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eBook The Undergroundtrader.Com Guide to Electronic Trading: Day Trading Techniques of a Master Guerrilla Trader download

by Jea Yu

eBook The Undergroundtrader.Com Guide to Electronic Trading: Day Trading Techniques of a Master Guerrilla Trader download ISBN: 007137440X
Author: Jea Yu
Publisher: McGraw-Hill (December 2000)
ePub: 1362 kb
Fb2: 1556 kb
Rating: 4.6
Other formats: lrf lit txt doc
Category: Work and Money
Subcategory: Processes and Infrastructure

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.

On his hugely popular Web site Undergroundtrader. Here, Yu dynamically transfers his methods for making daily, real-time recommendations to the printed page.

Yu, Jea. Publication date. Books for People with Print Disabilities. Internet Archive Books. the Friends of the San Francisco Public Library Collection Page. org on December 7, 2013. SIMILAR ITEMS (based on metadata). Terms of Service (last updated 12/31/2014).

Started Day Trading Futures and Option Indexes teaches beginning traders everything they need to . .Acknowledgments My primary goal is to present a series of comprehensive books on price action Trading Price Actio.Markus Heitkoetter : The Complete Guide To Day Trading™ √PDF. 91 MB·10,220 Downloads. 17 MB·11,165 Downloads·New! Expert tactics to become make the most of every swing trade In Mastering the Trade, veteran trad. Day Trading and Swing Trading the Currency - Trading Software.

Jea Yu is a master trader who writes from a position of experience and not theory alone. This is the best book among twenty other day trading books that I read. Great chapter on Market Makers ( AX, different tactics by them)

Jea Yu is a master trader who writes from a position of experience and not theory alone. Jea teaches us to become 'snipers' keeping our powder dry and waiting patiently until all indicators (fully explained) are in our favour. Only then do we 'pull the trigger' and enter a trade. I'd have gladly paid many times more to obtain the secrets in this book as Jea passes on so much information that one might only begin to learn alone through making many costly mistakes. Great chapter on Market Makers ( AX, different tactics by them). Other chapters are just as valuable to making money.

Then let Jea Yu's The Undergroundtrader. I'm not sure what I expected from a book about electronic trading from the year 2000

Then let Jea Yu's The Undergroundtrader. com Guide to Electronic Trading teach you the advanced tools and techniques of today's most successful traders. I'm not sure what I expected from a book about electronic trading from the year 2000. It's certainly dated (he recommends using a Pentium III and a 56k modem) and most of the advice needs to be redefined in light of changes in the past decade.

Jea Yu is cofounder and managing partner of Undergroundtrader. The Undergroundtrader. com Guide to Electronic Trading: Day Trading Techniques of a Master Guerrilla Trader. A popular speaker at trading conferences nationwide, Yu has written articles for industry journals including Active Trader and Online Investor and also created two top-selling trading videos, Level 2 Trading Warfare and Beating the Bear. Russell Lockhart, P. is primary instructor and technical analyst at Undergroundtrader.

Jea Yu - 'The UndergroundTrader. Jea Yu - 'Level 2 Trading Warfare (The Underground Trader's Powerful Weapons for Winning)'. Jea Yu - 'Beating The Bear (Short-Term Trading Tactics for Difficult Markets)'. Jea Yu - 'Swing Trading Secrets (Inside The Underground Swing Trade Method)'. 2 MB Views: 25. Jea Yu - 'Short-Term Profit Hunter (Stochastics, . 's & The Mindset To Make You a Winning Trade. 59. KB Views: 21.

Day Trading Books For Beginners. 1. A Beginner’s Guide To Day Trading Online, Toni Turner. 2. Start Day Trading Now: A Quick And Easy Introduction To Making Money While Managing Your Risk, Micheal Sincere. 3. Day Trading For Dummies, Ann C Logue. This book is less of a guide and more information on every day trading topic under the sun. You won’t get detail, but that also means you shouldn’t get lost.

The Undergroundtrader. com guide to electronic trading. Jea Yu. 0 Mb. Category: economics. 5 Mb. Category: F Finance, FT Trading. 598 Kb. 2 Mb.

Discussion in 'Trading' started by ROCK SOLID, Apr 25, 2003. BEST BOOK I EVER READ!

Discussion in 'Trading' started by ROCK SOLID, Apr 25, 2003. BEST BOOK I EVER READ! Apr 25, 2003.

