Day Trading For Dummies explains the ins and outs of day trading—both online and through a brokerage house—and helps you determine if this quick-action, trading-for-income opportunity is right for you. You’ll discover how day trading works, what the pitfalls are, and what some of the alternatives are for your portfolio and for your career. This simple, straightforward guide presents a step-by-step plan of action for getting started, giving you the tools and strategies you need to:

• Understand a “day in the life” of a day trader
• Know the personality traits of a successful day trader
• Learn about and sign up for asset classes
• Weigh your risk tolerance
• Plan and research your trades
• Navigate the short-term markets
• Raise capital and protect your principal investments
• Comply with regulatory issues
• Subscribe to research services
• Use technical and fundamental analysis
• Set up your home office to improve response times
• Know when to hold onto a trade and when to exit
• Use day trading to expand your investment options