Do you want to start Day Trading but you don't know where to start?
If you are already familiar with the stock market or the forex market and want to take your interactions with your chosen market to the next level, then day trading is a great choice.
While it certainly has the potential to increase your earnings significantly, it also boasts an incredibly high skill ceiling with trades whose difference between success and failure is exceedingly slim. If you stumble in blindly you could be one of the countless masses that loses their shirt and washes out with their first trade or you could be one of the skilled few that strikes it rich practically overnight.
The dramatic learning curve is what Day Trading: A Complete Beginner's Guide to Start Day Trading has been written to dull, it discusses everything you need to know in order to get started day trading as quickly and effectively as possible. The act of day trading is one that is hotly debated these days, simply because like many ways of making large amounts of money in short periods of time it is easy for the uniformed to jump in blindly and lose their shirts before they have even properly gotten started. The truth of the matter is that day trading is like any other type of investment, never without risk but certainly far from random.
Unlike traditional investing, day trading is much more of an active full time job rather than a relatively passive way to make extra money on the side. If you hope to succeed in the long term when it comes to day trading, then you need to be willing to put in the time and effort to be successful day in and day out.
What this means is that even if you are confident when it comes to picking stocks or forex pairs, the lessons that you have learned over the years no longer apply. Day trading is its own beast entirely and that comes with its own set of strengths as well as weaknesses that you need to learn to overcome with the details found inside this book.
Some of the topics that we will explore in this guidebook include:
- Pros and Cons to help determine if Day Trading is for you
- The basics of Day Trading
- Characteristics of a successful day trader
- How to perform fundamental analysis
- How to do technical analysis
- Day Trading FAQ outlining answers to burning questions of new traders
- Momentum Trading strategies in the Stock Market & Forex Market
- Some of the best tips and tricks that a beginner can use to start Day Trading today
You will also learn about the specific considerations you will need to keep in mind when creating your own personalized trading plan to ensure you maximize your successful trade percentage as quickly as possible.