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Type of bind: Paperback
Dewey Decimal Number: 332.642
EAN num: 9780470171493
ISBN number: 0470171499
Label: For Dummies
Manufacturer: For Dummies
Quantity: 1
Page Count: 360
Printing Date: October 29, 2007
Publishing house: For Dummies
Sale Popularity Level: 19576
Studio: For Dummies
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Editor's Notes and Comments:
Product Description:
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.
User popularity level:
Rated by buyers 
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"Day Trading for Dummmies" gives the reader a very basic overview of the various stock markets and other financial instruments available for trading. It also discusses various aspects of technical analysis. Very clearly presented and useful information.
The only downside to the book is that the author constantly states that you should "pick a trading strategy and stick to it" but doesn't give any guidance about legitimate strategies. There are a lot of cracked pots who have written books on trading strategies. A book like this, designed for introduction, should give you a little more information about where to go for the subsequent step in your trading education.
Rated by buyers 
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Very good book, informative, the right level of detail, well written, easy to ready, a good starting book to learn about day trading.
Rated by buyers 
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Should have been "Stock trading for dummies". Absolutely worthless book, if you are looking for specific day trading information. Full of regurgitated information about technical analysis and stock glossary, etc. Try `The Market Maker's Edge' by Josh Lukeman...
Rated by buyers -
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!
Rated by buyers 
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I have a Mensa IQ - have traded equities for 15 years and found this book to be complex and difficult to read. It presumes a lot of things that puts this well outside the title " For Dummies." "Daytrading for Intermediate to Advanced Traders" would be more honest.
If you are looking for simple understanding of the day trading concept, look elsewhere. If you want an advanced text, this is probably a minimally fair choice.
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