Summary of Brian P. Anderson's The 1 Hour Trade
Please note: This is a companion version & not the original book.
Sample Book Insights:
#1 There are rainmakers on Wall Street, who are hired by the largest hedge funds and investment banks. Some of them program trading robots, known as black boxes. If you aren't a rainmaker, you can still make a living trading without being one.
#2 The defining characteristic of this setup is the large increase in volume relative to the stock's average. This can cause a rush of both retail and institutional buyers into the stock, which creates demand and drives the price up.
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Sample Book Insights:
#1 There are rainmakers on Wall Street, who are hired by the largest hedge funds and investment banks. Some of them program trading robots, known as black boxes. If you aren't a rainmaker, you can still make a living trading without being one.
#2 The defining characteristic of this setup is the large increase in volume relative to the stock's average. This can cause a rush of both retail and institutional buyers into the stock, which creates demand and drives the price up.
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