In this easy-to-read guide suitable for beginning traders, you'll learn how to buy and sell stocks on a monthly, weekly, or even daily basis, so you own the right stocks at the right time.
Turner's clear, common-sense advice, easy-to-follow explanations, and helpful examples will help you invest in the exciting and profitable world of short-term trading quickly and safely. In this revised edition, you'll get:
- Expanded coverage on sector investing
- Updated charts and graphs with current examples
- New SEC (Securities Exchange Commission) rules and regulations
A Beginner's Guide to Short-Term Trading is written for those traders who want to profit by grabbing the "sweet spots" out of a stock's uptrend or downtrend. The book explains two styles of trading: swing trading and position trading. When you place a swing trade, you buy a stock with the intent of taking gains in two to five days. When you enter a position trade, you typically buy a stock breaking out of a base into an uptrend. You hold that position as long as the stock rises in that uptrend, approximately three to six weeks.
If you have a have full-time job, yet want to participate in the stock market, short-term trading may appeal to you. If you're more of a traditional buy-and-hold investor, the knowledge you find in this book will help you keep your profits, instead of gaining them - and then giving them back.
With a light-hearted, reader-friendly style, A Beginner's Guide to Short-Term Trading is designed to teach you skills and strategies needed to enter the stock market on a relatively short-term basis, safely and successfully. Please educate yourself thoroughly before you jump into the market, just as you would do with any worthwhile endeavor.
Now you can take control of your portfolio. Start planning your trades today!