خرید و دانلود نسخه کامل کتاب How to Beat the Market Makers at Their Own Game: Uncovering the Mysteries of Day Trading – Original PDF

Contrary to popular media reports, day trading is alive and well in America. This isn’t a comeback for day traders either; many of us never left. I continued day trading throughout the shakeup of the early 2000s, and during that time, I consis- tently made money. For years, day trading has represented a significant portion of my income and it continues to do so even now, despite today’s economic climate. I’m not alone; my company, Cyber Trading University, has trained thousands of people to do the same thing, and many of these people have gone on to duplicate, or in some cases exceed, my success. In the following chapters, I will share the system I have relied upon and perfected with you. Of course, this is not to say that there hasn’t been a shakeup in the industry. Many traders lost their shirts in 2000 and in times since. The truth of the matter is that most of these people weren’t day trading in the first place; they were the unfortunate victims of an out‐of‐control fad that called itself “day trading.” In actuality, this fad was anything but day trading—it was outright speculation. You must remember that during the late 1990s, making money in the stock market was incredibly easy. In fact, it was almost impossible to lose money in the market. The Standard and Poor (S&P) 500 Index averaged a 20 percent or greater return every year from 1995 to 1999. Remarkably, the S&P 500 had poor performance com-y pared to the Nasdaq Composite. In the years 1995 and 1998, the Nasdaq rose by 40 percent, and in 1999, the year before the bubble burst, it was up 86 percent.With the market going up 86 percent in a single year, how could you possibly lose money? People signed up with online brokers and began trading stocks with little or no train- ing. Most of them lacked a predefined strategy or even the knowledge that they needed one in order to succeed. These traders would simply search for the latest hot stock, buy it, watch it rise in price, sell it, and collect their profit. It could not have been any easier