Prop Trader''s Chronicles Short Term Proprietary Trading Strategies for Both Bull Bear Markets

The Prop Trader's Chronicles will unveil the strategies and techniques used at proprietary trading firms and by other professional stock traders. The book will describe the author's experience as a prop trader in an engaging narrative, but at the same time will provide an in-depth explanation of strategies employed by prop traders utilizing direct access technologies, Level II quotes, time & sales feeds, and electronic communication networks. The book will describe a variety of trading strategies involved in rapid day trading of stocks, including: scalping, rebate trading, and advanced reading of time & sales transactions to detect short-term swings; and statistical arbitrage. The author will describe how to use time & sales data as the modern-day equivalent of "reading the tape." Long the province of professional traders, the price/transaction data and leverage-dependent strategies discussed in the book are now available to individual traders through a select number of direct-access brokers. In short, the book will show active independent traders how to trade at a professional level and will provide a foundation for aspiring professional traders.

Product details

• Authors: F. J. Chan, Francis James Chan, CHAN FRANCIS J, Francis J. Chan, Francis J Chan
• Publisher: Wiley, John and Sons Ltd
• Content: Book
• Product form: Hardback
• Publication date: 16.11.2012
• Subject: Social sciences, law, business > Business > Business administration
• EAN: 9781118241080
• ISBN: 978-1-118-24108-0
• Pages: 156
• Series: Wiley Trading Series > .; Wiley Trading Series