Day Trading: Beat the System and Make Money in Any Market Environment

by Justin Kuepper

All You’ll Ever Need to Trade from Home

When most people hear the term “day trader,” they imagine the stock market floor packed with people yelling ‘Buy’ and ‘Sell’ - or someone who went for broke and ended up just that. These days, investing isn’t just for the brilliant or the desperate—it’s a smart and necessary move to ensure financial wellbeing.

To the newcomer, day trading can be a confusing process: where do you begin, and how can you approach trading in a careful yet effective way? With Day Trading you’ll get the basics, then:

• Learn the Truth About Trading
• Understand The Psychology of Trading
• Master Charting and Pattern-recognition
• Study Trading Options
• Establish Trading Strategies & Money Management

Day Trading will let you make the most out of the free market from the comfort of your own computer.

Genres: Nonfiction, Finance

244 pages, Kindle Edition

First published April 10, 2015

Reviews

[James Frederick · Rating 3 out of 5]

This was a very comprehensive manual on the subject matter. It did a great job of portraying how difficult it is to successfully participate in a system that is largely rigged for the major players. It was ultra complex and somewhat repetitive in some sections and that kept me from rating it higher. I would give it 4 stars for scope and reach and 3 stars for execution.

[Z · Rating 5 out of 5]

1. The formatting was laid out very well. I enjoy non-fictional books that mildly organized like blog posts.

2. The content was on the mark and very helpful.

3. I enjoyed how the first third of the book was dedicated to shifting your mindset to the realities of what day trading really is. It seems easier to lay seeds on a foundation that is prepped well.

[Derek Fox · Rating 4 out of 5]

Good ready for the brand new trader!

This is the perfect book for the potential trader who knows very little about the market, as well as a good reminder for those that need to remember the psychology and risk involved in day trading. Not a lot of meet for anyone seeking definitive information on indicators or strategy.

[Mario Russo · Rating 4 out of 5]

Good but lots of common sense you'd already knew if you read other trader's books.

[Kalman · Rating 2 out of 5]

Won't make you money, but likely will lose you money. I am a successful day trader. I don't do the things that I have read in these books.

[Cameron · Rating 1 out of 5]

NOPE

[Richard Shank · Rating 3 out of 5]

Easy to read. High-level I troduction to concepts sith a few tips to get started and spring board. Fine.

[Scott Carpenter · Rating 4 out of 5]

Ok but pretty basic. No new concepts nut perhaps a different was of looking at things.

[Alejandra Echevarría · Rating 4 out of 5]

Very informative! I would have to read it again!

[Nate Campbell · Rating 3 out of 5]

Pretty good overview of day trading, with lots of discussion of the psychology needed, as well as things to look for.

[Cell · Rating 3 out of 5]

繼前一本不屑技術分析的投資最重要的事
這次改看這本不太提基本面分析的書

本書提到
散戶對比機構投資人的劣勢、簡介各種投資標的、技術分析在用的線&圖等等
算是對新手友善的書籍

作者提到移動平均線會有些自我應驗預言的現象
就我的理解，技術分析大致上算是群體心理及行為的統計結果論吧，跟風水有點像
有一堆人在上面套牢，在漲上去的時候這些人會開始賣，導致股價跌一點回來——簡稱為壓力
在不太受控的馬車、牛車橫行的時代，道路延伸正對的住宅出事率比路邊的高——簡稱為路沖
就這觀點來看，技術分析的部分內容我可以相信
像是 Fibonacci retracement 之類猜不透道理的還是看過就算了

有部分內容多次重複
有的名詞前面提及，後續章節才解釋（或不解釋）
算是本書的缺點吧
--
day trading 當日沖銷/當沖
forex market → foreign exchange market 外匯市場/匯市
contract for difference 價差契約/差價合約/…
market maker 造市者
stop-loss point 停損點
take-profit point 停利點
economies of scale 規模經濟
technical analysis 技術分析/技術面分析
fundamental analysis 基本分析/基本面分析
trading volume 成交量/交易量
margin call 保證金追繳
margin account 保證金帳戶/保證金專戶/信用帳戶
moving average 移動平均(線)
＿﹎﹎﹎　／
＼／＼／　breakout
﹉﹉﹉﹉
breakdown breakout的相反詞
opening price 開盤價
closing price 收盤價
candlestick chart K線圖
short-selling 放空/作空
market order 市價單
limit order 限價單
backtesting 回測
relative strength index (RSI) 相對強弱指標/相對強弱指數
limit order 限價單
market order 市價單
Fill or Kill (FOK) 全部成交或取消
Immediate or Cancel (IOC) 立即成交或取消

buy low, sell high 低買高賣
catch a falling knife 接刀
dead cat bounce 死貓跳

[Keri Charter · Rating 4 out of 5]

Day trading 101

I found this book on day trading to be overwhelming with information. I did like how it goes explained everything I needed to know on the subject especially considering I am a newbie to the topic. My husband has been interested in stocks and trading for some time now so it was a good read to get some info on the subject. The first half of the book is an education. Then to me it got pretty dry talking about stats and graphs and making trading plans. The good thing however is each chapter has a small summary to bring you back to the main points especially if you find the book overwhelming like I did. I recommend this book to anyone serious about getting into day trading. They say in the book several times how much of a gamble it is and how you should consider it a full time job. Not really for me but I still feel extra educated on the subject. I received this book at some promotional price in exchange for my honest and unbiased review.

[Taylor Ridgway · Rating 3 out of 5]

not really around my ally.

I'm not saying it's a bad book nor am I saying it's a good book but for me honestly it was very hard to understand since I'm not that at all interested in any sort of trading. I did read through a few chapters and skimmed the rest. It was very confusing and I did have to re-read and ask questions. After reading through some of the reviews on people whom actually understand and are interested I would say it's a good book. The author clearly knows what he's talking about. I on the other hand don't. If your interested in any sort of tradr, earning money, etc. this is definitely your book.

***I received this book in return for my honest and unbiased opinions that's solely my own***

[Erica Chaves Sandwall · Rating 3 out of 5]

I found this book on day trading to be overwhelming with information. I did like how it goes explained everything I needed to know on the subject especially considering I am a newbie to the topic. The first half of the book is an education. Then to me it got pretty dry talking about stats and graphs and making trading plans. The good thing however is each chapter has a small summary to bring you back to the main points especially if you find the book overwhelming like I did.
------------
DISCLOSURE
------------
I received this product for free in exchange for an honest, unbiased review.

[Courtney Stockstill · Rating 5 out of 5]

Execellent. Should re-read and take notes.