I recently had a Day Trading for Dummies reader ask me about the tax effects of an equity options strategy that he was using. His broker was not giving him a clear answer, and that’s not a surprise – derivatives are taxed differently than stocks and bonds, which is part of their appeal for day… [Read More]
Blog
Category: Day Trading
What the hey? Day trading in a 401(k)?
From the department of Very Bad Ideas comes this: day trading in a 401(k) account. Oh, where does one begin? First, let me say that day trading is a fine way for the right people to make money. It takes a certain temperament, though, and not everyone has it. I would never recommend that anyone… [Read More]
Dummies in a Day Giveaway
My publisher, the wise people at Wiley, have a new e-book line called Dummies in a Day. To promote them, they are holding a $500 giveaway. I don’t have ebooks included, as I’m not sure I have any topics that could be learned in a day. But while you are over at Dummies.com, you could… [Read More]
Doubt, Overconfidence, Fear, Greed
I’m writing a piece for a client on the psychology of day trading, and I’m thinking about a recent conversation I had with a fellow freelancer about bad projects we had worked on. We both noted that we knew we were taking on projects that would turn into disasters, and yet we signed on anyway…. [Read More]
A New E-Book for Traders
I am one of many contributors to a new e-book, Trading Strategies of Top Market Professionals. It has information for traders with a little bit of experience who wants to know a lot more about different strategies and markets. The download is $29.00. If you find my site looking for advanced strategies, you might want… [Read More]
