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How to Day Trade: The Plain Truth is a book of straight talk about what it really takes to become a day trader, and how to learn what you need to know.
Do you think you know what day trading is really about? If so, where did you get your information? Social media is full of people claiming that they made a killing on a stock. Just as many people will warn you to stay away from day trading because they lost everything on some “sure thing” that went bad in a hurry.
So what should you believe? How to Day Trade: The Plain Truth is the first book to talk candidly and in detail about how to become a day trader. It’s written by me, Ross Cameron, the guy who turned $583 into more than $10 million. Though my results are not typical, they are fully verified and audited. I also have over one million subscribers who tune into my YouTube channel to watch me trade. They see both my winning trades and my losing ones. Yes, even I have days where I lose money. That’s just the reality, and that’s what I want to share with you.
This book is unique among day trading books in three ways:
First, it’s written by someone with documented success from more than 20,000 trades. Sure there are lots of people on social media calling themselves “day traders” who will try to impress you with one amazing trade. Insider tip: You should only be impressed if they offer you an independently audited record of ALL their trades: the winning ones AND the losing ones.
Second, of all the books for day traders, this one is unique: I clear away a lot of “head trash” that comes from social media, friends, and family who may have opinions but no real facts or deep experience with day trading. It addresses questions and opinions that most people have about day trading, like:
“If it is possible to day trade profitably, why haven’t the giant trading firms taken it over and monopolized it by this point?””If it’s possible for regular people to make consistent money by day trading, then why isn’t everyone doing it?””Day trading is gambling. Nothing more, nothing less.””What role does luck have in day trading?””I have a hard time believing that you will tell me exactly the methods you use to trade. If you did that, wouldn’t you lose your competitive edge?””I’m a gamer who’s incredibly fast with the keyboard. Why can’t I skip all the concepts and learning, and simply follow you as you trade?”
You will get specific, honest answers to all of these questions and more.
The third thing that makes this book unique is I have identified 20 specific “guardrails” over my many years of trading. These are rules I follow, plus some I wish I knew when I was starting out. They are incredibly useful to keep in mind during the heat of trading-and it does get hot.
If you’re looking for day trading books for beginners, this is the book to get. Plus if you feel like you’re not a beginner but your day trading is going nowhere, this could be the book to have in order to get you back on track.
As important as charts and financial ratios are, those things come later. If you’re thinking about day trading for a living, what you need to know first is whether day trading fits your personality, and how to avoid the biggest myths and mistakes that will cost you time and money.
Real day trading is not anything like what you see on social media. After you read this book, you’ll know why. You’ll also have a solid roadmap of day trading strategies to take, if you decide to explore this amazing profession.
From the Publisher
Ross Cameron at his day trading station. Ross trades in the morning between 8am – 12pm EST then spends the afternoon working on projects at Warrior Trading.
Ross Cameron and Warrior Trading are recognized by Business Insider and Investopedia
The Warrior Pro course taught by Ross Cameron and featured at Warrior Trading has been recognized by Investopedia as the MOST COMPREHENSIVE day trading course. The Warrior Pro Course has also ranked on Business Insider’s latest release of the Top Courses for Day Traders.
High-caliber learning for both beginners and advanced traders 100+ hr professionally designed curriculum
Turning $583.15 into over $10 million as a Momentum Day Trader
Ross Cameron is a Day Trader, Author, Founder of Warrior Trading, and YouTuber with +1million Subscribers
Ross Cameron is an American trader who turned $583 into over $10 Million in day trading profits. While his results are not typical, he has become well known in the trading community for his transparency about both gains and losses. Ross Cameron is also the founder Warrior Trading, an online community of day traders that offers customized trading software including stock scanners, stock charts, breaking news feeds, chat rooms, live broadcasts, and a suite of award winning educational courses.
How to Day Trade is written in a way that makes day trading easy to comprehend for beginner and advanced traders. At the completion of this book you will know whether or not day trading is a good fit for you. Ross Cameron is a third generation educator who has a natural ability to teach. He’s been recognized for his skill as a day trading mentor.
Concepts in Becoming a Day Trader & Learning How to Make a Living Day Trading
Understanding what day trading is and is not
Myths that can kill your day trading career before it ever starts.What it feels like to day trade and how it’s different from other investing.Mistakes people make when learning to day trade.You must absolutely do this if you want to avoid all kinds of pain.
How to handle risk and fear in day trading
Critical numbers you need to know before you ever place a trade.The toughest trait that you must cultivate in order to make it as a trader.The many faces of fear in trading.How to handle emotions when you’re in the heat of trading.
What you need to begin as a day trader
The minimum equipment you need to trade.Save your money: things you really don’t need.The minimum time and money you need to get started.The most-important advice for how to get started without “betting the farm.”
Getting better and better as a day trader
The key thing that saved my trading career, and how you can use it, too.The predictable stages most traders go through.How to know when you’re ready to move from a simulator to trading with real money.Seven specific steps to follow in your trading career.
ASIN : B0CM825Z81
Publisher : Warrior Trading (November 15, 2023)
Language : English
Paperback : 217 pages
ISBN-13 : 979-8218216979
Item Weight : 10.6 ounces
Dimensions : 6 x 0.49 x 9 inches
Customers say
Customers find the book great, interesting, and clear. They say it offers entry-level insight into the stock market and day trading. Readers also appreciate the honesty, authenticity, and relatability of the content.
AI-generated from the text of customer reviews