Day Trading For Dummies (For Dummies (Business & Personal Finance))
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| Day Trading For Dummies (For Dummies (Business & Personal Finance)) | |||||||||||||||||||||||||||||
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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:
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! |
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| 09-25-08 | 5 | (NA) |
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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.
(Review Data Last Updated: 2008-11-30 05:21:44 EST)
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| 09-21-08 | 1 | 0\1 |
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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...
(Review Data Last Updated: 2008-09-26 04:24:16 EST)
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| 07-21-08 | 5 | 2\2 |
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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!
(Review Data Last Updated: 2008-09-21 03:47:03 EST)
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| 06-26-08 | 2 | 2\3 |
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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. (Review Data Last Updated: 2008-07-22 04:48:53 EST)
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| 12-04-07 | 5 | 43\52 |
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I received this book as a gift and, at first, I was skeptical. I spent 20 years working for investment banks starting as a runner on the floor and retiring as the head of a trading desk. "What," I asked, "does this book have to teach me?"
Ah, beware of hubris! I was pleasantly surprised at what I learned. The book has a good introduction to how to obtain the sorts of information that a real day trader will need, but is best on the emotional. Emotions are almost always overlooked. I've seen lots of bright people rise to a certain point on a trading desk and then just implode because they couldn't handle the stress. And these were people working with other's money. It is even worse when it's your own dough on the line. The guy who practices day trading until he has his system all ready and then blows out a month after going live is very common. Early in my career I started my own firm. This was before day trading was even technically possible and the firm was in the options pits. I got on the emotional roller coaster: on good days it was "Come on Honey, its steak dinner time!" On bad days I tried to save money by rationing toothpaste. It all ended in tears. This is all by way of stressing the role emotions play in successfully trading the market. This book discusses strategies actually employed by some of the best traders on Wall Street and the book is worth looking into for that alone. (Review Data Last Updated: 2008-06-27 03:53:01 EST)
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