzalez & William Rhee
$39.96Electronic day trading is one of today's fastest growing, most exciting, and highest paying professions. Traders can-and do!-make thousands of dollars at the punch of a key. But if you think electronic trading is a game, you won't survive. Serious traders will show you the way out of the arena-after first, of course, none-too-gently helping themselves to your bankroll. Still ready to take these guys on? STRATEGIES FOR THE ONLINE DAY TRADER is written for the current trader who is serious about raising his level of expertise and becoming a successful electronic day trader. This realistic look at the world of electronic day trading familiarizes you with the psychology and philosophy behind day trading-along with the obstacles and pitfalls that can plague unwary gunslingers. Use STRATEGIES FOR THE ONLINE DAY TRADER to help you sidestep potentially disastrous errors as it points out which trades will tip the scales in your favor. This commonsense book shows you how to outsmart other traders, and see past their feints and dodges to discern their true intentions with unerring accuracy. Its NASDAQ Level 2 and NYSE SuperDOT trading strategies let you follow the inside market-plus what is beneath the inside market!-with trading lessons including: Risk management strategies that increase your leverage while reducing your exposure; The most effective trading strategies-and when, how, and why you can profit from each; A crash course in the basic theories of technical analysis; Analysis of the different behaviors of rising versus declining stocks; Understanding support and resistance levels, including breakouts and breakdowns, overshooting and undershooting; Factors involved in swing trading; High velocity, high probability scalping techniques. Specific risk-reducing strategies....detailed, step-by-step analysis of trades both good and bad....Charts and examples of scalp, swing, and core trades.... Everything you need to become a full-time professional day trader is in STRATEGIES FOR THE ONLINE DAY TRADER. Read it and you will truly understand the natural dynamics of price direction, the psychological traits required of successful online traders, and the innate instincts necessary to grab split-second trading profits at the leading edge of electronic day trading-the new century's most important trading phenomenon.
