Rating: Summary: On-floor commentary Review: It has been said on the floor that Lewis Borsellino has now written more books than he has read.
Rating: Summary: Great story from a great trader! Review: The Day Trader is the best book I've ever read on trading, and one of the best books I've read in a long time. I laughed. I cried. And I learned a lot about the markets. Borsellino is a great trader and he tells a great story.
Rating: Summary: Great Book--good information Review: Lewis Borsellino has written the definitive book on trading and living in the up-and-down world of trading. This book will appeal to anyone interested in the markets. Equally compelling are the personal stories of growing up in an italian-american family in Chicago. Once I started reading this book, I could not put in down.
Rating: Summary: 'Worth' the money Review: The quote on the front of the book from Worth Magazine says it all. It is " the most honest road map to a successful trading career ever written." Borsellino doesn't try to sell some pie-in-the-sky advice on day trading. He tells it like it is. A great book and a great read.
Rating: Summary: THE DAY TRADER DELIVERS !!!! Review: This book has more wisdom per page than anything else I've read on trading. It's not a how to book. But the lessons about trading- and life- that it contains are priceless.
Rating: Summary: A brutally boring ego trip Review: As best I can figure, Borsellino wrote this book for three reasons-ego gratification, to get publicity to help raise funds for his money management firm, and to try to capitalize on the trend of day/electronic trading books landing on business best-sellers lists. Borsellino offers absolutely no insight into his trading strategy beyond what can be found in any trading primer-the trend is your friend, use stops, don't use too much leverage. He was far short of having enough material for a book, so the same stories are repeated over and over, while other ideas are milked for all their worth. One less-than-memorable passage: "...In the high times of 1987, I made $4.5 million, solely by trading my own money. I earned no investment fees or commissions. Every dollar I earned was the profit I made by trading my own account. I was among the fortunate ones who made a lot of money in 1987..." The main message of this book is, "I'm great and my father, the mobster, was great." It's also a work of fiction: "...Together, [my assistant] and I instituted a lot of innovations in pit trading. We hired a clerk just to help us check trades...Now virtually everybody has a trade checker in the pit..." So Borsellino invented trade checking, eh? Why does this sound like Al Gore's claim that he invented the Internet? Finally, Borsellino has a chip on his shoulder the size of a boulder. He tells many tales of the fights he's had in the pit. He claims that Italian-Americans can't get a fair shake in this country, that they are discriminated against everywhere. Basically he's a hot-headed blow-hard who blames others for his own violent temper. "It all started when he hit me back!" The bottom line is--don't waste your time or your money. A much better choice would be Buzzy Schwartz's book "Pit Bull."
Rating: Summary: A boring ego trip Review: What do you do when you want to glorfy yourself, but don't have enough material for a book? Puff it up, then have your friends submit favorable reviews to Amazon.com. Insights into day/electronic trading? Borsellino offers nothing that can't be found in a "How to trade" pamphlet from the Chicago Mercantile Exchange. A much wiser investment of time and money would be Marty Schwartz' "Pit Bull."
Rating: Summary: Really Good Book About Trading Review: The authors successfully capture the world of day traders.I would also recommend Bulls,Bears,and Millionaires.
Rating: Summary: Powerful, convincing - something for everyone Review: The DAY TRADER is a must for anyone contemplating the world of finances in general or a career as a "trader". An honest read for those who have dabbled and lost, as well as for veterans who will undoubtedly nod their heads in agreement as they reflect upon their own careers. Convincing tell all- tell it like it is contemporary saga written from the heart. Lewis Borsellino's honest account is powerful enough to stand on its own based on the endearing father-son relationship that lives beyond the grave.
Rating: Summary: AWSOME,FINALLY A PROFESSIONALS HONEST REAL ACCOUNT Review: THIS IS THE FIRST BOOK I'VE SEEN FROM A REAL PRO WITH EXPERIENCE ON THE INSIDE OF THE TRUTH ABOUT DAY TRADING. THE SINCERITY IS THAT THE AUTHOR IS NOT SELLING ANYTHING! HE IS TELLING THE WHOLE STORY INCLUDING THE SERIOUS RISKS INVOLVED AND HOW MUCH A BEGINNER DOESN'T KNOW. HE'S MADE HIS MILLIONS AND IS THE SUPERTRADER I DIDN'T EVEN KNOW WOULD HAVE BEEN MY OPPONENT.HIS REAL LIFE DRAMA IS INCREDIBLE.
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