A Beginner's Guide to Day Trading Online (2nd edition) | Toni Turner

A Beginner's Guide to Day Trading Online (2nd edition) | Toni Turner | A Beginner's Guide to Day Trading Online

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A Beginner's Guide...

	A Beginner's Guide to Day Trading Online (2nd edition) Toni Turner Adams Media, 2007 - 288 pages average customer review:based on 97 reviews view larger image
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highly recommended

Great primer for novices and beginners

Although there are plenty of reviews on Amazon to help you decide whether or not to buy the book, I wanted to offer my two cents.

As for the positive points of the book, the title is dead on: "A BEGINNERS Guide to Day Trading Online". The book is a great primer that introduces you to the world of day trading, trading jargon and terminology and, although briefly, charting and technical analysis. The book is well written and Toni Turner does a great job of explaining things in layman's terms. I personally thought the book excelled in two areas. First, the book does a good job of introducing the readers to the styles of day trading. Toni explains the time frame and investment goals of classic day trading, swing trading, and scalping. Whenever she introduces a new theory or strategy, she takes the time to show the reader how the newly introduced topic relates to the day trader, the swing trader, and the scalper. Secondly, I appreciate the fact that Toni puts together a point-by-point checklist to help the beginning trader choose a stock. The checklist is by no means perfect and you will definitely want to include/exclude certain criteria when you begin to trade, but instead of aimlessly looking through thousands as stocks after you finish the book, she gives you a good starting point.

Another positive point of the book is the fact that the author includes short quizzes at the end of each chapter to help you absorb the information just presented and a "Center Point" that features a motivational quote and couple of paragraphs of reflection. The "Center Point" motivational speech compliments the authors "Rah-Rah" Cheerleading-type tone and constant overuse of the exclamation point that other reviewers complained about. I really didn't mind the authors cheerleading and enthusiasm, but I can understand how some people were annoyed by it. I would definitely prefer a lively author who is excited about the world of trading than a dry, cold author with no personality.

As for negative factors, I think Toni Turner tends to oversimplify things a bit. You come away feeling as though you're ready to place your first trade after reading the book when you are really only beginning to scratch the surface. The book offers VERY LITTLE technical analysis. Toni never mentions key indicators such as MACD, RSI, ROC, or PSAR. I understand the book is just a primer for beginners and that the aforementioned technical indicators are not necessary for someone who is trying to decide whether or not he/she wants to trade for a living. However, if Ms. Turner is going to suggest you can begin trading after finishing the book, she should at least suggest to the reader that there are other technical indicators to be considered before entering a stock position.

Here is how you should decide if this book is for you or not:

If you are novice who is considering trading part-time or would like a solid introduction to day trading as a full-time profession, this book is for you. WORD OF CAUTION: Do not open up a brokerage account armed solely with the knowledge in this book. You will go broke quickly. I suggest you follow up this book with other books on the subject of trading (Toni gives you a listing at the end) and paper trade for a couple months before you even begin to think about trading with real money.

If you are an advanced-beginner or intermediate trader, this book is not for you. You probably already have a working knowledge of every concept Ms. Turner presents.

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A Beginner's Guide to Day Trading Online

I am very pleased with the ammount of informatioon of on candlestix charts. I was going to order the candlestix course later. This book has much information on chart technical analysis that I need.

I want to thank you for adding this title to my cart because I previously had not heard of this book.

Thank you.

this is a good straight forward beginner's guide to trading online...

Well worth the money, it is a good book to learn trading online, useful tips, reading level is understandable, I recommend it, Adrian Ranola

A Must-Have for Any Trader

Great read, and very informative. This is a must-have for the wanna-be or "thinkin' about it" Day Trader or any kind of trader. The principles covered span all types of trading. The author is clear, concise and to-the-point. Loved it! Will keep it to re-read and reference.

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Nice format

Toni Turner tells us a simplified version of (probably) everything that she knows about the art of trading on line. The book is basicaly a text book that explains all the do's, dont's, how to's and how not to's that a begining investor must know. Everything she says makes perfect scence and is so clear and easy to understand... as well as darned interesting. My favorite quote from the book is ' When Mama ain't happy, ain't nobody happy!'. ( Mama refering to Mother Market ) buy it!

reviews: 1, 2, 3, page 4, 5, 6, 7, 8, 9, 10, 11, 12, 13

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