Day Trading for Beginners
Make Winning Trades Using Simple and Proven Trading Strategies in the Financial Markets Today with Zero Trading Experience Required
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Get 3 months for £0.99/mo
Buy Now for £14.99
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Narrated by:
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Curtis Wright
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By:
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A.Z Penn
About this listen
Only 10% of day traders succeed. But if you take day trading seriously and put the work in, you could be one of them - and make great returns while limiting the risks you run.
Many people are tempted by the idea of day trading their way to wealth. The majority of them crash and burn, because they're not adequately prepared. But there's nothing stopping you joining the greats of trading history, like George Soros who made billions trading against the Bank of England, or James Simons, a math professor who designed his own quantitative trading system and ended up a billionaire.
Look at broker eToro's top trader list and you'll see people like you who have traded their way to success. Traders like:
- Jepp Kirk Bonde, who started in 2013 and makes a 31% return.
- Heloise Greffe, now a full-time trader who uses machine learning to refine her trades.
- Or you might look at Steve Cohen who day traded his way to $17 billion net worth, making $10 million a year.
And you could join them too!
But 90 percent of day traders fail. They fail because they make six big mistakes:
- They don't evaluate the risk/reward ratio of each trade.
- They bet the bank, instead of limiting each trade to a smaller percentage of their capital.
- They don't have the discipline to exit a losing trade, and don't use price targets or stop losses.
- They let their emotions run away with them.
- They don't spend time creating solid trading rules and back-testing the rules to make sure they work.
- They don't focus on the investments that give them the best opportunity of a profitable trade.
Even if you've never listened to a trading audiobook, you will understand how to become a successful day trader.
So if you want to understand how to make a lifestyle from day trading, then you should listen to this audiobook!
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2024 A.Z Penn (P)2024 A.Z PennListener received this title free
Clear explanations
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I used to view day trading as an impenetrable field reserved for finance gurus until I stumbled upon this eye-opening audiobook. It debunked the myth that only financial experts can succeed in day trading, presenting it instead as a feasible avenue for ordinary individuals willing to put in the effort. The clear breakdown of the common pitfalls faced by 90% of day traders who fail provided a sobering perspective on what not to do. From managing the risk/reward ratio of each trade to setting disciplined price targets and stop losses, the strategies laid out are practical and grounded in real success stories from traders like Jepp Kirk Bonde and Heloise Greffe. Their stories inspired me to approach day trading with a new mindset focused on disciplined investments and emotional control. If you're serious about cracking the day trading code and potentially joining the ranks of the top traders, this audiobook is an essential resource that could transform your trading strategy and financial future.
Ready to trade
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A Great Tool
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Very interesting read!
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GREAT STARTER GUIDE FOR NEW TRADERS
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