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I initially got this book from my local library, but now that I have read it, I will definitely buy it to have as a great resource. While the tax information is based on the US system, the technical analysis and other information is bang on. I took a very expensive day trading course but this book was a great review and written in such a way that it highlighted things I had forgotten. It was such a good book that it surprised me - I did not have high expectations for a "Dummies" book. I will definitely seek out more books by Ms. Logue.
This book was acomplete waste of my money. It is basted on the USA and their tax system and should not have been sold to Canadians. It repeates itself many many times. There are so many warnings that anyone who understands anything about trading or wish to learn anything after reading this book by Ann C.would conclude that they now know more and more about less & less & now know everything about nothing. Gord Wareham
Ok, it does say it's for dummies but you better be switched on to understand what is written in this. It really is harder than you think. One year later I'm still pretty much breaking even but I'd be swimming in the red if I hadn't read this. Don't think anyone can do this after reading this book, no matter how thoroughly.
"Day Trading for Dummmies" gives the reader a very basic overview of the various stock markets and other financial instruments available for trading. It also discusses various aspects of technical analysis. Very clearly presented and useful information.
The only downside to the book is that the author constantly states that you should "pick a trading strategy and stick to it" but doesn't give any guidance about legitimate strategies. There are a lot of cracked pots who have written books on trading strategies. A book like this, designed for introduction, should give you a little more information about where to go for the next step in your trading education.
I know that there are 'for dummies' books on pretty much every topic. This book is well organized, with well-explained information on a myriad of topics related to investing in general and day trading in particular. It did not gloss over the fact that most day traders end up losing money as it is challenging to guess the swings of the various investment markets. Had substantial number of references for further review if one desires. Writer's style was informal and humerous. Worth reading as overall discussion of investing, although prime focus is on day trading.