Day trading tactics from a Wall Street insider A groundbreaking work in electronic trading, The Market Maker’s Edge gives you the unique point of view of an actual “Ax.” The Ax — usually the day trader for a major Wall Street brokerage firm — is the market maker who controls the movement of a particular stock. Ax Josh Lukeman trades the stock market’s blazing hot technology sector for Morgan Stanley. Now, this professional trader gives you an effective, step-by-step trading plan used by Wall Street professionals to minimize risk and maximize profit. You get the latest methods of stock selection...entry and exit points...examples and charts...hair-raising anecdotes of traders who have won and lost millions of dollars, sometimes in minutes...and plenty of sound wisdom for avoiding the pitfalls of greed, fear, attachment and shame from a real pro.

Here is a uniquely honest examination of the online day trading concept, the firms that cater to it, and what works online and what doesn't, so that would-be day traders can avoid the pitfalls-and the losses. Discussing trading as a business that most traders conduct without a plan, this book addresses common trading misconceptions, provides realistic answers to critical questions, and features an investigative analysis based on real people who are day trading and the firms they trade at or through-whether through virtual trading rooms, the Internet, or real-time operations.

Options day trading is no walk in the park. But it is your most potentially profitable way to take advantage of the day-trading phenomenon. Put the odds in your favor with Demark on Day DeMark and Thomas DeMark, Jr. Forget complicated formulas! Instead, this nuts-and-bolts guide gives you a set of option trading techniques, indicators, and rules to limit risk without sacrificing profit. You're shown how to:

Only a small percentage of those who try day trading achieve success because most are undercapitalized, lack discipline, and have little idea how much knowledge and experience are required. For the determined newcomer, David S. Nassar's How to Get Started in Electronic Day Trading Home Study Course is a comprehensive immersion that includes a well-written workbook, 10 hours' worth of audiocassettes, and a CD-ROM. Nassar, author of the book How to Get Started in Electronic Day Trading, is a trader who heads a brokerage firm offering electronic trading as well as training. He writes, "My task here is to teach you to play with fire without getting burned."