Trading online, Engl. ed.: A Step-by-step Guide to Cyber-profits
It"s cheaper to deal online. And a growing number of market players are accepting the fact. But for many the Internet remains a mystery. This book helps unravel the mystique. To begin with it discusses what is needed to start out in Net dealing, describing not only the gear you need, but also looking at service providers, browsers and the like. Then it"s into the action, with Patel advocating three main advantages of not being a trading Goliath--the ability to sit tight with no-one looking over your shoulder, the control you have over decision making: "You are the trigger man. it all depends on you and you alone", and the assertion that the greater availability of information puts the private investor almost on a par with the professional. Product choice is also of key importance and advice is given on the questions to ask and where to find the best type of data for your chosen type of trading. In a no-nonsense easy-to-read style Patel takes you through the complexities of business analysis and trading strategy and the essential skeleton plans and action plans--"the unspoken aspect behind successful and professional trading." There"s a wealth of material, too, on Web sites which will be useful to the investor, and at what is offered by on-line brokers. And there"s useful information on further reading as well as options analysis software. A book for the beginner as well as the more experienced online trader. In itself a worthwhile investment.