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Informationen zum Autor CHRISTOPHER A. FARRELL is a former Wall Street bond trader and currently runs the Farrell Preferred Stock Arbitrage LP, a hedge fund. Chris has been a guest on numerous television and radio programs, including CNBC's Power Lunch, and featured in magazines such as Business Week and Worth. His works have been translated into several languages worldwide, including German, Korean, Russian, and Italian. He is also the author of The Day Trader's Survival Guide: How to Be Consistently Profitable in Short-Term Markets. Klappentext YOUR TICKET TO ONE OF TODAY'S HOTTEST FORMS OF TRADING Day Trade Online "If you've been thinking about joining the estimated 5 million online traders, then this book is for you."-Amazon.com ". . . successful at creating a realistic picture of the life of an online trader." -Business Week In 1999, Day Trade Online became a worldwide phenomenon-and reached The Wall Street Journal, Business Week, USA Today, and the New York Times "Business" bestseller lists. Now, this new paperback edition revisits the hardcover edition's cutting-edge trading strategies and techniques. Let Christopher Farrell show you how to beat Wall Street at its own game, and make money in today's volatile markets. Visit www.farrelltrading.com for more information or to contact Christopher A. Farrell with questions. Visit our Web site at www.wileyfinance.com Zusammenfassung The explosive growth and low cost of online trading has created a new class of investor who can now make a living buying and selling stocks over the Internet in a way that was once reserved for Wall Street's most powerful brokerage firms and investment banks. While technology has made entering the "major leagues" easy, staying in is not. Inhaltsverzeichnis Preface. Acknowledgments. Introduction--Swimming with the Sharks. SECTION I: THE WORLD OF THE DAY TRADER. The Baptism by Fire: Preparing the Uninitiated for Their First Trade. The Golden Age of Internet Day Trading. SECTION TWO: INTRODUCTION TO DAY TRADING. Trading 101: The Mind-Set of an Online Day Trader. The Day Trader's Arsenal: Choosing and Using Online Brokers, Real-Time Quote Systems, and the Home Office. Considerations for Quitting Your Job and Trading for a Living. SECTION III: HOW TO BEAT WALL STREET AT ITS OWN GAME. Price Takers versus Price Makers. The Day Trader's Crystal Ball: Understanding the Bid-Ask Spread. The Role of the Specialist on the New York Stock Exchange. SECTION IV: TRADING FOR TEENIES: TAKING FOOD OUT OF THE SPECIALIST'S MOUTH. The Day Trader's Secret Weapon: Exploiting the Bid-Ask Spread. Prospecting for Gold in the Land of 1/16s. SECTION V: TRADING THE MOMENTUM--DOW STOCKS, NASDAQ, AND EVENT-DRIVEN TRADING. The Momentum Game. Riding the Market's Momentum. A Day Trader's Ticket to the Poorhouse: How I Managed to Lose $12,000 in Less than 24 Hours. Index....