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| Preface | |
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| Acknowledgments | |
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| Perspective on Day Trading: Observations, Claims, and Caveats | |
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| Why Day Trade? | |
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| Day Trading, Discipline, and Persistence | |
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| Day Trading: Advantage or Disadvantage? | |
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| As You Read This Book | |
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| The Importance of Self-Discipline | |
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| What Do I Mean by Discipline | |
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| A Review of Market Timing Indicators | |
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| Traditional Moving Average Indicators (MA) | |
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| Variations on the Theme of Moving Averages | |
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| Stochastics (SI) and Relative Strength Indicator (RSI) | |
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| Chart Patterns and Formations | |
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| Parabolic | |
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| ADX and DMI | |
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| Cycles | |
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| Seasonals | |
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| Momentum/Rate of Change | |
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| Market Sentiment Indicators | |
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| Breakout Methods for Day Trading | |
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| Day Trading: Art or Science | |
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| An Issue of Discipline | |
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| When Art and Science Diverge | |
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| Art versus Science: What to Do? | |
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| Day Trading: The Good, the Bad, and the Ugly | |
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| Most Trading Systems Just Don't Work | |
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| Commissions can "Eat You Alive" If Your Trading Method Is Marginally Successful | |
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| Professionals Win, the Public Loses | |
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| Do You Have Protection Against Bad Price Fills? | |
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| Misinformation and Disinformation Run Rampant | |
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| Traders Love SandP Trading but Most Traders Lose in SandP | |
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| Futures Options: Reality and Myth | |
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| Insiders Still Reap the Rewards | |
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| Your Odds of Success Are Worse Now Than Ever | |
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| Computers: Help or Hindrance | |
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| The 30-Minute Breakout | |
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| Basic Method | |
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| Additional Parameters | |
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| Stop Loss and Trailing Stop Loss | |
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| What to Expect | |
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| Analysis of Test Results | |
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| Which Markets Are Best? | |
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| Risk and Reward: Reality and Rationality | |
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| Day of the Week Patterns | |
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| Examples of Key Date Seasonals | |
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| Using Day-of-Week and Specific Date Price Patterns for Day Trading | |
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| Day of Week, Date, or Day in Month? | |
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| Day-of-Week Patterns with Timing | |
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| Trading Systems: Pros and Cons | |
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| The Purely Technical Trader | |
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| The Purely Fundamental Trader | |
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| The Techno-fundamental Trader | |
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| The Intuitive Seat-of-the-Pants, Guts-and-Glory Trader | |
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| Power of the Inside Day | |
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| Inside Day Example | |
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| Inside Days and Trend Change | |
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| Reviewing the Rules | |
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| System Testing and Optimization: Friend or Foe? | |
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| Why Test Trading Systems? | |
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| Test Your Trading System | |
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| Optimization | |
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| A Rational Approach to System Development | |
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| Emotions, Traders, and Markets | |
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| Develop Your Rules | |
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| Systems Trading, Discipline, and Profits | |
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| A Few Good Ways to Lose Money Trading the Futures Markets | |
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| How about Some Positive Suggestions? | |
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| What Markets to Day Trade? | |
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| Trading Volume | |
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| Volatility | |
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| The Double-Edged Sword | |
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| Changing Conditions | |
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| Can Commodity Spreads Be Day Traded? | |
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| Recommended Spreads for Day Trading | |
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| Closing and Openings | |
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| High/Low/Close Relationships | |
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| Open/close Relationships | |
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| Developing a Trading System on the Open versus Closed Relationship | |
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| Gap Methods for Day Trading | |
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| A Day Trader's Dream | |
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| Oops! | |
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| How a Basic Gap Buy Signal Is Established | |
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| How a Basic Gap Sell Signal Is Established | |
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| Psychology of the Gap Trade | |
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| The "Best" Gap Trades | |
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| Pragmatic Considerations in Trading Gaps | |
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| Variations on the Gap Trade Theme | |
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| Period of Gap Comparison--Multiple-Day Gap Signals | |
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| Intraday Follow-Up of Gap Trades | |
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| Accumulation Distribution Oscillator Derivative | |
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| The Ideal Situation | |
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| Accumulation/Distribution Theory | |
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| Using the A/D Oscillator | |
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| The Advance/Decline Derivative (ADD) | |
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| The Importance of Orders | |
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| What You Should Know about Market Orders | |
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| Market-If-Touched (MIT) Orders | |
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| Fill-or-Kill (FOK) Orders | |
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| Stop Orders | |
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| Stop Limit Orders | |
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| Good-Till-Canceled Orders | |
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| One Cancels the Other (OCO) | |
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| Using Orders to Your Advantage | |
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| The Psychology of Day Trading | |
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| Patience, Impatience, and Temperament | |
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| Personality Traits of the Successful Day Trader | |
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| The Dangers of Being Meek | |
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| A Few Thoughts about Self-Control | |
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| Some Additional Thoughts about Day Trader Psychology | |
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| A Successful Day Trader Needs Discipline | |
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| Willingness to Accept Losses | |
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| The Ability to Avoid Overtrading | |
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| The Ability to Specialize | |
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| Beginning with Sufficient Capital | |
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| The Ability to Use News to Your Advantage | |
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| Taking Advantage of Brief Price Surges | |
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| Sticking to Your Daily Goal | |
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| Using Market Sentiment to Find Day-Trading Opportunities | |
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| The Day Trader's Rules for Success | |
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| Determine Your Orientation--Know Your Direction | |