How to Day Trade: A Detailed Guide to Day Trading Strategies, Risk Management, and Trader Psychology by AuthorHouse

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Product Description

Ross Cameron's book is the perfect guide for a beginner day trader. The book explains effective day trading strategies and it gives insight into how day traders think, what setups they look for, how to pick trades for the day, and when to get out of the market. The book also focuses on the major reason people fail at day trading: risk management.

Manufacturer Description

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.

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