Business Editors/Hi-Tech Writers
ROCKVILLE, Md.--(BUSINESS WIRE)--Aug. 7,
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: Day 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 and co-founder of undergroundtrader.com will be on-hand August 18 - 20 at the International Online Trading Expo held at the Ontario Convention Center in Ontario, Calif. (40 miles east of Los Angeles) 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 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. 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 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 , undergroundtrader.com is a privately held company 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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