I can't believe people are still uninformed enough to be "gambling" in the markets and not utilizing options.
Do you know what is better than Day Trading? Going to Vegas with $100 in quarters and flushing them down the toilet in your room one-by-none. Why? Because once in a while the toilet will back up and you will feel like a winner. This is much more fun that the pain day traders typically experience.
My advice. If you are going to day trade, use options as a hedge or do so with options instead of stock and futures. Just my opinion, but it has been proved that less than 6% of day traders make money trading which is the exact odds of being a professional Blakc Jack player in Vegas.
I am not trying to sound negative, but rather determined to make 2007 great. Those interested in a better way of trading can look at the option book reviews.
I cant believe this book can still be found selling at full price in retail bookstores across the country today. It so old and mostly useless. The "Trading for Dummie's" series of books are more useful than this one. I dont know why they still publish this title when the market has moved on...
Bought this rag years ago (at a discount thankfully). Couldn't believe how shallow it was. Looks like she cut and pasted generic trading info just to fill the pages. There was very little attempt to educate. It's obvious to me that she simply wanted something to put on the shelf to sell. Don't waste your time or $.