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How to Day Trade for a Living
- A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology
- Narrated by: Kevin Foley
- Length: 6 hrs and 56 mins
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Publisher's Summary
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 audiobook, 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 audiobook short so you can actually finish listening to it, and not get bored by the middle.
For beginner traders, this audiobook gives you an understanding of where to start, how to start, what to expect from day trading, and how to develop your strategy. Simply listening to this audiobook, however, will not make you a profitable trader. Profit in trading does not come with listening to an audiobook or two, or browsing online. It comes with practice, the right tools, software, and appropriate ongoing education.
Intermediate traders may benefit from the audiobook's extensive overview of some of the classic strategies that the majority of retail traders regularly use with proven success. If you think you are beyond the stage of a novice trader, then you may want to jump ahead and start listening to Chapter 7 for an overview of the most important day trading strategies:
ABCD Pattern Trading Bull Flag Momentum Trading Top Reversal Trading Bottom Reversal Trading Moving Average Trend Trading VWAP Trading Support and Resistance Trading
For each strategy, I explain:
How to find the Stock in Play for trade What indicators I am using on my charts When I enter the trade When I exit the trade (profit taking) What is my stop loss
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
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What listeners say about How to Day Trade for a Living
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
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- N
- 2020-12-25
very practical and informative
Andrew explains the concepts in an easy to understand manner for beginners! learnt a lot from the book!
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- adam k
- 2018-02-19
excellent foundation for day trading
I'm new today treating and I picked up this book based on a friend's recommendation. it far exceeded my expectations and Upon finishing the book I had a much better understanding of the market and various strategies for day trading. Andrew provides you with everything you need to know if you're considering entering into a day trading career, as well as all the important pitfalls and mistakes new traitors experience. definitely well worth your money!
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- Rashmi
- 2021-01-17
must read for day traders
loved it, Andrew has explained trading rules in simple way , specially opening trade rule
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- Vaughan Adams
- 2019-01-13
I recommend this book to any trading newbie
Fantastic at getting the key principles of day trading across in a simple manner. Definitely a buy if your new to markets. And even if your not, its a great refresher.
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- Anonymous User
- 2020-07-18
pretty good
Overall the book is very good. It explains what type of person may be good at day trading. Personally it has encouraged me to consider this as a possible career. The book is also good at explaining what to expect in terms of learning curve and typically how day traders spend their day, and has some very good insights into why people fail.
I would like however more detail in the following : what is the typical dollar cost to complete your education. He does give some prices but I would also have liked it if he included the typical price of being in his chatroom.
Also I would have liked to have more detail on how to recognize and avoid institutional trading and more detail on why this avoidance is not that difficult in day trading. Everyone I talk to say day trading is impossible because you can't beat the computers, and Andrew does touch on this, but I need more detail in his reasoning.
Also, in general, when teaching (and andrew is a very good teacher), I would like more emphasis on answering the question why. This is how I learn. I need to know why and how. Otherwise, it will not stay in my head. I don't like memorizing things.
Also I like examples.
I like the fact that he emphasized a big problem most people don't touch on. Most people make TERRIBLE TEACHERS. Andrew is a good teacher. He may even be an excellent teacher.
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- M.W.
- 2021-06-18
Read this Trading Book First!
This book is written by an experienced, Consistently Profitable Trader (CPT). It's an introductory book, provides the basics and moves into intermediate materials. I fully recommend it! It's worth the cost and most importantly, it's worth your time. Enjoy this book. One day it will be a classic. It might just change your life :)
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- Anonymous User
- 2020-04-06
Informative & Preparing you for the right Mindset.
Whether you are an new to Day Trading or more advanced it will benefit you. It restructures you to become better and stricter with yourself in order to regain full control of yourself if you are serious about having Day Trading as a career. Loved that!
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- Amazon Customer
- 2021-07-24
Trade with Andrew’s mindset
The best day trading book ever. It has all the information that I needed to start as a day trader
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- Blake
- 2019-08-05
Start with this book to see if trading is for you!
I listened to this book straight through the first time and was blown away, and have since gone back with a fine toothed comb. I have visited many day traders books, websites, chatrooms, and YouTube channels. I can say Andrew provides you with the most honest, down to earth, and practical look at day trading to see whether or not it is for you. No click-bait or Lamborghinis and bikinis, just straight up day trading from someone who loves to trade. The fact this book's first edition was 2015 and Andrew decided to write and publish it while he was still learning as a trader gives me utmost respect for this man. Check out Bear Bull Traders YouTube channel to see his community trade everyday. It is a beginners guide, nothing more, nothing less. I will definitely be picking up his Advanced Techniques in Day Trading. Thank you Andrew!
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- Tara Campbell
- 2020-10-15
My new career...maybe.
I’ve listened to this book twice now. The first time I listened passively and found the information interesting. The second time I listened like I was attending a university lecture. I spent three weeks listening, re-listening and taking notes. There is a wealth of information here.
The format of the book flows smoothly with each section building a foundation for the next. I found it straightforward to understand and follow.
As of today I am looking at day trading as a new career and am about to start training on a simulator. It’s not a new career yet but could be.
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