Retail Value: $ Priceless
"The Day Trader" - From the Pit to the PC, Lewis J. Borsellino, 1st Ed., HB, 239p, w/warranty in perfect operational condition and comes with our full 100% satisfaction warranty.
We usually ship same day in spite of the "handling time" stated
- New - Hardback
- Title: "The Day Trader" - From the Pit to the PC
- Author: Lewis J. Borsellino
- 1st Edition
- Hard Back
- 239p
- 11 chapters
- See pics for partial table of contents
- Release Date: 1999
- The S&P futures pit is the ultimate arena for traders. It is a place where trading titans make split-second decisions on huge amounts of money, and fortunes appear and vanish with the blink of an eye. Successful day traders are brilliant, aggressive-and lucky. Lewis J. Borsellino is all three. And now he is telling his story. The nation's top S&P futures trader, Borsellino takes you inside the world of the day trader. Chronicling Borsellino's incredible run on the floor of the Chicago Mercantile Exchange, The Day Trader offers a rare behind-the-scenes look at his everyday strategies and tactics. Raised to be a fierce and fearless competitor, Borsellino felt at home the first day he walked into the chaos and excitement of the Merc. In The Day Trader, he offers both a compelling story as well as an inside look at day trading and the S&P market. Borsellino outlines exactly what contributed to his unparalleled success-a rare blend of discipline, drive, intelligence, and an uncanny ability to read and interpret the market. The Day Trader is also a candid memoir of a second-generation Italian American who learned tough life lessons from his father. The senior statesman of the S&P pit, Borsellino offers vivid firsthand accounts of the unique dynamics of the trading floor, the fortunes won and lost in the crash of 1987, the FBI investigation that rocked the futures trading industry, and the tense political battles between Merc titans Leo Melamed and Jack Sandner. He also shares war stories from the floor, many involving top traders such as Richard Dennis and George Soros. Finally, Borsellino chronicles the latest phase of his career, as he moves beyond the trading pit to the challenges and opportunities of the electronic trading arena. More than the success story of one of the nation's most respected traders, The Day Trader offers practical insights into the futures markets, pit trading, market psychology, fundamental and technical analysis, and risk. It is a rare opportunity to see inside the mind of one of today's most brilliant traders. "A legendary S&P floor trader has written a powerful, brutally honest chronicle of his determined rise to the top of his profession. Touching and insightful, this riveting account is one of the best trading memoirs ever."-Nelson Freeburg, Publisher, Formula Research. "The Day Trader provides a rare look into the events that shaped the extraordinary character of one of the most unique people to ever put on a trading jacket . . . it comes as no surprise that Borsellino places himself at the center of the maelstrom surrounding electronic trading versus open outcry and provides a truly balanced, intelligent, and unemotional view of the momentous transformation occurring in the financial markets. It is imperative that anyone involved in trading the markets-either traditionally or electronically-read this story and benefit from the insights of one of the great traders of our lifetime." -Mario Alberico, Former Senior Vice President, Electronic Trading, Chicago Mercantile Exchange. "The Day Trader is must reading for anyone in the market. Lewis Borsellino is an Italian American hero who climbed the mountain with guts and honor. The neighborhood kid will always remember where he came from."-Dominic Di Frisco, President Emeritus, Joint Civic Committee of Italian Americans.
- Ship weight 1 lb
Customer: "It’s an auto biography of the man’s life and yes, he happened to be a daytrader. If you wrote a biography, it wouldn’t just be work related, it would be life-related.
You can tell pretty easily that the man grew up as a tough kid with a tough family, fighting for everything they had. Yes his dad had mafia ties. Yes, he’s very confident, if not arrogant as some might say, but did you expect to read about a pit trader with low self esteem? Good luck finding one of those! I actually thought it was sort of humbling that throughout the book he decries that basically everything he has accomplished in life is because of his dad in one way or another. Yes, he talks a lot about the pits and the change to electronic trading, but hey, it was big news in 1999 and life changing for a pit trader. I thought he was quite rationale about it all though, trying to embrace what he declared was the future (electronic trading) as opposed to holding onto the past. The man correctly predicted the CME and CBOT merger years before that happened.
So what if he talks about his childhood a lot. I think most people would if they wrote a book about themselves. It’s no different than Marty Schwartz talking about art all the time and Niederhoffer talking about hand ball constantly and if Livermore actually wrote a biography himself it would probably be 1/4th about fishing. Who are you to tell a man how to write about his own life? He never promised a book that would make you a great day trader.
If you are a day trader (a real day trader) then you will enjoy this and all other books by actual day traders, because you already know you can’t find them at church, parties or social gathering. They are few and far between and their story will always enthrall you. If you are still trying to make it as a day trader, then know that this isn’t an instructional book. "