Day Trading Strategies for Beginners: How to Get Started as A Trader and Make Your First $100,000

Steven Gray

ZeroNever

About this ebook

Day trading as a lifestyle, appeals to most people. The fact that they can work from home, put in only a few hours every day, and take as many days off as they like makes it even more attractive. You also do not need to ask your manager or employer for leave before you can spend time together with your family and friends.

You are in charge, and you are responsible for all business decisions. If you look at it critically, such a way of living is alluring. Of course, if you also become an expert at day trading, you have the potential to earn far more money each day than those in other professions—you can make as much as thousands of dollars.

For example, an individual or a company invests $15,000 in a mutual fund, expecting a conservative annual return of 2%. This would result in a total gain of $300. However, if the same $15,000 is used by a skilled day trader to purchase stocks within a single day, they could earn a remarkable profit of 8% by the end of the day, amounting to $1,200. Consequently, if the trader continues trading with the same level of proficiency, it is possible to achieve profits significantly higher than 8% for a year.

This book has all the strategies you need to maximize your profit and avoid loss. You will also learn how to trade in liquid markets. These markets have sufficient trading volume to ensure ease of buying and selling positions without significant price fluctuations. Slippage can be avoided while trading on liquid markets, saving you hundreds or thousands of dollars.

 

Ratings and reviews

Love this book. I think one of the most important things a trader most adopt is the trading mindset: how to perform the best. This book does not only provide guide that will help in that decision-making but how to develop work ethics and skills to become a true trader. Day trading is the first step for anyone wanting to venture into trading long-term or short-term. The technological aids recommended in the book are more than awesome truly to make your first $100k.

Most recommended if you have never made profit trading any kind of stock option. You will understand the basics and also discover what the professionals don't want you to know. This book has been personally a revelation for how day trading works and how just anybody can make profit when following thee right strategy.

Very educative and excellent in terms of conversation. All the strategies are new to me and I'm grateful for day trading.