39 Key Insights of Successful Stock Day Trading

39 Key Insights of Successful Stock Day Trading

By Stephen Collins

Preface
If you really want to be good day trader then you should not just rush in to buy and sell any stock without any analysis. This will lead to losing your money today or tomorrow. You should use research and follow strategies to help determining where and when to buy and sell your stock positions. I have included few strategies here for your help but would request you to learn these first and do paper trade before starting real trading. Make sure to paper trade at least 21 days to enable you to understand the positive and negative of your selected strategy. This book will enable you have better portfolio decisions, even if you decide not to become a day trader. I want to let you know in advance that ultimately, market is the best teacher. The more you understand the information that traders want to see, the better you’ll understand what the markets are telling you.

Learn the concepts first then test them in dummy market conditions before starting real trading.

Stephen Collins

Content:

Pointer-1-What Is Day Trading?
Pointer-2-How to start trade?
Pointer-3-How to Develop Trading Strategy?
Pointer-4-Technical Analysis
Pointer-5-The 10 Power Rules:
Pointer-6-The Common Mistakes which a trader should avoid.
Pointer-7-The Soul of Trader
Pointer-8-The Magical help for your Day Trading
Pointer-9-Research techniques used in day trading
Pointer-10-Using technical analysis to forecast prices
Pointer-11-Gleaning information from the charts
Pointer-12-Different approaches to technical analysis
Pointer-13-Pitfalls of technical analysis - Avoiding the traps that technical analysts can fall into
Pointer-14-Studying the psychology and moods of the market
Pointer-15-Measuring the flow of Money
Pointer-16-knowing what all information to look for during the trading day
Pointer-17–How to avoid dangerous traps and anomalies
Pointer-18–How to make money
Pointer-19-Short selling
Pointer-20-How to use leverage
Pointer-21-Borrowing in your trading business
Pointer-22-Assessing risk and returns from short selling and leverage
Pointer-23-Know the law one price
Pointer-24–Making money from Scalping
Pointer-25-Transactions Costs
Pointer-26–Risk Arbitrage and its tools
Pointer-27-Types of arbitrage
Pointer-28-Developing the trader’s discipline
Pointer-29- Marking market momentum
Pointer-30–News
Pointer-31-Setting targets and limits for your trading and investing
Pointer-32-Judging Execution Quality
Pointer-33-The Ralph Vince Experiment
Pointer-34-What Exactly Is “Risk?”
Pointer-35-Seven Mistakes Do not trade to get rich quick.
Pointer-36-The Trader’s Psyche
Pointer-37-The Three “Secrets” to Day Trading Success
Pointer-38-The Tenets of Day Trading
Pointer-39 -How to Start Trading Without Risking a Single