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Book Day Trading For Dummies by Ann C. Logue (2011-06-07)

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Day Trading For Dummies by Ann C. Logue (2011-06-07)

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    Available in PDF - DJVU Format | Day Trading For Dummies by Ann C. Logue (2011-06-07).pdf | Language: UNKNOWN
    Ann C. Logue(Author)

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4.5 (8836)
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  • PDF | Unknown pages
  • Ann C. Logue(Author)
  • For Dummies (1750)
  • Unknown
  • 4
  • Other books

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Review Text

  • By Darwin on March 9, 2014

    I've read many books on day trading. Most cover techniques and psychology for trading in quite good detail, and certainly in more detail than covered here. After all, these "...for Dummies" books are intended to be an overview and cover more breadth than depth.That being said, I find this to be not just an excellent overview as intended, but a real gem for the chapter covering the tax situation traders must deal with. None of the other books I've read have covered this!If you're aspiring to be a day trader full-time, you need to know about Form 3115 and the mark-to-market election, filing 1040ES and paying taxes on estimated income four times a year, and how important good record keeping is for trades and deductions. You most certainly need to talk to a good tax expert or CPA to work through this, but at least after reading this book you'll have a general understanding of the process and what topics to run by any potential tax advisor before you hire them.

  • By tim on October 30, 2016

    There's a lot of information in this book(at least for me) because I'm just starting to learn.But what I was a little confused about was page 101. I attached a photo of what exactly.It's talking about finding the expected return.If you don't look at the actual numbers In the equation(that they already wrote out for you) and just plug in the numbers from the first paragraph into the the second column(the equation that's w/o actual numbers) then the answer you get is .896% average expected return.. not 0.5%(their answer)Would like to know what's going on here??Either I plugged in something wrong or they(whoever wrote he book) messed up where it says "1.5%" in the first paragraph and they somehow put "0.015%" instead when they plugged it in..Idk when some one asks me to write one and a half percent I don't write 0.015% .. it's more like 1.5%If anyone knows please let me know what's going on???Thanks!Overall pretty decent book if you are just learning, everything is pretty understandable too!

  • By jeff arndt on April 15, 2017

    Arrived in great shape

  • By Larry d. Brewer on March 31, 2015

    I thought it was very comprehensive and covered a wide range of topics. I do feel I need to hone in on exactly what areas I want to "specialize" in and read something more specific. Butt this is a good starting place.

  • By David M. on December 4, 2016

    There are better free resources online.

  • By Adam Mohr on June 5, 2014

    I never close a book on investing but did with this one..I myself am not a day trader but wanted to see if anything useful was in this about techical anaylisis or short makret moves..which there is notMost of this book is telling you why you should not day trade..which is sound advice because unless youre an investment banker or money manager there is no reason to trade or take margain out which you have to in order to day trade.Regardless this was al ibrary check out that got skimmed and half read as was a waste of time.


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