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Acknowledgements

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Many people helped make this book possible. I would like to especially thank the 12 traders whose stories appear here. Each gave generously of their time during lengthy and at times gruelling interviews. Equally important, each shared his or her invaluable insights into the trading life, including coveted techniques, and even some lesson-filled mistakes, all in the interests of helping other traders succeed. Special thanks also to David Richardson and Andrew Vallas at Prima Publishing, for their faith in me throughout this project. My warmest thanks go out to Steve Harris, publisher of Online Investor magazine and to Jan Parr, the magazine’s editor, along with the rest of her staff. Early in 1998, Jan telephoned me to say she was in charge of launching a new magazine, one aimed at helping self-directed investors make best use of the Internet. Would I be interested in becoming one of her contributors, she wanted to know? I remember that day distinctly because it was the beginning of a fascinating new direction for my own writing: covering the incredible boom in online trading. That boom continues, even as markets surge and decline. All the while, Jan’s help and encouragement have been immeasurably helpful, as the articles all of us involved with the magazine worked on tried to explain how the Internet was empowering investors and traders as never before. Later I would be grateful to receive a similar invitation from Jamie Heller and David Landis at TheStreet.com to cover online trading for that financial Web site. The knowledge I’ve gained by researching articles for Online Investor and writing columns for TheStreet.com has been an enormous help in producing this book. Both organizations have allowed me to be a part of one of the most exciting developments at the turn of the century. And for that, I will always be thankful.

The Guts and Glory of Day Trading

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