If you have ever considered trading stocks or found yourself wondering how much you can make as a day trader stocks, then this book is for you, written in simple language, with easy to understand concepts.This book ia a must have for any serious day trader.
The things you would learn in this book include among many others.
- What day trading is about: Whether you are a new trader or you've traded on longer time frames.In this book, you will learn what day trading is, how it can work for you, why you should choose it, as well help you determine if it's the right fit for you.
- Choosing the right market: While there are number of markets that you can investin, this book helps you narrow down the market that would be the right fit for your trading personality.This book is focused on the stock market, but the strategies given can be adapted to a variety of markets.
- Trading Strategy: Trading is not unlike a game of chess, and to win, you must know more than just how the market works, you must have a strategy to win.This book doesn't just give you a strategy, it helps you build one that works and fits your trading style, strarting from the basics, you learn everything from indicators, to trends and everything that makes up technical analysis.
- Risk Management: Trading the stock market, or any market in general is quite risky, and many a trader loses far more than they can afford to because of poor risk management systems.This book will teach you how to manage and reduce risk as well as limit your exposure in the market.This way, you don't go in too fast too soon.
- Automade and Online Trading: Trading is much easier these day, with technology lowering many of the barriers restricting entrance to the market.You will learn how to leverage on existing technologies to automate your trading, making it more propfitable.
- Trading Psychology: Successful trader have more than just knowledge at their fingertips, they are masters of themselves, especially of their emotions.In this book, you will be taught on how to handle your emotions so as not to compromise your trading portfolio.
What you need to get the best out of this book.
In order to make the most of this book 'Day Trading Stocks', it is recommended that you have a little working knowledge of the stock market, a dash of skill in technical analysis, but most importantly, discipline, determination and a willingness to learn.
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