Advanced Techniques in Day Trading: A Practical Guide to High Probability Strategies and Methods
- Downloads：4271
- Type：Epub+TxT+PDF+Mobi
- Create Date：2021-05-02 09:52:38
- Update Date：2025-09-07
- Status：finish
- Author：Andrew Aziz
- ISBN：1721151265
- Environment：PC/Android/iPhone/iPad/Kindle
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Summary
This well-thought-out training regimen begins with an in-depth look at the necessary tools of the trade including your scanner， software and platform; and then moves to practical advice on subjects such as how to find the right stocks to trade， how to define support and resistance levels， and how to best manage your trades in the stress of the moment。 An extensive review of proven trading strategies follows， all amply illustrated with real examples from recent trades。 Risk management is addressed including tips on how to determine proper entry， profit targets and stop losses。 Lastly， to bring it all together， there's a "behind the scenes" look at the author's thought process as he walks you through a number of trades。 While aimed at the reader with some exposure to day trading， the novice trader will also find much useful information， easily explained， on the pages within。 In this book， you'll learn。。。 - How to start day trading as a business - How to day trade stocks， not gamble on them - How to choose a direct access broker， and required tools and platforms - How to plan important day trading strategies - How to execute each trading strategies in detail: entry， exit， stop loss - How to manage the trading plan
Reviews
Try Lee
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Prices go up and down， and anything can happen at any moment， but there are certain patterns that show themselves over and over again。 And the good news for traders is that there's a good chance you can actually make money by recognizing those trading patterns。Success in day trading comes from three elements: （1） mastering one or a few proven trading strategies; （2） excellent risk management， knowing proper share size， and defining proper entry， exit and stop loss levels; and （3） controlling emo Prices go up and down， and anything can happen at any moment， but there are certain patterns that show themselves over and over again。 And the good news for traders is that there's a good chance you can actually make money by recognizing those trading patterns。Success in day trading comes from three elements: （1） mastering one or a few proven trading strategies; （2） excellent risk management， knowing proper share size， and defining proper entry， exit and stop loss levels; and （3） controlling emotions and sound psychology。 。。。more
Laurence
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Very North American centric， which is to be expected and is fine for the fundamentals。 There is a lot of trader psychology and emphasis on discipline， emotionless trading and use of the candlestick to identify trades。 I have no doubt that day trading could be fun if you could get into it。 The barriers for me personally are timezone， country and taxes （he doesn't mention tax - is capital gains on shares not a thing in the US/Canada？ That is 30% of CGT events in Australia）。 Very North American centric， which is to be expected and is fine for the fundamentals。 There is a lot of trader psychology and emphasis on discipline， emotionless trading and use of the candlestick to identify trades。 I have no doubt that day trading could be fun if you could get into it。 The barriers for me personally are timezone， country and taxes （he doesn't mention tax - is capital gains on shares not a thing in the US/Canada？ That is 30% of CGT events in Australia）。 。。。more
Stefano
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lots of filler， lots of mentions of his website， a few good thoughts
Ethan Lambert
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Rehash of his old book with just one extra chapter for Explaining Support & Resistance。 Again Useless junk。
Sachin Bhatnagar
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Best book/guide for beginnersLoved this book。 I have literally started my trading career with it。 Still lot to learn but this book gave me a strong foundation。 I love the author talking straight to the point。 Its very helpful and practical guide for all who want to learn day trading in easy way。 Simplicity of this book makes it awesome。Thank you so much Andrew 🙂。
Cameron
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I started reading this but never finished。I stopped on the chapter that said if you did not use hotkeys then you could not be an effective day trader。 Which is probably true。 I might come back to the book。。。。。
William Franklyn
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Great BookVery insightful and greatly appreciated！！！！ Helpful for understanding the daily structure of being a day trader。 Thanks again and happy trading！！！
Udit S
