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How To Day Trade Stocks For Profit
 
 

How To Day Trade Stocks For Profit [Kindle Edition]

Harvey Walsh
4.2 out of 5 stars  See all reviews (4 customer reviews)

Print List Price: £11.99
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Product Description

Product Description

Would you like the freedom to make money from anywhere in the world? Trade in an office, or from a beach hotel, you choose when and where you work when you’re a successful day trader.


Complete Day Trading Course


How To Day Trade Stocks For Profit is a complete course designed to get you quickly making money from the stock market. No previous trading experience is necessary. Easy to read and jargon-free, it starts right from the very basics, and builds to a remarkably simple but very powerful profit generating strategy.


What Others Are Saying


Readers of this book make real money, as this short selection of comments shows:

• "Have been using the info in the book for three days... $1,490.00 in the bank."

• "It was a great day! I made a $1175.50 profit."

• “Per 1 January I started day trading full time."

• “I am already making my job salary in trading."

• “I ended my first day of live trading with a net profit of $279.53.”


What's Inside


Just some of what you will discover inside:

• What really makes the stock market tick (and how you can make lots of money from it).

• The single biggest difference between people who make money and those who lose it.

• How to trade with other people's money, and still keep the profit for yourself.

• Specific trading instructions, exactly when to buy and sell for maximum profit.

• How to make money even when the stock market is falling.

• The five reasons most traders lose their shirt, and how you can easily overcome them.

• Three powerful methods to banish fear and emotion from you trading - forever.

• How you can get started trading with absolutely no risk at all.

• 14 Golden Rules of trading that virtually guarantee you will be making money in no time.


Fully Illustrated



The book is packed with real life examples and plenty of exercises that mean you’ll be ready to go from reading about trading, to actually making your own trades that put cash in the bank.

About the Author

Harvey Walsh quit his day job with the idea of day trading from home. His friends thought he was crazy, but not only did he realise his dream of being his own boss, through his course and his books he has gone on to teach thousands of others how they can do the same. Harvey has gained a reputation for being able to teach trading in a fun and easy to understand manner. His laid-back style makes learning a breeze. He avoids technical jargon and uses plain English that makes even the most complex subjects seem simple.

Product details

  • Format: Kindle Edition
  • File Size: 1190 KB
  • Print Length: 206 pages
  • Publisher: Shelfless; 3.7 edition (12 Jan 2011)
  • Sold by: Amazon Media EU S.à r.l.
  • Language: English
  • ASIN: B004IWRC9S
  • Text-to-Speech: Enabled
  • X-Ray:
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Bestsellers Rank: #121,541 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

4.2 out of 5 stars
4.2 out of 5 stars
Most Helpful Customer Reviews
1 of 1 people found the following review helpful
5.0 out of 5 stars Best Explanitory Book Ever 1 April 2013
Format:Kindle Edition|Verified Purchase
This the best ever book that explains the How Why When of trading with in depth ecplanations on the different trading/betting platforms excellent book I would highly recommend this book to traders and beginners
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5.0 out of 5 stars Well written, great for new traders. 28 Aug 2013
By Moxie
Format:Kindle Edition|Verified Purchase
I like Harvey's style, clear and easy to read which are very important when you are approaching a new subject, specially a "temperamental" one like trading.

Although I have moved on with my trading and use a completely different method in my trading activities, this is a great little book for someone just starting out.

The Kindle version also looks great on my ipod and kindle pc running on wine and linux. It's worth every penny for the newbie (and I mean this in a nice way)
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4.0 out of 5 stars Easy to read 5 Nov 2012
Format:Kindle Edition|Verified Purchase
I found it easy to work through this book, maybe a little too easy though. It could have been more in depth and I felt that's where it was lacking
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0 of 1 people found the following review helpful
3.0 out of 5 stars Well put together Trading Plan 7 Jan 2014
By ab
Format:Kindle Edition|Verified Purchase
The Strategy is based on Price Action set ups

This book goes beyond just the usual mechanical entries that many other trading systems provide and in addition details what it entails to trade professionally for a living.
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Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com: 4.4 out of 5 stars  74 reviews
107 of 111 people found the following review helpful
5.0 out of 5 stars Finally! A book that's truly about how to trade! 10 Dec 2011
By Mark Bray - Published on Amazon.com
Format:Kindle Edition|Verified Purchase
I've been trading for about 7-8 years now, first as a swing trader and now primarily a day trader. I have a pretty good thing going but I'm always studying, always trying to learn something new to give me an edge. I've read a ton of books on trading and investing--I have a lot of the big name books that have hundreds of reviews and lead the pack in sales. All I have to say is thank God for the digital age and the ability to self publish, because this gem of a book would not exist if Harvey Walsh had to first go out and get a book deal with a major publishing house. At this point in my trading career, if I learn a couple of new tricks or concepts from a book I'm happy. I'm totally happy with my purchase of this book.

The vast majority of trading and investing books out there are preparatory--they tell you the things you need to know and have and be before you trade. They go through risk management, indicators, trading psychology, all the things you'll need to know before you start trading. All of these are critical to a trader's success, but nearly all of them drop you off and say goodbye at the point where you're sitting at your PC, logged into your broker's trading platform, trying to put it all together and actually made a trade. Harvey's book picks up where those books leave off. It astounds me that there aren't more books like this out there. Well, no, I guess it doesn't--most people with the knowledge and ability to actually pull off a day trade either have a pamphlet sized book that they're selling for $89.99, or they have their own websites and "systems" and chat rooms, through which they're willing to impart their knowledge for a scant $400 a month. Harvey has done beginning to intermediate level traders a huge service with this book. This is a sick bargain.

