The Big Book of Day Trading Fundamentals is an ultimate resource for anyone trying to learn/start day trading in any part of the world. With Authors vast experience in various global markets, he has been able to give great examples and techniques for day trading. The book also helps us understand the emotions a trader faces while trading and how to shape them properly for a positive mind-set which is needed to profit. It also teaches techniques of risk management and how to select the right stock broker. Basic knowledge about BSE, NSE, and MCX is also included in this edition. Visit autors websites www.SunnyProfits.com and www.Marketclassroom.com
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Sunny Shah. The Big Book On Day Trading
UNDERSTANDING THE TERM DAY TRADING
DIFFERENT STYLES OF DAY TRADING
DIFFERENT TYPES OF MARKETS
SELECTING THE RIGHT MARKET
THE NATIONAL STOCK EXCHANGE OF INDIA (NSE)
THE BOMBAY STOCK EXCHANGE OF INDIA (BSE)
THE MULTI-COMMODITY EXCHANGE (MCX)
EVALUATING YOUR STOCK BROKER
DAY TRADING AND EMOTIONS
FEAR AND GREED AFFECTING DAY TRADING
PATIENCE AND DISCIPLINE AFFECTING DAY TRADING
PREPARING FOR THE INEVITABLE – LOSSES
WIN TO LOSS RATIO
RISK FOR DAY TRADERS
TRADING WITH A SMALL ACCOUNT
Отрывок из книги
Day trading (and trading in general) is the buying and selling of various financial instruments, such as futures, options, currencies, and stocks, with the goal of making a profit from the difference between the buying price and the selling price. Day trading differs slightly from other styles of trading in that positions are rarely (if ever) held overnight or when the market being traded is closed.
Day trading was originally only available to financial companies (such as banks), because only they had access to the exchanges and market data. But with recent technology such as the Internet, individual traders now have direct access to the same exchanges and market data, and can make the same trades at very low cost.
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Day trading was originally only available to financial companies (such as banks), because only they had access to the exchanges and market data. But with recent technology such as the Internet, individual traders now have direct access to the same exchanges and market data, and can make the same trades at very low cost.
In addition to the style and type of day trading, there are other variances between day traders. Some day traders like to make many trades throughout the trading day, while others prefer to wait for what they consider the best conditions for their trade, and perhaps only make one trade per day. However many trades are made, the trading process that is used, and the desired goal of making a profit, are the same.
