Customer Reviews

Understanding Electronic Day Trading: Every Investor's Guide to Wall Street's Hottest Phenomenon

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

 

 

I would have given this no stars but Amazon doesn't allow that. This book was useless except for the laughs I got reading about the authors "daytrading" adventures. For someone serious about daytrading there are MUCH better books out there. If you want to open a browser based online trading account with $2500 and do position trading then maybe, possibly, although I doubt it, you might find something of interest in this book.

Don't be misled though - this book has nothing to do with true direct access daytrading. For that check out the excellent "Electronic Daytrading Made Easy" by Sarkovich.

Good Trading

The author admits she hadn't done any day trading before late 1998, and that she held on to an Amazon short position for more than a year (as it rose one hundred points)! Is THIS someone you want to take money advice from?

Just to give you an idea of what to expect from this book: 1) lots of screenshots of web pages you've probably already visited; 2) lots of references to Troy's three trading tips, which amount to little more than "buy low, sell high" (gee, thanks); 3) a complete lack of information about how to develop day trading skills.

You'll like this book if you're interested in the history of electronic systems available to day traders. Otherwise, pass.

It forced me to give it a star, I wanted to give it zero stars! What a useless book! Half the book is the authors' interviews with various CEO's. The book will tell you what most of you already being online already know. A whole chapter is devoted to telling you which web sites to go to for financial info, like CNN and the Motley Fool. Another tells you which brokers are online. You can get this info at Yahoo. This book is a glancing overview of online trading. No real info, no info on techniques, no info to make you money. Don't waste you time or money. Get Toni Turners "A Beginners Guide to Day Trading Online" for real info.

When I started researching information about day trading this was the first book that I bought. If you are interested in day trading you may find some parts of the book usefull. There are some interviews that are kind of good. The rest is outdated. But if you are a beginner I would sugest that you read Market Wizards or Reminisences of a Stock Operator to get the feel of what it really takes to succeed in this hard but rewarding business.

I bought this book right around the time when the internet bubble was about to burst. At that time, the information in this book helped me get a clear view of the steps to take in order to get started in the business of stock trading. The problem with this book today is that the information is outdated.

If you are looking into books on trading, the information in this book will not help you. Some companies like Datek which Carol Troy mentions a lot in this book don't even exist anymore (Datek was bought by Ameritrade). Therefore, if you are a newcomer this book might confused you.

I have nothing against Carol Troy. I think that her writing is very interesting. I am just saying that anyone who is looking into books on trading (not an easy task), will benefit from more well known books.

I am new to the stock market and read this book in one sitting. It is a great read with tons of resources and places to go on the internet. She helps you with research and how to buy with her formula to keep you out of trouble. I look forward to her next book

An exellent book. I have about 8 books about day-trading and this one is definitely one of my favorites. Mrs.Troy gives you a very objective insight into the various types of day-trading, precisely pointing her finger on the advantages/disadvantages of each one-backed by interviews of some of the top CEO's in the trading industry.Rock-solid facts about what goes and what doesn't and most important of all,how YOU can get started with a few buck's, a PC and very sound basics on how to protect yourself from being "burned" in these fast-moving markets. If you are confused about the vast number of books on the market,which one to choose and if you want to start online-trading without directly getting "smashed" - read this first. A great guide on how to consitantly build your wealth at a steady pace - and KEEP IT! You will not regret reading this book - guaranteed.

Steven Trent.