A Beginner's Guide To Day Trading Online

ByToni Turner

feedback image
Total feedbacks:18
10
3
1
2
2
Looking forA Beginner's Guide To Day Trading Online in PDF? Check out Scribid.com
Audiobook
Check out Audiobooks.com

Readers` Reviews

★ ★ ★ ★ ★
pansy9719
I would higly recommend any novice or not so very experienced trader to read this book, and reread it once you have a some experience. She has explained various day and swing trading setups very thouroughly and does it without making it very complicated.
★ ★ ★ ★ ★
syaozhong
I really enjoyed this book!! It offered simple explanations for some truly complex trading concepts. The book maintained the perfect pace for a beginner to pick up new ideas, and for a more experienced trader to reference as a 'refresher'.

In addition, I appreciated the summary and breakpoints at the end of every chapter-providing some much needed guidance (within and beyond the world of candlestick charts;)
★ ★ ★ ★ ★
jamin guy
The best book on day-trading and preparing for the work of being a day trader I've found. Have read other books but this one sets the standard!
She is clear, concise, and "to the point" on her descriptions on the mental and emotional requirements of becoming a successful day trader. I found out that I made many mistakes because I just didn't know about how to approach day-trading effectively and prudently. Her book cuts past the theory and (ultra-expensive courses out there) the market rhetoric and takes you by the hand on reading the indicators, knowing the difference between Level I & II software systems. Nothing is left to chance in understanding how to become a successful day trader. I also ordered the second book as I was very impressed with the wealth of information (and shared experiences) that she puts out.

Her writing style is clear and easy-to-understand. I'm preparing to day trade soon as I want to prepare for retirement down the road. In addition, will not be looking for another job should my present one be eliminated or go away. Just stay home and day trade! Read this book as if your next paycheck depends on it and you'll succeed.
A Winning System in Good Times and Bad - Fourth Edition :: A Beginner's Guide to Day Trading Online (2nd edition) :: A Beginners Guide to Trading Tools and Tactics - Money Management :: Penny Stocks For Dummies :: The Magic Thief
★ ★ ★ ★ ★
sanfranannie
Toni is an awesome teacher and financial counselor. I've read the book twice and I still find new lessons. The tie-in with mental well-being is a great investment strategy that I firmly believe in. Read some beginner level stock market books if your brand new to the market. Otherwise, she tells you everything you need to know to get started. Wish she had a revised edition to help navigate the post 2008 market crash. Nevertheless, her lessons still apply.
★ ★ ★ ★ ☆
daniil
Very informative indeed, and I am more-than-ever convinced NOT to daytrade. I know, now, that I have too little education, the wrong software, not enough energy, and not the gambling spirit. I also learned a bunch of other good stuff that can help my longer-term investing.
★ ★ ★ ☆ ☆
seyma
Comes across in the wording as a little more authoritative than it should. Teaching stock trading especially to new people should been done in such a way that does not sound like each idea is gospel. Good, but if you are totally new take it all with a grain of salt.
★ ★ ★ ★ ★
sumithra
I purchased this book in kindle version and read it with my iPad. After few pages passed, I am 100% sure making the right choice. This book is very easy to read and even make me smile. I love this book and I would compare the book quality as high as the book from harvard business school publisher. Please write more books and I will definitely be your fan!
★ ★ ★ ★ ★
tmclark
Exactly what you need to trade on the short term. Her Day Trading book is, along w/this one, a must. Now, I can predict changes much better. Easy to understand... Will give you a better chance to make more $s and save you from BIG mistakes on when to buy and sell. In short, what the pro traders don't want you to know.
★ ★ ★ ★ ☆
crystal fox
For a beginner it is very simple to understand. Author knows that a beginner means just that (assuming one knows absolutely nothing about trading which is correct). This is getting me from a to b now. Big help!
★ ★ ☆ ☆ ☆
christina adams
I have to start off by quoting another reviewer of this book, who was spot on:

> [ Adam Swelinger wrote ]:
> Ms.Turner needs to cut down on her caffene. What starts out as a promising book on
> day trading quickly devolves into an infantile screaming and bragging session. She
> peppers practically every sentence with an exclamation mark as if all her words
> had world shattering implications. Sorry Tony, the only shattering you have done
> is with our patience.

