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Books : The Long-term Day Trader: Short-term Strategies to Boost Your Long-term Profits

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Binding: Paperback
Dewey Decimal Number: 332.6420285
EAN: 9781564144539
ISBN: 1564144534
Label: Career Press
Manufacturer: Career Press
Number Of Items: 1
Number Of Pages: 256
Publication Date: 2000-03
Publisher: Career Press
Release Date: March 01, 2000
Sales Rank: 348447
Studio: Career Press




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Editorial Review:

Product Description:
Find out how you can use the short-term strategies of the professional day trader to improve your long-term returns. It doesn't matter whether you are a short-term trader or a long-term investor. By using the most profitable tactics of the top day traders, you really can boost your long-term returns.

Author and long-term investor Michael Sincere prefers to buy high-quality stocks, mutual funds, and index funds. Professional day trader Deron Wagner believes in short-term trading tactics. The Long-Term Day Trader is a synthesis of both strategies.

You'll learn:
* How long-term investors can profit from the secrets of day traders.
* How to find the trading system that fits your personality and meets your goals.
* How to be a winning long-term day trader.
* Why day traders lose money and how long-term day traders can avoid the pitfalls.



Customer Reviews
Average Rating:  out of 5 stars

Rating: 5 out of 5 stars - Great Book Esp For Newbies
This book is a real gem for beginners, it gives lots of great tips without the egotistical mumbo jumbo.



Rating: 1 out of 5 stars - Outdated and full of useless catch phrases
The worst trading book I ever purchased. The book is full of catch phrases and waffles page after page. Example: more than 100 pages of advice such as:
Don't trade scared (1 full page)
Be patient (1 full page)
Trade like a robot, wothout emotion (1 full page)
Always have a profit goal (1 full page)
etcetera
The book does not show any examples of successfully backtested strategies. Better go for "Trade like a Hedge Fund" from J Altucher.



Rating: 5 out of 5 stars - A Sound, Friendly Read
This the type of book that benefits one early in one's trading process and merits re-reads after more experience. While there is very little from the technical point of view, the practical, "real world" advise rings very clear. People often buy books that are too complicated for their current level of understanding. Accordingly, they acquire more "knowledge" but not more understanding. Confusion can lead to a lot of lost money in trading. Thankfully, this is not such a book. It deserves a permanent ... Read More



Rating: 3 out of 5 stars - Good Introduction Book.
This book is mainly for beginners, and offers a good introduction into investing.



Rating: 2 out of 5 stars - BELOW BEGINER LEVEL
THIS BOOK WAS NOT USEFULL TO ME. IF YOU DON'T ALREADY KNOW THE BEGINERS INFORMATION IN THIS BOOK, YOU HAVE A LONG WAY TO GO.



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Disclaimer: Futures, forex, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using these methodologies or systems will generate profits or ensure freedom from losses.

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