Trading For Dummies, 5ed

Description

Trading For Dummies, 5e is a book for investors looking to take their portfolios to a higher level. Learn how to assume more risk, reap more benefits, and build a more aggressive portfolio through the methods of position trading, which involves due diligence, analyzing trends and key indicators, and a longer holding period than day trading or even swing trading.

Updates:

How to trade in what will likely be a turn toward downward market during a recession, as well as how to prepare for the subsequent economic turn upward
Update how to work with Stockcharts.com to match current charting interface
Expand chapter on ETFs, which have become more popular trading vehicles during the turbulent market conditions
Overview of various trading styles in current turbulent market conditions

About the Author

Lita Epstein, MBA (Orlando, FL) has authored more than 40 books, primarily in the area of personal finance, including Reading Financial Reports For Dummies and Bookkeeping For Dummies.

Grayson Roze (Seattle, WA) is the Vice President of Operations at StockCharts.com and the author of Tensile Trading: The 10 Essential Stages of Stock Market Mastery. He is also the co-founder of Stock Market Mastery, which provides financial education products and services to individual investors. Grayson speaks regularly at investment seminars throughout the country.

Table of Contents

Book Review

Part 1: Getting Started with Trading 5

Chapter 1: The Ups and Downs of Trading Stocks 7

Chapter 2: Exploring Markets and Stock Exchanges 19

Chapter 3: Going for Broke(r): Discovering Brokerage Options 31

Chapter 4: Putting Your Key Business Tool to Work: The Computer 47

Part 2: Reading the Fundamentals: Fundamental Analysis 63

Chapter 5: Fundamentals 101: Observing Market Behavior 65

Chapter 6: Digging Into Fundamental Analysis 83

Chapter 7: Listening to Analyst Calls 103

Part 3: Reading the Charts: Technical Analysis 117

Chapter 8: Seeing Is Believing: An Introduction to Technical Analysis 119

Chapter 9: Reading Bar Charts Is Easy (Really) 131

Chapter 10: Following Trends to Boost Your Probability of Success 151

Chapter 11: Calculating Indicators and Oscillators 167

Part 4: Developing Strategies for When to Buy and Sell Stocks 189

Chapter 12: Money Management Techniques: Building a More Robust Portfolio 191

Chapter 13: Combining Fundamental and Technical Analyses for Optimum Strategy 209

Chapter 14: Minimizing Trading Risks Using Exchange-Traded Funds 229

Chapter 15: Executing Your Trades 239

Chapter 16: Developing Your Own Powerful Trading System 257

Part 5: Risk-Taker's Paradise 277

Chapter 17: The Basics of Swing Trading 279

Chapter 18: The Basics of Day Trading 293

Chapter 19: Doing It by Derivatives 309

Chapter 20: Going Foreign (Forex) 327

Part 6: The Part of Tens 343

Chapter 21: More Than Ten Huge Trading Mistakes 345

Chapter 22: Ten Trading Survival Techniques 353