Rating: 
Summary: Daytrading for Dummies
Review: This book should have been titled "Daytrading for Dummies". As mentioned in many of the other reviews, there is way too much repetition, even if you are a real dummy. Nevertheless, like the real "for Dummies" books, this one IS good for beginners. It is a good primer for naive, wanna-be daytraders. Market newbies that try daytrading will lose money, but if they read this book, they will at least lose less money. Unfortunately, most of the trading strategies in the book only apply to the NYSE and Amex. It will probably not work in all the other markets, including the Canadian markets. Fortunately, I was able to adapt the concepts in the book to develop my own successful trading strategies. In the Toronto Stock Exchange, specialists (known as Registered Traders - RT) do not individually manage all orders being entered into the book. Every member firm has their own electronic access to a stock's book and send orders directly into that book. Consequently the RT does not have the same "manual" obligations to client orders as in the floor-based NYSE. In the repetitive examples cited by the author, the individual client will only get priority over the RT if both orders are being sent in from the same firm. If the client's order is from another member firm then the RT retains his/her priority.
Rating: 
Summary: Mr.Farrell seems to truly feel our pain.
Review: He tells unhappy nine-to-fivers what they want to hear most. He shows an amazing artistry in painting the ideal picture of life, so he is no doubt going to be forgiven by many for ignoring the facts and the truth. What puzzles me most, however, is the reason why he has not yet joined Bill Clinton's PR machine at the White House. He could have a far more brilliant career there than "prospecting for gold in the land of 1/16s".
Rating:
Summary: A good intro for the novice; wordy
Review: Chris' book is well intentioned, but wordy. The repetitiveness is probably a benefit to the novice, but the detail can become somewhat excruciating. The book's content dealing with the bid-ask spread and the method Chris uses to exploit it could easily be explained in two pages. Note: It can be interesting (for a little while) to watch the slow-moving stocks mentioned in this book in real-time because it is a reflection of the market in slow motion.
Rating:
Summary: Don't waste your money
Review: If you took out all the repetitive statements, you'd be left with a pamphlet. "Picking pennies from under a freight train in motion" is the best summary of this book.I'd bet he's made more money from the book than trading. I hope none of the "dummies" reading his book actually employs his methods. Daytrade Online for Dummies is a better title. Caveat Emptor (Buyer Beware).....
Rating: 
Summary: Good introduction to trading, but repeats too much
Review: This book helped me "get a feel" for the market, but that is about it. The strategies may work, I haven't tried yet. You must know, though, that the book would be 100 pages if all the repetition was removed. I feel that the book was stretched to 200 + pages to make more sales, not because of content.
Rating:
Summary: Poorly written.....Don't quit your day job yet.
Review: For one if we all started utilizing this technique we would be competing against eachother for the golden 16ths this book advocates are just waiting to be had making it virtually impossible to do. (And you thought those docile sleepy mkt makers of the ever unaffected reits and utility stocks would be the only wrenches in the works.) And second; why would an author write a book creating tremendous competition for himself at what he does for a living. Writing a book about grabbing these 16ths from professional mkt makers who closely guard and watch their spreads would be the last thing he would want to broadcast to the world especially if he is making the 300k/year he claims to be making with his method. (I seriously doubt this poorly written book will bring in THAT much for him by comparison.) Proceed with great CAUTION. The stock mkt is a barracuda industry with NO mercy. Be smart.
Rating: 
Summary: I wish I had read this book before I made my first trade!!
Review: After reading this book I realized that I was once one of the investors that the maket loved to take advantage of. This book opened my eyes. A great book!! I have done very well using the strategies that he recomends. god bless chris.
Rating: 
Summary: A Good Basic Description of how the stock market works.
Review: I have only been day trading for a couple of months, but I found some of Farrell's theories and techniques useful. The book does have a few gramatical mistakes that anyone would notice, but if you are concentrating on these then you probably missed what the book was telling you. I would recomend this book to anyone whom is thinking of entering the world of online trading.
Rating:
Summary: What's with the negative hype?
Review: How is it that so many of your are so negative in your review? I could care less if the book makes me laugh, or is any work of art. I only care if it works, and I make money. Yes it is repetitive, but that's because the info is important. Having daytraded for over a year now, using several techniques, including high speed execution systems, I prefer Farrell's techniques. If anyone really knows a better system or has a reason why they think his technique doesn't work, I'd like to know. I've been trading 2000 share blocks for 3 months now and I easy pay for the cost of the book every time I trade. Could it be that most people don't have the capital to trade profitably or just don't want anyone to know how powerful his techniques are?
Rating:
Summary: Great Book for Beginners, but it's not Perfect
Review: Chris does an excellent job explaining everything from the perspective that you are a new invester/trader. It's an excellent book for beginners & new traders. He offers predominantly 2 specific techniques on making small amounts of money on low volitiliy NYSE stocks over and over. But apparently many day traders disagree with doing it this way, hence the many negative reviews. However, Chris restates his major thoughts & concepts over and over, at least 20 times each (not exaggerating)(at least you won't miss them). This may get old for a sophicated invester. His organization of the book could be better: his outline/main points could be better organised & listed, and better highlighted. Also, he does not mention any specific online discount brokers nor quote services to look at, which a new trader would need to have. Also, no specifics were mentioned as far as minimums for your computer specifications, which would be helpful. On page 213 he mentions another strategy but does not give enough details for you to use it. Overall the information is excellent, even though there are some shortcomings. His philosophy of a little bit here & there makes more sense than everyone elses get rich quick schemes/systems. But does his stategies actually work? You'll have to try them and find out.
| 
