How to Day Trade for a Living: A Beginner’s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology (Stock Market Trading and Investing)

Mark Twain once said "It ain't what you don't know that gets you in trouble. It's what you know for sure that just ain't so." I believe these words of wisdom apply to trading, as well as life in general. After doing some day trading and making a few nice profitable trades here and there, followed by a couple of losses that cut my profits in half, I remembered that quote by Twain and I had to admit to myself that many of the things I thought I knew about trading were wrong. I decided to visit Amazon to find a good introduction to the subject of day trading. There were so many books, most of them looked like they would take me weeks or months to study, and I wasn’t sure if I was prepared to take on that kind of learning curve. I’m not lazy, but I have a lot of other projects going on. Then I stumbled upon Andrew Aziz’s book “How to Day Trade for a Living: A beginner’s Tools and Tactics, Money Management, Discipline and Trading Psychology.” This book seemed to cover everything I was looking for, and with only in 232 pages; I felt I could handle that. I wasn’t looking for an encyclopedia on trading; I was looking for information on what day trading is, how to get started, and pitfalls to look out for. Based on the long title and the mostly positive reviews, I decided to go with this book. I am very glad I did. I should mention that I’ve not yet completed my first reading of the book; I’m taking my time to let the information sink in; that’s my preferred learning style. However, a bit more by half way through the book, I can say that I really enjoy this book a great deal. At first it was a little uncomfortable, because as a middle-aged finance professional with an MBA and many classes in finance and investing, I felt that I should know a lot more about day trading than I actually do. Well, the first thing I learned from Aziz’s book is that day trading and investing are very different subjects. I also learned that what I had been doing was not day trading, but “swing trading,” and that they are very different trading modalities that require different education and practice. By far, my most important take-away from this book is that day trading is not easy. The author of reinforces that point throughout the book. This is probably why 84% or so (depending on which study you read) of those of us who give day trading a try end up losing money. We think we can just jump in, get lucky, and make lots of money. We ignore the fact that having consistent success as a day trader requires skills that are usually only acquired through practice and over time. We like the making money part, but we don’t like the steep learning curve, so we start trading with no education, no practice, no skills. In other words, we dabble in day trading. Then, as often is the case, when we lose our trading capital (or most of it), we call it quits and blame day trading as being a sham. That’s the 84% of all traders. Of course, there’s nothing magical about the 85/15 or 80/20% rule; it just happens to be true in so many areas of life. If more “wanna-be day traders” would only be willing to educate themselves and approach day trading with the seriousness and respect it deserves, treat it as an actual business, they could be successful too! And then the ratio of successful day traders in these studies would probably increase by quite a few percentages. Maybe this will happen one day, I don’t know. I say probably not, because despite our amazing potential, human beings tend to be lazy, and very predictable. That’s why the 84% failure ratio for day traders is probably going to remain fairly constant. That doesn’t mean that an aspiring trader willing to humble themselves (a bit) and commit themselves (a lot) to learning the skills can’t be part of the 16% of successful traders! In the beginning of this book, the author talks a bit about the rewards of day trading, and why so many people pursue it. Successful day traders can work from home, make a very decent income, take time off when they want to, work from anywhere in the world with an internet connection. You have no boss to answer to; you’re basically your own CEO. I learned from this book that a successful trader who has acquired the necessary trading skills, strategies, tactics, money management, discipline and psychology can sometimes make between $500 to $1,000 per day, on average. That’s a lot of money. It translates into $120,000 to $240,000 per year, before taxes (assuming on average 20 trading days per month). The author mentions how he knows traders who consistently make $2,000 or more per trading day; but he does not hold himself out to be in that category. In fact, he admits to having lost money, and he still has losing days or streaks of losing days, but on average he is consistently profitable. The point I’m trying to make is that becoming a successful trader can be very rewarding, for someone willing to go through the learning curve and acquire the necessary skills and mindset. If the potential rewards of becoming a successful day trader is so great, and since it appears to be very doable, then why isn’t everyone day trading? I believe the author provides the answer in his 11 Rules of Day Trading. “Rule 2: Day trading is not easy. It is a serious business, and you should treat it as such.” If I understand the author correctly, the day traders who are making $500 to $1,000 profit are traders who have taken time to educate themselves and apply the strategies and principles outlined in the book. They have practiced in a simulator for at least 3 months, achieving a favorable ratio of profitable vs non-profitable trades before trading with real money. Then follows several months with “small trades” made with real money, because trading with real money is different from trading in a simulator. So even if you have a talent for day trading, it’s unlikely that you’ll be getting rich quickly. In addition to teaching the general principles of day trading, risk management, money management, several day trading