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Re: TRICKS OF THE TRADE



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Thank You for your quick response to my novice question.
The book you mentioned by Barry Rudd is "Stock Patterns for
Daytrading"(1998),on your advice and endorsement I'll have to read it.

I guess to be more specific on what I'm looking for, I'm also looking
for something I can use with end of day data. Like many folks getting
into this I have a full time profession (optometrist)and can't sit and
watch a computer screen all day, or at least I couldn't justify the time
unless I could consistently profit. I do own tradestation 4

The main thing that caught my attention with the "tricks of the trade"
course was that using one of the methods you buy in to a stock being
affected by earnings reports of upgrades at the open then sell it about
a half hour into the trading day,hopeing to "scalp" 1-2%...then go off
to your regular job. Is that realistic? I could play daytrader and keep
my original line of work. Perhaps the book suggested would cover that
stratagey at a fraction of the cost. book-$95...course $877.


Thomas Beck wrote:

> 
> Hello all!
> 
>      I have been a member of this list for about a year now, but this is
> my first posting. Like most everyone else I'm looking for that way to
> learn the ropes of short term stock trades. I've been searching for a
> way to consistently take advantage of short term moves (who isn't).
>      There are plenty of people looking to sell dreamers like me a
> "system".What I'm looking for is a real world practical education. I'm
> not completely new to tradeing, and have had some success up to this
> point, but mostly due to dumb luck, like being in on that latest AOL
> move.
>      In my searches, there is a site called "tricks of the trade" by
> Jack Carter" that seems to offer what I'm looking for. The sales pitch
> is slick...too slick, reminds me of those breathless newsletter offers
> we all get in the mail. For me red flags go up any time I start hearing
> "bonus free reports-with membership","act now offers",and "Its easy to
> make money in the market, anybody can do it claims".
>      I've wasted money on courses before and would prefer not to repeat
> my mistakes they were either exaggerations of simple ideas or too
> complex and theoretical for practical use. Does anyone have any
> experience with this course, is it for real. Is there a similar course
> or book that would be better.
>                                Thanks in advance for any response
> 
> no affiliation with the above course
> 
> thombek@xxxxxxx