The Complete Guide to Day Trading is your own personal manual to success in the markets. This book loaded with easy-to-use information, proven and reliable strategies and guidelines, and a practical hands-on approach to them. Every day, millions of dollars change hands in the markets, presenting the perfect opportunity for people just like you to make significant money and profits through the art of day trading. But here’s the question: is day trading right for you? And, if it is, how do you get started? In his new three-part guide, professional day trading coach Markus Heitkoetter lays out a simple, proven system for trading success. From the basic essentials of trading to the actual process of making money in the markets, he’ll cover it all.
- What You Need To Get Started: The Tools, The Methods, The Mindset
- Finding the Best Market to Trade: Futures, Forex, Stocks, or Options
- A 7-Step Approach to Developing Your Own Profitable Trading Strategy
- The 10 Power Principles of Successful Trading Strategies
- Avoiding The 7 Common Mistakes of Traders
- Get Started Without Risking A Single Penny
- Ready-To-Use Trading Plan Templates, Checklists, Resource Directories, & More
Contents:
- WHAT IS DAY TRADING?
- WHO SHOULD BE DAY TRADING?
- IS IT REALLY POSSIBLE TO MAKE A LIVING AS A DAY TRADER?
- HOW TO GET STARTED – DEFINE YOUR GOALS AND MAKE A PLAN
- HOW MUCH MONEY DO YOU NEED TO GET STARTED?
- DETERMINING YOUR RISK TOLERANCE
- WHAT YOU NEED TO BEGIN TRADING
- HOW TO DEVELOP YOUR OWN PROFITABLE DAY TRADING STRATEGY
- STEP 1: SELECTING A MARKET
- STEP 2: SELECTING A TIMEFRAME
- STEP 3: SELECTING A TRADING APPROACH
- STEP 4: DEFINING ENTRY POINTS
- STEP 5: DEFINING EXIT POINTS
- STEP 6: EVALUATING YOUR STRATEGY
- STEP 7: IMPROVING YOUR STRATEGY
- MAKING SURE THAT YOUR TRADING PLAN WORKS
- THERE’S MORE TO TRADING THAN JUST HAVING A STRATEGY
- THE SEVEN MISTAKES OF TRADERS AND HOW TO AVOID THEM
- THE TRADER’S PSYCHE
- THE THREE “SECRETS” TO DAY TRADING SUCCESS
- THE TENETS OF DAY TRADING
- HOW TO START TRADING WITHOUT RISKING A SINGLE PENNY
