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Reviewer: Dan Gibby from Irvine, California
"This is an outstanding introductory book for new traders. It starts with an overall picture of the markets, then teaches trading psychology, fundamental chart-reading, and Level II tactics. Traders who day trade (hold stocks for minutes to hours), swing trade (hold stocks days-to-weeks), and those who want to trade their IRA accounts long term, will learn how to make money in the stock market. Best of all, the book is written in a style that everyone can comprehend. " |
Most day traders lose money due to high transaction costs. Some do make money. It's probably one of the most exciting jobs you can have. We recommend that beginners stay away from day trading. Here are some links to help you live the dream of all people who play the market. One of the most important rules is to cut your losses, quickly. Day trading consists of taking temporary positions in equities and options and not holding a position overnight. We also recommend Level II access and a broker which gives instant execution.