Day Trading Truths And Lies

Trading is challenging for most people because they simply don't have information, tools or confidence to become successful. This book is important for beginners because it tells it like it is and gives an inside look at trading the financial markets giving you the reality on what the live market is really like, the way they are really run and tells you who runs them and what you need to do as a self-directed beginner to survive in them. Let’s face it, it’s a well-known fact that 97% of brand new self-directed investors and traders fail and lose all of their money, why does this happen? It happens because brand new self-directed traders enter into this business with a bunch of misguided grandiose ideas of making a million dollars from trading and while you can surely make millions of dollars from trading you would need to be using hundreds of millions of dollars of capital to do so, no joke. As a brand new self-directed trader you have no idea of the brutality and volatility that goes on in the live markets on a daily basis and that there are people in the live markets who will walk over dead bodies to get paid so make no mistake as a beginner and think you can go in the live market and beat them, you can’t. What you can do though is properly prepare yourself to trade with the best traders in the world and get paid right along with them instead of paying them. Once you have completed reading this entire book you will have a chance at competing with the best professional traders on the planet. The information in this book will put you on the fast track to being able to make an unlimited income for yourself and becoming consistently profitable enough from trading the financial markets to perhaps even making a living from doing it, isn’t that the type of business you would like to be in?

The Truth About Day Trading Stocks A realistic guide to day trading today's stock market In terms of the potential for heavy financial losses, day trading is a high-risk profession. No one should contemplate day trading without giving thought to the ways he can lose, and all the ways to lessen or avoid them. Yet many people enter the game with unrealistic expectations, unaware of what it takes to succeed. Seminars and software alone do not make a successful day trader, cautions author Josh DiPietro. Instead, a trader must learn hard lessons of self-discipline, consistency, and staying in the game for the long haul to have a real chance of success. In The Truth About Day Trading Stocks, DiPietro offers the amateur day trader a brutally honest look at the pitfalls of day trading and how to hopefully avoid them. Written in an engaging and sometimes humorous tone, The Truth About Day Trading Stocks draws on the author's own experiences as a day trader to offer a clear-cut departure from typical "golden goose" strategies promising instant wealth. Instead, he attempts to slow down the dangerous fervor of the average amateur and demonstrate the ways you can become a professional and not lose your shirt in the process. The Truth About Day Trading Stocks shows how trading decisions are bent and shaped by emotions, and why it is critical to know yourself, understand risk, and remember that increasing your skill level is a gradual, ongoing process there's always more to learn! After dispensing with popular illusions, DiPietro proceeds to offer realistic, practical trading advice comparing pay-per-trade with pay-per-share brokers, determining which works best and when, offering suggestions on how to avoid the prospect of perfect trades turning ugly, and more. At the end of the book, he also includes a section called "Rules to Remember," a list of over eighty rules, simply stated and easy to grasp, to benefit amateurs' performance. Throughout the book, the author describes his development of acute self-awareness while figuring out how to succeed. Through that blunt self-portrayal, the goal of The Truth About Day Trading Stocks is to help you create a disciplined mind-set and apply it to your own successful trading style.

Trading is absolutely the most difficult challenge that you will undertake in your life and will test your emotions, patience and be more than you ever could be prepared for as a self-directed beginner trader. While trading is certainly easy once you know what to do, learning it and becoming successful at it can be long and brutally hard or slow and consistent, that part is up to you. The brutal truth is that there does not have to be failure to gain success if you have the right information from the very first day you start off learning this business. Unfortunately though, brand new investors and traders are given mostly the wrong information and taught to do things that in the real world of trading in live markets are not even realistic to do and can cause them to lose money right away. Some of the things you will read in The Brutal Reality of Day Trading for Beginners are harsh for sure however they are the truth in trading. The Brutal Reality of Day Trading for Beginners is designed to give the brand new self-directed beginner investor and trader a harsh reality check on trying to do this business and not having thought it through or having and working from a rule based plan. The basic information they need to get going and start making money right away in the financial markets is within this short book. Everything that is in this book must be done by all brand new investors and traders. All successful market participants have had to do everything that is discussed in this book, there are zero shortcuts and should you try to take one and not learn what The Brutal Reality of Day Trading for Beginners tells you, you will most assuredly lose some or all of your hard earned capital. The information The Brutal Reality of Day Trading for Beginners will help you to cut down your learning curve and put you on the fast track to making real income from the live financial markets right away if you can grasp the basic principles right away. There is no timetable set in stone on how long it should take to learn to do this business the right way from the first day, you don’t need to be in any hurry because the market is always going to be there waiting to pay you!

