Trading for Dummies

Book Description
When people think of stock trading, they often think of the glory days of the Internet, when stocks just kept going up and everyone seemed to be making a fortune. Since the bubble burst, many people are scared of investing in the stock market. Sure, stocks are risky—just like any other investment—but with the right knowledge and tactics, there’s still money to be made.

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 approach to trading. You’ll learn the basics 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 balanced portfolio

This friendly guide presents the kind of honest advice you won’t find in the typical get-rich-quick books on trading. Full of practical tips and tactics—as well as hardnosed insider advice—this handy resource shows you how to build a strong, balanced, and profitable portfolio. Whether you want to save up for your retirement or pay for college, Trading For Dummies will show you 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 fee 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 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.


From the Back Cover
Invest smart – with proven tips and tactics Master the basics of trading and strengthen your portfolio Do you want to trade stocks, but don’t know where to start? Are you scared of the risks? Relax! Trading For Dummies takes a measured approach to trading, giving you the basics of trading and portfolio management. This friendly guide will show you how to analyze the market and make smart decisions – so you won’t lose your shirt! The Dummies Way Explanations in plain English "Get in, get out" information Icons and other navigational aids Tear-out cheat sheet Top ten lists A dash of humor and fun Discover how to: Understand market cycles Choose the best broker for you Master technical analysis Develop a balanced portfolio Read charts and tables Uncover new trends Manage your risk exposure


About the Author
Michael Griffis is a stock trader and a writer.

FROM THE PUBLISHER

The friendly, easy-to-understand guide to stock trading
Trading For Dummies presents practical, how-to guidelines on observing market behavior, identifying trends and patterns, and predicting future performance. Readers will discover how to develop strategies for when to buy and sell stocks, spot easy chart patterns, choose the right stock to trade, and develop a personal trading strategy. Readers will also find information on choosing a broker, using a trading center, and protecting their principal. Further sections provide advice on designing and keeping a trading log and using the Internet for research-plus strategies and tips for swing and day trading. Trading For Dummies is an approachable, non-intimidating guide to finding stocks that move and trades that pay.
Michael Griffis (Winchester, VA) is a stockbroker who has helped businesses and individuals manage investments in stocks, bonds, mutual funds, retirement plans, 401(k) plans, and asset management programs. Lita Epstein (Coconut Creek, FL) designs and teaches online courses on topics such as investing for retirement, getting ready for tax time, and finance and investing for women. She is the author of Streetwise Retirement Planning and the coauthor of Teach Yourself Retirement Planning in 24 Hours.

Author Biography: Michael Griffis is a stock trader and a writer. Lita Epstein is a writer and a designer and teacher of online financial courses.

SYNOPSIS

Invest smart — with proven tips and tactics

Master the basics of trading and strengthen your portfolio

Do you want to trade stocks, but don’t know where to start? Are you scared of the risks? Relax! Trading For Dummies takes a measured approach to trading, giving you the basics of trading and portfolio management. This friendly guide will show you how to analyze the market and make smart decisions — so you won’t lose your shirt!

The Dummies Way Explanations in plain English "Get in, get out" information Icons and other navigational aids Tear-out cheat sheet Top ten lists A dash of humor and fun