Rating: 
Summary: Delve into the minds of New Age Day Traders!
Review: For those of us that have read every book on trading that has been written but found the material to be a bit outdated this is a refreshing taste of reality. DayTrader secrets is the "Market Wizards" for the new generation of traders, it allows the reader to understand what successful traders monitor on a daily basis. The best thing about this book is that the traders themselves explain how they became profitable or brought themselves back from deep holes that many of them dug at the beginnings of their trading careers.....I highly recommend this book.
Rating: 
Summary: A Trader's Book
Review: Full disclosure: I've been a Daytrader for seven years (and still am) and trade through Marc's firm. That said, I love the book, even if it is a little dense at time, but, hey, that's the price you pay for learning from real traders in one of the toughest games I've ever been in. What really shines is he gives you a variety of styles of trading so you can match up your personality with a successful trading style. It's tough, but read it and re-read it until you understand it. It will help your trading.
Rating:
Summary: Good Book
Review: I really enjoyed reading this book. It gives the real-deal experience of professional day trader's. I also like Schwager's book Market Wizards.
Rating:
Summary: The only problem with this book is the title
Review: I think a lot of people were mislead by the title, thinking these traders would just give away some holy grail method to make millions of dollars. Nobody's giving away any secrets. Don't forget, once the opening bell rings, these guys are trying to take your money.What you will get is a peek into the minds of some of the most successful traders in the market and you will notice a lot of common characteristics. If you want to make money in the market, you need to learn from the people who do (not just the ones who say they do.) Recently, thousands of people paid $200 to see some of these guys talk for a few minutes out here in Ontario. You get a more in depth interview for less. Like the other reviewers, I don't recommend this book until you become familiar with trading terminology. If you're a novice looking for insight as to what daytrading will be like, I recommend you read Dumb Money by Joey Anuff and Gary Wolf.
Rating:
Summary: The only problem with this book is the title
Review: I think a lot of people were mislead by the title, thinking these traders would just give away some holy grail method to make millions of dollars. Nobody's giving away any secrets. Don't forget, once the opening bell rings, these guys are trying to take your money. What you will get is a peek into the minds of some of the most successful traders in the market and you will notice a lot of common characteristics. If you want to make money in the market, you need to learn from the people who do (not just the ones who say they do.) Recently, thousands of people paid $200 to see some of these guys talk for a few minutes out here in Ontario. You get a more in depth interview for less. Like the other reviewers, I don't recommend this book until you become familiar with trading terminology. If you're a novice looking for insight as to what daytrading will be like, I recommend you read Dumb Money by Joey Anuff and Gary Wolf.
Rating: 
Summary: Electronic Day Traders Secrets
Review: In short I would say the book is ok. The book is dominated by young guys who have not been trading for even five years. They have not traded a secular bear market, a secular bear market for tech stocks, had to deal with decimalization, or have had to deal with incredibly rangebound and lackluster markets of years past. While not doubting the talent or the results of the traders interviewed in the book, I would like to see where everyone is in 2010. This book was written in the sweetest spot of the NASDAQ market most of the traders, myself included, will probably ever see in our life times. If you are a new direct access trader this book is worth a read. If you are an experienced trader just trying to continually polish your game-I'll save you a 250 page read and twenty-some bucks. Cut your losses, let your winners run, be disciplined, use instinct, be a fast typer, trade with the trend, get long stocks in a strong market, get short stocks in a weak market, don't monetize your trading results, don't let your ego get in the way, and the market is always right. These phrases were repeated over and over. You just learned the lessons of this book without having to read 250 pages.
Rating:
Summary: Testimonials and perspective - a good read!