How to Day Trade: The Plain Truth is a book of straight talk about what it really takes to become a day trader, and how to learn what you need to know. Do you think you know what day trading is really about? If so, where did you get your information? Social media is full of people claiming that they made a killing on a stock. Just as many people will warn you to stay away from day trading because they lost everything on some "sure thing" that went bad in a hurry. So what should you believe? How to Day Trade: The Plain Truth is the first book to talk candidly and in detail about how to become a day trader. It's written by me, Ross Cameron, the guy who turned $583 into more than $10 million. Though my results are not typical, they are fully verified and audited. I also have over one million subscribers who tune into my YouTube channel to watch me trade. They see both my winning trades and my losing ones. Yes, even I have days where I lose money. That's just the reality, and that's what I want to share with you. This book is unique among day trading books in three ways: First, it's written by someone with documented success from more than 20,000 trades. Sure there are lots of people on social media calling themselves "day traders" who will try to impress you with one amazing trade. Insider tip: You should only be impressed if they offer you an independently audited record of ALL their trades: the winning ones AND the losing ones. Second, of all the books for day traders, this one is unique: I clear away a lot of "head trash" that comes from social media, friends, and family who may have opinions but no real facts or deep experience with day trading. It addresses questions and opinions that most people have about day trading, like: "If it is possible to day trade profitably, why haven't the giant trading firms taken it over and monopolized it by this point?" "If it's possible for regular people to make consistent money by day trading, then why isn't everyone doing it?" "Day trading is gambling. Nothing more, nothing less." "What role does luck have in day trading?" "I have a hard time believing that you will tell me exactly the methods you use to trade. If you did that, wouldn't you lose your competitive edge?" "I'm a gamer who's incredibly fast with the keyboard. Why can't I skip all the concepts and learning, and simply follow you as you trade?" You will get specific, honest answers to all of these questions and more. The third thing that makes this book unique is I have identified 20 specific "guardrails" over my many years of trading. These are rules I follow, plus some I wish I knew when I was starting out. They are incredibly useful to keep in mind during the heat of trading-and it does get hot. If you're looking for day trading books for beginners, this is the book to get. Plus if you feel like you're not a beginner but your day trading is going nowhere, this could be the book to have in order to get you back on track. As important as charts and financial ratios are, those things come later. If you're thinking about day trading for a living, what you need to know first is whether day trading fits your personality, and how to avoid the biggest myths and mistakes that will cost you time and money. Real day trading is not anything like what you see on social media. After you read this book, you'll know why. You'll also have a solid roadmap of day trading strategies to take, if you decide to explore this amazing profession.

This book gives you the brutal truth of what happens in real life, in real time and in real money in the live markets every day. There are no short cuts and you must do the learning time if you want to drive your own money train. I try to keep the explanations clear concise, simple and uncomplicated. This book gives you substantial value and is going to be the foundation of your pre education if you are a brand new beginner. This book will be an excellent introduction for someone has zero or very little experience in the financial markets for what they can expect to research and learn if they want to have any chance at being successful making real money in the live markets. If you’re brand new this book will give you a head start and get you on the fast track, if you have a little knowledge already I hope this book can give you more information and help you learn something new. Use this book as an overview or a guide if you will, to what to study and learn first to become consistently profitable trading the financial markets. I give you concise information as to what to learn first that will make you money right away and what to look for as far as further information is concerned. I tell you only the most critical things to learn first because those are absolutely the most important and the ones that will make you money right away if you do them. This book is written to provide straightforward, easy to understand and easy to apply advice, tips and techniques that can be the backbone of any beginner traders success in the financial markets.

"Trading Realities" teaches investors and traders the universal principles that apply to every market. Augen illuminates key issues such as leverage, liquidity, risk, valuation, and the impact of events, and shows how to apply this knowledge to trade and invest more profitably.

This book will shed some light on what day trading is and also help you understand how you can profit from day trading. This book will not just throw information at you, but help you understand everything you need to about day trading before you begin. Over the course of this book, you will learn more about the different day trading strategies and also some tricks and techniques you can use to maximize your profits and minimize your losses. There are many myths around day trading, and it is important for you to know the difference between these myths and facts.

Day trading is difficult. The path is fraught with risk. But a pot of gold awaits those who learn their lessons well. After four decades in the markets as a trader, analyst, author, educator, and system developer, Jacob Bernstein sets down a comprehensive guide to the art of day trading. You will learn: New day trading methods Order entry strategies How to avoid costly errors when using electronic trading platforms Detailed strategies to maximize profits With this book, readers will have the complete guide they need to profit from this risky but exciting field. Trading profits are just a day away.