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Item #:
114149902
How to Day Trade: The Plain Truth
Item #:
114149902
XAF 21688
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Product Details
- How to Day Trade: The Plain Truth is a book of straight talk about what it really takes to become a day trader, and how to learn what you need to know.Do you think you know what day trading is really about? If so, where did you get your information? Social media is full of people claiming that they made a killing on a stock. Just as many people will warn you to stay away from day trading because they lost everything on some sure thing that went bad in a hurry.So what should you believe? How to Day Trade: The Plain Truth is the first book to talk candidly and in detail about how to become a day trader. It's written by me, Ross Cameron, the guy who turned $583 into more than $18 million. Though my results are not typical, they are fully verified and audited. I also have over one million subscribers who tune into my YouTube channel to watch me trade. They see both my winning trades and my losing ones. Yes, even I have days where I lose money. That’s just the reality, and that’s what I want to share with you.This book is unique among day trading books in three ways:First, it’s written by someone with documented success from more than 20,000 trades. Sure there are lots of people on social media calling themselves “day traders” who will try to impress you with one amazing trade. Insider tip: You should only be impressed if they offer you an independently audited record of ALL their trades: the winning ones AND the losing ones.Second, of all the books for day traders, this one is unique: I clear away a lot of “head trash” that comes from social media, friends, and family who may have opinions but no real facts or deep experience with day trading. It addresses questions and opinions that most people have about day trading, like:“If it is possible to day trade profitably, why haven’t the giant trading firms taken it over and monopolized it by this point?”“If it’s possible for regular people to make consistent moneyby day trading, then why isn’t everyone doing it?”“Day trading is gambling. Nothing more, nothing less.”“What role does luck have in day trading?”“I have a hard time believing that you will tell me exactly the methods you use to trade. If you did that, wouldn’t you lose your competitive edge?”“I’m a gamer who's incredibly fast with the keyboard. Why can’t I skip all the concepts and learning, and simply follow you as you trade?”You will get specific, honest answers to all of these questions and more.The third thing that makes this book unique is I have identified 20 specific “guardrails” over my many years of trading. These are rules I follow, plus some I wish I knew when I was starting out. They are incredibly useful to keep in mind during the heat of trading—and it does get hot.If you’re looking for day trading books for beginners, this is the book to get. Plus if you feel like you’re not a beginner but your day trading is going nowhere, this could be the book to have in order to get you back on track.As important as charts and financial ratios are, those things come later. If you’re thinking about day trading for a living, what you need to know first is whether day trading fits your personality, and how to avoid the biggest myths and mistakes that will cost you time and money.Real day trading is not anything like what you see on social media. After you read this book, you'll know why. You'll also have a solid roadmap of day trading strategies to take, if you decide to explore this amazing profession.
| Publisher | Warrior Trading |
| Publication date | November 20, 2023 |
| Language | English |
| Print length | 217 pages |
| ISBN-13 | 979-8988601302 |
| Item Weight | 1.02 pounds (460 grams) |
| Dimensions | 6.24 x 0.68 x 9.24 inches (15.8 x 1.7 x 23.5 cm) |
Product Description
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Question:
What is the duration of the Warrior Pro course?
Answer: The Warrior Pro course boasts over 100 hours of professionally designed curriculum. -
Question:
Can beginners enroll in this course?
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What tools are included in the Warrior Trading community?
Answer: Members receive access to stock scanners, charts, news feeds, chat rooms, and live broadcasts.
Introduction Editorial Review
**** *How to Day Trade: The Plain Truth* by Ross Cameron is a refreshing and honest guide tailored for those new to the world of day trading. Cameron distances himself from the often glamorized and unrealistic representations of trading seen in popular media, instead focusing on essential principles like risk management, discipline, and market behavior. His practical approach emphasizes the importance of Consistency and capital preservation without succumbing to the temptation of quick wins—a perspective that resonates well with beginners who are eager to learn the ropes of trading accurately. Readers have praised Cameron for merging theoretical insights with personal anecdotes, revealing the hardships and lessons he learned on his journey to profitability. His transparent discussions on the psychological challenges of trading and real-life examples make for a compelling read. Moreover, his renowned 5 pillars of stock selection serve as a practical framework for building trading strategies. Instead of encouraging mirroring his trades, he promotes independent thinking, enabling readers to cultivate their own trading acumen. While some beginners have expressed a desire for more nuanced discussions around entry and exit strategies, the overall response has been one of gratitude for a straightforward learning resource. This book not only complements Cameron's dynamic YouTube content but also stands alone as a substantial guide for those serious about developing their trading skills. With its encouraging testimonials of student successes and emphasis on diligent practice, *How to Day Trade* is positioned as a foundational text for aspiring day traders. **
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Pros
- Clear and realistic introduction to day trading.
- Strong focus on risk management and capital preservation.
- Combines theory with personal experiences and lessons from the author’s journey.
- Provides practical frameworks for stock selection and trading strategies.
- Encourages independent thinking rather than mirroring trades.
- Transparent discussions about psychological challenges in trading.
Cons
- Some readers desire more detailed discussions on entry and exit strategies.
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Features & Benefits
- Taught by renowned trader Ross Cameron, founder of Warrior Trading.
- Over 100 hours of professionally designed curriculum for all skill levels.
- Recognized as the most comprehensive day trading course by Investopedia.
- Learn the secrets of turning $583 into over $12.5 million in profits.
- Includes exclusive access to cutting-edge trading tools and community support.
- Gain expertise in critical trading concepts to avoid common pitfalls.
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