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Day trading is undoubtedly the most exciting way to make your own money. Before you begin, you need three things: patience, nerves of steel, and a well-thumbed copy of Day Trading For Dummies?the low-risk way to find out whether day trading is for you.
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'll need to keep a cool head, manage risk, and make decisions instantly as you buy and sell your positions.
Read Day Trading For Dummies and get the tips, guidance, and solid foundation you need to succeed in this thrilling, lucrative, and rewarding career!
Part I: Day Trading Fundamentals.
Chapter 1: Getting Started in Day Trading.
Chapter 2: Planning to Succeed as a Day Trader.
Chapter 3: Deciding What Assets to Trade and How to Trade Them.
Chapter 4: Comparing Trading to Investing and Gambling.
Chapter 5: Regulation and the Modern Trader.
Part II: Day Trading Strategies.
Chapter 6: Technical Analysis 101.
Chapter 7: Market Indicators and Day Trading Strategies.
Chapter 8: Increasing Risk and Potential Return with Short Selling and Leverage.
Chapter 9: Looking for Easy Profi ts: Navigating the Tricky World of Arbitrage.
Chapter 10: Day Trading for Investors.
Part III: Opening Your Trading Shop.
Chapter 11: Setting Up Your Accounts and Office.
Chapter 12: Researching Research Services.
Chapter 13: Stress Management in the Trading Day.
Chapter 14: Managing Your Money and Positions.
Chapter 15: Taxes for Traders.
Chapter 16: But Did You Make Money? Testing, Tracking, and Evaluating Performance.
Part IV: The Part of Tens.
Chapter 17: Ten Good Reasons to Day Trade.
Chapter 18: Ten or So Good Reasons to Avoid Day Trading.
Chapter 19: Ten Common Day Trading Mistakes.
Chapter 20: Ten Alternatives to Day Trading.
Appendix: Resources for Day Traders.
Index.
Very Negative book. The whole first chapter tells you that you're probably not cut out to do this. That's for me to decide given proper INFORMATION, which is lacking and disorganized. Stock Investing for dummies was EXTREMELY well written and helpful; I can not say enough good about that book. I expected the same from this one and was extremely disappointed. Definite DO NOT BUY.
4 out of 4 people found this review helpful.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted October 5, 2011
I have very little patience when it comes to reading badly written books. This one is very well written with solid unique points, but i feel it should cover more on how to pick hot stocks for short term profits. For those who think hot stocks is the way to go in this volatile market I recommend MomentumStockPick com
3 out of 3 people found this review helpful.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.MrsCFL
Posted February 20, 2010
So many "warnings" and "Cautions" and no real HOW DO I DO IT inside. Not what I wanted/needed/expected and way, way too general.
2 out of 2 people found this review helpful.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted May 9, 2012
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Posted June 26, 2011
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Posted August 5, 2010
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Overview
Day trading is undoubtedly the most exciting way to make your own money. Before you begin, you need three things: patience, nerves of steel, and a well-thumbed copy of Day Trading For Dummies?the low-risk way to find out whether day trading is for you.
This plain-English guide shows you how day trading works, identifies its all-too-numerous pitfalls, and gets you started with...