Table of Contents
Part 1 The Active Trading Game 1
1 What Is Active Trading? 3
2 Characteristics of the Active Trader 15
3 Short-Term Trading: Day and Momentum Trading 25
4 Swinging Trades 35
5 Position and Trend Trading 47
Part 2 Markets and Products for Active Trading 57
6 Today's Stock Markets 59
7 What Active Traders Trade 73
8 The Scoop on Stocks and Other Equities 85
9 Trading Futures and Currency 97
Part 3 Active Trading Tools 113
10 Information Power 115
11 Stockbrokers and Advisers 127
12 Direct Access Trading 139
13 Market Orders You Must Know 151
14 Using Level II Screens 163
15 Using Technical Analysis 175
16 Charts and Indicators 185
Part 4 Strategies for Active Traders 201
17 Short-Term Trading Strategies, Part 1: Day Trading 203
18 Short-Term Trading Strategies, Part 2: Momentum Trading 215
19 Swing Trading Strategies 227
20 Position Trading Strategies 237
Part 5 What It Takes to Be an Active Trader 247
21 Tax and Legal Issues 249
22 Tools of the Trade 259
23 Money and Time Management 273
24 Is Active Trading Right for You? 285
Appendixes
A Resources 297
B Glossary 303
Index 309