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Day Trading for Beginners: The Psychology of Day Trading for Beginners

Narrated by: Derik Hendrickson
Length: 3 hrs and 27 mins
5 out of 5 stars (25 ratings)

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Publisher's Summary

Day Trading for Beginners: The Psychology of Day Trading for Beginners

Is day trading something you want to benefit from? In this minefield niche, you need the right advice on getting started so that you don’t waste your time or lose your money.

You’ve heard of that guy up north who made a small fortune after day trading for a couple of weeks. These stories have been floating around forever! This guide is not a get-rich-quick scam. It’s going to orientate you on the serious business of making money with day trading.

In Day Trading for Beginners, I carefully comb through the fine print of starting out as a day trader. You need to be equipped with the right mind-set, tools, and techniques so that from day one you’re fully invested and trading with purpose. That’s the only way you’ll come out on top.

In this introductory guide you’ll learn:

  • If day trading is for you and what it takes to be a successful day trader
  • Actionable tips to avoid common day trading mistakes and miscalculations
  • The tools and plans you’ll need to achieve your first daily target
  • To study order types and how to work with momentum trading
  • The A-Z of investing, trading and earning in this niche
  • To look at risk analysis and apply simple tips for ongoing success
     

Understand the psychology of day trading, to make an educated decision about shifting your resources to become a serious day trader.

Begin your day trading journey and earn more money doing less work every single day. The dream is within reach! All you have to do is start today. 

Become the day trader you’ve always wanted to be with this guide. Buy the book and learn how!

©2019 Tribe Metrics, LLC (P)2019 Tribe Metrics, LLC

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  • Overall
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Over $6000 in profit from techniques learned here.

One of the best trading books, its straight to the point and easy to understand! Heres hoping for a part two soon! I highly recommend buying this book, checking out his website, and watching all of his videos on YouTube. Everyday he posts a mid day market recap video that goes over the trades of the day and explains all the nuts and bolts that made the trades run.

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I have learned some ideas, strategies & concepts.

Good read and easy to understand. I have learned some ideas, strategies & concepts from the book that I already have put in place and I have seen positive results.

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very simple and straightforward.

I hope to make money with this book. Seems very simple and straightforward. The method used by the author is excellent and he provides many chart examples to show/explain exactly how it works. Really opened my eyes about day trading

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Psychology of Day Trading for Beginners.

This book devotes a whole chapter, and scattered comments, attempting to remind you to never use your principle and to not let emotion guide you through the buying and selling process.It is an excellent handbook and I know it helps prepare our students at Online Trading Academy, for taking our seven day professional trading class. A lot of the terminology is artfully conveyed and the definitions given for many of the tools we use is easily understood and sorted out for the reader. The material is presented in a way that really drills down to what is truly important for beginners to focus on.

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Good Book

It explains the basics of stock trading and gives useful tips on how to successfully trade stocks. I assumes no previous knowledge. It is a good guide but remember to simulate trading every day at least two months to see if it works for you. Good book for the price.

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Amazing book with easy-to-understand explanations

Amazing book with easy-to-understand explanations on difficult matters. I highly recommend this book for whoever wants to start his/her trading life. This book-length is 3 hrs and 27 mins and narrated Derik Hendrickson explained it with the more clear way so that we understand it deeply and clearly.I have found it has already helped me clarify several "mushy" aspects of my investing routine and firmed them up. NOTE: This is not a "Do X and you will become a Millionaire in 6 months" type of book. And that is a good thing.

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I hope some will find this review most helpful.

Though this book is intended to be for begginners, I think even veterans traders can read it and make use of some of his words.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!

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Psychology of Day Trading for Beginners.

This was my very first read as it pertains to day trading. I must say that after reading it, it's provided me the ability to see just how many flaws there were in my approach to day trading. 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.

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Solid information for traders

This book is exceptional. It gave me what I wanted and I will build on the information using what I already know. The author is an engineer and being of a methodical/mechanical mindset myself, I was happy with the way he laid it all out. There is also good information on other topics for real beginners

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Nice audible book for listen more clear way.

I am new to Day Trading, and the advice given on how much money to put in is a very great insight. Author actually got me thinking a lot of things and I feel I still have much more to learn. It covers everything you need to know about Day Trading. And Chapter 2 which was the FAQ part can be very helpful to all beginners because their possible questions was answered. Nice audible book for listen more clear way.