The Complete Guide to Investing in Short Term Trading: How to Earn High Rates of Returns Safely

Overview

Short-term trading refers to the practice of buying and selling financial instruments within the same trading week or, at most, a few weeks. Short-term traders buy and sell stocks over a few days or weeks in the hope that their stocks will continue climbing in value for the time they own them, making for quick and, often, huge profits. Some of the more commonly traded financial instruments are stocks, stock options, currencies, and futures contracts such as equity index futures,...

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Overview

Short-term trading refers to the practice of buying and selling financial instruments within the same trading week or, at most, a few weeks. Short-term traders buy and sell stocks over a few days or weeks in the hope that their stocks will continue climbing in value for the time they own them, making for quick and, often, huge profits. Some of the more commonly traded financial instruments are stocks, stock options, currencies, and futures contracts such as equity index futures, interest rate futures, and commodity futures.

Short-term trading was once the preserve of banks, financial firms, and professional investors. Many traders are bank or investment firms employees working in equity investment and fund management. As with many other business segments, the Internet, technology, and legislative changes have opened up this attractive marketplace to a new breed of individual investors and speculators working part-time. You and I can now stand on an even playing field with the largest banks, wealthiest individuals, and trading institutions from the comfort of home.

Short-term trading can provide you with very high and secure rate of return as high as 12%, 18%, 24%, or even 300%. If performed correctly, short-term trading can far outpace all other investment techniques. The key is to know how to perform this process correctly. This all sounds great, but what is the catch? There really is none, except you must know what you are doing! This groundbreaking and exhaustively researched new book will provide everything you need to know to get you started generating high-investment returns with low risk from start to finish.

In this easy to read and comprehensive new book you will learn how to set up your online account, how to choose the correct software to use in trading, how to get started in short-term trading, how to invest in short-term stocks, evaluate performance, and handle fees and taxes. This book delves into trading tactics for swing trading, position trading, leveraging the stock market, selling short, and pinpointing entry, exits, and targets for your trades.

You will pick up the language of a trader so that you recognize candlestick patterns, advancing and declining issues and volume, call options, and put options. You will know how to find the very best stocks every day, how to read and prosper with stock charts, how to use the New York Stock Exchange tick indicator and trading index (TRIN), the Commodity Channel Index (CCI), the moving average convergence/divergence (MACD), the Dow 30-Day Moving Average. As you read this book, the mysteries of short-term trading will unfold so that you can double or even triple your investment all while avoiding the common traps and pitfalls. In addition, we took the extra effort and spent an unprecedented amount of time researching, interviewing, e-mailing, and communicating with hundreds of today s most successful investors.

Aside from learning the basics of mutual fund trading you will be privy to their secrets and proven successful ideas. Instruction is great, but advice from experts is even better, and the experts chronicled in this book are earning millions. If you are interested in learning essentially everything there is to know about short-term investing as well as hundreds of hints, tricks, and tips on how to earn enormous profits in short-term investing while controlling your investments, then this book is for you.

Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company president’s garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice. Every book has resources, contact information, and web sites of the products or companies discussed.

This Atlantic Publishing eBook was professionally written, edited, fact checked, proofed and designed. The print version of this book is 288 pages and you receive exactly the same content. Over the years our books have won dozens of book awards for content, cover design and interior design including the prestigious Benjamin Franklin award for excellence in publishing. We are proud of the high quality of our books and hope you will enjoy this eBook version.

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Product Details

  • ISBN-13: 9781601380029
  • Publisher: Atlantic Publishing Group Inc.
  • Publication date: 3/8/2008
  • Pages: 288
  • Sales rank: 546,875
  • Product dimensions: 5.90 (w) x 8.90 (h) x 1.00 (d)

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Sort by: Showing all of 16 Customer Reviews
  • Anonymous

    Posted December 23, 2008

    Beware of Publishing Company Shills

    In my searching I note the same 11 cut & paste reviews from another popular book online e-tailer that does not allow anonymous reviews, wh/upopn examination reveal that the ONLY books these folks have reviewed are ALL published by Atlantic Publishing Company and receive 5 star ratings. B&N customers - if it reads like marketing hype and lacks any substantive content directed at the title's strengths and weaknesses it's probably not legitimate.

    2 out of 2 people found this review helpful.

