How to Day Trade for a Living: A Beginner Guide on Important Day Trading Strategies
Many aspire to it but few succeed. An amateur looks at a stock quote screen and sees millions of dollars sparkle in front of his face. He reaches for the money and loses. He reaches again and loses more. Traders lose because the game is hard, or out of ignorance, or from lack of discipline. If any of these ail you, I wrote this book for you.
In this book, I explain the fundamentals of day trading, how day trading is different from other styles of trading and investment, and important trading strategies that many traders are using every day. I'd like to keep the book short so you actually finish reading it and don't get bored in 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 you can develop your strategy. Reading this book only will not make you a profitable trader. Profit in trading does not come with reading a book or two but it comes with practice, the right tools and software, and proper ongoing education, as I will explain later.
Intermediate traders may benefit from this book in that I have a good overview of some of the classic strategies that the majority of the retail traders are using and still work great. If you think you are not 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:
- ABCD Pattern Trading
- Bull Flag Momentum Trading
- Top and Bottom Reversal Trading
- Moving Average Trend Trading
- VWAP Trading
- Support and Resistance Trading
- Other Trading Strategies
- How to find the stock for trade
- What indicators I am using
- When I enter the trade
- When I exit the trade (profit)
- What is my stop loss
Click "Buy" and enjoy learning about trading.
- Amazon Sales Rank: #118082 in Books
- Published on: 2016-07-28
- Original language: English
- Dimensions: 9.00" h x .23" w x 6.00" l,
- Binding: Paperback
- 98 pages
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