{"product_id":"winning-the-day-trading-game-isbn-9780471738237","title":"Winning the Day Trading Game","description":"\u003cb\u003eTake a proven approach to short-term trading.\u003c\/b\u003e  \u003cp\u003e\u003cb\u003e\u003ci\u003eWinning the Day Trading Game\u003c\/i\u003e\u003c\/b\u003e offers an insider's view of the trading life and provides proven strategies for profitable trading. Professional trader Tom Busby explains how the strategies that made him so much money early on in his career ultimately failed during the 1987 stock market crash and then reveals how he reinvented himself as a high-percentage day trader. He interweaves personal experiences with technical explanations to outline the cornerstones of his technique. In highlighting his own trading experiences, Busby clearly explains how to beat the market by balancing the impulses of greed and fear, managing risk at all times; and taking responsibility for your trading.\u003c\/p\u003e \u003cp\u003eThomas L. Busby (Mobile, AL) has been a professional trader and broker for 25 years, working with Merrill Lynch and Smith Barney. He founded the Day Trading Institute in 1996 and it has grown into one of the most successful trading schools in the world.\u003c\/p\u003e \u003cp\u003eAcknowledgments vii\u003c\/p\u003e \u003cp\u003eIntroduction ix\u003c\/p\u003e \u003cp\u003eChapter 1 The Crucible: Black Monday 1\u003c\/p\u003e \u003cp\u003eChapter 2 Time is Central 15\u003c\/p\u003e \u003cp\u003eChapter 3 Trading is a Numbers Game 31\u003c\/p\u003e \u003cp\u003eChapter 4 Read the Tape 45\u003c\/p\u003e \u003cp\u003eChapter 5 There’s No Crying in Trading 61\u003c\/p\u003e \u003cp\u003eChapter 6 Riding the Rail 73\u003c\/p\u003e \u003cp\u003eChapter 7 Worry about Risk, the Rewards Will Come 85\u003c\/p\u003e \u003cp\u003eChapter 8 Respect the News 99\u003c\/p\u003e \u003cp\u003eChapter 9 Getting Down to Brass Tacks 113\u003c\/p\u003e \u003cp\u003eChapter 10 Preparation Pays 133\u003c\/p\u003e \u003cp\u003eChapter 11 A Study in Contrast 145\u003c\/p\u003e \u003cp\u003eChapter 12 Recap the Essentials 155\u003c\/p\u003e \u003cp\u003eChapter 13 An Afterthought for Consideration: The Doctrine of Genius 169\u003c\/p\u003e \u003cp\u003eAppendix A Glossary 173\u003c\/p\u003e \u003cp\u003eAppendix B Getting Started 179\u003c\/p\u003e \u003cp\u003eAppendix C Order Types 185\u003c\/p\u003e \u003cp\u003eAppendix D Suggested Reading 189\u003c\/p\u003e \u003cp\u003eAppendix E Helpful Websites 191\u003c\/p\u003e \u003cp\u003eIndex 193\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eTHOMAS L. BUSBY,\u003c\/b\u003e a twenty-five-year veteran of the market, began his trading career with Merrill Lynch while earning a law degree. After training in New York, he earned his brokerage license and a license to trade futures, and enjoyed remarkable success. But on October 19, 1987, the market crashed, and with it his career and???—worst of all???—his self-confidence. After several years of struggle, he reappraised all that he had learned, ultimately devising an innovative short-term trading strategy focused on risk management. Applying this new method, he achieved phenomenal results. In 1996 he founded the Day Trading Institute, now one of the world's most successful trading schools. Mr. Busby is a member of both the Chicago Mercantile Exchange and the Chicago Board of Trade. \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePATSY BUSBY DOW\u003c\/b\u003e is a former educator, an attorney, and a trader. As Tom Busby's first cousin, she heard him talk about the markets and his trading experiences. Her fascination with his stories and market savvy led her to study his trading methods. She is currently employed by the Day Trading Institute as a staff writer.    \u003c\/p\u003e\u003cp\u003eAfter great initial success as a professional trader, Thomas Busby was nearly wiped out in the stock market crash of 1987. Rebounding from that devastating experience, he devised an innovative risk-averse, high-percentage method of day trading that allowed him to reap enormous profits from the market while avoiding its pitfalls.  \u003c\/p\u003e\u003cp\u003eNow you can benefit from his quarter-century of market experience distilled in this highly readable, deeply informative volume. \u003ci\u003eWinning the Day Trading Game\u003c\/i\u003e will show you how to mine the tremendous opportunities available in the market today. You'll learn how the author took his early fascination with trading from a part-time hobby to a full-time—and highly profitable—livelihood. You'll also discover how he bounced back from the most shattering loss of all: the loss of his self-confidence after Black Monday.  \u003c\/p\u003e\u003cp\u003eBusby describes the watershed moment that changed his life. Recounting his hard-won recovery from the \"dark years,\" he will teach you the difference between working hard and working smart. You'll understand the crucial role psychology plays in the trading game. And you'll find out why risk management—not profit-taking—must be the day trader's highest priority.  \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eWinning the Day Trading Game,\u003c\/i\u003e you'll learn:  \u003c\/p\u003e\u003cul\u003e \u003cli\u003eThe importance of timing, and how successful traders know when to trade\u003c\/li\u003e \u003cli\u003eThe \"key numbers\" in trading and how to use them\u003c\/li\u003e \u003cli\u003eHow learning to \"read the tape\" can liberate you from mounds of confusing data\u003c\/li\u003e \u003cli\u003eHow to get your emotions under control\u003c\/li\u003e \u003cli\u003eThe \"Three T's\" of trading\u003c\/li\u003e \u003cli\u003eThe news you can use—and the news you can't\u003c\/li\u003e \u003cli\u003eHow to study the market before you trade\u003c\/li\u003e \u003cli\u003eHow to prepare to win\u003c\/li\u003e \u003c\/ul\u003e  \u003cp\u003eWith a clearly presented analysis of key factors—abundantly illustrated with tables, charts, and engaging anecdotes—\u003ci\u003eWinning the Day Trading Game\u003c\/i\u003e will serve as a perfect introduction for the novice, as well as a clarifying, insightful guide for the established trader.  \u003c\/p\u003e\u003cp\u003eAs the author says, \"Trading is a journey.\" In \u003ci\u003eWinning the Day Trading Game,\u003c\/i\u003e you'll find an indispensable guide that will enable you to reap the uncommon rewards that come to those who know how to win.    \u003c\/p\u003e\u003cp\u003eAfter great initial success as a professional trader, Thomas Busby was nearly wiped out in the stock market crash of 1987. Rebounding from that devastating experience, he devised an innovative risk-averse, high-percentage method of day trading that allowed him to reap enormous profits from the market while avoiding its pitfalls. \u003c\/p\u003e\u003cp\u003eNow you can benefit from his quarter-century of market experience distilled in this highly readable, deeply informative volume. \u003ci\u003eWinning the Day Trading Game\u003c\/i\u003e will show you how to mine the tremendous opportunities available in the market today. You'll learn how the author took his early fascination with trading from a part-time hobby to a full-time—and highly profitable—livelihood. You'll also discover how he bounced back from the most shattering loss of all: the loss of his self-confidence after Black Monday. \u003c\/p\u003e\u003cp\u003eBusby describes the watershed moment that changed his life. Recounting his hard-won recovery from the \"dark years,\" he will teach you the difference between working hard and working smart. You'll understand the crucial role psychology plays in the trading game. And you'll find out why risk management—not profit-taking—must be the day trader's highest priority. \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eWinning the Day Trading Game,\u003c\/i\u003e you'll learn: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eThe importance of timing, and how successful traders know when to trade\u003c\/li\u003e \u003cli\u003eThe \"key numbers\" in trading and how to use them\u003c\/li\u003e \u003cli\u003eHow learning to \"read the tape\" can liberate you from mounds of confusing data\u003c\/li\u003e \u003cli\u003eHow to get your emotions under control\u003c\/li\u003e \u003cli\u003eThe \"Three T's\" of trading\u003c\/li\u003e \u003cli\u003eThe news you can use—and the news you can't\u003c\/li\u003e \u003cli\u003eHow to study the market before you trade\u003c\/li\u003e \u003cli\u003eHow to prepare to win\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWith a clearly presented analysis of key factors??????—abundantly illustrated with tables, charts, and engaging anecdotes???—\u003ci\u003eWinning the Day Trading Game\u003c\/i\u003e will serve as a perfect introduction for the novice, as well as a clarifying, insightful guide for the established trader. \u003c\/p\u003e\u003cp\u003eAs the author says, \"Trading is a journey.\" In \u003ci\u003eWinning the Day Trading Game,\u003c\/i\u003e you'll find an indispensable guide that will enable you to reap the uncommon rewards that come to those who know how to win.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990496461029,"sku":"NP9780471738237","price":65.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471738237.jpg?v=1761788060","url":"https:\/\/k12savings.com\/es\/products\/winning-the-day-trading-game-isbn-9780471738237","provider":"K12savings","version":"1.0","type":"link"}