The After-Hours Trader

Rating:
Summary: Mentions MidnightTrader.com - a top notch resource!
Review: A must read for the active online trader. After-hours trading volumes continue to surge and this book shows you where to get your information and how to use it. Well done and highly recommended. I have been a broker for 15 years and it is the best book I've read so far.

Rating:
Summary: Mentions MidnightTrader.com - a top notch resource!
Review: A must read for the active online trader. After-hours trading volumes continue to surge and this book shows you where to get your information and how to use it. Well done and highly recommended. I have been a broker for 15 years and it is the best book I've read so far.

Rating:
Summary: A good review of the stock market & after hours trading
Review: I never quite understood what people meant by "leveling the playing field." After reading this book, I now know. It is very exciting to know how the averge person can have access to the stock market in much the same way as institutional investors. Also, I didn't understand what ECNs were and how they worked, but now I do. This book is a great overview of the stock market--where it's been, where it could be going, and the role after hours trading will play. I found the trading strategies discussed in the book valuable, too.

Rating:
Summary: A total waste of your money and time
Review: I once visited a daytrading firm here in Holland, were simply ALL the traders were loosing money. I wasn't too suprised, the traders were just beginners and simply hadn't yet acquired the needed knowledge and skills to succeed. I spoke to the manager about this, he told to me: "Well, if trading isn't going to make us money, we can still write a book and earn money that way !". I think that the writer of this book belongs to this category of 'traders'. This book consists of 270 pages, from which 220 are filled with total useless information. The other 50 pages can be usefull, but only if you're a complete beginner and in that case I strongly advice you to read some other books like "The market maker's egde" from Lukeman, which gives a beginner much more usefull information than this one.

Just a few examples:

10 pages are dedicated to 'selecting a broker', but the brokers they review are all online brokers instead of direct access brokers ! They don't even talk about direct access brokering !

One page is dedicated to the difference between "real time news" and "delayed news" ! I just can't believe that they actually assume that the reader doesn't know that 'free news' is delayed news !

I bought this book because I hoped to see some strategies focused just on the after hours market. Only 30 pages of this book are dedicated to these kind of strategies and are called 'Advanced strategies for the after-hours market'. Wow ! Let's see how advanced these strategies are: "Arbitrage the various ECN's", why didn't I think of this one ! "Observe the price at which orders are being executed", wow, didn't know that this was important ! "Always compare the prices with those at other ECNs to look for conformation", geee, thanks Mister Michael Sincere, I just never thought of this one before !

I can go on and on with these examples, the book is full of it. The writer assumes you're a complete beginner ... Maybe if you're both, this is the book for you indeed. Anyway, I returned this book, it was my first book ever that I had to return...

Rating:
Summary: excellent!
Review: I read this book over the 3 day weekend and I thought it was extremely helpful and a smooth read.This book gives the ins and outs of the after hours market and gets to the bottom line with every paragraph. The interviews with the two top traders and the strategies were most helpful to me, although I am an experienced trader.The sections on picking an online broker and one minute strategies are best for beginners.All in all, a superb book taht I have recommended to my all my friends on the exchange.It is the first and perhaps only book on after hours trading.

Rating:
Summary: The best book on after hours trading I've ever read
Review: If you want a taste of how informative this book is, just read the book excerpt on the left. The writing style of the authors is fast-paced and extremely readable. There is a ton of information included in the book, including an entire chapter on the psychology of trading. If you even have a remote interest in after hours trading, you will not be disappointed.

Authors, keep up the good work!

Rating:
Summary: Unique concept presented in easy to understand style
Review: When I first saw the title of this book, I wasn't quite sure what to expect. But the reason I was intrigued by it is because, as a traditional long-term investor, I have always placed my stock trades by calling my broker during the afternoons. The only problem is that it always takes time away from my full-time job during the day. So, needless to say, I wanted to learn how to place trades in the evenings, after I got home from work. Anyway, this book does a great job of explaining this concept in a clear and concise manner. If you are a traditional investor who has been wondering how you can participate in placing trades after-hours, I think you will find this book very helpful and thorough.