Day Trading For Dummies by Ann C. Logue (PDF)

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 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 portfolioYou’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’s Reviews

Editorial Reviews: From the Back Cover Features sample trading plansKnow the markets, gain confidence, and buy and sell like the prosWant to succeed as a day trader? This plain-English guide shows you how day trading works, identifies the all-too-numerous pitfalls, and gives you a step-by-step action plan to get started. From classic and renegade strategies to the nitty-gritty daily practices, you’ll see how to keep a cool head and manage risk while you buy and sell your positions.Discover how to:Set up your accounts and your officePlan and research tradesComply with regulatory issuesLeverage limited capitalProfit from price dropsMake better portfolio decisions About the Author 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.

Reviews from Amazon users which were colected at the time this book was published on the website:

⭐My brother bought the book and he is still a dummy so I guess it worked in the sense that it can help the dummy in all of us.

⭐I was too dumb

⭐”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 next step in your trading education.

⭐Good info to know. haven’t had time to begin yet, but very interested!

⭐excellent condition

⭐Extremely prompt delivery and exactly as described.

⭐Great seller. Highly Recommended.

⭐This is an excellent book for beginners wanting to learn about day trading before enrolling into a class for more hands on experience.

⭐OK ish. Good

⭐If you don’t already know this ridiculously basic information, you sure as heck shouldn’t even consider day-trading!

⭐Ok, it does say it’s for dummies but you better be switched on to understand what is written in this. It really is harder than you think. One year later I’m still pretty much breaking even but I’d be swimming in the red if I hadn’t read this. Don’t think anyone can do this after reading this book, no matter how thoroughly.

⭐Beware wasting your money on this book unless you are american as it is written specifically for the US audience.The content is so blindingly obvious it was at times embarrassing to read. If you think this book is helpful you should not be day-trading.

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