READ [EBOOK] How to Day Trade for a Living: A Beginner�s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology
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Review 'This is one of the best day trading books I have read. The author outlines the day trading process with real trade examples. This is a must read if you are beginning to explore day trading.'- Manual L. at Vancouver-Traders.com'Questions I had about my past mistakes and how to become a more profitable trader were right there in Andrew's book.�Whether you're an experienced day trader or just want to start day trading, Andrew has the strategies to help you improve your profitability and reduce your risk.�If you just wanted to get started in day trading, following Andrew's guidelines gets you stated on the right foot.His comprehensive coverage of How to Day Trade, Risk Management, finding the right stocks to trade, the best trading brokers and software are all there. Most importantly the right strategies you should use to get in and out of your trades are discussed in detail.His book has help me become more confident and profitable in my current trades.�There are a lot of other books on day trading that just give you basic philosophy and market theory. I highly recommend How To Trade For A Living.'- Thomas K. at Vancouver-Traders.com Read more From the Author Day trading is not gambling. It's not an online poker game. To be successful at day trading you need the right tools and you need to be motivated, to work hard, and to persevere.At the beginning of my trading career, a pharmaceutical company announced some positive results for one of its drugs and its stock jumped from $1 to over $55 in just two days. Two days! I was a beginner at the time. I was the amateur. I purchased 1,000 shares at $4 and sold them at over $10. On my very first beginner trade, I made $6,000 in a matter of minutes.It was pure luck. I honestly had no idea what I was doing. Within a few weeks I had lost that entire $6,000 by making mistakes in other trades. I was lucky. My first stupid trade was my lucky one. Other people are not so lucky. For many, their first mistake is their last trade because in just a few minutes, in one simple trade, they lose all of the money they had worked so hard for. With their account at zero, they walk away from day trading.As a new day trader you should never lose sight of the fact that you are competing with professional traders on Wall Street and other experienced traders around the world who are very serious, highly equipped with advanced education and tools, and most importantly, committed to making money.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.Rolling out of bed and throwing water on your face 15 minutes before the opening bell just does not give you sufficient time to be prepared for the market's opening. Sitting at your computer in your pajamas or underwear does not put you in the right mindset to attack the market. I know. I've experienced all of these scenarios.In How to Day Trade for a Living, I will show you how you too can take control over your life and have success in day trading on the stock market. I love teaching. It's my passion. In this book, I use simple and easy to understand words to explain the strategies and concepts you need to know to launch yourself into day trading on the stock market. This book is definitely NOT a difficult, technical, hard to understand, complicated and complex guide to the stock market. It's concise. It's practical. It's written for everyone. You can learn how to beat Wall Street at its own game.�I invite you to join me in the world of day trading. I'm a real person who you can connect with. I'm not just a photograph here on the Amazon site. I love what I do. You can follow my blog post under Author Updates on my Author page on Amazon. It's honest. You'll see I lose some days. You can read the reviews of my book. I know you will learn much about day trading and the stock market from studying my book. You can join at no cost and with no obligation my community of day traders at vancouver-traders.com. You can ask us questions. Practical, hands-on knowledge. That's How to Day Trade for a Living. Read more About the Author Less than one year before it hosted the 2010 Winter Olympics and Paralympics, I moved to Vancouver, Canada, rolled up my sleeves, worked hard, earned a PhD in Chemical Engineering from the University of British Columbia, and went to work as a research scientist. Like so many others, as the economy faltered, I heard those dreaded words, 'you're no longer needed'. Now what?�With the same drive and determination that led to my success at university, I started studying the stock market. How can someone sitting at home, in front of their computer, beat Wall Street at its own game?�In How to Day Trade for a Living, I shares how you too can take control over your life and have success in day trading on the stock market. You need the right tools and you need to be motivated, to work hard, and to persevere, but, if you do, you too may be a successful day trader.�I tried to methodically explain day trading which appears to be complicated in an easy to understand language. This latest edition of my book sets out all that you will need to know to launch yourself into day trading on the stock market. This book is definitely NOT a difficult, technical, hard to understand, complicated and complex guide to the stock market. It's concise.It's practical. It's written for everyone by me with a passion to help others take control back over their lives.������� �I also encourage you to join�my community of day traders at BearBullTraders.com. You can monitor my screen in real time, watch me trade the strategies explained in my book, and ask questions of me and other traders in our chat room. Read more
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