"You have two choices, buy this book or attend a $5000 course on cyber-trading. I'd take the former." - Floor Trader And Author Tricks Of The Floor Trader: Trading Chicago Style, Neal T Weintraub
"the best guide available on how to use the internet to improve investing performance and reduce costs."- Internet Investor
A mere ten years ago, few people could have imagined a global network connecting everyone and everything, providing a boundless data stream, accessible to all, at virtually no cost. The Internet has redefined the scope of communications, day-to-day living and business.
It is this profound impact that makes Alpesh Patel's Trading Online such an important book for those of us who make our way in the global trading community. Trading Online is the road atlas to cyberspace, identifying the most direct routes to high-quality, low-cost information for the online trading of financial instruments. By taking the time to read Trading Online, readers will save hours of time lost on the back roads and blue highways of the Internet.
"synopsis" may belong to another edition of this title.
Trading Online: Some Day We Will All Trade This Way
Fully revised and updated for a new millennium, the second edition of Alpesh Patel's classic maintains that it's still cheaper to deal online and builds on the original blueprint to show how the average investor can join the growing army of market players who are accepting the fact. Partnered with the techniques and strategies of Net Trading, these books represent a formidable market toolkit.
For many the Internet remains a mystery. Trading Online helps unravel the mystique. To begin with it discusses what is needed to start out in Net dealing, describing not only the gear you need, but also looking at service providers, browsers and the like. Then it's into the action, with Patel advocating three main advantages of not being a trading Goliath--the ability to sit tight with no-one looking over your shoulder, the control you have over decision making: "You are the trigger man. it all depends on you and you alone", and the assertion that the greater availability of information puts the private investor almost on a par with the professional.
Product choice is also of key importance and advice is given on the questions to ask and where to find the best type of data for your chosen type of trading. In a no-nonsense easy-to-read style Patel takes you through the complexities of business analysis and trading strategy and the essential skeleton plans and action plans--"the unspoken aspect behind successful and professional trading." There's a wealth of material, too, on Web sites that will be useful to the investor, and what is offered by online brokers. And there's useful information on further reading as well as options analysis software. A book for the beginner as well as the more experienced online trader. In itself a worthwhile investment. --Jake Bond
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