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  • Posted December 29, 2008

    more from this reviewer

    I Also Recommend:

    Very readable introduction to short term trading

    Despite the slightly odd title ("INVESTING in Short Term Trading"??) this is a nicely written, very readable introduction to short term trading.<BR/><BR/>The wise words on fear and greed in chapter 1 should get you hooked from the start, and there is a nice analogy of the stock market having a "breathing pattern" that is sometimes eratic and sometimes calm.<BR/><BR/>Some of the points that the author makes are profoundly accurate: like the fact that you don't have to "be right" about the market all the time; and, in fact, you won't be. Some of the points are less convincing; like the fact that you must "stick to your plan" while at the same time "being adaptable". I know what he means, but what is a beginner to make of it?<BR/><BR/>I'm not keen on trading books that recommend what computing equipment you should buy, and which go into detail to the level of the CPU, RAM etc. Any reasonably modern PC with a broadband Internet connection and a popular web browser like Internet Explorer or Firefox should suffice, and I think that too much detail here detracts from the main point which is to teach you how to trade.<BR/><BR/>The summaries at the end of each chapter are very useful, and the "success stories" are a nice touch reminiscent of "Market Wizards: Interviews with Top Traders".<BR/><BR/>Tony Loton, author --<BR/>"Financial Trading Patterns"<BR/>"DON'T LOSE MONEY! (in the Stock Markets)"

    1 out of 1 people found this review helpful.

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  • Anonymous

    Posted July 29, 2008

    For A Serious Investor

    For the serious investor, all the information you need to know and do before you make a trade is in this book. It becomes clear that Northcott wants you to become comfortable with the idea of trading and identifies the many challenges that new traders face. He doesn¿t send the unrealistic approach that you can win every time, but instead explains that you can trade without risking everything if you follow the guidelines in his book. You begin to discover what category you fit into with the different type of traders that are presented in the book and what might work for you using a variety of trading topics and interviews from those who work in the business everyday. Each chapter ends with a summary and a list of important terms filled with tips to become a natural in investing. Even if you don¿t invest, you can understand how investing affects everyone and what it takes to become a part-time or full-time trader. Northcott warns the reader to watch out for greed and fear and lets you know what to expect in the industry. Most of what you need to know about brokers, placing your orders, and how to establish a business plan to make your dreams into realistic goals are in this book. Precise information on the different markets and stock exchanges allows the reader to understand more on market makers and market pricing. The chapter on how to view charts is very helpful in deciding on future investments or to understand current investments and analyze stock trends. Northcott says there needs to be a balance between being safe and taking risks. I¿m a frugal person and not one to take a chance, but I might give it a try now. Although some of the information in this book can be presented clearer at times, this book is easier to understand than other investing books. It gives you the tools to make the decisions you will need to make in this profession that will help you to succeed and recognize an opportunity over a downfall.

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  • Anonymous

    Posted August 1, 2008

    Trading Success

    When people first think of trading as a profession, they typically focus on two key elements ¿ self employment and lots of money, and probably not in that order. But The Complete Guide to Investing in Short Term Trading sheds light on the reality of trading ¿ that it¿s hard work and, if managed the right way, can be quite rewording. The book opens with a review of the many emotions involved in trading and how there needs to be a balance to have a successful career in trading. It also offers a detailed look at various types of markets (Broad, Stock, Bond, Futures, Options, Forex and Commodity), the types of traders associated with each (Day, Swing and Position), and an overview of order placements. In detailed description, the book educates readers considering a career in trading about the ins and outs of the trading profession. With its step-by-step instruction, this book is a terrific business tool for anyone with a desire to participate in the world of trading. It offers fundamental information including a glossary for novices and more advanced information for traders already working in the field. This is one comprehensive book for anyone considering a career as a trader.

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  • Anonymous

    Posted June 25, 2008

    Emotions behind the Investing

    I¿ve read quite a few books on investing stocks and bonds and this is the first one that addresses the motive behind it all Emotions. I particularly liked the ¿Success Stories,¿ a brief yet in depth look at those who have prospered from using this book. As the chapters proceed, stock market buzz words and other important terms are explained in easy to understand, layman¿s terms. This book provides an entertaining and practical read.

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  • Anonymous

    Posted April 16, 2008

    The Short and Long of Day Trading

    The Complete Guide to Investing In Short Term Trading by Alan Northcott is a great tool for the novice and seasoned trader alike. It gives real life examples of how traders have won big, lost their shirt and everything in between. The author is much like a personal business consultant. He shows you how to get started and build your business into a long-term, profitable entity. The strategies in this book are priceless. Industry experts convey the same information at seminars and workshops for enormous sums of money. So whether you are trying to decide if trading is for you or you're reaching for the stars. The Complete Guide to Investing In Short Term Trading is sure to launch you to new levels.