strategies, discipline and trading psychology (very important!) this book also provides a step by step process for people who want to become successful day traders. The author says in the beginning of the book that the book is short on purpose; it allows the reader to understand the basics of day trading and enough information for someone to decide whether they want to pursue day trading as a profession. After reading about halfway through the book, I’ve decided that I would like to continue learning about day trading. Some of the sobering facts outlined in the book almost caused me to put it down. However, based on what I learned from this book, I do believe that becoming a successful day trader is indeed possible. Also, the potential rewards of acquiring the skills of day trading are a great motivation to me. Another reviewer expressed that they really liked the book, but that they had decided not to pursue day trading at this point. I really respect that reviewer, because it shows that the person was willing to read the book and find out what day trading is all about, before making an informed decision. This reviewer then for their own reasons decided not to pursue day trading at this time, but still took time to leave a favorable review of the book. I think that says a lot about a person’s attitude in life and toward learning. In fact, this was one of the reviews that contributed to my purchase decision. As for me, although I am committed to continue my studies of this book and taking the next steps to continue my education, I still don’t know for sure if I will eventually become a day trader and pursue this as a livelihood. After a few months of trading in a simulator, I might reach the same conclusion as the other reviewer who decided it was not for them. However, in my case I feel this is the right time in my life to learn a new set of skills; I find day trading very interesting, and I want to learn more. Not everyone is cut out for day trading, and there are so many factors that come into play. However, I feel I owe it to myself to at least continue to explore and learn more about the subject matter. If I don’t, I will be forever wondering if I made a mistake by not learning more. I’d also like to point out that although I think this book on its own is a great introduction to the subject of day trading, you are getting a lot more than just a book. The author invites you to join his trading community, where you can watch him trade and get trading advice and tips from other traders. You can find the website if you enter the author’s name in Google; the website will have a lot of information about the trading chat room and other day trading education resources. The trading chat room is no longer free, from what I understand all the participants in that community recently collectively decided that there should be a $30/month fee to cover the expenses of the chat/teaching platform. However, it is possible to sit in on several chat session for free by signing up for a 7 day free trial. Personally, I don’t have a problem with this, as I’ve been pitched $5,000 trading “academies” – week long courses that promised me I’d be profitable my first month in trading. Unfortunately, the day trading education industry is infested with vendors preying on people’s hopes and dreams, and many fall for such false promises. I feel that the author of this book is “the real deal.” I must admit that one of the questions I had initially was that if a person is good at day trading and making money with it, why would they teach others? That question was answered after I attended a couple of the author’s trading room chat sessions. It became very clear to me that the reason he’s conducting these training sessions is because he loves trading and he also loves to teach. I know, anybody can say that they love teaching others, but if that statement is actually true, then I believe it will shine through. With Andrew Aziz, it does shine through. In any case, I consider $30/month to participate in the chat room to be a very reasonable fee, and I feel that if I can’t afford that, then perhaps I shouldn’t be day trading at all. If you are joining the author’s trading room, I also recommend that you budget $120/month to cover the cost of trading in a DAS simulator, where you will “paper trade” for at least three months. So all in all, I budgeted $450 for my three month introductory education with this program. I believe that the simulator can be ordered separately from the chat room directly from DAS, but the simplest option is to order it all through the trading community web site. That way everything will be set up for you and you can participate in an on-boarding session where the author teaches you how to use the software. I am mentioning these costs because I think people who are considering joining this path to day trading education should know about the costs up front. No doubt, some people will conclude from my review that the book is just a bait for more expensive courses, and if these thoughts are going through your mind you should be aware that the main cost of this program goes to cover the DAS platform, which is separate from the author’s chat room. I did some quick math based on the number of people in the chat room, and concluded that monetary gain is definitely not his reason for conducting these training sessions. Finally, I will disclose that this is an unsolicited review and I’m not receiving any benefit from leaving it other than the satisfaction of knowing that perhaps I’ve helped another prospective day trader make an informed decision about whether or not to invest in this book. My advice is that if you’re not sure whether this book is for you, get the Kindle version. It’s only $3.75 and you can download and read it immediately. That’s what I did. However, I just purchased the paperback version of the book as well. I know that this is a book that I will be referring to often, and I like to be able to highlight sections and add my own notes. I hope some will find this review helpful, and whoever you are, I wish you the best of luck with your decisions about day trading!

