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Day Trading: How to Make Money Trading and Investing in the Stock Market (Money Matters Book 5)

Nigel Peterson
4.9/5 (28628 ratings)
Description:Day Trading: How to Make Money Trading and Investing in the Stock Market "AWESOME! This is one of the easiest books to read, understand, and actually start trading . . . just the raw details for daytrading begginer." Paul Singleton We are going to show you how to trade and actually make money instead of throwing it away on bad information and horrible advice! This is the essence of Day trading, but that doesn’t explain how Day trading actually works. Always keep your eye on how much money it takes to make more money. If you risk $10,000 to make $100, your return on investment is 1%. If you can do that 3 times a day, with minimal risk, that might work out. That could potentially be 15-17% per week (which is unheard of on a consistent basis). But the real world doesn’t move in consistent lines up or down. Keep that in mind as you learn about Day trading and develop your strategies for trading in and out of the markets. Day trading is not near as simple and concise as it may sound. Essentially it is the buying and selling of financial instruments within a single trading day. A day in market terms would be the normal trading day (9:30 AM Eastern standard Time until 4:30 PM Eastern standard Time). Example: I buy 100 shares of IBM at 9:30 am for $102.60 per share. I sell the same 100 shares of IBM at 9:46 for $106.60 per share. Maybe some activist investor started ranting from his soapbox that IBM is the next Apple, whatever the case was, I made a quick $400! Now, that’s a winning trade. Technically, my trading day could be done. If I could make $400 per day, for each of the 250 trading days per year, then you’d be pulling in a cool Pre-tax income of $100,000. Not bad at all. But nobody wins all the time, do they? Sometimes you make losing trades because the information you are trading on isn’t enough to get it right. You have to cut losers loose and let them go. Being able to take a loss is the hardest thing in trading, and if you don’t have the discipline to do it, you can’t be a Day Trader, point blank! If you can’t lose a little to save a lot, get out of the market and stuff your mattress, or give your cash to somebody who can separate emotions from investing and trading. Emotions have NO PLACE in the markets. They markets don’t care about you. They care about nobody. They’re a mechanism. A bunch of computers hooked up, run by more computers, and somewhere along the line, a bunch of mindless drones put in orders. So you can function within the standard seven-hour trading day when most of the action and movement really is, or you can into the wild West of extended hours trading and literally be making trades for about 15 hours a day. Can anyone make intelligent decisions for 15 hours a day? Maybe. I would advise against it, but I'm not going to tell you how to live your life, who to marry, or what kind of clothes you should wear to make you look thinner. I WILL teach you how to trade, and part of that is having a certain amount of risk tolerance. It is important to understand that a trader by definition is in and out of positions in time frames that range from just a few seconds all the way up to a couple of weeks at the longest. For the sake of our discussion we will assume a trader is more interested in market trends and volatility, rather than the bigger picture of a particular financial instrument or company and their propaganda. All the other details have usually been priced in to a stock. An investor is different.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Day Trading: How to Make Money Trading and Investing in the Stock Market (Money Matters Book 5). To get started finding Day Trading: How to Make Money Trading and Investing in the Stock Market (Money Matters Book 5), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
Format
PDF, EPUB & Kindle Edition
Publisher
Release
ISBN

Day Trading: How to Make Money Trading and Investing in the Stock Market (Money Matters Book 5)

Nigel Peterson
4.4/5 (1290744 ratings)
Description: Day Trading: How to Make Money Trading and Investing in the Stock Market "AWESOME! This is one of the easiest books to read, understand, and actually start trading . . . just the raw details for daytrading begginer." Paul Singleton We are going to show you how to trade and actually make money instead of throwing it away on bad information and horrible advice! This is the essence of Day trading, but that doesn’t explain how Day trading actually works. Always keep your eye on how much money it takes to make more money. If you risk $10,000 to make $100, your return on investment is 1%. If you can do that 3 times a day, with minimal risk, that might work out. That could potentially be 15-17% per week (which is unheard of on a consistent basis). But the real world doesn’t move in consistent lines up or down. Keep that in mind as you learn about Day trading and develop your strategies for trading in and out of the markets. Day trading is not near as simple and concise as it may sound. Essentially it is the buying and selling of financial instruments within a single trading day. A day in market terms would be the normal trading day (9:30 AM Eastern standard Time until 4:30 PM Eastern standard Time). Example: I buy 100 shares of IBM at 9:30 am for $102.60 per share. I sell the same 100 shares of IBM at 9:46 for $106.60 per share. Maybe some activist investor started ranting from his soapbox that IBM is the next Apple, whatever the case was, I made a quick $400! Now, that’s a winning trade. Technically, my trading day could be done. If I could make $400 per day, for each of the 250 trading days per year, then you’d be pulling in a cool Pre-tax income of $100,000. Not bad at all. But nobody wins all the time, do they? Sometimes you make losing trades because the information you are trading on isn’t enough to get it right. You have to cut losers loose and let them go. Being able to take a loss is the hardest thing in trading, and if you don’t have the discipline to do it, you can’t be a Day Trader, point blank! If you can’t lose a little to save a lot, get out of the market and stuff your mattress, or give your cash to somebody who can separate emotions from investing and trading. Emotions have NO PLACE in the markets. They markets don’t care about you. They care about nobody. They’re a mechanism. A bunch of computers hooked up, run by more computers, and somewhere along the line, a bunch of mindless drones put in orders. So you can function within the standard seven-hour trading day when most of the action and movement really is, or you can into the wild West of extended hours trading and literally be making trades for about 15 hours a day. Can anyone make intelligent decisions for 15 hours a day? Maybe. I would advise against it, but I'm not going to tell you how to live your life, who to marry, or what kind of clothes you should wear to make you look thinner. I WILL teach you how to trade, and part of that is having a certain amount of risk tolerance. It is important to understand that a trader by definition is in and out of positions in time frames that range from just a few seconds all the way up to a couple of weeks at the longest. For the sake of our discussion we will assume a trader is more interested in market trends and volatility, rather than the bigger picture of a particular financial instrument or company and their propaganda. All the other details have usually been priced in to a stock. An investor is different.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Day Trading: How to Make Money Trading and Investing in the Stock Market (Money Matters Book 5). To get started finding Day Trading: How to Make Money Trading and Investing in the Stock Market (Money Matters Book 5), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
Format
PDF, EPUB & Kindle Edition
Publisher
Release
ISBN

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