Trading: A Simple Roadmap To Successful Day Trading Strategies, Money Management and Mental Skills: Volume 1
By Daniel Robert
Synopsis
This one is aimed squarely at beginners, and offers an interesting introduction into how to carve out a path into trading and learn to develop a career from it. It is unlikely to provide new insights for those already used to trading, but for potential new investors looking for a way in, this could easily shine a light and help to explain some of the information needed to get started.
Review
Coming in at just 58 pages, this offering from Daniel Robert is unlikely to take too much time to get through, but in a way this is one of its benefits.
Covering all of the bases needed to get a solid grounding in how day trading works, by encouraging the reader to create their own roadmap to success, it makes it easier than just copying what somebody else does.
It starts off with explaining exactly what day trading is and how this can differ from swing trading and other types, as well as what kind of technical level is needed before embarking on a trading career. After indicating how to acquire some of this knowledge, Robert moves onto how to spot the big events happening in the market, and how to make the most of these.
As well as learning what indicators to look for to make the best moves in the market, this book also shows how to track each trade to figure out what went wrong and how it can be improved next time.
By covering all of the aspects to some short degree, it means there is a solid foundation to build upon, and figure out what gaps still need to be filled.
Finally, it finishes with a guide to maintaining mental strength and staying strong in the face of market volatility. For those looking for an immediate and accessible guide to beginning day trading, this is a good start.
Details
Paperback: 58 pages
Publisher: CreateSpace Independent Publishing Platform (15 Jun. 2016)
Language: English
ISBN-10: 1534673172
ISBN-13: 978-1534673175
