Extreme Investor

Too many people think they can immediately jump into the ""Internet investment world"" and make millions. On the contrary, argues Rodman, a day trader and freelance writer, investors willing to take real risks must meet specific criteria. Aside from being financially secure enough to withstand the downside of day trading, they must be willing to study, learn and master certain key techniques. After showing readers how to assess their finances, Rodman presents various trading strategies (""trade with the trend"" in a particular sector; ""work from a precise plan of action"") as well as a rundown of common mistakes (""not having a predefined exit strategy""). He also shares insightful interviews with professional day traders, as well as sidebars that clarify financial terms or guide readers to additional resources. However, while Rodman's information is solid, his presentation misses the mark: with giant headlines and a busy design, the book looks like a cluttered Gen-X primer. And while the title is catchy, it's hyperbolic; day trading is risky but hardly extreme. Still, given the speculative nature of the field, any book that mixes trading techniques with ample cautionary advice makes for worthwhile reading. Agent, Karen Watts of Lark Productions. (Oct.)