Day Trading For Dummies

Front Cover
Wiley, Feb 9, 2011 - Business & Economics - 360 pages
11 Reviews
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 officeConnect with research and trading servicesPlan and research trades carefully and thoroughlyComply with regulations issues and tax requirementsLeverage limited capitalCope with the stress quick-action tradingSell short to profit from price dropsEvaluate your day-trading performanceUse technical and fundamental analysisFind entry and exit pointsUse 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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Review: Day Trading For Dummies

User Review  - Justin - Goodreads

Don't bother reading this. No flow to this book, just information all over the place. Much better alternatives out there for people looking to learn the basics of trading. Read full review

Review: Day Trading For Dummies

User Review  - BLACK CAT - Goodreads

I think I will read about swing trading now. I did not enjoy the idea of trading debt money. Good introduction. Read full review

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About the author (2011)

Ann C. Logue is the author of Hedge Funds for Dummies (Wiley, 2006). She has written for Barron’s, The New York Times, Newsweek Japan, Wealth Manager, and the International Monetary Fund. She is a lecturer at the Liautaud Graduate School of Business at the University of Illinois at Chicago. Her current career follows 12 years of experience as an investment analyst. She has a B.A. from Northwestern University and an M.B.A. from the University of Chicago at Illinois, and she holds the Chartered Financial Analyst (CFA) designation.