A Beginner's Guide to Short Term Trading: Maximize Your Profits in 3 Days to 3 Weeks

This is a really excellent book. I rarely find a book on a particular subject that can't be beaten, but I doubt whether any book on the subject could be much better. This certainly beats the pants off the Trading For Dummies book that I also have in my possession and have read.You'll find that a lot of books of this kind contain a few useful ideas and then a lot of filler, but this isn't one of them. The chapters are well organized and every one of them is packed with relevant information and useful practical tips that anyone who wants to understand investing and short term trading will want to know. It also contains step by step instructions on when to buy and when to sell, what kind of profit to aim for, how to avoid losses, what proportion of your capital to invest, and a great deal more. There is a decent glossary, and a comprehensive index.Ms. Turner writes clearly, and although I find that occasionally her style is a little whimsical in an attempt to be entertaining, and reveals a kind of California hippy-dippy mentality this is only a very small minus. On the plus side, she is very good at explaining things that might seem very complex and technical in a very straight forward, albeit simplified way. I suspect she also has an excellent editor.I would like a little more explanation as to the actual mechanics of WHY resistance and support occur. Her analogy of a ball bouncing between a floor and a ceiling in a house, then penetrating a hole in the ceiling and going up to the next floor is OK as far as it goes, but simplifies a bit too much. If we stick with that analogy, one would like to know some possible reasons why holes appear in ceilings and floors.The example she includes from her own experience of trading in and out of Juniper networks during its course up from $20 to $240 and back down again is an excellent example of investor discipline as she makes several trades, each of which profits thousands of dollars, yet maintains trading discipline at all times when it would have been tempting to just let the stock run and run in the hope of making millions.For the basic investor who is perhaps disappointed with returns in a deferred compensation plan and wants to manage their finances more actively, this book is a lot of help. For example if one wanted to move from a cash position to fully invested in stocks for part of the year, she would gives you the tools you need to figure out the best way of timing that decision and hedging so that you have a chance to invest when the indexes are on a pullback or correction. Over the course of a few years, this could save you a fortune.Often the simplest ideas are useful for the newbie investor. For example not leaving a purchase order overnight, because a stock gapping up or down at the open may leave your plan in tatters. Or not buying after two or three successive up days.This probably isn't the only book you will ever need, but if it is your first one, it will put you on a very sound footing. Highly recommended.

Very good for amateur

Well written well thought out treatment of the subject. A worthwhile publication to have in the library for the serious share trader.

from the information to the wonderful finance/life balance Toni brings in this book of hers. 10/10 would recommend for any trader.

I bought this book back in 2009 when I was first trading. It was, and still is to me, a very good introductory book on stocks and the markets. Turner goes through what the markets are, and how stock operate. She also introduces the idea of trading within a clearly defined system - which is a must throughout one's trading career. Though a little hokey, she is a very good motivator, which is super-important in entry level trading, as most of us don't know what the heck we're doing at the beginning! I'd definitely recommend this book, as well as William O'Neil's "How to Make Money in Stocks" for anyone dipping their toes into stock trading for the first time. Also, don't be mislead by the title - I don't think you'd make profit in three days or three weeks, unless the market is moving in your direction. You could easily lose money in 3 days or weeks!

I purchased two books from this author so far and read about 1/3 of each. I'm not saying they don't have useful information, and I will finish them some day. It's just that her books seem to assume the reader is at a certain level of understanding that a beginner may not be at yet.It threw a lot of jargon at you all at once and I found it a difficult read that lost my interest.Can't say I would recommend it to a friend. There are better choices out there.

Loved this book so much that I bought another one of the author's books in paperback format. Lots of great advice, heart and soul and she speaks from experience. In my opinion, a must read for anyone looking to get into trading. Has basics as well as hurdles that you're going to have to overcome. Tells it like it is with a realistic outlook on trading and what it's going to take to become successful as a trader. Read anything and everything by Toni Turner. So far, she is the only author that has written anything worth reading when it comes to trading... and I've left bad reviews for those authors who are churning out garbage... but I absolutely recommend that you pick up this book as well as The Beginner's Guide To Day Trading Online.

Where do I even begin!? As a new trader, this book was priceless. I read William O’Neil’s book first “How to Make Money in Stocks” which introduced me to IBD. Then without knowing, Toni brings up IBD in multiple topics so everything just aligned perfectly. Toni breaks down the fundamentals of trading in a way that makes it incredibly easy to understand. The opening to every chapter was quite enlightening as well. Really helps you put “things” into perspective. The journey begins.....and I can’t wait to see where is leads

I learn a lot with this book. Highly recommended for beginners, so as I. For a technical analysis introduction, It fullfill his purpose with excelente.

Good book for short-term or swing trading. This focuses more on 2 days to 1 week style of short-term trading and not so much on day trading. The book contains a lot of good information but if you are an absolute beginner I think you should start with something simpler. The author does a good job of giving a lot of examples and a sort of introspective view at the end of each chapter that might be helpful for some. While I thought the book was a bit "dense" for the quantity of information it provides, it is nonetheless a good book on the subject and I do not regret having read it and learnt from it.

This is the best book to start swing trading. Read it, trade and then read again. This is enough to be a profitable trader. People might suggest that this is for beginners but what I have understood in all these years is that you advance from beginner to intermediate and then finally to an advanced trader but improving you skills and not by reading books on advanced methods. Keep it simple as they say in trading. This book will help one to start understanding the structure of market and how to trade them. Simple strategies. I love this book. You will too. Good luck.

Really well thought out book. As the title says "A beginner's guide to short term trading" its just that a beginners guide. Aside from the tips and tricks that is shown in this book it also goes one step further and dives into the psychology of trading. I also really like how the author explains the trading cycle from start to finish in a very concise manner, nicely done. Overall I would recommend this book to anyone that's looking for a "beginners guide" for trading. Its also very easy to read and understand the concepts that this this book is trying to convey.

I bought this book just before Christmas and used the seasonal break to read it through. I've never done any trading before and I thought the book dealt gently with a beginner like me, whilst pushing the subject hard enough to get me to really think about what I was reading. The quiz at the end of each chapter definitely focuses the mind.One small point for others purchasing this book: I bought it to read on my Kindle, but found the graphs were almost too small to read on the Kindle. I'm going to try reading it through the Kindle Reader on my PC to see if that allows me to expand the graphs to a readable size. Maybe the graphs are bigger in the hard copy version?All in all a definite five stars!