How to get start day trading futures, options, and indicies By opening this book, you’ve just taken the first step toward being one of the winners. Why? Not because we are promising to reveal the secrets of success (although we do hope to point you in the right direction), but because you have shown that you know it is necessary to study and prepare yourself for the challenges ahead.
Category: Options
Author: Jeffrey Owen Katz, Ph.D.
Donna L. McCormick
Language: English
Download link: At the end of the post
Introduction
You’ve heard of people making fortunes day trading. Some of them had never placed a trade before in their lives. But they had computers, signed up with online brokers, and quit their jobs a few weeks later. Sounds better than exciting and, if they can do it, why can’t you? However, you’ve also heard of day traders (as well as futures and options traders on any time frame) losing everything in their brokerage accounts and more. Some hit a key one too many times and an order goes in to buy 500 shares rather than 50. Others get caught up in the compulsion to beat what can often seem like an online video game with a trading theme. Fear tempers your initial excitement. You know there’s a chance to make some serious money, but you don’t want to jeopardize all that you’ve worked so hard to save.
By opening this book, you’ve just taken the first step toward being one of the winners. Why? Not because we are promising to reveal the secrets of success (although we do hope to point you in the right direction), but because you have shown that you know it is necessary to study and prepare yourself for the challenges ahead. As with any other
form of trading, day trading requires knowledge of the markets and trading strategies, as well as discipline to control your emotions, stick with what you know, and keep within your monetary limits. Many of the catastrophes people have heard about in day trading are due to minor, easily correctable mistakes. We will help you to understand, recognize, and avoid these mistakes. While you will hopefully have fun (and make money) as a trader, you will learn to channel your enthusiasm wisely. For example, if you feel compelled to place a trade, but you are not finding one you have confidence in, then play a simulated trading game, which won’t deplete your account.
Another reason you have just taken a step in the right direction by opening this book is because it is on futures and options. Contrary to what many believe, using futures contracts or options is not the riskiest thing a trader can do.
Such instruments can make it possible for you to increase the profit potential of your trades and they can buffer you
on the downside so losses are minimized. We will show you how this is possible, provide you with a full understanding of futures and options, and teach you how to use these instruments correctly to achieve your goals.
Contents- How to get start day trading futures options and indicies
Preface
Introduction
Chapter 1 Futures and Options As Day Trading Instruments
Chapter 2 Hardware and Software
Chapter 3 Getting Connected
Chapter 4 Mechanics of Day Trading
Chapter 5 Fundamentals of Day Trading
Chapter 6 Profit-Grabbing Strategies
Chapter 7 Day Trading in Action
Chapter 8 Trading Index Options and Futures
Chapter 9 Advanced Trading Techniques
References and Suggested Reading
Download ebook How to get start day trading futures options and indicies
Read more Options ebook:
- The 25 point discipline for day trading
- Mental fitness for traders PDF
- Basic Candlestick patterns PDF
- High Probability trading opportunities using Moving Average
- Fixed ratio money management PDF