Getting Started in Online Day Trading

Rating:
Summary: Great Book
Review: As the title indicates, this book is for the total beginner. The author takes the reader by the hand and guides him / her through the complex world of online day trading. All of the major areas of concern are covered: Everything from what is day trading and opening your online account to strategies and techniques used to gain profits. This book provides a great bird's-eye-view, kind of a road map for the long journey ahead. This book is not intended to cover every area of day trading with an exhaustive explanation, but rather, introduce each subject and point the reader in the right direction for further study. I strongly recommend this book. Happy trading.

Rating:
Summary: Perfect for the beginner
Review: I loved this book. I knew very little about the stock market and was interested in day trading. This book was perfect. It covered it all. In addition, it recommended other books and websites on the topics as you went along. I borrowed it from the library, then decided I had to buy it as a reference.

Rating:
Summary: Good book for explaning the nuts and bolts of day trading
Review: I wanted a book that would take me step by step through all the technical day trader jargon and explain what all of it meant. Getting Started in Online Day Trading by Kassandra Bentley was just what the doctor, or in this case, the beginning day trader ordered. She takes a very solid approach to explaining what the stock market is all about, what day trading is all about, the procedures of doing day trading and the pitfalls of day trading. She is not shy in pointing out other books in order to gather good day trading information. This shows that she is very open to learning herself. Her book does a good job of not assuming that the reader already knows all about day traderese. There are plenty of sidebar notes that refer to terms and phrases within each chapter. This is a very good way of reinforcing what your have just read. One specific area that was very clear in explaination are the terms bid and ask. While other books use these terms almost interchangably and do not explain correctly who is the buyer and who is the seller, she does an excellent job of clarification on this subject. This point is probably obvious to old pros, but her insight that a beginner is not savy to these nuiances is good thinking on her part. She also goes into some detail on charting and day trading methodology, but not too much in depth. If anything, this was the only negative about this book. However, after reading other books on day trading, I believe that this book is the most straight forward and understandable of all of them. The book is well thought out and very concise.

Rating:
Summary: Not worth it
Review: This book is a waste of money. It is for the complete beginner that isn't familiar with any terms/concepts to stock trading in general. A beginning trader should definitely not start out day trading and this book gives just enough knowledge to help you lose money doing just that. The day traders survival guide is a much better intro book and I highly recommend it over this one. I recommend reading up on short term trading/swing trading first, then when you're successful at that and consistently making a profit, you will be in a much better position to start day trading.