A Beginner's Guide to Day Trading Online (2nd edition) Review
I took her Ch. 3 advice to consider 3rd party software and found a great one called StockVision (with real-time scans and a chat room to learn from experienced traders) that was far superior to my broker's platform. The book did an excellent job of first tackling the logistics of day trading and then proceeding into fundamental and technical analysis. Just 75 pages in, I already felt pretty knowledgeable about candlestick chart patterns! The book also provides a great introduction to the most important technical indicators to consider using like volume, moving averages, MACD, and so many more. It also contains great advanced chart patterns that I suspect few beginners are aware of.
I was also very impressed that one of the first topics she covered dealt with the psychological/mental aspects of trading. Later in the book, her example of a worksheet and trading log to use was especially helpful as well. Finally I was a big fan of the analogies and metaphors she used throughout the book, such as kind of comparing a consolidation pattern to something like a pressure cooker. It made helped make this book an easy read for a newbie.
Overall, it is a fantastic overview of day trading online and a great place to begin!
A Beginner's Guide to Day Trading Online (2nd edition) Overview
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 on mastering the markets, including:
- Decimalization of stock prices
- New trading products such as E-minis and Exchange Traded Funds (ETFs)
- Precision entries and exits
Available at Amazon Check Price Now!
*** Product Information and Prices Stored: Oct 06, 2010 21:58:05
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