Customer Reviews

The How to Get Started in Electronic Day Trading Home Study Course

5 star:		(7)
4 star:		(0)
3 star:		(1)
2 star:		(1)
1 star:		(3)

 

 

This guy is honest, period! He tells it as it is. Nassar never makes claims that day trading is easy or that the course will deliver trading results, but instead teaches the mechanics of day trading. I got more from this course for $300 dollars than two solid years of trading. I only wish I had taken it sooner. I also saw this guy trade at the Ontario Trade show with live capital. He made $1700 right in front of 10 people in less than than 10 min. That was really cool watching a man walk his talk!

Buy this course, it is undervalued and delivers so much.

I like some of the ideas presented by Mr. Nassar, however i think he needs to update his book and get a little bit more practical.

When you make a trade either your going to lose money or your going to make money, and some other times you will break even. When you win some body else will lose and so forth, but that's NOT what's important.

The most important aspect in day trading is the knowledge FILTER you employ to make your buy & sell decisions. There are many "fantastic" strategies outhere, but you need to test them in order to discover which ones help you the most.

Complicated strategies that rely on a "boat load" of technical indicators can make you slow, and being slow in this game can be as dangerous as not knowing what to do in the first place.

I think the worst thing that can happen to a beginner day trader is to get information overload. It's better to go step by step, and test a simple strategy that can show you how to focus on concrete ways to make money.

Fortunatly there are some good sites on the web today that can show you how to trade stocks in practical and effective ways. One of those sites is Stress Free Traders ( StressFreeTraders com )

In the end, stock investing & trading is all about buying and selling according to your knowledge FILTER. Once you master and follow youre proven filter parameters like a clock, you can expect to start making serious amounts of cash on a consistent basis.

Maybe "bad" is a bit harsh. David Nassar is a real and successful trader, and a guy who has years and years of experience training and managing highly successful traders to boot. He writes great articles for Active Trader and Futures magazines, and has written another book that I consider to be five-star outstanding.

But this book is disappointingly basic. It focuses on the mechanics of how trading is done and gives very little, if any, actual trading methodologies. A quick look at the table of contents and you will get the overview. It seemed to me like half the book was discussing how an order is placed!

Perhaps part of the problem is being outdated. Deciding how to route an order these days is a very insignificant factor in daytrading; the days of the SOES bandits are long, long gone. Broker's trading platforms now use smart routing technologies to get the best fill, and as a sharp trader you are using limit orders on stocks that have a 1 cent spread anyway. I suppose this was written back when you could take advantage of price differences between ECNs and Market Makers.

Your time is much better spent reading his other book, Rules of the Trade, where you can actually learn a few things and become inspired.

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Finally a man who is willing to provide real value at a real price. David Nassar is the only professional in the day trading business willing to share what is needed to be known about trading at a price that reflects his integrity. Thank you, David!

In terms of the course, this course is packed with great information. I was particularly impressed with the strategies that are clearly illustrated and the interviews with other professionals. Bill Lupien's interview was very insightful as the founder of Instinet, and a great contribution to the course.

Mr. Nassar obviously has the well deserved respect of other industry leaders which he shares throughout the course. I enjoyed his easy manor on the audio tapes while providing excellent analogies and insights. I would recommend this course to anyone who wants to trade, invest, or just learn about the stock market. I gave the course to my son (age 13)to study as early survival training for investing, and feel universities should use courses such as this to offer to its students. Simply a great course at a great value!

David Nassar has developed a fantastic home study course with techniques; insight and valuable information for anyone who day trades, swing trades or holds stock for the long term. This course is a must for anyone who is active in the market. David has and entertaining style and makes learning fun and exciting. I have listened to the ten tapes more than once and I get more out of them each time. The jet fighter trading scenario is a lot of fun and brings the point home. The CD ROM lets you experience the real time action of the level II screen and brings live trading sessions to your computer screen. The workbook follows the tapes and the CD and provides detail, which should be studied prior to listening to the tapes in order to obtain the maximum benefit. David touches upon everything from the history of the market to trading psychology, trading the news, picking stocks and money management! There are three tapes, which include interviews with traders, market makers and hedge fund traders. These provide added insight and experiences from people who have been active in core of the trading environment. I give this course five stars!

I have read numerous books, including Mr.Nassar's book and came away feeling like I learned something valuable, but when I tried to transfer what I read into real trading I was somehow still lost. I have thoroughly studied this new home study course and found it to be my most valuable lesson in trading yet. Of particular help to me was the CD-Rom section of the course. To be able to peer over the shoulder of a trader of Mr.Nassar's stature and hear him explain the thought process an incredible experience. The section on technical analysis was also well done and helped me learn how to interpret price charts. I must admit that I was a little bit intimidated by the price at first blush, but once I've gone through the materials I would say it is worth every penny and I would recommend buying it to anyone.

If there were no other books for those desiring to learn to trade this book would be ok. This covers a lot of the basics but not as well as many others available. I have been investing in equities online for five years - before that in mutual funds that I selected. I'm now looking to start trading based on technical analysis rather than fundamentals. Two books that I would suggest that are more comprehensive and easier to read are Toni Turner's book "A Beginner's Guide to Day Trading Online" and the best I have read so far by John Carter "Mastering the Trade".

Bought book, flipped through for 5 minutes, found good use starting a wood-fire. All the info contained here can be had for free on the internet. If you've been trading more then 2 days you already know more then the author of this book. Just plain awful!

Awesome ideas to make money with. I have been trading 35 years and feel the ideas in this book are timeless techniques that I know work. The book was written with experience and it shows. I've read many and this is one of the best.

David has once again reached new heights in educating investors. This course is a MUST for anyone trading on-line. The multimedia CD is strongly supported by the study guide and audiotapes strongly. If you trade online - Buy it - Read it - Study it. You will be glad you did.

---Founder, MarketMavens.com