The same electronic trading forces that are changing the face of stock trading, are moving into the futures and options market, where traders can trade the entire stock market rather than just one stock at a time. Some of the richest opportunities to trade the stock market can be found at the futures and options exchanges. This work aims to teach the novice trader everything necessary to get started in electronically day trading the equity index markets.
Techniques to Combine the Market Power of Futures, Options, and Indices with the Technological Power of Online Day Trading
Futures and options, with their tremENDous leverage, allow you to control major indexes or thousands of shares of stock with little money down. Add the proven technological advantages of electronic day trading, and you get one of today's hottest trading opportunities! Whether you are new to the markets or an experienced investor looking for proven ways to expand your daily trading capabilities, How to Start Day Trading Futures, Options, and Indices tells you what you need to know to both increase the profit potential and buffer the risk exposure of every trade you place.
Look to this in-depth, practical guide for hands-on information on:
- Characteristics and uses of stock options, index options, and futures
- Market-tested fundamentals and mechanics of day trading
- Trading techniques from introductory to advanced'with detailed charts and graphs!
Futures, options, and index derivatives provide high leverage and are great for garnering fast trading profits. And for investors who don't have the time or patience to simply "buy and hold," electronic day trading has become today's most popular route to accelerated stock market trading results. Let How to Start Day Trading Futures, Options, and Indices show you how to combine the leverage and control inherent in each of these exciting instruments into one high-powered trading system'with the very real potential for unlimited trading profits!
"You've heard of people making fortunes day trading. By opening this book, you've just taken the first step toward being one of the winners."
'From the Preface
Day trading stocks is, by its nature, designed to limit catastrophic losses while maximizing profits. The leverage of futures, options, and indices also makes for fast profits from small moves. Major losses occur only when traders get ahead of themselves, fail to admit trading errors, and hold losing positions until they become unmanageable. Opportunities for fast-turnaround, double-digit profits are lost when traders take needless risks, use inappropriate trading orders, and fail to let profits run.
How to Start Day Trading Futures, Options, and Indices explains everything you need to know to maximize profits and minimize the risks in this challenging, potentially lucrative field. After covering the basics traders need to know'from establishing an account to placing your first trade'this comprehensive, no-nonsense guide provides detailed examples of the techniques and strategies needed to limit risk while locking in consistent, substantial trading profits.
Traders of all experience levels will get tips and guidelines for dramatically improving their trading results with:
- Techniques for trading profitably on news stories and setups
- Ways to read'and profit from'price behavior differences between old and new economy stocks
- Specific stocks and options'plus optimal entry and exit points'for reliable and profitable momentum trading
- Innovative techniques of sector analysis and proxy trading
The keys to success in electronic day trading are as proven as they are profitable'and experienced traders are beginning to awaken to the high profit, low risk game of combining the techniques of electronic day trading with the leverage of futures, options, and indices. Let How to Start Day Trading Futures, Options, and Indices show you how to equip yourself with the hardware and software you need, develop the mindset of a successful day trader, and start today to apply advanced, profitable day trading strategies and techniques to the no-limits battlefield of futures, options, and indices.