Day Trading for Beginners

Learn the Best Strategies on How to Profit Using Trading Tactics, Tools, Psychology, Money Management, and Generate Passive Income

By: Michael Branson

Narrated by: Sam Slydell

Length: 3 hrs and 3 mins

Publisher's summary

Understanding how financial markets work is crucial to making sure that global and economic markets are stable. Market participants (traders) vary due to their capital endowment, financial motivation, and the type of trading activity. Each activity is also subject to different regulations depending on how sensitive it is and the country that it is based.

One of the trading strategies that many traders have come to love is day trading. This is a process whereby you buy and sell stocks on the same trading day. This is different from other types because the trading activity continues even after the marketing hours have closed.

Traders that buy and sell using this method of trading are called day traders. The time allows you to run dozens of trades in a single day or run a single trade. You might decide to buy a stock the first day and then sell it the next day, that is if you realize that selling the same day might not prove profitable.

The standard practice is for traders to close trades at the end of the day. Trades usually last a few minutes or seconds. These traders do this because they want to avoid any risks that arise out of price gaps between the closing price on the day of buying the stock and the opening price of the next day.

Just like any other day, these traders make quick profits and also quick losses in such a short period of time. The good thing is that day trading gives you a chance to make decisions based on analysis of patterns.

Day traders study the general market and the price and volume movement of the stocks. They then use fundamental and technical analysis to keep themselves abreast with the latest news items in order to make the right decisions.

With the right decisions come better profits and satisfaction from all you do on the market.

©2019 Michael Branson (P)2019 Michael Branson

Love the narrator's voice

Listening to the narrator's voice was so lovely! This a book that you must-have whether you've already tried to enter the world of Day Trading, without success, and whether it's the first time you hear about all this, This day trading book will teach you the techniques, strategies, tactics, and tools to achieve your goals.

reliable source

I started trading while working on my finance degree and have been doing so here and there since then. I realized I didn’t know everything I needed to know so I bought this book on a whim.

helped a lot!

I like the fact that the real truth about day trading is fully explained. Both good and bad. This helped a lot!

crystal clear

If you are thinking about day trading as a profession, or if you are already doing that but want to continue learning new ideas, then this is a great starting point. It is well written in an easy to read style.

Imperative day trading book

I would say that this is an imperative guide if you want to start your trading career. The author provides amazing strategies on how to start day trading right away and overcome your emotions even if you're just new or having no previous experience of the markets.

5 stars

I'm a new to day trading and this audio book provided a well-detailed information to boost my confidence to continue my journey in trading industry. Hoping that it I can follow all the important details and information in order to make a profit.

A must-have day trading book

I highly recommend this audio book to everyone particularly for the beginners like me. After listening to it, you'll definitely learn more knowledge and able to know the techniques on how to win the market.

Highly recommended

After listening to it, I can say that I gained more knowledge and able to stand by own just by following the steps I learned. I highly recommend this book to everyone especially for the newbies like me.

A good guide

This audiobook is great for someone who has never day traded before. The author does a great job providing the basics and giving you a good overview of how to get started day trading.This book provides good basic knowledge for beginners.

Educational

This was an extraordinary educational book about stock exchanging to the amateurs. In this book you will get a reasonable thought regarding stock exchanging.