Day Trade Online: Christopher A. Farrell
Editorial Reviews
Amazon.com Review
Day trading such stocks as Amazon.com, eBay, and Yahoo! sounds like a game for the gun slinger: jump into the fray and pull the trigger. Is that really the case? No, according to author Christopher Farrell, who earns his money just as Wall Street does–by making very small, short-term, high-percentage trades. Farrell, who works from home, has traded over 15,000,000 shares of stock via the Internet, producing a 65 percent annual return for his investment fund in its first year. Using detailed, user-friendly examples, Farrell shows how to place orders online and then sell minutes later for small profits that can potentially add up to thousands of dollars a day–if you pick the right stocks. He explains how the New York Stock Exchange allows traders to buy on the bid and sell at the offer, just like the professionals. Farrell also includes loads of tips, such as how to choose an online broker, how much to pay for commissions, and how to cope with a technology that’s still in its infancy. If you’ve been thinking about joining the estimated 5 million online traders, then this book is for you. –Thom Hartle
From AudioFile
Though day-trading has a slick and risky aura, a definite no-no for the buy-and-hold crowd, the author says it’s a reliable way to make big money if you follow the advice in his audio. Farrell is an experienced broker and investment writer who knows the mechanics of trading and shows us how the rules and conventions of the stock exchanges allow the savvy trader to make money from quick trades, positions that are held at times for only minutes or seconds. Jeff Woodman stays out of the way of this intelligent guide, which requires some attention and thought, but is thoroughly understandable and empowering. Not for the faint of heart, but definitely an audio that makes day-trading inviting to a larger audience. T.W. © AudioFile 2003, Portland, Maine– Copyright © AudioFile, Portland, Maine
–This text refers to an out of print or unavailable edition of this title.
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