I've read hundreds of trading books and have been active in the stock market for over 30 years. I continue to read trading books to see what other traders say about their own experiences in the market. Good trading books are worth their weight in gold if they give you just a few lessons that increase your profits or decrease your losses. Day trading is a specialized endeavor that requires an edge in the market and the speed of execution, risk management, and discipline to stick with your strategy. New-day traders can get into trouble quickly and lose much money when they lack any of these in their approach. Realizing your need for more knowledge on the subject is the first step; the second step is to study. Andrew Aziz's "How to Day Trade for a Living: A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline, and Trading Psychology." is the best introductory book on day trading I have come across. Its steady top ranking in book sales and amount of positive reviews confirm this. This concise, no, fluff 384-page new expanded 2022 edition of the book covers all the topics a new trader will need to know without being overwhelmed with the things that aren't important. The writing style is to the point and not dull as it gets to the point and moves to the next lesson. It isn't full of anecdotes or too many personal stories. The book is a focused master class on what you need to know to day trade. Day trading is a professional pursuit, and you must take it seriously. The author of the book is clear that day trading takes work. This is not a get-rich-quick book; it's an educational one. Most people who try day trading lose money because they need proper education, practice, and skills. The author emphasizes that consistent success requires skill acquisition over time, and treating day trading as a serious business is crucial. This is a realistic approach that can lead to future success. The lifestyle and rewards of successful day trading can be pretty enticing: working from home, having no boss, no coworkers, income based on performance, and taking time off when desired. A proficient day trader can earn more in a day than a week at a job. However, achieving this success requires dedication to education, practice, and applying the strategies and principles outlined in the book. Andrew focuses the reader on the journey of becoming a profitable day trader. He gives you what you need, from trading setups and strategies to risk management and the right mindset. He explains that success comes from properly educating oneself and diligently practicing strategies in a simulator for at least three months before trading with real money. He also goes into the details, like hotkeys and how to find the stocks in play for day trading. The book is filled with screenshots, and he goes step by step. The book teaches all the general principles of day trading, risk management, money management, various strategies, discipline, and trading psychology. It also offers a step-by-step process for those who wish to become successful day traders. While the book is an excellent introduction to day trading, the author also provides free introductory access to his trading community, where one can watch him trade, receive advice, and learn from other traders. This book is the manual for the full day trading education he provides, and you can continue your journey to his more advanced books or learn to day trade directly from his service. However, this book is the one to start with and what I recommend to new traders that ask me about day trading books. The author's passion for teaching and trading shines throughout the books, and he genuinely wants to help others succeed in day trading. Andrew is very friendly and social in real life. You can even catch his traveling adventures on social media, where he lives the dream of day trading and visiting amazing places around the world. In summary, "How to Day Trade for a Living" offers valuable insights and a clear path to understanding and engaging in day trading. Whether or not one ultimately decides to pursue day trading seriously as a profession, this book serves as a solid foundation for making an informed decision. This is the first book an aspiring day trader should read in my opinion.

