The leading criticism of Day Trading for Dummies is that I discourage people from day trading. That’s intentional. Day trading is not for everyone. There are people who day trade successfully, who enjoy it and make money at it. They are few and far between, however. Most people who take up day trading lose many…. [Read More]
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Tag: Day Trading
The fourth edition of Day Trading for Dummies is here
The fourth US edition of Day Trading For Dummies (For Dummies (Business & Personal Finance))is here, joining one edition each in Canada and Germany. It’s scary how popular Day Trading for Dummies is, to be honest, because most people should not day trade. If you do, you can dramatically increase your chances of success by… [Read More]
FAQ: Should I take up day trading?
A lot of people buy Day Trading For Dummies and ask themselves, “Should I take up day trading?” In most cases, the answer is no. Day trading is not a steady investment program. It is an activity that makes money for some people and loses ridiculous amounts for others. That’s all there is to it. Day trading… [Read More]
FAQ: What is Bitcoin, anyway?
Yesterday, I received an email from a friend with a plaintive questions: what is Bitcoin? She is hearing about it and is intrigued! Bitcoin makes an appearance in Day Trading For Dummies, I’ve done work on it for some clients, and I even have blog posts on it. The fact that all of a sudden… [Read More]
Option trading basics
My latest book is the Idiot’s Guides: Options Trading. Like so many pursuits, trading is something that requires practice and refinement. Options trading is as much about hedging as it is about speculation. The process matters. As much as you want to jump in and start making options work for you, you’re better off taking… [Read More]
