Description
Book SynopsisThe basic skills for becoming a successful trader from a master of the game Written by Fausto Pugliese (founder and CEO of Cyber Trading University) this must-have resource offers a hands-on guide to learning the ins and outs of active trading. How to Beat the Market Makers at Their Own Game gives professionals, as well as those relatively new to investing, a behind-the-scenes look at the inner workings of the marketplace and a comprehensive overview of basic trading techniques. The book explains how to apply the trading strategies of acclaimed trader Fausto Pugliese. Step by step the author covers the most common market maker setups, shows how to identify market maker traps, and most importantly, reveals how to follow the direction of the lead market maker in an individual stock.
Throughout the book, Pugliese puts the spotlight on Level II quotes to help investors understand how market makers drive prices and manipulate the market. This handy resource is fille
Table of Contents
About the Author ix
Introduction 1
Chapter 1 The Direct Connection 5
Chapter 2 The Stock Markets 11
Chapter 3 Going to the Next Level 15
Chapter 4 It’s a Matter of Execution 19
Chapter 5 Picking Tradable Stocks, Part I 27
Chapter 6 Picking Tradable Stocks, Part II 37
Chapter 7 Time and Sales 49
Chapter 8 Ignorance Is Bliss 53
Chapter 9 Finding the Ax 59
Chapter 10 Charting a Course 65
Chapter 11 Watching the Trends 71
Chapter 12 Making a Game Plan 81
Chapter 13 Your Trading Day 85
Chapter 14 Trading Rules of the Road 93
Chapter 15 How to Be a Successful Trader 103
Chapter 16 The Best Trading Tools 121
Afterword 131
Index 133