Hardcore Daytrading Author Attends Online Expo; Book, undergroundtrader.com Boasts Trading Methods 'with an Attitude'.Business Editors/Hi-Tech Writers ROCKVILLE, Md.--(BUSINESS WIRE)--Aug. 7, 2000 Online Investor magazine calls Jay Yu an "enigmatic online stock prophet." Some of Yu's followers consider themselves "Jay Traders." McGraw-Hill Publishing signed him to pen The Undergroundtrader.com Guide to Electronic Trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. : Day Trading Day trading Establishing and liquidating the same position or positions within one day's trading. Techniques of a Master Guerilla Trader (by Jea Yu), which will be released this month. Yu also authored the Internet bestseller Underground Level II Daytraders Handbook. This 29-year-old CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and co-founder of undergroundtrader.com will be on-hand August 18 - 20 at the International Online Trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. Expo held at the Ontario Convention Center in Ontario, Calif. (40 miles east of Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. ) to share his industrial-strength insight and no-nonsense day trading methods. "Online trading isn't a playground for chippies with a big allowance," says Yu, who uses NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on LEVEL II data in his real-time analysis. "It's bloody trench warfare that demands discipline and a strong stomach. We work to teach our members how to trade like a sniper with laser-sharp precision." At the core of its products and services is undergroundtrader.com, an interactive, Java-based trading pit (chat room) where real time alerts are called through out the day. "We make our calls based on solid charting and momentum indicators Momentum indicators Indicators used in market analysis to quantify the momentum of upward and downward price movements. . We then determine the best plays and their respective entry and exit points and deliver this to our members in real time," says Yu. "Our members stand to profit as they learn." Considered a "sanctuary for the serious day-trader," weapons in the Underground Trader's arsenal include tools and principles such as: -- 1-minute Stochastics for short-term momentum -- 3-minute Moving Average Charts for Trend -- 3-Price Break Reversals -- Fibonnacci Pivot Points "Client education is critical," says Yu, "But we've tossed out the textbooks, ripped apart the myths and misconceptions about day trading and forged the straight, hardcore truth for those with the guts to listen. Using these proprietary indicators, we help our members learn how to become consistently profitable while minimizing risk and preserving capital. "Our goal is not to make a homerun every day, but to consistently make base hits." See Yu at the Expo - Booths No. 119 and 121. Patrick M. Connelly, P.C., COO, RAL 1. RAL - Rutherford Appleton Laboratory (UK). 2. RAL - An expert system. and Nitro will also be available. Or, email questions to askJay@undergroundtrader.com. For an online tour or to sign up for a free trial, check out www.undergroundtrader.com. Founded in January 1999, undergroundtrader.com is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in Rockville, Md. They offer a real time online Java chat room called The Underground Trading Pit, and a how-to manual called The Undergroundtrader.com Guide to Electronic Trading: Day Trading Techniques of a Master Guerilla Trader published by McGraw-Hill. Allied partner, Stormchaser Technologies, offers a software suite called Stormtracker with a real-time trading alert system. See www.stormchasertech.com. The International Online Trading Expo is scheduled August 18 - 20. For information call Laura Laflin at 800/390-3085 or go online at onlinetradingexpo.com. |
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