Alpesh Patel – Diary of an Internet Trader

 Alpesh Patel – Diary of an Internet Trader

A stock trader or equity trader or share trader is a person or company involved in trading equity securities.
Stock traders may be an agent, hedger, arbitrageur, speculator, stockbroker.
Such equity trading in large publicly traded companies may be through a stock exchange.
Stock shares in smaller public companies may be bought and sold in over-the-counter (OTC) markets.

Stock traders can trade on their own account, called proprietary trading, or through an agent authorized to buy and sell on the owner’s behalf.
Trading through an agent is usually through a stockbroker. Agents are paid a commission for performing the trade.

Major stock exchanges have market makers who help limit price variation (volatility) by buying and selling a particular company’s shares on their own behalf and also on behalf of other clients.

The number of online trading accounts in Europe alone is expected to grow from 4.4 million at the end of 2000 to a staggering 16.8 million by the end of the 2003. Until recently the world of online trading was ruled by professional men over the age of 30. Today the picture is quite different, with online trading being taken up by homemakers, retirees and teenagers of both sexes, as well as the professional vanguard. Internet trading has hit the mainstream and it’s time to take advantage. Diary of an Internet Trader evolves the hugely successful column published in the Financial Times, now fully updated and supplemented. A wealth of new websites, screen shots, and additional reference materials have been incorporated, and are packaged within a highly accessible question and answer format. As well as following the clear but opinionated style that makes the columns essential reading, it provides the most thoughtful insights into Internet trading from the authority on the subject, giving you a glimpse into the life of a successful private investor and the strategies to replicate his phenomenal achievement.

“Online Trading is a battlefield. and Alpesh Patel has the battle scars to prove it. Let this veteran trading warrior show you how to survive and thrive with his latest Internet guide.” Thom Calandra, Editor-in-chief, CBS MarketWatch

Described by Channel 4 as the UK’s best known internet trader, Alpesh started programming computers in BASIC at the age of 10 and buying stocks 18 years ago at the age of 12. He left a legal career to trade full time. Today he concentraes on US stocks as well as futures and options trading, making extensive use of the internet for research since he was a Congressional Intern in 1994 and combining this with his own technical analysis systems. On Channel 4’s latest Show Me The Money series he came number 1 of 45 expert stock pickers. Alpesh writes the ‘Diary of an Internet Trader’ for the weekend Financial Times and appears weekly on Bloomberg TV on Bloomberg Money. In 2001 he completed his own TV interview show series, ‘NewsBytes’. Alpesh is the author of Net Trading, Trading Online, The Mind of a Trader and Pocket Guide to Trading Online, all published by Financial Times Prentice Hall. His books have been translated into Spanish, German, French, Chinese, and Polish. Alpesh regularly speaks on online trading, trading psychology and technical analysis around the world.

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