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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
- Sales Rank: #7738 in Books
- Brand: Adams Media
- Published on: 2007-01-19
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x .70" w x 6.00" l, 1.01 pounds
- Binding: Paperback
- 288 pages
- Used Book in Good Condition
About the Author
Toni Turner is the bestselling author of A Beginner's Guide to Day Trading Online, 1st Edition, A Beginner's Guide to Short-Term Trading and Short-Term Trading in the New Stock Market An investor/trader with fourteen years' experience, she is a popular educator and speaker at financial conferences and trading forums across the country. Toni has appeared on NBC, MSNBC, CNN, CNNfn, and CNBC's Power Lunch, with Bill Griffith. She has been interviewed on dozens of radio programs and featured in CBSMarketWatch.com, Fortune magazine, and Bloomberg Personal Finance. She currently serves as a consultant to Townsend Analytics, Ltd. Ms. Turner resides in Southern CA.
Most helpful customer reviews
2 of 2 people found the following review helpful.
Paid for Itself in Spades
By Scott
This book is exactly what I was looking. I was not looking for a book on investing, that's what my $70k worth of Finance and Accounting degrees provided. I wanted a book that helped me understand the market and trading better, and this book did very well for me. In fact, it still does well for me.
I finally hit my minimum balance and started conservatively trading away using all of the techniques I could remember. I had a solid exit and entrance strategy, stuck to the 2% loss rule, and avoided the fear/greed aspect of trading. The markets are definitely not easy to read, but this book gives you just enough confidence to navigate the many, many nuances of the trading world. For a complete beginner, I feel so much more confident and have been able to spot the start of a trend almost immediately.
If you are looking for a book on investments, you need to go elsewhere. This is a book on day trading.
3 of 3 people found the following review helpful.
Great Primer for Trading Technique
By Patricia in Florida
I'm a new day trader and have been taking various courses for over a year. I found this book filled many knowledge gaps for me. For example, it explains the daily schedule of the market; what indicators to use when and why, and explained them in simple terms. I did not know for example that some indicators are better for swing trades and others for momentum trades, etc. She covered basic charting patterns that are essential to trading and offered good advice for entries, stop losses, and targets. I think this is great primer for trading technique.
Some one-star reviewers said she focuses on stocks, which is true, but I think futures, options, and forex were beyond the scope of this beginner book. Yes, she also focuses on swing trading, which is not really day trading, so I can see the reviewers' issues with that, but over all I think this is a terrific book for the beginner. BTW, she was a real trader and not just a journalist turned author as some one-star reviewers suggest.
3 of 3 people found the following review helpful.
Great Book for Traders or Investors
By JJohns
I have been following the stock market for over 30 years and have read well over 100 books on investing (although this was the first on trading). I decided to read this book not because I am thinking about trying day trading, but just out of a great interest in the subject. It may sound strange, but this was the first book I have ever read that went into detail about candle stick charts. I have seen these charts for years, but never really knew how to read them. That alone made this book worth reading to me. The author does a wonderful job of explaining these charts, along with several other tools.
If you are thinking about day trading as a profession, or if you are already doing that but want to continue learning new ideas, then this is a great starting point. It is well written in an easy to read style. Also, each chapter ends with quizzes that allow you to test how well you are retaining the information you just read. I loved that and found that I was fairly good at answering those questions.
If you are an investor interesting in learning more about the nuts and bolts of the stock market, this is also a good starting point for you, because Ms Turner does a great job of explaining in detail how the stock market works. Just remember, this book was written specifically for short term trading, so while much of the material does apply to long term investments, not all of it will.
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