The Day Trader's Advantage: How to Move from One Winning Position to the Next [Hardcover]

Howard Abell (Author)

Book Description

Publication Date: June 1996

In this insightful book, master trader and advisor Howard Abell divulges his secrets for a successful trading strategy that takes into account both the real-time characteristics of dynamic markets and the psychology of its participants. His exclusive method will help you triumph over the invariable daily trading obstacles that can destroy your gains.

Editorial Reviews

From the Publisher

Praise for the prior edition: ". . . the most practical book on day trading that I have ever seen." --Larry Rosenberg Former Chairman, Chicago Mercantile Exchange --This text refers to an alternate Hardcover edition.

About the Author

Howard Abell, a trading veteran, is Chief Operating Officer of Innergame, a division of Rand Financial Services, a Chicago-based futures clearing member (FCM) clearing all major exchanges. He is the author of the bestselling Digital Day Trading, Spread Trading, RiskReward and The Electronic Trading of Options, and co-author with Bob Koppel of The Market Savvy Investor, The Innergame of Trading and The Outer Game of Trading. --This text refers to an alternate Hardcover edition.

Product Details

• Hardcover: 209 pages
• Publisher: Dearborn Trade Pub; First Printing edition (June 1996)
• Language: English
• ISBN-10: 079311778X
• ISBN-13: 978-0793117789
• Product Dimensions: 9.4 x 6.3 x 0.8 inches
• Shipping Weight: 1.1 pounds
• Average Customer Review: 4.2 out of 5 stars  See all reviews (22 customer reviews)
• Amazon Best Sellers Rank: #755,954 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

41 of 42 people found the following review helpful:

3.0 out of 5 stars The Day Trader's Advantage, How to move from one winning pos, March 6, 2000

By 

ROBERT SCOTT LEETE - See all my reviews

This review is from: The Day Trader's Advantage: How to Move from One Winning Position to the Next (Hardcover)

Because of the author's name and reputation, I was anxious to open this book, read and gain something. Within forty minutes of the read, I found myself skimming through the book to find something with some meat in it. Instead, I found the first 24 pages covering "The Psychology of . . .", "Overcoming the Psychological Barriers . . .", etc., etc. Then we go to 8 pages that touch on "Market Analysis & Day Trading," and then, "The Innergame Trading Approach." Mind you, 8 pages, or a little longer than most forewards. 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. My impression of this work is the author was evidently long on positions in the market and decided to write this book while he waited for a price move. Conversely, a book I purchased at the same time,"Trade Your Way to Financial Freedom," by: Van K. Tharp is excellent. This book has something to say and information for anyone to consider or incorporate.

4 of 4 people found the following review helpful:

5.0 out of 5 stars NOT an instruction manual on day trading, November 30, 1998

By A Customer

This review is from: The Day Trader's Advantage: How to Move from One Winning Position to the Next (Hardcover)

I bought the book hoping to learn about day trading. After the first few chapters it became evident I was being taught a lesson in psychology. If you want to learn about day trading this is not where to start.

3 of 3 people found the following review helpful:

4.0 out of 5 stars I reread it, its better than i first thought!, January 29, 2000

By A Customer

This review is from: The Day Trader's Advantage: How to Move from One Winning Position to the Next (Hardcover)

I reviewed this book before and gave it fewer stars. i reread it a few times, and I must say its better than i thought. the "strategy" section is not much, but quite frankly you will have to find your own anyway, so that is not so important. the psychological aspects covered in the book as well as the interviews are quite good. Trading only has to be as complicated as you want it to be. you can learn that lesson from this book as well as many others.