Then you might pick up some tips from The Electronic Day Trader , No.5 on this month's hardcover best-seller list. But don't confuse its approach with conventional investing.
Day traders execute hundreds of trades a day, hoping to rack up profits on tiny share-price moves.
They shirk data on company earnings or analysts' ratings, making decisions on the basis of blips on charts and a steady flow of trading data. You may also benefit from the book's history of how changes in regulations and electronic access to information have leveled the playing field between Wall Street and the rest of us. To implement the book's strategies, you must tap into pricey online trading systems with advanced charting and detailed, real-time quotes. Then again, readers of The Electronic Day Trader probably aren't after a good read as much as tips on making a fast buck. Practical and ''spiritual'' steps for managing money.