Description
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 memberships, video courses, and monthly subscriptions they sell to 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 Book:
Part 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.
Part 2: How to Day Trade: In this section, 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.
Part 3: Trading Setup: Next, I show you the optimal set up to use for day trading. This includes indicators to utilize, how to scan for stocks, and the best chart type to use. I then go over preferable stocks to trade, especially for those with smaller account sizes, and how to limit your risks so you don’t end up like so many traders before you who have lost all their money day trading.
Part 4: 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.
Part 5: Additional Advice: In the last part of the book, I go over my final bit of advice in regards to day trading. This includes when to take profits and losses, using a practice account, and more bits 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 if your chance to finally learn what it’s all about!
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