DAY TRADING STRATEGIES author ANDREW ELDER
What exactly is Day Trading?
Who participates in the process?
Can and should you be involved to earn by investing money and create a continuous income?
Day Trading is the purchase and sale of a security within a trading day. This can happen in any market, but it is more common in the foreign market (Forex) and the stock market.
In general, daily traders are well-educated and well-funded. They use high amounts of leverage and short-term trading strategies to take advantage of small price changes in highly liquid stocks or currencies.
Daily Traders serve two critical functions: they keep markets efficiently through arbitrage and provide much of the markets' liquidity (especially in the stock market).
With this guide, you will plan step by step your path to achieving a winning trading strategy.
Whatever your trading method, you will need a strategy; whoever decides to invest their money, regardless of the time horizon, cannot do without a strategy that works: why? Because a trading strategy will allow you to avoid the emotionality, temptations, the euphoria of successes, and the despair of failures.
In this guide, you will discover:
• How To Manage Risk In Day Trading To Stop Loss And Take Profit to help you cut down losses, protect your account to lose all your money, and stay in the game.
• Real and Applicable Techniques To Earn and Become Independent with Trading to give you the financial freedom you are looking for, minimizing risks and maximizing profits.
• How To Improve Your Mindset For Trading; not all traders can be rational. If you want to invest in Trading and become a great trader, you have to learn to be one; getting the right mindset is crucial to address Trading's emotionality positively.
• The Best Technical Analysis to Understand Where and When Trading; too many indicators provide redundant and unnecessary information that makes them lose sight of the situation; the best rule is, keep it simple.
• Which Market To Trade And With Which Broker; relying on a regulated and authorized broker is a significant step, such as paying attention to the fact that the offer of platforms of the broker you are choosing and evaluating is suitable for your trading style.
• … & Lot More!
Day trading is probably the most common trading strategy among individual investors. Daily fluctuations in exchange rates and the opportunity to leverage a multiplier make it possible to exchange currency pairs, equities, and many other assets daily.
However, if not applied correctly, even the best trading strategy will give rise to unsatisfactory results.
This super guide will explain step by step everything you need to know to start orienting yourself in the world of day trading in peace and get the best results without risking your money.
So fasten your seatbelts; you’re about to enter one of the most exciting activities in the world!