Trading For Canadians For Dummies

Your Canadian guide to trading success regardless of the market! Want to make smarter trading decisions? This strategy-packed, no-nonsense guide presents a proven system for analyzing stocks, trends, and indicators and setting a buy-and-sell range beforehand to decrease your risk in both up and down markets. You'll discover the benefits of position trading, conduct technical analysis, and research your entry and exit points before you even trade. Build your trading toolbox - know the markets and exchanges, find an investment adviser, set up your trading account, and determine your computer/Internet needs Explore position trading - discover the benefit of executing trades in and out of positions and holding positions for various lengths of time, depending on trends Find value in fundamental analysis - observe market behaviour, understand economic indicators, find critical information in financial statements, and make the most of analysts Take on technical analysis - build and read charts, identify trends, recognize bull and bear patterns, and differentiate between stocks that are range bound and ones that are trending Develop strategies for buying and selling - know your risks, gather key info through analysis to build your optimum trading strategy, and develop your own powerful trading system Jump into the deep end - from swing and day trading to derivatives and foreign currency, get the basics of these riskier forms of trading Open the book and find: The ins and outs of trading stocks Fresh ways to analyze trends and indicators Real-world examples Position trading tips and techniques Step-by-step instructions for building and reading charts Key money management techniques Warnings about frauds and scams Canadian resources Huge trading mistakes to avoid at all costs Learn to: Trade stocks in any type of market Analyze trends and indicators Minimize risk and maximize return Conduct fundamental and technical analysis