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A Beginner's Guide To Day Trading Online

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Title: A Beginner's Guide To Day Trading Online
by Toni Turner
ISBN: 1-58062-272-0
Publisher: Adams Media Corporation
Pub. Date: 01 March, 2000
Format: Paperback
Volumes: 1
List Price(USD): $15.95
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Average Customer Rating: 4.23 (69 reviews)

Customer Reviews

Rating: 5
Summary: Great Beginners Guide
Comment: This book is definitely worth the money if you're looking for an introduction to day trading. Toni Turner gives straightforward practical advice that you can apply to your trades. Her writing style also makes the book well worth the money. She keeps the tone conversational and easy to understand, yet without sacrificing content. One thing I would keep in mind is that day trading requires a significant time investment and is also a risky business. I would recommend her other book, "A Beginners Guide to Short Term Trading" unless you are ready to spend all of your time watching the market - otherwise you will not be disappointed with this purchase.

Rating: 2
Summary: How to lose money fast
Comment: It's been over a year and several trading books since I first read this book. Having reflected on it and compared it to much better books, I can honestly say this book gives a poor introduction into the trading world. It does a good job at introducing trading terms and tools, but these are the least important factors beginning traders should know before they start trading. It fails to convey the overwhelming importance of a trader's psychology and strong discipline. Turner's 'you can do it, it's easy' attitude are sure to lose readers money if followed without other guidance. The patterns explained in this book are generalized, but explained in a way as though it's automatic to make money from them.

If you look to learn about trading so that you can lose money quickly, buy this book and follow its methods. If you want to take the time to learn the art of trading which includes strict discipline and an unemotional mindset, start learning with Dr. Elder's "Come into My Trading Room" or Mark Douglas' "Trading in the Zone". These books will teach you how to be successful before you lose a lot of money. I've also read Alan Farley's "The Master Swing Trader". This is an excellent book for more advanced traders who are willing to take a good amount of time to digest its content. Good Luck.

Rating: 1
Summary: Snake oil, smoke and mirrors
Comment: In the old days, traveling salesmen would sell snake oil to unsuspecting customers lauding the product as a cure-all for everything. Stage magicians at sideshows would fool audiences with smoke and mirrors. This is my impression of Toni Turner's book, A beginner's Guide to Day Trading Online. It is written in a juvenile and almost hysterical manner by which she punctuates every other sentence with an exclaimation mark. Not everything you say, Toni, is a revelation. Duh. I found the book full of smoke and mirrors. She sets up phony examples to bolster her methods for day trading. The parts about reading charts and interpreting data are so skewed and confusing that anyone following her advice will be sure to lose money. The bottom line is that she has been lucky. Her methods for sucessful trading are standard *guideline* methods in day trading circles. She has elevated these rules of thumb to the status of sure-fire fact. I found her book insulting and condescending to her readers. If anything, she has shown people that her own ego is much too inflated to be an objective teacher. Avoid this book and stop her from leading new traders down a path of destruction. One thing for sure, she has found out that snake oil does sell well...

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