A complete handbook for day and swing traders looking to improve their understanding of market dynamics, uncover securities with the highest probability of substantial, near-term price movement, and then select profitable entry and exit points with greater precision than that afforded by fundamental analysis alone. CD-ROM included.
This book deals with a number of basic trading strategies including a scalping method designed to capture rapid small profits, intraday trend or momentum trading to benefit from large price movements and a swing trading method for trading over a two to five day time horizon.
Why does a stock like Juniper move 25 points in a single day white Microsoft never does? Why is Rambus a great stock for day traders, whereas Delland Cisco aren't? Why is the NYSE sometimes an easier market to trade in than NASDAQ, and why are executions usually better? And, last but not least, what do the three out of ten day traders who are consistently making money know that the seven who are losing money don't? These are the types of questions The Day Trader's Survival Guide answers. This book will teach you how to beat Wall Street at its own game. An unwary day trader can get steamrolled by large brokerage firms that have the power to move markets on a whim. The Day Trader's Survival Guide outlines the smartest ways to ride in the wake of "big money" and be profitable.
In this book, the author interviews and explores the thinking, tactics and strategies of some of the world's most successful traders. In so doing, the author gives you an excellent perspective into the minds and attitudes of some very successful traders and how they achieved their success. The book is also very entertaining and written in a non-technical style.
The workbook presents an overview of the markets and introductions to electronic direct-access trading (EDAT), indexes and indicators, and technical analysis. Also included are detailed explanations on how to pick tradable stocks (are you a specialist, scalper, or shepherd?); trade the news (earnings, splits, economic announcements); and profit from going short ("trading the bear inside you"). The chapters on market psychology and money and mind management are particularly astute ("The Emotional Bank Account Is Funded by Attitude"), and all are cross-referenced and reinforced in the corresponding audio tapes.
Mastering Microcaps: Strategies, Trends, and Stock Selection by Marc Robins, Daniel P. Coker
Top 10 Trading Rules
Top 10 Rules are not a "Get Rich Quick" scheme. They are a set of guiding principles that will help you learn how to save, invest, prosper and to achieve your financial goals. read more
The 20 Simple Day Trading Rules
Trade like a guerilla warrior You must learn to adapt quickly to changes. If the winning side is changing, don't hesitate to join the new party ... read more
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