How to Day Trade for a Living by Andrew Aziz is one of the most accessible and practical introductions to the world of day trading. The author doesn’t overhype the process or promise overnight riches — instead, he emphasizes the discipline, strategy, and mindset required to succeed. The book covers essential topics such as setting up your trading tools, understanding technical indicators, risk management, and developing a personal trading strategy. What makes it stand out is its real-world advice: Aziz draws from his own experience, making the book feel both informative and relatable. I appreciated his focus on emotional control and the psychological aspects of trading — areas many beginners underestimate. He makes it clear that day trading isn’t for everyone, but for those willing to learn, practice, and stay consistent, it can be a viable path to financial independence. This isn’t a get-rich-quick guide — it’s a get-skilled-and-stay-focused guide. Whether you're completely new to trading or refining your strategy, this book is a great place to start.

Andrew Aziz's "How to Day Trade for a Living" is an extraordinary and indispensable guide for anyone aspiring to venture into the exhilarating world of day trading. Packed with wisdom, insights, and practical strategies, this book stands out as a comprehensive manual that empowers both novices and experienced traders alike. Aziz's writing style effortlessly engages readers from the very first page, as he navigates through the intricacies of day trading with clarity and precision. He artfully breaks down complex concepts into digestible pieces, ensuring that readers can grasp the fundamentals before delving into more advanced techniques. The book's structure is well-organized, making it easy to follow along and refer back to specific topics when needed. One of the book's greatest strengths lies in Aziz's ability to share his personal experiences and lessons learned from his own trading journey. He openly discusses the triumphs and tribulations he faced, providing valuable insights into the mindset required for success in this demanding field. Aziz's transparency not only imparts a sense of authenticity but also cultivates a connection with readers, making them feel like they are learning from a trusted mentor. The author's emphasis on risk management is a standout feature of this book. Aziz stresses the significance of protecting capital and provides practical strategies to minimize losses. By instilling the importance of discipline and patience, he guides readers towards developing a robust trading plan that can weather the storm of market volatility. Moreover, his insights on psychological aspects, such as controlling emotions and avoiding impulsive decisions, are invaluable tools for maintaining a clear and focused mind amidst the chaos of the trading floor. What makes this book truly exceptional is its ability to bridge the gap between theory and practice. Aziz seamlessly blends theoretical concepts with real-world examples, allowing readers to see how they play out in live trading scenarios. The inclusion of numerous charts, graphs, and illustrations enhances understanding, enabling readers to absorb information visually and kinesthetically. Furthermore, Aziz provides readers with a host of practical tools and techniques to refine their trading skills. From identifying patterns and using technical indicators to effectively managing trades and assessing risk-reward ratios, this book equips readers with a comprehensive toolkit for success. The actionable steps outlined throughout the chapters create a clear roadmap for aspiring day traders, fostering an environment of growth and progress. Although "How to Day Trade for a Living" covers a vast array of topics, Aziz's writing remains accessible and avoids overwhelming readers with unnecessary jargon. Even those unfamiliar with the world of finance can easily grasp the concepts and gradually build their knowledge as they progress through the book. Andrew Aziz's "How to Day Trade for a Living" is a masterpiece that deserves a prominent place on the bookshelves of aspiring day traders. It is an engaging, educational, and empowering guide that instills the essential skills, strategies, and mindset needed to thrive in the dynamic world of day trading. Aziz's expertise, combined with his sincere desire to help others succeed, makes this book an absolute gem. Whether you are a novice or an experienced trader, this book is an indispensable resource that will transform your trading journey.

