How to Day Trade for a Living: A Beginner’s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology - Andrew Aziz
Author: Andrew Aziz
Brand: Createspace Independent Publishing Platform
Edition: 3
Features:
- How to Day Trade for a Living A Beginner s Guide to Trading Tools and Tactics Money Management Discipline and Trading Psychology
Binding: Paperback
Number Of Pages: 382
Release Date: 28-07-2016
Details: Product Description In the book, I describe the fundamentals of day trading, explain how day trading is different from other styles of trading and investment, and elaborate on important trading strategies that many traders use every day. I've kept the book short so you can actually finish reading it and not get bored by the middle. For beginner traders, this book gives you an understanding of where to start, how to start, what to expect from day trading, and how to develop your strategy. Simply reading this book, however, will not make you a profitable trader. Profit in trading does not come with reading a book or two or browsing online. It comes with practice, the right tools and software and appropriate ongoing education. Intermediate traders may benefit from the book's extensive overview of some of the classic strategies that the majority of retail traders regularly use with proven success. If you think you are beyond the stage of a novice trader, then you may want to jump ahead and start reading from Chapter 7 for an overview of the most important day trading strategies: Day trading is not gambling or a hobby. You must approach trading very, very seriously. As such, I wake up early, go for a run, take a shower, get dressed, eat breakfast, and fire up my trading station before the markets open in New York. I am awake. I am alert. I am motivated when I sit down and start working on the list of stocks I will watch that day. This morning routine has tremendously helped my mental preparation for coming into the market. Whatever your routine is, starting the morning in a similar fashion will pay invaluable dividends. ABCD Pattern Trading Bull Flag Momentum Trading Top Reversal Trading Bottom Reversal Trading Moving Average Trend Trading VWAP Trading Support and Resistance Trading For each strategy, I explain: How to find the Stock in Play for trade What indicators I am using on my charts When I enter the trade When I exit the trade (profit taking) What is my stop loss Day trading is not gambling. It's not an online poker game. To be successful at day trading you need the right tools and you need to be motivated, to work hard, and to persevere. That's How to Day Trade for a Living. Review " This is one of the best day trading books I have read. The author outlines the day trading process with real trade examples. This is a must read if you are beginning to explore day trading. " - Manual L. at Vancouver-Traders.com " Questions I had about my past mistakes and how to become a more profitable trader were right there in Andrew's book. Whether you're an experienced day trader or just want to start day trading, Andrew has the strategies to help you improve your profitability and reduce your risk. If you just wanted to get started in day trading, following Andrew's guidelines gets you stated on the right foot. His comprehensive coverage of How to Day Trade, Risk Management, finding the right stocks to trade, the best trading brokers and software are all there. Most importantly the right strategies you should use to get in and out of your trades are discussed in detail. His book has help me become more confident and profitable in my current trades. There are a lot of other books on day trading that just give you basic philosophy and market theory. I highly recommend How To Trade For A Living." - Thomas K. at Vancouver-Traders.com From the Author Day trading is not gambling. It's not an online poker game. To be successful at day trading you need the right tools and you need to be motivated, to work hard, and to persevere. At the beginning of my trading career, a pharmaceutical company announced some positive results for one of its drugs and its stock jumped from $1 to over $55 in just two days. Two days! I was a beginner at the time. I was the amateur. I purchased 1,000 shares at $4 and sold them at over $10. On my very first beginner trade, I made $6,000 in a matter of minutes. Top selling books for day trading, stock market, financial freedom, investing, entrepreneurship, trading psychology, stocks, trading.
Package Dimensions: 9.0 x 6.0 x 0.9 inches
Languages: English
Amazon Best Sellers Rank: #457 in Books (See Top 100 in Books)
