The stock market is one of the best day trading environments, because it has very few regulations for new traders. As long as you have a stable internet connection, a computer and a little cash, you can freely join other day traders. However, doing this does not assure you of profits. Quite a number of things need to be accomplished before you can celebrate success.
Intraday trading has the capacity to help you attain a big leverage, as the rate of return on your investments can be quite high. However, it can also go the other way and cause you to lose out on a lot of money to poor investments. It is up to you to make the right choices and invest your money wisely.
Overall, this book is such a high view of day trading that you’re left with more questions than you started with. It’s very vague, no specifics, no recommendations on what programs/equipment to use, terminology is left undefined, and some of the same things are repeated for what seems like simple filler. Lots of room for improvement but for $1, I guess you get what you pay for.25
If you want someone to just explain what day trading is this book might be for you.It does not even cover how to look up information about stocks or what stocks are as an introductory book.It only 56 pages long all it explains is charts and what day trading is.45
Easy to read and very detailed.55
Would have liked to see more examples of the tools referenced in the book.25
This book had some great information for someone considering day trading as a new revenue stream. I am close to retirement age and this really helped me think through the serious commitment needed to be a good day trader when I have more free time. Very insightful. Still a few typos. Have a professional editor do another read. Also the descriptions of charts need graphics. Some were difficult to simply imagine from your description.45