Comments: (7)
I was a little suspicious when I ordered this book. I thought the other reviews were written by friends of the author given only 5 reviews at the time I ordered the book, and they were all five stars. What hell, it is only a round trip commission . . .
Wow, I was wrong.
In my opinion, this is the best book on scalp trading I have ever read. Those who are not scalping for 1/4's and 1/2's may not find it to be the best thing since sliced bread, yet the principles here can be easily applied to all aspects of trading. Most importantly, the book is filled with professionalism, you know it was written by a professional trader as soon as you open it. Hell, it almost feels like it was written by my mentor's day trading alter ego! It kicks off with a line straight out of art of war, it emphasizes on the fact that trading is a zero sum game, survival of the fittest, it also made very clear statements that 90% of the traders lose money, back cover AND very first pages of the book!
It tells you everything from the equipment/broker you need (straight out of Golfbiz's living room) to the recommendation of a trading journal! The book has a truly enlightening chapter on Market Makers, covering who they are, what they do, and their bag of nasty tricks. (After ( ) and this book, I feel most people on this board has no clue what a market maker CAN and CAN NOT do, I highly recommend this book because it provides some amazing insights not found in any other book I read. It only covers 3 minute moving averages (curiously 5/15 SMA, reminds me of VicLee) and 1 minute stochastics, and most importantly, how those two indicators can be combined with Level II screens. You learn everything from watching index futures and how they really work to institution buying programs and how they affect a day trader.
I was afraid that this book may be a loud advertisement for ( ), yet I was pleased that throughout the entire book, the site was NEVER mentioned as blatant advertisement. In fact, 90% of the book has NOTHING to do with the site at all. In the end, there is a two day minute-by-minute journal of a profitable day trader, covering everything from pre-market to closing bell, his winning and losing trades, and only in this chapter you will see the mentioning of the site, even then, you can see that the day trader only uses the site to bring up interesting stocks to watch on his radar, and he uses his OWN instincts to decide entry and exit points.
Finally, this book is UP TO DATE, you will recognize every single stock mentioned in this book, one of the examples mentioned the addition of YHOO to S&P 500, and how it gapped up in afterhours, faced severe selling pressure in the morning, and how MSCO (Morgan Stanley) the market maker simply single handedly took on the world and HELD the BID at 300, eventually the stock closed at 350 . . .
The book is VERY hardcore, the author left out all the fluffs and gave you nothing but hardcore material. That said, it is very readable and very concise, the perfect type of learning curve/speed for me, may be a bit fast for others.
Also, it is rather narrow in scope. This is not reading 700 charts a night, this is focus on a small basket of stocks. The author recommends identifying the AX (leading market maker) and watch them closely for hours or even days before jumping into the stock (for new day traders, veterans can speed things up). Bottomline, this is not my mentor's "commander of an army" trading style, this is more like "camp out in the bushes with a sniper rifle" approach.
Finally, I find the book to be a bit short, 200 pages, too easy to read for me, finished it on a rainy Saturday dreaming about the princess, yet, it is quality over quantity here, very little repetition, very little fluff, just pure day trading goodness.
A novice should probably read that fluffy Toni Turner book to get an idea of the lingo, but no one should contemplate day trading without reading Lu. This book is a detailed description of the intricacies of no-nonsense, hardcore daytrading, written by a consistently successful practitioner.
I have read dozens of books on trading and this is the only one that I read again within one week of finishing it for the first time. It's simply too good to store on a shelf. Read it, learn from it, read it again, profit from it.
To use an old cliche, the small amount of money spent on this book will be the best investment you'll ever make. I'm not kidding. Read Toni Turner's sappy book if you must, if you're new to the game, but don't open an account until you read Jea Lu. His explanation of Level II screens, the use of stochastics and moving averages, and his advocacy of zero-emotion trading are all gems, which alone would be worth the price of the book.
I'm currently re-reading it, cover to cover, for the third time.
This is without a doubt the best. There is NO other book that actually expains this business in real life terms with real life situations. This is not just an explanation of daytrading history and surface level explanations of what is going on in Level II, this actually presents how specific techniques are applied and how to remove the maximum amount of risk from your entry point.
Read one the history books first and then attempt to tackle this one but DO NOT trade live without reading this first. The order routing section (the ONLY one with actual usage suggestions for certain situations) alone will save you a 1/2 point when the panic selling/buying shows up.
Must of what this book did for me was to open my eyes to a lot of concepts I did not have. The book is a good explanation of what it is done daily at their web site. If you are planning to start day trading this a good book to read. A lot of pages spent trying to explain level II and the market makers. Another good part of the book explaining the stochastics, but the parameters mentioned in the book to setup the graphs were not the parameters used at their web site. You wont know the parameters until you're a paid subscriber to the web site. The best chapter is probably the apendix where the 3PB method and target trading is described.
Excellent! Yu gets to the core of how to daytrade successfully. If you combine his knowledge with the traders interviewed in "The Best" written by Kevin Marder, you will have a large edge over most of Wall Street.
Jay's book is great but I got to tell you that the book alone won't make you a great trader. It does help though. I am a member of his website and I can tell you many many people have lost their pants trading based on his style and system. There is no holy grail. Jay does present a realistic picture of daytrading but its silly to think that a book can make you a great trader. You need to immerse yourself for about 2 years, make mistakes and learn before you can become a good trader. Jay's book is only to get your feet wet and his style is purely on momentum without regards to in depth technical analysis.