Rules of The Trade

Like the information that continuously flows onto their computer screens, active day traders want guidebooks to be fast, no-nonsense, and reliable. Rules of the Trade gives traders of all levels the concise, common-sense insights of a day trading pro. Beyond simply listing the rules, however, it goes on to explain what the rules mean, why they are important--and the high costs of overlooking them even once. Packed with real-life examples to illustrate key points, this book--from best-selling author David S. Nassar--details popular axioms that traders often forget in the heat of action. All the basic rules are covered, including: - Only trade stocks you know and trust - Set goals and frequently measure progress - Understand the difference between gambling and trading