The Truth About Day Trading Stocks A Cautionary Tale About Hard Challenges and What It Takes to Succeed

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  • Engels
  • Hardcover
  • 9780470448489
  • 17 juli 2009
  • 188 pagina's
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Samenvatting

In terms of the potential for heavy financial loses, day trading is a high risk profession. No one should contemplate day trading without giving thought to the ways he can lose, and all the ways to lessen or avoid them. Yet many people enter the game with unrealistic expectations, unaware of what it takes to succeed. Seminars and software alone do not make a successful day trader, cautions author Josh DiPietro. Instead, a trader must learn hard lessons of self discipline, consistency, and staying in the game for the long haul to have a real chance of success. In The Truth About Day Trading Stocks, DiPietro offers the amateur day trader a brutally honest look at the pitfalls of day trading and how to hopefully avoid them.

Written in an engaging and sometimes humorous tone, The Truth About Day Trading Stocks draws on the author s own experiences as a day trader to offer a clear cut departure from typical "golden goose" strategies promising instant wealth. Instead, he attempts to slow down the dangerous fervor of the average amateur and demonstrate the ways you can become a professional and not lose your shirt in the process. The Truth About Day Trading Stocks shows how trading decisions are bent and shaped by emotions, and why it is critical to know yourself, understand risk, and remember that increasing your skill level is a gradual, ongoing process there s always more to learn! After dispensing with popular illusions, DiPietro proceeds to offer realistic, practical trading advice comparing pay per trade with pay per share brokers, determining which works best and when, offering suggestions on how to avoid the prospect of perfect trades turning ugly, and more. At the end of the book, he also includes a section called "Rules to Remember," a list of over eighty rules, simply stated and easy to grasp, to benefit amateurs performance.

Throughout the book, the author describes his development of acute self awareness while figuring out how to succeed. Through that blunt self portrayal, the goal of The Truth About Day Trading Stocks is to help you create a disciplined mind set and apply it to your own successful trading style.

Productspecificaties

Inhoud

Taal
en
Bindwijze
Hardcover
Oorspronkelijke releasedatum
17 juli 2009
Aantal pagina's
188
Illustraties
Nee

Betrokkenen

Hoofdauteur
Josh Dipietro
Hoofduitgeverij
John Wiley & Sons Inc

Overige kenmerken

Extra groot lettertype
Nee
Product breedte
159 mm
Product hoogte
25 mm
Product lengte
235 mm
Studieboek
Nee
Verpakking breedte
159 mm
Verpakking hoogte
25 mm
Verpakking lengte
235 mm
Verpakkingsgewicht
390 g

EAN

EAN
9780470448489

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