Are you intimidated by day trading? Think it's only for the select few who are savvy with stocks or are financial savants? Well, think again, because anyone can master day trading--and once you learn the basic techniques, it's possible to make a boatload of money! The flip side: if you don't know what you're doing, you can lose your shirt.
In this entry-level guide to day trading, MarketWatch columnist and financial journalist Michael Sincere assumes you know nothing. Zip. Zero. Inside, he shows you how to get started and breaks day trading down by clearly explaining:
What computer equipment you'll need
How much money is required
The technical jargon of day trading
Key strategies you'll employ while trading
How you can manage risk
Most important, Sincere lets you in on the biggest secret of all: how to master the mind game of day trading.
Thousands of day traders have watched their bank accounts balloon thanks to Wall Street. Now you can get into the market and enter their coveted ranks.
Michael Sincere is a full-time author, freelance writer, and former classroom teacher. He has spent years teaching complicated concepts and explaining them so that people can understand what is being taught. He is also a full-time freelance writer for the financial services industry.