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The Day Trader : From the Pit to the PC

The Day Trader : From the Pit to the PC

List Price: $29.95
Your Price: $29.95
Product Info Reviews

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Rating: 5 stars
Summary: "It ain't bragging if you can do it!"
Review: It's easy to diss Borsellino's personality, and miss his character. He's a performer on a big stage, taking huge risks with his own scratch. If he's a bit of a diva, so is Luciano Pavarotti. Something fundamentally good and artful in these guys shines through and is admirable, though critics may not see through the fog of envy.

If appearing to be cocky ... with a chip on his ethnic shoulder works for Borsellino - hey, look at his works. The guy makes millions per year in a profession obviously as stressful as ER work, or brain surgery, pro sports, bullfighting, or lofty government or military positions. As the Cardinals' Dizzy Dean said, "It ain't bragging if you can do it!"

He's fighting back from what one must agree was a disadvantaged youth, and avenging plenty of prejudice resulting from his father's proximity to and rub-out by the Mafia. His grandfather was no angel, either.

Behind it all Borsellino seems to ask: "When do I get the benefit of the doubt...instead of just the doubt?" It's sorta like Australia, where most white natives had convicts as ancestors: when is Paul Hogan (Crocodile Dundee) finally allowed into the dinner party?

The book has flashes of humility and plenty of space given to Borsellino's failures. But its charm is in its revelation of the insecurities of the daring man on the high-wire - the accoutrements he must display, the names he must drop, the toys he must own. But hey - how else you gonna keep score in this business? Trade-orders? Receipts? Borsellino reveals the primal, visceral nature of the pits and of those who survive. Eighteen wild years, in his case.

An ER friend of mine has survived about as many years in his "pit" too, and he, too, is putting out his first book. These gladiators have something to tell the rest of us. Not that all we "others" lead "lives of quiet desperation" as Robert Frost put it. But another (anonymous) wise man said: "The diamond was created under great heat and pressure." Borsellino readily admits he's a work-in-progress - still under that heat and pressure, still growing up.

At book's end I wanted him to stay in touch, quiet down a wee bit, and keep making big dough as an example to the rest of us with different risk-aversion curves.

Day Trader's logic is compelling, as Borsellino, concurrent with publication, is building a website offering his manifest pit mastery to those fortunate enough to afford this kind of high-risk trading. No way Mafia muscle could produce the results Borsellino struts for us. Nor dumb luck.

So when his story is through, one hopes one never has to be the recipient of a Borsellino fist, and in fact would readily trust him to be on the team, in the club, on the Board....

Rating: 5 stars
Summary: Insights Into the Heart, Mind and Soul of a Master Trader
Review: Anyone who trades for a living will gain knowledge and insight from one of our greatest contemporary traders. Mr. Borsellino has survived 18 years in one of the world's most challenging occupations and he has done it with style. Few can make that claim.

Did you ever want to know what makes a great trader tick? Or what shaped his or her personal life and set the stage for their extraordinary career? "The Day Trader" answers these questions and provides clues for Mr. Borsellino's stunning and consistent success.

His memoir will entertain but above all it will make a lasting impression with the reader who is interested in learning what it takes to make it in this most demanding profession.

Rating: 4 stars
Summary: It is not a "technical book" about fundamental or technical
Review: analyses, but a kind of "inner mind" book for trading. All the reviewers above don't mention that you must have some kind of personality to have success, and borsellino is definitive somebody fighting for success, and this is something you can learn from this book. So don't expect the usual "trendline" stuff or Price-Earning talk, but an inspiriation how eager you must be to be successful - yes, this book is an ego trip, but even "a simple ego-trip" must be learnend. I think it's your personality, that decides if you'r successful in the markets.

This book tells you how hard it is to be in the markets.

An interesting one.

Rating: 1 stars
Summary: I wouldn't trade my $$ for this book it is a real looser
Review: I don't care how much money this ego maniac has. He must be tremendously insecure with himself to write a book like this to try and convince people he isn't a total piece of s---. This is what happens when you have way too much money you write a book about how great you think you are.Lewis Borsellino, a legend in his own mind, has convinced me it doesn't take brains to make money on the CME floor.I am unimpressed with his ability to amass a large amount of money trading , it sound to me the way he made it is questionable in the first place, it should not be what you have but how you got it that counts. It seems it is a sign of the times that people are so money hungry these days, especially when it comes to the markets,that someone would even publish a book like this.The only thing larger than Mr Borsellino's account balance here is his ego. I believe it does hold some entertainment value for some, educational value for none, and financial value for one , but it seems he really doesn't need the money or does he?

Rating: 1 stars
Summary: Terrible!
Review: This book was one of the worst I have ever read. It is so much about his life and nothing about even trading that its a complete bore. He goes on and on about his life stories and is always pumping himself with compliments. A total waste of money!

Rating: 1 stars
Summary: "The Daytrader" is a very misleading title for this book...
Review: ...because nothing is mentioned on how to actually daytrade. No systems or trading tips. The worst book I've ever read on the markets. The only thing I learned is what an ego-maniac LBJ is. All he talks about is how great a football player he was, how tough he was, how rich he is...it must be sickening to be in the same room with this guy listening to him talk about himself. The last few chapters he pleads to anyone who will listen NOT to convert his precious CME (S&P pit) from open outcry to electronic trading. That's because floor traders make a living ripping people off on their order fills. He goes so far as to say that he can fill an order with a hand signal faster than a computer! What a joke. I had to force myself to finish this book.

Rating: 5 stars
Summary: Lewis is a great trader, and we can learn from him
Review: I have the honor to go to school with 2 of Lewis's kids, and had the privledge to meet him. All I can say is he is a great guy, and probably one of the best, if not the best trader on the Merc. Since this is a field that I want to go into, reading this book helped me out. It is a definite must read.

Rating: 1 stars
Summary: Boring ..EGO, "I swear I am not a wiseguy" book.
Review: LBJ and OEJ love their ego trip.. The book is barely readable. EGO MANIA! Nothing to learn here. We need PRS to do a book hahaha right RAY? You know that the reviews with the 5 stars are OEJ, LBJ and the "other" on that side of pit and their clerks writing them. He needs to learn to read before he writes. I bet MSLO will now come out with a book, God help us then!

Rating: 3 stars
Summary: Borsellino knows his stuff right down to the second!
Review: This guy understands the market so well that he talks about exercising options one week before they expire!

Rating: 1 stars
Summary: This is the worst book on the markets I've ever read
Review: Complete was of time and money. I couldn't care less about Borsellino's father, or family life. If I could sell the book short, I would.


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