Day Trade Futures
Online by Larry Williams
For
those who are well suited to day trading and short-term trading, the
futures market is one of the best games in town. As the original
short-term vehicle, the futures market allows the trader to collapse the
time frame in which he or she can reach the desired profit target--or
pain threshold. As a result, wins and losses are compounded much more
quickly than in stock trading--and, in the case of wins, often more
profitably. The ability to gain leverage with very little on margin
gives you, the trader, the ability to earn more off smaller swings. And
enough home runs could allow you to become your own boss, work from home
in your bathrobe, or even work from your cell phone while lying on the
beach. So far, so good. But what does it take to win?
In Day Trade Futures Online, award-winning
veteran futures trader Larry Williams gives a no-holds-barred view of
the risks and rewards of this increasingly accessible arena. His
straightforward approach to helping you determine your trading
personality is the first step. Then he offers traders what they really
need: strategies and tactics designed to beat the futures markets. From
hardware and software setup to trading psychology and successful
strategizing, this highly readable book covers all the bases needed to
prepare you to trade online, including:
Assessing your risk threshold Streamlining the
glut of trading and price information to make it work for you The
importance of knowing how to manage your money Choosing an online broker
and utilizing other online resources, such as news, chat rooms, and
message boards When to get out of your trades Building a system based on
Larry's time-tested strategies
. . . and that's just for starters. Also
included are an appendix of basic futures concepts and a select
bibliography of some of the best learning resources. With good humor and
brutal honesty, Williams guides you in building the trading system that
will work best for you.
GET IN ON THE ORIGINAL
SHORT-TERM GAME WITH BIG-TIME PROFITS
With unflinching honesty and decades of trading
experience, award-winning veteran futures trader Larry Williams lends
his expertise to the many aspects of futures trading online, including:
Winning strategies Determining your trading
personality The art of using the Internet Hardware and software
solutions History and development of short-term trading
Praise for Larry
Williams and day trade futures online
Larry Williams, the
astute and experienced trader, has presented the reader with many
computer-tested patterns that should give one an edge up in the hard
world of day trading. He not only gives the patterns, he explains the
'why' of market action and what it takes to be successful from a
psychological and money management standpoint. This is one of the best
practical books ever written on trading by a veteran trader. Buy it.
--John Hill, President, Futures Truth Co.
Larry possesses an
incredible talent to differentiate between what is important in life as
well as in the markets. In his book, he shares insights into market
behavior and short-term price dynamics that are useful to beginning and
experienced traders alike. Whereas most day trading books merely discuss
the market in generalities, Larry focuses on computer-tested techniques
that can actually help make traders profitable. This is Larry at his
best and finest!
--Tom DeMark, President, Market Studies Inc., author of New Science of
Technical Analysis and New Market Timing Techniques
Day Trade Futures
Online is another must-have Larry Williams trading book. That's because
nearly all the profitable futures traders I've known have attributed
their trading success to an idea or concept learned from Larry. When
Larry speaks, you better listen.
--Gary Smith, author of How I Trade for a Living
About the Author
LARRY WILLIAMS is the all-time winner of the Robbins World Cup
Championship in Futures Trading where he turned $10,000 into $1,100,000
in twelve months--mostly by day trading. His newsletter has consistently
been in the Commodity Traders Consumer Report's top five in their total
net profit category. He has been profiled in Barron's, the Wall Street
Journal, Forbes, Fortune, and countless other publications. His other
books include Long-Term Secrets to Short-Term
Trading (Wiley).
TABLE OF CONTENTS
Introduction I
part one - pre-game
chapter 1
what you need to got started
chapter 2
all about brokers
chapter 3
internet resources
part two-the show
chapter 4
volatility breakouts-the momentum breakthrough
chapter 5
the theory of day trading
chapter 6
patterns to profit
chapter 7
separating the buyers from the sellers
chapter 8
attention, day traders
chapter 9
special short-term situations
chapter 10
when to get out of your trades
part three
strategy and summary
chapter 11
thoughts on the business of speculation
chapter 12
money management-the keys to the kingdom
chapter 13
a word in closing
appendix a
a futures market primer
appendix b
recommended reading
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Day Trade Futures Online by Larry Williams
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