Day Trade Part-Time

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Summary: Day Trading Basics
Review: Day Trade Part-Time is a book of basics which is a must read for anyone who is considering starting a part-time trading business. It is easy reading, and gives the reader step by step directions on what is needed to start a lucrative part-time business. It details everything from what equipment and capital is needed, how to paper trade, and when not to trade. After reading Day Trade Part-Time, and following its SureStart suggestions, the reader should be in a position to easily decide if day trading is a viable part-time business for them.

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Summary: Valuable Guidance
Review: I just wanted to jot a note to express a very special thank you for including Pristine.com in your much needed book. Not only did you two provide valuable guidance for people who are all too anxious to quit their line of work to delve right into this demanding endeavor we call day trading, you saw fit to deliver a comprehensive guide on the proper tools and resources that will increase their odds of success. An excellent piece of work.

Hats off and good luck to you.

Oliver L. Velez,

Founder of Pristine.com and co-author of Tools and Tactics for the Master Day Trader

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Summary: Thanks for sharing the experience
Review: I'm a newbie to trading and this is the perfect book for me. It's like spending a few hours/days talking to a friend and getting sincere, thorough advice. I have always thought it would take many months (and years?) of preparation before one should jump into trading, this book confirms that and laid out all the tools and skills you should be equipped with before attempting real day trading. It provides two techniques to get started with, perfect for someone starting out. I've found few resources where someone takes the time and patience to explain a technique from beginning to end, correlating the developing chart with all the other indicators that you should be watching for before a buy/sell is made. If you are an advance (successful?) trader, obviously this is not the book for you since you've already mastered your skills, but if you are starting out and want one single resource that will point you in the right direction, this is a must read.

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Summary: Look elsewhere, SAVE YOUR MONEY!!
Review: Methods are outdated and rely more or less on the momentum stock craze of the late 90's.(example: csco was 70 a share when they wrote the book and is used in most or their examples.) I highly doubt they are still trading. Daytrading is a tough business so look to get reliable infomation. Dont start with this book. Sorry to be so critical but its just bad information to sell to the public.

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Summary: Nothing new here
Review: Nothing you could not find for free in internet.
I'm glad if the authors are making any profit from this book, because I doubt they are earning much by trading if all they know is put in here...

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Summary: Late to the party
Review: This is a good book, if it were one of the first on the subject. The title is the most inventive aspect of the text. If your a west coast person it certainly applies to you. It uses other peoples methods but they are solid. The authors give credit to their sources which is a welcome change. However those methods have not made millionares. If you have not read a book on day trading this would be a good place to start.

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Summary: The Author, Jeanette Szwec
Review: When John and I started trading, we found such a confusing mess of information that we had a very difficult time getting started. And it was an expensive time because we had no clear direction or path to take. We wrote this book to serve as a mentor to people who want to give day trading a try, but don't want to "quit their day job" or lose their life's savings to do it.

Day trading is not, and should never be, gambling. In times of extreme market volatility, it can be your most conservative investment style. Understanding and using the principles of day trading can be a safe alternative to a "buy and hold" strategy when the markets are in a zig-zag pattern up and down. With the technology stocks going up 10 points one day and down 10 the next, a careful day trader can capture a piece of that variability each day, whereas a "buy and holder" would be net flat and probably developing a considerable ulcer. Everyone interested in stocks should know enough about day trading to understand good intraday entry points, even if they are primarily investors.

This book is meant to act as your guide - helping you take each step in the learning process toward becoming a successful part-time day trader. We show you how to find a broker, what software you need, what books to read, what web sites to look at, what training course you need, and give you guidance on how to put it all together.

Most important, we tell you everything that can go wrong! And we show you how to practise without risking any of your hard earned money. This is not a get-rich quick scheme. It is an approach that will enable you to capture the daily variations in the market.

John and I were not hedge fund managers. We were not stock brokers. We were just regular people like most of you that wanted to find a way to make a little extra money. We know what regular people "don't" know - we don't assume you have Wall Street Knowledge. We talk to you like we wish someone had talked to us. And we give you examples of the things we went through so you can learn from our experiences and not have to repeat our mistakes.

We wish you much success. Jeanette

Rating:
Summary: Well worth the time!
Review: Wish I had this book to read before I started day trading. Are they ever right about starting out as a part-time trader. I've seen a number of people jump into full-time trading too fast and get creamed in the markets. This book covers all the danger areas and shows you how to test your trading skills before you start trading live with your hard-earned money. I didn't realize so much pre-trading preparation was necessary! Any new trader would benefit from following their unique guidelines. I have never seen anyone write about some of the subjects they cover. These might be some of the most important points of all, such as; how to do simulation trading, how to use a trading chat room successfully, the real cost of trading, and the safest approach to start trading live. Believe me, for anyone that wants to learn how to day trade, this is a must read!

Rating:
Summary: Nothing new here
Review: With all the hype about day trading and with the Nasdaq market subject to such wild swings I was looking to take some of my money and attempt to leverage my knowledge base. I have been an enterprise networking products sales person and I consider myself reasonably savvy about emerging trends in technology. Reading this book was my "look before you leap," and provided me with some sound investing guidelines, philosophies, nuggets of information and the kind of reality check that will make this endeavor less akin to buying a lottery ticket. I recommend it for anyone who's interested in managing their own investments.

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Summary: Gave Me a Day Trading Foundation
Review: With all the hype about day trading and with the Nasdaq market subject to such wild swings I was looking to take some of my money and attempt to leverage my knowledge base. I have been an enterprise networking products sales person and I consider myself reasonably savvy about emerging trends in technology. Reading this book was my "look before you leap," and provided me with some sound investing guidelines, philosophies, nuggets of information and the kind of reality check that will make this endeavor less akin to buying a lottery ticket. I recommend it for anyone who's interested in managing their own investments.