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

~ (Author) "If you turn to almost any book on trading, you will see some or all of the following trading axioms..." (more)
Key Phrases: day trading approach, successful day trading, day trading system, Mei Ping, The Outer Game of Trading, Chicago Mercantile Exchange (more...)

Editorial Reviews

Product Description

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.

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.

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Product Details

• Hardcover: 209 pages
• Publisher: Kaplan Publishing (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 (View shipping rates and policies)
• Average Customer Review: 4.1 out of 5 stars  See all reviews (23 customer reviews)
• Amazon.com Sales Rank: #1,333,733 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

40 of 41 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

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.

10 of 10 people found the following review helpful:

2.0 out of 5 stars Very basic ideas. nothing new., October 14, 1999

By	l "l" - See all my reviews

Im sure the author is a great trader. However, there is not very much content in this book. If you are familiar with basic trading ideas and the importance of self-control, confidence, and disipline, you will not find anything new here. This is definitely not charlitan material like so much of the other "educational" trading books out there. However, I did not find it worthwhile.

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

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.