Lawrence Black, Todd Hawley
Description
Thousands of screen traders are actively trading the equity markets on an intraday basis, entering and exiting positions at lightning-fast speed. They
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seek small quick profits on a consistent basis, from the majority of their quickly executed trades, and some complete dozens of trades in a single day. The April 6th (1998) issue of Forbes profiled one such trader, a 25 year old, who cleared almost a million dollars in one year of trading. This book is a well written guide to the basics and the terminology of this type of trading, which the authors have termed microtrading. Full explanation of SOES, ECN's (Electronic Clearance Networks), and how to become a successful microtrader.
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