Becoming a Strategic day Trader : Beginner Guide to Trading Tools, Tactics and Trading Psychology to Become a Successful Strategic day Trader

By ANDREW AZIZ

Do you want to learn how to make money from the stock market in a short time?

Do you want to master the skills and strategies of successful day traders?

Do you want to achieve financial freedom and independence?

If you answered yes to any of these questions, then this book is for you!

BECOMING A STRATEGIC DAY TRADER is a comprehensive guide that will teach you everything you need to know about day trading, from the basics to the advanced techniques. You will discover: - How to set up your trading account and platform - How to analyze the market and identify profitable opportunities - How to manage your risk and emotions - How to develop your own trading plan and style - How to use technical indicators, chart patterns, and candlestick analysis - How to execute trades with speed and precision - How to avoid common pitfalls and mistakes - How to grow your capital and income over time This book is not a get-rich-quick scheme. It is a realistic and practical approach that will require your dedication, discipline, and hard work. But if you follow the advice and tips in this book, you will be able to achieve your trading goals and dreams.

 

 The book's pages provide a wealth of important information that is clearly presented and is geared towards readers who have some experience with day trading.

This book will teach you... How to choose a direct access broker, as well as the necessary tools and platforms. * How to start day trading as a company. * How to day trade stocks, not gamble on them. The planning of key day trading strategies; the specific entry, exit, and stop loss instructions for each trading strategy; and the management of the trading plan.

With this book, you'll have a bit by bit guide brimming with demonstrated systems to build your odds of coming out on top decisively.

You will figure out how to put resources into the securities exchange and, most importantly, how to recognize the best stocks on the lookout and how to esteem them.

You'll figure out how to perceive the data you really want and how to decipher chartsto accomplish exceptionally significant yields.

You will figure out how to open a portfolio all alone, comprehend how to differentiate it and make it productive.

You will become familiar with the psychological systems of expert brokers to accurately oversee takes a chance in circumstances where you really want to know how to settle on the ideal choices for transient exchanging.

This fast aide is ideally suited for:

Complete novices - regardless of whether you've never purchased a solitary stock! You will figure out how to deal with your ventures freely!
Individuals who have taken a stab at exchanging the past yet were fruitless because of mistaken data or sham courses
Existing brokers who need to improve their abilities and increment their acquiring potential
Any individual who needs the opportunity of making a full-time pay with part time exertion!
A portion of the data that you will find inside the book incorporates:

✅The 4 Significant Exchanging Styles with a total outline of the multitude of various sorts to assist you with picking the best for your requirements

✅The 6 Significant Exchanging Stages with subtleties and contrasts to assist you with picking your web-based representative

✅Central and Specialized Examination for Day Exchanging and every one of the mysteries you want to turn into an expert broker

✅Step by step instructions to peruse Japanese candle to comprehend what the market or cost is doing so you can settle on fitting choices

✅Backing and Obstruction: one more of the main exchanging ideas. You will figure out how to remember them with numerous useful models

✅The 4 classifications of pointers: in particular pattern, volume, energy and unpredictability markers to decipher market data

• Language: English
• Publisher: PRECIOUS MILLS
• Release date: Jan 5, 2024
• ISBN: 9798224603480

Book preview

Becoming

a

STRATEGIC

DAY

TRADER

Beginner Guide to Trading Tools, Tactics and Trading Psychology to Become a Successful Strategic Day Trader

Andrews Aziz

COPYRIGHT@2023 BY KELVIN S. Le

All Right Reserved.

THE MORAL RIGHT OF the author has been asserted. Apart from the fair dealing for the purposes of private study, research or review as permitted under the Copyright designs and patents act 1998, no part of this publication may be reproduced, stored in a retriever system, or transmitted in any form by means of electronic, mechanical, photographing, recording or otherwise, without the permission of the author who is the Copyright owner.

