Day Trading For Dummies®, 2nd Edition -- Contents at a Glance -- Table of Contents -- Introduction -- About This Book -- Conventions Used in This Book -- Foolish Assumptions -- How This Book Is Organized -- Icons Used in This Book -- Where to Go from Here -- Part I: Day Trading Fundamentals -- Chapter 1: Getting Started in Day Trading -- It's All in a Day's Work: Defining Day Trading -- Committing to Trading as a Business -- Key Principles of the Successful Day Trader -- Personality Traits of Successful Day Traders -- What Day Trading Is Not -- Looking at Day Trading Success Rates -- Chapter 2: Planning to Succeed as a Day Trader -- Planning Your Trading Business -- Planning Your Trades -- Closing Out Your Position -- Maxims and Clichés that Guide and Mislead Traders -- A Day in the Life of a Trader -- Chapter 3: Deciding What Assets to Trade and How to Trade Them -- What Makes a Good Day Trading Asset -- Securities and How They Trade -- Currency, the Big Kahuna -- Commodities and How They Trade -- Derivatives and How They Trade -- Chapter 4: Comparing Trading to Investing and Gambling -- Understanding Risk and Return -- Differentiating Trading, Investing, and Gambling -- Managing the Risks of Day Trading -- Chapter 5: Regulation and the Modern Trader -- A Short History of What Led to Today's Rules and Regulations -- Reviewing the Regulators -- Working with Brokers' Rules -- Watching Out for Insider Trading -- Rule Changes in Crisis Conditions -- Taking in Partners -- Part II: Day Trading Strategies -- Chapter 6: Technical Analysis 101 -- Research Techniques Used in Day Trading -- Using Technical Analysis -- Reading the Charts -- Different Approaches to Technical Analysis -- Pitfalls of Technical Analysis -- Chapter 7: Market Indicators and Day Trading Strategies -- Psyching Out the Markets -- Measuring the Mood of the Market.

Measuring Money Flows -- Information Cropping Up During the Trading Day -- Anomalies and Traps -- Some Standard Strategies -- Chapter 8: Increasing Risk and Potential Return with Short Selling and Leverage -- The Magic of Margin -- Short Selling -- Lots to Discover about Leverage -- Borrowing in Your Trading Business -- Assessing Risks and Returns from Short Selling and Leverage -- Chapter 9: Looking for Easy Profits: Navigating the Tricky World of Arbitrage -- Arbitrage and the Law of One Price -- Scalping for Profits -- Those Pesky Transaction Costs -- Risk Arbitrage and Its Tools -- Arbitrage Strategies for Day Traders -- Chapter 10: Day Trading for Investors -- What Investors Can Learn From Traders -- Applying Momentum -- When an Investor Considers Trading -- Part III: Opening Your Trading Shop -- Chapter 11: Setting Up Your Accounts and Office -- Choosing a Brokerage -- Brokers for Day Traders -- Equipping Your Trading Laboratory -- Taking a Trip to a Trading Arcade -- Chapter 12: Researching Research Services -- The Trade of Trading -- Getting the Research You Need -- Doing Your Due Diligence -- Chapter 13: Stress Management in the Trading Day -- Heeding Tales of Those Who Failed -- Controlling Your Emotions -- Managing Stress with your Trading Plan -- The Follies of Chat Rooms -- Chapter 14: Managing Your Money and Positions -- Day Trading Earnings Expectations -- The Advantages of Having a Money Management Plan -- Money Management Styles -- How Money Management Affects Your Return -- Planning for Your Profits -- Chapter 15: Taxes for Traders -- Getting the Lay of the Land: What You Need to Know Based on What You Trade -- Hiring a Tax Adviser -- Doing Your Taxes Yourself -- Income Categories You Need to Know -- Tracking Your Investment Expenses -- Top Secret Tax Information for IRS-Qualified Traders Only.

Other Important Tax Info: Forms and Deadlines -- Using Self-Directed IRAs -- Chapter 16: But Did You Make Money? Testing, Tracking, and Evaluating Performance -- Before You Trade: Testing Your System -- During the Day: Tracking Your Trades -- After You Trade: Calculating Overall Performance -- Part IV: The Part of Tens -- Chapter 17: Ten Good Reasons to Day Trade -- You Love Being Independent -- You Want to Work Anywhere You Like -- You're Comfortable with Technology -- You Want to Eat What You Kill -- You Love the Markets -- You Have Investing Experience -- You've Studied Trading Systems and Know What Works for You -- You Are Decisive and Persistent -- You Can Afford to Lose Money -- You Have a Support System -- Chapter 18: Ten or So Good Reasons to Avoid Day Trading -- You Want to Learn Investing by Day Trading -- You Love Fundamental Research -- You're Short on Time and Capital -- You Like Working as Part of a Group -- You Can't Be Bothered with the Details of Running a Business -- You Crave Excitement -- You're Impulsive -- You Love Going to the Casino -- You Have Trouble Setting Boundaries -- You Want to Get Rich Quick -- The Guy on the Infomercial Said It Would Work -- Chapter 19: Ten Common Day Trading Mistakes -- Starting with Unrealistic Expectations -- Starting without a Business and Trading Plan -- Ignoring Cash Management -- Failing to Manage Risk -- Not Committing the Time and Money to Do It Right -- Chasing the Herd -- Switching between Research Systems -- Overtrading -- Sticking Too Long with Losing Trades -- Getting Too Emotionally Involved -- Chapter 20: Ten Alternatives to Day Trading -- Proprietary Trading for an Investment Company or Hedge Fund -- Trading for an Agricultural, Energy, or Commodities Company -- Joining an Exchange -- Traditional Investing for Your Own Account -- Joining an Investment Club.

Taking a Swing at Swing Trading -- Gambling for the Fun of It -- Play Day Trading Video Games -- Trade in Demo Accounts -- Sign Up for a Trading Contest -- Appendix: Resources for Day Traders -- Great Books for Great Trading -- Organizations for Day Traders -- The Trader's Internet -- Other Mainstream Media -- Index.