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How to Day Trade: A Detailed Guide to Day Trading Strategies, Risk Management, and Trader Psychology, by Ross Cameron
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Success as a day trader will only come to 10 percent of those who try. It’s important to understand why most traders fail so that you can avoid those mistakes. The day traders who lose money in the market are losing because of a failure to either choose the right stocks, manage risk, and find proper entries or follow the rules of a proven strategy. In this book, I will teach you trading techniques that I personally use to profit from the market. Before diving into the trading strategies, we will first build your foundation for success as a trader by discussing the two most important skills you can possess. I like to say that a day trader is two things: a hunter of volatility and a manager of risk. I’ll explain how to find predictable volatility and how to manage your risk so you can make money and be right only 50 percent of the time. We turn the tables by putting the odds for success in your favor. By picking up this book, you show dedication to improve your trading. This by itself sets you apart from the majority of beginner traders.
- Sales Rank: #54622 in eBooks
- Published on: 2015-11-06
- Released on: 2015-11-06
- Format: Kindle eBook
About the Author
Ross Cameron is at the Department of Landscape, University of Sheffield, UK.
Most helpful customer reviews
39 of 46 people found the following review helpful.
Infomercial
By Creative
Ultimately the book sounds more like an infomercial than anything else.
You might be able to pick an idea or two, and see how to develop them with your set of tools or in your own strategies, but basically if you are already trading, you are not the primary target audience of this book.
This book is more for wanna be traders looking for an ... "Entry Point". And they are in luck because Ross Cameron is offering a 1.000 - 5.000 $ courses. Actually I have no problem with that, but in this case the book and its title are clearly misleading, because you will not learn how to day trade, but you will learn that there is an "effective course" (!) that can (might) teach you how to.
Most of the content of the book is in free access on the author's site...Well, you know what?...On second thought this is absolutely an infomercial.
25 of 29 people found the following review helpful.
The book should be called how to actually make money consistently day trading
By Osirustwits
A very solid and in depth look at the business of day trading. Strongly suggest that if you are looking at getting into this you start here. Education is key and the more you learn before you start the more you can save in early trading losses. Remember bulls make money, bears make money pigs and sheep get slaughtered. Very well written, informative and yet easy to understand. I will definitely use some of the ideas learned here in my daily trading
5 of 5 people found the following review helpful.
Great Book Easy Read
By Eduardo Flores
Gives u all the basics you need to navigate in the stock market and breaks it down In a simple way.
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