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Book Description: Toni Turner, one of the few women with a high profile in the day-trading world, has written a book for investors who want to squeeze profits from an uncertain and fickle market. Short Term Trading for the New Stock Market covers: *What the new stock market looks like *How to lower risks and increase gains *How to formulate your own trading business plan *How to analyze and identify market cycles *Key Charting fundamentals *Approaches to active momentum and day trading *Swing Trading, Position Trading and Selling short
Excellent trading book: I just finished reading Toni's newest book, Short-Term Trading in the New Stock Market. I am happy to report that each chapter has given me helpful advice. I have been trading for five years, and even in the initial chapters, which talk to newer traders, I learned useful points and strategies that I had forgotten, or had not previously known. Toni teaches trading with a fast-paced writing style and a sense of humor that I appreciate. I particularly liked her chapters on ETFs: their origins, the benefits of trading and hedging with these funds, and where to find them. (She provides a list of the most actively traded.) Her discussion on market internals, meaning futures, TICK, TRIN, put/call ratio and VIX were very helpful to my day trading strategies. Unlike other trading authors, Toni keeps her ego out of the picture. And, she adds very useful information between chapters on behavioral concept that help keep your trading mindset clear and constructive. All in all, I enjoyed this book very much and have recommended it to my trading friends.
Great book, not just for beginners: I read a lot of trading books and have been trading for quite a while. I am always searching for a better book and new ideas. While this book doesn't have any revelations, it does do a wonderful job of reviewing the basics in an easily digestive manner. The author even has some review questions at the end of each chapter to see if you have a good understanding of the material. I particularly like the way the author discusses her stock picks and tells you what she is looking at and her decision process. It helped me ask some different (and better) questions concerning my stock selection before I entered a trade. There are some intermediate level discussions of indicators but very little on system trading (which I am currently researching). All in all an enjoyable book.
A Worthwhile Addition to Your 'Trading' Library: Toni Turner has written an overall informative and fairly comprehensive guide to investing in the stock market. If you have read a lot of other investment books, you won't find a lot of new material in this book. But, as with most books on trading, there are almost always a couple of little gems hidden in the pages that justify the expense. This book is certainly a good 'primer' for anyone just getting into investing or who wishes to get past just sticking money in their 401K account. It is a good next book past "Investing for Idiots," and a good prerequisite before tackling a book like John Murphy's "Technical Analysis of the Financial Markets." For those more interested in simple, long-term investing, I would recommend a book like Leslie Masonson's "All ABout Market Timing."
Good book ... I would focus on playing the stock rally: Most of the info on stock trading is full of the same thecnical analysis jargon that makes you lose a lot of times. Basically most tehcnical trading books tell you the same story but organized in different chapters using different words and charts as examples. (...) Understanding how to trade a rally is one of the most important aspects of trading, since for us traders it's all about the rally, either for shorting or going long.
Intermediate Newbee Reference: I've just been introduced to the Investools.com course, took their 2 day training, finished their online training, and am still studying the subject. The title of this book described what I was looking for after the above activity and it proves to tie information together, plus provides direction and greater depth. I am a technical writer by trade and based on that, am amazed at the clarity and amount of detail Toni Turner packs into each paragraph. Because of that, this shouldn't be the first book to introduce you to the subject, but it should be among the first books you read. If you are already a successful, experienced trader, I'm not sure of its value unless you are switching from a "buy and hold" mold. My approach to this book is to do a 100% read-through, marking pages of particular interest, then returning to those pages of particular interest, along with other activities on Investools.com (which, itself, seems to be a worthy educational tool).
| Author: | Toni Turner | | Binding: | Hardcover | | Dewey Decimal Number: | 332.6322 | | EAN: | 9780312325695 | | ISBN: | 031232569X | | Number Of Pages: | 320 | | Publication Date: | 2005-07-01 | | Release Date: | 2005-06-23 |
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