How to Make Money in Day Trading: Trade on an Invitation
How to Make Money in Day TradingDay trading holds tremendous attraction for those seeking to make money in the markets. Nearly 90% of market players are interested in day trading because it requires lower capital, you don’t carry overnight risks and you can make money whether the market is rising or falling.The attraction can also be fatal because you have to act fast and if you don’t have a clear strategy, the rapidly unfolding market events can stampede you into making wrong moves.This book contains a powerful day trading strategy, complete from how to select a stock to trade, to risk management and profitable exits. The strategy rests on the author’s innovative concepts of trade invitation, and running and stagnant prices.Highlights: Should you be day trading? Where to startUnderstanding trends — and how they are affected by changes in market sentimentsHow to interpret what the price is telling youHow to identify a trade invitationHow to confirm the validity of a trade invitationHow and when to use running price to enter a tradeSimple stop loss rules to manage the risk of a trade going wrongWhen to book profits.Here is a concise, actionable guide to making money in day trading by a successful day trader who has trained more than 40,000 traders. Come, profit from it.