Day trading is not as simple as sitting down, accessing the internet, and staring at your computer screen. It requires enormous efforts that are not even guaranteed to pay off. However, even with this reality check into day trading, you can always set realistic expectations and use the right tools to achieve your goals. This is what the rest of the book is dedicated to.
This book discusses the basics of day trading, the essential information you need as a beginner, the most popular and workable strategies that successful traders have always used, and the daily tips you can leverage for success. It helps you to distinguish between the best platforms and strategies that beginners use from those that suit the veterans. Also, it shows you the cost requirements for each of the commonly used platforms to ensure that the platforms you use fit your budget.
Further, it offers insight on the appropriate amount of risk that you, as a day trader, should take depending on your experience, knowledge, and the platform that you are using. It shows you the best tips and techniques that the most successful traders have used to give you a competitive edge while you engage in day trading. The common mistakes that the average or losing traders commit are explored throughout to help you omit them and prevent you from becoming the 89% of day traders who lose in the game. It also shows you the kind of mentality to avoid while day trading and the one you should embrace for your benefit instead.
Although this is a comprehensive beginner's book, your research and learning journey as a day trader is not over. There are many other resources that you can investigate, I want to see you succeed in your day trading career and, therefore, I hope that you will take the information from this book with you as you begin your journey. Best wishes and happy trading!
For many new traders, it is often very tempting to just dive straight into the market with all your money. My advice is to take everything slowly and focus on learning and absorbing quality information at first. You have to remember that even the most successful traders are still students of the market.
If you are a great trader, you will never be obsessed with trading because you control your own emotions. Never EVER let your guard down to the emotional side of you during trading, because a gentle misstep can and will cause an avalanche.
In this book, you will learn more about:
- What is Day Trading
- The Basics of Day Trading
- Psychology and Mindset
- Tools of the Trade
- Day Trading Strategies
- Secrets for Success
- Create passive income with Day Trading
- Risk Management Techniques
- Buying Options and Forex strategies
- Becoming a Day Trading Entrepreneur
- Money Management
- Stock Management
... AND MORE!!!
