Day Trade Part-Time
The day trading book for the rest of us...Successful day traders come in all shapes and sizes, and from every conceivable profession. Many begin as part-time traders-holding on to their day jobs, learning the fine points of day trading at their own pace, and substantially limiting their downside risks while enjoying the same limitless upside potential of other day traders.Day Trade Part-Time places you front and center in this trading revolution. Authors John Cook and Jeanette Szwec-veteran day traders who taught themselves the rules through trial-and-error-have put together today's most straightforward, no-frills look at how anyone can ease their way into day trading safely and sensibly.Showing you how to walk before you run, this one-of-a-kind guidebook discusses:* Simulation trading techniques to test and hone your new knowledge before actually placing your money on the table* Timing the market like a day trader even if you are buying for the long run* Today's most highly rated books, seminars, and Web sites-to help you establish the necessary knowledge foundation* Brokerage firms that specialize in Level I and Level II quotes, and how to select the right broker for your needs* How the new after-dinner trading hours make it increasingly easy and lucrative to become a part-time trader* Electronic Communication Networks (ECNs)-how they work and which are right for you* Short-Term Momentum and Consolidation Breakout-the two strategies behind the majority of day trading action* Detailed charts describe how stocks performed during real-time trading-and why* Professional money management strategies for building wealth while limiting losses* SureStart Suggestions-strategically placed recommendations for developing a trading program based on your own skills and stylesPacked with information most traders must spend years acquiring, Day Trade Part-Time will help you become a careful, knowledgeable, and successful electronic day trader.