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All About Day Trading by Jake Bernstein

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INTRODUCTIONThe Lure, the Myth, and the Magic

Some have called it gambling. Others have called it an educated guess. The more optimistic refer to it as the last bastion of capitalism. Promoters and brokers with a vested interest have called it an outstanding way to make money. Occasionally it has been referred to as quasi-science. Some have even gone so far as to refer to it as unethical or even immoral. But no matter what you believe and no matter what you may say, whether positive or negative, the day trading game is here to stay.

Having phased through various iterations over the years, day trading today is not at all what it used to be. Price movements that once took several months to complete now happen in a matter of seconds. High-frequency ...

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