Start Day Trading Now: A Quick and Easy Introduction to Making Money While Managing Your Risk

Start Day Trading Now: A Quick and Easy Introduction to Making Money While Managing Your Risk

by Michael Sincere
Start Day Trading Now: A Quick and Easy Introduction to Making Money While Managing Your Risk

Start Day Trading Now: A Quick and Easy Introduction to Making Money While Managing Your Risk

by Michael Sincere

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Overview

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!

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.

Product Details

ISBN-13: 9781440511868
Publisher: Adams Media
Publication date: 03/18/2011
Pages: 224
Sales rank: 185,648
Product dimensions: 5.40(w) x 8.40(h) x 0.70(d)

About the Author

Michael Sincere is the author of a number of investing and trading books, including Understanding Stocks and the bestselling Understanding Options. As a financial journalist, he has written hundreds of columns and magazine articles on investing and trading, including a monthly column for MarketWatch on market indicators. He has been interviewed on dozens of national radio programs and has appeared on CNBC and ABC's World News Now. Sincere lives in Miami, Florida.

Table of Contents

Part 1 Getting Started

The Opening Bell: What is Day Trading 3

Chapter 1 Learning the Business 9

Chapter 2 Reading Charts 29

Chapter 3 Interpreting Patterns 47

Chapter 4 Using Technical Indicators 67

Chapter 5 Making Your First Day Trade 91

Part 2 What it's Really Like to Day Trade

Chapter 6 One Bad Trade 129

Chapter 7 Meeting the Pros 153

Chapter 8 Doing Your HomeWork 173

The Closing Bell: Going Forward 181

Appendix A Resources for Day Traders 183

Appendix B Glossary of Terms 189

Index 207

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