A guide to day trading. It 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. It shows how to master the psychological aspects of intraday trading.
Are you intimidated by day trading? Think it's only for the select few who are savvy with stocks or are financial savants? Well, think again, because anyone can master day trading--and once you learn the basic techniques, it's possible to make a boatload of money! The flip side: if you don't know what you're doing, you can lose your shirt.
In this entry-level guide to day trading, MarketWatch columnist and financial journalist Michael Sincere assumes you know nothing. Zip. Zero. Inside, he shows you how to get started and breaks day trading down by clearly explaining:
- What computer equipment you'll need
- How much money is required
- The technical jargon of day trading
- Key strategies you'll employ while trading
- How you can manage risk
Most important, Sincere lets you in on the biggest secret of all: how to master the mind game of day trading.
Thousands of day traders have watched their bank accounts balloon thanks to Wall Street. Now you can get into the market and enter their coveted ranks.
"If you are considering entering the world of day trading, either part-time or full-time, read this book!" --Toni Turner, bestselling author of
The Beginner's Guide to Day Trading Online, 2nd Edition
