The basic skills for becoming a successful trader from a master
of the game

Written by Fausto Pugliese (founder and CEO of Cyber Trading
University) this must-have resource offers a hands-on guide to
learning the ins and outs of active trading. How to Beat the
Market Makers at Their Own Game gives professionals, as well as
those relatively new to investing, a behind-the-scenes look at the
inner workings of the marketplace and a comprehensive overview of
basic trading techniques. The book explains how to apply the
trading strategies of acclaimed trader Fausto Pugliese. Step by
step the author covers the most common market maker setups, shows
how to identify market maker traps, and most importantly, reveals
how to follow the direction of the lead market maker in an
individual stock.

Throughout the book, Pugliese puts the spotlight on Level II
quotes to help investors understand how market makers drive prices
and manipulate the market. This handy resource is filled with the
tools needed to interpret market maker activity so traders can
truly understand the market and trade accordingly.

• Offers an accessible guide for developing the investing skills
  to trade with confidence

• Filled with the real-world trading experiences and techniques
  of Fausto Pugliese

• Covers simple technical patterns that are important in day
  trading

• Includes a website with exercises to help master the book's
  techniques

  How to Beat the Market Makers at their Own Game will
  become your well-thumbed resource for learning what it takes to
  succeed in short-term stock trading.

  Autorentext

FAUSTO PUGLIESE is founder and president of Cyber Trading University. Pugliese began his career on Wall Street as a stockbroker and was one of the first independent traders to take advantage of the Direct Access Trading technology boom that started in 1987. He has appeared on Fox News, CNBC, and other financial shows. He also writes for Equities magazine and hosts a radio show on Biz Radio.

Zusammenfassung
The basic skills for becoming a successful trader from a master of the game Written by Fausto Pugliese (founder and CEO of Cyber Trading University) this must-have resource offers a hands-on guide to learning the ins and outs of active trading. How to Beat the Market Makers at Their Own Game gives professionals, as well as those relatively new to investing, a behind-the-scenes look at the inner workings of the marketplace and a comprehensive overview of basic trading techniques. The book explains how to apply the trading strategies of acclaimed trader Fausto Pugliese. Step by step the author covers the most common market maker setups, shows how to identify market maker traps, and most importantly, reveals how to follow the direction of the lead market maker in an individual stock.

Throughout the book, Pugliese puts the spotlight on Level II quotes to help investors understand how market makers drive prices and manipulate the market. This handy resource is filled with the tools needed to interpret market maker activity so traders can truly understand the market and trade accordingly.

• Offers an accessible guide for developing the investing skills to trade with confidence
• Filled with the real-world trading experiences and techniques of Fausto Pugliese
• Covers simple technical patterns that are important in day trading

• Includes a website with exercises to help master the book's techniques
  How to Beat the Market Makers at their Own Game will become your well-thumbed resource for learning what it takes to succeed in short-term stock trading.

  Inhalt

  About the Author ix

  Introduction 1

  Chapter 1 The Direct Connection 5

  Chapter 2 The Stock Markets 11

  Chapter 3 Going to the Next Level 15

  Chapter 4 It's a Matter of Execution 19

  Chapter 5 Picking Tradable Stocks, Part I 27

  Chapter 6 Picking Tradable Stocks, Part II 37

  Chapter 7 Time and Sales 49

  Chapter 8 Ignorance Is Bliss 53

  Chapter 9 Finding the Ax 59

  Chapter 10 Charting a Course 65

  Chapter 11 Watching the Trends 71

  Chapter 12 Making a Game Plan 81

  Chapter 13 Your Trading Day 85

  Chapter 14 Trading Rules of the Road 93

  Chapter 15 How to Be a Successful Trader 103

  Chapter 16 The Best Trading Tools 121

  Afterword 131

  Index 133