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  • Anonymous

    Posted April 1, 2008

    Great for a beginner

    The Complete Guide to Investing In Short Term Trading, by Alan Northcott, did not immediately catch my eye. Upon browsing the table of contents, though, chapter 14 attracted me because I am a newcomer to the field of investing. I just enrolled in my company 401K last year. Thus, this chapter should have been at the beginning and then gone from there, especially since it references material from other chapters. I liked the introduction as it provided some background and key information like how the Internet plays a vital yet tragic role in the industry. The Internet expanded the field and allows anyone to trade and invest and make a royal mess without getting out of their pajamas. The book contains good subheads, which breaks up each long chapter, and each chapter contains a success bullets and words to know section. These components make the book a great reference to use over and over again. The major attractions in the book are the success stories and real-life experiences.

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  • Anonymous

    Posted March 10, 2008

    Trading newbies: Add this book to your reference shelf

    I wish I had read this book years ago -- I may have been able to react more appropriately (ie: I wouldn't have tuned out, or my eyes wouldn't have crossed) when my husband raved about a stock that he had just sold at a profit, or another one that he was watching as CNBC pundits argued in the background. I'd go into the 'huh? zone' because I didn't understand what he was talking about when he referred to futures, options, puts and calls. All I vaguely knew was that a stock going up in price was a good thing, and you buy low and sell high. So, while I'm not planning to do any short term trading, this book gave me a better understanding of trading in terms that I could understand. I sailed through the first several chapters in which Northcott went over the basics: supply and demand, global influences, the mindset of a trader, the differences between the markets and exchanges, placing orders, the types of traders, economic indicators and the tools that are needed to be a trader. Northcott's cheat sheet at the end of each chapter offers a quick look at the chapter in the form of 'success bullets' and 'words to know' that I found helpful and invaluable to someone using this as a reference book. I did start to get into the 'huh? zone' around Chapter 8 when Northcott went into the nitty-gritty world of charting, and I found my reading slowing down as I stumbled over candlestick charts and support, resistance and continuation patterns. His lesson on indicators (ie. Moving Average Convergence/Divergence indicator and the Stochastic Oscillator) go into a detail that should make this book required reading for the beginning trader. The next several chapters aren't a quick read - in fact, they'll take several re-readings and a highlighter. But they're basic tools for anyone wanting to research and trade on the markets. I closed the book with new knowledge and a better understanding of just how risky and exhilarating short term trading can be. This book doesn't offer a get-rich-quick plan, but it does provide a look at the basics of what it takes to do this kind of trading. Throughout the book, Northcott stresses that short term trading is a business, so the novice needs to think of it that way. Don't let emotions like greed and fear get in your way. Come up with a business plan and stick with it: do research to get in or out of the markets, and know the point when you've got to fold and get out. I'd give this book five stars and recommend it as a required reference book on the shelf of anyone who dabbles in buying or selling on the markets to those who want to make it a career.

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  • Anonymous

    Posted March 10, 2008

    Essential for your Know-How

    Just reading through the table of contents may seem daunting for this incredibly detailed and well broken-down text. But don¿t put it back on the shelves simply because of information overload! This book claims to be a complete guide to investing, and it takes that claim seriously. The strength of this book, in my opinion, is its variety of voice. Technically, it has one author. But between the covers are numerous interviews and personal stories on success and failure of stock market trades- not fictional scenarios, but real anecdotes from real (and often well known) `expert¿ traders. There is also the layman¿s approach to it all, with a glossary of terms and handy information `bullets¿ in the back of each chapter (in case the words were making your head spin). The author also does not cushion us readers with false hope or any sugar-coated lies about ease and success- which, as a beginning stock trader, I greatly appreciate. So, although it may take you weeks to fully comprehend the mass of information here, stick with it. Because, as we all know, playing the market is based on education, not luck, and so if you¿re a beginner in short term trading you should do your best to educate yourself fully. And this book should be a part of that education.

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  • Anonymous

    Posted March 17, 2008

    A reviewer

    This book is a full-on crash course in short term trading. Although it's designed to educate beginners there's a ton of advanced material in here. Luckily, Alan Northcott breaks down this dense subject matter into clearly-defined subsections and tackles each piece individually. It made me feel like I had a good understanding of concepts that I previously had no knowledge of, like how to place different types of orders and buying stocks on margin. Before I picked up this book my eyes would just glaze over when I looked at a price chart, but by the time I got through the chapter 'Caught on the Technicalities' I was actually excited to watch CNBC! Throughout the text there are short 'Success Stories' that are enjoyable to read and that help put the high volume of technical information into a more personal context. Overall, it's a well-presented introduction to an intimidating subject. Of course, there were several sections I had to read a few times (as well as others that were much quicker to read through). I found it very useful that bullet points and lists of key words to know are provided at the end of each chapter. The glossary in the back of the book is also great for quick reference. I really appreciated Northcott's blunt approach and constant cautions not to get carried away. While I've read other books on investing that emphasize how much can be gained from the markets, Northcott rarely goes a few pages without reminding the reader that thrilling highs can easily turn into devastating lows. (This point hits home especially hard when he discusses the current state of the economy.) This is easily one of the most useful books I've read in a long time and one I'll return to when making potentially expensive decisions. Hands down, any book that could help me feel confident about tracking indicators and questioning an analyst deserves a full five stars.

