Welcome to your first guide on day trading!
Have you ever been interested in the stock market? Are you curious as to how it works? Would you like to know how you can trade in stocks and bonds from the comfort of your home? Are you an investor looking for a new way to invest your money? Do you like taking risks with high rewards? If you can answer yes to one of these statements then Day Trading for Beginners is the book for you.
Day trading is just one of the many ways to invest in commodities on different stock markets, and this book promises to introduce you to some of the ways you can invest your money wisely. From stocks to currency to options, learn how with day trading, you can invest in all these things and more, while in the comfort of your own home.
With Day Trading for Beginners, you shall be introduced to the joys of day trading, and be given a glimpse of what it would be like to jump into the ocean that is the stock market. Whether you are an investor or just a curious soul, this book is sure to leave you wiser about the investment opportunities that there are on the stock market and how to take advantages of them.
Day Trading for Beginners promises to give you a walkthrough on the history of exchanges like the NYSE and the NASDAQ and how they have changed in the last 50 years to accommodate new technologies and new styles of trade.
In this book, you shall discover the different legislation changes that have been made by the SEC that allowed the NYSE and the NASDAQ to adapt to the growing climate. You shall be introduced to Electronic Communications Networks and find out what the ECNs role in today's stock market.
This book shall introduce you to terms that will help you when it comes to your investment. Terms like "trend" and "trend following", "scalping" and "range trading".
You will learn about when the best times to trade in a particular commodity are, get tips on how to trade in different commodities, and insights into how and why certain traders fail in their trade objectives.
By listening to this book, you will be further educated on what you need to do to start trading in your own home, including the kind of equipment you use.
You will be educated on why it is important to have the proper equipment for the job, and why getting sub-standard equipment is bad.
You will also find out why it is so important to have a monitor array and a fast Internet connection, and why it is important to have a backup machine for your day trading machine.
Day Trading for Beginners is sure to be a valuable asset, especially for those who would like to have a wider understanding of all the things that are possible on the security exchange market.
So if you want to learn more about day trading, or you just want to put a bit of extra money in the bank, this book is for you.
©2015 Winston J. Duncan (P)2016 Winston J. Duncan
this book also explains the equipment needed and explains how you get what you sow
It covers the very basics of trading, a lot of which can be found online. However, having all of the information in one place is convenient. I was hoping for more detailed descriptions of different types of day-trading strategies or experiences from the author himself, but none are offered. The book has a very generic feel to it, which I believe was intentional by the author to keep it simple.
This book is great for absolute beginners. If you have even a small amount of knowledge on day trading, I'd look elsewhere.
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