Day Trading: Definitive Beginner's Guide

As company pensions have been phased out, American workers have had to learn how to manage their own investments, whether for general savings, or for their retirement accounts. For those who have decided to aim for better than the dismal returns you get in a bank CD (certificate of deposit) or savings account, the financial markets beckon. Of course this means you have to learn how these markets work and how to make money investing in them. Day Trading offers traders all sorts of opportunities to make money and do it quickly. Unlike traditional investing, where you "buy, pray, and hold" for the long term, day trading is all about getting in and out of an investment very quickly, usually before the end of the day's trading period. Day trading does involve risks, but you can mitigate those risks significantly by doing your research and being an informed trader. Stock market investing isn't about "hunches" or "tips;" it's about research, education, and planning. It's a science that you can learn. Successful investors understand how a market works, what kinds of things can move that market or its investments, and they use trading systems that help them identify trends and anticipate changes in those trends. This book is designed to give you the education you need to become a prosperous day trader. Don't enter the market without it! If you are looking to become a successful Day Trader, this is the book for you! Whether you are motivated by the prospects of building a solid nest egg for your retirement, quitting your 9 to 5 day job to pursue your passion, or just having some additional disposable income for travel and other needs, the strategies in this book are designed to get you there without wasting your time. There is no fluff in this book- just pure profit.