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Absolutely brilliant。 This is the first book that I ever read about day trading and was awestruck by the simple way in which many complex concepts have been thoroughly explained by the writer。 After reading just one book I feel confident to go out and start trading on my own （against the author's well -intentioned advice to practice in a simulator for at least three months before going live）。 The book starts off with a very intriguing introduction to day trading using the famous Monty Hall Probl Absolutely brilliant。 This is the first book that I ever read about day trading and was awestruck by the simple way in which many complex concepts have been thoroughly explained by the writer。 After reading just one book I feel confident to go out and start trading on my own （against the author's well -intentioned advice to practice in a simulator for at least three months before going live）。 The book starts off with a very intriguing introduction to day trading using the famous Monty Hall Problem。 We are then introduced to candlesticks， support and resistance levels and the jargon。 The author then explains the trading platform he uses and how to set it up; which filters， scanners and labels are necessary。 He then discusses a few common trading strategies which should appeal to newbies and seasoned traders alike。 He says there are tons of strategies and that there is no best strategy。 The best strategy for me may not be the same for you， it all depends on the person's risk-taking ability and personality。 But since decisions have to be made within seconds， it is better to focus on a few tried and tested strategies。 The book ends with risk management techniques which the author rightly points out is more important than learning trading strategies。 Such as never risking more than 2% of your account value in a single trade。 Trading is more about controlling emotions than it is about technical knowledge。 Filled with insights from the author's decorated and lengthy trading career， this is one book you must read if you're interested in the subject。 If nothing else it'd definitely light up the spark; your interest in day-trading which you can pursue further。 It certainly sparked my interest in the subject and if a book can do that then its a winner in my eyes。 This is definitely not the last I'd be reading from this author。 I have also started following him on his Youtube page BearBullTraders where he shares insights every day before the markets open。 。。。more
Eric
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It's a great read for all new to day trading。 Although my aim is with crypto， a lot of the strategies still apply。 The author does have a point， this is not for everyone。 It's a great read for all new to day trading。 Although my aim is with crypto， a lot of the strategies still apply。 The author does have a point， this is not for everyone。 。。。more
Ravi Shankar Vedula
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Excellent bookVery well written with multiple examples for each strategy。 Emphasis on risk/reward was very well done。 One of the best books I have read on day trading。
Tatsuhiro Sato
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Two and a half months， a lot of loss， humiliation and heart break， I realized day trade is not for me。 Still， I learned a lot past 75 days。
Jose Menezes
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Excellent Read！It's a great book and on the first half it does expand on the first book Andrew made。 Definitely recommend it！ Excellent Read！It's a great book and on the first half it does expand on the first book Andrew made。 Definitely recommend it！ 。。。more
Ahmad Nazeri
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Very practical A great， practical guide to day trading。 The book includes detailed strategies and a comprehensive approach to trading。。。a good starting point for anyone who is new to trading
Marcus Leong
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Got this copy after reading the first beginner's guide on "How to day trade for living" by Andrew。 This copy will have slightly more in dept chart study on the different patterns that you can find in day trading。 Some similar content with the first book， I guess those are fundamentals of trading that must be repeated。 Highly recommend to pick up "Hot to day trade for living" before reading this one。 As per expectation from Andrew， very structured， well written and easy to understand。 Highly reco Got this copy after reading the first beginner's guide on "How to day trade for living" by Andrew。 This copy will have slightly more in dept chart study on the different patterns that you can find in day trading。 Some similar content with the first book， I guess those are fundamentals of trading that must be repeated。 Highly recommend to pick up "Hot to day trade for living" before reading this one。 As per expectation from Andrew， very structured， well written and easy to understand。 Highly recommended for anyone thinking of making Day Trading a career。Author also give realistic expectation to readers， it is not a get rich fast scheme。 You will have to put in effort， learning， training， practice。 Best of all there is a community that you can join if you are serious about it。 And you will hear and get reply from Andrew himself！ How awesome is that！BearBullTraders community founded by Andrew is an amazing after read support。 You can find support and learn from other traders。 MUST Read the first book before this， if you are thinking of getting into trading or in doubt is this for you。 Its a book of clarity！ 。。。more
Narcissa
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i feel so stupid for reading this bookit has the exact same information as "How to day trade for a living" i feel so stupid for reading this bookit has the exact same information as "How to day trade for a living" 。。。more
Arun
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Read his first book on day trading it was a good book for beginners but second book （this one）， is almost repetitive of the first， only few changes here and there ，one new strategy added and some few new content。
Massimo
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Very grounded adviceAndrew Aziz has written a very good guide that does not try to make day trading look easier or more difficult than it actually is。 Recommended， especially in the stay at home age
