401(k) day trading the art of cashing in on a shaky market in minutes a day
(eBook)

Book Cover
Average Rating
Contributors
Published
Hoboken, N.J. : Wiley, 2011.
Physical Desc
xv, 298 pages : ill.
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Format
eBook
Language
English

Notes

General Note
"A Frommer book."
Bibliography
Includes bibliographical references and index.
Description
"401(k) Day Trading takes readers on a journey through the environment, rationale, and process for day trading a retirement portfolio in minutes a day. The day trading strategy puts a new wrapper on an old package. Its approach to buying low and selling high through daily fund exchanges draws on all but one of the fundamental principles of investment management - investing for the long term was overrated anyway - to exploit daily market volatility. Too simple to be called an algorithm, day trading uses basic arithmetic to set up and capture stock market gains in a wobbly market from once-a-day fund exchanges within the unique framework of retirement savings plans where trades do not trigger immediate taxes or direct trading costs. Whereas stock investors got whipsawed to a 21 percent loss over the last decade, a 401(k) day trader could have made money in his or her retirement savings portfolio during this period. The books explains how. Punch-drunk 401(k) investors know they need help, and now. With over 50 million 401(k) accountholders and millions more looking for fresh insights on managing their retirement savings accounts, what better way can you imagine for them to begin 2011 than to get hold of a book offering a strategy to close in on their retirement dreams?"--,Provided by publisher.
Reproduction
Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.

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Citations

APA Citation, 7th Edition (style guide)

Schmitt, R. (2011). 401(k) day trading: the art of cashing in on a shaky market in minutes a day . Wiley.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Schmitt, Richard, 1956-. 2011. 401(k) Day Trading: The Art of Cashing in On a Shaky Market in Minutes a Day. Wiley.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Schmitt, Richard, 1956-. 401(k) Day Trading: The Art of Cashing in On a Shaky Market in Minutes a Day Wiley, 2011.

MLA Citation, 9th Edition (style guide)

Schmitt, Richard. 401(k) Day Trading: The Art of Cashing in On a Shaky Market in Minutes a Day Wiley, 2011.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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Grouped Work ID
6e890c8f-9e7c-4b55-23a4-af79a744a3cf-eng
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Grouped Work ID6e890c8f-9e7c-4b55-23a4-af79a744a3cf-eng
Full title401 k day trading the art of cashing in on a shaky market in minutes a day
Authorschmitt richard
Grouping Categorybook
Last Update2022-06-07 21:23:19PM
Last Indexed2024-06-22 03:38:05AM

Book Cover Information

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Last UsedMar 4, 2024

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First DetectedAug 09, 2021 12:14:23 PM
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300 |a xv, 298 p. :|b ill.
4901 |a Wiley trading series
500 |a "A Frommer book."
504 |a Includes bibliographical references and index.
5050 |a pt. 1. Introduction -- pt. 2. Environment -- pt. 3. Rationale -- pt. 4. Process.
520 |a "401(k) Day Trading takes readers on a journey through the environment, rationale, and process for day trading a retirement portfolio in minutes a day. The day trading strategy puts a new wrapper on an old package. Its approach to buying low and selling high through daily fund exchanges draws on all but one of the fundamental principles of investment management - investing for the long term was overrated anyway - to exploit daily market volatility. Too simple to be called an algorithm, day trading uses basic arithmetic to set up and capture stock market gains in a wobbly market from once-a-day fund exchanges within the unique framework of retirement savings plans where trades do not trigger immediate taxes or direct trading costs. Whereas stock investors got whipsawed to a 21 percent loss over the last decade, a 401(k) day trader could have made money in his or her retirement savings portfolio during this period. The books explains how. Punch-drunk 401(k) investors know they need help, and now. With over 50 million 401(k) accountholders and millions more looking for fresh insights on managing their retirement savings accounts, what better way can you imagine for them to begin 2011 than to get hold of a book offering a strategy to close in on their retirement dreams?"--|c Provided by publisher.
533 |a Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.
650 0|a 401(k) plans|x Management.
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650 0|a Day trading (Securities)|z United States.
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945 |a E-Book