Publisher's Synopsis
HOW TODAY'S MOST SUCCESSFUL PROP TRADERS USE DIRECT MARKET ACCESS AND THE LATEST TRADING TECHNOLOGIES TO GARNER BIG RETURNSAND HOW YOU CAN TOO! Part trader's memoir, part day-trading how-to, The Prop Trader's Chronicles takes you inside the fast-paced, "you eat what you kill" world of proprietary trading to offer an unparalleled look at who the prop traders are and how they operate. In a compelling narrative, author Francis James Chan relates his experiences at some of the most prestigious prop trading firms on two continents, clearly describing the strategies and techniques used by today's most successful traders. An indispensable source of practical, real-world insight, advice and guidance for independent traders and aspiring professionals alike, The Prop Trader's Chronicles: Offers a priceless glimpse into the white-knuckle day-to-day of the prop trader's world Schools you in the fundamentals of the major strategies for the rapid day trading of stocks Describes how the most successful traders use direct access technologies, Level II quotes, time & sales feeds, and ECNs Covers, in-depth, scalping, rebate trading and statistical arbitrage Clearly explains advanced reading of time & sales transactions to detect short-term swings Shows independent traders how to adapt the strategies used at the most successful prop trading firms Provides a solid foundation for those looking to break into the exciting world of proprietary trading Don't miss this rare opportunity to benefit from the story of a young trader's education and rise during the most tumultuous and revolutionary era in the history of the global securities trading industry.
