Day Trading For Dummies (For Dummies (Business & Personal Finance))
Are you thinking about day trading as a career? If you love the thrill of the markets, can handle the pressure of waiting for the right moment to buy and sell stocks, and you like taking risks, then Day Trading For Dummies is the guide for you!
Day Trading For Dummies explains the ins and outs of day trading—both online and through a brokerage house—and helps you determine if this quick-action, trading-for-income opportunity is right for you. You’ll discover how day trading works, what the pitfalls are, and what some of the alternatives are for your portfolio and for your career. This simple, straightforward guide presents a step-by-step plan of action for getting started, giving you the tools and strategies you need to:
- Understand a “day in the life” of a day trader
- Know the personality traits of a successful day trader
- Learn about and sign up for asset classes
- Weigh your risk tolerance
- Plan and research your trades
- Navigate the short-term markets
- Raise capital and protect your principal investments
- Comply with regulatory issues
- Subscribe to research services
- Use technical and fundamental analysis
- Set up your home office to improve response times
- Know when to hold onto a trade and when to exit
- Use day trading to expand your investment options
Complete with sample trading plans, a list of ten common day trading mistakes and how to avoid them, and solid advice on handling stress and keeping your emotions in check, Day Trading For Dummies gets you on the path to becoming a great day trader!
Author: Ann C. Logue
Paperback:
360 pages
Company: For Dummies
(2007-10-29)
ISBN: 0470171499
List Price: $24.99
Amazon Price: $13.40
Used Price: $13.40
