3 of 3 people found the following review helpful:
Mentions MidnightTrader.com - a top notch resource!, 2000-12-12
A must read for the active online trader. After-hours trading volumes continue to surge and this book shows you where to get your information and how to use it. Well done and highly recommended. I have been a broker for 15 years and it is the best book I've read so far.
0 of 0 people found the following review helpful:
The best book on after hours trading I've ever read, 2000-11-28
If you want a taste of how informative this book is, just read the book excerpt on the left. The writing style of the authors is fast-paced and extremely readable. There is a ton of information included in the book, including an entire chapter on the psychology of trading. If you even have a remote interest in after hours trading, you will not be disappointed. Authors, keep up the good work!
1 of 2 people found the following review helpful:
A good review of the stock market & after hours trading, 2000-11-26
I never quite understood what people meant by "leveling the playing field." After reading this book, I now know. It is very exciting to know how the averge person can have access to the stock market in much the same way as institutional investors. Also, I didn't understand what ECNs were and how they worked, but now I do. This book is a great overview of the stock market--where it's been, where it could be going, and the role after hours trading will play. I found the trading strategies discussed in the book valuable, too.
22 of 22 people found the following review helpful:
The Price Reflects The Content, 2000-11-25
The discounted price of this book reflects its content. For $15 it is worth the read but not much more.
One problem this book has is that it repeats information across chapters. If this repetition was removed, the size probably would be reduced by 50 pages, if not more. A sizeable amount of historical information takes up many pages. Some of it is interesting, and some of it isn't. You will have to decide for yourself. My feeling is that the author should have replaced a portion of it with screen captures related to other things, rather than write a lot of filler.
A second problem is that much of the information is dated. All authors of trading and investing encounter this same problem. The book was written when a year ago there was a raging bull market. Since the market correction (really, a crash) earlier this year, volume has declined during regular hours and after hours. This lack of liquidity in the current bear market makes it more difficult to trade after hours.
Lastly, as an actual trader, I can tell you that no beginner should be trying to trade in the after hours market. It is ironic that many newcomers want to trade after hours because of their full time job commitment.
Would I recommend this book? Yes, but with reservations. I believe anyone who intends to be successful at trading should read as much as possible. New traders should buy it, be entertained, and learn a few new things about this specialized area of trading.
2 of 2 people found the following review helpful:
excellent!, 2000-11-25
I read this book over the 3 day weekend and I thought it was extremely helpful and a smooth read.This book gives the ins and outs of the after hours market and gets to the bottom line with every paragraph. The interviews with the two top traders and the strategies were most helpful to me, although I am an experienced trader.The sections on picking an online broker and one minute strategies are best for beginners.All in all, a superb book taht I have recommended to my all my friends on the exchange.It is the first and perhaps only book on after hours trading.