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Record Nr. |
UNINA9911019406903321 |
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Autore |
Schmitt Richard <1956-> |
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Titolo |
401(k) day trading : the art of cashing in on a shaky market in minutes a day / / Richard Schmitt |
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Pubbl/distr/stampa |
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Hoboken, N.J., : Wiley, 2011 |
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ISBN |
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9786613258007 |
9781119202684 |
111920268X |
9781283258005 |
1283258005 |
9781118128213 |
1118128214 |
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Edizione |
[1st edition] |
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Descrizione fisica |
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1 online resource (318 p.) |
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Collana |
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Classificazione |
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Disciplina |
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Soggetti |
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401(k) plans - Management |
Retirement income - United States - Planning |
Day trading (Securities) - United States |
Portfolio management - United States |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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pt. 1. Introduction -- pt. 2. Environment -- pt. 3. Rationale -- pt. 4. Process. |
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Sommario/riassunto |
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"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. |
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