Stock Trading Wizard : Advanced Short-Term Trading Strategies for Swing and Day Trading

This book is OK, but it lacks any real substance. For the price it is just not worth it.
Rating: 2 / 5

I re-read this book and was going to write Tony a thank you note for a truly outstanding book that stands the test of time. Most financial books today only cover one aspect or another of the marketplace. Tony’s books cover all angles and give a wonderful in depth blue print for the person who is willing to follow the advice given. Tony’s book “The Stock Trader” is a must read accompanyment to this book and is worth the money. No other book on the market takes you inside a trader’s mind and walks you through the trades as this does. I cannot recommend Tony’s work enough and I am proud to consider him a friend. He is the happiest, most successful person I know. We can all strive to attain his example of success.
Rating: 5 / 5

I like the way Tony guides you to the world of stock trading. He defenetly provides the neccessary information for beginners.

Just keep in mind that beginners NEED to go beyond the basics and learn more practical strategies that can show them specific ways to make money from the stock market.

Day trading is all about making buy and sell decisions. When you place a trade either your going to lose money or your going to make profits, and some other times you will break even. Trading doesn’t have to be complicated and should never be regarded as gambling. Trading is a game of strategy.

That’s why The most important aspect of stock trading is the knowledge FILTER you employ to make your buy & sell decisions. There are many “fantastic” strategies outhere, but you need to test them in order to discover which ones help you the most.

Complicated systems that rely on a “boat load” of technical indicators can make you slow, and being slow in this game can be as dangerous as not knowing what to do in the first place.

I think the worst thing that can happen to a beginner stock trader is to get information overload. It’s better to go step by step, and test a simple strategy that can show you how to focus on concrete ways to make money.

Fortunatly there are some good sites on the web today that can show you how to trade in practical and effective ways. One of those sites is Sharp Trades ( SharpTrades com )

In the end, stock investing & trading is all about buying and selling according to your knowledge FILTER. Once you master and follow youre proven filter parameters like a clock, you can expect to start making serious amounts of cash on a consistent basis.

Rating: 4 / 5

Have a look at Level II on a heavy volume stock and tell me what you see. I mean, it is nice to look at, but this is not all.

This book talks about basic stuff but lacks in more detailed information e.g. about ECN’s and there difference. Just some words about the trading software Realtick and how to use it. Talking about the tricks of using Realtick would be more helpful then explaining trendlines, support and resistance. This is MUST to know before you start trading! And what about candelsticks ?

However, for the beginner this book is more helpful then some of the other so called day trading books.
Rating: 3 / 5

This is a must book for those who wish to learn about trading Nasdaq and listed stocks. The best Level II coverage I have seen in print. The technical analysis section is clear and concise. The trading for a living section is worth the price of the book by itself.
Rating: 5 / 5