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

by Howard Abell (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...)

4.1 out of 5 stars See all reviews (23 customer reviews)

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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 out of print or unavailable edition of this title.

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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

Average Customer Review: 4.1 out of 5 stars See all reviews (23 customer reviews)

Amazon.com Sales Rank: #1,286,635 in Books (See Bestsellers in Books)

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Inside This Book (learn more)

First Sentence:
If you turn to almost any book on trading, you will see some or all of the following trading axioms. Read the first page

Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
day trading approach, successful day trading, day trading system, tune with the market, most day traders, multimedia kit, money management principles, trading goals, swing traders, swing trading, top traders, trading method, winning trades, trading plan, floor trader, price objective, buy day, fast market

Key Phrases - Capitalized Phrases (CAPs): (learn more)
Mei Ping, The Outer Game of Trading, Chicago Mercantile Exchange, George Soros

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Citations (learn more)

This book cites 12 books:

Mindtraps: Mastering the Inner World of Investing by Roland Barach in Back Matter
Innergame Trading (Paper) by Robert Koppel in Back Matter
Start-Up Guide by David H. Bangs in Back Matter
The Art of War (Penguin Great Ideas) by Sun-tzu on page 27
The Business Planning Guide by David H. Bangs in Back Matter

See all 12 books this book cites

Books on Related Topics (learn more)

Market Wizards by Jack D. Schwager

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Trade Your Way to Financial Freedom by Van K. Tharp

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Getting Started in Currency Trading by Michael Duane Archer

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High Probability trading by Marcel Link

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What Do Customers Ultimately Buy After Viewing This Item?

	76% buy the item featured on this page: The Day Trader's Advantage: How to Move from One Winning Position to the Next 4.1 out of 5 stars (23)
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Customer Reviews

23 Reviews

5 star:		(12)
4 star:		(6)
3 star:		(1)
2 star:		(3)
1 star:		(1)

Average Customer Review

4.1 out of 5 stars (23 customer reviews)

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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.

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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.

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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.

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Most Recent Customer Reviews

4.0 out of 5 stars Swing day trader's book
Plenty of fluff in this book. But also some genuinely good trading ideas. That is more that can be said for most trading books.

Published on January 8, 2001 by l

4.0 out of 5 stars I reread it, its better than i first thought!
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. Read more

Published on January 29, 2000

5.0 out of 5 stars Very Impressive
Interesting and well-written day trading volume. It has heped my trading immensely.

Published on October 17, 1999

5.0 out of 5 stars Psychology Is Key
The weak link to any trading system is the trader. Abell shows traders through charts, strategy, and PSYCHOLOGY how to overcome typical and recurring obstacles. Read more

Published on October 9, 1999

2.0 out of 5 stars A female reader from october 8, 1999 . Z�rich, Switzerland.
I have experienced exactly the same result like the comments of following persons: - The reader of September 30,1998. Read more

Published on October 7, 1999

5.0 out of 5 stars What day trading is all about!
The value of this book comes from the interviews with 8 successful day traders. The author asks them the same set of keys questions. Read more

Published on July 7, 1999

5.0 out of 5 stars Insightful trading book
Abell has the ability to make his trading insights plain as the light of day. Very pactical and wellwritten guide guaranteed to improve trading profits. Read more

Published on April 8, 1999

5.0 out of 5 stars Well Written Trading Book
This is a very good book. I think both beginning and experienced traders will benefit from reading it. Read more

Published on March 30, 1999

4.0 out of 5 stars Not a cookbook but worth a read.
Howard Abell again stresses the psychological aspects of day trading. People who could benefit from an attitude adjustment regarding their trading should read this book, but... Read more

Published on February 9, 1999 by Ronald L Lininger

5.0 out of 5 stars Profitable Day Trading Guide
Mr.Abell's method is practical as well as profitable.His systematic discussion of market and trader psychology informs almost every aspect of market behavior. Read more

Published on February 3, 1999

› See all 23 customer reviews...

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