A Beginner's Guide To Day Trading Online 2nd Edition Paperback – January 19, 2007

Good book to learn some fancy vocabulary. Great book to learn what is common sense amongst traders. But:- the author has a guru type of mindset and regularly pours bullshit on the reader. Here is a quote: « if our environment is so perfectly arranged, is it possible out lives are also? Is it possible that each of our lives has an intrinsic purpose? ». If you love this, the book is for you!- most important: the author believes in guts, not in analysis. Instead of analyzing two years of data on 100 stocks, he says « some traders think… but others don’t » etc. And instead of analyzing how strong a pattern is to predict a trend in mathematical terms, the author chooses only charts validating the theory. So biased, it is just useless to know whether a pattern really offers some level of prediction more than 50% of the time, or if it is no more than what the oracles used a few millenaries ago.I would still recommend this book for anyone who wants to witness how day traders are. And I am looking forward to finding a book offering serious analysis not based on candlestick divination.