Day Trading Strategies, Andrew Elder
Day Trading Strategies, Andrew Elder
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Day Trading Strategies

Author: Andrew Elder

Narrator: Alexander Aziz

Unabridged: 5 hr 20 min

Format: Digital Audiobook Download

Published: 10/14/2022


Synopsis

What exactly is Day Trading?Who participates in the process?Can and should you be involved in earning by investing money and creating a continuous income?Day Trading is purchasing and selling a security within a trading day. This can happen in any market, but it is more common in the foreign market (Forex) and the stock market.In general, daily traders are well-educated and well-funded. They use high amounts of leverage and short-term trading strategies to take advantage of small price changes in highly liquid stocks or currencies.Daily Traders serve two critical functions: they keep markets efficiently through arbitrage and provide much of the markets' liquidity (especially in the stock market).With this guide, you will plan step by step your path to achieving a winning trading strategy.Whatever your trading method, you will need a strategy; whoever decides to invest their money, regardless of the time horizon, cannot do without a strategy that works: why? Because a trading strategy will allow you to avoid the emotionality, temptations, euphoria of successes, and the despair of failures.In this guide, you will discover:• How To Manage Risk In Day Trading To Stop Loss And Take Profit to help you cut down losses, protect your account from losing all your money, and stay in the game.• Real and Applicable Techniques: Earn and Become Independent with Trading to give you the financial freedom you want, minimizing risks and maximizing profits.• How To Improve Your Mindset For Trading; not all traders can be rational. If you want to invest in Trading and become a great trader, you must learn to be one; getting the right mindset is crucial to address Trading's emotionality positively.• The Best Technical Analysis to Understand Where and When Trading; too many indicators provide redundant and unnecessary information that makes them lose sight of the situation; the best rule is, keep it simple.

Reviews

Goodreads review by Jennifer on January 22, 2021

Informative guide to day trading This book really looks in depth in what it takes to become a day trader. Importantly up front the author looks at what traits are necessary for a person to have in order to begin day trading. I liked that the author really laid this out toward the beginning of the boo......more

Goodreads review by Albana on April 24, 2021

A must to read for everyone interested in trading It's become my hobby; one of the reason is my bachelor degree; I found this book impressive; it's well explained the trading world with a simple situation; I will highly recommend to everyone interested in trading;......more

Goodreads review by Barbara on January 22, 2021

Good information This book has some good information about how to Choose the Scope of the Company and how to Establish a Stop-Loss Level.......more

Goodreads review by Nicole on January 29, 2021

Good book You will like to test your knowledge against this Book and then put it to use. Use what you learn, brush up then trade! Recommend!......more

Goodreads review by Catie on January 10, 2021

Detailed Good beginner’s guide to day trading and what it is. I found the sections on how to win and avoid losing particularly helpful.......more