Day Trading on the Edge: A Look-before-You-Leap Guide to Extreme Investing

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9780814405734: Day Trading on the Edge: A Look-before-You-Leap Guide to Extreme Investing
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This text supplies potential day traders with an idea of what day trading is all about. It includes an assessment of risks and rewards, the basic principles of day trading, guidelines for getting a business up and running, equipment needed for trading at home, and guidelines for selecting firms.

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About the Author:

About the Author

Leslie N. Masonson (Monroe, NY) is president of Cash Management Resources, a cash management consulting firm. He has over 35 years of investing experience in all types of investment vehicles, and uses technical analysis to day trade the equities markets from home. Mr. Masonson has a BBA in Finance and Investments from the City College of New York and an MBA in Operations Research from The Bernard M. Baruch College. He is also a Certified Cash Manager.

From Booklist:

The notion of day trading for beginners may be something of an oxymoron because, as Masonson emphasizes, day trading should be considered only by experienced investors who are willing to assume a great deal of risk. Masonson is a consultant specializing in cash management and the author of Cash, Cash, Cash: The Three Principles of Business Survival and Success (1990). He is also a successful day trader. Unlike others who have touted the get-rich-quick possibilities of day trading, Masonson fills his advice with caveats. For those determined to take the plunge, he lays out the basic principles and key rules of day trading. He also spells out the advantages and disadvantages of using a day trading firm versus trading from home. He details the attributes of successful traders using a survey of 200 persons and includes interviews with 11 traders and 6 trading firm CEOs. In addition, seven "pro's" have contributed chapters to this straightforward guide. David Rouse
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Leslie N. Masonson
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