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The bestselling stock-investing guide -- revised and updated to improve your performance in today's world of long-term investing and short-term tradingThere's never been a better time to get into stocks. New technologies provide tools and equipment for novices that previous generations of investors and traders didn't even dream of.The go-to guide for beginners, Understanding Stocks, provides everything you need to start out strong. From opening an account to evaluating stocks to making trades, it covers all the fundamentals -- market language, players, rules, strategies, and environment -- and helps you build a solid portfolio by developing the right balance between risk and reward. This updated third edition includes brand-new chapters on:Risk managementIdentifying winning stocksTesting your trading strategyBitcoin and alternative investmentsWays to read the market quickly and accuratelyTechnical and fundamental analysisShort-term trading and long-term investingIn addition, this comprehensive resource brings you fully up to date on pattern day trading rules and zero commissions; strategies for both bull and bear markets; the influence of computer algorithms; and preparing for the market open.