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There is a rumor going around here in Chicago that a clearing firm took a 47
million dollar hit.
Can anyone out there confirm this? If it is true, I would like to notify the
appropriate traders.
neal
-----Original Message-----
From: FelixTY <FelixTY@xxxxxxxxxxx>
To: Omega <omega-list@xxxxxxxxxx>
Date: Tuesday, October 13, 1998 6:30 PM
Subject: Re: Daytrading books
>Books depends on your level of trading evolution to be appreciated. The
>following is
>my order:
>
> 1. Tricks by Weintraub (shenanigans of the floor people)
> 2. Daytradng by Crabel (pattern analysis)
> 3. Turning Point by Angell (dissecting a trading day)
> 4. Daytrading Books by Howard and Abel separately ) psychology and
>tactics of already winners.
>
>Most of them gives you the background/trading environment of a day,
>except Crabel,w/c will give you more specific ideas on price
>action/pattern to germinate your own. Daytrading needs even stronger
>psychological grounding. While position trading you are more insulated
>from the trading floor shenanigans. For example your entry in only at
>the close.
>
>Normally to be succcessful, find a method first , then have the
>discipline/maturity to trade it well. simple but not easy. Takes some
>time and effort. Also ask yourself, if you are already successful
>already, THEN what will you do?
>
>Just my 1 1/2 cents worth.
>
>Cheers,
> Felix
>
>
>Dark Hacker wrote:
>
>> 1) If you had to own 3 books on daytrading what would you pick?
>> How about a book entitled Stock Patterns For Daytraders by a guy
>> named Barry Rudd. Any good? How about Neil Weintraub's Tricks
>> Of The Floor Traders?
>>
>>
>
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