The Compleat Day Trader II

Unlock High-Probability Day Trading Strategies Backed by Experience and Data

Jake Bernstein, a respected authority on trading psychology and technical systems, returns with a refined and practical playbook for traders who want to dominate the fast-paced world of day trading. In The Compleat Day Trader II, Bernstein builds on his prior success to deliver tactical guidance on breakout methods, inside-day patterns, psychological mastery, and system development—all tailored to the demands of intraday markets.

Whether you’re a newcomer looking to form your trading foundation or an experienced trader seeking new tools to fine-tune your strategy, this book delivers both insight and application. Bernstein not only presents tested strategies, such as the 30-Minute Breakout and Dual Breakout methods, but also teaches how to develop your own systems while avoiding the pitfalls of over-optimization.

Packed with performance data, psychological tips, and detailed charts, this book is more than theory—it’s a proven, actionable guide for traders ready to elevate their results.

What You’ll Learn

• How to apply the 30-Minute Breakout Method for high-probability setups
• Proven ways to use Inside-Day Patterns and Gap Trades
• Detailed system testing insights with examples from S&P and currency markets
• The role of trader psychology and how to build self-discipline
• Pitfalls of over-optimizing and how to create robust trading strategies
• How to manage risk, stop-losses, and trailing exits effectively

Key Benefits

• Discover real-world strategies used by professional traders
• Learn from back-tested data, not just theory
• Enhance your mental approach with psychological frameworks
• Apply day trading concepts to various markets—stocks, futures, currencies
• Gain insight into both technical and behavioral aspects of trading

Who This Book Is For

This book is ideal for:

• Traders looking for repeatable intraday setups
• Professionals wanting to refine or validate existing systems
• Beginners who want a psychologically realistic and technically sound introduction
• Anyone interested in systematic trading, risk control, and discipline-driven strategy

Table of Contents

1. Perspective on Day Trading: Observations, Claims, and Caveats
2. A Review of Market Timing Indicators
3. Day Trading: Art or Science?
4. The 30-Minute Breakout
5. Day-of-the-Week Patterns
6. Trading Systems: Pros and Cons
7. Power of the Inside Day
8. System Testing and Optimization
9. Emotions, Traders, and Markets
10. What Markets to Day Trade?
11. Closings and Openings
12. Gap Methods for Day Trading
13. Accumulation Distribution Oscillator Derivative
14. The Importance of Orders
15. The Psychology of Day Trading
16. The Day Trader’s Rules for Success
17. FAQs