The prop trader's chronicles short-term proprietary trading strategies for both bull and bear markets

BA practical guide to profiting from the strategies of professional proprietary traders/b Today's technology allows traders to make faster, more price-sensitive trades and to better read the flow of market information and transactions'opening the way to a wider variety of short-term tradin...

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Bibliographic Details
Main Author: Chan, Francis James
Format: eBook
Language:English
Published: Hoboken, New Jersey John Wiley & Sons 2013
Series:Wiley trading series
Subjects:
Online Access:
Collection: O'Reilly - Collection details see MPG.ReNa
Description
Summary:BA practical guide to profiting from the strategies of professional proprietary traders/b Today's technology allows traders to make faster, more price-sensitive trades and to better read the flow of market information and transactions'opening the way to a wider variety of short-term trading strategies. iThe Prop Trader's Chronicles/i unveils these strategies and techniques, which have long been the province of proprietary trading firms and other professional stock traders. This reliable guide describes author Francis Chan's experience as a prop trader in an engaging narrative, but at the same time provides an in-depth explanation of strategies employed by proprietary traders utilizing direct access technologies, Level II quotes, time and sales feeds, and electronic communication networks. Along the way, you'll be introduced to a variety of strategies involved in the rapid day trading of stocks, including: scalping, rebate trading, and advanced reading of time and sales transactions to detect short-term swings. Chang also reveals how to use time and sales data as the modern-day equivalent of 'reading the tape.'ulliShows active independent traders how they can perform at a higher level by replicating the professional strategies of prop traders/liliOffers valuable insights on how traders can 'read the tape' and better detect short term market swings/liliDescribes a variety of prop trading strategies, from electronic scalping to statistical arbitrage/ul iThe Prop Trader's Chronicles/i provides a solid foundation for traders looking to improve their performance. With this book as your guide, you'll quickly discover what it really takes to make it in today's competitive markets
Item Description:Includes index
Physical Description:xii, 155 pages
ISBN:9781118282960
1118284682
1118282965
1118241088
9781118284681
9781118241080