Trading for Dummies

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When people think of stock trading, they often times think of the glory days of the web, when stocks just kept increasing and everyone seemed to be making a lot of money. Because the bubble burst, many people are scared of buying the currency markets. Sure, stocks are risky—exactly like every other investment—but with the right knowledge and tactics, there’s still money to be produced. Trading For Dummies isn’t about high-risk, fast-paced day trading. It’s a simple, straightforward guide to the ins and outs of stock investing that offers a measured, level-headed method of trading. You’ll learn the fundamentals of portfolio management, measuring stock value, market analysis, and much more—all with a focus on risk reduction and steady profits. Inside you’ll learn how to:

  • Understand market cycles
  • Choose a great broker
  • Master technical analysis
  • Manage your risk exposure
  • Build a well-balanced portfolio
This friendly guide presents the kind of honest advice you won’t find in the normal get-rich-quick books on trading. Full of practical tips and tactics—as well as hardnosed insider advice—this handy resource demonstrates how to create a strong, balanced, and profitable portfolio. Whether you want to save up for your retirement or purchase college, Trading For Dummies will highlight how to:
  • Prepare yourself with the right tools and information
  • Develop your own custom trading strategy
  • Analyze companies and stocks
  • Understand all the exchanges and markets
  • Understand broker payment structures
  • Analyze market behavior
  • Decipher income statements, balance sheets, and ratios
  • Read charts and graphs
  • Spot trends and profit from them
This book has all the various tools and honest advice novice stock traders need to get set-up quickly and safely. Basic strategies and stock valuation methodologies let you control your risk exposure and make wise decisions. Trading For Dummies includes everything new traders need with advice on every type of stock or derivative, every kind of trade, and every popular strategy.


Category: Introduction

Details

Publisher

HarperAudio

Language

English

ISBN

DATE

2007-10

Author

Michael Griffis

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