Have you ever thought about breaking into the trading world as a way to supplement your income, retire early, or even replace your current career? In order to do that, there are some things you need to know first. In this book, you will learn:
• The Advantages of Day Trading: The stock market and the foreign exchange market is open all day, every day, which means that you can trade when you want and need to. In addition to this, you don’t need a lot of money to start out, unlike with other methods of trading. Find out what other advantages there are in this guide.
• Common Terms to Know: A key to learn any skill is getting familiar with the terminology used. Knowing the common concepts and terms of day trading will help you to recognize them when you see them mentioned on platforms, as well as helping you gain a fuller understanding of the market itself.
• An Overview of Beginner Strategies: Starting out in trading can leave you feeling confused and overwhelmed. In chapter four, you will be given some simple, beginner strategies to get started with. As you progress in your day trading journey, you can enhance your strategies as you go.
• Detailed Explanation of several Strategies: There is no shortage of strategies out there on this subject, so how are you to know which to use, as a beginner? This guide will tell you where to start and when to use a specific strategy.
As with any other type of trading, day trading comes with its ups and downs. For some of you, it will be the answer to your prayers, and the perfect way to trade around your busy schedule.