The Undergroundtrader.com Guide to Electronic Trading: Day Trading Techniques of a Master Guerrilla Trader
Product Description
On his hugely popular Web site Undergroundtrader.com, Jea Yu tells traders how to stand firm, trust their instincts and knowledge, and grab the day trading profits they deserve. Traders trust Yu’s hard core, just-the-facts perspective to cut through the fluff, hype, and misinformation, and deliver effective trading tips and strategies on techniques, order routing, technical analysis, market maker activity, and more. Here, Yu dynamically transfers his methods for making daily, real-time recommendations to the printed page. Traders will derive instant benefit from Yu’s straightforward, Web site-driven analyses including: *
Vital and detailed information on the different stock markets *
Techniques to profit from IPOs and Internet stocks *
A day in the life of a successful electronic trader… More >>
Popularity: 2% [?]
This book is little more than a hastily thrown together rehash of information commonly available on the internet for free. Hopefully the author is better at trading than writing… but I suspect if he was, then he would be trading instead of trying to jump on the “how to trade on line” bandwagon. Book is poorly organized in my view and provided little information a real trader could use.
Rating: 1 / 5
This book is simply fantastic.
The value of its information is about as huge as Sun-Tze’s “Art of War”.
Thankful and honest respect for this one, Mr. Yu!
Rating: 5 / 5
There are much better books for daytrading. This one is totally useless for anyone with more than 2mos of day trading experience using direct ECN’s. I don’t think the author even understands the market maker games well. Don’t waste your time with this book if your goal is to make more than $500/day after commissions.
Rating: 1 / 5
As the field of day trading grows larger the quality of the books keep improving. Usually, successful traders are reluctant to give out their methods. Especially where they have make a business of providing this advice. This book is an improvement on the orginal self published text of a few years ago. It provides and highlights indicators and methods all day traders should be know. It is extremly valuable for those with limited experience.
Rating: 5 / 5
No real value in this book. The chat service is horrible. Everyone is losing money there. Buy Oliver Velez and Greg Capra book, Tools and Tactics for the Master Daytrader, and subscribe to their services. They have over 65,000 members world wide. That tells ypou something. Obviously when you have that many members, most of them make money or they would have left, wouldn’t they? Compare that to the 400 members of Jea Yu site. do you see what I am talking about? Pristine is the only way to go.
Rating: 1 / 5