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  • Anonymous

    Posted March 3, 2008

    Explains investing in every day terminology

    The Complete Guide to Investing in Short-Term Trading by Alan Northcott, is an excellent book for the person who wants to get involved in day trading. The market can be very complicated and risky. The author states that it takes most people about six months to feel comfortable with trading and that 90% of the attempts are unsuccessful. This book gives you step by step instructions on how to maximize your profits when investing. The book goes into all aspects of investing, beginning with an examination of the investor¿s attitude. He talks about greed, fear and self-control as they relate to trading. He recommends that the investor write a business plan, set goals, and purchase the right kind of equipment (computers). From here he goes into the different types of trades ¿ Day, Swing, and Position. He explains terminology, the different types of markets, and the different types of brokerage firms. The book is very current it even talks about the recent sub-prime crisis. He explains economic theory and gives the mathematical equations behind market activity. What is remarkable is that he does this in an easy to read and understand language. All of the material is written well and illustrated with examples. Each chapter ends with bullet points of the important concepts to remember. There are also interviews with investors who share their personal success stories. Charts and graphs of market activity often confuse us. In this book he does an excellent job of explaining how the charts are critical to your success and what you need to know to interpret them. Included are many examples to help you develop your analytical skills. He tells how to set up an investment system on your own or which computer programs you can purchase to do this for you. This book truly does cover all aspects of starting your own day trading business. The Internet has made trading much easier but it has not eliminated the risk. Risk can be reduced with knowledge, which is what the reader will get from this book. Lots and lots of knowledge, packed full on every single page.

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  • Anonymous

    Posted March 6, 2008

    Good, Solid Information

    The Complete Guide to Investing in Short Term Trading is a good, basic book on short term trading. This is no ¿get rich quick¿ scheme. Northcott is blunt and to the point about the advantages and drawbacks of short-term trading. He gives a detailed analysis of the stock market ¿ its history as well as the basics of how it works. His style is easy-to-read and straightforward, so you absorb the complex information fairly easily. This book does assume you have some knowledge of business. It¿s not going to teach you how to handle taxes from your trading profits, for instance. What it does and does well, is guide you through the different types of trading, giving you the advantages and disadvantages of each. Each chapter gives a bulleted review of the information you should have absorbed from the material as well as a vocabulary list of concepts you will have encountered. The book contains an excellent glossary so that you can review terms easily. He explains how to read charts and trends, Because Northcott does not encourage taking foolish risks, and is realistic about how one will do in the short-term trading world, he makes suggestions about how to practice what you¿ve learned before you risk any of your own money. Being a realistic author, he also dips into lifestyle, discussing the stress and demands of being a short-term trader. It was refreshing to read a book on short-term trading that did not seem like a get-rich quick scheme, but a solid analysis of how to succeed in such a demanding field.

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  • Anonymous

    Posted March 6, 2008

    Tall Profits from Short Term Trading!

    It¿s no secret that short term stock market trading can lead to big profits¿ that is, if you know what you¿re doing. The Complete Guide to Investing in Short Term Trading, by Alan Northcott, teaches you exactly how to safely earn a high rate of return by short trading in the stock market. Short term trading means buying and selling certain stocks over a short period of time, earning the investor fast profits. This comprehensive book covers everything from getting started in short term trading to reading charts, picking the right stocks, and even how to handle fees and taxes. It leads the reader to maximize profits while avoiding the common pitfalls of short term trading. Readers will also learn the ¿lingo¿ of a short term trader, how to recognize profitable trading signals, and information on options, bonds, currencies, futures, and more. Alan Northcott¿s trading methodology is laid out seamlessly in this easy-to-understand, well-written, and very readable book. His trading strategy makes sense to this seasoned investor and I am excited about the possibilities this book offers. I believe the information in The Complete Guide to Investing in Short Term Trading is a valuable asset for beginning traders or for stock market pros.

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    Posted November 3, 2009

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    Posted July 14, 2010

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    Posted February 7, 2009

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