This is the most basic guide to day trading, aimed at people who know nothing about it. Faced with the heightened volatility of the stock market, investors are increasingly attracted to day trading. But many know little or nothing about this difficult art. They risk losing their money in the arena, but if they allow themselves to be intimidated, they may miss the chance for significant profits. This book discusses how to get started, from the technical indicators and charts that are needed, to how to analyse the market and stocks, from entries and exits and types of day trading strategies to money management tactics.
Topics covered include:
Market indicators and day trading strategies Advice on how to manage money and your positions Key characteristics of successful day traders Guidance on understanding risk and return How to differentiate trading, investing, and gambling A look at rules and regulations Research techniques used in day trading Tips for managing stress in the trading day
Day trading is difficult. The path is fraught with risk. But a pot of gold awaits those who learn their lessons well. After four decades in the markets as a trader, analyst, author, educator, and system developer, Jacob Bernstein sets down a comprehensive guide to the art of day trading. This title helps readers learn: new day trading methods; order entry strategies; how to avoid costly errors when using electronic trading platforms; and, detailed strategies to maximize profits. With this book, readers have the complete guide they need to profit from this risky but exciting field. Trading profits are just a day away.
For more Forex trading books, sorted by categories please click the links below.