(as of May 11,2023 04:15:25 UTC – Details)
Very few careers can offer you the freedom, flexibility and income that active trading does. As a trader, you can live and work anywhere in the world. You can decide when to work and when not to work. You may only answer to yourself. That is the life of a successful day trader; but it is not easy to achieve and very few succeed.
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 TradingBull Flag Momentum TradingTop Reversal TradingBottom Reversal TradingMoving Average Trend TradingVWAP TradingSupport and Resistance Trading
From the Publisher
Andrew Aziz and Bear Bull Traders Flag and Traders on the Trading Floor of the NYSE in 2022
In both 2021 and 2022, Investopedia has commended Andrew Aziz and Bear Bull Traders for providing the “best overall” online day trading course. They have specifically praised Bear Bull Traders for being the only community that retains clinical psychologists and performance coaches on staff in order to assist traders with the very critical psychological side of trading.
Highest quality educational material Worldclass traders and mentors Only program that covers psychology
From PhD in Chemical Engineering to Trading
Trader, Author, Investor
Andrew Aziz is a Canadian trader and official Forbes Business Council member. He has ranked as one of Amazon’s top 100 best-selling authors in the category “Business and Finance” for the past 7 consecutive years. To date, his books on finance have been published worldwide in 13 different languages. In 2016, Andrew Aziz founded Bear Bull Traders, an online community of independent traders that offers an award-winning learning track to help traders build their own successful strategy.
Comprehensively covers all aspects of day trading Recommended by tens of thousands of traders Easy to read and understand Continuously updated
What are the 3 Elements of Success in Day Trading?
1st Pillar: Technology
The first element of success in trading is having the right technology. In How to Day Trade for a Living, Andrew Aziz walks you through the necessary tools and technology required for active trading, including the most suitable platforms, brokers, simulators, and scanners.
2nd Pillar: Strategy
Having the right technology is not enough though. You also need to master at least one sound, well-defined, and tested trading strategy. In How to Day Trade for a Living, Andrew Aziz explains in great detail some of the most proven strategies out there, all amply illustrated with real examples from his own trading.
3rd Pillar: Psychology
Your psychology and mindset for trading is the most important element for success in trading. Traders without the right mindset are no different from gamblers and can face severe losses. How to Day Trade for a Living helps you to get into the right mindset for trading.
Mentorship and Support
Andrew Aziz, the founder of Bear Bull Traders (www.BearBullTraders.com), guides traders from all around the world via his chatroom as well as his weekly educational webinars and mentorship sessions. In addition, Andrew Aziz heads up quarterly training boot camps through his Canadian-based proprietary trading firm, Peak Capital Trading (www.PeakCapitalTrading.com).
ASIN : B012C4AU10
Publication date : July 21, 2015
Language : English
File size : 49843 KB
Simultaneous device usage : Unlimited
Text-to-Speech : Enabled
Enhanced typesetting : Enabled
X-Ray : Enabled
Word Wise : Enabled
Sticky notes : On Kindle Scribe
Print length : 384 pages
Page numbers source ISBN : B08VCJ8KV4