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Rating: 
Summary: Not practical
Review: I anxiously waited for this book to arrive and was disappointed. Though the material may apply to some traders, it was like reading a physics manual. Very little up to date practical info. Candlesticks are not discussed at all. This book may be OK for a casual look over, but there are far better books such as Profitable Candlestick Trading by Bigalow, Toni Turners books, Nissans Candlestick books, Elders books, The Disciplined Trader, The Market Makers Edge, and many others that get into the real meat if you want to learn the art of day, swing, and position trading. Trading is not a get rich quick scheme, it is not gambling, but rather a deliberate planned approach to trading stocks and futures for fun and profit. It takes a lot of hard work and years of study to be consistently successful. You are going to have to focus on the art of the trade, not the money to get it done. Reading all of the books you can find on the subject is definitely suggested. But this one, I cannot recommend.
Rating:
Summary: Tried to encompass a lot, achieved none
Review: I had rated the author's first book "Trading rules: Strategies for success" with 5 stars. I never expected such a frustration with this book. Perhaps the trader did try to make this book as a day trader's manual by including everything he deemed fit into a 322 page book: trading psychology, rules drawn from his own experience, chaos theory and in particular many TA tools like Market Profile, Elliot Wave, Gann Fan, RSI, Stochastics and so on. He then used nearly 40% of the book in 14 cases to elaborate those tools. The problem is, though I believe it's the intent of the author to make the book as concise as possible, it's simply impossible for most, even some professionals, to grasp the usage of the aforesaid TA tools. Even worse, the cases just did not help at all. In a word, a big disappointment for this one and I suggest those who would like to give the author a try to bet on his first book "Trading Rules: Strategies for success".
Rating:
Summary: Not practical
Review: I had rated the author's first book "Trading rules: Strategies for success" with 5 stars. I never expected such a frustration with this book. Perhaps the trader did try to make this book as a day trader's manual by including everything he deemed fit into a 322 page book: trading psychology, rules drawn from his own experience, chaos theory and in particular many TA tools like Market Profile, Elliot Wave, Gann Fan, RSI, Stochastics and so on. He then used nearly 40% of the book in 14 cases to elaborate those tools. The problem is, though I believe it's the intent of the author to make the book as concise as possible, it's simply impossible for most, even some professionals, to grasp the usage of the aforesaid TA tools. Even worse, the cases just did not help at all. In a word, a big disappointment for this one and I suggest those who would like to give the author a try to bet on his first book "Trading Rules: Strategies for success".
Rating: 
Summary: HASN'T PROVED TO BE REALLY USEFUL
Review: I haven't been really able to use any of the things in this book for my personal trading. However, there is one thing that I find helpful, that is the table on page 30 & 31 which gives you a run down of the popular indicators and their deficiencies.
Rating:
Summary: An out-of-date book with some useful ideas.
Review: I returned this book primarily because it is fairly dated, given the technical advances in electronic trading since the publication date of 1993. I am a fairly active trader and have an earned doctorate in physics; Mr. Eng's discussions of Chaos, Entropy and Randomness left me with the suspicion that scientific buzzwords are employed to justify the empirical ideas of chart analysis. Friedfertig and West's 1998 book, The Electronic Day Trader, is a far more useful and current title.
Rating: 
Summary: A must for all serious day traders...
Review: The simple and straight to the point title, The Day Trader's Manual, says it all. This is a compact (at just over 300 pages, with pages of detailed graphs -- no frills, nonsense, or jargon junk -- although Eng deftly incorporates terms that all traders do or will know), but invaluable text. As Eng points out in his preface, the Manual guides the beginner through the science, art, and theory of day trading. Experienced traders can use it to refresh their memories of the basics of day trading while tackling the more difficult ideas. Being a beginner trader myself, I don't think there's any other book I found more helpful, insightful, and worth my while. This book is an education in itself. Trading is a complex arena and requires experience, thought, and hard work (besides preparation)...and Eng has provided a definitive Bible that sets one off on the right path. Modest throughout, Eng includes some of his own experiences [note: in almost every book about investing or markets the author includes personal experiences, whether good or bad, to convey either one, that he or she, too, has made mistakes but from then on never did and is thus a certified good trader and can write a book about it, or two, the experiences show that this trader did something correct, or incorrect, but either way, something was learned and that's the main point] and the bottom line is that there was something to be learned. He presents different methods and approaches to trading, and covers all the ground there is; no one can leave this book without an upper hand. Still, and perhaps just another subtlety of the author's that makes this book a must is the stress on you, the reader, and your personality. Trading is not just a numbers game, and becomes a part of who you are. And accordingly, who you are affects how you trade. Eng stresses the importance of your own preferences after you gain some first hand experience trading. He tells us what he looks at in analysing data, or researching a graph, but reminds us that if we are more comfortable with the other approach, or find a better way, then by all means go for it because the point is to be a better trader. A classic that explains the complex science of day trading. This manual is meant to teach the rudiments and rigors of the technical science and art of trading. The psychology of trading indeed is its own topic, and for that you should look at Alexander Elder's _Trading for a Living_, also published by Wiley Finance.
Rating:
Summary: Don't waste your money as I did!
Review: Way too much unusable information. I kept waking up throughout the book, hoping to get to the parts about day-trading I could put into practice. (It never happened)
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