Are you intimidated by day trading? Think it's only for the select few who are savvy with stocks or are financial savants? Well, think again, because anyone can master day trading--and once you learn the basic techniques, it's possible to make a boatload of money! The flip side: if you don't know what you're doing, you can lose your shirt.
In this entry-level guide to day trading, MarketWatch columnist and financial journalist Michael Sincere assumes you know nothing. Zip. Zero. Inside, he shows you how to get started and breaks day trading down by clearly explaining:
- What computer equipment you'll need
- How much money is required
- The technical jargon of day trading
- Key strategies you'll employ while trading
- How you can manage risk
Thousands of day traders have watched their bank accounts balloon thanks to Wall Street. Now you can get into the market and enter their coveted ranks.
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About the Author
Michael Sincere (www.michaelsincere.com) is the author of a number of investment and trading books. As a financial journalist, Sincere has written hundreds of columns and magazine articles on investing and trading, including a monthly column for MarketWatch. He has been interviewed on dozens of national radio programs and has appeared on several financial news programs such as CNBC and ABC's World News Now to talk about his books.