A Beginner's Guide to Day Trading Online (2nd edition) by Adams Media

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Product Description

This book is perfect for someone who wants to learn how to day trade. The book is 10 years old but it still is relevant today. I like how Toni Turner explains which indicators are better for swing trades, which ones for momentum trades, and so on.

I also liked how Toni Turner asks you to define what kind of trader you are. Toni Turner writes:

Do you plan to place three or fewer trades during the day?

Are you content to be a "swing" trader or position trader, meaning you're happy to hold a position for two days to two weeks, or longer?

Do you intend to study trading as much as possible in your spare time, but have no intention of giving up every waking minute to it?

If these objectives describe your trading plans, you're probably a part-time trader, and an online account with a discount broker should be sufficient for your needs. You'll choose to establish an office in your home or other office area, where you can set up a computer with one to two monitors, and a television.

This book covers continuation and reversal patterns, Double-bottom pattern, Cup-with-handle pattern, Reverse Head-and-shoulders, Breakout, Fibonacci numbers, how to trade gap openings, whether to hold overnight or not, and more.

I highly recommend this book to everyone who wants to dive into the world of day trading.

Manufacturer Description

The national bestseller—updated for the new stock market!

"Read the book if you want to know how the market works and how to make it work for you." —Greg Capra, president of Pristine.com, coauthor of Tools and Tactics for the Master Day Trader

"By using the tools, trading tactics and strategies revealed in...A Beginner's Guide to Day Trading Online, you will be armed with the skills needed to help you win your battle with the markets." —Steve Nison, CMT, president, www.candlecharts.com, author of Japenese Candlestick Charting Techniques

"Read this book, and, two, reread this book. It will help you achieve your trading goal, which is to make money in the markets. Every trader, from a beginner to the advanced professional, should have this book!" —John Person, CTA, president, Nationalfutures.com

"There are only a handful of trading educators that I would recommend listening to and...Toni Turner is one of them." —Hubert Senters, www.tradethemarkets.com

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 for mastering the markets, including:
  • Decimalization of stock prices
  • New trading products such as E-minis and Exchange Traded Funds (ETFs)
  • Precision entries and exits
  • The new breed of trader

Written in an accessible, step-by-step manner, A Beginner's Guide to Day Trading Online, 2nd Edition shows how to day-trade stocks in today's market.

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