Day Trading For Dummies (For Dummies (Business & Personal Finance))

Day Trading For Dummies (For Dummies (Business & Personal Finance))
by Ann C. Logue

Day Trading For Dummies (For Dummies (Business & Personal Finance))
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Book Summary Information

Author: Ann C. Logue
Edition: Paperback
Audio: English (Original Language); English (Unknown); English (Published)
Published: 2007-10-29
ISBN: 0470171499
Number of pages: 360
Publisher: For Dummies

Book Reviews of Day Trading For Dummies (For Dummies (Business & Personal Finance))

Book Review: Great for beginners
Summary: 5 Stars

This book has been wonderful for me explaining the very basics of day trading! I would highly reconmend this book to anyone who wants to see what it's all about and how things work. It's obviously not meant to be a detailed book but more of "what this means and what that means". Perfect for dummmies!

Summary of Day Trading For Dummies (For Dummies (Business & Personal Finance))

Day trading is undoubtedly the most exciting way to make money from home. It's also the riskiest. 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 get 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. Learn how to:

  • Set up your accounts and your office
  • Connect with research and trading services
  • Plan and research trades carefully and thoroughly
  • Comply with regulations issues and tax requirements
  • Leverage limited capital
  • Cope with the stress quick-action trading
  • Sell short to profit from price drops
  • Evaluate your day-trading performance
  • Use technical and fundamental analysis
  • Find entry and exit points
  • Use short-term trading to establish a long-term portfolio

You'll also find Top-Ten Lists of good reasons to go into day trading, or run from it in terror, as well as lists of the most common (and expensive) mistakes day traders make. Read Day Trading For Dummies and get the tips, guidance, and solid foundation you need to succeed in this thrilling, lucrative and rewarding career.

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