Publisher's Synopsis
Day trading
If you are new to trading, then you will need all the advice, tips and guidance necessary, in order to trade successfully. It is, however, first recommended that you understand a concept, apply it and master it then add more knowledge. This is a much better and more successful strategy. Here are some helpful tips and advice that should guide you as you trade online in options. This book will help you in your success path.
Online trading is very convenient. With just a few clicks, people can easily participate in buying and selling stock activities online. In addi-tion, the process of registering is very easy. You only have to find an online platform or an online broker to be able to start. This book will act as a systematic guide on how to start online trading.
The book describes options in detail. An option is one type of in-vestment which offers a different kind of opportunity to experienced investors.
To make great trades consistently, you need a solid strategic plan. On top of all this, options aren't simply buying something cheap and sell-ing it at a higher price to make a profit. It's infinitely more complex than that. There are basically two types of options namely the call op-tions and the put options, but they're simultaneously two kinds of strategies too. You purchase in one and sell in the other. It all de-pends on your inclination towards being bearish or bullish. But op-tions wouldn't be complicated at all if there were just these two strat-egies.
This book will help you understand concepts such as why long-term investments require knowledge on cash flow, earnings, book value, return on earnings, etc. These concepts are fundamentals when it comes to stock analysis. On the other hand, if you want to enter swing trading or short-term investment, you should also know the technicalities of stock trading. This information is essential in order to decrease the risk of losing.
