Conquer the markets and become a successful day trader
Day trading is a fast-paced, sometimes risky form of investment. Day Trading For Dummies gives you the information you need to get started with this quick-action form of trading for income and maintain your assets. Learn how the market works, how to read and predict price movements, and how to minimize your loss potential, so you can manage your money strategically and create your day trading plan. Expert author Ann Logue will set you on the path to success, showing you the techniques successful day traders use to profit. This new edition covers crypto, AI, meme stocks, new trading options, and the latest strategies. By following market indicators and doing the essential research, you can avoid making critical mistakes and instead make smart trades that earn money.
* Learn the basics of how the stock market works and master the concepts specific to day trading
* Understand the risks involved in fast-paced day trading and maximize your profit potential without going broke
* Discover new methods and ideas, including cryptocurrency trading and FOMO risk
* Earn income and get tips for minimizing your tax bill at the end of the year
Day Trading For Dummies will teach you a lot about day trading in only a little time. Beginning to intermediate investors will love this jargon-free guide to deciding if day trading is for you and making the best money you can.
قائمة المحتويات
Introduction 1
Part 1: Getting Started with Day Trading 5
Chapter 1: Doing Day Trading Right 7
Chapter 2: Introducing the Financial Markets 19
Chapter 3: Assets 101: Stocks, Bonds, and Commodities 39
Chapter 4: Assets 102: ETFs, Options, and Derivatives 57
Chapter 5: Assets 103: Currencies and Crypto 71
Chapter 6: Increasing Risk and Potential Return with Short Selling and Leverage 85
Chapter 7: Managing Your Money and Positions 101
Chapter 8: Planning Your Trades and Trading Your Plans 117
Part 2: Developing Your Trading Strategy 135
Chapter 9: Picture This: Technical Analysis 137
Chapter 10: Following Market Indicators and Tried-and-True Day Trading Strategies 159
Chapter 11: AI or DIY: Eliminating Emotion with Program Trading 179
Chapter 12: Day Trading for Investors 201
Chapter 13: Researching Research Services 213
Chapter 14: Determining Your Profit and Your Profit Potential 231
Part 3: Taking Your Trading Beyond a Hobby 253
Chapter 15: Setting Up Day Trading Like a Business 255
Chapter 16: Regulation Right Now 281
Chapter 17: Taxes for Day Traders 299
Part 4: The Part of Tens 319
Chapter 18: Ten Good Reasons to Day Trade 321
Chapter 19: Ten (or So) Good Reasons to Avoid Day Trading 327
Chapter 20: Ten Common Day Trading Mistakes 333
Chapter 21: Ten Tested Money-Management Techniques 339
Appendix: Additional Resources for Day Traders 345
Index 351
عن المؤلف
Ann Logue, MBA, CFA, is a writer specializing in business and finance. She has written for Barron’s, Entrepreneur, and Invest Hedge, among other publications. She is the author of Hedge Funds For Dummies and Socially Responsible Investing For Dummies.