TABLE OF CONTENTS

DEDICATION

DISCLAIMER

INTRODUCTION

CHAPTER 1

CHALLENGES AND REWARDS FOR TRADERS

Personal Financial Freedom.

Voracity, Dread And Other Financial Pitfalls

CHAPTER 2

THE ROAD TO SUCCEED IN TRADING

Characteristics Of  Losing Traders

Characteristics Of Winning Traders

WHAT YOU NEED TO BE AWARE AS A BEGINNER

Qualities of A Winning Trader

Understand How Trading Function

Propensities For Winning Traders

The Solution is Inside Yourself

CHAPTER 3

YOU SHOULD HAVE AN EDGE

What is a trading edge?

Instances Of Trading Edges

How To Find & Develop Your Personal Trading

Optimize Your Trading Edge

CHAPTER 4

GET EMPLOYED-SELF EVALUATION

What Is Self Evaluation?

Instructions to Compose a Self Evaluation

Advantages of Self-Evaluation For Administrator And Employees

Advantages of Self-Evaluation For Administrator And Employees

CHAPTER 5

CHOOSING WHAT TO TRADE

Kinds Of Trading  You Should know

Trading based on Mean Reversion;

Trading Based On Timeframe:

Trading Based on Analysis Technique:

Trading Based on Resource Class:

CHAPTER 6

CRYPTO TRADING

What Is Crypto Trading?

Advantages of Crypto Trading

Disadvantages of Crypto Trading

Tips for Successful Crypto & Stock Trading

Getting Started with Crypto Trading

How Much Money You Need To Begin Trading

Why You Must Trade

CHAPTER 7

DAY TRADING AND HOW TO GET STARTED.

What Is Day Trading?

How To Become A Successful Day Trader

THE PATTERNS OF DAY TRADING FOR BEGINNERS

Methods To Pick A Broker On Day Trading.

Techniques Or Strategy Of Day Trading.

The 3 Kinds Of Orders For Day Trading

Why Most Day Traders Loses

The Stages Day Traders Lose Cash

How Much Money You Need To Begin Day Trading

CHAPTER 8

TRADING STRATEGIES ( DAY TRADING)

Step by step instructions to Choose Stocks For Day Trading

The Kinds of Strategies Day Traders Use

How To Determine the Liquidity of a Stock

The Risk Of Day Trading

CHAPTER 9

THE POWER OF TRADING-PLAN

The Important Of Having A Trading Plan

Negotiate How Compounding Work In Trading

The Benefits of Compounding.

The Formula & Equation For Compounding

Techniques for Maximizing the Power of Compounding

Conquering Or Overcoming Obstacles Of Compounding

The Benefits Of Tolerance And Discipline

CHAPTER 10

HABIT OF SUCCESSFUL TRADER.

Tips For Successful Trading Plan.

CHAPTER 11

PROPRIETARY TRADING

What Is Prop Trading?

The Prerequisites Of Proprietary Exchange And How It Functions

The Benefits Of Proprietary Trading.

CONCLUSION

DEDICATION

This book is dedicated to my friends, colleagues, students, and practitioners of the great art of trading and quick start guide of trading. To those men and women

who bravely became professional and successful in Day trading upon which our companies and nations depend. You are the true

heroes and heroines of our competitive Exchanging system.

DISCLAIMER

Some people say, there is no extreme achievement course for trading, however similarly as with numerous things throughout everyday life, being focused and predictable should have been visible as key to succeed in trading. It might take more than one attempt and a persistence to see if a specific system is working.

Beginner traders frequently abandon their plans when they face their most memorable misfortune and move to another methodology trusting it will work better.

Remain restrained and reliable, concentrate on the subtleties of your trading meetings and plan your subsequent stages just with an unmistakable understanding of what functions admirably and what doesn't.

This book (How to Become a Successful Strategic Day Trader) by Kelvin S. Le, is a fantastic book that can guide you on your path to becoming a successful trader. Kelvin shares his personal insights and experiences, covering topics such as financial management, technical analysis, trading psychology, day Trading experience, and developing a winning mindset.

