The Compleat Guide to Day Trading Stocks

Day trading is Wall Street?s hottest trend and, in The Compleat Guide to Day Trading Stocks, famed futures trader and author Jake Bernstein turns his attention, knowledge, and experience to the exciting world of stock trading. Bernstein covers timing systems, trend following systems, breakout systems, and more?all illustrated with chart examples based on intra-day time frames, and supported by results from his meticulous, historically accurate back testing. Basic enough for novice traders?yet with enough detail for the most demanding market veterans?Bernstein?s book gives day traders the tools they need to succeed in this fast-paced, relentless market. Special attention is given to:

• Day trading the technology sector
• Risk management and diversification
• Little-known nuances of order placementJake Bernstein (Northbrook, IL) publishes MBH Weekly, a newsletter covering the commodities and futures markets.

Author of The Compleat Day Trader and Strategies for the Electronic Futures Trader, Bernstein is a popular speaker at trading seminars and regularly appears on radio and television.

The Compleat Guide to Day Trading StocksJake BernsteinFrom the bestselling author of The Compleat Day TraderA Thorough, Real-World Education in Successful Stock Day Trading?From Famed Futures Market Analyst Jake Bernstein The Compleat Guide to Day Trading Stocks Using specific examples, illustrations, and discussions, supported by clear, concise charts and historical tests, Bernstein?one of the best-known voices in the futures industry?explains how to design and implement your own stock day trading system and methods using:

• Timing, trend following, and breakout systems
• Chart patterns
• Stochastics
• Support and resistance concepts
• Gap methods
• Hit-and-run trading
• Oscillators
• One-hour breakout signals and parameters
• Computerized short-term trading
• MAC methods
• and more

The Compleat Guide to Day Trading StocksJake Bernstein Jake Bernstein has been a trader, market analyst, and author for over 30 years. He understands what?s necessary to beat the markets. Now, in The Compleat Guide to Day Trading Stocks, Bernstein applies his highly researched technical analysis and trading skills to today?s fast-paced world of stock day trading.

• Categories of trading systems?trend-following, market patterns, breakouts, and more?that are ideally structured for trading stocks
• Practical considerations?starting capital, hardware, software, risk versus reward, and more
• Easy-to-follow rules?modified from their use in the futures market?for trading price gaps
• Historically back-tested ways to increase accuracy and sensitivity with moving average indicators?while overcoming MA limitations
• Basic methodology and operational procedures for using one-hour breakouts (OHB) to day trade active stocks
• Formulas and procedures for spotting "clean" signals using moving average convergence/divergence (MACD)
• Operational and objective rules for monitoring stocks?and spotting trading signals?via the momentum divergence method
• Psychological aspects, including the dangers of forecasting and ways to recognize and break destructive trading habits About the AuthorJake Bernstein is the author of over 35 market books as well as a 30-year veteran of the stock and commodity markets.

He has been a guest on numerous television shows including Wall Street Week, appears regularly as a market commentator on radio and television, and has written for a number of prominent financial publications. If you have questions about the systems, methods, or indicators presented in The Compleat Guide to Day Trading Stocks, please feel free to write Mr. Bernstein at JAKE@2chimps.com.

Contents

• To Trade or Not to Trade.
• Let the Game Begin.
• Big Movers, Big Winners, Big Losers.
• The Technical Approach: Timing Indicators, Systems, and Methods.
• Gap Methods for Day Trading.
• Intraday Application of Stochastics.
• The Open Versus Close Oscillator.
• One-Hour Breakout (OHB).
• Computerized Short-Term Trading with Support and Resistance.
• Grabbing Small but Consistent Intraday Moves with the MAC.
• Day Trading with the MACD.
• Developing Your Own System (s).
• Momentum Divergence.
• Practical Considerations of Stock Day Trading.
• The Psychology of Day Trading.
• Putting Your Knowledge into Action.
• Glossary of Day-Trading Terms.