Day Trading For Dummies, 2nd Edition
Day trading is undoubtedly the most exciting way to make your own money. 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 gets 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.
- Advice on choosing an online broker
- Updated examples reflect current market and economic conditions and the latest information on SEC rules and regulations (and tax laws)
- Other titles by Logue: Hedge Funds For Dummies, Socially Responsible Investing For Dummies, and Emerging Markets For Dummies
Read Day Trading For Dummies and get the tips, guidance, and solid foundation you need to succeed in this thrilling, lucrative, and rewarding career!
Part I: Day Trading Fundamentals.
Chapter 1: Getting Started in Day Trading.
Chapter 2: Planning to Succeed as a Day Trader.
Chapter 3: Deciding What Assets to Trade and How to Trade Them.
Chapter 4: Comparing Trading to Investing and Gambling.
Chapter 5: Regulation and the Modern Trader.
Part II: Day Trading Strategies.
Chapter 6: Technical Analysis 101.
Chapter 7: Market Indicators and Day Trading Strategies.
Chapter 8: Increasing Risk and Potential Return with Short Selling and Leverage.
Chapter 9: Looking for Easy Profi ts: Navigating the Tricky World of Arbitrage.
Chapter 10: Day Trading for Investors.
Part III: Opening Your Trading Shop.
Chapter 11: Setting Up Your Accounts and Office.
Chapter 12: Researching Research Services.
Chapter 13: Stress Management in the Trading Day.
Chapter 14: Managing Your Money and Positions.
Chapter 15: Taxes for Traders.
Chapter 16: But Did You Make Money? Testing, Tracking, and Evaluating Performance.
Part IV: The Part of Tens.
Chapter 17: Ten Good Reasons to Day Trade.
Chapter 18: Ten or So Good Reasons to Avoid Day Trading.
Chapter 19: Ten Common Day Trading Mistakes.
Chapter 20: Ten Alternatives to Day Trading.
Appendix: Resources for Day Traders.