Seth
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Whilst there was a lot of recapping from the first book， it's nothing to be bitter over。 Any part that I felt was too basic I would just kind of skip over to get the gist of it。 That being said I read the majority of this book and find it has an awesome amount of knowledge in it。 Even more important， a good amount of questions or uncertainty's I had were answered by this book。 Which to me is ideallll！ Whilst there was a lot of recapping from the first book， it's nothing to be bitter over。 Any part that I felt was too basic I would just kind of skip over to get the gist of it。 That being said I read the majority of this book and find it has an awesome amount of knowledge in it。 Even more important， a good amount of questions or uncertainty's I had were answered by this book。 Which to me is ideallll！ 。。。more
GOPI Chava
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Good Follow-UpThis is the second book I read from the author and has some additional information compared to the first book。 There is some repetition of topics （author indicated it） which I could quickly glance through。 Numerous examples for each strategy was useful to look at for understanding。
Tom Fernald
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A lot of repeat from the first book。 Probably wouldn't recommend this one。 A lot of repeat from the first book。 Probably wouldn't recommend this one。 。。。more
Tim
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Must Read for Day Traders Excellent！ This is book 2 from Andrew。 You are getting a great bank of knowledge with entry， management， exit， why， how and a lot more。 I have several excerpts from this book pinned up on my office wall。 Words！ To！ Live！ By！ if you are determined to be a successful PDT
Daur
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Solid work by Andrew！When reading this book， take your time to digest and understand the concepts laid out in the book。 It has a lot of very useful information you will need to become a successful day trader and is full of crucial details。 I will definitely be rereading this book over time！ Thank you Andrew！
Leonard Mokos
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Clear and useful。I'm still poor though。I blame my parents。 Clear and useful。I'm still poor though。I blame my parents。 。。。more
Ricardo Crawford
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Great Book！This is an awesome book。 Andrew did a superb job，。 He gives you several strategies and explain and even show you lots of charts。 I learned why I suckered at trading。 I now keep a journal of my trades and honestly my trading has improved。 I don't make the same mistakes。 This is a must read book， do yourself a favor and purchase the book。 Great Book！This is an awesome book。 Andrew did a superb job，。 He gives you several strategies and explain and even show you lots of charts。 I learned why I suckered at trading。 I now keep a journal of my trades and honestly my trading has improved。 I don't make the same mistakes。 This is a must read book， do yourself a favor and purchase the book。 。。。more
DANIEL OSARO
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Trading is a risky businessTrading is a serious business requiring preparation，practice and experience for rational positioning for ultimate success。Need for search for alpha securities to use as instruments for success。I recommend this book for a serious minded trader。
Rukubuddin
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Very helpfulI read this book very well & understand where I mistake previously。 After reading I will strongly prepare for entry & exit point & my stop loss level。
Andrew Agliata
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Well written， informativeWell written，and with some slight redundancy littered throughout。 A nice follow up to the first book。 I would like to hear his opinion about general investment in the markets as well。
Emmanuel Vijay
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Found it very usefulThank you for such an wonderful book easy to understand for anyone who is interested。 A must read book。 I read the whole book through kindle android app amazing experience。
Rick Grams
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Andrew Aziz writes good booksHighly recommend this book as a follow up for his Andrew’s first。 I have read this book a few times。 This and Andrew’s Day Trading for beginners is why I have become a day trader。 A very simple to understand guide to start a path into day trading for anybody。 I joined his Bear Bull Trader Community and I highly recommend that for anyone that is starting day trading on there own。 Start with his Day Trading for Beginners and after that go directly to this book to get a Andrew Aziz writes good booksHighly recommend this book as a follow up for his Andrew’s first。 I have read this book a few times。 This and Andrew’s Day Trading for beginners is why I have become a day trader。 A very simple to understand guide to start a path into day trading for anybody。 I joined his Bear Bull Trader Community and I highly recommend that for anyone that is starting day trading on there own。 Start with his Day Trading for Beginners and after that go directly to this book to get a little more in depth。 Yes， a bit of it is repetitive from the first， but that’s important to re-read so it sticks and you understand better。 I will continue to read more trading books to grow my knowledge， but this is the base for a solid foundation into trading。 。。。more
Rakesh
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