Trading for Dummies - Softcover

Griffis, Michael; Epstein, Lita

Softcover

ISBN 10: 0470438401 ISBN 13: 9780470438404

Publisher: John Wiley & Sons, 2009

Synopsis

Making informed trading decisions regardless of the market′s condition Savvy traders can make money in both up and down markets. Trading For Dummies , Second Edition is for investors at all levels who are looking for a clear guide to successfully trading stocks in any type of market. It is also for investors who have experience trading and who are looking for new, proven methods to enhance the profitability of their investments. This no–nonsense guide presents a proven system for analyzing stocks, trends, and indicators and setting a buy–and–sell range beforehand to decrease risk in any type of market. It stresses the practice of position trading, conducting technical analysis on a company and its performance, and research methods that enable the trader to strategically select both an entry and exit point before a stock is even purchased. This updated guide features updated stock charts, position trading tips and techniques, and fresh ways to analyze trends and indicators.

About this title

From the Back Cover:

Now updated — your guide to trading success regardless of the market! Want to make smarter trading decisions? This strategy–packed, no–nonsense guide presents a proven system for analyzing stocks, trends, and indicators and setting a buy–and–sell range beforehand to decrease your risk in both up and down markets. You′ll discover the benefits of position trading, conduct technical analysis, and research your entry and exit points before you even purchase your stock. Build your trading toolbox — know the markets and exchanges, find a broker, set up your brokerage account, and determine your computer/Internet needs Explore position trading — discover the benefit of executing trades in and out of positions and holding positions for various lengths of time, depending on trends Find value in fundamental analysis — observe market behavior, understand economic indicators, find critical information in financial statements, and make the most of analysts Take on technical analysis — build and read charts, identify trends, recognize bull and bear patterns, and differentiate between stocks that are range bound and ones that are trending Develop strategies for buying and selling — know your risks, gather key info through analysis to build your optimum trading strategy, and develop your own powerful trading system Jump into the deep end — from swing and day trading to derivatives and foreign currency, get the basics of these riskier forms of trading Open the book and find: The ins and outs of trading stocks Fresh ways to analyze trends and indicators Updated stock charts and Web sites Position trading tips and techniques Step–by–step instructions for building and reading charts Key money management techniques Warnings about frauds and scams Top ten trading survival techniques Huge trading mistakes to avoid at all costs

About the Author:

Michael Griffis , MBA, is an active stock broker. He writes extensively about investing and marketing, benefiting clients in the banking, and brokerage industries. Lita Epstein , MBA, has written more than 25 books to help readers understand the complex worlds of money and finance, including Bookkeeping For Dummies and Reading Financial Reports For Dummies .

About this edition

• Publisher: John Wiley & Sons
• Publication date: 2009
• ISBN 10: 0470438401
• ISBN 13: 9780470438404
• Binding: Paperback
• Edition number: 2
• Number of pages: 384