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The most unlikely story of all is the one about the Sixth Market; how the following collection of events came together to make modern individual trading possible: |
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The increasing availability of information |
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The changing of key regulations |
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The availability of abundant, cheap bandwidth |
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The irrelevance of the traditional stockbroker |
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The emergence of a new kind of trader |
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The story of the Sixth Market is really only beginning, because even more change is coming. We get you ready for the future by examining: |
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ECNs, and their impact on liquidity, executions, and existing exchanges |
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NASD, and how regulation will shape trading |
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Technology, and the move toward more automated trading |
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Training, and how education will be your source of competitive advantage |
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Part Two describes what you need to do to be prepared to trade in the markets. Training yourself to know the technology, markets, personalities, and legalities of trading will strengthen your chances of success. |
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How do you keep up with technology when it changes so fast? Trading drives technology, and technology drives trading; it is an endless chase. The authors bring much-needed clarity to these issues, and suggest practical and affordable ways for you to stay technologically competitive. |
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How do you choose the right broker? It's not a matter of which broker has the funniest ad; this is serious stuff. We give you specific guidelines for choosing the broker with the resources to help you gain an edge in the markets. |
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In Part Three, we face the heart of the matter: profiting in the Sixth Market. |
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For years, the brokerage industry encouraged the myth that trading was hard, that it was complicated, that it was beyond the abilities of mere mortal people. The good news for you is that you can do it. Trading is a skill that can be learned, and the concepts for success are easy to understand. |
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In the past, learning to trade successfully meant you had to learn about trading psychology from one authority, technical analysis from another expert, and money management from still a third. In The Sixth Market, we offer the first comprehensive approach to learning how to |
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