THECOMPLEAT guide to
day Trading Stocks
"The fact is that
there are no magical methods or secret weapons for beating the markets. If you seek
success as a day trader you'll have to make your money the good old-fashioned way you'll
have to do some work." Jake Bernstein The Compleat Quide to Day Trading Stocks
Jake Bernstein has been a
trader, market analyst, and author for over 30 years. He understands what's necessary to
beat the markets. Now, in The Compleat Guide to Day Trading Stocks, Bernstein applies his
highly researched technical analysis and trading skills to today's fast-paced world of
stock day trading.
The tools he teaches are
impressive! Basic enough to help novice day traders learn the ropes yet with enough detail
for the most demanding market veterans The Compleat Guide to Day Trading Stocks delivers
techniques and strategies that include:
Categories of trading systems
trend-following, market patterns, breakouts, and more that are ideally structured
for trading stocks
Practical considerations
starting capital, hardware, software, risk versus reward, and more
Easy-to-follow rules modified
from their use in the futures market-for trading price gaps
Historically back-tested ways
to increase accuracy and sensitivity with moving average indicators while overcoming MA
limitations
Basic methodology and
operational procedures for using one-hour breakouts (OHB) to day trade active stocks
Formulas and procedures for
spotting "clean" signals using moving average convergence/ divergence (MACD)
Operational and objective
rules for monitoring stocks and spotting trading signals via the momentum divergence
method
Psychological aspects,
including the dangers of forecasting and ways to recognize and break destructive trading
habits
Jake Bernstein is experienced
enough to know there is never one right answer for every trader or trading situation. To
account for different trader temperaments, tastes, likes, and dislikes, The Compleat Guide
to Day Trading Stocks provides a wide variety of stock day trading techniques and tools.
The result is the first book to blend valuable and specific stock day trading rules and
strategies into a single volume one you can follow to create your own style and system,
and carve out your own rewarding career as a stock day trader.
About the Author
Jake Bernstein is the author
of over 35 market books as well as a 30-year veteran of the stock and commodity markets.
He has been a guest on numerous television shows including WaS, Street Week, appears
regularly as a market commentator on radio and television, and has written for a number of
prominent financial publications. If you have questions about the systems, methods, or
indicators presented in The Comf)(eat Guide to Day Trading Stocks, please feel free to
write Mr. Bernstein at JAKE@2chimps.com.
215 pages