K. Farrel. Day trade online.

This book was written by a professional trader with more than ten years of experience in financialK. Farrel. Day trade online markets.

Moreover, K. Farrell began his career on a real stock exchange; after working for several years, he decided to engage in independent trading. That is why this textbook will be really useful for both a novice trader and someone who already has some experience on the stock exchange.

The book begins with a short biography of the author, in which he tells how he started on his own via the Internet, creating a home office.

Summary of the main parts of the book:

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1. Internet trading – features of trading at home via the Internet, features of day trading.

Technical techniques and psychological aspects of this work. 2. Baptism of fire - the first steps towards a career as a trader, preparation of transactions.

3. The golden age of Internet trading – dealing centers as intermediaries in transactions in financial markets.

The advantage of working from home. Bid, ask and spread as the main indicators when making transactions. 4. An introductory course in day trading - organization of the working day, commissions that brokerage companies charge for intermediation in the financial market and the importance of their value for the financial result.

5. The main points of trading are the speed of order execution, a description of quotes on the stock market, example transactions and the basic rules of trading.

6. Trader's arsenal - dealing center, opening accounts, signs of a quality brokerage company and independent accounting of transactions. As well as the parameters of the necessary equipment, you will find more recent recommendations in the article “ Computer for Forex ”.

7. Initial capital - the amount of funds necessary for full-fledged work on the stock exchange, the use of leverage to increase trading volumes.

8. Recommendations for practical trading - and what not to do so as not to lose your money.

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