The Day Trading for Beginners Guide: How to make a living on Day Trading incl. Trading Tools, Stock Market Strategies, Investment Management and Trading Psychology
R**H
A Great guide to the Day Trading World
This is a perfect starter book for armchair investors adding day trading to their skill-set. The author not only provides the readers with up-to-date information on industry developments, but also provides clear and concise direction on how to begin the day trading process.The book includes an overview for determining your level of risk and how to perform proper risk management. It also provides a detailed guide to setting up a trading plan. To help make sure that you are understanding the content of the book, the author has included quizzes and checklists so you can stay on tasks and determine areas you may not quite be getting. You will also be provided with a glossary of terminology, so you can learn to talk the talk as well as walk the walk. The author walks you through the differences between short term and long term trading, as well as the benefits and risks involved with each.This book is a must-read because of how easy it is to apply the strategies the author describes in the book. He gives a number of detailed strategies that cover entry and exit points, patterns to identify, and charts to use as well as other indicators.In this book, William K Bradford also focuses on the psychology of trading, and the steps you need to take to think like a great trader. Trading requires mental toughness, and in this book, he delves into the mindset of a trader, teaches you how to gain confidence, and shares how you can take responsibility for your failures.Whether you are starting out in day trading or looking to make your day trading more successful, having this book in your arsenal can help give you a better start.
S**V
Solid Info for Those Interested in Day Trading
This book was recommended to me by a guy I know who has been trading successfully for a few years now. I am very pleased I took his advice, as this really is a little gem of a beginner’s guide to trading.I have been trading for a few months now (just a few small live trades per week whilst I am learning the markets) and this book has been invaluable. I have read it multiple times now, as you know what they say about repetition when it comes to learning.There is lots of good information for trading beginners, such as the difference between various types of trading, like scalping, day trading and swing trading etc. There is also a lot of good info that covers basic fundamentals, such as logical methods for deciding your risk to reward ratio and using sensible lot sizes for your trades. There is also some brilliant info about trading psychology, choosing the right broker for your needs and the various different software platforms you can use to place your trades.This is a well written guide that after reading will enable you to take your new found knowledge and place a few trades to gain some real market experience (best to start of on a demo account to practise with before using your own hard-earned money).Really pleased I chose this book. I will be reading it again, and then re-reading it until I know it backwards.
D**J
I also returned this book
A very thin book in large print utilising double spacing to the max. I didn’t bother reading it. I could tell it was a rip off as soon as I opened it. It’s taking advantage of lockdown while physical book shops are closed. If you saw this in the flesh you wouldn’t bother parting with your cash for it. I recommend the Naked Trader. Full of easy to read information and amusing too!
A**A
Amazing
This book is an outstanding piece of research!!! I was attempting to break into stocks years ago and none of the beginner’s guides I came across made any sense, so I gave up. I decided to try again and some references captured the very basics such as "what is a stock?" "why is it important to invest?" but after that, I was sent back for a loop. I chose not to give up again and that's what brought me to the book.I have to note that this book is for day traders, not investors who invest their money for a long time. Based on my experience ( i am a beginner ) I think I like the day trading more than investing for a long time because I don’t want to sit on a share and maybe I need my money in a short period of time.I think you have to invest your money when you don’t need that money and investing is much better than putting your money into the bank ( the profit is much higher).The writing style sounds a little like a nice uncle or a good buddy describing something that doesn't have to be as complex as it appears. You'll be able to connect to your country's exchange because the stock trade definition is popular worldwide.
L**E
Quick, informative, friendly advice
Easy to read, and accessible. Logical advice that mostly makes good sense to a beginner. I have no plans to be a full time day trader as yet, but I have definately come out of the other side of the book feeling more confident regarding the research I now need to do. Thanks Mr Bradford
A**U
Very helpful
When you want to trade, you need to take into cnsideration some points.Speed of execution – Due to the high number of trades you might make in a day, speed of execution is important – as is getting the price you need, when you need it. Costs – The lower the fees and commission rates, the more viable day trading is. Active traders will be trading often – minimising these trading costs it vital Regulatory compliance – Make sure your broker is regulated. They will be legally obliged to protect your financial interests. The FCA (Financial Conduct Authority) are the UK regulator. Support – Look for online brokers with quick response times and strong customer support. A 24/7 UK call centre might be a plus, for example. Spreads, Leverage & Margin – As a day trader you want competitive spreads – you might also want certain leverage levels and low margins.For these points, this book so helpful. It will be good guide to you. Highly recommended
K**R
This book does not have very deep knowledge about day trading but a person who is very new
To the market can take their 1st step besides this book trader need to learn a lot explorea lot what else are there in the trading world .
A**.
Day trading for beginners
Very disappointed in this book. It's mostly fluff with a bit of good info, large printing, felt like the author was just trying to fill the pages. Finished it in about an hour.
TrustPilot
2 周前
1 个月前