A Beginner’s Guide To Day Trading Online 2nd Edition by Toni Turner

Author:Toni Turner [Turner, Toni]
Language: eng
Format: epub
Publisher: Adams Media
Published: 0101-01-01T00:00:00+00:00

Tuesday

Today, pay attention to the way your stock acts in relation to the fluctuations of the Dow Jones Industrial Average and the NASDAQ Composite. Does it mimic them, or wander off on its own like a rebellious teenager? (Most NYSE stocks follow the Dow and S&P 500 Index; NASDAQ stocks reflect the NASDAQ Composite. Naturally, this always happens, except when it doesn’t.)

HOT TIP

Boot camp is the time to paper trade, if you want to try it. Keep a record of your trades, and relish every minute of it. It’s fun making millions of dollars on paper. Remember, though, paper trading is much different from the real thing. I’ve met many paper champions. Paper trading is a tool, not a barometer for success.

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