What Works in Online Trading By Mark Etzkorn – Instant Download!
What Works in Online Day Trading (1st Edition) by Mark Etzkorn
This book delivers a candid and detailed exploration of online day trading, the firms that support it, and the realities of what succeeds online—and what fails—so that aspiring day traders can steer clear of common traps and financial losses. Viewing trading as a business that many enter without a real plan, it clears up widespread misconceptions, answers key questions with realism, and presents investigative insights based on real traders and the companies they use—whether through virtual trading rooms, the Internet, or live operations.
Driven by a booming bull market and rapid advances in communications technology, online trading has captured the public’s imagination. Media coverage has fueled this trend with stories of bold individuals who left traditional jobs to make fortunes from their own computer screens.
But beyond the headlines lie the hard truths of earning a living in the markets. What are an average trader’s real chances of staying ahead—or striking it rich—online? Is the digital playing field as fair as many claim? And, most importantly, what vital lessons must beginners absorb before committing to online trading if they want to keep their dreams alive?
Written by a team of top online traders, coaches, analysts, systems specialists, and financial journalists, What Works in Online Day Trading takes you behind the scenes to show what it actually takes to succeed in today’s markets. It helps readers decide if trading is right for them and provides practical tools to get started, plus expert perspectives on what truly works and what doesn’t.
Recognizing that trading without clear short- and long-term goals is risky, the book emphasizes treating trading as a business—with adequate funding, a sound plan, and the skills to execute it. It offers detailed analysis in four core areas:
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Trading Fundamentals: Key knowledge before placing a trade, from market mechanics to how exchanges like the NYSE and Nasdaq operate, and the latest on trading technology from direct-access brokers to ECNs.
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Trading Strategies: Step-by-step guidance on implementing plans, from swing trading to Level II scalping and taking profits from the markets.
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Risk and Money Management: How to limit risk, understand probabilities, and integrate controls into a trading plan.
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Trader Stories: Firsthand experiences from well-known and rising traders on becoming consistently profitable.
Clear, concise, and realistic, What Works in Online Day Trading is a valuable resource for current online traders and an essential read for anyone seriously considering it as a career.
