Get Your Free Audiobook

  • Day Trading for Beginners 2020

  • The Ultimate Penny Stocks, Options and Psychology Swing Strategies for a Living Like a Rich Dad, Using the Tools, Tactics, Money Management, Discipline and Bases
  • By: Robert Zone
  • Narrated by: Pete Higby
  • Length: 3 hrs and 25 mins
  • Unabridged Audiobook
  • Categories: Money & Finance, Economics
  • 5.0 out of 5 stars (1 rating)

Listen with a free trial

1 credit a month to use on any title, yours to keep (you’ll use your first credit on this title).
Stream or download thousands of included titles.
Access to exclusive deals and discounts.
$16.45 a month after 30 day trial. Cancel anytime.
Buy Now for $20.83

Buy Now for $20.83

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions Of Use and Privacy Notice and authorise Audible to charge your designated credit card or another available credit card on file.

Publisher's Summary

If you also want to know more about day trading, then keep reading....

Once you have mastered the basics, start practicing. Trading simulators allow new day traders to trade on paper before they can get involved with actual trading. This is the perfect way to practice trading just to be sure that you know what you are doing when you start trading for real. Use the trading simulator to practice a few trading strategies and experience how they can be used in different kinds of stocks. By the time you start trading with real money, you will know what kind of strategy to use for a certain trade.

You also need to try trading in different kinds of systems, too. There are websites these days that will allow you to practice day trading irrespective of whether the market is open or not. With good practice, you will know how to trade even before you start risking your money. This way, you can reduce your level of risk when you need to invest actual funds and wait for a return. 

For a successful day trading career, traders need to gain many technical skills, but the most important factor that will impact their success is trading psychology. Humans are emotional beings, and it is a well-known fact that traders fail to control two main emotions: fear and greed, which leads to their failure in day trading. Traders are not born with the mindset necessary for success in day trading. But it is a skill that can be developed over time and with practice.

The psychological factor behind fear in stock trading is traders, being afraid of losing money. Sometimes traders are afraid that they will make a loss in stock trading. This can impact their decision-making ability. In fear, traders can over- trade or not trade even when a profitable opportunity comes in stock markets. Technology can help traders overcome their fearful mindset. By using stop orders and limit orders, traders can take the emotion out of their trading.

In this book, you will learn more about:

  • Basics of day trading and qualities of a day trader
  • Concepts of day trading
  • How day trading works
  • How to reduce your risks when day trading
  • Finding and picking stocks and trading strategies
  • Day trading tools
  • Understanding trading orders
  • Money management
  • Dos and don’ts
  • Managing risk in trading and the role of journaling
  • And more!

What are you waiting for? Click "Buy Now"!

©2020 Robert Zone (P)2020 Robert Zone

What listeners say about Day Trading for Beginners 2020

Average Customer Ratings
Overall
  • 5 out of 5 stars
  • 5 Stars
    1
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0
Performance
  • 5 out of 5 stars
  • 5 Stars
    1
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0
Story
  • 5 out of 5 stars
  • 5 Stars
    1
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0

Reviews - Please select the tabs below to change the source of reviews.

In the spirit of reconciliation, Audible Australia acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.