Net-Trading Get Online with the New Trading Strategies

by Alpesh B. Patel and Alpesh Patel

'We trade online to save commissions, to be in charge of our investments, to be more in control of our own futures, to keep more of the profits. The Internet has further democratized capitalism.' This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0273645021
• ISBN13: 9780273645023
• Release Date: March 2000
• Publisher: FT Press
• Length: 400 Pages
• Weight: 1.65 lbs.
• Dimensions: 0.9" x 7.4" x 9.2"

Customer Reviews

Net trading -- pun intended

I think alot of these people missed this book; it's about NET trading or using the Net to increase or give you NET gains. It's about building your own trading system and not relying on a canned one or at least knowing why the canned one works the way it does. It's not about surfing the NET for the latest site. .... I had some sour trades & by working with Al & his links I was able to refine some of my methods & see (backtest) why they had gone wrong. Two caveats are in order: Some of the links are either dead or will redirect. Second, if you are not using Metastock for your technical analysis you're gonna wish you were. When I started the book, I was using Worden's TC2000; thanks to Al I went to Metastock & again another improvement. And that's what I think Al is best at; helping you refine and organize your system & feel 'comfortable' with it i.e. refine & tune it so you can stick the bear and not he you. I liked this book so much, that I am going to buy another Al book. And read this one again; I think there are sections that are real gems. Thanks Al. All the best, mate.

A good primer for novice traders

As well as introducing online trading sites and brokers, there is coverage of some new trading strategies, trading systems, psychology, and money management.The actual process of choosing an online broker or finding a useful website can be quite an ordeal searching directly on the Internet so this book is a good starting point. I imagine that these sections need to be updated every 2 years or so because they will be prone to rapid change while the Internet is a new medium. Technical analysis is at least introduced but the new trading strategies given are not explained well enough even for experienced technical analysts. They'll certainly be of more harm than good to novices. These strategies seem hurriedly written - they lack detail and charts were incorrectly numbered and sometimes inappropriate. The remainder of the book has little to offer the relatively experienced trader who would need more detail if any at all in the above mentioned topics. However, they are introduced well and are valuable for novice traders. There are lots of insightful passages taken from bulletin boards and interviews with professionals.

readable and real advice

Too many trading books just push the author's own proprietary system. In this one Alpesh B Patel has nothing to sell, just plenty of personal experience to share (he's been there as a beginner; he started trading in his spare time as an attorney, and now also writes a net-trading diary column for the Financial Times newspaper). What we get here is a book that covers every base and carries the reader with it. Patel also pulls in expert tips form the pros - names like Pat Arbor and Phil Flynn - but what makes this one different is that he's also enlisted the help of the trading community in chat rooms and trading site to chip in with their experiences and trading lessons. A nice touch in a book that worked hard for me.

The Next Level in Online Trading

A very detailed and timely title that takes online trading help to the next level. The strategies are well presented. The first section on system development, why so many systems fail, what a good system tries to capture. The book details the best web sites for executing these strategies and where to get them. All in all the best yet of all the online trading books.