Understand how day trading works―and get an action plan
Due to the fluctuating economy, trade wars, and new tax laws, the risks and opportunities for day traders are changing. Now, more than ever, trading can be intimidating due to the different methods and strategies of traders on Wall Street. Day Trading For Dummies 4th Edition provides anyone interested in this quick-action trading with the information they need to get started and maintain their assets.
From classic and renegade strategies to the nitty-gritty of daily trading practices, this book 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.
New trading products such as cryptocurrencies
Updated information on SEC rules and regulations and tax laws
Using options to manage risk and make money
Expanded information on programming
If you’re someone who needs to know a lot about day trading in a short amount of time, this is your place to start.
Editorial Reviews
From the Inside Flap
Position yourself for day trading success
Avoid day trading pitfalls
Manage risk as you buy and sell
Day trade in today’s market
If you love the thrill of the markets and have the patience to watch and wait for the perfect moment, day trading just might be a productive career or part-time activity for you. But to be successful, you need expert guidance, and that’s what you’ll find in these pages. Packed with sound advice about markets and investment strategies as well as the ins and outs on how an actual day trade works and how you can steer clear of common traps, this handy guide shows you what’s involved and how to get started. Know your options, develop a strategy, and begin trading!
Inside…
Personality traits traders need
The latest on SEC rules
Tips on managing risk
Info about cryptocurrencies and ETFs
Ways to define a good asset
How to use technical analysis
Understanding market indicators
What you must know about taxes
From the Back Cover
Position yourself for day trading success
Avoid day trading pitfalls
Manage risk as you buy and sell
Day trade in today’s market
If you love the thrill of the markets and have the patience to watch and wait for the perfect moment, day trading just might be a productive career or part-time activity for you. But to be successful, you need expert guidance, and that’s what you’ll find in these pages. Packed with sound advice about markets and investment strategies as well as the ins and outs on how an actual day trade works and how you can steer clear of common traps, this handy guide shows you what’s involved and how to get started. Know your options, develop a strategy, and begin trading!
Inside…
Personality traits traders need
The latest on SEC rules
Tips on managing risk
Info about cryptocurrencies and ETFs
Ways to define a good asset
How to use technical analysis
Understanding market indicators
What you must know about taxes
About the Author
Ann C. Logue, MBA, is a lecturer in Finance at the University of Illinois at Chicago. She holds the Chartered Financial Analyst (CFA) designation, and has written about business and finance for Barron’s, Entrepreneur, and InvestHedge as well as other publications. Visit her blog and website at www.annlogue.com.
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