Thursday, November 19, 2009

Stock Trading Wizard : Advanced Short-Term Trading Strategies for Swing and Day Trading by Tony Oz - I read parts of the book on a daily basis

In his book, Stock Trading Wizard, Tony Oz discloses his short-term trading strategies in a simple yet comprehensive manner. The book goes straight to the point covering all the essential elements for short-term trading. It was designed by the author for everyone who is serious about trading stocks for a living. Among other things, the book covers Technical Analysis, Level II Quotes, Advanced Order Execution Systems, Market Psychology, Traders Psychology, Secrets to Successful Trading, Money Management, Stock Screening Formulas, and much more. The author did not save on paper and included numerous charts and tables in his attempt to paint a clear stock trading system.

I read parts of the book on a daily basis
10 Stars !!!!

This book has saved me a fortune. When ever I'm in a slump, I stop trading and read this book again. It always gets me back on track. My main problem was I wasn't letting the market tell me which direction to trade. I was trading on the long side of the market when I should have been on the short side and vise versa. I've stopped watching the tape so closely, and focus now on general market conditions for my long or short signals. Now I don't get caught on the wrong side of the market as much. I feel that you can take many pages of this book and say that each one of those pages is worth far more than the price of admission. That is my honest opinion.

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