Trading Online: A Step-by-Step Guide to Cyber Profits - Softcover

Patel, Alpesh

Softcover

ISBN 10: 0273635417 ISBN 13: 9780273635413

Verlag: Pearson Education Limited, 1999

Inhaltsangabe

 Five years ago Internet trading did not exist; today there are more than 4 million online accounts; by 2002 there will be 14 million, with assets of $700 billion. With one quarter of all retail stock trades made this way, cyber-investors are becoming bolder. It's easy to see why-online trading is rapidly becoming the most efficient way to invest; low commissions let investors make profitable trades with just a few thousand dollars. And with an explosion of market information available to investors on the internet, it's now possible to surf with confidence.

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Über die Autorin bzw. den Autor

Alpesh B Patel is a barrister-at-law who now trades equity derivatives full-time. As a barrister, Alpesh was involved in advising banks, building societies and pension funds on financial services. He has extensive experience of both the UK and US derivatives and stock markets and holds equities in the UK, India, France and the US. He started trading online while in the US as a Congressional Intern some years ago.

Alpesh is an associate of the Society of Technical Analysts, an affiliate of the Market Technicians Association (US), a colleague of the International Federation of Technical Analysts and a member of the Global Association of Risk Professionals, as well as a member of the Bar Association of Commerce, Finance and Industry.

When not trading (!) Alpesh likes to lecture on trading strategies, trading psychology and using the internet as part of a trading system. Alpesh also holds several directorships in Indian and English companies, including TraderMind Derivatives Ltd.

Alpesh has a degree in Law form King's College, London and a degree in Philosophy, Politics and Economics from Oxford University. He is the author of The Mind of a Trader (FT Pitman 1998) and also the author of Your Questions Answered: Money, Savings and Financial Planning (Rushmere Wynne 1997).

If you have any comments regarding this or Alpesh's other books, lectures on trading psychology, trading strategy, technical analysis and internet trading his e-mail address is alpesh-patel@msn.com

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Foreword By Patrick Henry Arbor Chairman, Chicago Board of Trade

A mere ten years ago, few people could have imagined it-a global network connecting everyone and everything, providing a boundless data stream accessible to all at virtually no cost. Today, as we prepare to cross the threshold of the twenty-first century, the Internet looms as the most important, revolutionary development since Benjamin Franklin tied a key to a kite string. Ours is an age of information. Knowledge informs our lives, creating pathways of successful, ordered living. As the grand neoteric tool of connectivity and information, the Internet is redefining the future scope of communications, day-to-day living and business.

It is this profound impact that makes Alpesh Patel's Trading Online such an important book for those of us who make our way in the global trading community. Trading Online is not so much a reference book as it is a road atlas to cyberspace, identifying the most direct routes to high-quality, low-cost information for the online trading of financial instruments. By taking the time to read Trading Online, readers will save hours of time lost on the back roads and blue highways of the Internet.

Trading Online provides a variety of routes to online investment, leading to numerous applications for the trading of equities, bonds, and assorted financial instruments. A thoughtful and practical writer, Mr. Patel includes ample information by which computer neophytes can acclimatize themselves to this brave new world of Internet trading. However, Mr. Patel does not linger unnecessarily long on the footpaths leading to cyberspace-just long enough to quickly bring Internet newcomers up to a comfortable cruising speed. He then quickly transports readers in section two to the road down which all traders wish to travel-the road to profit.

In Section Two's "The Road to Profit", Mr. Patel offers practical advice regarding what goes into a sound trading strategy, analyzing different methodologies and offering tips on constructing action plans. This pragmatic approach will help prepare anyone for cyberspace-from the tyro to the trade master.

It has been said that time is possibly the most precious commodity of all. That being the case, Trading Online services readers well by saving readers a lot of unnecessary time wending their way through the labyrinthine passages of the Internet. Mr. Patel offers a wealth of practical information on where to find what in the online labyrinth, and details exactly how to access that information. This makes Trading Online a unique resource for intrepid Internet travelers.

Critically, the information dispensed in Trading Online bears tremendous relevance to the sprawling international financial markets. As chairman of the world's oldest and largest futures exchange, I know exactly where the financial markets have been-and have a vision of how they will develop in the future. Technology is rapidly transforming the financial markets, infusing traditional trading methodologies with electronic lifelines that span the globe. Without question, Internet access is becoming an increasingly important component of these financial markets. The savvy trader will seize the opportunity today to learn about this development, for in doing so, he or she will seize the future. Trading Online presents a treasure trove of information for those wishing to seize the future today.

Logically presented and well thought-out, Trading Online supplements its extensive information cache with cross-referencing, itemized tables and comprehensive appendices. It is this attention to detail and Mr. Patel's exhaustive approach that characterize this volume, making Trading Online an indispensable map to the Internet's open road and, in a very Mercatorian sense, an atlas for the future.

Details zur Ausgabe

• Verlag: Pearson Education Limited
• Erscheinungsdatum: 1999
• Sprache: Englisch
• ISBN 10: 0273635417
• ISBN 13: 9780273635413
• Einband: Taschenbuch
• Anzahl der Seiten: 384
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Nicht verfügbar