*UPDATE (Originally reviewed in 2016/2017; this is my review as of 2020): I think the headline speaks for itself. About 5/6 years ago I was floundering about calling myself a "swing trader." I'd heard about "day-traders," but never really attempted to peek behind the curtain to see what "it" was all about. I decided to read a handful of books on the topic; a self-education of sorts. I read books written by some of the most "prominent" authors who regard themselves as Traders; William O'Neil, Toni Turner (phenomenal author), Peter Lynch, Ray Dalio, Mark Douglas, and a few others were part of my "education." All were informative for a guy like me, who -- at the time -- knew relatively nothing... One of the books I stumbled upon happened to be this book (How To Day Trade For A Living; Andrew Aziz). Andrew was the first author I'd read on the topic that cut through all the fluff and got straight to the point. I would, in essence, describe his book as a summary of all the other books combined; a little less "hefty" in the arena of details, but MORE powerful (presumably due to efficiency) to the reader as a result. More of a "guide to actually starting your trading journey," as opposed to the other books, which were more of a "hey, look how smart I can sound while rambling about irrelevant things necessary to become a trader." Anyways... One of the things this author (Aziz) did in his book was offer a link to his website and chatroom. Initially, I figured it was just a sales-pitch to rope me in to a perpetual revenue stream (for him), but I decided to take the bait. I was really committed, so I wanted to see what "it" (day trading) was really about; and if it took visiting a website and/or chatroom, well -- so be it (I guess). I think it's important to mention that I've read too many books on the topic to keep track of (probably about 30, or so), and MOST of the authors on trading/day-trading/swing-trading ALSO include links to their websites. Frankly, after I learned to put my skepticism aside, I realized that NOT including a supplemental resource (such as website) was doing the reader LESS of a service than the other way around. I digress... My first impression with the "chat room" was "this ain't for me!" lol... I think my interpretation/assumption of what a "chatroom" would entail wasn't what I got. Instead, I saw a guy with a few charts and scanners, telling people when he was entering/exiting trades, then spending a few minutes thereafter with us (the chat minions) discussing "why" he made certain decisions, and so on. I closed out the chat window, and didn't think about it again for a few weeks... ...and then I realized...after those few weeks...that I was still wandering about hopelessly, and that somebody (like Aziz) who was effectively pulling back the figurative curtain (on his day job), via a "chatroom," was EXACTLY what I needed. I stumbled back into the chatroom after that epiphany, and have been a full-time day-trader ever since... I don't visit chat very often these days, but I can say, unequivocally - and based on EXTENSIVE personal experience -- The book this guy (Aziz) wrote, the website he hosts to this day, and yes -- even his chatroom -- are ALL more valuable than 99% of would-be daytraders will probably ever realize. With all of that said, let me be very clear about this: I have been a full-time trader ever since reading his book, and frankly -- I genuinely believe reading his book was a catalyst to developing the trader I've become. Andrew gave me the down and dirty education via his book (without the fluff), a first-hand look into the world of day-trading (via his chat), and will ALWAYS be regarded as a "pillar" to the successes I've found in this world. I don't know any other way to put it: If you're looking to get involved with the world of trading/day-trading, read this book. You'll be glad you did... Have a great day everyone; stay humble; STAY GREEN!

