Trading Books
- Thread starter Brandonf
- Start date
with regard to ESO [extended sexual orgasm],............judging from your signature there's no need for you to read this book or the charts it contains.
"Good entries. patient exits, strict discipline"
and then you can't resist a bit of bragging can you?
"-BUT ABOVE ALL, YOU GOTTA DO SIZE"
"Good entries. patient exits, strict discipline"
and then you can't resist a bit of bragging can you?
"-BUT ABOVE ALL, YOU GOTTA DO SIZE"
>have any of yall read "the underground trader.com",
>it is by some chinese guy named jea yu. i though it
>was a good read. any comments. - boomer"
"The Undergroundtrader.com Guide to Electronic Trading" is strictly geared to the day trader. The book's premise, if I recall, is that you should react to the market, not try to forecast what it is going to do. Or at least not beyond a short time frame. I thought it was a very interesting read.
It was the first time I have heard the term "axe". (The "axe" is the number one head market maker who should be watched closely via your Level II screen.)
Jea believes in the use of stochastics and moving averages and wants to point out that you should trade with zero-emotion and that taking small profits are the tightest risk management you can exercise. Jea believes most of what is taught about trading is a lot of hype and writes with convection. I believe his book is a very valuable "hands-on" book.
Jea Yu runs a chatsite that is pretty popular at
http://www.undergroundtrader.com/. You can join the chat as a silent reader for a few weeks and evaluate his methods yourself.
>it is by some chinese guy named jea yu. i though it
>was a good read. any comments. - boomer"
"The Undergroundtrader.com Guide to Electronic Trading" is strictly geared to the day trader. The book's premise, if I recall, is that you should react to the market, not try to forecast what it is going to do. Or at least not beyond a short time frame. I thought it was a very interesting read.
It was the first time I have heard the term "axe". (The "axe" is the number one head market maker who should be watched closely via your Level II screen.)
Jea believes in the use of stochastics and moving averages and wants to point out that you should trade with zero-emotion and that taking small profits are the tightest risk management you can exercise. Jea believes most of what is taught about trading is a lot of hype and writes with convection. I believe his book is a very valuable "hands-on" book.
Jea Yu runs a chatsite that is pretty popular at
http://www.undergroundtrader.com/. You can join the chat as a silent reader for a few weeks and evaluate his methods yourself.
I can't really recommend any trading book in particular. However I would caution anyone about reading a book with "SWING TRADING" in big letters on the cover. I had a book like that which I often took with me to read while I was waiting for my kids at their dance and skating lessons. I couldn't figure out why all the housewives there kept staring at my book and giving me strange looks. Finally after a while I figured it out.:eek: