Rating: 
Summary: DON'T GIVE UP YOUR DAY JOB
Review: I am not a "Day Trader" and do not desire to be one. But this book gives you some basic information about what a day trader does, how she/he does it and the emotional stress involved in such a job choice. Even a person who has only recently begun to trade using the computer online or otherwise can really associate with the feelings described in the book. Recently, some stock prices have shot up and crashed down in the same week or even in the same day. Living and dying on such a rollercoaster has got to take it's toll.This is not a "How To" book and I'm sure there are better technical books out there or historical bios on some of the main players. But this was also a really funny book. It was a book that even people who are not regular reads of the Wall Street Journal or Barrons (like me) will really enjoy reading. It will also make you feel better that you have a nice, steady, borring job that pays you on a regular basis and lets you sleep pretty good at night. That is a pretty rare commodity for "Day Traders".
Rating: 
Summary: Mildly Entertaining and informative
Review: I found the book fun to read and somewhat entertaining. If you are inexperienced and looking for a quick summary of how the market works and some evolutionary history of wall street, Anuff and Wolf have done a reasonably good job of describing it. There are some very funny stories about Anuffs' experiences that I can relate to. I have been day trading for about 4 years and have had similar experiences.
Rating:
Summary: Entertaining, if not informative
Review: I found this book to be a quick and entertaining read. If you're looking for a book on how a trader makes his picks, this is not the book. However, it does give a clear view of the stress of the day trader; the ups and the downs, which for the most part seems to be a life of worry. For those daytraders out there, not many tips but you'll know what he's talking about and experience a good laugh along the way.
Rating:
Summary: Entertaining, if not informative
Review: I found this book to be a quick and entertaining read. If you're looking for a book on how a trader makes his picks, this is not the book. However, it does give a clear view of the stress of the day trader; the ups and the downs, which for the most part seems to be a life of worry. For those daytraders out there, not many tips but you'll know what he's talking about and experience a good laugh along the way.
Rating:
Summary: Stop now - before it's too late!
Review: If you've been thinking about becoming a day trader, or know someone who is, then BUY THIS BOOK. Anuff and Wolf puncture the many illusions that have made day trading the most phenomenal snake-oil show since they took the cocaine out of Coke. Anuff's travels from his first lucky strike to his latest disastrous deals reveal the details and dyspepsia of the day trading world. Along the way, they provide instructive background on the evolution of the NASDAQ from a closed old-boy system into the near-chaotic charnel house it has become, wherein ECNs and Market Makers slaughter would-be wolves and guileless lambs with equal swiftness. While the book adopts an underlying tone of snarky, elitist entitlement (why shouldn't I be rich?), which is occasionally annoying, Anuff seems to take more delight in telling tales of woe than in bragging about his big scores. As the realization dawns of the many implications of his chosen "career" - on himself, on those against whom he competes - a suppressed humanity emerges, almost embarrassingly. The conclusion is not particularly surprising, but the fact that so few people in this position have reached it would indicate how valuable this lesson is. Ultimately the authors fail to grapple headfirst with the truth they keep bumping into (namely that stock trading is largely an obsessive compulsive neurosis turned into a dangerously predatory lifestyle), but they still manage to convey both the addictive and repulsive qualities of the trader's day. It's a cautionary tale which may, unfortunately, have come out too late for too many [as I write this, the NASDAQ has fallen below 3,000!].
Rating: 
Summary: Hilarious and eye-opening
Review: Perhaps with the Nasdaq melting down like it has this book is no longer necessary as a cautionary tale; but even so it is a great book for anyone wanting to understand the dfference between investing and day trading. I have 150+ investing books on my shelves, this is one of the top 5 in my regard.
Rating: 
Summary: Sometimes interesting; Mostly predictable
Review: The authors have some great comments on what geoes on in a daytrader's head (always kicking themselves for selling to soon, thinking that they should have been able to see that ( ) was going to go to 700 instead of selling at 140, etc.). Also, the book has an excellent description of how there was originally a lot of money to be made by using the SOES system to make easy money off price diffrentials and explaining why this is over and day trading has become the strong eating the weak and naive. But, overall, while there are a lot of things to recommend about this book, it is basically predictable: Guy starts trading on ( ), makes some money, starts day trading, decides it isn't for him (because he doesn't want to take the risk of losing his money as so many people do, doesn't like sitting in front of his computer while listening to CNBC for some news he can trade on, etc.) and quits. So, while this book has some great moments, it really left me feeling flat because it didn't say anything I didn't expect when I read cover description. In this genre of insider books that poke fun at the dog eat dog climate today of the investing world, read Frank Portnoy's "F.I.A.S.C.O" or go back and reread Michael Lewis' "Liar's Poker".
Rating:
Summary: Good Book for the bigginers of day trading
Review: The book contains interesting information about the stock market development. It is interesting, easy and sometimes funny to read it. I like the sections about trading as I am a new trader and I want to know how other people trade and their success. This book does not contain any practical information, advise but it connects and talks about people whom I have heard about before. After the reading of the book I understood that the author was not a good trained day trader. He also had success in a few trades and after he lost his money he was looking for the way to make them. I think this book was his descision to make some money and start day trading again.
Rating:
Summary: Caveat Day Trader
Review: The book is an interesting combination of one person's odyssey into and out of day trading, as well as a solid history of day trading. I thought that the joint perspective of the two authors was very helpful in conveying both how it used to be easy to make money in day trading (as SOES bandits hitting old bids and offers from market makers) and is much harder now. The reality described here is that almost all new day-traders can expect to lose a lot of money in the process of learning day trading (perhaps 30-50 percent of the inital stake, and some will lose more), and even those who make money will do so in a minority of the trades. This means a lot of psychological pressure on the day trader as loss after loss occurs. This pressure was beautifully described through Joey Anuff's relating a typical day while he was day trading. Since he lives on the West coast, this means getting up early . . . often followed by sleeplessness if he made big mistakes (like when he carried a large Oracle position overnight before a disappointing earnings announcement). The moments in between were often filled with tedium (listening to too much CNBC) and self-doubt (why didn't I hit the buy button in time?). For those who are not skeptical enough, the book provides a lot of insight into the motives of those who profit from there being more day traders (brokerage firms, market makers, those who sell tips and educational services, information providers, financial networks, etc.). The tone of the book is funny without overdoing it. Money is, after all, serious business to most people. In fact, it seems that most day-traders dream of becoming wealthy from this activity. Some will find the routine of a day-trader to be intriguing and exciting. Some will find it more than they want to handle. Anuff has a series of epiphanies that guide his journey. He is an early entrepreneur on the Internet, and is excited about its potential. Day trading looks like another way to cash in -- and he does on eBay. However, he later realizes that if he had just held his eBay rather than trading it, he would have met his financial goals. Reading about past market bubbles makes him concerned about an overpriced market, and leads him into becoming a day-trader (to avoid the risk of holding stocks overnight if the market melts down one day). He doesn't realize the other risks he is taking on until later. The essential fact of stock trading is that there has to be a loser for every winner except with IPOs. If there is a lot of dumb money out there, you can make money at their expense. Anuff likes that concept at first, but becomes uncomfortable with it when he realizes that he is sometimes the dumb money for someone else's profit. The loss of money and the ego blow are hard for him to take. Whether or not you are a day trader or considering being one, this is an entertaining book about one of the newest and fastest growing professions in the New Economy. Banish your misconception and disbelief stalls about what is involved by reading this interesting first hand account!
Rating: 
Summary: Very disapointing
Review: The very best part of the book is the excerpt available in the book information section. The balance of the book is quite annoying, explaining over and over his bad experience with his broker firm (E-trade). No insight, no clue, boring until the end. I have read this book in less than 3 hours. I shipped the book back for a full refund.
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