Publisher's Synopsis
Are you looking forward to having a fantastic career out of day trading?Are you looking for ways in which you can convert your investment into an income-generating activity?Do you want to make a fortune with a small day trading investment?
Well, if your answer is yes to all of the above questions, then you are right where you need to be. This book has been written with your best interest at heart. It seeks to transform your trading experience and ensure that you can comfortably live out of the income generated from trading options. In case you are stuck with the idea that you can only reach a certain point, the book will help you break free from a limited mentality. Most of the limitations we place in our life begin with our thought. Suppose that we made a difference in the way we think; we can equally make a difference in the level of our output. The author seeks to make an impact in your life by altering your limited mentality to the idea that you can equally succeed in your trading career.
In this book, you will learn the following:
- The importance of day trading options
- How day trading works, day trading vs. swing trading, buying long, selling short, retail vs. institutional traders high-frequency trading, and trade the best, leave the rest strategy
- Risk and account management and three-step risk management trading psychology
- How to find stocks for trading
- Tools and platforms-which broker to go with?
- Introduction to candlesticks price action, mass psychology bullish and bearish candlesticks, indecision candlesticks, and candlestick patterns
- Important day trading strategies, trade management, and position sizing strategy
- Develop your own strategy trading based on the time of day
- A step-by-step guide to a successful trade and building a watch list trading plan (entry, exit, and stop-loss)
- How to succeed while trading
With the information provided in the book, you can be confident while engaging in different trades. To become a good trader, you need to apply the information that you acquired from different sources. We are in a place where people appreciate the need to engage in investments. Having a single source of income might not help in ensuring that you live comfortably and get the lifestyle that you desire. At times, it is good to move past what you get on a regular basis and desire to accomplish more out of life.
You can decide to invest in a profitable investment, such as day trading. The measures that you undertake while carrying out the trade will ensure you are successful while trading. Let no one discourage you from becoming an expert trader. Choose to define the path that you make and have something good come out of the decisions that you make. The road to success may not always be easy, and there are some challenges that you will come across, but they will build you to become a better trader if you do not allow them to break you. By the time you are done reading this book, I am confident that you will be a better trader.