I could not have said it better. When I buy a non-fiction book to learn
something, I want it to be seriously written,... not 317 pages of fluff
(index included), and intelligence insulting sentences written for
10 year olds. A well written version of this book would have made it a more
important publishing, as well reduce the number of pages (cheap feel by the way)
by about 30 - 35%.
★ ☆ ☆ ☆ ☆
debra rojy
Stopped reading at chapter 3, that's when I found out that the SEC requires a minimum balance of 25k to be a DAY TRADER. That means you need to open an account with 30k to protect your account from being frozen should you lose a few hundred dollars. I guess all the other reviewers knew that, because I didn't see that fact in any other reviews. WELL THIS IS FOR THE STUPID PEOPLE LIKE ME.
★ ★ ★ ★ ★
ginger young
Although there are plenty of reviews on the store 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.
★ ☆ ☆ ☆ ☆
diana rogers
Stopped reading at chapter 3, that's when I found out that the SEC requires a minimum balance of 25k to be a DAY TRADER. That means you need to open an account with 30k to protect your account from being frozen should you lose a few hundred dollars. I guess all the other reviewers knew that, because I didn't see that fact in any other reviews. WELL THIS IS FOR THE STUPID PEOPLE LIKE ME.
★ ★ ★ ★ ★
dana longley
Although there are plenty of reviews on the store 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.
★ ★ ☆ ☆ ☆
valeriya
I have been a successful position trader for few years and decided to venture into daytrading to cash in on trendless market periods. What I found out is that being a successful position trader does not necessarily mean you will be a successful daytrader. As a daytrader you have to make quick decisions and pull the trigger with little delay. This book focuses on too many technical indicators that may be useful in position trading but not of paramount importance in daytrading.In essence all they do is delay yor ability to take action thus missing your opportunity. I have finally been able to become slightly profitable using the help of a daytrader friend of mine who opened my eyes to the importance of having a thorough and deep understanding of level II. Although this book does discuss Level II, it is done in a superficial manner with little depth. It is critical to know the games that market makers and large position holders play to fool you. One common ploy used by large institutions to sell large amounts of stock is to use ECNs. The ECN will only show a small amount of shares while hiding the rest. The unsespecting daytrader wil see high volume at the bid and low ask volume and think the stock is moving higher.The exact opposite usually occurs since the ECN at the ask is only showing a small amount of shares they have to sell. While they show all the shares they are willing to buy at the bid. There are many more games played by the AXE etc and my point is unless you understand these issues being a successful daytrader will remain a difficult goal to achieve.THis book will certainly not provide this critical information
★ ★ ★ ★ ☆
wendy teague
This book devotes a whole chapter, and scattered comments, attempting to remind you to never use your principle and to not let emotion guide you through the buying and selling process. It is definetly a good guide towards what you must learn in order to catch all the signals the charts give you. BUT while I read it I found myself panicking because I felt as if it was leaving me behind, eventually as I progressed through the chapters the information being given began to lose the beginners pace, it was being crammed and was hard for me to retain much of it. This book is perfect for someone who has already been submerged into the day trading world, otherwise you should do as i did, read it and search for other books that break the topics down further (such as candlestick charting).
★ ★ ★ ★ ★
julius
Like the movie Platoon where you don't just watch the movie, but you're sucked out of your chair into the battle scene, Toni's book takes you into the tortured mind of a trader in the midst of battle...feeling the knots in his insides while watching his trade take a nose dive without a sell stop! Much of the book described me and how I made my losses. My only regret is not having read this book BEFORE I went into trading. With this book, I now have a blueprint on how to undo (read: earn back) the mistakes I took early on when I thought I could beat the market by "winging it". Yes, the book goes beyond being a good literary read. It's a beginner's hand-holding guide on what trading is all about and how to profit from it. The book does what it promises. A minor complaint (publisher's fault and not the author's) is that some charts being discussed are on a different page. It was annoying at best to flip back and forth between the text and the chart.
★ ★ ★ ★ ★
sina bourbour
I don't understand why some people criticize this book at all. This is called a Beginner's guide and that's what it is. Those looking for advanced content probably don't understand the meaning of beginner's. At least it is much more responsible than some other books that have titles hinting how they became millionaires but offer similar basic information. I read the 2nd Edition and didn't find excessive use of exclamation marks as some claimed. In fact, the writing style of Toni makes for light reading. It does give you a good introduction to trading in shares. I'm a beginner. Thus I do find the information useful to me. Of course, one cannot trade according to the techniques listed in this book and expect to be profitable. However, it should give you solid foundation to build your knowledge upon. I've got to say this book offers excellent value for the price of the book if you are a beginner. Stay away if you don't consider yourself a newbie at all.
Please RateA Beginner's Guide To Day Trading Online
More information