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Better Trades Books: Trading Books

maximum Gain

A good place to enhance your success in the stock market is by reading "Maximum Gain from Every Trade: Predicting Price Targets and Exit Points." The book was written by Toni Hansen and takes steps to show you how to learn to be a better trader. With this book you'll understand many concepts that are important when trading in the stock market. If you can master the author's strategy, you will indeed be able to squeeze the most profit out of each trade.

The tips for technical analysis contained in this trading book are designed to help you become a more productive trader. The ability to use technical indicators can help you time the most profitable places to enter or exit a trade. These indicators allow traders to learn how to identify the most accurate price targets and pull in the bulk of the profit in any trade. Hansen also teaches how to spot likely reversal points, which will help cut the number of losing trades.

The author is a full-time trader and popular speaker, and who also writes a column for various publications. She has developed a method designed to help a student manage an open positions with the intention of making the most profit possible. Advice from qualified authors like Hansen can be very helpful, especially to newcomers looking to become a better trader.

Hanson's book focuses on helping the reader gain an understanding of price action, support and resistance, and pace, with attention placed on how each of those factors can affect a trade, for the better or worse. She has a section on trend analysis and how it can be used to comprehend the potential target in a trade. And since every trader is looking to make money, Hanson will get your attention with the publication of basic price patterns that consistently earn money.

By reading this book, a student will come away with a base of understanding that can be used in a bull or bear market. The trading style taught by Hansen can be used in most market vehicles: stocks, futures, options, exchange traded funds and foreign currency.

In addition to the book, Hansen has also produced a 90-minute DVD. In addition to the inclusion of the many profit-making strategies in her trading book, the DVD includes a discussion on the issues of how to adjust stops and how to use trailing stops. A student at BetterTrades University will definitely benefit from adding to their knowledge about stops, which can be an overlooked facet of trading.

Electronic Day Trading

The idea of learning day trading is appealing to many people. The concept is to buy and sell stocks in real time, taking advantage of small price moves to produce big profits. Day trading can be an exhilarating endeavor, a stock market thrill ride, for those who are prepared. One book written to help students better comprehend the concept is David Nassar's volume "How to Get Started in Electronic Day Trading."

The book was written to help the reader learn how to become a better trader. With this book someone interested in day trading can get an understanding of how it works from an author who has spent years in the field. Nasser and his firm (Market Wise Trading) have been pioneers in providing Electronic Direct Access Trading (E-DAT) to investors and traders, both online and through the firm's branch office system. The book does make day trading seem appealing, but points out that it also has its bad moments and sometimes is more akin to gambling than it is trading.

Nassar details the steps any student should know before they get involved in electronic day trading, including the trading rules established by the Securities and Exchange Commission that restrict transactions unless accounts have a minimum amount of funds. A newcomer who doesn't understand the rules will have their day trading career come to a quick close.

In this trading book, a Better Trades University student will discover the importance of using the proper trading equipment; a traditional online brokerage account isn't fast enough or properly equipped to permit successful day trading. Nassar's book points a student toward the proper navigational aids needed to make profits.

Students must also alter their thinking when they enter the day trading arena. Nassar encourages them to think like the NASDAQ market makers and shows how such a change in the thought process is possible. He points out the various strategies and helps students identify the style that will allow them to be a better trader.

"How to Get Started in Electronic Day Trading" will show any student how to cut out the middle men and trade directly with the exchange specialists and market makers.