Description:
Technical analysis -- the analysis of price, volume, and supply/demand imbalance -- has been a staple of serious traders for decades. Now, The Day Trader's Guide to Technical Analysis shows traders already familiar with charts and charting how the well-known, time-honored rules of technical analysis can help uncover tremendous profit opportunities in today's fast-action, wide-open electronic day trading environment.
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Trading professional Chris Lewis illustrates his methods through a week of sample trades, explaining what wins, what loses, and why. Details covered include:
-- In-depth explanation of Nasdaq Level II screens and time of sales
-- Strategies to get the best price for any trade -- buy or sell
-- Discussion of trading psychology, with proven rules for maintaining discipline
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