I was looking for a book on how to day trade. Not a book on how to get rich quick. I’m pretty sure I found it. First, I want to say thank you to Andrew for writing this book. And second I want to thank all the leadership team at BBT and the rest of the daily BBT members in the chat room. All of you make learning this topic a wonderful experience. It’s a very supportive community. How to day trade for a living really connected with me. In his book, Andrew talks about day trading being like a sport; requiring dedication, training, and analysis of past performance. Being a former pro athlete, this message really resonated with me. Andrew discusses, in simple terms, the skills to learn, the tools to succeed, the countless hours of practice required, the mental resolve to push thru the hard lessons, and knowing when you’re ready “to PLAY”. Why I wanted to learn: It’s late April of 2020. Like many others, my industry is shut down due to the coronavirus. My clients are saying that they don’t see needing my services till mid 2021. That gives me over a year before I can even think of going back to my career of 30+ years. I needed something to do. Something to challenge my brain. I’m pretty good with computers, software and psychology. So I thought I’d give it a go. The Skills and the Tools: It’s been a couple weeks since I got my trading system all set up. I’m not allowed to trade using the DAS Trader and Interactive Brokers account. It’s a compliance thing with my wife being a CFP. So, for now, I am using TD Ameritrade’s ThinkorSwim platform. But, the tools are only as good as the one using them. I learned that in professional sports. If you have the physical AND mental skills, the tools just give you a small edge. If your physical skills, practice, and mental conditioning are in the top 1%, then you can succeed with any tool set. I’m a very visual person, so seeing candle patterns seems to come easy. My setup is an Alienware laptop and (2) 43” 4K Monitors. Big enough for seeing the stock scanners and the ThinkorSwim charts & data. There’s a 2nd laptop running the BBT chat room; with audio. Practice: I get up at 5am (pacific), get my self ready and do my own research (using Trade-Ideas), before the Chat room opens up at 5:30 ….with Carlos and Norm doing the pre-day. The open is a CRAZY thing to watch. When Andrew says stay away from the open then you’re a newbee…. You better believe it. The HARD lessons are best learned without harming your bank account. As Instructed, I’m using paper money and it makes learning a lot less stressful. (Sort of) ! I spend each day, the WHOLE day, testing my skills during the open, mid to late morning, and afternoon. I test different patterns at different times of the day, while learning to read 1m, 2m, and 5m charts at the same time. Am I seeing what I WANT to see, or am I really seeing REALITY. When I was a pro tennis player, we practiced countless hours. We studied strategy. Every day. All Day. And if we were not on the court, we were building physical strength or psychological strength elsewhere. We were dedicated to our craft. This is one of the primary messages in Andrew’s book. Mental Resolve / Hard Knocks: At the end of each day (1pm pacific) I review ALL my trades. Good traders seem to be doing 5 trades at most each day. They’re patient. They look for the signs. I’m LEARNING my craft. I trade all day long to see if I can succeed …. and if so, when and how….. and WHY. By reviewing all my trades, I can go back and see if there really was a setup (or not). I journal what I saw and what I think I saw. Least week, my worst day was +480 and my best was +1800. Yesterday, my first trade was -858. After reviewing my trades, I found out that I would have been +2400 if I had set my stop loss at 80cents, not 50cents. Today was a +520 day in just 2 hrs. The first trade was -60 and the second was +580. After reviewing my trades, I would have made more if I had been a bit more patient on my exit. I’m LEARNING and my losses teach me more than my wins. The best football players watch more game film. A great baseball player only gets a hit 40% of the time. In summary. This book starts you on the path of being a day trader. It does not promise that you will become one. But, If you have the personality traits and are willing to put in the effort, it will be well worth your time! It’s up to you!

I bought the book and signed up for his membership. I've had on and off success, but with my latest run I told myself I'd stop after a certain amount of loss. Well, I hit the loss. I'm okay not pursuing day trading any more even though I do love the thrill of it. Andrew is a great trader, but I do want to caveat a few things. Yes, I did "lose", so this review might be a little bit more on the negative side, but I feel like people don't hear about the negatives of day trading enough. Andrew is good at what he does, but I think his chatroom helps him succeed even more. First, he does show all his trades which is awesome. But as I participate in his chatroom, I wonder what kind of success rate he has. We all heard the stat that 97% of day traders fail. So, does Andrew beat that percentage? Is there a higher success rate with him? I've seen a lot of members come and go, and there are very few stick around. Brian seems like he's consistent, but seems like he trades with small share size and doesn't show his P/L. Carlos a year ago said he traded full time, but he slowly stopped posting recaps and when he did, the P/L was a lot lower than when he started off. P/L isn't everything, but no one posts consistently. He teaches day trading for a living, so I'd love to see some success stories. Other notable names are Robert H, William that I haven't seen for awhile. The newer guys like Thor or Aiman seem like they are doing well now, but no daily recaps and I have a suspicion they have really bad days as well. Which brings me to my final point. He denies this, and even comments about low float chatrooms, but his chatroom has the potential to change markets. Let's do some math. On a given morning there are ~700 members and only continuing to grow. Let's say half are live. I don't know the numbers, but let's say that's the case. All hypothetical, you can change it however you want. 350 are live. Let's say half of the the live folks follow his trades. 175 people. Half of those people (~87) take small share size, 200 shares. Comes out to 17,500 shares. Half of the remaining half (43) people take share size that can net them 100-200 dollars daily, 400 shares so another 17,500 shares. Again, these are on 20 -30 cent moves, scaling out. Now, there are 43 people left. Let's say 30 of them take 1000 shares, which can make 200-400 a day. 30,000 shares. Then the remaining 10 or so people take 2000 shares, which is still a lower amount then Andrew's buy in (he usually buys in AMD/MU w/ 4k shares). Another 20,000 shares. Total ends up at 85k shares, all after Andrew enters with his 4k position. All of them are hitting the ask, moving the price higher. Now, I think I went a bit conservative, but we can even take a lower number than that, 50k shares. Every time he enters a trade, he has 50k buying power right behind him. That makes a difference, right? This is all in a 1-2 minute span and depending on the Overall Volume for the 1 minute candle stick, it can be a big portion of it. I understand some 1 minute candle sticks are 500k. I also know that some candle sticks are 100k or 50k. Having people enter right after you will have a TREMENDOUS effect. If you watch closely at the Level 2, you can see the order flow and time/sales change after Andrew enters. That doesn't even account for all the other people outside his chatroom seeing the volume flow in. That also doesn't account for people who aren't following Andrew in the chatroom (but are in the chatroom) but see the same pattern he does without hearing the callout. I believe Andrew pushes patterns to come true, and other people follow. How many people are impacted by this indirectly? No idea. Now, is andrew a good trader? yes, he seems disciplined, able to read the market and jump out when needed. You will also often see the stock crash once he jumps out long lol. Do I think he could make a living if there was no chat room, yes. But I would love to see him for two weeks trade with no chatroom. Just post recaps. I could eat my own words. I still think that ~50k shares following him does help him a lot. Best of luck to new traders!

