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Technology Information:
A Beginner's Guide to Day Trading Online (2nd edition)
Product Type: Book
Product Price: $16.95
Manufacturer: Adams Media
Purchase
Description
Day trading is highly profitable--and highly tumultuous. Moreover, the financial markets have changed considerably in recent years. Expert author Toni Turner gives you the latest information on mastering the markets, including:
- Decimalization of stock prices
- New trading products such as E-minis and Exchange Traded Funds (ETFs)
- Precision entries and exits
Reviews
Rating: 5 / 5
Date: 2010-08-09
Summary: "Excellent book!"
Excellent book. Easy to understand explanations of complicated subjects. There is always more to learn, but great layout of the basics. You could trade successfully with only this book.
Rating: 5 / 5
Date: 2010-08-07
Summary: "Glad I Read this First"
I took her Ch. 3 advice to consider 3rd party software and found a great one called StockVision (with real-time scans and a chat room to learn from experienced traders) that was far superior to my broker's platform. The book did an excellent job of first tackling the logistics of day trading and then proceeding into fundamental and technical analysis. Just 75 pages in, I already felt pretty knowledgeable about candlestick chart patterns! The book also provides a great introduction to the most important technical indicators to consider using like volume, moving averages, MACD, and so many more. It also contains great advanced chart patterns that I suspect few beginners are aware of.
I was also very impressed that one of the first topics she covered dealt with the psychological/mental aspects of trading. Later in the book, her example of a worksheet and trading log to use was especially helpful as well. Finally I was a big fan of the analogies and metaphors she used throughout the book, such as kind of comparing a consolidation pattern to something like a pressure cooker. It made helped make this book an easy read for a newbie.
Overall, it is a fantastic overview of day trading online and a great place to begin!
Rating: 4 / 5
Date: 2010-05-29
Summary: "Nice book but not for shorting"
This is a good book for beginners.
However, I found that there is too much emphasis on long selling, and not enough on short selling.
It was my first book to read on trading and it was easy to follow except for one chapter of oscillators-I found that stochastics wasn't explained well and I had to do my research on Investopedia to understand oscillators well.
Rating: 5 / 5
Date: 2010-03-24
Summary: "Great book and Easy Read"
As a new swing trader I found this book very easy to read and it had a wealth of information! I would recommend it for anyone who is starting out in the trading world.
Rating: 5 / 5
Date: 2010-01-31
Summary: "Good for non-beginners too"
I have traded for quite a while. Some things I never really understood, I understand now. The proof is in the pudding, which I will do when the Market is right. I recommend for anyone who is not an expert. Plus, it is easy to follow and pleasant to read.