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Day Trading & Swing Trading: 2 Books in 1
- A Beginners and Advanced Guide on the Best Strategies to Profit in Trading, Learn Techniques, Tactics, Psychology, Money Management, and Passive Income
- Narrated by: Sam Slydell
- Length: 6 hrs and 18 mins
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Publisher's Summary
Day trading and swing trading: two audiobooks in one.
Here's a preview of what you'll learn:
Day Trading for Beginners:
Understanding how financial markets work is crucial to making sure that global and economic markets are stable. Market participants (traders) vary due to their capital endowment, financial motivation, and the type of trading activity. Each activity is also subject to different regulations depending on how sensitive it is and the country where it is based.
One of the trading strategies that many traders have come to love is day trading. This is a process whereby you buy and sell stocks on the same trading day. This is different from other types because the trading activity continues even after the marketing hours have closed.
Traders that buy and sell using this method of trading are called day traders. The time allows you to run dozens of trades in a single day or run a single trade. You might decide to buy a stock the first day and then sell it the next day, that is if you realize that selling the same day might not prove profitable.
The standard practice is for traders to close trades at the end of the day. Trades usually last a few minutes or seconds. These traders do this because they want to avoid any risks that arise out of price gaps between the closing price on the day of buying the stock and the opening price of the next day.
Just like any other day, these traders make quick profits and also quick losses in such a short period of time. The good thing is that day trading gives you a chance to make decisions based on analysis of patterns.
Day traders study the general market and the price and volume movement of the stocks. They then use fundamental and technical analysis to keep themselves abreast with the latest news items in order to make the right decisions.
With the right decisions come better profits and satisfaction from all you do on the market.
Swing Trading: A Beginners and Advanced Guide:
Swing trading can be a fun and very lucrative way to make a living off the stock market. While it’s slower paced than day trading, it does require that you have some tolerance for risk, that you’re willing to do technical analysis of the stock market and understand what you’re doing, and that you use sound judgment and don’t "risk it all" for the sake of a single trade.
If you follow the principles outlined in this audiobook, you are on your way to becoming a successful swing trader, and I hope that you have found the presentation in this audiobook to be helpful, practical, and useful.
While doing all of these things may not seem appealing for those who are anxious to jump in, the more preparation that you put in, the more likely that you are going to earn profits and do well over the long term.
Think of swing trading as a business, and that will help ensure your success. Owning a business means you take reasonable risks and guard your capital. We have discussed ways to do that in the audiobook, and I hope that you don’t give in to all the common mistakes made by beginners. It can be too easy to give into emotion when trading on the stock market and large amounts of money are on the line. Don’t fall prey to that temptation.
What are you waiting for? Download your copy today!