Rating: 
Summary: No reason this should be a bestseller
Review: A very DECENT (e.g., unremarkable) book about day trading. Ninety-five percent of people do not have access or would not want to pay for the technology discussed in this book. Even if an individual did possess all the ECN's, NASDAQ level II quotes, and such, it is doubtful they would excel at day trading since Friedfertig can barely get past his discussion of NASDAQ fraud (complete with photocopied NYTIMES articles)to describe how to actually day trade. This is in itself is a pretty limited discussion. If you want simple advice on good stocks, the best source of information is the Wall Street Wizard.
Rating: 
Summary: Even more powerful with trading psychology
Review: Even more powerful with trading psychology A sound book that covers it's material well. Day trading is so much about trading psychology that I found this book even more powerful when I combined it's lessons with those from The Mind of a Trader (FT Pitman).
Rating:
Summary: Very informative, not for new investors
Review: This book was very informative. I would suggest it to anyone that has traded stocks for a couple years and wants to move to a more aggressive system. This book is pretty technical so a good knowledge of the stockmarket will make it more useful. In my opinion the techniques in this book are geared toward the investor with at least $20,000.
Rating:
Summary: Excellent Mechanical Description of Day Trading, BUT. . .
Review: This book presents one of the most comprehensive descriptions of day trading I have ever read. Not only is it comprehensive in its coverage of the topic, but presents powerful new insights regarding how this game can be won. HOWEVER, THERE IS AN IMPORTANT PART MISSING. I know from personal experience that day trading can create considerable emotional stress and strain. This important fact is not adequately covered. Before reading this book and jumping into this "sport" I would also recommend your reading some of the selections of Dr. Van K. Tharp, a trading coach and psychologist. THARP'S BOOKS COUPLED WITH THIS FINE BOOK ARE ALL YOU NEED TO REALLY HIT IT BIG AS A DAY TRADER.
Rating: 
Summary: For Day Traders Only
Review: Somehow I had the impression this book would be helpful to experienced investors with thoughts of learning how to day trade from home. Bad idea. The book went into way too much detail and depth with regard to esoteric day trading topics that are inappropriate for anyone who does not have access to Type II quotes. The book most definitely convinced me that I don't want anything to do with day trading. So from that perspective it was a good book. I suppose it makes a good "text book" for day traders. But I have a strong impression that the book will put aggressive investors into the "danger zone" of thinking they know what they're doing when in fact they do not.
Rating:
Summary: This WILL HELP the common investor understand:
Review: :It helped me understand the vast differences between trading a stock on the NASDAQ versus trading NYSE and AMEX listed stocks: How MM's can AND DO manipulate prices to their advantage (and your DISadvantage on the NASDAQ, and it's LEGAL. The book also covered about every area you can think of. It's choices of Online Brokers are outdated, but then again, THESE types of things change almost Daily due to new services offered, and lower rates offered.
Rating:
Summary: This book is arranged from complex to basic.
Review: I'm trying to educate myself with this type of trading. I've read this book 2 times and it is quite confusing. This could have been written better had the author explained the basics of this style of trading. As the reader progresses, apply the examples found on the earlier parts of the book. The target audience for this book is not intended for beginners. I've read many books about investing, but this is difficult to comprehend.
Rating:
Summary: A decent day-trading primer
Review: The novice will find some of the information in this book useful. No one should even think of attempting to day trade without understanding how to interpret the actions of specialists and market makers, and the authors do a good job of explaining this. Nor should anybody try to day trade on NASDAQ without the advantage of SOES, ECN's, and Level II quotes, which are also well covered. These chapters are worth the price of admission if you're new to trading. That said, the experienced day trader will find nothing new here. And if you're looking for specific indicators, something to program into a computer that will spit out trades, there's none of that. The authors state that technical analysis is a useful tool, and leave it at that. You should also be aware that, despite the claim on the cover that the book provides a "complete guide to choosing the best on-line trading systems", they only plug one system, called Watcher. One final note -- if you read the book, do yourself a favor and skip a section titled "Can You Make Money in a Random Stock Market?". The authors may have a valid point, but they attempt to prove it with some of the worst pseudo-mathematics I've ever seen. Example: "... given a random distribution for the number of stocks that are up about a dollar on a day, we can multiply by one standard distribution [sic] (67 percent) and find that the majority of stocks will hit somewhere between 5/8 and 3/4 of a point." Clearly, a basic understanding of statistics is not a prerequisite for being a trader.
Rating: 
Summary: Good book for starting day trader
Review: I liked the early history in the book. Too much jargon. You need to read this book several times to understand what to do. Particularly after you've lost money trading. Then this books starts to make more sense. However, I found the chapter on random markets so difficult that I skip through it. Are there any pictures that would explain the numbers? Does anyone understand that chapter? The tables in the back are invaluable in trading groups of stocks that move together. When I see one move I quickly look up the others and see if the group is starting to move and has relative strength versus the S&P500 and then I enter my trade. This has worked quite well. However what does that chapter on random markets mean? It's driving me mad. I can't figure it out. Yet.
Rating:
Summary: Random Markets Chapter Excellent But Very Difficult
Review: I plotted out the expectation of gain for different markets with different ratios of gainers versus losers and it fits almost perfectly with the numbers given in your chapter on random markets. How did you arrive at your numbers? Was it theoretically derived or experimentally observed? You mentioned both. Very impressive. It seems you have a very powerful way of measuring trading profits in any type of market against the expectation in an efficient random market. Congratulaions, it is something new and we are writing some trading programs and neural nets based on your work. However, we don't intend to publish our results. They are being patented. How come you published this analysis? I guess you figured no one would figure it out without graphs or diagrams. You were almost right.
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