Moving from One Winning Stock Position to the Next.
Day trading is a proven method which has become increasingly popular with many futures and options traders. Although the use of a day trading system is critical for trading success, no day trading system is perfect. Equities day trading, in particular, is an emerging field with many idiosyncracies. These idiosyncracies are addressed by Howard Abell in 'Digital Day Trading'.
The book shows you how to set up a professional day trading operation from start up and presents everything needed to know to trade stocks electronically on a short term basis, including specific charts and computer set ups. It also provides an invaluable resource of market philosophy and strategy, and offers specific technical and tactical methods bolstered by considerations of money and risk management. In doing so, it lays down for you some core principles for success which, unlike other books on this topic, take the psychology of trading into account.