Just finished reading this book and what a great read. Let me try and logically break the review down into the following areas: a) Content: as my title suggests this is probably the best book that one can pick up to understand the basics of day trading. The terminology of traders as well as a 101 Level view of tools and techniques is very aptly articulated that does not confuse. I will recommend anyone interested in this area to read this book (and I am sure sections on planning / programming your trading journey and psychology would benefit even seasoned traders who are stuck in a bit of rut). b) Structure: Andrew has used structured the book well using brevity and epigrammatical simple language to explain super complex subject matter. I personally loved the fact that it almost provides a very pragmatic blueprint for starting the journey to experiment with day trading. My only small suggested revisions would be to perhaps front load some of the definitions like support and resistance levels (they get explained late when Andrew explains the strategy). c) Value: for an extremely small amount, the value that this book provides is INSANE. I am very interested in markets and want to foray into trading and so glad picked this as my introduction book as it is really really good building foundational knowledge (much cheaper than other alternatives available on the market). I know some reviews on the internet feel, its a bit of funnel to bearbull trading community, but i feel there is nothing wrong with that. NOWHERE does Andrew say his forum is the best and he provides consistent knowledge that is agnostic of his community. d) EXTRA: There was an example problem for which Andrew had provided his email for solution validation. I developed a solution and sent the same to Andrew, in a matter of minutes he responded and gave me access to a simulator his team has developed. I really appreciate this level of customer / reader obsession. PS I have actually purchased the sequel i.e. Advanced Techniques in Day Trading

This Book will really help you to figure out if trading is the right way for you. Andrew has a beautiful mixture of not beating around the bush and telling you the challenges but on the other hand encouraging you that you can do it if you stick to the rules of the game.

Awesome book

Great book! I would like to offer the following suggestions for improvement: Please provide an in-depth analysis of your trading strategies, detailing the precise criteria for entering and exiting trades, as well as specific conditions under which you would refrain from trading. Clearly explain the methodology for calculating risk for each trade. Include several specific, straightforward examples that demonstrate the decision-making process and thought process behind entering a trade, ensuring the examples are easy to follow and illustrate practical application.

O livro é fantástico , de rápida leitura , e dá absolutamente todas as ferramentas para melhor conduzir Day Trades. O autor é brilhante , conciso , recomendo todas as obras dele.

Buy it fast and read it slow. The book provide you everything you need to start and manage profitable trades consistently. Well writen, on the point, helps you to develop the right mindset. I wish I read it 20 years ago.