Review: In short, I will add to the list of reviews that this is indeed a good overview of what daytrading is and is not. The traders in this book give honest evaluations of their success and failures, why and how either occurred, and tips for the new and experienced. Overall the book is a great read. Most of this book details the psychology of trading, how one must have self-control, while it also gives some perspective on strategy. It is not a how-to, and yet I do not believe that one can exist. Day trading is a very individual experience, and it requires a very specific array of skills and focus. "How-to" books on this subject would accordingly vary as much as the various individuals who trade. ...I would recommend this book to anyone who has started or is thinking of starting the daytrading venture. Additionally I would add that it is also very good for the experienced, for you will find yourself saying "my god, I do that all the time too!" and you'll walk away feeling that your tendancies that prevent the "ultimate" profits are committed by most everyone. This book addresses how to get past those and become the most focused, the most effective. Check it out!
Rating:
Summary: Testimonials and perspective - a good read!
Review: In short, I will add to the list of reviews that this is indeed a good overview of what daytrading is and is not. The traders in this book give honest evaluations of their success and failures, why and how either occurred, and tips for the new and experienced. Overall the book is a great read. Most of this book details the psychology of trading, how one must have self-control, while it also gives some perspective on strategy. It is not a how-to, and yet I do not believe that one can exist. Day trading is a very individual experience, and it requires a very specific array of skills and focus. "How-to" books on this subject would accordingly vary as much as the various individuals who trade. ...I would recommend this book to anyone who has started or is thinking of starting the daytrading venture. Additionally I would add that it is also very good for the experienced, for you will find yourself saying "my god, I do that all the time too!" and you'll walk away feeling that your tendancies that prevent the "ultimate" profits are committed by most everyone. This book addresses how to get past those and become the most focused, the most effective. Check it out!
Rating:
Summary: Technical techniques may be dated, but not the psychology
Review: The author book is a composite of interviews with a variety of day traders. The book follows a question and answer style of writing. Actual technics and methodologies come secondary and are replaced with interview narratives about to pattern recognition, psychology of trading, and experience. Each chapter highlights a different trader who shares their story of success or failure. Most having survived early trading mistakes and bloated egos managing to change lossing strategies into winning reactions. Most of the traders emphasis flexibility, game plans, pattern recognition, understanding the trading crowd, price and volume, risk managment, and staying ahead of the pack. The book is easy reading and selects from a select group of day trader for opinions. Most of the assumptions are contrary to the book "The Master Swing Trader: Tools and Techniques to Profit from Outstanding Short-Term Trading Opportunities". This tells me the author is interviewing the celebrities of day trading. Warning danger! If a new trader followed their trading advice it is likely they would be crushed within hours. With high speed internet connections and powerful software and computer more traders will fail quickly than any other time in history. What amazes me is that the author does not warn the reader to approach each story with a dose of healthy sceptism, as if, the hype from the interviews is necessary to encourage others to risk their assets for a chance of obtaining rankings in the gold spoon club. I think more of the questions should have focused on the consequences of failure while day trading so the reader could see how high the stakes are for these day traders. All the interviewees agreed that once trading starts there is no beginners clubs. Trading may be against some of the best day traders in the world. These traders have no reservation about their desire to win. They are willing to admit failure and quickly get out realizing they want to win over the long run. In short this is an narrative of the forces of fear and greed that drive price and volume in the stock market.
Rating:
Summary: Read this after reading an introductory book
Review: This book is a great addition to reading on technical analysis for day traders. If you understand how day trading works and how to spot set-ups for day trades - then you will enjoy reading about personal experiences in applying the techniques. (Do not read this book first if you do not understand day trading! Read an introductory book first and do some paper trading to get a feel for the markets. That will make this book a much more worthwhile read) There is no substitute for hands-on practice when it comes to learning how to make money day-trading. I think the value in this book is that it can help you avoid making the same mistakes and realizing the same initial losses as these traders. The closing of the book has some very good guidelines to minimizing losses and keeping more of your profits. Warning: These are all success stories in the end. In reality, only a small percentage of day traders net an overall profit in their trading. Reading this book can lead one to think that it is easy to make big money at this.
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