Are you intimidated by day trading? Think it's only for the select few who are savvy with stocks or are financial savants? Well, think again, because anyone can master day trading—and once you learn the basic techniques, it's possible to make a boatload of money!
In this entry-level guide to day trading, MarketWatch columnist and financial journalist Michael Sincere assumes you know nothing. Zip. Zero. Inside, he shows you how to get started and breaks day trading down by clearly explaining:
-What computer equipment you'll need
-How much money is required
-The technical jargon of day trading
-Key strategies you'll employ while trading
-How you can manage risk
Most important, Sincere lets you in on the biggest secret of all: how to master the mind game of day trading.
Thousands of day traders have watched their bank accounts balloon thanks to Wall Street. Now you can get into the market and enter their coveted ranks.
Michael Sincere is the author of a number of investing and trading books, including Understanding Stocks and the bestselling Understanding Options. As a financial journalist, he has written hundreds of columns and magazine articles on investing and trading, including a monthly column for MarketWatch on market indicators. He has been interviewed on dozens of national radio programs and has appeared on CNBC and ABC's World News Now. Sincere lives in Miami, Florida.