About the Book

Very few careers can offer you the freedom, flexibility and income that day trading does. As a day trader, you can live and work anywhere in the world. You can decide when to work and when not to work. You only answer to yourself. That is the life of the successful day trader. Many people aspire to it, but very few succeed.

In the book, I describe the fundamentals of day trading, explain how day trading is different from other styles of trading and investment, and elaborate on important trading strategies that many traders use every day. I've kept the book short so you can actually finish reading it and not get bored by the middle.

For beginner traders, this book gives you an understanding of where to start, how to start, what to expect from day trading, and how to develop your strategy. Simply reading this book, however, will not make you a profitable trader. Profit in trading does not come with reading a book or two or browsing online. It comes with practice, the right tools and software and appropriate ongoing education.

Intermediate traders may benefit from the book's extensive overview of some of the classic strategies that the majority of retail traders regularly use with proven success.

About the Author

Less than one year before it hosted the 2010 Winter Olympics and Paralympics, I moved to Vancouver, Canada, rolled up my sleeves, worked hard, earned a PhD in Chemical Engineering from the University of British Columbia, and went to work as a research scientist. Like so many others, as the economy faltered, I heard those dreaded words, "you're no longer needed". Now what?

With the same drive and determination that led to my success at university, I started studying the stock market. How can someone sitting at home, in front of their computer, beat Wall Street at its own game?

About the Reviews

I'm a very experienced day trader of over 20 years. With the coming of HFT and other changes, it has been necessary to adjust my methodology. Scanning for stocks in play and trading unknown stocks is an approach I have resisted for my entire career but I think I have to go there now. I won't do it without a solid method/plan and a hard set of rules. I'm not too proud to look at a "beginner" book to figure out how to do this. This book is exceptional. It gave me what I wanted and I will build on the information using what I already know. The author is an engineer and being of a methodical/mechanical mindset myself, I was happy with the way he laid it all out. There is also good information on other topics for real beginners such as the importance of risk management, emotional control which are important.

I will recommend this book to people who ask me how to begin day trading.

*********************************

This was my very first read as it pertains to day trading. I must say that after reading it, it's provided me the ability to see just how many flaws there were in my approach to day trading. I am a newer trader having started my journey only six months ago. This book showed me there were things that I have done right (broker, platform, computer, scans, education, & paper trading). That being said, this was the first opportunity to be exposed to what I was lacking (the discipline aspect of what a successful trader needs to do each and every day). Specifically, the planning and writing out a detailed approach before you enter a ticker. The book also cleared my head and reassured me that it was OK to focus on only one or two setups. This reassurance is exactly what I was missing and Andrew Aziz opened my eyes to it. His style of writing makes it very easy for the novice trader to follow along and make sense of the information. He doesn't sugar coat the complexities or obstacles that are part of the market. On the flip side, he provides you the blueprint on how to overcome these pitfalls and establish the level of confidence to make a living and thrive as a day trader. Of all the money I've spent getting myself ready to trade, the cost of this book, was the most valuable.

*********************************

I've been a trader for about 5 years, mostly swing trading and some day trading. I thought this book gave me some very helpful pointers with regard to how to identify day trading candidates, which technical indicators are more important and how to regard them, and what additional tools are available to me. My only negative feedback is that the book indicated I could join the chat room for free and when I emailed the author he told me this was not the case. I also think he could benefit from including just a couple more technical indicators like the Directional Moving Index and Fibonacci Retracement.

Product Info

Paperback: 228 pages
Publisher: CreateSpace Independent Publishing Platform; 1 edition (July 28, 2016)
Language: English
Average Customer Review: 4.4 out of 5 stars 125 customer reviews

Check out this Book

More in category

Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence
January 27, 2019PUBLISHER_
Why Didn't They Teach Me This in School?: 99 Personal Money Management Principles to Live By Why Didn't They Teach Me This in School?: 99 Personal Money Management Principles to Live By
February 07, 2019PUBLISHER_
Unshakeable: Your Financial Freedom Playbook Unshakeable: Your Financial Freedom Playbook
January 08, 2019PUBLISHER_
Unscripted: Life, Liberty, and the Pursuit of Entrepreneurship Unscripted: Life, Liberty, and the Pursuit of Entrepreneurship
January 16, 2019PUBLISHER_
Think and Grow Rich Think and Grow Rich
December 04, 2018PUBLISHER_
The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness
November 23, 2018PUBLISHER_
The Simple Path to Wealth: Your road map to financial independence and a rich, free life The Simple Path to Wealth: Your road map to financial independence and a rich, free life
August 10, 2018PUBLISHER_
The Science of Getting Rich The Science of Getting Rich
January 30, 2019PUBLISHER_
The Richest Man in Babylon The Richest Man in Babylon
July 11, 2018PUBLISHER_
The Power of Zero, Revised and Updated: How to Get to the 0% Tax Bracket and Transform Your Retirement The Power of Zero, Revised and Updated: How to Get to the 0% Tax Bracket and Transform Your Retirement
December 13, 2018PUBLISHER_
The Personal MBA: Master the Art of Business  The Personal MBA: Master the Art of Business 
September 27, 2018PUBLISHER_
The One-Page Financial Plan  The One-Page Financial Plan 
September 16, 2018PUBLISHER_
The Neatest Little Guide to Stock Market Investing: Fifth Edition The Neatest Little Guide to Stock Market Investing: Fifth Edition
January 08, 2019PUBLISHER_
The Millionaire Next Door: The Surprising Secrets of America's Wealthy The Millionaire Next Door: The Surprising Secrets of America's Wealthy
January 14, 2019PUBLISHER_
The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime
December 28, 2018PUBLISHER_
The Little Book of Common Sense Investing The Little Book of Common Sense Investing
November 10, 2018PUBLISHER_
The Financial Peace Planner: A Step-by-Step Guide to Restoring Your Family's Financial Health The Financial Peace Planner: A Step-by-Step Guide to Restoring Your Family's Financial Health
December 14, 2018PUBLISHER_
The Compound Effect The Compound Effect
December 14, 2018PUBLISHER_
The Book on Rental Property Investing The Book on Rental Property Investing
September 12, 2018PUBLISHER_
The Book on Investing In Real Estate with No (and Low) Money Down The Book on Investing In Real Estate with No (and Low) Money Down
October 29, 2018PUBLISHER_
The Barefoot Investor: The Only Money Guide You'll Ever Need The Barefoot Investor: The Only Money Guide You'll Ever Need
November 11, 2018PUBLISHER_