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Day Trading Strategies: How to Make Money Day & Swing Trading

Day Trading Strategies: How to Make Money Day & Swing Trading

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Day Trading Strategies: How to Make Money Day & Swing Trading

évaluations:
3.5/5 (4 évaluations)
Longueur:
44 pages
40 minutes
Éditeur:
Sortie:
Dec 22, 2019
ISBN:
9781386337836
Format:
Livre

Description

This book will shed some light on what day trading is and also help you understand how you can profit from day trading. This book will not just throw information at you, but help you understand everything you need to about day trading before you begin.

Over the course of this book, you will learn more about the different day trading strategies and also some tricks and techniques you can use to maximize your profits and minimize your losses. There are many myths around day trading, and it is important for you to know the difference between these myths and facts.

Éditeur:
Sortie:
Dec 22, 2019
ISBN:
9781386337836
Format:
Livre

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Aperçu du livre

Day Trading Strategies - Bradley Banks

Conclusion

Introduction

If you are someone who has always been interested in the stock market, and wants to learn more about how to trade on the stock market, you can start off with day trading. This book will shed some light on what day trading is and also help you understand how you can profit from day trading. This book, unlike the numerous other books on the Internet, will not throw information at you, but will help you understand everything you need to about day trading before you begin.

Over the course of this book, you will learn more about the different day trading strategies and also some tricks and techniques you can use to maximize your profits and minimize your losses. There are many myths around day trading, and it is important for you to know the difference between these myths and facts. Since you are a beginner, it is important that you have the right tools and software in your system to help you with day trading.

You must remember that practice is the only way you can master your strategies, and this is the only way you can make a profit. I hope the information in this book will help you understand day trading and help you build a strategy to help you succeed.

Chapter One: An Introduction to Day Trading

It was only in the past that only people who worked for brokerages, large financial institutions and trading houses could invest in the stock market and trade actively. With the rise of online trading houses and the Internet, brokers have made it easier for individuals to join the game and trade in the stock market. If done correctly, day trading can be a very lucrative career option for most people. It can, however, be challenging if you are a novice especially if you do not have a well-planned strategy. Novices are not the only traders who can experience losses; an expert day trader can also hit a rough patch when it comes to day trading. Before that, let us look at what day trading is and understand how it works.

Key Takeaways

-  A day trader is an active trader who will execute strategies throughout the day to make a profit when prices change for any asset

-  You can combine numerous strategies and techniques to capitalize on any inefficiencies in the market

-  When it comes to day trading, it is important that you have a high degree of objectivity and self-discipline, and know how to perform a technical analysis

Basics of Day Trading

In day trading, you buy and sell a stock or security in one day. This form of trading happens in different marketplaces but is very common in stock markets and the foreign exchange market. A day trader is well funded and well educated and knows how to leverage to make a profit. Day traders use short-term trading strategies to maximize their profits and minimize their losses. They know how to use the small changes in the prices of highly liquid currencies or stocks.

A day trader tracks the market any looks for any events that may cause any short-term movements in the market.

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  • (5/5)
    Great introduction to trading. Very informative & quick read !