The Almanac of Online Trading: The Indispensable Reference Guide for Trading Stocks, Bonds, and Futures Online (Paperback)

by Terry Wooten (Conductor)

Editorial Reviews

Product Description
Individual investorsespecially those just making the move to online tradingneed a one-stop source of information. The Almanac of Online Trading is that reference tool, combining a comprehensive overview of how to begin with the information every trader needs to get the edge in today's fast-action trading arena.

The Almanac of Online Trading is a must-have for the desk of every online trader, this almanac puts important and needed information at every trader's fingertips. After a summary of online trading, including how and where to begin, it provides key information every trader needs, including:

Online brokerage Web sites

Analysis of market makers and ECNs

Symbols for both stocks and futures

Useful software and chat rooms

Online traders' terminology

From the Back Cover

The One-Stop Information Registry For All Online Investors

Millions of Americans now trade stocks, bonds, and futures online. Electronic communications networks (ECNs) have become a serious threat to traditional brokerage firms and exchangesand today account for nearly a third of Nasdaq trading volume. Independent investors of all types are turning their backs on phone brokers to experience the hands-on excitement and immediate access of online trading.

Online trading is here to stay. The Almanac of Online Trading shows you how to become the master of what has been called "the most dynamic new career opportunity of the 21st century." This concise, information-packed book delivers, the basic but essential information you need to successfully trade stocks, bonds, and futures online. Whether you've already experienced the thrill and unprecendented profit potential of online trading, or are simply looking for a wide-ranging, trusted reference, you must keep this indispensable book on your trading desktop for information on:

*Online brokerage Websites
*Valuable information on market makers and ECNs
*Ticker symbols for NYSE, S&P, and Nasdaq stocks
*Directions to useful software and chatrooms
*Comprehensive online traders' terminology

From guidelines on finding the best broker for your trading style to step-by-step details on every aspect of online stock, bond, and futures trading, use The Almanac of Online Trading to cut through the clutter and help you master the online trading battlefield of today and tomorrow.

Product Details

• Paperback: 240 pages
• Publisher: McGraw-Hill Companies (March 24, 2000)
• Language: English
• ISBN-10: 0071358595
• ISBN-13: 978-0071358590
• Product Dimensions: 9 x 6 x 0.6 inches
• Shipping Weight: 12.6 ounces (View shipping rates and policies)
• Average Customer Review: 3.7 out of 5 stars See all reviews (3 customer reviews)
• Amazon.com Sales Rank: #1,845,743 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

17 of 18 people found the following review helpful:

5.0 out of 5 stars Trading Online? Then You Need This Book!, May 11, 2000

By	Bruce R. Baker (Stamford, CT) - See all my reviews

"The Almanac of Online Trading" by Terry Wooten is the first of it's type in this rapidly growing segment of the securities brokerage industry. As more investors use the Internet to trade, this book will become more valuable.

Do not be mislead that the straight-forward approach lacks the necessary information traders are seeking. Mr. Wooten provides all the necessary steps from opening an account and how to get started, to a complete reference of symbols of traded securities, the names and addresses of state regulators, a listing of online brokers, and a glossary of terms that is indispensible for those new to online trading. There are tables that cover commodities trading and trading on foreign exchanges that are valuable for even the most experienced online investor.

This book is not intended to be an investment advisor, whereby if you will profit from following suggested investment strategies. Rather, it is a toolkit for selecting a broker, setting up an account, and executing trades. If you are thinking about opening an online account, or even if you are already an established online trader, this book is an indispensible reference source.

8 of 9 people found the following review helpful:

5.0 out of 5 stars Extremely useful, but not boring, May 16, 2000

By	J.M. Chapman (Washington, VA) - See all my reviews

Remember those stock market books you started to read, then put down before you gave it to Uncle Charlie. This is not that kind of book. If you're new to on-line trading, this provides some concise and essential information. If you're thinking of switching from a regular broker to on-line trading there is help. Almanac does the essentials well and then some. Much as you might turn to another kind of almanac for the phase of moon in six weeks, you turn to this for needed trading information and it's likely to be there and easy to find. The author doesn't have a miracle program to make you rich in two days. But if you pay attention to the common sense advice, you might avoid overnight poverty. And, you'll have a much better chance of achieving your financial goals.

7 of 8 people found the following review helpful:

1.0 out of 5 stars This book is a rip off., October 20, 2000

By	"aferia" (Flushing, NY USA) - See all my reviews

There is no substancial information about trading other than symbols for a large number of companies, this takes 1/3 of the book the other 2/3 talk about how carefull you should be but doesn't give you specifics. The information about the industry is very inaccurate. If you have access to the internet there is nothing in this book you can't get on one of the many internet portal out there and you get accurate information. If you are new to trading this book doesn't help and if you are allready trading you'll find it very useless.