This book is very, very rare in that it really is a how to book on day trading. It gives specific trading setups, how and when to enter, and after you're in, how to manage the trade. These are valid, sound techniques--anyone with a significant amount of real experience trading would recognize them. He's also a good teacher, his clear and straightforward style making it easy to understand the concepts he's trying to get across.

But it doesn't stop there. Harvey gives the reader a well written, though brief, primer on all of those same preparatory concepts the big boys' books have. He talks about markets in general, indices, sectors, futures, order types, risk management, position size, brokers, the importance of paper trading, charting, chart patterns, indicators, support & resistance, and more. He really does cover all the bases.

The book does have a few shortcomings, but this is less a criticism of the book than it is a realization that no one book is going to give you everything, nor is one person's take ever the final word on any subject. Many of what I call the preparatory topics, like "what are futures," or risk management, are only brief introductions to the topics. There are entire books written on subjects that Harvey gives only a few paragraphs or maybe a couple of pages worth of explanation. This is understandable, though--the focus of the book is how to day trade, not how to become expert in every conceivable aspect of trading.

Another important point here is that this is just one way to day trade, not The Way. Harvey is big on chart patterns and on entering trades where support or resistance has been broken, which is a totally valid way to trade, but this style often ignores the dollar of price movement that's happened prior to the breakout that nets 20 cents. This type of trading can definitely be profitable, but after mastering these techniques the trader needs to keep learning from his own experience as well as from others.

So, here's my advice to you if you're a new trader: Buy and read this book. When you finish it, start paper trading. Then buy a few of the best books from the big guys, like (especially) Brett Steenbarger, Mike Bellafiore, Alexander Elder, Marcel Link, Van Tharp and others. Read and understand them. Understand that risk management and preservation of capital are the most critical aspects of trading, far more important than entries and exits. Spend time going through the pile of trading websites, taking advantage of their free info. Then, read this book again. You should then be ready to log into your trading platform and start trading with a small amount of money. From there it's up to you.
17 of 17 people found the following review helpful
5.0 out of 5 stars Good Book on Day Trading 26 April 2011
By Judith M - Published on Amazon.com
Format:Kindle Edition
This is really good stuff, I'm profiting from it. After several weeks of practicing the principals outlined in this book, I've started trading live and am making money. The idea of choosing only easy stocks and easy trades makes so much sense. Other books only talk about theory, but this one shows you the nuts and bolts of actually doing it.
14 of 16 people found the following review helpful
5.0 out of 5 stars Great guideline for simple, profitable trading 28 July 2011
By Christian - Published on Amazon.com
Format:Kindle Edition|Verified Purchase
In this book, Harvey doesn't claim to have found the Holy Grail trading strategy that works every time without fail. Instead, Harvey outlines the exact strategy that he uses successfully in an easy to read and understand format. He preaches keeping things simple and putting in the work required to profit from the markets daily. Anyone who has ever traded knows that there is no system that works 100% of the time with little to no effort needed. Harvey discusses controlling emotions, staying disciplined, and not over-complicating your trading strategy.

With numerous examples with detailed explanations, he walks you through exactly how he enters and exits trades. You can also look up his YouTube page and watch him use this exact strategy successfully on multiple videos.

For $10, this book is an absolute steal!
7 of 7 people found the following review helpful
5.0 out of 5 stars Finally a Practical Day Trading Book 14 May 2013
By Vladimir - Published on Amazon.com
Format:Kindle Edition|Verified Purchase
I've been trying to learn how to day trade, but all the books are mostly rhetoric that provide no practical advice in regards to what you need to do.

This book sits you down, tells you the basics of day trading, teaches you the basic indicators (triangles, head and shoulders, etc), and really gives you a feel for how to day trade. Mr. Walsh tells you which market to focus on (NASDAQ), possible software to use for every aspect, and he really just guides you the whole way. Great read, very glad I found this book.

Very minor drawback: I felt like Mr. Walsh was pushing an online service a bit much in one chapter. The service did, however, seem like it could be very useful for serious day traders, so maybe I shouldn't be complaining.
7 of 7 people found the following review helpful
5.0 out of 5 stars An excellent book on day trading 7 July 2012
By daliscar - Published on Amazon.com
Format:Kindle Edition
This is a very good book. The author explains how to profit using day trade strategies. In part 1 and part 2 of the book the author explains the basic patters of the charts (rectangle, head&shoulders and so on ) among with all the type of financial instruments you could work out in trading. A section of the book is dedicated on the different kinds of orders (limited order, stop order and so on), risk/reward ratio and so on.
The vital aspect of this book lies in the fact that there are lots of exercises after a trading strategy has been explained so you could learn better and in a deeper way.
The author takes lots of advices such as taking a trading journal and explains all the types of mistake a trader could make.
The author divides the trading strategies according to the time of trading (early trading strategies, after lunch strategies).
In short if you are interested in day trading this is the book as the author touches every aspect of the trading.
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