This book provides practical strategies and tips to help you navigate the fast-paced world of Cryptocurrency and day trading.

INTRODUCTION

Trading is the buying and selling of protections, like stocks, securities, monetary standards and products, rather than investing, which recommends a purchase-and-hold system. Trading success relies upon a broker’s capacity to be productive over the long run.

it’s a significant piece of the worldwide economy, assisting with furnishing organizations with new business sectors prodding development and expanding versatility. By broadening and growing a business’ client base, the benefits of exchange can be significant; from giving extra income to streamlining pinnacles and box in buying cycles.

The United States is the world’s biggest economy and the biggest exporter and shipper of labor and products. Exchange is basic to America’s thriving - filling financial development, supporting steady employment at home, increasing residing expectations and assisting Americans give for their families reasonable labor and products.

In 2017, the U.S. was the world’s biggest labor and products trading country, with commodities of labor and products adding up to $2.35 trillion.

As indicated by the World Bank, economies that exchange all the more for the most part become quicker, are more useful, more creative and have higher salaries. Moreover, exchange as a rule benefits lower-pay families by expanding contest on the lookout and assisting with keeping costs lower.

Different benefits of trading incorporate the far and wide friendly benefits, going from expanded social open door because of the monetary benefits of Trading, to expanded item assortment on the lookout. Also, exchange can assist with working with social trade between countries all over the planet by bringing items starting with one corner of the globe then onto the next.

Benefits of Streamlined Commerce

As per trading bits of knowledge, deregulation gives the two organizations and customers more and better admittance to the items and administrations from another nation or monetary coalition - presenting new items, administrations and innovations, and benefiting buyers by keeping costs serious.

Furthermore, deregulation assists with making it more straightforward for organizations to enter a worldwide market. This assists organizations with laying out new clients and develop their business.

By bringing hindrances down to enter new business sectors, one of the critical benefits of deregulation is that it considers more open doors for organizations to develop. Also, customers benefit from expanded rivalry and new items and administrations.

ONLINE TRADING

Online trading is a demonstration of buying and selling monetary items through an online trading stage. Stocks, bonds, choices, prospects, and monetary forms can be generally exchanged online. These stages are ordinarily given by web based handles and are accessible to each individual who wishes to attempt to bring in cash from the market. You can instruct yourself on your investment choices, place requests to trade, and perhaps make (or lose) a lot of cash while never addressing an intermediary or leaving the solace of your home.

ONLINE TRADING HAS a great deal of benefits; here are the 7 principal benefits:

It is helpful

With regards to online trading, you just have to open a trading account by means of web and you’re all set. You’re not limited by overall setting as long as you have a web association. Consequently, online trading is helpful and open from anyplace with restricted problem. It likewise saves time.

It is less expensive

In online stock trading, the stock merchant expense which you should pay is lower when contrasted with the commission charged by conventional strategy. On the off chance that you exchange an adequately huge volume of stocks, it is workable for you to have the option to arrange your specialist’s charges.

You can screen your investments whenever

Online trading permits you to trade shares as indicated by your accommodation. It offers progressed interfaces and the capacity so that financial backers might perceive how their cash is performing over the course of the day. You can utilize your telephone or your PC to assess your benefit or misfortune.

It nearly kills the broker

Online trading permits you to exchange with practically no immediate specialist correspondence. Aside from lessening the general trading cost, this benefit additionally makes the trading bother free, making this help considerably more rewarding.

A BROKER OR BACKER has more prominent control

Online dealers can exchange at whatever point they wish to. Then again, in customary trading, a financial backer might be stuck until the person can contact their agent or when the dealer can put in their request. Online trading permits almost immediate exchanges. Likewise, financial backers can survey every one of their choices as opposed to relying upon a specialist to let them