Rating:  Summary: A Must Read For a True Beginner!!! Review: I have to say that trying to get started in Day Trading without reading this book first is a foolish mistake. I knew very little about the Stock Market or Day Trading before reading this book. I had very little capitol to start with and in just 2 months I have turned my $10,000 of trading capitol into just over $18,000 using Farrell's rules. Thank you Christopher.
Rating:  Summary: A "must read" for the novice day trader. Review: Chris Farrell dissects the Specialist system of the NYSE like no other book on the market. He drives home concepts, like "scalping teenies", with clear, concise and intelligent examples. Many of the day trading books on the market today push the volatile "tech" stocks as the best way to make money. Chris' emphasis on "hitting singles" off low volatility stocks is far more appealing, and prudent, for the novice trader. Trading for miniscule profits like sixteenths and eighths may not seem like a way to make a living, but Wall St. has been doing it for decades. Eight years ago this type of trading was not available to the public. Only with the advent of the internet has the day trader emerged and Wall Street's "teenies" must now be shared with this new breed of investor. I highly recommend "Day Trade Online" to anyone considering day trading.---How can I get more information on the "Farrell Preferred Stock Arbitrage Fund"?---
Rating:  Summary: WASTE OF MONEY.... Review: Don't waste your time and money on this .
Rating:  Summary: Thank you Mr. Farrell Review: It is nice to see how nervous this book makes every egotistical trader, market maker, or other wall street "professional" that didn't think this kind of information would be useful to the average investor. Obviosly the market can be unpredictable even with the safest of blue-chips, but I believe Chris' method enlightens people to the inner-workings of this once foreign domain and will allow people to eventually grow through experience while exercising commen sense and caution - key words commen sense and caution. Why do you think there's so much repetition? (this is at least needed for people below the Mason-Dixon line). Thank you Chris and look forward to the infomercial.
Rating:  Summary: excellent book - apply strategy to higher volume stocks Review: I've read Farrell's books several times and have been trading the way the book says for a few months - I made over $7,000 last month - I've refined the strategy to fit my risk profile - avoid illiquid stocks and stick with NYSE listed, more active low priced stocks instead- even ones that trade 1,000,000 shares a day are great, so long as they are below $10 per share - I really think it is the best daytrading book written because it caters to the online trader, not the high end daytrader- apply the teenies strategy to low priced stocks that have bottomed and you have a very good chance of making money - I have - and, avoid the dogs - for instance, a $5 stock that may have come down from $20 over a few days but has stopped falling and is picking up on high volume - stocks like that are done falling -the strategy works even better by lifting offers and then offer a 1/16th point higher on a limit - it is like initiating momentum - the genius of the this book is that the strategy exploits the online brokers - you can trade 5000 shares at a time of a $5 stock and make a 1/16th once a day and make out nice and really anger the online brokers in the process - my best trades are making 1/4's on 5000 share lots - buying a 5 3/8 and selling at 5/8 - thats $1250 bucks on a $10 trade commission - not to shabby - if it goes against you, just get out and lose a 1/16 - no big deal - thanks for a great book -
Rating:  Summary: Terrible book. May be a good intro to trading but thats it. Review: This book is really a waste of money. The system it recommends simply doesn't work. The only good thing is that people will buy it and thats good for day traders as the more suckers come in to the game, the more profits to be made by the experienced traders.
Rating:  Summary: I lost money - will you too? Review: I have been trading for four years, and I got very excited about this teenies technique. I tried it and lost money! The bid-ask spread moved down on me, and I had to take a 1/8 lost every time! If interest rates are moving up, you WILL lose money. If they are moving down, you may make 1/16th... The biggest problem may be that this book was prominently displayed at Barnes & Noble, and I guess that hundreds of copies are now sold, e.g., hundreds of people are trying it... The good thing is that you will not lose too much money, so go waste your time with this, and give it up, just like I did.
Rating:  Summary: Great!!!!!! Review: It works if you work it, that simple! Nothing in life comes easy. I find that most do not want to put in the time or the effort for success. Thanks for a book well written.
Rating:  Summary: *****Double your money in 10-20 Days using these techniques Review: Christopher Farrell is the ONLY person who has ever written a book about the stock market that makes sense. It's all there and it WORKS! Using Chris's Techniques on low cost stocks less than $1.00 you can double your money in 10-20 days. All the rest are dreamers if you have $50,000 to lose and you will certainly give it to the day trading firms.
Rating:  Summary: Over-Hyped No Substance Review: Put simply Farrell's system is a blueprint for trading losses and failure.I've been day trading since the inception of electonic day trading.This book is promulgating a trading method that is nothing more than electronic snake oil.Don't be suckered.
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