Day Trading for Dummies

Learn to day trade like a pro Day traders seek to profit from market fluctuations by buying and selling assets on the same day. Day Trading For Dummies is your startup guide to day trading stocks, derivatives, currencies, and beyond. Get the info you need to decide if day trading is right for you, plus essential advice on setting yourself up for success. Then, dig in to the strategies you can use to identify smart trades, manage your money, and maximize your earning potential. In simple language anyone can understand, this Dummies book can turn you into a trader. Inside... - Is day trading the right move? - Setting realistic trading goals - Trading taxes and regulations - Technical analysis basics - Using AI trading programs - Day trading cryptocurrencies - Short selling and leverage - Common mistakes to avoid

Ann Logue, MBA, CFA, is a writer specializing in business and finance. She has written for Barron's, Entrepreneur, and InvestHedge, among other publications. She is the author of Hedge Funds For Dummies and Socially Responsible Investing For Dummies.

Introduction 1 Part 1: Getting Started with Day Trading 5 Chapter 1: Doing Day Trading Right 7 Chapter 2: Introducing the Financial Markets 19 Chapter 3: Assets 101: Stocks, Bonds, and Commodities 39 Chapter 4: Assets 102: ETFs, Options, and Derivatives 57 Chapter 5: Assets 103: Currencies and Crypto 71 Chapter 6: Increasing Risk and Potential Return with Short Selling and Leverage 85 Chapter 7: Managing Your Money and Positions 101 Chapter 8: Planning Your Trades and Trading Your Plans 117 Part 2: Developing Your Trading Strategy 135 Chapter 9: Picture This: Technical Analysis 137 Chapter 10: Following Market Indicators and Tried-and-True Day Trading Strategies 159 Chapter 11: AI or DIY: Eliminating Emotion with Program Trading 179 Chapter 12: Day Trading for Investors 201 Chapter 13: Researching Research Services 213 Chapter 14: Determining Your Profit and Your Profit Potential 231 Part 3: Taking Your Trading Beyond a Hobby 253 Chapter 15: Setting Up Day Trading Like a Business 255 Chapter 16: Regulation Right Now 281 Chapter 17: Taxes for Day Traders 299 Part 4: The Part of Tens 319 Chapter 18: Ten Good Reasons to Day Trade 321 Chapter 19: Ten (or So) Good Reasons to Avoid Day Trading 327 Chapter 20: Ten Common Day Trading Mistakes 333 Chapter 21: Ten Tested Money-Management Techniques 339 Appendix: Additional Resources for Day Traders 345 Index 351