Product Description

Now updated — your guide to trading success regardless of the market!

Want to make smarter trading decisions? This strategy-packed, no-nonsense guide presents a proven system for analyzing stocks, trends, and indicators and setting a buy-and-sell range beforehand to decrease your risk in both up and down markets. You'll discover the benefits of position trading, conduct technical analysis, and research your entry and exit points before you even purchase your stock.

• Build your trading toolbox — know the markets and exchanges, find a broker, set up your brokerage account, and determine your computer/Internet needs

• Explore position trading — discover the benefit of executing trades in and out of positions and holding positions for various lengths of time, depending on trends

• Find value in fundamental analysis — observe market behavior, understand economic indicators, find critical information in financial statements, and make the most of analysts

• Take on technical analysis — build and read charts, identify trends, recognize bull and bear patterns, and differentiate between stocks that are range bound and ones that are trending

• Develop strategies for buying and selling — know your risks, gather key info through analysis to build your optimum trading strategy, and develop your own powerful trading system

• Jump into the deep end — from swing and day trading to derivatives and foreign currency, get the basics of these riskier forms of trading

Open the book and find:

• The ins and outs of trading stocks

• Fresh ways to analyze trends and indicators

• Updated stock charts and Web sites

• Position trading tips and techniques

• Step-by-step instructions for building and reading charts

• Key money management techniques

• Warnings about frauds and scams

• Top ten trading survival techniques

• Huge trading mistakes to avoid at all costs

Product Details

• Amazon Sales Rank: #13631 in Books
• Published on: 2009-06-02
• Original language: English
• Number of items: 1
• Binding: Paperback
• 384 pages

Features

• ISBN13: 9780470438404
• Condition: NEW
• Notes: Brand New from Publisher. No Remainder Mark.
• Click here to view our Condition Guide and Shipping Prices

From the Back Cover
Invest smart -- with proven tips and tactics

Master the basics of trading and strengthen your portfolio

Do you want to trade stocks, but don’t know where to start? Are you scared of the risks? Relax! Trading For Dummies takes a measured approach to trading, giving you the basics of trading and portfolio management. This friendly guide will show you how to analyze the market and make smart decisions -- so you won’t lose your shirt!

The Dummies Way

• Explanations in plain English
• "Get in, get out" information
• Icons and other navigational aids
• Tear-out cheat sheet
• Top ten lists
• A dash of humor and fun

Discover how to:

• Understand market cycles
• Choose the best broker for you
• Master technical analysis
• Develop a balanced portfolio
• Read charts and tables
• Uncover new trends
• Manage your risk exposure

About the Author

Michael Griffis, MBA, is an active stock broker. He writes extensively about investing and marketing, benefiting clients in the banking, and brokerage industries. Lita Epstein, MBA, has written more than 25 books to help readers understand the complex worlds of money and finance, including Bookkeeping For Dummies and Reading Financial Reports For Dummies.

Customer Reviews

Good Introduction to Position Trading
Let me first state -- this is not a book for day traders! Although there are chapters on both swing and day trading, the authors concentrate on position trading. Hence, they include several chapters on fundamental analysis and focus on slower signalling indicators. Now, that's out of the way...

The book is well-written, with the not-too-serious yet informative style that hallmarks a good "Dummies" book. The organisation is top notch, and the authors re-iterate tactics they have previously covered when doing so provides a good learning example. There is a limited amount of technical analysis, with the primary focus on patterns (breakout and continuation) and simple indicators--moving averages, MACD, relative strength, e.g.

As with most "Dummies" books, you are not by any means an expert on the topic when you finish. However, I believe the reader, having paid close attention, will have a good grasp of the concepts he or she will need to trade, and that this book provides a good introduction and foundation for further research in the field.

I give the book 5 stars for well accomplishing the authors' stated purpose, but caution that, if you are looking for a book on short-term trading, you could be disappointed. That having been said, I think it makes a fine base for further reading into such trading. Your mileage may vary.

Trading for Dummies
It's a very good intoduction to the world of trading and stocks market. I like the chapter about fundamental analysis and the basics of technical analysis. Quite clear and yet focused discussion of the main topics and techniques. I recommend this to anyone who have plans to study trading and stocks trading in particular. It should have been named "Stocks trading for Dummies" - but it's Ok.

Great Introduction
IMHO The reason the "for dummies" brand has been successfull aside from the catchy name, is the actual content and material of the books themselves.

This book has been a great read for some one like myself that already had an idea of what investing entails, but that does not preclude total beginners with no idea from gaining an immense amount of great information from this book.

It is written in plain language and is a great place for a beginner to start his journey.