Day Trading For Dummies

Day Trading For Dummies

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by Ann C. Logue
     
 

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  • Get started with an action plan
  • Avoid day-trading pitfalls
  • Position yourself for trading success

Start day trading today with this hands-on guide to mastering the markets

This plain-English guide shows you how day trading works, identifies its all-too-numerous pitfalls, and gets you started with an action plan. From

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Overview

  • Get started with an action plan
  • Avoid day-trading pitfalls
  • Position yourself for trading success

Start day trading today with this hands-on guide to mastering the markets

This plain-English guide shows you how day trading works, identifies its all-too-numerous pitfalls, and gets you started with an action plan. From classic and renegade strategies to the nitty-gritty of daily trading practices, it gives you the knowledge and confidence you need to keep a cool head, manage risk, and make decisions instantly as you buy and sell your positions.

  • Understand day trading — discover the fundamentals of day trading, from what it is to how it works
  • Start strategizing — get all the facts on the different strategies and research techniques day traders use to determine how and when to buy and sell their positions
  • Pick up the tools of the trade — find out how to set up your office to improve your response times, choose the support services you need to research trades, and get through a treacherous trading day with your sanity intact
  • Get down to the nitty gritty — grasp the day-to-day "stuff" that separates day trading from other types of trading, like paying taxes on your gains, measuring your daily trading performance, and much more
  • Move beyond stocks — find out how to trade in commodities and derivatives, among other more exotic trades

Open the book and find:

  • Market indicators and day trading strategies
  • Advice on how to manage money and your positions
  • Key characteristics of successful day traders
  • Guidance on understanding risk and return
  • How to differentiate trading, investing, and gambling
  • A look at rules and regulations
  • Research techniques used in day trading
  • Tips for managing stress in the trading day

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Product Details

ISBN-13:
9780470942727
Publisher:
Wiley
Publication date:
06/07/2011
Series:
For Dummies Series
Pages:
360
Product dimensions:
7.30(w) x 9.10(h) x 0.90(d)

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