Truth About Day Trading Stocks: Avoid the Pitfalls, Save Money, and Learn What It Takes to Succeed

Truth About Day Trading Stocks: Avoid the Pitfalls, Save Money, and Learn What It Takes to Succeed by Josh DiPietro


ISBN
9780470448489
Published
Released
03 / 08 / 2009
Binding
Hardcover
Pages
208
Dimensions
165 x 239 x 17mm

This is a realistic guide to day trading today's stock market. The Truth About Day Trading Stocks is an uncompromisingly realistic look at the challenges involved in becoming a successful day trader. Based on author Josh DiPietro's ten years of experience as a day trader, this book dissects the psychological and strategic pitfalls that cause most aspiring day traders to fail. Written in an engaging and sometimes humorous tone, The Truth About Day Trading Stocks relates his own experiences, and in so doing, provides the reader with valuable lessons. This book is an antidote to trading industry hype that encourages traders to believe that trading is easily learned and is a fast path to wealth. It explains that the conventional route of attending seminars, buying software, and opening an account with a major brokerage house is a path to failure. Instead, a trader must learn hard lessons of self-discipline, consistency, and staying in the game for the long haul to have a real chance of success. The goal of this guide is to slow down the over-eager, over-optimistic amateur day trader by imparting a realistic view of the challenges of day trading and providing tools, techniques, and insights to become a successful trader without losing a huge amount of money in the process. Josh DiPietro (West Dennis, MA and New York, NY) has been day trading stocks for ten years. He operates a Web site, and provides training programs for aspiring day traders.
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