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How to Actually Day Trade for a Living: The One Book Stock Trading Educators Do Not Want You to Read (2nd Edition)
――――――――――――Here's a Secret Other Authors Won't Tell You...――――――――――――Day trading is hard and most day trading "educators" don't actually day trade!You heard that right! They don't make their money from stocks, but from the chatroom, video, and subscription services they sell you! Before we get started, let me first go over what I don't include in this book...I have no "day trading" chatroom which charges your credit card each month for a service you'll never use.I have no monthly website subscription service for "more advanced strategies" that are needed to get started, but not included in the book.I have no Lamborghini I rented to put behind me in a video, or fake money on a table in front of me.What I do have is a book that will teach you how the day trading industry actually works, my own wisdom from being in the stock market for almost a decade, and strategies you can use to actually start day trading.Here's What You'll Learn In This Chapter 1: The Industry - In the first part of the book, I peel back the curtain and go over the actual day trading industry with you. I show you how so called "pro" traders are able to fake charts, statistics, and trades to make it appear like they actually make money day trading, when they really don't. I then go over the tactics they use to scam traders, and even a website which exposes all the fake educators.Chapter 2: Terminology - Here we go over all the terms you'll need to know as we progress to through the book. Volume, chart types, indicators, order types... it's all covered!Chapters 3 + 4: Pre-Trading Basics - In these chapters, I go over the basics of day trading. This includes what software and broker to use, finding mentors who you can refer to for help, and what the typical day in the life of a day trader looks like. I then show you how to set up your trading screen, what time frame to use, and the most beneficial types of stocks to trade.Chapter 5: Day Trading Strategies - This is the heart of the book, and where I spend the most time. In this section, I give you 8 different strategies you can immediately start using to day trade. I include detailed explanations, charts, and examples so you know exactly how to implement the strategies I go over.Chapter 6: Additional Advice - In the last part of the book, I give you my final bits of advice. This includes how to increase the probability of your trades, using a practice account, and more pieces of wisdom I have learned over the years.I must admit to you, day trading is not easy and there is no guarantee of actually making it. However I feel this book gives you the best chance of actually getting started, as well providing a big picture of the day trading industry. If you've been on the fence about day trading, now is your chance to finally learn what it's all about!━═━═━═━═━═━═━As a FREE bonus
105 pages, Kindle Edition
Published November 2, 2019
134 people are currently reading
257 people want to read
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Displaying 1 - 8 of 8 reviews
May 7, 2020
Very Informative
Author seems genuine and is not very repetitious except, when he reiterates how hard Day Trading is.
Types of trades are shown with drawings and a written explanation on when to get in and out of the trade.
Author seems genuine and is not very repetitious except, when he reiterates how hard Day Trading is.
Types of trades are shown with drawings and a written explanation on when to get in and out of the trade.
November 15, 2019
Excellent!
Morris really knows what he’s talking about! Am in-depth search of why traders fail so often, and what to do if you still want to try yourself at it. Highly recommended!
Morris really knows what he’s talking about! Am in-depth search of why traders fail so often, and what to do if you still want to try yourself at it. Highly recommended!
December 17, 2019
Eyes Wide Open
Great book which offers advice on how to truly view day trading. He helped me to be cautious where it pertains to day trading and the teachers out there. Thanks, Tim.
Great book which offers advice on how to truly view day trading. He helped me to be cautious where it pertains to day trading and the teachers out there. Thanks, Tim.
May 29, 2020
Good quick read!
Great overview of 8 day trading setups and how they work. Concise and to the point. Definitely worth reading. Gave me a lot to work with!
Great overview of 8 day trading setups and how they work. Concise and to the point. Definitely worth reading. Gave me a lot to work with!
June 30, 2020
Looking forward to investing.
A great insight to understanding stock charts, profits and losses. An easy read, helped me understand double top, double bottom, and angles.
A great insight to understanding stock charts, profits and losses. An easy read, helped me understand double top, double bottom, and angles.
February 12, 2021
Short overview
The book is very short, contains an overview of day trading, I would prefer more in deep information about scanners, brokers etc.
The book is very short, contains an overview of day trading, I would prefer more in deep information about scanners, brokers etc.
May 27, 2023
A nice little book, that provided a few ideas. Still nothing really new for someone with some experience.
October 28, 2020
Seems very familiar
I've seen this system somewhere 😉(INVESTOPEDIA ACADEMY,David Green) before,good book though especially the chapter on the charlatans in the industry,he doesn't trade himself because he didn't create the system with that said i'll still continue to read some of this author publications.
I've seen this system somewhere 😉(INVESTOPEDIA ACADEMY,David Green) before,good book though especially the chapter on the charlatans in the industry,he doesn't trade himself because he didn't create the system with that said i'll still continue to read some of this author publications.
Displaying 1 - 8 of 8 reviews