
A Beginners Guide on How to Day Trade for a Living
By Wayne J. AveryLength2h 37m
About this audiobook
You must have been hearing about the term Day Trading;
What does it mean?
What is the process of Day Trading all about?
What skill set do you need to have to be able to Day Trade for a living or as a side gig?
Do you need to be involved in the day-to-day running of your account?
How much funds should you invest in Day Trading?
Day Trading is a process in which an individual buys and sells stocks, options, cryptocurrency, foreign currencies, etc typically within a window of 24 hours.
Traditionally, day traders have deep pockets and vast experiences with the financial markets; they also employ the use of short-term options, leverages, and sophisticated trading platforms with signals and alerts to scalp tiny changes in the markets. Day Traders provide a continuous amount of highly needed liquidity for the smooth flow of the market and they also supply arbitrage.
This guide has been structured to help you as a beginner understand the fundamentals of Day Trading and grasp how it operates and what it entails in setting up profitable trading strategies based on several factors at any point in time.
With the right approach to Day Trading, you can make a sustainable amount; well-funded and educated Day Traders are most likely to make millions of dollars in profits annually which will most certainly get you out of the rat race if you can attain this feat.
Financial independence is the goal and it is not a far-flung dream as Day Trading puts you firmly in the driving seat of your affairs and how your day or life eventually turns out.
Author and financial expert, Wayne J. Avery guides you on a journey into the world of Day Trading with easy-to-understand principles to set a solid foundation for you. He will show you detailed trading strategies and how to hit the ground running with simple winning formulas.
You will learn basic trading principles that you can build on which will aid your trading success; also to be learned are risk management and discipline mentality to be employed in all your trades.
In “A Beginners Guide on How to Day Trade for a Living”, look out for the following and much more;
How to get started with day trading
Hidden secrets of day trading exposed
Money management skills
Day Trading technical terms
Chart types
Compounding your profits
Employing risk management techniques
Easily applicable techniques to make profits and attain financial freedom in no time
Trading platforms, brokers, and markets to trade in
Developing a winning mindset for Day Trading
Basic technical analysis
And so much more!
Order your copy now and begin this exciting and profitable journey into the world of Day Trading Today!
Audiobook details
GenreOther
Length2 hrs 37 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateSep 12, 2024
LanguageEnglish
Table of contents
1The Upsides of being a Day Trader
2Risks associated with Day Trading
3Chapter One
4Emotional Management
5Market Emotions; Types
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6Chapter Two
7Day Trading; How It Works
8Swing Trading Vs Day Trading
9What is Swing Trading?
10High-Frequency Trading
11Chapter Three
12Understanding Risk Management in Day Trading
13How much do you risk per trade?
14Create a Trading Strategy
15Set a Limit
16Trading Psychology; What is it?
17Trading Psychology Pitfalls
18What Is A Trading Bias?
19Taking Charge of Emotional Trading
20The Reasons Traders Lose Funds
21Chapter Four
22Hunting Stocks to Day Trade
23Characteristics to Look Out For
24Chapter Five
25Orders
26Buy Orders
27Limit Order
28Types of Limit Orders
29Order Costs
30Stop-Loss
31Limit Stop Order
32All or None limit
33Immediate or cancel (IOC)
34Fill or Kill (FOK)
35Good till Cancelled (GTC)
36Day Order
37Take Profit order
38Trading with demo Accounts
39Demo Account Is Devoid Of Emotional Trades
40Slippage
41Trade with less Capital
42True Feelings
43Selecting a Broker
44Study Your Investment Techniques
45Making a Decision on What to Trade
46Trade news or Shares
47Technical Analysis
48Expert Rating
49Company Earnings
50Emotions and Trade Positioning