Rules of The Trade

Like the information that continuously flows onto their computer screens, active day traders want guidebooks to be fast, no-nonsense, and reliable. Rules of the Trade gives traders of all levels the concise, common-sense insights of a day trading pro. Beyond simply listing the rules, however, it goes on to explain what the rules mean, why they are important--and the high costs of overlooking them even once. Packed with real-life examples to illustrate key points, this book--from best-selling author David S. Nassar--details popular axioms that traders often forget in the heat of action. All the basic rules are covered, including: - Only trade stocks you know and trust - Set goals and frequently measure progress - Understand the difference between gambling and trading

First sentence: With the emerging gateway to electronic trading opening wide due to revolutionary changes in the securities industry, a volatile stock market, and technological advancements, the first rule in preparing to trade it to understand that The rules are ever changing.

Year

2001

Language

English

Publisher

McGraw-Hill

Editions

5

Pages

253

ISBN

9780071354639

Data source: Wikidata