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Title: Old ideas, Tough to implement profitably
Review: The author makes day-trading sound like it's child's play. However, the truth is far from that. The trading method he "teaches" makes you compete directly with AMEX/NYSE specialists. It is foolish to think that you can compete with specialists, who are in essence the BEST TRADERS IN THE WORLD!! As stated in previous reviews, Farell's method involves trading in very illiquid stocks, meaning that it may be very tough to buy or sell in quatities that you want to when you want to. It is very likely that you end up holdingp positions overnight because nobody wanted to buy at your price. I will stick with short term support and resistance trading until I find a better method. Hit and Run trading is a mcuh better book on day traidng. Good luck!
