Day Trading Strategies, Andrew Elder
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Details

Day Trading Strategies

Author: Andrew Elder

Narrator: Alexander Aziz

Unabridged: 5 hr 20 min

Format: Digital Audiobook

Publisher: Author's Republic

Published: 10/14/2022

Genre: Business & Economics - Finance

Synopsis

What exactly is Day Trading?Who participates in the process?Can and should you be involved in earning by investing money and creating a continuous income?Day Trading is purchasing and selling 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, 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 from losing all your money, and stay in the game.• Real and Applicable Techniques: Earn and Become Independent with Trading to give you the financial freedom you want, 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 must 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.

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