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Guide to Effective Daytrading - Precision Trading …

Copyright 2003 by Melvyn L. RaimanALL RIGHTS RESERVEDThis publication may be reproduced or trasmitted by e-mail for personal for commercial use must be requested from the copyright information and suggestions expressed in this publication are the personal opionions of Melvyn L. Raimanand have not been endorsed by the manfufacturer of Wizetrade and WizeFinder. This information is beingprovided to users of Wizetrade at their request for their personal use and Melvyn L. Raiman assumes no respon-sibility for their Trading results. Since there are many vairables inherent in day Trading including the skill level ofthe individual trader, his or her ability to interpret Wizetrade charts, the direction of the market, the execution ofthe trader s broker, and the Trading characteristics of a particular stock, it must be assumed that there will be arange of success rates when applying any Trading Wizetraders Guideto EffectiveDay TradingMel Raiman, had the pleasure of speaking about day Trading at WizeFEST 2002.

1: Let’s Take Care of Business Day Trading is a Business This first chapter is where we take care of some business before getting to the good stuff.

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